Gambling is for big bag holders

[famososMuertos]

After this experience I believe gambling is for the big bag holders, if you're in urge of making a win. Very much disappointed, because it is the last few dollars I had as a cryptocurrency holding. If I had more funds I wouldn't have encountered this big loss. Martingale once again a failed strategy when you don't have big bag of money.

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Hi,
Martingale and the loss of his bankkroll; martingale is not for all games although it may seem so yes, anyway,  always should do the calculations to which this strategy can reach, in any case a size bet right or the proper betting line doesn't even support martingale if the variance dictates it doesn't you must win.

If this happens, no problem! I don't play martingale anymore and then until the next day or next game or next bets.

@KennyR  The bankroll is the most valuable thing that those of us who bet have, it is above wanting to win, you understand the point! take care of it for future bets, I hope it's just a punctual and total loss.

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[blockman]

Martingale once again a failed strategy when you don't have big bag of money.

It will continue to make someone fail even if he's going to have a big bankroll. If I have that amount to gamble, I'll choose to gamble with sports betting and not with dice. I know how quick it is to win and quicker to lose there. But if with sports betting, I have more idea that I can somehow take an analysis for each bet that I'll do and that'll increase my chance of winning and can possibly grow that bankroll that I have.

[TelolettOm]

Is the scheme like that especially for dice?
Actually dice is not only for big holders, it is for everyone. But we know that most houses will win in dice. We as players may be able to win but the chance may not be as high enough. It kay be more to luck?
That is why I prefer to sports bet or other gambling games so far.
But hopefully, this is not because of small or big bag holders that able to win in dice in sequences.

[Viscore]

After this experience I believe gambling is for the big bag holders, if you're in urge of making a win.

Gambling is not only for those people you've said. It depends on luck no matter how much money you have. There are others who only have small amount of money but still able to win a huge prize or even hit the jackpot.

Martingale once again a failed strategy when you don't have big bag of money.

Did you expect that using that strategy is a sure profit? If I have a huge amount of money, that is the strategy I will never use. It's like burying yourself into your own grave everytime you lose.

In gambling, there are no strategies that guarantee sure profit, everything is still played more on luck. However, playing with this martingale strategy may lead you to a loss-averse mentality but it will also be one way to make you lose instantly. So if you have huge amount of bankroll, you may have more chances to win but with a single loss strike, everything you have in your bankroll will be gone instantly. It's even putting yourself at a high risk.

[Fredomago]

Huge bag holder or not, gambling is for everyone who has funds and that is big or small.

It's a matter of how long you want to stay whether you have funds that you can spend wholly for gambling. There can also be losses even you're just a small time gambler.

That's why, it's for everyone to make their own bets into their favorite games that they want to have an access.

I guess due to disappointment o frustration that's why OP thinks that if he have larger funds, he may recovered those losses, but sad to say he ended up empty-handed after that losing streaks, Martingale as always, it sucks and most of those who use this strategy burned their bankroll.

I don't see any difference in particular, cause even small-time gambler are not exempt from this kind of outcome.

Martingale is nothing unless your timing is good and you know how to quit before anything worse thing comes to your money.

[AmoreJaz]

Is the scheme like that especially for dice?
Actually dice is not only for big holders, it is for everyone. But we know that most houses will win in dice. We as players may be able to win but the chance may not be as high enough. It kay be more to luck?
That is why I prefer to sports bet or other gambling games so far.
But hopefully, this is not because of small or big bag holders that able to win in dice in sequences.

in luck-based games like dice, if you bet small, you will lose or win small. but if you bet big, of course, you will lose or win big. with the rise of online crypto casinos, gambling are now for all people, whether you are a small or high roller. it is not only for big rollers. the experience of the OP is not a new one as he is playing dice. but i do agree, if you bet in sports and you are very familiar with the sports, i guess, the outcome would be different. but if you are playing luck-based games, don't expect anything worthwhile will come into fruition.

[serjent05]

I think @OP needs to learn proper bankroll management.  

Here is a key pointer in one of the articles^[1] I read on how important Proper bankroll management is.
Learning bankroll management can:

• It ensures that we don’t chase our losses when on a losing streak.
• It prevents us from getting carried away and staking too much when on a winning streak.
• It allows us to withstand multiple losses without running out of money.
• It enables us to make better and more rational betting decisions.

you can read further explanation on the link below

If you happen to understand and learn proper bankroll management you won't be creating thread like these saying that gambling is for big bag holders only.

Btw, if you are fond of using the martingale method try to read this.  It might trigger your curiosity.


[1] Bankroll Management & Using Staking Plans

[samcrypto]

Martingale once again a failed strategy when you don't have big bag of money.

It will continue to make someone fail even if he's going to have a big bankroll. If I have that amount to gamble, I'll choose to gamble with sports betting and not with dice. I know how quick it is to win and quicker to lose there. But if with sports betting, I have more idea that I can somehow take an analysis for each bet that I'll do and that'll increase my chance of winning and can possibly grow that bankroll that I have.

This strategy makes gambler lose more, they should not trust this strategy that much because its not proven. Gambling is for those who are willing to take the risk and understand the probability of winning here, dice game is not just for big time gamblers. Betting are way better, if OP didn’t find his luck on dice game better for him to look for other games that may interest him, sports betting is easy to understand and a good alternative.

[chaser15]

After this experience I believe gambling is for the big bag holders, if you're in urge of making a win. Very much disappointed, because it is the last few dollars I had as a cryptocurrency holding. If I had more funds I wouldn't have encountered this big loss. Martingale once again a failed strategy when you don't have big bag of money.

You are just a failed gambler. Why did you generalize everything where in fact it's you that lose here. It's you to blame for why you end up losing like that. You already know that you are not a whale and yet you risk betting that kind of amount. You need some knowledge too as you believed that martingale is just for big bag holders? Even how large your bankroll is, martingale will crash it in the progress.

Next time don't gamble your last money. You are the one to blame here.

Gambling is for everyone but you just become greedy. Hope you learned your lesson. Sorry for the loss.

[aioc]

After this experience I believe gambling is for the big bag holders, if you're in urge of making a win. Very much disappointed, because it is the last few dollars I had as a cryptocurrency holding. If I had more funds I wouldn't have encountered this big loss. Martingale once again a failed strategy when you don't have big bag of money.

What you mean is having a chance to win in martingale is for big bag holders, anyone can play even if you have $25 as long as you meet the minimum deposit requirements, when implementing or adopting martingale strategy in a dice game, be sure you already calculated the possibilities that you will lose your bankroll if the string of losses reach to a number where your bankroll cannot keep up and how much you can keep up based on your bet.
Don't assume after 10 successive losses the next roll will be in your favor.

[yourthankyou]

The only difference between big bag holders and other gamers is that big bag holders lose more and that's it

[Slow death]

dice is the type of game that for you to make a profit you need to be lucky, that is, you can keep playing for years and be accumulating losses in the hope that one day you will be lucky and you will never be lucky to win, give up playing dice and give up doing martigale, look for other gambling that involve winning strategies because only in this way could you have any chance of winning the casino. and I'm sorry for your loss

[Saisher]

After I saw your screenshots on using martingale yes I believe but it is only particular games on casinos like Martingale, but on other games, you can still hit jackpot for a small amount, there are other games where your chances are high like sports betting and no gambling is for everyone, especially for those who can't take their losses, if you cannot take your losses, you'll be in blaming game, even blaming casinos.

[coin-investor]

After this experience I believe gambling is for the big bag holders, if you're in urge of making a win. Very much disappointed, because it is the last few dollars I had as a cryptocurrency holding. If I had more funds I wouldn't have encountered this big loss. Martingale once again a failed strategy when you don't have big bag of money.

If you're playing Dice and employing the martingale strategy you really need a big bankroll to keep up and you need to start in the amount where your bankroll can keep up, based on your screenshot you are good up to your seven rolls, I have one experience when my losing rolls reached 12 rolls and I got a win in the 13th but my bankroll are all used up using martingale.
yes playing dice using martingale is for bag holdders but for other games and for other people who want to enjoy playing they can play and enjoy playing even with $50.

[harizen]

After this experience I believe gambling is for the big bag holders, if you're in urge of making a win. Very much disappointed, because it is the last few dollars I had as a cryptocurrency holding. If I had more funds I wouldn't have encountered this big loss. Martingale once again a failed strategy when you don't have big bag of money.

That's your last few dollars and you still have the guts to place $100 on each dice bet? And now making a conclusion that gambling is only for big holders lol.

You need to realize the wrong thing you did. What are you trying to achieve? For me, you want a rush profit that's why you easily destroy your bankroll.

A Martingale is a form of betting method, "not a strategy to make you win". Since when it has been an effective way to win. If you are playing luck-based gambling games, you have to take care of your bankroll. Even if bag holders used the martingale, it will all end up losing.

[agustina2]

If I had more funds I wouldn't have encountered this big loss. Martingale once again a failed strategy when you don't have big bag of money.

Here's my take on your story:

1. Funny that you blame martingale for your loss. Martingale doesn't increase your chance to win.

2. Who gave you the idea that if you had more funds, you wouldn't encounter a big loss? In reality, you will lose more.

3. Since you used a martingale, that will really result in killing your funds right away. An x2 bet is a painful bet on every loss and even whales can't afford it if the losing streak is now long. Just do the Math for 10 straight losses using the base amount you used on your screenshot.

[serjent05]

After this experience I believe gambling is for the big bag holders, if you're in urge of making a win. Very much disappointed, because it is the last few dollars I had as a cryptocurrency holding. If I had more funds I wouldn't have encountered this big loss. Martingale once again a failed strategy when you don't have big bag of money.

You are just a failed gambler.

Lol don't be too harsh, OP is just frustrated and needs to vent out his frustration.  So please go easy on him.

Why did you generalize everything where in fact it's you that lose here. It's you to blame for why you end up losing like that. You already know that you are not a whale and yet you risk betting that kind of amount. You need some knowledge too as you believed that martingale is just for big bag holders? Even how large your bankroll is, martingale will crash it in the progress.

I bet OP had learned that martingale method will bust his bankroll in no time if series of reds appears.  I am sure he will be more careful next time and try to properly manage his bankroll.

Next time don't gamble your last money. You are the one to blame here.

Gambling is for everyone but you just become greedy. Hope you learned your lesson. Sorry for the loss.

OP should definitely listen to what you advise him.  Only use the available free money when gambling and especially when using the martingale method.  Or else he will find himself looking for sources to fund his daily needs.

[Rabi3]

After this experience I believe gambling is for the big bag holders, if you're in urge of making a win. Very much disappointed, because it is the last few dollars I had as a cryptocurrency holding. If I had more funds I wouldn't have encountered this big loss. Martingale once again a failed strategy when you don't have big bag of money.

you're not the only who had that happen to them I believe a lot of players did try the martingale and had that happen to them, it's really hard to believe it's fair for everyone and it's just luck when you have that happen to you, Martingale system shouldn't be used a lot, maybe once or twice, get your profit and leave, if you try a lot you're increasing the chances of losing.

[BitDane]

Sorry for your loss @OP.  I hope you can learn from our fellow members that using martingale can bust your bankroll easily.  I wish you the best next time you play with dice.  I hope you win on your next session to recover your losses.  Oh before I forgot, don't try to chase losses you will lose more if you do.

[ChiBitCTy]

No anyone with a reasonable income who makes enough to money to have some they can “spare” as spending money for entertainment or home run type investing can gamble as long as they measure how much they ate gambling properly. It unfortunately seems you’re gambling out of your means.