Is Betting Double After Losing is Really a Good Decision?

[kawetsriyanto]

You can use any strategy if you are lucky, martingale is good for people who are not lucky in picking bets so they want to try many times and if they'll win one bet, they'll win back all their loses, and I would say this is a bad strategy for unlucky people especially if they don't have the discipline.

Your statement is quite confusing. How can you mesh strategy and luck, they are much different! If you can win only based on the luck, it means you don't need any strategies. Regarding martingale, I don't think it is an effective strategy for betting. Some gamblers even got more losses by using that strategy. I suggest to learn it more before you conclude it is good or not to use.

[Nissan-GTR]

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.

Good thing that you realize that your chances of winning are slim thus making this strategy useless even though the chances that you will win large amount of money you are still an idiot. This kind of strategy are popularized by people who owns a gambing site or investor to rack up more profits from gullible players.

[Sanitough]

for me that's a bad decision, why? you are not controlling your emotion, remember in gambling you should not make your emotion dictates the tempo in gambling, lets say you win you just got lucky, 90% of the time you'll loose, there are other ways to bet small but the risk is slim , i suggest you try other ways, because its too risky.

That's not what it is, you can double your bet in gambling when you lose if that is your strategy, not able to control means when you are not playing anymore based on your game plan, that's clearly the right picture of "out of control".

[Debonaire217]

Good thing that you realize that your chances of winning are slim thus making this strategy useless even though the chances that you will win large amount of money you are still an idiot. This kind of strategy are popularized by people who owns a gambing site or investor to rack up more profits from gullible players.

Probably, the reason why they popularized this kind of strategy is because their gambling game's system is focused on providing wining bet after a player losses. So to make things positive on the side of the bettor, the house is implementing such system for the players to win. But if you are really pushing the idea that gambling site owner creates this strategy, then the odds of winning for the gamblers is lower than losing in a large number games. In short, it was meant to deceive gamblers to believe they can always win which is in fact, the system is programmed to make the house win in the end. Is this what your point is?

[Russlenat]

You can use any strategy if you are lucky, martingale is good for people who are not lucky in picking bets so they want to try many times and if they'll win one bet, they'll win back all their loses, and I would say this is a bad strategy for unlucky people especially if they don't have the discipline.

Your statement is quite confusing. How can you mesh strategy and luck, they are much different!

They are different because strategy is what you follow when you are gambling and you could either win if you are lucky and lose if you are not, that if you are believing that winning is based on your luck, if not, you won't consider it, just a pure strategy and wait for the result which is you will lose or win.

If you can win only based on the luck, it means you don't need any strategies.

what I'm saying is you can use any strategy and you will in if you are lucky.

Regarding martingale, I don't think it is an effective strategy for betting. Some gamblers even got more losses by using that strategy. I suggest to learn it more before you conclude it is good or not to use.

You can follow the strategy but the result varies from user, some are using it effectively while some are not.. you are saying that is not a good strategy but that is only based on your experience or opinion.

[ethereumhunter]

And as usual, luck will lead us to a result in gambling, winning or losing will greatly depend on our fate that day but that's a case where the luck factor exists, if the casino can get rid of every outside element like luck and technology, double betting after losing only gives us a single result, we will lose or be led to a bigger loss. This is also a warning to those who ask this question, luckiness will be a factor that can be arranged in gambling, since joining, we have lost control of luck and are going into a loss

That is what we will get into gambling, and no matter what is the result, we should accept it, and don't complain if we lose because we are not lucky than the other people. If you are not ready to get the loss in a big-money by betting double, you don't have to use double but use little money is enough for you. We need to control ourselves not to tempt for placing betting double because the chance is not too big while we also don't know how good our luck at that time.

[swogerino]

You can use any strategy if you are lucky, martingale is good for people who are not lucky in picking bets so they want to try many times and if they'll win one bet, they'll win back all their loses, and I would say this is a bad strategy for unlucky people especially if they don't have the discipline.

Your statement is quite confusing. How can you mesh strategy and luck, they are much different! If you can win only based on the luck, it means you don't need any strategies. Regarding martingale, I don't think it is an effective strategy for betting. Some gamblers even got more losses by using that strategy. I suggest to learn it more before you conclude it is good or not to use.

I agree the martingale strategy is old news now.Martingale can work only in theory based on the fact that you cannot lose forever and by keep doubling your bet eventually you will win double of your initial bet which is not that big of amount.However in reality we have limits in sport betting,slots and other table games so it does not work.Based on that by doubling your bet is not a good strategy at all.

[blockman]

10 sat doubling is not a bad idea ,but 100 sat to 200 sat is abused if you have limited budget.

This amount is acceptable. If you double 10 -20- 40- 80 up to 100, that's still an acceptable amount. Just look how much you have and weigh how much huge and small to you.
We're talking about satoshis here and they aren't that much if the figure is even lower and doubling it wouldn't matter to you.

Analyze and observe your behaviors, if you are getting aggressive it's means that you are prone to lose bigger amount of money. There's always a good practice in checking how capable you are with this strategy and how good you are managing your fund.
Martingale type of strategy can be good if you are lucky but if you are not expect much damage to your money.

The control of your emotions is given and must be taken into consideration. But as long as the amount still fits your style of betting means that it wouldn't hurt you that much.
The chance of repeating your bets when you lose is high even if you double the bets or not. Martingale for huge amounts, I won't use it because I know my capacity.

[joshy23]

for me that's a bad decision, why? you are not controlling your emotion, remember in gambling you should not make your emotion dictates the tempo in gambling, lets say you win you just got lucky, 90% of the time you'll loose, there are other ways to bet small but the risk is slim , i suggest you try other ways, because its too risky.

In gambling, emotions really ruined your game. Each time you deal with your bet and suddenly you use this kind of strategy then losing streak followed up with you it will surely bust your funds. Make sure to analyze and know how to deal with any adjustments to take. If you seen that your strategy is not working quit pushing and changed up or quit for the day to avoid losing big.

[KTChampions]

How are sports bets fundamentally different from casino bets? Martingale is bad both here and there. In sports quite often there are win-win or series without wins, even for teams from which it was difficult to expect. And there is an additional unpleasant moment: there is always a break between sporting events, so the money that you invested in the Martingale strategy leaves you for long periods of time.

Because it's easier to make terrible calls on sportsbetting if you don't know what you're doing oppose to a defined probability of winning. If you're playing roulette, betting on red each time has a predictable outcome and you can calculate the chance of losing n times in a row. You can do the same thing with sports betting, but again, sports betting can also involve terrible calls because it isn't inherently about pure luck. Most of the times it is, but again, the point is about maintaining well defined odds and a game like roulette gives that to you easier than sports betting.

Terrible events also happen in roulette (in terms of surprise) - for example, red drops 30 times in a row. Fundamentally, this does not change anything - at a distance such events dissolve into more "logical" results. The same thing happens in betting - the more bets the less the influence of some "unusual" events on the overall result.

[Stedsm]

Martingale had never been a good strategy for those who don't even know that they're walking on a burnt coal by using this strategy in their dice gambling. This needs to be very safely done and with only small amounts that you can afford to lose because big values from the beginning may cause you huge losses. The fact that I'm saying this is because, there's no guarantee that you'll even win if a losing streak takes place (maybe the website is rigged or not provably fair or something is programmed in such a manner that once you reach n amount of profits, it'll start ripping you off badly), the streak may cause you to lose for around 15-20 times in a row and it may even eat your entire deposit without you even see it being stumbled already as you just get addicted to that "Roll" button.

[seleme]

How are sports bets fundamentally different from casino bets? Martingale is bad both here and there. In sports quite often there are win-win or series without wins, even for teams from which it was difficult to expect. And there is an additional unpleasant moment: there is always a break between sporting events, so the money that you invested in the Martingale strategy leaves you for long periods of time.

Because it's easier to make terrible calls on sportsbetting if you don't know what you're doing oppose to a defined probability of winning. If you're playing roulette, betting on red each time has a predictable outcome and you can calculate the chance of losing n times in a row. You can do the same thing with sports betting, but again, sports betting can also involve terrible calls because it isn't inherently about pure luck. Most of the times it is, but again, the point is about maintaining well defined odds and a game like roulette gives that to you easier than sports betting.

Terrible events also happen in roulette (in terms of surprise) - for example, red drops 30 times in a row. Fundamentally, this does not change anything - at a distance such events dissolve into more "logical" results. The same thing happens in betting - the more bets the less the influence of some "unusual" events on the overall result.

The loss sequence can go forever while the possibility of this event is under 0.0000001%. An unlimited bankroll is needed for covering the next bet after each loss, the dusted balance is inevitable, in this case. Btw, there is a table limit and VIP French roulette has the $50000 bet limit, IIRC.

[Stedsm]

The loss sequence can go forever while the possibility of this event is under 0.0000001%. An unlimited bankroll is needed for covering the next bet after each loss, the dusted balance is inevitable, in this case. Btw, there is a table limit and VIP French roulette has the $50000 bet limit, IIRC.

And the worst of all, you will only win the "first bet" amount no matter how many times you double your bets (except in cases where your odds are over 2.5x or more per bet). But people mostly use martingale with a 2x as they have got fear of losing their bankroll completely if they go for higher odds and if their luck doesn't favor them. Even if you have what it takes, i.e.; the bankroll we are talking about, still if that highest amount per bet cap is reached, then you'll start losing more than the possibility of gaining (though that happens very, very rarely).

[michellee]

I don't think it is a good decision, I have been caught doing such things many times, you can't win a single match if you play with anger anxiety. This further increases the risk of losing. When I lose, I just stop playing, I try to find my lacking and set up my mind for next day. It is working for me, anyone can try.

Yes, stop playing for a while will give us time to take a deep breath and analyze what's wrong with ourselves. Maybe that is a good step to avoid another loss, and we can safe the money to be used in another day. But betting double will not recommend, especially if you already play for some rounds because that can make you get big to lose in one round. Besides that, you can prevent the addiction that can come to you anytime.

[inanilujimi]

not good to do repeatedly, there is a greater risk waiting if you fail to get a win, even though his intention to cut back can backfire and spend your own funds, my advice do not do this strategy.

[onrise]

for me that's a bad decision, why? you are not controlling your emotion, remember in gambling you should not make your emotion dictates the tempo in gambling, lets say you win you just got lucky, 90% of the time you'll loose, there are other ways to bet small but the risk is slim , i suggest you try other ways, because its too risky.

In gambling, emotions really ruined your game. Each time you deal with your bet and suddenly you use this kind of strategy then losing streak followed up with you it will surely bust your funds. Make sure to analyze and know how to deal with any adjustments to take. If you seen that your strategy is not working quit pushing and changed up or quit for the day to avoid losing big.

Gambling is not for everyone and for those who cannot control their emotions or does not have self-discipline it would be worst for this people once they start gambling as they would like to continue it for longer time and if they just want to make money then higher chances that they may end up losing lot of money along with some side effects like bad relationship, adverse effect on health etc. Doubling is another bad thing that could happen if you do it and lose that money also. People actually take loan to gamble which is the worst decision as per me.

[rodskee]

If you have money to bet?why not do that because it is your decision and desire
for what to do in your gambling activities of course.
I have tried that kind several time because i have no time to spend when i am
in gambling place so the faster i bet the faster
 my luck will decide.but of course with limitation as i only Bet from 10-30$ each
time i play in it happens only once or twice a week if not busy.

[Ucy]

You can use any strategy if you are lucky, martingale is good for people who are not lucky in picking bets so they want to try many times and if they'll win one bet, they'll win back all their loses, and I would say this is a bad strategy for unlucky people especially if they don't have the discipline.

Your statement is quite confusing. How can you mesh strategy and luck, they are much different! If you can win only based on the luck, it means you don't need any strategies. Regarding martingale, I don't think it is an effective strategy for betting. Some gamblers even got more losses by using that strategy. I suggest to learn it more before you conclude it is good or not to use.

Meaning most win or have small losses(referring to the bolded part)?
Well, I guess it's called a strategy because it's probably not really based on luck. Maybe few can become successful with the strategy by learning or practicing it. Could be somewhat skill-based strategy? I guess those who are consistently successful in the strategy or are at least earning a living from it, can confirm here.

[Questat]

but of course with limitation as i only Bet from 10-30$ each
time i play in it happens only once or twice a week if not busy.

With your limit, you can't use martingale on it, maybe you can double when you lose but when you lose again, that would be costly to you if you will still double. So sticking with flat betting, I guess that's the best strategy if you only have a limited amount to gamble.

[3meek]

It seems to me that doubling a bet is not a good decision after losing, which can lead to even bigger losses! Especially when your budget is limited to a certain amount of money, you need to clearly follow the rules of money management! Otherwise, an attempt to win back and increased risk can lead to a loss of your deposit!