Martingale strategy in casinos

[wheelz1200]

This strategy has been used over and over and while yes for a time it can work but if you follow it all the way through it will eventually bankrupt you.  If it is as easy as following a step by step strategy like martingale then everyone would do it and bankrupt the casinos.  Quite the opposite really.  You can try it for a time but don't do it everytime.

[aioc]

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

Unfortunately for you, you are late to find out that martingale is one of the worst strategies that you can employ, it's strategy newbies thought that they can use to beat the house, many have tried it and even posted the strategy here in Bitcointalk but after a few days they realize it's not going to work.
I also tried this strategy out of curiosity, but even a big bankroll is not enough to beat the house, the house edge will eventually beat you, its preferable to do a lot fo variations on your betting not following a method, you have a better chance if you do this.

[stomachgrowls]

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 the most common strategy which is to be used on Dice games or even on some luck-based games like Roulette or even on crash games which you would be doubling out your bet when you are at loss
and reset when you do win. Yes, it is something that considerable but when it comes to profitability then there's no assurance that it would really be ending up positive. There's no such thing about infinite bankroll
on which means that if a long lossing streak would be on the way, then you would be seeing yourself that get fucked up and you would entirely blown up your balance in a snap.

[Lanatsa]

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 the most common strategy which is to be used on Dice games or even on some luck-based games like Roulette or even on crash games which you would be doubling out your bet when you are at loss
and reset when you do win. Yes, it is something that considerable but when it comes to profitability then there's no assurance that it would really be ending up positive. There's no such thing about infinite bankroll
on which means that if a long lossing streak would be on the way, then you would be seeing yourself that get fucked up and you would entirely blown up your balance in a snap.

I have that worst losing streak which is on 30x which is on stake site which i did really have that kind of reaction that it was indeed impossible to reach up that point. I have set out the minimum bet or in sats
but still it did end up on losing or the balance had been wiped out on the time i had came back on my pc after a meal.It was just stopped because balance is not sufficient for the bot to ogo on.
Martingale is really not that something you can rely or any strategies that you could known for.This is why its better not to make yourself expect that any strats would be used will really be guaranteeing wins.
This isnt existing on the first place because gambling is purely relying on luck and on the time you do make use of martingale then you should know on when to stop when you are gaining.

[348Judah]

This strategy has been used over and over and while yes for a time it can work but if you follow it all the way through it will eventually bankrupt you.  If it is as easy as following a step by step strategy like martingale then everyone would do it and bankrupt the casinos.  Quite the opposite really.  You can try it for a time but don't do it everytime.

I don't think i constantly stick to a particular strategy in gambling especially when it's time for me to gamble with all desperation for a winning, gambling is quite unpredictable but our focus has to be centered on the results that may come aftermath, then this also talks about the money used if its well considered enough along with the gambling strategy that create us every opportunity for a winning when we gambles.

[Finestream]

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

You should learn from it based on your experience, and since the result is mostly negative than positive ones, then its a sign to avoid it so you can refrain from losing your huge funds. After all, martingale strategy is only good for those who have high bankroll account, as they won’t totally be affected if they’re losing consistently, but if you are only a minimal earner and has tight budget on gambling, I believe martingale strategy will only push you to more losses rather than expecting a huge win instantly.

[roslinpl]

The strategy was the needed one in gambling by the gamblers on certain game. Many people opinion on gambling is all the games in gambling was based on pure luck based. But this was not true, many games was based on the strategy also. The most popular slot game can be played with the strategy, if you create your own strategy for the game. The game can be played with n number of times to recover loss or increase the betting to highest point of profit. Many gamblers was gained huge profits from the gambling with short period of time. The next strategy based game was sports bet and specially the football match of many leagues. So every time, the gambling sites will allow us to earn some money from the betting on the football game and also on some sports like cricket.

[AmoreJaz]

This strategy has been used over and over and while yes for a time it can work but if you follow it all the way through it will eventually bankrupt you.  If it is as easy as following a step by step strategy like martingale then everyone would do it and bankrupt the casinos.  Quite the opposite really.  You can try it for a time but don't do it everytime.

I don't think i constantly stick to a particular strategy in gambling especially when it's time for me to gamble with all desperation for a winning, gambling is quite unpredictable but our focus has to be centered on the results that may come aftermath, then this also talks about the money used if its well considered enough along with the gambling strategy that create us every opportunity for a winning when we gambles.

as long as you know your financial limits, you can devise a strategy on how to use it on your game. however, there's always no guarantee that you will come out as a winner using your strategy. there's always house edge that you can't avoid from. and that is like a blind spot for every gambler.
there may be some points where you are winning with your strategy, but should know when to stop to take advantage of the strategy. otherwise, you can easily go home as a loser even if you feel you've done your best to implement such strategy.

[alegotardo]

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

The Martingale strategy has been used by many people in the past and today, it attracts bettors because it creates a "beautiful" illusion in which it's believed that you can never lose money because it's extremely unlikely that there will be 10, 15 or more losses in a row.
However, it isn't impossible and when this happens the damage is so great that it "swallows" all your balance, greed and belief that it was impossible to happen.

Martingale is a good strategy, but if applied alone it won't make you money, just lose it in a more painful way.

Set limits for the bets multiplication and maximum daily losses.

And if you're lucky enough to hit a big jackpot, be glad and take a break, you don't have to break the casino in a single day

[Don Pedro Dinero]

Martingale is a good strategy, but if applied alone it won't make you money, just lose it in a more painful way.

Don't you realise that you are contradicting yourself? Martingale is a strategy that people use to lose money believing that making some variation will work for them. It has been explained numerous times on the forum. It is useless because you double the risk each time to win only the initial bet. If you add to this the fact that the bookmakers have betting limits to prevent the bank from breaking and that bad streaks end up happening, you will realise that it is a terrible strategy.

It is a strategy with which people want to deceive themselves, but deep down they know they are wrong, like the OP:

My little experience sometimes comes with a good result) but more often the result is negative

[Solosanz]

Martingale strategy is only nice in theory, but you will see it's a bad strategy when you're try it.

Martingale strategy will not work because not many have a lot money to gamble and something bad happen is possible like the casino limit your account or confiscate your money if they consider it as an illegal practice, of course this situation only happen when you're make money, but if you're lose the casino will not care about it.

[coin.princess]

Bankroll management is important not because you are following the martingale does it mean you are going to win easily. Well I actually used this strategy in roulette and guess what in long term you will be losing no matter what as the casinos always have edge so it is a matter of bankroll management, if you win try to take a break maybe a day or so before continuing to play again I find this kind of strategy effective to me. Also, if you are going to use it in long run you should set a stop limit.

[piebeyb]

Martingale strategy is only nice in theory, but you will see it's a bad strategy when you're try it.

Martingale strategy will not work because not many have a lot money to gamble and something bad happen is possible like the casino limit your account or confiscate your money if they consider it as an illegal practice, of course this situation only happen when you're make money, but if you're lose the casino will not care about it.

This martingale strategy is easy for beginners to understand because in theory it looks convincing that it can be used to beat the house, even though trying this strategy is really bad. not a few people have lost a lot of money using this strategy, the importance of experience in finding many strategies is important, especially how we play gambling. I often use this strategy in several games, sometimes I often add another touch to solidify this strategy, even though I lose in the end

There won't be anything bad as an honest player, even though the casino never cares about our losses, usually in many cases other casinos will have problems with our account, when we get a big win, but this is gambling because of course the house won't let you bring in a lot of money from their site, but so far playing at a trusted casino I've never had a problem withdrawing. it is difficult to make money from any strategy because in the end the house will always win. so play for fun 

[Taskford]

Martingale strategy is only nice in theory, but you will see it's a bad strategy when you're try it.

Martingale strategy will not work because not many have a lot money to gamble and something bad happen is possible like the casino limit your account or confiscate your money if they consider it as an illegal practice, of course this situation only happen when you're make money, but if you're lose the casino will not care about it.

I notice this strategy is used by those people want to earn by referral, they use this method to convince people to try up the casino games they offer to them then telling that they have working strategy to use and get more higher chance to win. But in reality this strategy is not actually accurately working maybe there are times that some who use it win but they provably realize in the long run that this will never work for them since all will be in random or shall we say the game still based on luck.

[Porfirii]

I think I remember the first time I heard about Martingale was in Nassim Nicholas Taleb's Black Swan, although I may be wrong. In any case, it is a great book, if you haven't read it yet, to learn about statistics, chance, etc.

The only strategy that guarantees a positive outcome in gambling is to find a bug somewhere and exploit it, like some people managed to do in a few badly planned lotteries in the last century. Of course, the modern use of this technique in online casinos is forbidden or even illegal, and I'm not encouraging such behaviour, but the idea is that there is no 100% winning strategy for the gambler in a well built, flawless system which ensures that the bank always wins.

[Davidvictorson]

The Martingale strategy in casinos is one of the strategies that looks as if it is great in theory when in reality, it is not. I usually advise beginners to avoid it because it may look perfect in the short term but you going to lose big if sustained. The risk with this strategy is just too high and it is evident that the loss will be significant. Besides, I think this is a strategy for people with deep pockets and those with high risk tolerance.

[darewaller]

It doesn't work unless you have deep pockets. It will just take a long time before you feel the profits of it which in the long run becomes a boring thing.
Never have I seen a gambling strategy that does work, especially in online casino games. That is one of the biggest reasons why I chose sports gambling instead. Why? Because somehow I could increase the chances of winning a game by using analysis and histories of a player or a team.
Just play the game and enjoy it if you can because do remember the house will always win.

And you have lady luck on your side to win using this method. So it's doable, but as you have said, you need to have deep pocket + lucky to strike and make money out of it.

I will be honest that I used this method on card games like baccarat, but I'm not going to risk to go on a run. 3 successive wins for me, doubling my bet every time is good and I will stop and stand up already and maybe take a rest if I'm in a land base casinos or try any other games or even go home with my winnings already.

If lady luck is on our side, we can win even if without using a strategy but does strategy really work in gambling? I think they are only built there to fool gamblers and to make them spend more money. If someone has a deep pocket, casino still has a betting limit and your bets will stop to prevent you from hitting your target. That is how wise the casinos are. They are always ahead of us.

I never thought martingale can be applied on baccarat but when we hear the word martingale, the first and only game that will come in our mind is dice. That is because dice has a different mechanics than any other games but it's great if you stop gambling early as long as you already won. You surely know that gambling is cruel. It will only make you happy and excited at first but eventually, they will make a revenge and you can end up losing, more than what you have won.

[len01]

The Martingale strategy in casinos is one of the strategies that looks as if it is great in theory when in reality, it is not. I usually advise beginners to avoid it because it may look perfect in the short term but you going to lose big if sustained. The risk with this strategy is just too high and it is evident that the loss will be significant. Besides, I think this is a strategy for people with deep pockets and those with high risk tolerance.

not only in the long term but in the short term if the initial bet is large, it will quickly suck up your balance in the short term and it will be very short. anyone who sees the Martingale strategy will surely think it's easy enough to do it, but our balance is difficult to carry out this strategy, even big gamblers can go bankrupt if they use this strategy in unlucky circumstances.

[QueenVera]

I don't really see this strategy as a very profitable one especially if one doesn't have the required money and there are also possibilities of blowing ones account while practicing this very strategy because I don't see any reason why one should increasingly make their betting amount higher at every time they make a loss with the hopes of recovering the losses of the previous bet and I see tis strategy as more of chasing losses because the moment one consciously increases their bet amount after every loss, then, there are greater chances that tye gambler is already chasing their losses ad everyone knows that this very type of game and strategy don't really end well.

[virasisog]

Even new gamblers are now applying martingale strategy because of casino ads promoted by influencers saying that gamblers could win higher by applying it. It is actually a risky strategy because we will also be needing a higher capital and the chances of losing could also get higher. This strategy is almost the same as chasing our losses which could result in regrets in the end. It could work on a short-term basis but it wouldn't work in the long run.