My Own Version Of Martingale Your Opinion

[Vispilio]

The problem with the martingale is the pay-off and reward to risk ratios:
both in trading and in betting, you should usually be creating scenarios for yourself where you are shooting to WIN big while risking to lose small amounts.

The standard Martingale, including the version you are describing is the exact opposite, so you are setting yourself up to win very small amounts while risking to lose your entire bankroll...

[STT]

so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

So if you lose on the 6th bet even, you go home and try again another day ?     If thats the case and you start with 10 SAT then fair enough, its not too much and you tried your best.     If you find this strategy results in a loss over a month then quit it and dont use it again.    If its tried with small amounts every day then I dont think anyone can criticize the attempt, just dont ramp up the amounts and hope it'd work any better.

    I had a friend from work describe a similar strategy to me sitting in a casino about 20 years ago.    I heard it and it seemed a reasonable proposition but theres nothing special in this idea, it doesn't give an advantage.   The main problem to avoid it is the risks of loss are too great on continual doubling.   If the rule is quit after 6 doubles and to start small I agree, thats slightly better.    
   People always repeat this one because its so simple and somehow it appeals to our basic ideas of how the game deserves to give us a win sometime, sadly justice is not a feature of gambling.

[aioc]

I thimk we have our own variations but I think it is still the classic martingale.

To be honest I am doing the same bets since I am not using my own money but I do love to get some free Satoshis on the site's faucet and use that to gamble using this strategy. Sometimes I won but most of time, I lose that is fine though but I am wasting a lot of time doing that but it is fun.

We all want to extend our enjoyment if we came to the game to enjoy the excitement brought about by gambling, we never care if we win or lose, but it's different if you comin in to make a profit, it's time-consuming doin git manually, you will lose then win then lose again, just to extend playing, not recommended for profit gambler.

[GreatArkansas]

How will you handle if you will lose more than 5 or 6 rolls/game?

Because for what I experienced recently, which is really a hell bloody. 51% winning chance on dice, and using Martingale style on dice game, hell yeah 9 straight lose and all my funds lost, so on my 10th roll, it is still not sure if I will win since my funds last only on the 9th roll with that kind of style.

[libert19]

Be cautious. Don't get in habit of gambling, you get nothing useful,  plus waste of time.

Wanna know best strategy? Just go all in on first bet, win or go home and move on with your life.

[davis196]

Oh my God,another post about martingale...
10 satoshis?What's the point to even bother gambling with such low amount?Do you gamble for fun?Obviously not,because you are using martingale.The only point of martingale is to fool the gamblers,making them think that their odds to win big have increased,using this stupid "strategy",while actually the odds of losing are the same with or without martingale.

[jake zyrus]

Your own version of martingale and what martingale is, is just the same. But I think the "own version" of martingale can be applied depending on how each person would use that strategy in gambling.

Btw, I agree with op that don't make a living with gambling and only gamble for entertainment and fun.

[TopT3ns]

There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

I think that is only martingale with very low bet.   I know it is work because if we lose we will take long time although with 50k satoshi as capital. But the fact is, a lot of people is aim from winning prize in bet. But for what you already done, i will just say have fun with it and hope you not get bored.  

[crwth]

It differs in how people use it; maybe you could compare how much time you use it. Like for a day, how many hours, etc. because there could be a lot of variations towards how it's going to be used (the strategy). Maybe players do this strategy because they want the idea of continuous winning, which is theoretically, Martingale Answers.

If I were to compare my experience towards yours, I wouldn't say that I'm having pleasure in watching my balance decrease. I don't know if I were to repeat it. 

[leowonderful]

If you're just using a small amount of non-essential funds and you're enjoying running your martingale strategy, I don't see anything wrong with this. I'm really not one for running strategies on casinos because you're just going to lose in the long run anyways and I'd much rather just place my own bets with my own discretion, but as long as you realize the risks associated with this strategy, this is fine.

[Bardman]

Useless, the best strategy is doing 1 rotation/sequence of the martingale, it gives you better odds than just betting all your money at once and also much faster than a normal martingale strategy or other strategies that require you to bet thousands of times for no reason.

[RealMalatesta]

I'm still looking for more variations and versions that will extend my time playing and be entertained, I now that with Martingale you will eventually lose, I accept that fact, but I am more on playing to have some fun, worse thing that can happen to me is I have funds for 20 bets but I ended with 20 losing roll, and I only spend a couple of minutes playing.

As much as possible I want to play an hour or two after a day of work and while waiting for my time to post here.

People will continue to gamble not because they believe their lifetime livelihood is based on that but because they will always like to catch fun from gambling. The number of those gambling to be entertained are quite higher than those who play for the money, so let’s just say that basically there no way a market would evolve that will make players that are being entertained stop gambling.

I personally do not see anything in the world that would stop me from gambling especially considering the entertaining aspect of the game, most times when I am down, the first thing I reach out to do is to play games and I immediately feel relieved.

[serjent05]

There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

It can lengthen your gameplay but it can also shorten it.  You can lose your fund in a matter of minutes if your unlucky. More than 16 straight losses can eat all your funds unless you really have a huge fund for it.  But, well it is rare to encounter such thing during the start of a gambling session.  So I guess it is really a good plan after all since your aim is to play longer not to win.

[pixie85]

Oh my God,another post about martingale...
10 satoshis?What's the point to even bother gambling with such low amount?Do you gamble for fun?Obviously not,because you are using martingale.The only point of martingale is to fool the gamblers,making them think that their odds to win big have increased,using this stupid "strategy",while actually the odds of losing are the same with or without martingale.

That was what I thought when I read his post. He thinks it's his version of martingale but it's not. He's starting with a very low bet which is fine because it will take a lot of losses for him to go bust but he won't win anything big.

The only point of doing it is to see how long it will last but there's more. He's not withdrawing anything. At some point he will have a bad day and loses everything he kept winning for months

[joshy23]

Something is clear about martingale, it is risky. If it is used carelessly that may burn the account. Accommodating winnings and multiplying them on games is nice but some times it might be harmful.

Reality is that you are risking your bankroll to have small profits from this strategy and if you careless and too aggressive you will burned everything, you'll be able to find it out after you don't have anything left as losing strick is unpredictable, be very careful and have a good control of your emotions to enjoy your chances and to avoid bigger loses.

[freedomgo]

That's not bad if the purpose is just to have fun as no matter how you innovate that martingale and regardless of the amount you bet, you will still loss in the end. I don't know if you can still sustain that having fun in the long run because based on my experience, I sometimes aim for fun but later on I when I got bored, I began searching for profit, so the strategy to just have fun will not anymore work for me.

Anyway, just stay discipline and always have fun, what's what you have to do to be safe.

[Malsetid]

There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

That's pretty much a conventional martingale strategy. Good for short term rolls. You'd easily lose you entire capital once your losses hit more than 7 bad rolls. Though it seems you're really just playing for the fun of it and to pass time. I don't think that would hurt, so it's probably okay. Anf the fact that you get to start the next day sometimes with a bigger bankroll is good to hear.

[Saisher]

Martingale method is explorable you can do an experiment on what works for you on a given time if your goal is to extend your time that you are going to lose your funds, I also do some variation, so it's will not become boring because of repetition, this is how you make it fun and enjoyable by exploring a lot.

[STT]

If it is used carelessly that may burn the account.

Thats the main reason not to use it but I'd venture thats a bad idea for any idea, any scheme or strategy.   Dont be in a game especially doing new things and leave open the door where you have to walk home and have no money left for food that week.    The best purpose for money is security, if theres nothing left to fall back on then the game was played wrongly and possibly rashly.  If we play games with money then its fine so long as it remains a game not a Russian roulette attempt at riches with no prior practice, its too obvious a mistake to make.   Some things are way cheaper to pay up front, laying out money to play and lose in possibility seems the best counter to many open ended risks.

[stfN2128]

There are so many different ways to use a martingale strategy, i have tried several by myself... any time, you will get on the point where you lose it all if you don't know when to stop. A lot of martingale strategies work some days / weeks. As more as you play, the odds that you get a punch in the face are increase dramatically.