Martingale Number Lose Streak Formula

[GreatArkansas]

Just a quick help.
Is there anyone here knows the formula for Martingale lose streak.

What I want to get is the how many lose streak before my x amount of money will lose.

Let's say I have 100USD on my account.
My starting bet is: 5USD
For every lose, bet will increase in 100% and if I won, bet will reset to 5 USD. Martingale style.
So, what I want to get is how many lose streak before my 100USD will get rekt?
Is there any simple formula for this?

Thanks!

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[Mahanton]

5-10-20-40

4 losing streaks because your betting will stop on 5th ones since it do requires $80 into your balance on next bet.
So that would total in $155 which is more than of your balance.

[Casdinyard]

Won't answer your question regarding Martingale formula but I still want to share my opinion. Formulas I think won't work in gambling because most of the games rely on one's luck. If you would have a capital of 100usd, betting 5$ per round and having an increased bet of 100% if you'll lose, it will be hard to determine how many times you'd be able to because there's no guarantee of the outcome in the first place. Through this formula, you could really make an expected number of bets for such amount but that won't still determine the exact. My stand to this is that, you could have a continuous winning run which will generate higher frequency on your betting, likewise with a lose streak. It can also be an alternating win-lose scenario but will it still matter if things won't be consistent to all situations or instances? I just wonder.

[Viscore]

5-10-20-40

4 losing streaks because your betting will stop on 5th ones since it do requires $80 into your balance on next bet.
So that would total in $155 which is more than of your balance.

Simple computation but it's correct, I tried to get using my excel worksheet but I realize your are very smart here, lol... yes OP, the formula is simple, if your starting bet is $5, you should increase your bankroll to at least $1,300 usd, so you have at least 9 losing streak before you get busted.

[Lanatsa]

5-10-20-40

4 losing streaks because your betting will stop on 5th ones since it do requires $80 into your balance on next bet.
So that would total in $155 which is more than of your balance.

This post is indeed correct yet you wont able to make next bet but you do already have lost $75 in your balance which means you do still have $25 and this is why I don't really find interesting
on playing with martingale kind of strategy when my bankroll is just too small or you can anytime adjust it to make more some space for streaks ex. like putting $1 on minimum bet
this will really prolong the run but depends if  the streak wont really be that too long because you'll surely bust out no matter how big the balance you do had.

[Genemind]

It will only take about 4 bets of you start with 5$ with a capital of 100$. When I do the martingale strategy I start with a very small amount to avoid being rekt in a few losing streak. Lets say my capital is 50$, I always start with the lowest bet possible depending on the platform. It is hard to come up with a formula, the longest losing streak that I have so far is 16. No matter how high your capital is, no strategy works long-term, the system will keep up with your strategy.

[Ziskinberg]

It will only take about 4 bets of you start with 5$ with a capital of 100$. When I do the martingale strategy I start with a very small amount to avoid being rekt in a few losing streak. Lets say my capital is 50$, I always start with the lowest bet possible depending on the platform. It is hard to come up with a formula, the longest losing streak that I have so far is 16. No matter how high your capital is, no strategy works long-term, the system will keep up with your strategy.

Martingale strategy require a good amount of capital, I don't know but I find it boring if the capital or bankroll is small.
For $100, I think you start with $0.5 as your lowest bet, that would allow you at least to do martingale for 8 consecutive bets, but you have to be discipline here as you might get bored that you'll only win $0.5 every time while you can risk your entire bankroll.

Actually I've tried this in dice games but I fail, maybe in sports betting it's more useful as you can analyze the game.

[numanoid]

Just a quick help.
Is there anyone here knows the formula for Martingale lose streak.

What I want to get is the how many lose streak before my x amount of money will lose.

Let's say I have 100USD on my account.
My starting bet is: 5USD
For every lose, bet will increase in 100% and if I won, bet will reset to 5 USD. Martingale style.
So, what I want to get is how many lose streak before my 100USD will get rekt?
Is there any simple formula for this?

Thanks!

This the formula

Initial bet + (initial bet*2) + (initial bet*2²) + and so on....

Just do SUM all of your bets before and you will get how many streak lose you can handle with your bankroll before it rekt

[fiulpro]

Hello
 
If you are not particularly going to calculate for a normal bet I do think it will be good for you to use the following formula.

| Inverse (n)/Inverse (p) l

|  | = Modulus
n= number of trails
p= square of probability.

Now if you are going to calculate for the game like football , you won't be able to calculate the exact probability but an approximate value. You can look for the values in the table below.



Please note that simple probability won't work in a game which is complex so there will always be a margin +/- when you are calculating it.

-.-

This formula was way easier to understand and was relatively small which I found on :- source

Just a quick help.
Is there anyone here knows the formula for Martingale lose streak.

What I want to get is the how many lose streak before my x amount of money will lose.

Let's say I have 100USD on my account.
My starting bet is: 5USD
For every lose, bet will increase in 100% and if I won, bet will reset to 5 USD. Martingale style.
So, what I want to get is how many lose streak before my 100USD will get rekt?
Is there any simple formula for this?

Thanks!

This the formula

Initial bet + (initial bet*2) + (initial bet*2²) + and so on....

Just do SUM all of your bets before and you will get how many streak lose you can handle with your bankroll before it rekt

This would be extremely long and complicated if the person decides to actually sit down and bet for a long period of time.

At the same time OP I do believe that you have to understand for a fact that calculating it is relatively different when done for different kinds of bets .

[Darker45]

5-10-20-40

4 losing streaks because your betting will stop on 5th ones since it do requires $80 into your balance on next bet.
So that would total in $155 which is more than of your balance.

Correct. With the classic Martingale, OP can only do 4 consecutive bets, provided he/she losses each time. But he/she still has $25 left after the fourth bet. He/she could start again from 5 and double the bet after losing it and still has $10 left.

If I were the OP, I'd rather have a low start, say, $1 so that the Martingale strategy would last a little longer. I guess this is the best approach if one is bent on using this strategy. 

[shoreno]

what about the odds ? your number of loss will depend on your odds too . high odds more number of loss and low odds of course lesser number of loss before you get your target but good luck and bad luck plays a factor as well

not because you play with high odds doesnt always mean that you will get the same more amount of loss but you can get a good luck and get a win as early as possible .  for low odds your loss can roll for more if bad luck penetrates .

[Lorence.xD]

what about the odds ? your number of loss will depend on your odds too . high odds more number of loss and low odds of course lesser number of loss before you get your target but  luck and bad luck plays a factor as well

not because you play with high odds doesnt always mean that you will get the same more amount of loss but you can get lucky and get a win as early as possible .  for low odds your loss can roll for more if badluck .

I think that it is out of the question because odds will complicate the equation. OP stated that there is only losses so I think that odds will discarded. I do agree with you about odds, it is math in the end but I do not think luck and math should be in the same sentence.

[Fundamentals Of]

Does Martingale involve a very complicated mathematical formula? I don't think so. You don't have to look for a more complicated approach to Martingale. You just have to multiply your current bet to 2 in your next bet, that is, if you lose. All you need to have is just x and 2. You start with 5, so if you lose, your next bet would be 5x2 which is 10. And if you lose that again then you will make it 10x2 which is 20. And that goes on and on. That is just the formula with Martingale.

[robelneo]

Just a quick help.
Is there anyone here knows the formula for Martingale lose streak.

What I want to get is the how many lose streak before my x amount of money will lose.

Let's say I have 100USD on my account.
My starting bet is: 5USD
For every lose, bet will increase in 100% and if I won, bet will reset to 5 USD. Martingale style.
So, what I want to get is how many lose streak before my 100USD will get rekt?
Is there any simple formula for this?

Thanks!

That's the wrong amount to start for $100, martingale has no set rule there is no right amount of losing rolls you can go from 4 to 10, I recommend do it manually to get the feel go for 50 cents until you got into a long losing streak and win the roll, increase it to $1 on your next three rolls, whenever there is a very long losing roll, the next succeeding roll will favor you, but there will be a repeat of that long losing roll, so be sure to be flexible and the urge to bet higher somewhere is your biggest temptation, that will lead you to lose all your bet.

[GreatArkansas]

Thanks everyone for the ideas.
It seems difficult and complicated formula. What I am planning is to create my own simple app or calculator just to calculate few numbers, my input are just the amount of initial bet and my total balance.

Is anyone here already tried this kind of calculator online? I tried to Google "martingale" calculator but the results are different to what I want to achieve.

[robelneo]

Thanks everyone for the ideas.
It seems difficult and complicated formula. What I am planning is to create my own simple app or calculator just to calculate few numbers, my input are just the amount of initial bet and my total balance.

Is anyone here already tried this kind of calculator online? I tried to Google "martingale" calculator but the results are different to what I want to achieve.

Hmm interesting idea my friend please do create one we will need something like this so those who will implement martingale will have an idea of how they will proceed, a martingale method is a tricky game but the point is can you keep it up, just now I lose 8 successive roll balance went to zero, my calculation was I am good up to 7 rolls but it reaches 8 rolls.

 

[Wexnident]

Thanks everyone for the ideas.
It seems difficult and complicated formula. What I am planning is to create my own simple app or calculator just to calculate few numbers, my input are just the amount of initial bet and my total balance.

Is anyone here already tried this kind of calculator online? I tried to Google "martingale" calculator but the results are different to what I want to achieve.

Well from what I know if you only want a simple one where odds don't really matter, then you can simply just duplicate each value bet with each round until the total balance is less than the value to be bet. If I understood what you want correctly,
n = initial
x = total bet
b = total balance
multiply n by 2 every round, then add the total bet per round, and set a condition after each round that if x<b  the count stops. Also put a variable that counts how many loops the calculator has done so that it could count how many times you could bet before your balance go kapoof. Correct me if I'm wrong though, that's how I basically understood martingale at its purest form anw. If you want code then it kinda goes like this
n = initial
c = count
x = total bet (has the same initial value as n)
b = total balance

if(x<=b){
n = n*2
x = x + n
c++;
}else {
show c
}
or so what my minuscule amount of programming knowledge says anyway.

[iamsheikhadil]

Lmao.

It totally depends on your luck isn't it? Since it's so random.

However, if the cap is $100, I wouldn't go with $5 initially, 0.5$ would be better because that will give you more money to bounce back after a losing streak.

But hey, if you start with $5, it will just require 5 consecutive loss to bust your full balance

[covfefe_]

House edge doesn't effect the amount you bet for martingale. House edge would make the probability of winning larger or smaller but as it's all probability, you can have literally 100s of wins or loss while following the fair hash. The number of bets you can make before your matingale would bust can be calculated by multiplying the base bet with odds and taking their sum till the sum doesn't get over your bankroll.

[robelneo]

Lmao.

It totally depends on your luck isn't it? Since it's so random.

However, if the cap is $100, I wouldn't go with $5 initially, 0.5$ would be better because that will give you more money to bounce back after a losing streak.

But hey, if you start with $5, it will just require 5 consecutive loss to bust your full balance

A poll will be better to serve us all on what do they think the longest losing streak they've experienced I just posted that I have 7 straight losing streaks just today, $100 is a good amount to start a martingale strategy but $5 is the easiest way for you to get busted $3 you are in a 50/50 and $0.50 to $1 you are on a safe side but you need to be patient because you are only going to win a small amount, but hey it's fun you can go through it for a full hour.    

[MCobian]

I have given up looking for the mathematical formula for the martingale strategy, because I have tried many formulas and none of
them give satisfactory results. In the end, I always ran out of capital when I tried the Martingale strategy, let alone use a small
capital of $ 100. I expect it to run out quickly if I use $ 100 in capital. So in my opinion there is no need to spend time looking for
the right formula for a martingale strategy, if you want to play gambling do it only for entertainment. So whatever the outcome will be
let luck determine the outcome, playing gambling like that is more fun in my opinion.

[Viscore]

I have given up looking for the mathematical formula for the martingale strategy, because I have tried many formulas and none of
them give satisfactory results. In the end, I always ran out of capital when I tried the Martingale strategy, let alone use a small
capital of $ 100. I expect it to run out quickly if I use $ 100 in capital. So in my opinion there is no need to spend time looking for
the right formula for a martingale strategy, if you want to play gambling do it only for entertainment. So whatever the outcome will be
let luck determine the outcome, playing gambling like that is more fun in my opinion.

Wrong if you will always think gambling for fun all the time, martingale can be a successful method as long as OP is not playing a gambling game where there's a house edge, like sports betting, he can use it with proper analysis on the game he will choose. However, it's also not a guarantee that cold streak won't happen or his bankroll will be busted, that's part of the game, what's important is he has a back up to refill his bankroll once he lose his initial capital or bankroll.

[madnessteat]

Lmao.

It totally depends on your luck isn't it? Since it's so random.

However, if the cap is $100, I wouldn't go with $5 initially, 0.5$ would be better because that will give you more money to bounce back after a losing streak.

But hey, if you start with $5, it will just require 5 consecutive loss to bust your full balance

I support your idea. When I play Martingale my bet should not be so big that I can lose several times in a row (ideally 13-15 times).

For example, if my bet is $1 then my bankroll should be $16384:

1-2-4-8-16-32-64-128-256-512-1024-2048-4096-8192-16384

P.S. The Martingale strategy is very risky.

[mirakal]

Lmao.

It totally depends on your luck isn't it? Since it's so random.

However, if the cap is $100, I wouldn't go with $5 initially, 0.5$ would be better because that will give you more money to bounce back after a losing streak.

But hey, if you start with $5, it will just require 5 consecutive loss to bust your full balance

I support your idea. When I play Martingale my bet should not be so big that I can lose several times in a row (ideally 13-15 times).

For example, if my bet is $1 then my bankroll should be $16384:

1-2-4-8-16-32-64-128-256-512-1024-2048-4096-8192-16384

P.S. The Martingale strategy is very risky.

Very scary when you are in the last amount of your total bankroll, when you bet $16384 just to win $1 again, can you still do that?

Me, I think I will think twice before putting that bet, I am already at 14 losing streak, so 15 is not impossible.

[ranochigo]

The increment on loss for martingale is usually x2, so that'll mean that it follows a geometric progression. For geometric progression, the sum of the total amount of money loss in an X losing streak with a base bet of B is

(b(2^x -1))/(2-1) so if you want to know the total number of losing streak that you can sustain, just use an inequality and solve for X using some indices manipulation. Not tough and it doesn't need any programming.

So comes the reality shock: You will always lose when using martingale. The longer/the more bets you have, the higher chance you will lose all of your bankroll. The probability of a losing streak of X will increase exponentially with time/trials. In a perfect scenario, with unlimited bank roll and 0% house edge, you're expected to come to the same amount of money that you have at the start. In reality, house edge is usually 1% or so, so you'll lose 1% of your money with an unlimited bank roll.

You are statistically proven to lose against the house. No strategies can mitigate this, perhaps strategies in blackjack and stuff with card counting can reduce the house edge but not games that are purely based on chance.

[Zackgeno96]

That was a hell of a math right there, I didn't know we could compute the possible lose streak on a martingale strategy all I knew was that if I lose 4 times I stop and the maximum losing streak so far that I experience was 12.

[RokokGudangGaram]

I frequently use martingale strategy but I did not really give any thought of how to compute lose streak while using it. Good thing that someone replied about the computation and it I am sure that it will be of significant help to dice game players like myself.

[madnessteat]

Very scary when you are in the last amount of your total bankroll, when you bet $16384 just to win $1 again, can you still do that?

Me, I think I will think twice before putting that bet, I am already at 14 losing streak, so 15 is not impossible.

Thanks for the comment, the bankroll in that case should be $32767. I only use this strategy in dice. My initial bet is much less than a dollar. The likelihood that you lose 14 times in a row is very small unless of course the number algorithm works against the player. If your last bet wins, you are out of the game in the winnings.

[Saint-loup]

5-10-20-40

4 losing streaks because your betting will stop on 5th ones since it do requires $80 into your balance on next bet.
So that would total in $155 which is more than of your balance.

Yes after his 4th loss, he will only hold 25$ while he will need 80 to place a 5th bet.
100-5=95
95-10=85
85-20=65
65-40=25