Is Betting Double After Losing is Really a Good Decision?

[stadus]

also in my opinion the martingale strategy does not work in the long term on the contrary, it is harmful for one's finances, encouraging the player to continue playing with the false hope of being able to recover any losses...

If this is applied on games where there is a house edge.

Actually you can apply martingale in sports betting and it could be an effective strategy but you need to be smart in using it and do it with the right timing.
Blindly using it, that will cause you a lot of money every time you lose, you are risking more just to win a certain amount of your target.

As a gambler, I have tried different strategy including martingale strategy but I would not say it's a bad strategy in overall.

[EdenHazard]

Ahahahahaa nice diction you've got there OP. A betting double 😂

Betting double after losing is ok if you play x2, x3, x4 odd! If you play lower odds betting double is nothing, you need to rise your bets much higher. Gambling is not for people with weak heart, sometimes you really need to play brave and aggressive, it's the only way to win back what you lost and make some profit (if you are lucky). If you can't play aggressive and be brave in some moments to risk everything you have you will go down all the time, little ups, but in long run your amount will melt down to 0!

Couldn't agree more with you.
The house edge is haunting those people with tons of insecurity , the more you play it safe the more susceptible you are.

Do the YOLO principle all the time but doesn't mean you have to bet allin,  think that you don't need this money I'll just throw it away at higher multiplier!
It works mate to bring you an unexpected result instead hoping for a winning behind the martingale system that proven has been made a lot of people broke.
It's too mainstream doing that these days.

[Sanitough]

As a gambler, I have tried different strategy including martingale strategy but I would not say it's a bad strategy in overall.

As for me, of all the strategy in gambling, this is the strategy that I am not using of the time.

I'd rather stick with flat betting in sports because this would tell my real capacity, because if I am good in picking winners, I'll sure be profitable in the end.
I don't need to win everyday because I'm doing the impossible if I'll think of that, but winning most of the time is what I like to achieve.

[swogerino]

Doubling after a lost bet sounds a lot like Martingale which is proven to not work in long term and it works with extreme difficulty in the few cases it works for only a really short amount of time.It is more luck rather than a strategy.

[JoMarrah Iarim Dan]

Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.

If you won then that will be a good strategy, if not then sorry. We are not sure how lucky we are on our next bet. Yes I understand that is one of the way to easily get back what you have lose but it is still risky. Maybe if you still afford that kind of amount go for it or your motto is kinda "You only live once" but if not then don't. At least you're ready to what will happened next. Tomorrow is another day.

[Zeke_23]

Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.

Of course, it has a huge impact on where your funds will automatically deduct twice as you normally bet. If you win then it is a good decision, but I doubt that every time you double your bet after you lose will make you win. In the long run, this might be the cause for you to lose more money than you have imagined.

[jrrsparkles]

It is really a brave decision but we can't say that is good decision, the smart ones may cut into half for the next bets so if they win they will get half of their losses or even completely with good mlutiplier.But don't really bet after bet to recover the losses from previous bets that is the first step towards addiction.

[matchi2011]

It is really a brave decision but we can't say that is good decision, the smart ones may cut into half for the next bets so if they win they will get half of their losses or even completely with good mlutiplier.But don't really bet after bet to recover the losses from previous bets that is the first step towards addiction.

Big chance of losing more when you keep doubling your bets or you pushing yourself forward, with this kind of gambling where luck really control everything and strategy is not reliable, choosing to enjoy instead of trying to win big or recover your losses in a much quicker ways is much better.
Make sure about how to wisely manage your emotions controlling your bankroll it's your money that in stake so better to know how to adjust in appropriate way.

[Naida_BR]

also in my opinion the martingale strategy does not work in the long term on the contrary, it is harmful for one's finances, encouraging the player to continue playing with the false hope of being able to recover any losses...

If this is applied on games where there is a house edge.

Actually you can apply martingale in sports betting and it could be an effective strategy but you need to be smart in using it and do it with the right timing.
Blindly using it, that will cause you a lot of money every time you lose, you are risking more just to win a certain amount of your target.

As a gambler, I have tried different strategy including martingale strategy but I would not say it's a bad strategy in overall.

In sport betting it is even worse...
You need a lot of capital in order to survive the losses from martingale in sports betting.
In other games such as dice you can recover your losses a lot of faster than in sports and you can be more profitable in the end.

[KTChampions]

Funny topic for 2020  
From the point of view of mathematics, this issue has already been solved a long time ago and I do not know what can be seriously discussed here.
Fun fact: my red/black record is about 40 bets in a row on red. It is easy to calculate how much money you need to make another double bet on 41 moves.

[bitbunnny]

Doubling after a lost bet sounds a lot like Martingale which is proven to not work in long term and it works with extreme difficulty in the few cases it works for only a really short amount of time.It is more luck rather than a strategy.

Exactly, it has nothing to do with strategy, it's matter of pure luck. And that doesn't work all the time. After loss many gamblers try to cover that as soon as possible but very often that leads even deeper into losses and could become a closed circle so to my opinion it's not a good idea.

[pixie85]

Doubling after a lost bet sounds a lot like Martingale which is proven to not work in long term and it works with extreme difficulty in the few cases it works for only a really short amount of time.It is more luck rather than a strategy.

It can work in certain situations like when you start your bets low and have a lot of money to play with. Most martingale gamblers don't get broke on their first run.

Usually they keep playing and playing until they get owned but those small wins from each run just make them want more becauuse even when they win they don't win enough.

Martingale strategy is bad because it never ends up satisfying you. You'll keep playing for hours and still have only a little more.

[Oilacris]

Doubling after a lost bet sounds a lot like Martingale which is proven to not work in long term and it works with extreme difficulty in the few cases it works for only a really short amount of time.It is more luck rather than a strategy.

It can work in certain situations like when you start your bets low and have a lot of money to play with. Most martingale gamblers don't get broke on their first run.

Usually they keep playing and playing until they get owned but those small wins from each run just make them want more becauuse even when they win they don't win enough.

Martingale strategy is bad because it never ends up satisfying you. You'll keep playing for hours and still have only a little more.

Its even used up to now and also automated betting using up martingale isnt something new even playing on roulettes or even on a crash game.
This kind of strategy is been used since we know that the next win will surely be a profit but we all know that the one issue with this one is that
when you experience losing streak then its the end game for you unless if your balance did able to hold up those reds.If not then
you should call it a day or even learn from it that no strategy could work on longer run.

[kawetsriyanto]

Exactly, it has nothing to do with strategy, it's matter of pure luck. And that doesn't work all the time. After loss many gamblers try to cover that as soon as possible but very often that leads even deeper into losses

I agree that it is all about luck. That is why I am confused to see some people still debating about a proper strategy on it.
It is true, people bet doubled after the first losing mostly to overcome their losses but they don't think that it must lead to more losses. I think an experienced gambler should know about it, betting doubled will result in the same thing, "more losses". So, if we still care about our money and family, thinking deeply before doing that bad way!

[Ucy]

To me, betting double after losing is a sign of desperation from the losers aspect.
And this is an attitude very conversant with a near addict of gambling.

We need to always maintain our calmness, either in profits or in loss.

That could be in most cases as when you double and you still lose again, you might think of doubling again until you will wipe out your entire bankroll and that is very frustrating. but for some, they know how to use this strategy so they are successful, but still not advisable for newbie as mostly their emotion is what they use instead of making a strategy to make it work.

Are there really people who are successful or consistently profitable with the strategy? I have probably seen few members who said they are successful with it... whether it's true or not I don't know. I guess it's a few time successes rather than being successful consistently?

[plvbob0070]

To me, betting double after losing is a sign of desperation from the losers aspect.
And this is an attitude very conversant with a near addict of gambling.

We need to always maintain our calmness, either in profits or in loss.

That could be in most cases as when you double and you still lose again, you might think of doubling again until you will wipe out your entire bankroll and that is very frustrating. but for some, they know how to use this strategy so they are successful, but still not advisable for newbie as mostly their emotion is what they use instead of making a strategy to make it work.

Are there really people who are successful or consistently profitable with the strategy? I have probably seen few members who said they are successful with it... whether it's true or not I don't know. I guess it's a few time successes rather than being successful consistently?

This strategy won't work for everyone and it won't also work for a long time. If others might have been successful in using this strategy, I bet it's only for a short time. There's really no assurance that betting double after losing will make you win back what you lost. Perhaps those who used this strategy won by using it only in a limited time.

It's not only the newbies, even those who have been gambling for a long time, some still end up losing after doing this strategy. I think it's a matter of logical thinking and luck. If others were able to win using this strategy, it's good for them. But it does not mean, everyone should also do it because it does not work like that.

[hahay]

Exactly, it has nothing to do with strategy, it's matter of pure luck. And that doesn't work all the time. After loss many gamblers try to cover that as soon as possible but very often that leads even deeper into losses

I agree that it is all about luck. That is why I am confused to see some people still debating about a proper strategy on it.
It is true, people bet doubled after the first losing mostly to overcome their losses but they don't think that it must lead to more losses. I think an experienced gambler should know about it, betting doubled will result in the same thing, "more losses". So, if we still care about our money and family, thinking deeply before doing that bad way!

I don't think everyone experiences the same thing because even you realize this is about pure luck. Well, when someone has a large capital or enough to continue doubling bets until finally the luck can be obtained, then this strategy is still very possible for you to make a profit in gambling. I only believe in experienced gamblers at least they are aware of such things so that it is very possible they realize the right time to make a roll and once again, I believe such a strategy would be good if done with experience and the complete experience with luck would be better.

[South Park]

Doubling your bet after losing is not a strategy that should be used by anyone,

Without limitation, this is a stupid strategy as you can only win if you have infinite money which is impossible.

Martingale method is also working sometimes but with proper planning, and do it with games that you'll be able to use your skills, not in games like dice as every roll you don't get any advantage even if you change the winning rate to the highest.

The casinos are very aware of the martingale strategy so even if you had an unlimited amount of money this is not going to work as they have set limits for how much you can bet and when you go over that limit with the martingale system then that means any chance you had to recover your money in a single bet is gone, also even if you had an edge the martingale system will not work and that has been demonstrated over and over again as well, so no matter the circumstances it is a mistake to use martingale regardless of any other factor.

[Bezobraznike]

   You can bet double after you lose, or you can bet the same but on double odd! Why to force martingale when it's
not working, anyone can see that in many comments here. If it's not working on odd you wish to win, bet on higher
odds and you can win your money back.
   I do that in sports betting. After few loses on the same team I bet on them but I find some higher odds, maybe more
goals, or double win, there is some higher odd, but I don't risk more money, it's not in my interest!

[seleme]

   You can bet double after you lose, or you can bet the same but on double odd! Why to force martingale when it's
not working, anyone can see that in many comments here. If it's not working on odd you wish to win, bet on higher
odds and you can win your money back.
   I do that in sports betting. After few loses on the same team I bet on them but I find some higher odds, maybe more
goals, or double win, there is some higher odd, but I don't risk more money, it's not in my interest!

For making it simple, you just increase the odd instead of the bet amount. The winning probability of the high odd is very low, especially in sports betting, in this case the gambler digs a deep grave without the backdoor. It is not the same for martingale strategy applied money management, the chance will stay the same and the end balance will cover the loss after the first winning bet.