Is Betting Double After Losing is Really a Good Decision?

[Polar91]

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

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.

It's effective if the proportion of your initial amount per bet is too small compare to your capital. It's too risky to do that with automated bet because the house edge can make you zero within just minutes and for sure it's too difficult to stop as the machine places bets than the speed of your thinking wethere what decision you should take place. I myself is using martingale strategy but I don't stick with thus house edge can't predict what I'm thinking of.

[Ailmand]

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

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.

It's effective if the proportion of your initial amount per bet is too small compare to your capital. It's too risky to do that with automated bet because the house edge can make you zero within just minutes and for sure it's too difficult to stop as the machine places bets than the speed of your thinking wethere what decision you should take place. I myself is using martingale strategy but I don't stick with thus house edge can't predict what I'm thinking of.

The longer you use martingale the less effective it become. I only use it for a few rounds and stops when I win. If I continue losing I stop. I tried doing it with small amount and continuosly  lost until my balance went down to zero. It is still best to either combine different strategies or stick to your own gameplan.

[TalkStar]

we aren't really going to win right after, because there is still a possibility of losing once again.

There is always possibility of losing and expecting continuous win is clearly a day dream. Some people could suggest you to ride fast with your good luck but you can lose all your winning money just in one bet too. As far as i know professional gamblers don't like the idea to put all their money in a single bet or not hardly depends on luck rather then own strategies.

A big number of early gamblers who are new on gambling lose entire fund due to following the way of being a millionaire overnight. I am damn sure that gambling platform owners love to get this kinda over ambitious gambler on their platform regularly.

[BlackFor3st]

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

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.

I have this kind of strategy but it is a little bit different from what you have posted. This is the strategy that I read and this apply only to those gamblers who have good amount of money.

They will bet 1x and once the lost they will bet again 2.2x and once they lost again they will bet again 6.6x and so on but if they will win they will roll back to 1x again. The profit is not that big but if you will continue to gamble like this, you can surely profit as long as you have good amount of money as your capital. The idea of this strategy is to bet your loses with additional bet as your profit, then roll back to the lowest bet once you will win.

[pakhitheboss]

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

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.

It's effective if the proportion of your initial amount per bet is too small compare to your capital. It's too risky to do that with automated bet because the house edge can make you zero within just minutes and for sure it's too difficult to stop as the machine places bets than the speed of your thinking wethere what decision you should take place. I myself is using martingale strategy but I don't stick with thus house edge can't predict what I'm thinking of.

The longer you use martingale the less effective it become. I only use it for a few rounds and stops when I win. If I continue losing I stop. I tried doing it with small amount and continuosly  lost until my balance went down to zero. It is still best to either combine different strategies or stick to your own gameplan.

No one can crack the system, you can try all those tricks but in the end you always lose. I have also tried it in many occasions it does start with positive outcome and as the game progresses it goes against you. It only works for short duration and not for long streak.

[rhomelmabini]

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

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.

Might be or might be not but at least don't try it with great risks because it will deplete your balance in no time if you do it consecutively, a micro bet can be applied in this strategy, not the high-risk bets. Auto-bet isn't an option too.

[Ailurophile]

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

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.

The concept makes sense, you will get back all your loss after a win but what if bad luck strikes you? This is very risky, if you continue to lose(this will happen), you will eventually run out of money. I think you can use it for short term, not until you lose all your money. And what if you reach the table limit? It's dangerous.

The longest lose strike that I have experiences is 8 it was back in my newbie days.
I could say that experience is really the best teacher because of that incident I found out that this kind of strategy always have a limit and we couldn't use them for so long.
And about OP's suggestion it would really be a huge risk just imagine how much your bet would be when you have a win strike then at the end you would lose the result would only be the same.

[AniviaBtc]

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

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.

It's a really bad decision, and it will indeed have a huge impact on one's funds, just not the good kind of impact. The problem with martingale is that common sense seems to say it's a smart strategy, but the probability theory is not exactly common-sense, so one ends up losing. What makes it especially dangerous is how fast the bet amount becomes huge, and each time after a loss a person basically chooses to lose way more in a mere hope of winning at some point. Doubling the win bets is not great because if you one this bet, it doesn't mean you won't lose the next one. Stay away from martingale or experiment with an extremely small amount of money.

It is too risky and should not be tolerated in gambling because in just a snap of a finger, you can probably lose another amount of money and it is doubled. Always remember that the percentage of gambling never exceed about 50% so the probability of you winning is only 1/2. If you will just bet twice the money that you've loss, and you still lose again, imagine the amount of money you've wasted. After losing in gambling, try to rest and stop because it will make you have peace of mind and move on. But if you still practice being greedy, that will result to another huge loss. As much as possible, practice your self-discipline to prevent any stress and depression to affect your mind and body. Do not double your bet, it is not always applicable to gambling. For me, I think that this Martingale Strategy is applicable in our job, we need to make a double or an extra effort in order to be promoted or have some reward.

[sunsilk]

I saw many stories that have been shared about this strategy and most of them said that it's not lasting long. Meaning, that this isn't a good strategy after all but if you are winning during the time upon using it.

Your call and choice to continue but don't be surprised if you get to lose after all of those winning streak. If this has been so effective, many stories will be shared here that they've became rich because of this strategy.

[Ucy]

Do not be greedy if you already win and then double your bet or vice versa, still we have to do a good strategy in playing dice bets can be changed a little I think it's not a long problem also in returning from defeat it's important you don't lose all the money because it's risky if you are not lucky.
I won't double the bet when I lose because it's a big risk for me but I will change the bet a bit maybe winning a little is not a problem as long as my funds go back to play the dice and get a profit.

Must control your emotions in playing gambling dice.

 

important you don't lose all the money because it's risky if you are not lucky.

Simply put, it's all about luck, right? If that is the case, it means it is not really a strategy... rather the users/players are depending on luck (or probability). If the strategy really works for some here, guess they can prove it to us on fool-proof betting platforms. I guess that will settle the "debate" once and for all

[joshy23]

I saw many stories that have been shared about this strategy and most of them said that it's not lasting long. Meaning, that this isn't a good strategy after all but if you are winning during the time upon using it.

Your call and choice to continue but don't be surprised if you get to lose after all of those winning streak. If this has been so effective, many stories will be shared here that they've became rich because of this strategy.

It's a simple martingale strategy that most of the time will lead you to lose your money. Keep doubling will not guarantee that the next results will favor you it will only add more risk from your bankroll.
Be responsible and try playing without any emotions and that adds positivity and not to allow you being aggressive.

[stadus]

It's good if you know your timing, but if you are just doubling your bet because you want to win back your loses every time, that's a bad idea and in overall martingale strategy is really not working especially on games with house edge.

In sports betting, I sometimes double my bet when I lose in my first bet, but I feel it does not help me because its very frustrating when you lose your bet, and you might lose your control also and will forget to strictly follow the bankroll management.

For me, fix percentage of the total bankroll is still advisable.

[CryptopreneurBrainboss]

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.

It definitely does either positively (when you win) or negatively (when you lose). Leveraging on the strategy of doubling you're bet is quite profitable only when you're capable of winning the placed bet. In cases where you lose, you lose double of what you would had initially lost which might affect your gambling budget as a result tempting you to dig into other funds that was not intended for gambling just to try win back you lost fund and if care isn't taken, it'll cost you all available funds.

I won't advice you double your bet especially if you just lost your previous bet, you might think you're doing the right thing but that's just your emotions making you act foolishly since there's no guarantee you'll win the bet you just placed.

[jademaxsuy]

Many gamblers have used different strategies but never found any gamblers that proudly say that he/she won by using such strategy. The answer will be NO it's not a good decision even if it is a strategy that you have used tried that many times and always back to 0 balance as what I experienced.

[$crypto$]

I saw many stories that have been shared about this strategy and most of them said that it's not lasting long. Meaning, that this isn't a good strategy after all but if you are winning during the time upon using it.

Your call and choice to continue but don't be surprised if you get to lose after all of those winning streak. If this has been so effective, many stories will be shared here that they've became rich because of this strategy.

Experience must be there in that strategy where we lose it will increase the bet to double because they want to see victory back in that but for me doing that is very high risk of losing it in the double bet.

But I would not do such a thing for me to do a double bet would only be an emotion for us when we experience defeat I am sure the strategy is still good to be used at once.

[Pmalek]

Betting double doesn't guarantee you will win. In theory you can flip a coin 10 times and bet on the wrong side every time. So even with a 50/50 chance there is no such thing as a safe bet. And there is always a house edge that will get to you sooner or later.   

[Sanitough]

TBH, this is the strategy that I was very interested in when I was still a newbie, but when I matured, after I experience a lot of loses, I realize that this will only makes us lose more since if we lose control, it could kill our bankroll.

I am not using this method anymore, not even in dice as this will only shorten our time when enjoying in gambling.
I call this the strategy of the greedy gamblers. 

[LogitechMouse]

Martingale strategy huh . Its a no no for me

I did this already but I used a small amount only just for experimental purposes. In the start, it is working good but bad luck has struck me. After winning consecutive times, I also experienced losing consecutive times too until all of my money has gone. There are no strategies for me in gambling unless you are in a poker games where you know when you can fold or call and that is a strategy I think but using a strategy like this and just expecting that luck will go to your side, I don't think so.

Now regarding to your question, doubling your bet after losing doesn't change your chances of winning but your lose may increase so this is a bad decision .

[aioc]

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

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.

Martingale is very popular among gamblers any gamblers can play it, but beating the house using a martingale is not that easy, you need to have a huge fund if you are going to chase your losses, I've sometimes used it and always find out that I am one or two rolls away to regain my losses problem is I cannot keep up because I don't have large funds to use for chasing.

[Wexnident]

No. But that doesn't mean you can use it. To be perfectly honest, the only good decision in gambling is not to play or participate in gambling sessions. I like using the martingale strategy cause it makes my brain believe that there's logic in what I'm doing when in all honesty, it's all just based on luck. Though that belief often gets crushed after losing twice or thrice my original bet. It's quite logical if you think of it, but in its purest sense, luck isn't something that was supposed to be logical, it was supposed to be filled with illogical stuff and the like. Though experience is a factor, it's more like the gut and something like that.