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Author Topic: Is Betting Double After Losing is Really a Good Decision?  (Read 2397 times)
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March 30, 2020, 10:18:19 PM
 #101

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 not actually a literal strategy we can call on but it's more of a betting type. A strategy is meant to defeat the house. Without even giving a further explanation, we all know here how this martingale type of betting done.

Is this effective? There are lots of factors why this type of betting will not be effective in the long-run and that's it the house-edge of a site. There is no way this type of betting method will defeat the house in the long-run. Meaning there is a chance that a person can lose 10x or more in a row.

Is martingale will have a huge impact on anyone's funds? Yes, there is but unfortunately, the impact is continuously losing.

So why this strategy is recommended by others? Because not all the time you will have a bad session. Let's say you started your session and you think you already get the advantage of using that method then get out immediately and call it the day. There is no sense to continue your session on that day even if you feel lucky.

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March 30, 2020, 10:23:38 PM
 #102

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.

As long you do have money in your pocket then its really hard for you to stop and for sure you would mind on betting more since you have on your mind on how to chase up your losses.
Doubling might give the chance of breaking even or profit but same as you said the possible losses would be more worst as long it would pile up this is why i dont make use of martingale
most of the time unless if ive been using dogecoin but for btc? i dont do such thing because if i do target out for making profits then 2x multiplier on 50% chance is already enough for me.

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March 30, 2020, 11:29:43 PM
 #103

As long you do have money in your pocket then its really hard for you to stop and for sure you would mind on betting more since you have on your mind on how to chase up your losses.
That is true in most cases, but we can use this scenario to practice on how to control ourselves and to just let go and stop when we are losing.
In most cases, we only chase because we really can't afford to lose our money, because if not, we call it a day and do other things.

Doubling might give the chance of breaking even or profit but same as you said the possible losses would be more worst as long it would pile up this is why i dont make use of martingale
most of the time unless if ive been using dogecoin but for btc? i dont do such thing because if i do target out for making profits then 2x multiplier on 50% chance is already enough for me.
Whatever coins you are betting, irresponsible use of martingale method would not always deliver good result, I know everyone has experience that if you have been actively gambling, especially in the early days.
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March 31, 2020, 04:49:43 AM
 #104

no one knows the outcome of the game  .

you can win or loose depending on your luck  . just trust your senses , if you think you will loose after a loose then stop and dont ever bet or double your bets  while if you feel the opposite vibe then why not ? go for it  .

doubling bets is risky , thrilling and verry rewarding whenever you hit the green   .

you can instantly recover what you loose   . i played it when im on full guts or when i have a good balance but if not then nope   .
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March 31, 2020, 04:57:52 AM
 #105

no one knows the outcome of the game  .

you can win or loose depending on your luck  . just trust your senses , if you think you will loose after a loose then stop and dont ever bet or double your bets  while if you feel the opposite vibe then why not ? go for it  .

doubling bets is risky , thrilling and verry rewarding whenever you hit the green   .

you can instantly recover what you loose   . i played it when im on full guts or when i have a good balance but if not then nope   .

It's mind choking decision since you can lose or either win but if you cannot take to lose more much better we shouldn't do this thing since its not a best choice for a low cap gamblers, best to rest and better luck next time but if you can afford to take whatever it takes then its all to the gamblers decision for doing this kind of more risky act.

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March 31, 2020, 06:12:40 AM
 #106

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.
For me, it's not a good move to do for gamblers since that is where the bad luck might start, Surely if you are going to double your bet when you are losing you are going to need big funds for that and in the end, you might end up losing all your money when you start this kind of method and continue to double your bet, imagine if you lose 5 times in a row and you double to double your bet.

Surely this is not a great method but still, the betting game just all depended on the luck of the player so for sure the whole game was still just luck so this is also not a bad method to do here in gambling.

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March 31, 2020, 07:11:22 AM
 #107

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.
For me, it's not a good move to do for gamblers since that is where the bad luck might start, Surely if you are going to double your bet when you are losing you are going to need big funds for that and in the end, you might end up losing all your money when you start this kind of method and continue to double your bet, imagine if you lose 5 times in a row and you double to double your bet.

Surely this is not a great method but still, the betting game just all depended on the luck of the player so for sure the whole game was still just luck so this is also not a bad method to do here in gambling.
Gambling is totally dependent on luck and experience. If you are a real gambler, you obviously bet again after lose. You know that gambling depends on luck, you can win on second time. so, I think betting double after losing is not a bad decision, if your destiny is with you then you will win.

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March 31, 2020, 07:33:52 AM
 #108

Gambling is totally dependent on luck and experience.
Totally.. no, it also depends on your skills, your experience your earn is useless if you will not learn something to improve your skills in gambling.
Luck does not need an experience as they say luck beats talent and even experience, but it would not give you consistency.

If you are a real gambler, you obviously bet again after lose.
Definitely because you want to win back your loses and be profitable, you are not gambling just to lose, you also try to win.

You know that gambling depends on luck, you can win on second time. so, I think betting double after losing is not a bad decision, if your destiny is with you then you will win.
I think you just have to set some limit and follow your game plan all the time, no emotions involve just a pure planning that you need to properly execute.

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March 31, 2020, 07:48:44 AM
 #109

Gambling is totally dependent on luck and experience. If you are a real gambler, you obviously bet again after lose. You know that gambling depends on luck, you can win on second time. so, I think betting double after losing is not a bad decision, if your destiny is with you then you will win.

Trying to betting double is good, but we don't have to always try to betting double because we need to know the timing to place betting double. Sometimes, we forget about that, and we only use that way, and in the end, we lose all of the money. I guess that betting as usual without trying to do double will be enough for me because I don't use gambling as searching for the money.

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March 31, 2020, 07:50:52 AM
 #110

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.
Sorry but i never tried using martingale though i have been reading many about this strategy,and sadly most of them don't really believe in this one and so as me,i don't believe in doubling our bets after losing one because this will categorize in chasing losses and this is not a good signal of betting in gambling.
Would that make a huge impact to your funds?
of course imagine you are betting more than what you lose?thats insane for me lol
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.
yups and better stay that way,dont push having the win because everything is according on your luck so even how big you double it but you are not lucky then surely nothing will favor.









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March 31, 2020, 09:12:35 AM
 #111

I also do that when I lose in one bet I double my bet and sometimes it is works but mostly I lose if I do that but maybe for the others player it is good startegy. This startegy is very common and many people use that even in the tradtional gambling they also do that.
But be careful of how much amount of your money you bet because it is very danger and if you bet a huge amount of money you need to control yourself .
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March 31, 2020, 12:18:02 PM
 #112

As already mentioned above, it all depends on the startup strategy you have chosen, which in turn directly depends on the size of your deposit.
If you assume that your capital is infinite, then each time doubling in loss, you will, sooner or later, recoup and exit plus.
It is worth remembering that the lower the probability of winning, the worse this strategy will work.

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Rosilito
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March 31, 2020, 12:29:15 PM
 #113

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.

Practically, no, IMO. Literally you're exposing yourself into a riskier situation making your money/fund way too faster. Well, if you will be that fortunate to win after betting double then we could say that you are in a good situation, the thing it ain't always happening.  I have no idea if there were such strategy out there existing but if we will look at it as a common gambler such strategy isn't a good practice. Double betting after winning, and would follow up after a consecutive winnings is a must or is the most recommended idea to do rather than doubling it after loses. Be careful, your money might runs out before you notice, buddy.
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March 31, 2020, 12:52:14 PM
 #114

I guess it mostly depends on a specific 'game' you're in. At some gambling projects, unfair algorithms don't allow you to win quite many times in a row so doubling after every bet usually leads you to a total loss there. Not sure about the general usability of such a strategy.
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March 31, 2020, 12:54:49 PM
 #115

It is a good strategy to double your bet after losing one.
The oy parameter you have to think of is that you need a lot of capital in order to endure your losses.
Otherwise you will end up being out of money from the many doubles.
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March 31, 2020, 01:10:16 PM
 #116

no one knows the outcome of the game  .

you can win or loose depending on your luck  . just trust your senses , if you think you will loose after a loose then stop and dont ever bet or double your bets  while if you feel the opposite vibe then why not ? go for it  .

Everyone knows the eventual outcome (lose). If you play til infinity, you will certainly lose,,, and everyone in gambling history has not managed to play til infinity before the losing outcome arrived;) Do NOT trust your sense. Trust your mathematics.

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March 31, 2020, 02:33:15 PM
 #117

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 problem with this strategy is that if you keep on losing and every time you double your bet money, it will make your lose even more. And if you have limited budget, you will soon end up with shortage of funds for this investing double every time. This may work sometimes but one day it will make you lose all your money.

This martingale strategy can be applicable to those small games or low betting games but yes it is good to double your bet to regain the loss but it is not that easy unless you are really lucky because once you lose again you just add up another loss to your losses which is not a good idea especially if you don't have enough budget or money. I am not against in the martingale strategy but I won't do this strategy if i am in the midst of losing because there's a high or more chances of losing than winning for me. Also, when you gamble think first a good strategy, analyze the game and know your money limits for less regrets of losing all your money because this game you are playing (roulette and dice) are based on luck and you can't do anything about it, again unless you are lucky.  

Hoping that you will find the right answer to your question and apply it to yourself,remember good decision making is very important in all aspects in life.
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March 31, 2020, 02:39:35 PM
 #118

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.

Unfortunately, but doubling the amount you bet after each failure is a very risky way to reduce your risk.
There have been many experiments on this subject and from what I remember there were situations in which there was a series of more than thirty hits of the same color in roulette. Even starting with a symbolic amount, to secure such an unlucky series financially, you need to have incredible assets.

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March 31, 2020, 02:39:59 PM
 #119

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.

You got infinite bankroll?  Yes:  Definitely.  No:  Nope.

You should betting less when losing.  Preserve as much of your br as possible cos without it, you can't play.  Lawl.

R


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March 31, 2020, 02:46:20 PM
 #120

~~~
Actually, I often do this strategy when I play dice. Every time I lose the first bet I will double it on the second bet and if I still lose then I will double it on the third bet. But of course this strategy will require a lot of capital and courage from the players.

I just think that this strategy still has a 50:50 chance of winning, so still if we are too excited and cant control our emotions, as much as anything capital we have, it will disappear and we will come out empty-handed. Believe me, there is no strategy that always runs smoothly as we wish. I have tried it.
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