Is Betting Double After Losing is Really a Good Decision?

[BITCOIN4X]

Martingale is a strategy of doubling every next bet after you lose, no matter how many times you lose. If losing
streak is too long you will lose entire balance.

On the one hand, Martingale is strategy made me feel interested in continuing to play and bet at a later stage, even though I lost. But on the other hand, I must have a lot of capital to implement this strategy, and certainly not an easy matter if we have lost 5 to 7 times in a row.

Without raising bets or odds there's no way to recover after losing, or to make profit, in gambling you need to raise bets and odds, the point is to have a luck and hit the right moment for that!

It is possible that we can increase our chances of winning and restoring balance if this strategy works well, but if not we will not get anything and that means we lose all the balance we have. Whether or not a Strategy is good I think depends on luck and the way we increase opportunities. Dice is a very interesting game for implementing the Martingale strategy. But several times I ran out of balance.

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[asu]

It depends on your playing style or strategy. Sometimes you just have to click the bet button with the guts and pray what would be the result.

Sometimes, I used a strategy of 120% increased when I loss a bet and the higher loss streaks I've got is 16. It always depends on the your strategy.

[Bezobraznike]

That is why if you lose 5 streak then luck is not with you and stop for a while if you will continue or go home and back again the next day.

   Carlisle1 I start with minimal bets, like from 1 sat to 10 sat. Losing 5 bets is just 5-50 sat's. I like to play crash game, and I like to bet
on odds higher than 3. After losing 5 times, I will rise my bet, or option two I will rise odds, I will bet couple times with 100-500 sat's or
I will try to hit over 10 odd. It's a short explanation how I do it. I can't lose a lot because I limit myself when I deposit, losing entire
deposit can't hurt me, but with my strategy I always manage to recover and sometimes I even make profit.

[South Park]

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.

If you only have a limited amount using martingale is a sure way to shorten your time to gamble, you are going to rely on luck to win in martingale and not on the strategy, but anyway it's still a game of luck, you might get it in two to three roles, who knows the most important thing is that you are enjoying it.

And this is yet another problem with martingale, if losing all your money once you have a long losing streak was not enough I am sure that martingale shortens the amount of time you could actually gamble if you just used a strategy of keeping your bet the same size regardless of what happened, which means that not only you will lose money but it will happen even faster and that is a shame especially for those that are only looking to have a good time while they gamble.

[KTChampions]

   Carlisle1 I start with minimal bets, like from 1 sat to 10 sat. Losing 5 bets is just 5-50 sat's. I like to play crash game, and I like to bet
on odds higher than 3. After losing 5 times, I will rise my bet, or option two I will rise odds, I will bet couple times with 100-500 sat's or
I will try to hit over 10 odd. It's a short explanation how I do it. I can't lose a lot because I limit myself when I deposit, losing entire
deposit can't hurt me, but with my strategy I always manage to recover and sometimes I even make profit.

I saw such a strategy on the twitch channel (you can search for this in the slots section). Micro bets with a gradual increase. The deposit amount relative to the initial bet is huge, so the loss does not happen even when playing for a month. But on the other hand, the profit regarding the deposit is practically not visible. In terms of making a profit, this is a pointless strategy, but I think it’s a good way to “safe” feel the taste of the game and excitement.

[FreebitcoinerPlus]

Look at this video (Bet HI vs Bet LO): https://www.youtube.com/watch?v=YGRUGlqni0E

This bot implements an algorithm to choose bet based on history. Numbers can be high or low, but in average, in the long term you will have the same amount of numbers higher than 5000 and numbers lower than 5000. In other words, the average of numbers that you get will tend to 5000.

This bot gives the option of choosing HI or LO depending on the previous numbers (if average is lower than 5000 it will bet HI, if average is higher than 5000 it will bet LO)