Martingale strategy in casinos

[Kemarit]

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.

Oh, I'm not aware that it is being promoted by influencers, but we all know that martingale is a hit or miss, and it is still base on our lucky. And yes, if you want to cover at least 8 levels deep, you need to have a big capital at the start, otherwise you will just lose everything is let say the start if you have like 3 consecutive losses. So again, even if influencers are promoting it, we shouldn't be sway to used that strategy unless you really know what you are doing or you are a experience gamblers. Because for beginners, this strategy is not recommended.

[1714671985]

1714671985

[Cling18]

I tried doing martingale strategy as I have read some success stories of gamblers about it but I must say that it is not for everyone. I had a bigger risk because I believed that I can recover from my losses by increasing my bet. A gambler who continuously applies this strategy can possibly lose a higher as he tries to win back his losses. I don't think it's profitable especially if we will apply martingale in all the gambling sessions that we have. I'm sure that experienced gamblers can also testify the same thing.

[Casdinyard]

The martingale strategy only ever works if you have a greater capacity to take losses and put in higher bets, that's why it's the strategy for high rollers as they say. But if you're a regular bettor or someone who's not willing to go all out, it's not going to be your cup of tea. Better to employ other gambling strategies that would better improve your winning chances than putting your money to chance and hoping for the best. Personally I wouldn't even call it a strategy as it's just bait for gambling addiction to set in and take over your life, but you do you i guess. In any case, Martingale wouldn't normally work for everyone, and as you OP have stated, for the most part it's not working in your favor.

[madnessteat]

I tried doing martingale strategy as I have read some success stories of gamblers about it but I must say that it is not for everyone. I had a bigger risk because I believed that I can recover from my losses by increasing my bet. A gambler who continuously applies this strategy can possibly lose a higher as he tries to win back his losses. I don't think it's profitable especially if we will apply martingale in all the gambling sessions that we have. I'm sure that experienced gamblers can also testify the same thing.

I absolutely agree with you. The Martingale strategy sooner or later leads every gambler to a loss, no matter how much money he has and how experienced he is. So using this strategy, do not forget that gambling can only be played with free money and never overstep the limits set by yourself. In fact, only you decide how much money you can lose and luck determines how much you will win.

[slapper]

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.

For real? That Martingale strategy is a one-way ticket to Loserville! Yeah, it might pull through short-term, but long haul? It's like flushing your cash down the drain. Chasing losses and hoping for a major come-up? Who buys into that baloney?

Casino ads be hyping this strategy, but it's all just a mirage. They're scheming to sucker innocent gamblers into parting with their dough. Don't get caught in their web! Maybe consider a more fly and legit strategy?

Keep it 100: the house stays winning, but that ain't stopping you from having a blast gambling. Just don't let 'em play you with their phony tactics. Stay woke and keep that side-eye strong, and you'll rise above the rest.

[rahmad2nd]

I tried doing martingale strategy as I have read some success stories of gamblers about it but I must say that it is not for everyone. I had a bigger risk because I believed that I can recover from my losses by increasing my bet. A gambler who continuously applies this strategy can possibly lose a higher as he tries to win back his losses. I don't think it's profitable especially if we will apply martingale in all the gambling sessions that we have. I'm sure that experienced gamblers can also testify the same thing.

Whatever strategy you apply, basically the luck factor plays the most big role.  in fact, everyone is entitled to use any kind of strategy in a gambling session, or we can say some kind of technique or method. but what is certain, whatever the methods, strategies and techniques, gamblers must be prepared to lose the money they risk. especially, in luck-based game types.

To be honest, I don't dare to take the risk to use the martinggale method. however, in fact we can work around this without having to double every round in the game. I mean, we can wait for the right moment to multiply the bet in one round. but still, there is always a risk. and most importantly you must first understand how gambling works, we can even apply it to the type of game you will play. The most important part, gamble for fun and not for instant money.

[serjent05]

The martingale strategy only ever works if you have a greater capacity to take losses and put in higher bets, that's why it's the strategy for high rollers as they say. But if you're a regular bettor or someone who's not willing to go all out, it's not going to be your cup of tea. Better to employ other gambling strategies that would better improve your winning chances than putting your money to chance and hoping for the best. Personally I wouldn't even call it a strategy as it's just bait for gambling addiction to set in and take over your life, but you do you i guess. In any case, Martingale wouldn't normally work for everyone, and as you OP have stated, for the most part it's not working in your favor.

No, Martingale do not work even if you have a huge bankroll.  Remember you increase your bet exponentially in this strategy, so whether you have millions of dollar worth of bankroll, it can easily eaten in 8 losing streak, depending on your bet and exponential multiplier.

You can try to simulate it in a demo dice of a casino platform, and see for yourself how it will easily eat up your bankroll no matter how huge your initial bankroll is.

[milewilda]

The martingale strategy only ever works if you have a greater capacity to take losses and put in higher bets, that's why it's the strategy for high rollers as they say. But if you're a regular bettor or someone who's not willing to go all out, it's not going to be your cup of tea. Better to employ other gambling strategies that would better improve your winning chances than putting your money to chance and hoping for the best. Personally I wouldn't even call it a strategy as it's just bait for gambling addiction to set in and take over your life, but you do you i guess. In any case, Martingale wouldn't normally work for everyone, and as you OP have stated, for the most part it's not working in your favor.

No, Martingale do not work even if you have a huge bankroll.  Remember you increase your bet exponentially in this strategy, so whether you have millions of dollar worth of bankroll, it can easily eaten in 8 losing streak, depending on your bet and exponential multiplier.

You can try to simulate it in a demo dice of a casino platform, and see for yourself how it will easily eat up your bankroll no matter how huge your initial bankroll is.

Even if you do have billions or trillions of capital, there's no way that you would be able to avoid the risks on busting up your entire balance specially when you do make use of martingale method.This had been a long and old strategy which is commonly used on dice games 8x losing streak is really just that small but if your base bet is big then for sure it would really be just that as short as possible.I do even see much more
worst if we do speak about losing streaks, this is why its never been recommendable and something entertaining on leaving your bet on automation and just leave it there because most likely
on the time that would would came back, then those account balance had already been depleted or totally lost.

[sashapan]

milewilda you said a very good point! base bet should be very small relative to the balance, and eight failures for example in dice, this is very little, even on 2x when using a martingale strategy can be a drag over 30 reds, so the bet, If you use more than 2x, you must do with the expectation of 40 losses

[Silberman]

The martingale strategy only ever works if you have a greater capacity to take losses and put in higher bets, that's why it's the strategy for high rollers as they say. But if you're a regular bettor or someone who's not willing to go all out, it's not going to be your cup of tea. Better to employ other gambling strategies that would better improve your winning chances than putting your money to chance and hoping for the best. Personally I wouldn't even call it a strategy as it's just bait for gambling addiction to set in and take over your life, but you do you i guess. In any case, Martingale wouldn't normally work for everyone, and as you OP have stated, for the most part it's not working in your favor.

No, Martingale do not work even if you have a huge bankroll.  Remember you increase your bet exponentially in this strategy, so whether you have millions of dollar worth of bankroll, it can easily eaten in 8 losing streak, depending on your bet and exponential multiplier.

You can try to simulate it in a demo dice of a casino platform, and see for yourself how it will easily eat up your bankroll no matter how huge your initial bankroll is.

Even if you do have billions or trillions of capital, there's no way that you would be able to avoid the risks on busting up your entire balance specially when you do make use of martingale method.This had been a long and old strategy which is commonly used on dice games 8x losing streak is really just that small but if your base bet is big then for sure it would really be just that as short as possible.I do even see much more
worst if we do speak about losing streaks, this is why its never been recommendable and something entertaining on leaving your bet on automation and just leave it there because most likely
on the time that would would came back, then those account balance had already been depleted or totally lost.

Besides even if a gambler could put a bet as small as one satoshi at some point they will lose so many times in a row that they will need to begin to wonder if it is still worth it to double their bet, as each time they double their bet and they keep losing their losses double as well, while in the case they win they will only recover that money plus one satoshi, so even if someone used such a small amount of money to gamble sooner or later their losses will reach a point in which it would become impossible to keep doubling their bets, due to the bet size limit casinos impose on each of their gambling games.

[inthelongrun]

milewilda you said a very good point! base bet should be very small relative to the balance, and eight failures for example in dice, this is very little, even on 2x when using a martingale strategy can be a drag over 30 reds, so the bet, If you use more than 2x, you must do with the expectation of 40 losses

All in all, Martingale is not really dependable in all of our betting activities. It's not a bad strategy especially when we are lucky as well but we better have our limits set before we even started playing with this strategy to avoid more losses. I never experienced being dragged to 30 to 40 straight losses but this is indeed very possible. I cannot imagine starting with a very small immaterial amount just so I can survive many losses using Martingale. Also, depending on a certain strategy might lose the fun of betting.

[AmoreJaz]

milewilda you said a very good point! base bet should be very small relative to the balance, and eight failures for example in dice, this is very little, even on 2x when using a martingale strategy can be a drag over 30 reds, so the bet, If you use more than 2x, you must do with the expectation of 40 losses

All in all, Martingale is not really dependable in all of our betting activities. It's not a bad strategy especially when we are lucky as well but we better have our limits set before we even started playing with this strategy to avoid more losses. I never experienced being dragged to 30 to 40 straight losses but this is indeed very possible. I cannot imagine starting with a very small immaterial amount just so I can survive many losses using Martingale. Also, depending on a certain strategy might lose the fun of betting.

that's the smart thing to do. know how much you can allot to your bets even before starting your game. at least, you have your mind set-up to how much you can lose for certain session.
martingale is a popular strategy, but we all know, it only works to a certain extent. and if you have small bankroll, you may not even see the winning bet for this strategy. but if you want to test such strategy, you should really start small, else, your bankroll will be depleted fast.

[STT]

Presume it'll go 10 times against, worst case scenario and hope for that not to happen.  Assuming it cant happen is where it can easily go wrong as a strategy many will recommend against it and I believe statistically and mathematically it remains unjustified as having any advantage.   Its been discussed many times if you are asking the answer is no basically, its not good advice to use it but have fun is the main thing.

[Silberman]

that's the smart thing to do. know how much you can allot to your bets even before starting your game. at least, you have your mind set-up to how much you can lose for certain session.
martingale is a popular strategy, but we all know, it only works to a certain extent. and if you have small bankroll, you may not even see the winning bet for this strategy. but if you want to test such strategy, you should really start small, else, your bankroll will be depleted fast.

Many gamblers do not seem to realize how easy it is to lose so many times in a row, they think that if they give themselves a margin of 10 losses then they will be fine as no one can lose so any times, but what they do not understand is that the more you gamble the more likely you are to experiment very unlikely events, and then when they finally experiment those losses they complain about it and claim the casino is a scam, even when they know this is not the case.

[klidex]

Presume it'll go 10 times against, worst case scenario and hope for that not to happen.  Assuming it cant happen is where it can easily go wrong as a strategy many will recommend against it and I believe statistically and mathematically it remains unjustified as having any advantage.   Its been discussed many times if you are asking the answer is no basically, its not good advice to use it but have fun is the main thing.

Any strategy in gambling cannot be justified even though it is a martingale strategy that really requires a large bankroll and sometimes gamblers who have large bankrolls will still lose with the martingale strategy.
It's all because the casino knows how to win and any strategy we use will be useless unless we are lucky.
So there is truth in what you say that the best choice to win is to gamble for fun.

[Lanatsa]

Presume it'll go 10 times against, worst case scenario and hope for that not to happen.  Assuming it cant happen is where it can easily go wrong as a strategy many will recommend against it and I believe statistically and mathematically it remains unjustified as having any advantage.   Its been discussed many times if you are asking the answer is no basically, its not good advice to use it but have fun is the main thing.

Any strategy in gambling cannot be justified even though it is a martingale strategy that really requires a large bankroll and sometimes gamblers who have large bankrolls will still lose with the martingale strategy.
It's all because the casino knows how to win and any strategy we use will be useless unless we are lucky.
So there is truth in what you say that the best choice to win is to gamble for fun.

No matter how big your bankroll is but you've been using up martingale then it wont assure that you wont lose and just like been said by most users here that making yourself get strike up with long consecutive loss then it would really be that over.

Martingale had been known to be a very common strategy which had been used for a while now or this certain period on which to those who do have that actual experience
would eventually be able to say on whats the truth behind this strategy or any strategy out there which they arent assuring that you would really gonna win.

Just enjoy the game and dont apply any strategy considering that you are dealing with pure luck based games which means that strategy is pointless.

[Fivestar4everMVP]

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, martingale is not a ticket to wealth and financial freedom, so be rest assured that most of the time, you might end up losing far more money than you expected to lose, while using the martingale strategy.

And also very much remember that martingale does not increase one's chance of him or her winning their bets, Infact, the gambler is always the one who may likely lose more money  using the martingale strategy, simply because, chances of one winning his or her bets is always 50/50, most especially for slot games where it is only based on luck.

[goldkingcoiner]

The Martingale strategy never works as intended. I have seen many people ask the same questions about that particular gambling strategy here on this forum but never have I heard of anyone actually pulling it off, successfully. There have been many failed attempts though.

So the statistical data on the success rate is not looking too good. So, personally, I would stay away. Some things sound too good to be true for a reason, and the Martingale strategy is definitely one of them.

However, if anyone does decide to go through with it, I would appreciate them posting their results in the Bitcointalk gambling sub-forum.

Perhaps we will find out that there is indeed an alternative or modified Martingale strategy that is worth it?

[adzino]

Strategies... Why are people so obssessed with strategies to beat the casino? I get that Martingale strategy might seem like a good idea at first, where it is almost impossible to lose your money, but let's be real, it's got some serious flaws. The more losing streak, the higher you will be risking to recover your loss which will end up wiping you. The main thing here is, the casino always has a house edge, which means in the long run, the odds are stacked against you, no matter what strategy you're using.
The Martingale strategy only works if you've got an infinite balance, which, let's face it, most of us don't. At some point, you might hit a losing streak and run out of cash before you can recover your losses. So, yeah, I'd say it's better to just play for fun and not rely on a strategy like Martingale. Just enjoy the games, and remember that the house always wins in the end!

[Silberman]

Strategies... Why are people so obssessed with strategies to beat the casino? I get that Martingale strategy might seem like a good idea at first, where it is almost impossible to lose your money, but let's be real, it's got some serious flaws. The more losing streak, the higher you will be risking to recover your loss which will end up wiping you. The main thing here is, the casino always has a house edge, which means in the long run, the odds are stacked against you, no matter what strategy you're using.
The Martingale strategy only works if you've got an infinite balance, which, let's face it, most of us don't. At some point, you might hit a losing streak and run out of cash before you can recover your losses. So, yeah, I'd say it's better to just play for fun and not rely on a strategy like Martingale. Just enjoy the games, and remember that the house always wins in the end!

People are obsessed with winning strategies because they cannot simply accept that gambling is a form of entertainment, they want to win all the time and this is not possible, and due to their desire to win they do not realize how nonsensical their desire is, it is as if I created a thread asking how to win at Netflix? People will simply mock me and tell me that there is no winning at Netflix, and I can only obtain some entertainment out of it.