Is Betting Double After Losing is Really a Good Decision?

[peter0425]

No its not for me mate,i would rather Bet smaller amount to look for my luck first than doubling it for me to lose again.
and most of those chasing losses?they are the one who loses more than other gambler.

I'm also a little doubt that even if the odds are 50%, we won't necessarily win in the next round, so it's not certain to win, I've already applied it and I lost, I'll try it on casino real.
but if online gambling I doubt it, because the system might not be fair.
Or you need lot capital to recover if you have more than 5x lose.

because it is still LUCk hat will make us win and not the percentage Given by the gambling sites lol.

[stadus]

No, it is just a sign of a gambler that have lost proper decision making because, it is not always what we expects that would happen. Sometimes, it is better to play safe because, not all times we win, there are times that we lose and times that its our luck day. We should alwayd consider what would happen after we bet on to something.

Whatever you do is just part of your strategy, whether you double after a lose, as long as you stick with it and you carefully plan then I think you are not risking yourself of getting out of control, doubling after a lose sounds really bad, but there are people who are successful in doing that, and everyone of us has our liberty in choosing our own strategy to WIN.

[btc_angela]

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.

I will say that I have try this strategy before, but let me tell you something that it will not always end in your favour.

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, martingale system is design for those who have huge capital to begin with. If you don't have capital, then don't try it to recoup your loses, because your money can be swept very quick. You really have to be mentally tough using this kind of system.

[plvbob0070]

I'm not sure if your question still makes sense because you've answered it already based on your experience. There's no strategy that would work in gambling for a long time because if there is one, everyone should be using that same strategy. If martingale worked before, it does not mean that it will work every time for everyone.

You can't stick to a single strategy every time you are gambling, because there is no assurance that it will always work. For me, there is no permanent strategy in gambling. You can try doing it if you want, but only for the short term. You will end up losing everything. I think it's still on your luck.

[Lakai01]

You can't stick to a single strategy every time you are gambling, because there is no assurance that it will always work. For me, there is no permanent strategy in gambling. You can try doing it if you want, but only for the short term. You will end up losing everything. I think it's still on your luck.

Of course there is no strategy that works in the long run, otherwise casinos would be bankrupt immediately. This is exactly why there is the so-called "House Edge". Casinos simply have a few percent higher chance of winning (that's why there is also the green 0 in roulette, for example). The "house edge" is usually very small, for example 1%. But that is enough to make a profit statistically over a longer period of time.

[shoreno]

i dont consider it martingale when you only do it for once like when you redepo and all in that depo in the hopes of recovering your loss and  winning some but for me i can only consider it martingale if im going to auto bet with increase on loss on the settings.

when i play dice my game is martingale and for me its better than playing manuals or on playing a non martingale strategy but still loss are unavoidable on most days .  chasing losses is bad but that is the reality that happens most on gambling

[Betwrong]

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.

My very first 100k satoshis were won this way. I claimed faucet on a dice site, which was around 1k sats at the time, went all-in on 50% win chance, and then was repeating the process until I reached 100k sats, the minimum withdrawal amount.

But, of course, it was pure luck. There are no winning strategies for games like roulette and dice. That's not to say that we shouldn't play with various strategies, martingale and reverse martingale included. If it's fun, why not? Just make sure you are not risking more money than you can afford to lose.

[Baby Dragon]

I'm not sure if your question still makes sense because you've answered it already based on your experience. There's no strategy that would work in gambling for a long time because if there is one, everyone should be using that same strategy. If martingale worked before, it does not mean that it will work every time for everyone.

You can't stick to a single strategy every time you are gambling, because there is no assurance that it will always work. For me, there is no permanent strategy in gambling. You can try doing it if you want, but only for the short term. You will end up losing everything. I think it's still on your luck.

It is definitely a high risk, especially that it won't you give any guarantee of the outcomes and you can't expect that you'll always win. In that strategy, there's a possibility that you'll recover your losses, but you don't know the possibilities and there's a chance that you'll just end up regretting your choices. It's great that it works, but gambling doesn't work that way. It's the reason why people keeps on improving their strategies because they are aware that it won't always perform well.

[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.

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.

Someone who has a large pool of his bankroll can do this and before doing that, he has to make sure that he's aware of the consequence if ever his plan of doing this strategy didn't work for him.

A lot of testimonials were said that this isn't ideal for everybody and that's what the majority said. Might work for some but I barely see people saying that and if not barely, it is rare to see them talk about this strategy.

[RapTarX]

It requires huge sum of money because there's no guarantee that you will win after some loss. If you win 10 times at a row, imagine how much you are going to lose. I have tried this method but can't say it was very effective method, however, it will only work if you have a big bag of fund in your account. Otherwise, you won't have enough to continue your bet.
It's better if you don't follow this strategy if you are playing with a limited fund.

[Mumbeeptind1963]

I'm not sure if your question still makes sense because you've answered it already based on your experience. There's no strategy that would work in gambling for a long time because if there is one, everyone should be using that same strategy. If martingale worked before, it does not mean that it will work every time for everyone.

You can't stick to a single strategy every time you are gambling, because there is no assurance that it will always work. For me, there is no permanent strategy in gambling. You can try doing it if you want, but only for the short term. You will end up losing everything. I think it's still on your luck.

I suggest that, it is better to have a secondary strategy, also doubled the betting amount is not practical for me, because in gambling there is no assurance that you will be winning all of the odds or there is no certainty on it, so do not put all your egg in one basket. Making a double bet because of losing is not recommended and not good, it can only frustrates you when you lose again and make you addictive to win as well.

[crwth]

This is a repeating discussion, just rephrased. Like everything else, it's good to know the risk before coming into the game itself. If you know what you are risking for, then you know how much you could lose. If you agree on yourself, if you are willing to lose that total amount of capital that you have, then might as well use that strategy. If not, just don't do it. Read everything about Martingale Strategy.

[Tipstar]

Not a good one as your bet would keep on doubling and soon would hit your bankroll. A better strategy would be to gradually increase your bet on loss and gradually decrease on win. This way you'd proof your strategy from a long loss streak but it would be prone to a set of loses followed by a single win in between for quite a time.

[joeperry]

In my experience I'm doing that when I manually rolling the dice there are times that I double my bet after a win and win a roll and it hyped me and sometimes when I win a decent amount I double it to see if I'm lucky.

There are some times that it sweeps my gaming fund so I think it is not a good decision since there's still a chance of losing even though your chance of winning is high and sometimes it will come when you don't want it to come.

[White Christmas]

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.

Yes maybe it is a good strategy. Remember on the past round you have been lose so meaning there are a chance that on the next round if you double your bet you have the chance to win high so it is more great than the others. And also you will be able to recover your loss on the past rounds, but if you are unlucky then probably it is hard because it may triple your loss when you do this thing.

[alexsandria]

It is somehow bad nor good decisions but it always depends on the situation that you will be able to do just like for example it is bad if you lose because it may brings you a lot of loses so it would be better if you will just bet on the same betting and if you got hotter then it will be the perfect time to double your bets.

[Genemind]

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.

As for me, it's a good strategy yet it has a bigger risk of losing your funds at the same time. There's no guarantee that you will win higher when you double your bets after losing. Everything revolves around your luck in gambling so there's no specific strategy that could give you an assurance of gaining something after when you bet higher. If you're brave enough to take the risk, be sure that you'll afford to lose the funds that you will be betting.

[matchi2011]

It is somehow bad nor good decisions but it always depends on the situation that you will be able to do just like for example it is bad if you lose because it may brings you a lot of loses so it would be better if you will just bet on the same betting and if you got hotter then it will be the perfect time to double your bets.

Dealing with this kind of attitude is really tough, risky gamblers are willing to take it and try if lucks will permits them.
The problem with this kind of strategy is when you already out of fund to sustained the need of your bets.
It's up to your balance and your willingness to push your luck.

[Hypnosis00]

It is somehow bad nor good decisions but it always depends on the situation that you will be able to do just like for example it is bad if you lose because it may brings you a lot of loses so it would be better if you will just bet on the same betting and if you got hotter then it will be the perfect time to double your bets.

Dealing with this kind of attitude is really tough, risky gamblers are willing to take it and try if lucks will permits them.
The problem with this kind of strategy is when you already out of fund to sustained the need of your bets.
It's up to your balance and your willingness to push your luck.

It is really a tough decision even though you have a lot of funds backing you up. Martingale strategy will just only cost you to either double your losses if you don't have luck and beating you badly. May desperate people would try to have their chances by using this one sometimes it works but mostly they suffered losses. That is why this is not really a good idea and I don't want to use this one either.

[ralle14]

Not a good one as your bet would keep on doubling and soon would hit your bankroll. A better strategy would be to gradually increase your bet on loss and gradually decrease on win. This way you'd proof your strategy from a long loss streak but it would be prone to a set of loses followed by a single win in between for quite a time.

Gradually decrease on win would eventually kill your bankroll as well. I think stopping on a win or reset to the base bet would be the better option for a strategy that only needs one winning bet to profit.

Yes maybe it is a good strategy. Remember on the past round you have been lose so meaning there are a chance that on the next round if you double your bet you have the chance to win high so it is more great than the others. And also you will be able to recover your loss on the past rounds, but if you are unlucky then probably it is hard because it may triple your loss when you do this thing.

Looking back at the past result doesn't help you predict the next outcome. Sometimes it happens when you lose on the first bet you go win on the next but it's not always like that and it doesn't increase your chances of winning either.