Martingale strategy in casinos

[_act_]

With using martingale strategy, you decrease your chance of winning.

I do not completely agree with this. I do not agree completely because you can use martingale strategy to win and it gives you more chance to win than lose, but loss is still something that can happen while gambling. Even if you are gambling too often, losses are closer. Betting requires discipline and to be satisfied with little profit won already.

Assuming if you have $100 to spend in a day. You can bet at ones and lose or win, the win or loss would only be bigger. If it is loss, it would be a pain in the ass.

But with martingale strategy, you can start with $10 dollars. If you win, just do not play again. If you lose, you can use $30 next, if you win, you will win far more than $10 that you lose, then stop gambling for that day. If you lose, you can go for $100 which is the final for that day, if you win, you will win more than $40 that has been lost already.

But if you lose the third time, that is a big blow on the gamblers head, but using the amount of money someone is able to afford to lose for gambling is the advise.

Some people use martingale strategy to win while some people use it and lose, but if you use it, you need discipline.

[uneng]

Some people use martingale strategy to win while some people use it and lose, but if you use it, you need discipline.

The more you play, more likely it's going to be that you are going to lose, what is inevitable at some point, due to hiting the called long term in gambling and also due to the house edge, which is the small advantage the house has against gamblers. You need discipline to not waste all your money at once and to not lose more money than you can afford to lose, although you must be always prepared to lose money when using Martingale strategy.

The strategy is pretty efficient on short term, but the problem is that we never know when it's going to stop working... It can be on your next bet or after the 100th bet.

[Vaskiy]

However we control ourselves, we easily fall to this strategy. My most preferred game is Dice and when we're in loss we try to recover back what we've lost. In such event mind will be out of control and at times the strategy works, but most of the time it once again eats our profit. Martingale strategy never be trusted, users who have a big holding of fund could give a try, but at same time even the high roll on martingale is risky.

[harizen]

Martingale is not a strategy, to begin with. It's more of a betting method. Let's also take note that casino games are more luck-based games. Regardless of any applied strategies, losing is more likely to happen in the long-run, honestly, even in the short-run.

The best thing to when dealing in a casino games is, put up a strategy that will make our bankroll last for long.

If winning big, learn to take a break. If losing big, also learn to take a break. Discipline is the key.

[khaled0111]

It does not work for some people because they do not plan it very well, or when they lose they continue to gamble more and more after the strategy that has been used and failed, instead not to gamble for that time again they will continue to gamble. It may not work also if you are using too much money to gamble.

If you use the strategy, it should be in a way that you win and leave. If you first lose, you use the money that is enough to win the second after losing the first and win much more than the money lost at first and so on until the amount of money that you can use for that period of time has been exhausted

It doesn't work no matter how you set the parameters especially on the long run.
In almost all luck-based games, each round is independent of the previous one so there is no guarantee that if you lose the current round you will win the next one, even your chances of winning will remain the same and won't increase as many gamblers believe. There is always a chance to start your session with a long losing streak which may drain your balance and you should consider this possibility.

[Wexnident]

There are a LOT of discussions about martingale so if you're interested in reading through some of them, then I'll link some below. To add my opinion to it, it's not a strategy, it's just a method that ensures that as long as you have money that you can bet, you can break even at some point in time. That's not really winning, that's just playing their game and for some reason hoping that you still get away with equal amount, instead of the intended purpose (imo) of winning all or nothing in gambling. And with how the casinos always win due to house edge, I don't really think it's a strateg yto follow.


https://bitcointalk.org/index.php?topic=610339
https://bitcointalk.org/index.php?topic=1376827.0
https://bitcointalk.org/index.php?topic=5406600.0

[lienfaye]

Martingale strategy in casinos. How do you feel about it? 

We usually try this strategy if we're desperate to recover our losses quick. But it can also drain your bankroll fast if you're not lucky to win the bet. I tried this many times when i'm losing my patience but the result is often not what I want it to be. Thus, it's not advisable especially if you only have small funds when you're playing. Martingale is not an effective strategy to win, therefore if you'll use it, be aware of the risk.

Anyway, as others have said already this topic has been discussed before in other threads. Hence you can read those to get more idea of the user's opinion regarding the matter.

[sashapan]

Martingale is not a strategy, to begin with. It's more of a betting method. Let's also take note that casino games are more luck-based games. Regardless of any applied strategies, losing is more likely to happen in the long-run, honestly, even in the short-run.

The best thing to when dealing in a casino games is, put up a strategy that will make our bankroll last for long.

If winning big, learn to take a break. If losing big, also learn to take a break. Discipline is the key.

Do you have your own strategy that you've developed?  ???Develop your own strategy is an option.... For example, I sometimes use a strategy, X3-and when losing increase bet 69%, and stop betting when losing 5% of the balance This allows me to win back a loss on a smaller X 

[Mauser]

Martingale strategy in casinos. How do you feel about it?  My little experience sometimes comes with a good result) but more often the result is negative

Martingale is my preferred gambling strategy, you know exactly how much to gamble with each bet and with only one win we are going to recover all previous losses. The main problem with the martingale strategy is that if we don't manage our bankroll properly we are going to go bankrupt in a losing streak before recovering. That's why it's important to start small with only a tiny fraction of our overall bankroll. 1.8x is a good multiplier, the highest I would go with martingale is 2x.

[_act_]

However we control ourselves, we easily fall to this strategy. My most preferred game is Dice and when we're in loss we try to recover back what we've lost. In such event mind will be out of control and at times the strategy works, but most of the time it once again eats our profit. Martingale strategy never be trusted, users who have a big holding of fund could give a try, but at same time even the high roll on martingale is risky.

Martingale strategy should not be trusted especially if you are losing already. If you lose but still not go beyond the range of the martingale strategy that you are using, it is still good to lose and still follow the strategy, but ones the range is beyond, you should not continue to gamble because the loss with martingale strategy is very huge, better not to gamble at the time again.

I have not used martingale strategy before because I was losing, I use it to start to gamble and anytime I win, I have won for the day and I stop gambling for that day. I do use it at later time after several losses, because I know that any loss further can be huge while using the strategy at a later time while gambling.

[inthelongrun]

Sometimes it works and sometimes it won't. Casinos wouldn't have survived if Martingale is that effective. Martingale is a strategy that needs deep funds and these casinos have deeper funds than us. The danger of Martingale is if we are playing beyond our budgets. There's also the house edge which will make it more difficult to overcome when we are into a string of losses. So I just stick with my little bets without doing Martingale. Betting is for fun anyways so no hard feelings and no overspending to avoid problems.

[Gianluca95]

Martingale strategy in casinos. How do you feel about it?  My little experience sometimes comes with a good result) but more often the result is negative

Well sir, Martingale strategy is good only if you really know what you're doing and only if you really know how to manage your bankroll (it is so easy to lost it); also, you should consider that expected return aren't so high,

so, you have to take many risks only for earn the same amount of the initial bet. I would try another strategy, martingale one isn't so good.

[mindrust]

Martingale strategy in casinos. How do you feel about it?  My little experience sometimes comes with a good result) but more often the result is negative https://i121.fastpic.org/big/2023/0408/0e/4a52e2b3b6f6e455af7e3163dd0b060e.png[/ima

It has been discussed a thousand times before. Martingale sucks. End of he story. The only thing martingale is good at, making you poor. As long as there is a house edge involved, and 99 times out of 98 there is, martingale only ensures that you are going to lose in the long run. If you want to win against the casino, you need to play once, wager all your bankroll and hope for the best. If you are lucky, then you are lucky. Good for you. If not, nobody cares. When you do martingale, your winning chances go out if the window.

[len01]

In my gambling history, only once did I use the martingale strategy in a roulette game and it ended very badly for me when luck was on my side, my balance was quickly drained without anything left.
after that bad experience i never used the martingale strategy again and i think the martingale strategy is for those who have big balance in their bankroll. if you only have a small bankroll it will only waste money quickly.

but you have good experience using martingale strategy in dice game, I consider you very lucky.

[bitbollo]

Martingale strategy in casinos. How do you feel about it?  My little experience sometimes comes with a good result) but more often the result is negative

Martingale is my preferred gambling strategy, you know exactly how much to gamble with each bet and with only one win we are going to recover all previous losses.

...

Think about it for a minute... you're playing a strategy that allow to... earn 0 ! Or at least you can just recover your loss or win from the first bet! Meanwhile you're risking an indefinite amount (or a big multiplier of your first streak!)
Make some maths guys, martingale in games where it's easy get a long streak of losses is something devastating for finance and requires and endless wallet, with the chance to earn just a basic bet!

[tusandii]

The martingale strategy is sometimes quite good if done in games you can rely on, such as dice or roulette.
But we need to realize that this strategy requires quite a lot of money and not all gamblers can do it and are willing to spend large amounts of money just to bet because most of our gamblers are small gamblers who play when they have free funds.
I myself have tried this strategy several times with only limited capital and in the end it just ran out without anything left. After I studied and conducted research, large amounts of fresh funds were indeed the main supporters of the martingale strategy.

[piebeyb]

I also use martingale in the game of Limbo sometimes wins a lot but mostly loses playing there, I've never had a problem using that strategy with a side note I've used other strategies too but yeah the results are the same so I don't really care what wins I know I'm playing for filling my free time watching football matches and betting on those matches while playing limbo.

[sashapan]

I also use martingale in the game of Limbo sometimes wins a lot but mostly loses playing there, I've never had a problem using that strategy with a side note I've used other strategies too but yeah the results are the same so I don't really care what wins I know I'm playing for filling my free time watching football matches and betting on those matches while playing limbo.

I also play limbo, but I like dice more) And I see that you also play in this casino, you have a signature you participate in a subscription campaign?

[madnessteat]

Many gamblers use Martingale strategy in their gambling, someone modifies it, but I am sure that most of us at least once in our lives have played by this strategy.


I have lost a few times using this strategy, so I would like to warn newcomers who are confident that this strategy is a win-win. This is not true and a lot depends on luck and the size of your bankroll.

[Strongkored]

There are many gamblers who will always use this strategy because they try their luck because if they are lucky it is quite fun but unfortunately players find it difficult to stop every time they have succeeded with this strategy several times because they always think it will go the same way and the end of the game is the balance is increasing but the reality is the opposite. So this strategy will never work well in the long term because if it does, the casino will lose because players understand how to get certainty of winning by using this strategy. It doesn't matter how much money you use because eventually it will be hit by the max bet.