Martingale Betting Strategy on BlackJack, how effective it is?

[jakelyson]

Before anything else, I would like to define Blackjack as a game of skill or skill-based gambling game.  [...]

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?

I do not believe in martingale as pointed out by others here. The risks exponentially become higher the longer you lose streak.

And as you point out, blackjack is a skill-based game. Meaning you can win with skill alone, and if luck favors you, you can win more. I do not think you still needs to use martingale in it. What you need is to hone your skills more and practice counting without the casino catching you.

Besides, the tip came from a casino. Do you think they will give you something that will make them lose money? I don't think so.

[Rabi3]

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?

Bullshit article. I did not see any argument in favor of the fact that the Martingale in Black Jack is in any way different from the Martingale in other gambling games.
There is a simple rule: if you have a winning strategy, then it works without Martingale. If you have a "winning" strategy based on the Martingale, then you are deluded about its winningness and in the end you will lose all the money.

I couldn't have put it in a better way, it's so true what you just said, if you have a good strategy, you don't need the martingale system, and blackjack is mostly luck just like all casino games, and speaking on martingale system, you can win a couple of times but you'll end up losing in the long run.

[ralle14]

How about you what is your thought on Martingale betting strategy used on blackjack? Is it effective for this type of game?

From my experience, it'd be better to look for another strategy because even though blackjack requires a bit of skill it's still not enough to make any strategy that effective since blackjack still has that luck factor as you rely on the cards you get. I get that it's better to have skills when playing blackjack but to me, it seems like you're just making the most out of a certain situation since you can't really do much against certain rounds whenever a dealer gets so much good cards in consecutive rounds.

[Fundamentals Of]

This is silly to me. Martingale remains as Martingale regardless of which game it is used. Regardless if it is blackjack or not, Martingale will prove to be a wrong strategy in the long run, unless if you have a very deep pocket that you can absorb a long losing streak and could still manage to double every succeeding bet.

But, make no mistake, it is wrong to classify blackjack as a skill-based game. It isn't a skill-based game. There are indeed skills used in the game, but your cards are given to you randomly. So there is still a big amount of luck needed for you to win consistently.

[acroman08]

This is silly to me. Martingale remains as Martingale regardless of which game it is used. Regardless if it is blackjack or not, Martingale will prove to be a wrong strategy in the long run, unless if you have a very deep pocket that you can absorb a long losing streak and could still manage to double every succeeding bet.

I guess the creator of that article thought that because there is skill involved in playing blackjack, the player has a higher chance of winning rather than just completely relying on luck. I guess he never really factors in how much fund is actually needed or the rules casinos have put in place.

But, make no mistake, it is wrong to classify blackjack as a skill-based game. It isn't a skill-based game. There are indeed skills used in the game, but your cards are given to you randomly. So there is still a big amount of luck needed for you to win consistently.

compare to the majority of casino games? yeah, I'd consider blackjack somewhat skill base game.

[lienfaye]

How about you what is your thought on Martingale betting strategy used on blackjack? Is it effective for this type of game?

For me I dont see any difference in using martingale strategy on Blackjack or any other games. However there's an advantage if you're playing a game that is not only relying on luck, in short skills and strategy has a participation in order to maximize your chance to win. Its a risky strategy but can bring profit if the player has a huge bankroll and can bear losses even consistently. Because you cant tell how much money you need to spend first before winning the game.

[Don Pedro Dinero]

It is very effective for the Casino to make money at your expense. And the answer is in your 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.

This is simply not true because you do not take into account the total amount bet. The bottom line is that you bet increasing amounts to win the initial amount, which is small compared to the increasing stakes. Smaller and smaller.

Why martingale is PURE SHIT.

[mindrust]

Just like any other strategies/algorithms/patterns, martingale is also useless against the house edge and the other limitations. The casino protects itself with the house edge and most of them won't let you wager more than a certain amount. (maximum bet limit)

When a player uses martingale, he mathematically ruins himself.  Since blackjack is also a game where player is against the house, the limitations are pretty much there. There isn't much of a difference than playing dice using martingale.

[Dart18]

Better in blackjack than in dice? Possibly. But for a martingale strategy to work it requires a large amount of capital. There could be instances that the house will be on a good roll and keeps on winning every set of game. Ending up with nothing more to bet will cut the strategy leaving you with nothing in return.
But yes, it's better used in a game like that where there's a chance you might get 1/10 win. Pulling off that one win will clear things back with profits and then reset.

[Questat]

Better in blackjack than in dice? Possibly. But for a martingale strategy to work it requires a large amount of capital. There could be instances that the house will be on a good roll and keeps on winning every set of game. Ending up with nothing more to bet will cut the strategy leaving you with nothing in return.
But yes, it's better used in a game like that where there's a chance you might get 1/10 win. Pulling off that one win will clear things back with profits and then reset.

Regardless of the capital you have, I don't think it will work. For example, if you do martingale strategy on dice and let's say you have an infinite bankroll, do you think the casino will not limit your bet? I think it's a wrong perception that the martingale strategy would really work since a limit is always implemented in every casino.

[rahmad2nd]

Just like any other strategies/algorithms/patterns, martingale is also useless against the house edge and the other limitations. The casino protects itself with the house edge and most of them won't let you wager more than a certain amount. (maximum bet limit)

When a player uses martingale, he mathematically ruins himself.  Since blackjack is also a game where player is against the house, the limitations are pretty much there. There isn't much of a difference than playing dice using martingale.

yes I agree with this statement, many gamblers are stuck with the martingale technique, many believe that with a big bag they will be able to overcome a losing streak. However, many forget that the house has certain limits on each bet. especially for the game of blackjack, 10 times a person's losing streak will not be able to return the funds that have been staked. so I don't think there is a strategy that really guarantees victory, including the martingale. 
so I guess the answer is not effective.

[Viscore]

People take it in different way. I personally see anything with gambling needs to be luck than skills to develop strategies. Even with blackjack, if the player is lucky he'll get the right cards after shuffle as well as while making a draw. So, there are more luck factors that decides the winning/losing. This happens even when you play well with good skills and strategies.

Gambling alone is a game of chance and luck. Whether players come to gamble with prepared skills and strategies, i don't think they can easily win bets without luck in them. Although there are games that are sometimes considered skill based, but in reality the fact that you gamble, you should have more luck other then skills for it to work. Martingale may increase our chances to win but its certainly very risky that it could be a source of your quick losses and leaves you empty handed.

[famososMuertos]

It doesn't matter how big your final bet is with Martingale, you get your initial bet back, that's it. There are some variants but it is not the OP case.

Sometimes it's not just about applying a strategy, people complain a lot about martingale, but they have no idea of ​​additional information needed, they just understand that it's just doubling the bet and you winner.

In the case of blackjack, like roulette, they are successful but because you have a bankroll and an adequate bet, also do not forget to manage the odds, it is important to be more successful and avoid unnecessary long losing streaks that have a psychological effect on negative, depending on how experienced you are or how adequate your banking is.

I do not use martingale because of the size of my bet (Blackjack), it would break my bankroll, sometimes I have lost up to 6 times in a row and the calculations do not give me to apply it, it is easier for me to lose 7 times and then recover at long time.

It is a classic mistake of those who apply Martingale to think I have lost "x" times this one that comes if I win and that is when the variance does its thing.
In the case of roulette, it does not accept "skills", but in Blackjack you can "change" those odds of losing.

Then, retreat, stand, etc. they make the difference of not taking a loss +,  that they will make the next bet put you in limits that you do not manage and then they make you play badly, betting $500, $1000 in a BJ hand when you are not used to that size of bet, so it distracts you.

In any case, I think that everything always depends on the scenarios and what you want, so wagers, a winning streak, etc.
In any case, always do the  game calculations and be aware that if the variance decides that day to change things, if your limit is $1,000, a variation of one more loss means that you should have $2,000, by the way, if you have the capacity for large bets, find out what limits maximums the table has, "you can't double the bet", it is "fatality^{Mortal Kombat : )} for the strategy.
Considerations:

• Martingale is a game strategy, it is not a 100% winning ticket as they want you to understand, the strategy works for any scenario, not for any individual.
• Learn to play BJ.
• Use play money with that strategy before using your real money.
• Know and study the odds of the BJ.

[milewilda]

• Martingale is a game strategy, it is not a 100% winning ticket as they want you to understand, the strategy works for any scenario, not for any individual.

People should put up into their minds on whats martingale and how it should be treated.This isnt some sort of that holy grail where some people do believe on.They would really be finding
and realize those things once they have been fucked up with martingale strategy even on a BJ game it wont really be giving out guarantees that you cant really be having a long losing streak.
So better make use of this strategy on your own risk and dont push up yourself too much because you are indeed just trying these strategy whether you do end up on profitable
or getting wrecked.So the best thing to be done is knowing on when to quit when you are in greens.

[Fundamentals Of]

But, make no mistake, it is wrong to classify blackjack as a skill-based game. It isn't a skill-based game. There are indeed skills used in the game, but your cards are given to you randomly. So there is still a big amount of luck needed for you to win consistently.

compare to the majority of casino games? yeah, I'd consider blackjack somewhat skill base game.

Somewhat, yes. Because as I've said there are indeed skills used in blackjack. But those skills are secondary to luck. Whatever your skills in blackjack are if you are given a bad hand compared to the dealer's hand, you would lose. So the primary factor is still luck. Your skill doesn't help you if the dealer's hand is an ace and a 10.

Of course if you compare blackjack with roulette for example, blackjack is less of a luck game. But it doesn't mean luck doesn't have a significant factor to the point of calling the game skill-based.

[fortunecrypto]

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.

The article clearly stated that

this approach is best reserved for high rollers

means for serious players who are willing to put up whatever amount it takes to chase their losses small or big amount, anything that chases your losses on an ongoing session or in the past sessions are considered risky, it's not logical to chase a $5 loss on your $1000 bankroll, it takes away the fun and sets you out in risky behavior to regain what is lost and take profit.

[danherbias07]

Blackjack, dice, or any other games with speed in each round will have the same finale.
It will all depend on how deep the well of money you have as it is a martingale strategy.
A lot of trouble comes when a bad streak of losses happens. It might work though if you are using a currency with lesser value, that way you could start with dust, and even if it ends up in a losing streak the online casino will have no way to limit you.
Never used this strategy as it's expensive. I might use this one made by @seoincorporation although it will be time-consuming.
https://bitcointalk.org/index.php?topic=5406456.0

[Fredomago]

• Martingale is a game strategy, it is not a 100% winning ticket as they want you to understand, the strategy works for any scenario, not for any individual.

People should put up into their minds on whats martingale and how it should be treated.This isnt some sort of that holy grail where some people do believe on.They would really be finding
and realize those things once they have been fucked up with martingale strategy even on a BJ game it wont really be giving out guarantees that you cant really be having a long losing streak.
So better make use of this strategy on your own risk and dont push up yourself too much because you are indeed just trying these strategy whether you do end up on profitable
or getting wrecked.So the best thing to be done is knowing on when to quit when you are in greens.

If you don't know how to treat losing streak, this strategy will give you same outcome, it will wrecked your balance and burned everything inside your bankroll, it's more on your emotions that will dominate your game, once you experienced long losing streak your adrenaline to recover in the quicker manner will blind you up.

It's a strategy, but not all can utilize this system, either you tweak it and find some changes to favor you.

The best thing is to make sure that you understand the risk and you know when to quit to avoid losing all your money.

[Don Pedro Dinero]

It doesn't matter how big your final bet is with Martingale, you get your initial bet back, that's it.

That is the summary of what I said in my previous post, but what surprises me is that, despite the fact that what we are talking about has been known for 3 centuries, there are still many people who believe that it is a good strategy. If I were a casino owner or had invested in casino bankrolls as I did some time ago, I would be very happy to see how people are self-deluded to explain to themselves that martingale and its variants are good strategies.

I will post a source in Spanish but I will put the text translated into English:

Martingale

'The history of the martingale dates back to the 18th century. At that time, the martingale was regarded by the players themselves as a naive strategy and a strategy of rude minds. Its name originates from the French village of Martigues (martingales in French), which is located near Marseille.'

<...>

'An example that illustrates this strategy well is the heads or tails bet with a coin. Let's bet 1 euro on heads, and if it comes out wrong we double it.

An example that illustrates this strategy well is the heads or tails bet with a coin. Let's bet 1 euro on heads, and if it comes out wrong we double it.

We bet on heads. We lose Bet: 1 euro
We bet on heads. We lose Bet: 2 euros
We bet on heads. We lose Bet: 4 euros
We bet on heads. We lose Bet: 8 euros
We bet on heads. We lose Bet: 16 euros
We bet on heads. We win Bet: 32 euros

On the sixth throw we finally win, we recover the 32 euros invested and we also win 32 euros. The real profit is the result of subtracting from the 32 euros of profit all that was lost previously.

Winning = 32 - 16 - 8 - 4 -2 -1 = 1 euro'

Betting 63 euros to win 1 is objectively a bad strategy.

[KTChampions]

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 

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.

In general, it was a joke, but it follows from the logic of the article that this strategy is beneficial. Therefore, a naive player can believe this and try to play this way either by lowering the initial bet (thus he will be able to increase the bet by martingale for a while) or by borrowing money to play with a large bankroll. Both options will bring disappointment, but the second is extremely dangerous.