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Author Topic: Martingale Betting Strategy on BlackJack, how effective it is?  (Read 948 times)
Gianluca95
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July 17, 2022, 01:57:14 PM
 #21

Before anything else, I would like to define Blackjack as a game of skill or skill-based gambling game.  Means we have more grasp on winnings the more skilled we are in this game.  With this I happen to read an article Titled: The Three Best Blackjack Betting Strategies.  I was somehow surprised when I see that Martingale betting strategy is one of the best betting strategies for Blackjack, I was kinda hesitant to believe it until I realized that BlackJack isn't a game of chance so it is sensible that Martingale Betting will give a better percentage in winning a gambling session.  Here is what the article explains about this strategy.

Quote
Martingale Betting Strategy

The Martingale System is a negative-progression blackjack strategy rooted in the idea that you, in theory, will always win eventually. In this strategy, each time you lose, you double your bet. And before you leave us here, hang on. Successful play of this riskier strategy could pay off big.

Here’s how it works. Say you started with a $5 bet and lost. You would then bet $10 on your next hand — and $20 on the next if you lost again. Eventually, after progressively making higher wagers, you are more likely to win, leaving you with a much higher payout than if you had bet a consistent amount.

Caution: this approach is best reserved for high rollers though. In blackjack, it’s not uncommon to have a losing streak of ten or more hands in a row. Without a large bankroll, continually doubling your bet to that degree could leave you with a wounded wallet.

I am still hesitant about this betting strategy but my rationality thinks it is possible, at least martingale on blackjack is way better than martingale on any luck/chance-based games. How about you what is your thought on Martingale betting strategy used on blackjack? Is it effective for this type of game?


[1] https://kiowacasino.com/the-three-best-blackjack-betting-strategies/other references:
https://upswingpoker.com/the-best-blackjack-betting-strategy-basic-explanation/
https://www.casinoreports.ca/blackjack/best-blackjack-systems/


I don't think that Martingale would be good as betting strategy, because you need a fat wallet to sustain it. Anyway, Blackjack is also a game of strategy and patience, so, I don't think that this kind of strategy would be

cool with that kind of game (You've also to consider that I'm not a lover of martingale because there are many risk of loss).


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July 17, 2022, 02:30:56 PM
 #22



I am still hesitant about this betting strategy but my rationality thinks it is possible, at least martingale on blackjack is way better than martingale on any luck/chance-based games. How about you what is your thought on Martingale betting strategy used on blackjack? Is it effective for this type of game?



If it's possible then give it a try but of course, it should be your own choice to try it, so far it's being frowned upon by the community, it's hard to prove that martingale has a good winning ratio on any game of chance or even skill, we have to take gambling as it is, have some fun be entertained don't force your way to win, gambling should be fun so when you got up you feel relaxed and not stress because of the money you lose.

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July 17, 2022, 02:36:15 PM
 #23

there is no strategy that really works in gambling especially playing blackjack, whatever the formula, or the strategy if someone plays for unlimited time and bets with the house, then I make sure you will lose a lot of money. Actually there is nothing wrong with the Martingale strategy, it's just that one has to limit betting and stop when enough regardless of losing or winning. The most influential factor in gambling is luck nothing else.

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July 17, 2022, 02:36:22 PM
 #24

Martingale as a betting strategy in the core should work.What I mean by that is that if we have a huge balance and start from the lowest possible bet and keep increasing the bet after each loss then one time we will win,a good example is if we roll the dice in roulette 100 times based on the law of probability it is impossible to fall 100 times red or 100 times black on a physical casino so out of 100 bets we should be able to win one in order to get back all the money plus the initial small bet winnings.This works in an ideal world where betting limits are not in place but unfortunately they are both in online casinos and offline casinos.The same is in place for Blackjack.

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July 17, 2022, 03:12:40 PM
 #25

Martingale as a betting strategy in the core should work.What I mean by that is that if we have a huge balance and start from the lowest possible bet and keep increasing the bet after each loss then one time we will win,a good example is if we roll the dice in roulette 100 times based on the law of probability it is impossible to fall 100 times red or 100 times black on a physical casino so out of 100 bets we should be able to win one in order to get back all the money plus the initial small bet winnings.This works in an ideal world where betting limits are not in place but unfortunately they are both in online casinos and offline casinos.The same is in place for Blackjack.

Starting with just $0.10 if possible or with altcoin like TRX and it might just save the gambler from big loss. Probably for dice, blackjack has higher minimum bet so a gambler is set to lose big. $1000 is not enough balance to play this strategy but you win when you stop after luck favors you.  Not a recommended strategy nor this game.

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July 17, 2022, 03:14:02 PM
 #26

a good example is if we roll the dice in roulette 100 times based on the law of probability it is impossible to fall 100 times red or 100 times black on a physical casino
No it isn't. It is unlikely, yes, but it isn't impossible by any means.

so out of 100 bets we should be able to win one in order to get back all the money plus the initial small bet winnings.
If you double your bet every time you lose you do with Martingale, even if your first bet was only a single satoshi, then you can only make 50 losing bets before you breach the 21 million coin limit of all the bitcoin in existence. And even if you win a bet, your maximum winnings is still only ever going to be a single satoshi.

Martingale only makes sense if you have infinite money. Since nobody does, you will lose everything if you run it for long enough.
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July 17, 2022, 03:25:19 PM
 #27

If the Martingale strategy worked, the big players would constantly beat the casino, but it does not happen because the casino limits the maximum bet. In addition, you should understand that each successive bet has nothing to do with the previous one, so it may happen that a row of very many losses. Just enough so that you run out of money. At least it happened to me just like that. So don't count on this strategy to lead you to winnings.

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July 17, 2022, 03:38:00 PM
 #28

it can be a devastating strategy.
it is not unusual to get long "trails" of unfavorable hands.
Imagine you take 10 consecutive losing hands. Starting at $ 10, the first hand will get you:
-10
-20
-40
-80
-160
-320
-640
-1280
-2560
-5120
A  total of $10230 loss ! You would risk such a sum to really win what amount? The initial 10 dollars?

In practice you would always play to make up for a previous disadvantage and never to "increase" your real win.
it seems to me a destructive game mode ...

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July 17, 2022, 03:51:56 PM
 #29

In the end of it, it all boils down to bankroll. for it to work, you would need an incredible amount of bankroll so you wouldn't run out of money while you are on a losing streak. and if you are a high roller you should hope that you wouldn't hit the maximum bet limit(which almost all casinos may it be online or not have) while you are on a losing streak since you'd have no choice but to either keep betting on their maximum bet until you win a round, start the strategy again or completely abandon the strategy.

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July 17, 2022, 04:38:44 PM
 #30

If the Martingale strategy worked, the big players would constantly beat the casino, but it does not happen because the casino limits the maximum bet. In addition, you should understand that each successive bet has nothing to do with the previous one, so it may happen that a row of very many losses. Just enough so that you run out of money. At least it happened to me just like that. So don't count on this strategy to lead you to winnings.
Martingale is not a winning strategy at any casino, and casinos are not that stupid. Any player who thinks they can win this way will lose their money in no time.
no accurate strategy can beat the casino, and if there is one. As you said, there will be a lot of people using that strategy or any strategy that will put the casino out of business.
if anything, it's probably down to luck or really getting the hang of it and doesn't mean never losing.

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July 17, 2022, 05:38:02 PM
 #31

it can be a devastating strategy.
it is not unusual to get long "trails" of unfavorable hands.
Imagine you take 10 consecutive losing hands. Starting at $ 10, the first hand will get you:
-10
-20
-40

Yup this is definitely one of the worst strategies to do martingale (even though all will eventually cause a large loss some ideas like resetting every 8 bets greatly increases the time it takes for you to lose your entire bankroll).

The safest way to play blackjack seems to be by using the same size bet each time - I've seen a lot of people on YouTube at brick and mortar casinos be able to stream for 10 hours+ and still end up withdrawing $7-9k in chips with an initial $10k down on the table (often playing with 2 or 3 hands too).
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July 17, 2022, 08:09:43 PM
 #32

I've seen a lot of people on YouTube at brick and mortar casinos be able to stream for 10 hours+ and still end up withdrawing $7-9k in chips with an initial $10k down on the table (often playing with 2 or 3 hands too).

Pretty sure that they wont be playing all BJ for 10+ hours of stream but yeah it varies though. Most streamers tend to play on BJ because the main point on streaming is to prolong the stream thus getting more revenue from the stream therefore playing on a game with low house edge tend to be the best strategy for them and also viewers love it

A  total of $10230 loss ! You would risk such a sum to really win what amount? The initial 10 dollars?

Eactly, every martingale is just pure stupidity though

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July 17, 2022, 08:15:08 PM
 #33

As long as you keep winning it's no problem. But you have to keep in mind that there are sites that work with a certain limit on their casino. And if, for example, you can only bet $ 500, then you can no longer double from 1,2,4,8,16,32,64,128,512. So you would already be stuck there. You could also use a martingale principle at a basketball game or football game with more or less than that many goals scored. But you can also lose 10 times in a row and then what?

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July 17, 2022, 08:32:50 PM
 #34

I don't know how to play blackjack so I can't say if this article is right or not. but speaking of sports betting this martingale strategy does not work in sports betting, at least in my opinion. for example in sports betting games with odds of @1.50 are good, because in a way the bookmakers are already favoring the team with odds of @1.50, but from a profitable point of view in the long term these odds do not pay off and if if we add martingale to this equation then the person will be bankrupt in a few days. I just gave a small example that martingale is dangerous in sports betting, I don't know if blackjack works or not. I can't say that because I don't play blackjack, but I can say with conviction that using martingale in sports betting is a ruin

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July 17, 2022, 08:33:28 PM
 #35

The article is attached with the gambling fallacy of "eventually we will win", so automatically the belief that the Martingale Betting Strategy as one of the best strategy is a fallacy itself.  Like the earlier replies, it needs a limitless bankroll but the problem with that is Casino has bet limits.  It is easily countered with continuous shuffle where the deck refreshes every single bet so card counting would be impossible to apply.

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July 17, 2022, 08:41:14 PM
 #36

In the end of it, it all boils down to bankroll. for it to work, you would need an incredible amount of bankroll so you wouldn't run out of money while you are on a losing streak. and if you are a high roller you should hope that you wouldn't hit the maximum bet limit(which almost all casinos may it be online or not have) while you are on a losing streak since you'd have no choice but to either keep betting on their maximum bet until you win a round, start the strategy again or completely abandon the strategy.
This is true and doesnt matter on what game you are involving into even on a strategic based on which Martingale method wont really give out assurance for you to win since we know that
losing streak could really be long and plus having those max bet limit with those sites which does simply means that you cant totally able to follow and ending up losing huge amounts
if you couldnt able to hit a win on that particular series of bets on using martingale.This had been a common method since from the beginning of time but there are people who do
really love on pushing through into this kind of method and do realize in the end that it wasnt really effective at all but hey its peoples money then its their right on what
strategy they could be using.

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July 17, 2022, 08:49:20 PM
 #37

a good example is if we roll the dice in roulette 100 times based on the law of probability it is impossible to fall 100 times red or 100 times black on a physical casino
No it isn't. It is unlikely, yes, but it isn't impossible by any means.

so out of 100 bets we should be able to win one in order to get back all the money plus the initial small bet winnings.
If you double your bet every time you lose you do with Martingale, even if your first bet was only a single satoshi, then you can only make 50 losing bets before you breach the 21 million coin limit of all the bitcoin in existence. And even if you win a bet, your maximum winnings is still only ever going to be a single satoshi.

Martingale only makes sense if you have infinite money. Since nobody does, you will lose everything if you run it for long enough.

An excellent demonstration of the absurdity of the Martingale system! I think one more corollary should be mentioned: when using Martingale (even if you have infinite money) your winnings as a percentage of your deposit will be zero (infinitely small). Is it worth starting in this case?
Probably the sponsor of that article is a casino that lures new simpleton players  Grin

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July 17, 2022, 09:54:03 PM
 #38

An excellent demonstration of the absurdity of the Martingale system! I think one more corollary should be mentioned: when using Martingale (even if you have infinite money) your winnings as a percentage of your deposit will be zero (infinitely small). Is it worth starting in this case?
Probably the sponsor of that article is a casino that lures new simpleton players  Grin

Well maybe, but looking at the article they are not encouraging player to use the Martingale betting system if a player has a low bankroll.
Quote
For instance, if you lost ten straight hands using the Martingale System with a $10 starting bet, you would be down $10,230 for the session. Negative progression blackjack betting systems shouldn’t be used if you’re not ready to chase your losses with big recoup bets.

The article is about "best betting strategy" not a best-winning strategy, though I think they put up martingale because it is one of the popular methods used by those playing Blackjack.  The title should be the Three Most Best Popular Betting Strategy because I can't find martingale as one of the best betting strategies since the majority of us frown on this betting method and most often leaves player's bankroll easily depleted.

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seleme
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July 17, 2022, 10:00:06 PM
 #39

Before choosing any game to apply martingale, gamblers should think about doing it in reverse. Reverse martingale works best on min 2x multiplier since chances are high to hit back-to-back winning streaks, unlike bigger multipliers. I have used a gambling bot to bet on roulette 2x but at some point it busts the whole bankroll due to unbeatable house edge. Anyways, blackjack or other skill-based games don't increase our chances no matter which strategy you apply to profit. Better to simulate the strategy with a "perfect Blackjack chart" before doing it with real bets.

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July 17, 2022, 10:05:02 PM
 #40

Before anything else, I would like to define Blackjack as a game of skill or skill-based gambling game.  Means we have more grasp on winnings the more skilled we are in this game.  With this I happen to read an article Titled: The Three Best Blackjack Betting Strategies.  I was somehow surprised when I see that Martingale betting strategy is one of the best betting strategies for Blackjack, I was kinda hesitant to believe it until I realized that BlackJack isn't a game of chance so it is sensible that Martingale Betting will give a better percentage in winning a gambling session.  Here is what the article explains about this strategy.

I agree that the use of martingale is beneficial in a game where the player's chance of winning does not depend solely on luck.
In games based only on luck, the player will always lose, as the math points to the house's victory, the use of martingale will only delay these losses and give the player a false sense of winning.

However, in a card game where strategy is mixed with skills, the martingale can indeed bring good results if used wisely and the player knows how to impose limits.

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