Why the martingale system sucks! (doubling down on losses)

[covfefe_]

None of these "techniques" is for trying to win the game so in the end they all just differ on how long you remain in the game. If you're particularly unlucky, you'd burn through your money fast using the Martingale.

Basically it's a choice of whether you want to quickly test how lucky you can get or whether you want to only gain small wins and reduce loss.

So meaning using martingale system is depends on the player luck got win or loses consistently. But I still believe skill including luck with instinct  is the way to got success that's way is best technique.

Yes it all depends on individual luck and the more you bet, the more your luck goes down as probability comes into action. You can't beat the maths on long run. Martingale has been tested for centuries and if it was successful, we would not have any gambling sites.

[jak3]

That is not true because the martingle system was never completed, it was just an idea which was never developed that we got a lot of Technologies and even AI in this generation we can overcome a lot of problems without even spending a penny on them. I know it someone is going to use the martingle system they can win the game in the short run but casinos make money in the long run. And martingle system ensures that is a player can you get multiple chances to win the same bet. That is simple words is going to make you lose everything you have so we need to just avoid the system and not leave the system completely.

[FanEagle]

Despite your post,hundreds of greedy gamblers use the martingale tactic every day.You can't just force them to stop using it.We all know that martingale sucks,but the greed and gambling addiction blinds the poor people,who keep using it until they get broke.The people,who are stupid enough to believe in this martingale  bullshit,usually deserve to lose their money.

I am sorry to say but you really do not sound so intelligent with this post. What do you mean by gambler using strategies has been greedy? Is this your definition of greed?  Are you aware that gambling is someone’s profession and this is where most bills are been paid? So trying all available strategies to win is inevitable in this game and this is the reason a lot of us have given this and many other strategies a trial


It hurts that martingale is not really for small gamblers and it has been overhyped. The first time I read about its effectiveness, I was lured to play with a large amount, although I still lost it all because it’s not the kind of amount required for such strategy.

[jostorres]

Martingale technique sucks, it won't make you win in long term theoretically it may seem you have the upper hand, but if you see the proof and count in detail you won't see any chance of winning in long term, you can only win with martingale, if you got unlimited capital and no house edge, but that would be impossible

It is good that the strategy sucks and I am glad it is not reliable, what this clearly means is that no gamblers need any form of strategy to succeed. It is against the laws covering gambling. Gambling is a game of fun and gamblers are meant to enjoy the game not depending on any kind of strategy to win but some set of gamblers decided to go through the back door to create short cuts to winning, simply because they have taken gambling for a profession. No wonder the strategies never work. Even though it works for a short term but will never be permanent.

What is gambling when a strategy is implored to play? It becomes an ordinary uninteresting game and it loses all the entertainment that comes with it. This is one of the reasons why I never and will try Martingale or any other strategy in gambling.

[shoreno]

What is gambling when a strategy is implored to play? It becomes an ordinary uninteresting game and it loses all the entertainment that comes with it.

this is the same on video games when you cheated on them or when you use walkthroughs  . the game becomes boring however on gambling it doesnt become boring if your goal is to earn  . deploying a strategy on gambling also makes you more creative and it becomes interisting imho  .

This is one of the reasons why I never and will try Martingale or any other strategy in gambling.

you dont need to follow the trend that you see  . its still better to follow your own strategy if you think you can win by using it 

[jakelyson]

The martingale strategy has been discussed in this forum over and over already. And most would agree that it never work. Most of the gamblers also have done it at least once in any casino. I guess this topic will always pop up as long as there are new gamblers who would want a sure way to win against the house.

I was lured to play with a large amount, although I still lost it all because it’s not the kind of amount required for such strategy.

You can only surely win in martingale is when you have an infinite amount of money to play with. No one has that money and online casinos have limits on the amount you can bet.

[Johnzky]

I think that everyone of us have had that moment when he opened up a web browser and searched for how to win in gambling.I am sure that the first results were some sites with the Martingale strategy and I think any of us have started to try this at least once.The results I think have been the same for all of us,it doesn't work

It will work if you will be blessed by luck mate because strategy with luck is sure win in gambling but as we know this is not happening for everyone and not anytime there’s only limited chance for people to earn this both

[MonsterV]

I think that everyone of us have had that moment when he opened up a web browser and searched for how to win in gambling.I am sure that the first results were some sites with the Martingale strategy and I think any of us have started to try this at least once.The results I think have been the same for all of us,it doesn't work

Indeed, because the martingale system is not intended for gambling, I believe the system on the gambling platform has provided anti-martiangle, so anyone who uses this system will lose even if he uses martiangle up to level 10. If you play gambling, it is better to use a parlay system, where we bet from previous advantage. Martiangle only works for trade.

[Haunebu]

Indeed, because the martingale system is not intended for gambling, I believe the system on the gambling platform has provided anti-martiangle, so anyone who uses this system will lose even if he uses martiangle up to level 10. If you play gambling, it is better to use a parlay system, where we bet from previous advantage. Martiangle only works for trade.

Parlays are just as useless as the Martingale system in the long term. All these parlay bets were designed to provide an edge to the bookies and I would never recommend any of these systems apart from the Alphabet system.

The Alphabet system ensures you get back a good portion of your money even if several teams which you selected end up losing which is a sweet deal.

[Avirunes]

To be successful in martingale system, you will need a huge amount of bankroll. Even having a huge amount of bankroll might make you go bankrupt. You will never lose in martingale strategy if your bankroll was infinite. But then again, why would someone gamble if they had infinite amount of money?
Martingale system would be the best system if the game he is playing had escalating odds, where your odds keep on increasing each time you make a bet and lose. But, that is not the case for most of the gambling games available. They have fixed unchanging odds!

True but don't you think there is still a small chance of back to back losses and ultimately a nil balance. Sometimes also some guys get panic in between that they just stop a significant portion of their big bankroll. It might be easy to say but from gamblers perspective I feel it's too much to risk.

Escalating odds might give gamblers a good favour but IMO that alone also doesn't eliminates the chance of red streak at whole.

[mirakal]

Indeed, because the martingale system is not intended for gambling, I believe the system on the gambling platform has provided anti-martiangle, so anyone who uses this system will lose even if he uses martiangle up to level 10. If you play gambling, it is better to use a parlay system, where we bet from previous advantage. Martiangle only works for trade.

Parlays are just as useless as the Martingale system in the long term. All these parlay bets were designed to provide an edge to the bookies and I would never recommend any of these systems apart from the Alphabet system.

The Alphabet system ensures you get back a good portion of your money even if several teams which you selected end up losing which is a sweet deal.

Both are a bad strategy if you use it on a regular basis.

For me, I'm not a fan of martingale method anymore but I like to do parlay bets from time to time, especially if I have some extra money to bet.
If I have to bet, I focus on one odds only as that gives better chance of winning for me, but in general really, all kind of betting strategy won't work permanently, we are just bettors, they control the system and they can adjust when necessary.

[syamster]

I think that everyone of us have had that moment when he opened up a web browser and searched for how to win in gambling.I am sure that the first results were some sites with the Martingale strategy and I think any of us have started to try this at least once.The results I think have been the same for all of us,it doesn't work

Indeed, because the martingale system is not intended for gambling, I believe the system on the gambling platform has provided anti-martiangle, so anyone who uses this system will lose even if he uses martiangle up to level 10. If you play gambling, it is better to use a parlay system, where we bet from previous advantage. Martiangle only works for trade.

For me as according to the rules of martingale I guess it is applicable as this way the person who is loosing can double the investment and the first loss can help to be recovered but the only thing people use to say that it is not for gambling is because no one knows as the chances to hit the loss or profit is 50/50.

[Zicadis]

Martingale is not a win strategy, people should search another strategy, a lot of friend tried martingale strategy and didn't bring nothing good and make them lose a lot, i preffer bet as it is and choose odds close to 2 or over.

People shouldn't search for any strategy obviously, they don't work in the long run.

You are clearly a complete moron who thinks that some magic strategy can somehow defy the law of odds.

If you want a winning strategy, take your profits and leave, that's the only way.

[Spaffin]

I think that everyone of us have had that moment when he opened up a web browser and searched for how to win in gambling.I am sure that the first results were some sites with the Martingale strategy and I think any of us have started to try this at least once.The results I think have been the same for all of us,it doesn't work

Indeed, because the martingale system is not intended for gambling, I believe the system on the gambling platform has provided anti-martiangle, so anyone who uses this system will lose even if he uses martiangle up to level 10. If you play gambling, it is better to use a parlay system, where we bet from previous advantage. Martiangle only works for trade.

For me as according to the rules of martingale I guess it is applicable as this way the person who is loosing can double the investment and the first loss can help to be recovered but the only thing people use to say that it is not for gambling is because no one knows as the chances to hit the loss or profit is 50/50.

It seems to me that even today, many people using the browser are looking for opportunities to win gambling.  But why look so far and risk your own money if we already have everything on bitcointalk.  Best of all, this particular forum provides a sufficiently large amount of information for a gambler.

[sana54210]

Despite your post,hundreds of greedy gamblers use the martingale tactic every day.You can't just force them to stop using it.We all know that martingale sucks,but the greed and gambling addiction blinds the poor people,who keep using it until they get broke.The people,who are stupid enough to believe in this martingale  bullshit,usually deserve to lose their money.

I am sorry to say but you really do not sound so intelligent with this post. What do you mean by gambler using strategies has been greedy? Is this your definition of greed?  Are you aware that gambling is someone’s profession and this is where most bills are been paid? So trying all available strategies to win is inevitable in this game and this is the reason a lot of us have given this and many other strategies a trial


It hurts that martingale is not really for small gamblers and it has been overhyped. The first time I read about its effectiveness, I was lured to play with a large amount, although I still lost it all because it’s not the kind of amount required for such strategy.

Is gambling really designed to be someone’s profession? Will those gamblers who take it for profession still not survive if there was no gambling and lastly how can a game of uncertainty pass as profession? Please do well to give answers to my question okay.

I am not in support of any player using strategies to play, even gamblers that play for entertainment, are not doing any good to the game using strategies.  Personally I would say that anyone that uses strategies in gambling is greedy. It’s just like not following the right procedures, if strategies were to be part of the game, then the operators of each game would one as a guide. As long as there is nothing like this, then I would say that it’s illegal to play using strategies and it’s against gambling policy.

[mindrust]

There is only one strategy which works %100 of the time (provided that the casinos you play on are trusted);

Sure betting. (or arbitrage betting)

Similar to what you do between exchanges with your coins, you do it between casinos.

When conditions allow, by placing one bet per each outcome with different betting companies, the bettor can make a profit regardless of the outcome.

Here is a calculator:
https://www.betburger.com/surebet-calculator

With martingale every game has its own chance and they are independent from the previous results. Liverpool may win 20 times before they lose a game and you'll lose all your capital by then.

1st game:  1
2nd game: 2
3rd game: 4
4th game: 8
5th game: 16
6th game: 32
7th game: 64
8th game: 128

If you lose 7 times in a row, by the time you get to the 8th game, you'll have to invest x128 of what you originally invested and if thats a %50 chance game, you are only going to profit 1 unit.

You'll need to invest 128 units at the 8th game to win only 1 unit.

This is the most retarded shit you are getting yourself into.

Going all in makes more sense.

[daarul50]

Almost every gambling uses this martingale system. Everyone thinks that doubling the bets of a losing experience can make lost bets return. But, sometimes it doesn't work as we thought.

I also hope that there will be a new system that can replace this system which is truly a solution when we get defeat.

[Zicadis]

There is only one strategy which works %100 of the time (provided that the casinos you play on are trusted);

Sure betting. (or arbitrage betting)

Similar to what you do between exchanges with your coins, you do it between casinos.

When conditions allow, by placing one bet per each outcome with different betting companies, the bettor can make a profit regardless of the outcome.

Here is a calculator:
https://www.betburger.com/surebet-calculator

With martingale every game has its own chance and they are independent from the previous results. Liverpool may win 20 times before they lose a game and you'll lose all your capital by then.

1st game:  1
2nd game: 2
3rd game: 4
4th game: 8
5th game: 16
6th game: 32
7th game: 64
8th game: 128

If you lose 7 times in a row, by the time you get to the 8th game, you'll have to invest x128 of what you originally invested and if thats a %50 chance game, you are only going to profit 1 unit.

You'll need to invest 128 units at the 8th game to win only 1 unit.

This is the most retarded shit you are getting yourself into.

Going all in makes more sense.

Unfortunately arbitrage betting only works with sportsbooks and other event-based bets, you can't perform arbitrage bets at something like a dice site or casino.

That being said, even arbitrage betting can get you screwed sometimes, such as when one side of the bet cancels all betting due to a mistake, leaving you stuck with a potentially losing bet on the other sportsbook.

[iMark]

There is only one strategy which works %100 of the time (provided that the casinos you play on are trusted);

Sure betting. (or arbitrage betting)

Similar to what you do between exchanges with your coins, you do it between casinos.

When conditions allow, by placing one bet per each outcome with different betting companies, the bettor can make a profit regardless of the outcome.

Here is a calculator:
https://www.betburger.com/surebet-calculator

With martingale every game has its own chance and they are independent from the previous results. Liverpool may win 20 times before they lose a game and you'll lose all your capital by then.

1st game:  1
2nd game: 2
3rd game: 4
4th game: 8
5th game: 16
6th game: 32
7th game: 64
8th game: 128

If you lose 7 times in a row, by the time you get to the 8th game, you'll have to invest x128 of what you originally invested and if thats a %50 chance game, you are only going to profit 1 unit.

You'll need to invest 128 units at the 8th game to win only 1 unit.

This is the most retarded shit you are getting yourself into.

Going all in makes more sense.

Indeed, especially if you use this strategy in a long time, losing 7 times in a row is something that is definitely to happen at gambling, martingale will eat all your capital after that and you will end up with bankruptcy. if you want to use this strategy, make sure that you are prepared for losses and could leave at the right time (when you get profit already)

[Shinpako09]

So far, it's one of the most famous strategy and being used by most of newbies and script user and also the worst strategy. Well, most of strategies sucks at long run. I also used martingale in the start of my gambling time and had only good run for a short period of time. After consecutive losses with martingale, I stop using it until now for how many years.