Martingale Betting Strategy on BlackJack, how effective it is?

[Gozie51]

Martingale is as good as gambling itself. Sure, you can try it. But it is either you recover your loss and even earn a little profit or you will go home quickly with nothing.

Is either you win more or lose more with the martingale style of betting because it involves you betting in consecutively in accumulation. You only end up being carried away with the potential profit that you are aiming for while if you miss it like you said, you come running home fast. There is nothing bad about martingale though for a big player who has more money to through in because he is making more chances for himself to win or recover the losses.

[wxa7115]

Martingale is as good as gambling itself. Sure, you can try it. But it is either you recover your loss and even earn a little profit or you will go home quickly with nothing.

Is either you win more or lose more with the martingale style of betting because it involves you betting in consecutively in accumulation. You only end up being carried away with the potential profit that you are aiming for while if you miss it like you said, you come running home fast. There is nothing bad about martingale though for a big player who has more money to through in because he is making more chances for himself to win or recover the losses.

Martingale has many flaws but one of the most obvious is the max bet allowed by the casinos, casinos know of the martingale strategy and an easy way to counter it is by setting a maximum amount of money you can risk on each bet.

This is effective because as we know in the traditional martingale strategy each time you lose you double your bet, so sooner or later you will reach a point in which you will lose several times in a row to the point your next bet will have to be higher than the maximum limit, and at that point your martingale strategy gets negated since you will not be able to recover all the money you have wagered in a single bet.

[Gozie51]

Martingale is as good as gambling itself. Sure, you can try it. But it is either you recover your loss and even earn a little profit or you will go home quickly with nothing.

Is either you win more or lose more with the martingale style of betting because it involves you betting in consecutively in accumulation. You only end up being carried away with the potential profit that you are aiming for while if you miss it like you said, you come running home fast. There is nothing bad about martingale though for a big player who has more money to through in because he is making more chances for himself to win or recover the losses.

Martingale has many flaws but one of the most obvious is the max bet allowed by the casinos, casinos know of the martingale strategy and an easy way to counter it is by setting a maximum amount of money you can risk on each bet.

This is not the fault of the casino that they have maximize for the player the potential to bet and win. It is left for the gambler to choose between guning for the profits at a roll or play one after the other to estimate and balance the risk appetite and profit longing for. This is why we need to bet as we can bear the risk.

and at that point your martingale strategy gets negated since you will not be able to recover all the money you have wagered in a single bet.

It is always a business for the casino and no credit play is allowed so automatically when you are short of fund then you have limit to what you can gamble and if eventually you are not able to come back from running low then you come back next time 

[Fredomago]

Martingale is as good as gambling itself. Sure, you can try it. But it is either you recover your loss and even earn a little profit or you will go home quickly with nothing.

Is either you win more or lose more with the martingale style of betting because it involves you betting in consecutively in accumulation. You only end up being carried away with the potential profit that you are aiming for while if you miss it like you said, you come running home fast. There is nothing bad about martingale though for a big player who has more money to through in because he is making more chances for himself to win or recover the losses.

Martingale has many flaws but one of the most obvious is the max bet allowed by the casinos, casinos know of the martingale strategy and an easy way to counter it is by setting a maximum amount of money you can risk on each bet.

This is effective because as we know in the traditional martingale strategy each time you lose you double your bet, so sooner or later you will reach a point in which you will lose several times in a row to the point your next bet will have to be higher than the maximum limit, and at that point your martingale strategy gets negated since you will not be able to recover all the money you have wagered in a single bet.

Correct, casino took advantage to counter martingale system, the chance that you will be having a lot of losing strict is very possible while playing inside the house, and with that limitations you won't be able to double your bet and you'll be force to bet only the amount that the house allows you, it will be an additional aggressiveness since you are into a losing side.

House understands that inside gambler's mind, they will keep trying to recover in a quicker way, in if shit happens to you instead
of recovering, you'll again suffer from another losing streak that will suck the entire amount inside your wallet.

[lionheart78]

Martingale has many flaws but one of the most obvious is the max bet allowed by the casinos, casinos know of the martingale strategy and an easy way to counter it is by setting a maximum amount of money you can risk on each bet.

The major flow of martingale is that it is very expensive.  It needs a huge fund to operate successfully and Casino thinks that this kind of strategy might be exploited by people with limitless bankroll so Casino saw this reason why they limit bets on their platform.

This is effective because as we know in the traditional martingale strategy each time you lose you double your bet, so sooner or later you will reach a point in which you will lose several times in a row to the point your next bet will have to be higher than the maximum limit, and at that point your martingale strategy gets negated since you will not be able to recover all the money you have wagered in a single bet.

Indeed the bet limit is very effective against the martingale betting strategy.  Plus the house edge makes it more difficult for martingale strategy.

[Gozie51]

Correct, casino took advantage to counter martingale system, the chance that you will be having a lot of losing strict is very possible while playing inside the house, and with that limitations you won't be able to double your bet and you'll be force to bet only the amount that the house allows you, it will be an additional aggressiveness since you are into a losing side.

House understands that inside gambler's mind, they will keep trying to recover in a quicker way, in if shit happens to you instead
of recovering, you'll again suffer from another losing streak that will suck the entire amount inside your wallet.

This is not even that the casino has influence as such over the amount of game or martingale strategy you use but if you run out of resources then of course you won't be able to play multiple games anymore but to play within the limit you have. People use martingale because to want to quick profit or accumulated profit.

[Text]

This is not even that the casino has influence as such over the amount of game or martingale strategy you use but if you run out of resources then of course you won't be able to play multiple games anymore but to play within the limit you have. People use martingale because to want to quick profit or accumulated profit.

I'd rather not use this kind of martingale betting strategy ever again, do you think this is a quick profit method? Of course not, the opposite will happen. I don't consider this as effective, the chance of getting lost over, again and again, is more possible.
I will not risk high bets just to win a base bet.

[skarais]

OP to be honest I have never applied that strategy to a blackjak game but maybe I can say that the martingale strategy will not be effective in the long term. I wouldn't use that strategy for many occasions but it might be worth a try and get some luck on craps, crashes, or maybe sports betting.

So far I'm not familiar with the martingale strategy, so it's definitely not working for me. But anyway, I think it might be good for some very lucky people if they manage to win on their umpteenth try.

[LUCKMCFLY]

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.

On very few occasions I have been with a game of martingale in the strategy playing Black Jack, but from my own experience it has not gone very well for me, I do not know if I have applied the strategy at a bad moment, I would not know how to tell what the moment is more suitable to do it, but I feel that I still need it, and I think that the martingale strategy is too dangerous, because it is very easy to lose everything. However, I greatly admire those who apply this strategy and do well, and they manage to be very successful, but I think it is a very risky, very reckless strategy, thanks to this I hardly apply it.

In a personal opinion, I once applied the martingale in a game of poker, or it could be said that the martingale is applied when you make very high bets and each time they are superior to each other, under which, it has given me very good results , but after I take the risk and if it is beneficial for me, I still regret it, ´because I feel that I have been irresponsible, and even though the adrenaline feels 1000%, it is not good to take this type of risk when you can enjoy the game much more, I think this could kill the illusion of any player who is starting out in poker and the risk makes him end up with nothing.

[cryptomaniac_xxx]

This is not even that the casino has influence as such over the amount of game or martingale strategy you use but if you run out of resources then of course you won't be able to play multiple games anymore but to play within the limit you have. People use martingale because to want to quick profit or accumulated profit.

I'd rather not use this kind of martingale betting strategy ever again, do you think this is a quick profit method? Of course not, the opposite will happen. I don't consider this as effective, the chance of getting lost over, again and again, is more possible.
I will not risk high bets just to win a base bet.

Again, it boils down on your capital and your risk appetite, for some maybe just used this strategy if you started on a winning and maybe just go for 3 or 4 successive runs (reverse martingale) and that's it.

But if you wanted to take full advantage and willing to go all in and attempt more runs, it's up to you. Nevertheless, there is no perfect strategy and casino knows that if you are a whale and have big capital, you might attempt this strategy so they put a limit for such bets.

[jostorres]

OP to be honest I have never applied that strategy to a blackjak game but maybe I can say that the martingale strategy will not be effective in the long term. I wouldn't use that strategy for many occasions but it might be worth a try and get some luck on craps, crashes, or maybe sports betting.

So far I'm not familiar with the martingale strategy, so it's definitely not working for me. But anyway, I think it might be good for some very lucky people if they manage to win on their umpteenth try.

I think the reason why martingale doesn't work in the long run is because there is an house edge and this makes the casino won the longer the player places a bet. Like you, I never tried martingale on black jack but I only use it on a dice game and I think that it feels very weird if I will apply the method on any other games. It's been a long time since I abandoned this strategy and whenever I play dice now, I just bet flat using the auto bet feature. I feel that the game is more fairer that way than the other.

If you're not familiar with a certain start then you better not use it for a real game as there is a big chance that you can lose but you better practice it first in the demo version of the game or by using some play money if possible.

[Wexnident]

On very few occasions I have been with a game of martingale in the strategy playing Black Jack, but from my own experience it has not gone very well for me, I do not know if I have applied the strategy at a bad moment, I would not know how to tell what the moment is more suitable to do it, but I feel that I still need it, and I think that the martingale strategy is too dangerous, because it is very easy to lose everything. However, I greatly admire those who apply this strategy and do well, and they manage to be very successful, but I think it is a very risky, very reckless strategy, thanks to this I hardly apply it.

It's not really a "bad moment" kind of thing imo, though it's just the martingale is a really bad strategy to use. It isn't really a strategy that improves the chances of you winning, nor does it improve the chances of you breaking even. It's just a strategy that says "IF you win even once, you get all your money back". I had to bold the "IF" because that IF encompasses the fact that no your chances of winning isn't increasing and no, your profit realization isn't anything big actually, it just lets you break even. It's not even about doing well, it's just you having enough money to reach that big IF moment so that you can get everything back.

[adzino]

Yeah, I doubt that "strategy" would work. All casino has an house edge, for which in the long run you will be losing your money to the house no matter what strategy you use. Blackjack does depend on some skill, but most of them are based on luck. You might be luck on first few rounds using the martingale strategy, but keep gambling using the same strategy, you will end up with having almost nothing left with you. The best and most effective strategy is to quit when you are winning or if you have lost a lot.

[Fredomago]

Yeah, I doubt that "strategy" would work. All casino has an house edge, for which in the long run you will be losing your money to the house no matter what strategy you use. Blackjack does depend on some skill, but most of them are based on luck. You might be luck on first few rounds using the martingale strategy, but keep gambling using the same strategy, you will end up with having almost nothing left with you. The best and most effective strategy is to quit when you are winning or if you have lost a lot.

The knowledge itself can be used as your advantage when using this strategy, I mean if you have good control with your appetite with how much to set your target both win and lose amount, you may have good result but long term and keep playing without any restrictions or control house edge is the key factor where house always win, and sooner or later using martingale will annoyed you especially if losing streak shows up unexpectedly. The long red will keep you from pushing forward and will lead you to Yolo and lose everything after.

[Mauser]

Yeah, I doubt that "strategy" would work. All casino has an house edge, for which in the long run you will be losing your money to the house no matter what strategy you use. Blackjack does depend on some skill, but most of them are based on luck. You might be luck on first few rounds using the martingale strategy, but keep gambling using the same strategy, you will end up with having almost nothing left with you. The best and most effective strategy is to quit when you are winning or if you have lost a lot.

Martingale is a valid strategy when it comes to gambling, it's not a guaranteed win but it helps to recover all previous losses with winning one game. In Blackjack the most basic strategy has a winning chances of around 42%, with more advanced strategies this can be increased to 45% and higher. But even the best strategy will remain below 50%, only card counting is a valid strategy that will bring our winning chances to above 50% consistently. So the more Blackjack we play the closer our results will be to the average numbers. With that in mind we can run a martingale strategy on top of any advanced Blackjack strategy. The drawbacks of martingale strategies are they require a lot of time to make a decent profit, because of fairly small bet sizes and you need a large bankroll to cover a losing streak. As long as we can avoid a losing streak that is so long that it wipes us out we will be fine. The important thing is to not look at martingale as a strategy that will work 100%, there can be outlier and tail events that will be very costly.

 

[Sensetive03]

martingale requires high patience. and no one can do that.. in the end the casino wins again

[Don Pedro Dinero]

Martingale has many flaws but one of the most obvious is the max bet allowed by the casinos<...>

That's not the most obvious flaw. The most obvious one is to think that continuing to double the bet in order to recover the initial bet is a good strategy for anything at all.
Betting $1, then $2, then $4, $8, $16, $32 etc to win $1 net is pretty dickheaded.

[Smartprofit]

The martingale strategy in blackjack does not allow you to beat the casino if you play often. 

Yes, if you only play one game, you will most likely win it.  But most likely you will want to play a few games.  And that will lead you to failure.  There are no guaranteed winning strategies in gambling based on luck. 

Martingale is a good strategy for players who do not like to lose very often, but like to lose rarely, but large sums of money.  Such people can use the martingale strategy.

[rahmad2nd]

Yeah, I doubt that "strategy" would work. All casino has an house edge, for which in the long run you will be losing your money to the house no matter what strategy you use. Blackjack does depend on some skill, but most of them are based on luck. You might be luck on first few rounds using the martingale strategy, but keep gambling using the same strategy, you will end up with having almost nothing left with you. The best and most effective strategy is to quit when you are winning or if you have lost a lot.

the problem of working or not I think depends on luck too. using a progressive strategy like martingale is actually quite effective in black jack games (with a note of being lucky). 

the real problem is self-limitation, sometimes we don't really know when is the right time to stop playing, especially when we are getting consecutive wins, yes this is a common problem regardless of the betting system someone uses when gambling. or even the opposite, we can run out of money before winning.

and some of the fact that houses usually have a minimum bet limit that we might reach if we really have an unfavorable loss and I think it's hard to say to be able to recover all losses.

[acroman08]

martingale requires high patience. and no one can do that.. in the end the casino wins again

true, it requires patience but what martingale's strategy really requires is an extremely huge fund, without it, you'll eventually lose. also, aside from that, online casinos and physical casinos have put a maximum bet rule on their games which further makes the martingale strategy useless.