Martingale strategy in casinos

[OgNasty]

You should always remember that no player has unlimited resources to gamble with.

And we're no celebrities that has got millions on bankroll and they don't even attempt to do this strategy. Or if they do, they can afford to do it as they've got a lot of money.

But then, it all goes with how much we've got even if someone who's careful has got millions ready to be gambled. It's still unsure if this is gonna be the strategy that he'll do.

Well, if you want to lose quickly, this is the way.

I imagine you’d get banned or asked to leave from casinos if you were using this strategy as well. They might let you go for a bit, but if you’re having any sort of success then I can’t see a casino allowing you to continue playing. It’s just not a good thing to be doing in general. Even when you win there are possible ways for you to still lose.

[noormcs5]

You should always remember that no player has unlimited resources to gamble with.

And we're no celebrities that has got millions on bankroll and they don't even attempt to do this strategy. Or if they do, they can afford to do it as they've got a lot of money.

But then, it all goes with how much we've got even if someone who's careful has got millions ready to be gambled. It's still unsure if this is gonna be the strategy that he'll do.

Well, if you want to lose quickly, this is the way.

I imagine you’d get banned or asked to leave from casinos if you were using this strategy as well. They might let you go for a bit, but if you’re having any sort of success then I can’t see a casino allowing you to continue playing. It’s just not a good thing to be doing in general. Even when you win there are possible ways for you to still lose.

Usually, gamblers do not have unlimited funds on the gambling site to keep on running the Martingale strategy even if they are losing many continuous bets. Also the gambling sites recognizes the pattern and once they see that the gambler is using the Martingale strategy, they will surely bust his account by giving him continuous loss.

So for the gambling site point of view, it is more favorable for them that players lose their balance through Martingale than to ban the account of those players using Martingale strategy.

[livingfree]

You should always remember that no player has unlimited resources to gamble with.

And we're no celebrities that has got millions on bankroll and they don't even attempt to do this strategy. Or if they do, they can afford to do it as they've got a lot of money.

But then, it all goes with how much we've got even if someone who's careful has got millions ready to be gambled. It's still unsure if this is gonna be the strategy that he'll do.

Well, if you want to lose quickly, this is the way.

Even if they did, casinos don't allow unlimited bet sizes. A gambler with an unlimited bankroll would hit the roof at some point. Some casinos state maximum profit per bet is 20BTC. If you had to go further to recover a loss through Martingale strategy, you couldn't due to the limitation imposed by the house. So ironically you would be still in disadvantage on long run, even with an infinite bankroll. Crazy, isn't it?

Yeah crazy and just recognized it lately when you've said it. Still a lose-lose situation but then if someone who has a large size of bankroll, he's free to try it but I won't. 

I imagine you’d get banned or asked to leave from casinos if you were using this strategy as well. They might let you go for a bit, but if you’re having any sort of success then I can’t see a casino allowing you to continue playing. It’s just not a good thing to be doing in general. Even when you win there are possible ways for you to still lose.

Yeah, just realized it and there's probably a trigger that shall make them aware of what you're doing. They may be too generous to keep you going and it's a blessing in disguise if someone who's a sizeable amount of bankroll that keeps on going and haven't thought of leaving yet.

And the casino alerts the gambler that he shall be stopped and limited.

[Fredomago]

Martingale strategy is like trying to jump on water if you keep losing on losing until your finds are long gone. Not like I am denying its functionality. I would be very worried to follow that method with very limited funds. I sometimes feel like betting all your money at once on one game can be even better than martingale. You win all or you lose all. When you are doing martingale you ask for multiple losses which decreases your chance even further hahah. So risky.

Indeed it is very risky but this martingale strategy is a strategy that maybe many beginners can do, after all this strategy is very reasonable to beat casino games which may be fair, but still it requires large capital because we can run out of money when we experience 30 consecutive losses, I I've used this and continue to apply this when playing but never win the game and the dealer will always win as usual and I'll lose the game.

There is no strategy that is easy to understand and easy to use other than this martingale, without the need to be taught I think beginners will quickly understand this strategy, but again I also remind you never to try it with minimal capital because it will eat up your money quickly without remaining a bit.

This is what makes martingale such a difficult strategy to disprove, as almost anyone can come up with it before they read about it on the internet, I know because long ago on my gambling newbie days the same happened to me, I never used it but I was able to create a martingale strategy on my own, however after a short investigation I realized it was impossible to win with it so I never used it, but many newbies instead think they have found a clever way to beat the casinos, and only their sustained losses will prove to them this is not the case.

Experienced will let you realized that martingale strategy will only lead you to lose your money, unless you have a good money or bankroll management where you can avoid losing control with your capital, keep doubling your bet after losing may allow you to recover but with a huge numbers of losing streak expect to see an empty wallet.

Basic principle I guess is to know how to handle your money, use only the amount that you can afford to let go and never to chase your losses as it can result in losing more.

[len01]

Usually, gamblers do not have unlimited funds on the gambling site to keep on running the Martingale strategy even if they are losing many continuous bets. Also the gambling sites recognizes the pattern and once they see that the gambler is using the Martingale strategy, they will surely bust his account by giving him continuous loss.

So for the gambling site point of view, it is more favorable for them that players lose their balance through Martingale than to ban the account of those players using Martingale strategy.

using the martingale strategy on gambling sites in the short term might work but it's true what you said that one day the casinos find out about this case they might immediately give something that makes the person lose and stop using the martingale strategy.
I've experienced that in roulette and baccarat games, in the short term I won but over time I ended up losing quickly. after that incident I avoided this strategy more and preferred betting casually to enjoy my every bet.

[Silberman]

Usually, gamblers do not have unlimited funds on the gambling site to keep on running the Martingale strategy even if they are losing many continuous bets. Also the gambling sites recognizes the pattern and once they see that the gambler is using the Martingale strategy, they will surely bust his account by giving him continuous loss.

So for the gambling site point of view, it is more favorable for them that players lose their balance through Martingale than to ban the account of those players using Martingale strategy.

using the martingale strategy on gambling sites in the short term might work but it's true what you said that one day the casinos find out about this case they might immediately give something that makes the person lose and stop using the martingale strategy.
I've experienced that in roulette and baccarat games, in the short term I won but over time I ended up losing quickly. after that incident I avoided this strategy more and preferred betting casually to enjoy my every bet.

The casinos do not have to do anything, this is nothing but a misconception that some gamblers have, in fact the casinos love the martingale strategy as they know that sooner or later you will bust your account and they will get all your money, even if the chances of losing so many times in a row were something like one in a million if you roll the dice one million times then your chances of eventually losing so many times in a row increase to the point of becoming a certainty.

[LUCKMCFLY]

The martingala strategy is a very risky way of betting, I personally do not recommend it because it is losing money very quickly and it is not worth doing, you always have to try to save money to spend it wisely and not with emotions or adrenaline, because if the money runs out there is no game, and if there is no game there is no fun, that is something we must understand, for this reason I do not recommend the martingale, I have used it many times , but you always end up losing.

[slapper]

The martingala strategy is a very risky way of betting, I personally do not recommend it because it is losing money very quickly and it is not worth doing, you always have to try to save money to spend it wisely and not with emotions or adrenaline, because if the money runs out there is no game, and if there is no game there is no fun, that is something we must understand, for this reason I do not recommend the martingale, I have used it many times , but you always end up losing.

Martingale or not, that's the riddle. Folks, the answer? A big NOPE. Risky betting? Absolutely. Draining your cash? Faster than a whirlwind. Emotional rollercoaster? One moment, king of the hill; the next, you're pondering existence while your fortune vanishes. Do yourself a solid, dodge martingale. Your piggy bank and your mind? They'll love you for it.

[BitcoinAccepted]

It can still work well, but it is risky. What has also been stated more than once is that after 8 losses in a row you have to bet more than $2000 to win only $1, or at least the starting amount you used to bet. If you do use Martingale, my advice would be to use it at a sportsbook. And another big problem is the limits at the table in Roulette. Sometimes tables have a limit of 1k, you will get through that pretty quickly if you lose about 6 times in a row. And that moment will come when you will lose 6 x in a row. Then your entire strategy immediately falls into the water. Martingale is not the best strategy.

[Solosanz]

It can still work well, but it is risky. What has also been stated more than once is that after 8 losses in a row you have to bet more than $2000 to win only $1, or at least the starting amount you used to bet. If you do use Martingale, my advice would be to use it at a sportsbook. And another big problem is the limits at the table in Roulette. Sometimes tables have a limit of 1k, you will get through that pretty quickly if you lose about 6 times in a row. And that moment will come when you will lose 6 x in a row. Then your entire strategy immediately falls into the water. Martingale is not the best strategy.

If you start with $1 on your first bet and if you suffer 8 losses in a row, you're need to bet $256, not $2000. $2048 is your bet if you suffer 11 losses in a row. I don't think martingale strategy in sportsbook will work because the odds will change every time depends on the bettors. It's not like dice where the odds is always 2.00 as long as you're not change it. Martingale isn't the best strategy, but there's no strategy except martingale.

[KTChampions]

It can still work well, but it is risky. What has also been stated more than once is that after 8 losses in a row you have to bet more than $2000 to win only $1, or at least the starting amount you used to bet. If you do use Martingale, my advice would be to use it at a sportsbook. And another big problem is the limits at the table in Roulette. Sometimes tables have a limit of 1k, you will get through that pretty quickly if you lose about 6 times in a row. And that moment will come when you will lose 6 x in a row. Then your entire strategy immediately falls into the water. Martingale is not the best strategy.

If you start with $1 on your first bet and if you suffer 8 losses in a row, you're need to bet $256, not $2000. $2048 is your bet if you suffer 11 losses in a row. I don't think martingale strategy in sportsbook will work because the odds will change every time depends on the bettors. It's not like dice where the odds is always 2.00 as long as you're not change it. Martingale isn't the best strategy, but there's no strategy except martingale.

Maringale can be used at any odds - at least 2, at least 5, at least 7, or even when these odds are not constant but change from game to game (if we are talking about betting on a certain team, for example). You just need to follow the rule "bet amount * odds - bet amount" > spending on previous bets. And by the way, if we bet on a weak team, then odds are high (stable more than 2), so the amount that needs to be spent on a bet does not grow too quickly.

[tusandii]

The martingala strategy is a very risky way of betting, I personally do not recommend it because it is losing money very quickly and it is not worth doing, you always have to try to save money to spend it wisely and not with emotions or adrenaline, because if the money runs out there is no game, and if there is no game there is no fun, that is something we must understand, for this reason I do not recommend the martingale, I have used it many times , but you always end up losing.

That's right, and now this is a game that I used to love, it can't be like before, where you can easily win using the martingale strategy.
I don't know because the Roulette provider has changed the system or what, but what is clear is that martingale cannot be relied upon in the game of Roulette.
I played enough rounds and only got the return from the previous bet, but because numbers came out in large fractions in a row, the martingale strategy that I used collapsed instantly so that in the end, losses could not be avoided. Lol.

[Fredomago]

The martingala strategy is a very risky way of betting, I personally do not recommend it because it is losing money very quickly and it is not worth doing, you always have to try to save money to spend it wisely and not with emotions or adrenaline, because if the money runs out there is no game, and if there is no game there is no fun, that is something we must understand, for this reason I do not recommend the martingale, I have used it many times , but you always end up losing.

If you will not limit yourself, then for sure in the long run you will end up losing your money, martingale can work if you are lucky and you are wise to quit while you still have some winnings, but if you will push your luck and try to add more with your earnings, the sure thing that will happen is you will lose everything in your wallet.

Unless you are really lucky and that winning streak extends to the point where you are really satisfied and willing to quit your way
to enjoy with the money that you've got.

[stomachgrowls]

The martingala strategy is a very risky way of betting, I personally do not recommend it because it is losing money very quickly and it is not worth doing, you always have to try to save money to spend it wisely and not with emotions or adrenaline, because if the money runs out there is no game, and if there is no game there is no fun, that is something we must understand, for this reason I do not recommend the martingale, I have used it many times , but you always end up losing.

If you will not limit yourself, then for sure in the long run you will end up losing your money, martingale can work if you are lucky and you are wise to quit while you still have some winnings, but if you will push your luck and try to add more with your earnings, the sure thing that will happen is you will lose everything in your wallet.

Unless you are really lucky and that winning streak extends to the point where you are really satisfied and willing to quit your way
to enjoy with the money that you've got.

Most of the time on which people make use of martingale does really failed on stopping midway, if we are familiar on how martingale rolls behavior which it is really faster on a blink of an eye then there's no way that
could stop midway if you do see that losing streaks is eating up your balance in a fast pace manner. I have tested it out and able to observe on which trying out to limit your losses as much as possible which it cant really be that easy to be done. Lets say you've seen 3-7x losing already and your balance is already depleting, you would be having mainly these kind of thoughts;

1. Whether you would be just letting it and hope that next roll would be a green
or
2. You would completely stop that losing streak midway and just accept on the lose amount rather than on blowing your entire account balance?

This is only applicable into those someone who do monitor out their martingale strategy and not for those people who are just leaving out their autorolls on play
while they are away on neither of their phone or PC.

[LUCKMCFLY]

The martingala strategy is a very risky way of betting, I personally do not recommend it because it is losing money very quickly and it is not worth doing, you always have to try to save money to spend it wisely and not with emotions or adrenaline, because if the money runs out there is no game, and if there is no game there is no fun, that is something we must understand, for this reason I do not recommend the martingale, I have used it many times , but you always end up losing.

Martingale or not, that's the riddle. Folks, the answer? A big NOPE. Risky betting? Absolutely. Draining your cash? Faster than a whirlwind. Emotional rollercoaster? One moment, king of the hill; the next, you're pondering existence while your fortune vanishes. Do yourself a solid, dodge martingale. Your piggy bank and your mind? They'll love you for it.

You're right, as far as I'm concerned, one of the things we Enjoy the most Sometimes is playing with that Strategy ,but the truth is it's the most Reckless strategy we can see , I don't think there is a player that this technique is one of the we are Better at gambling, but it is not like that, one must Learn to make bets that do not have to Fall into the martingale because obviously it is the bet that can strip us of our Capital and Quickly,as you say , it is not recommended And personally,despite everything, I don't Reccomend it.

[QueenVera]

Martingale strategy is like trying to jump on water if you keep losing on losing until your finds are long gone. Not like I am denying its functionality. I would be very worried to follow that method with very limited funds. I sometimes feel like betting all your money at once on one game can be even better than martingale. You win all or you lose all. When you are doing martingale you ask for multiple losses which decreases your chance even further hahah. So risky.

Martingale is the still the most well known gambling strategy as it is pretty easy to understand also. I went to a buddy to a "real" casino last weekend and he was planning to start with martingale on roulette after we hit 2 black numbers. I talked him out of it but he was convinced that he would always make money. In the long end, that is true but you will need an unlimited bankroll. I tried martingale in the past before and already experienced 2 bad losses because of it, so I try to avoid it.

I'm not seeing myself  doing this kind of strategy  anytime soon and I've always seen this kind of strategy as the strategy for the rich because you don't expect me with my limited capital  to engage in martingale strategy.
I've been wanting to know the mind most of the persons who get involved in this strategy do have, because I see no reasons why I should be increasing  my bets when I see myself losing simply because I hope to recover my losses from my next winning, I'm  sorry but its insane to me... And I wouldn't  have to blame anyone  because I believe that whatever one believes, works for him so I'm pretty sure, there are people who are doing extremely  well by using this strategy

[Doan9269]

You should always remember that no player has unlimited resources to gamble with.

And we're no celebrities that has got millions on bankroll and they don't even attempt to do this strategy. Or if they do, they can afford to do it as they've got a lot of money.

But then, it all goes with how much we've got even if someone who's careful has got millions ready to be gambled. It's still unsure if this is gonna be the strategy that he'll do.

Well, if you want to lose quickly, this is the way.

I imagine you’d get banned or asked to leave from casinos if you were using this strategy as well. They might let you go for a bit, but if you’re having any sort of success then I can’t see a casino allowing you to continue playing. It’s just not a good thing to be doing in general. Even when you win there are possible ways for you to still lose.

It's a matter of choice, being a celebrity or not, being poor or rich, gambling using martingale strategy is what we develop interest with individually while some gamblers don't even admit such pattern to be used all because they believed it's very risky and hard to win, but even if you make use of the common techniques and patterns as well, you will still discover that gamblers looses while gambling, aren't something wrong with those patterns as well or is it the gamblers that have something they have to prove on while gambling using a particular pattern.

[darewaller]

It's a matter of choice, being a celebrity or not, being poor or rich, gambling using martingale strategy is what we develop interest with individually while some gamblers don't even admit such pattern to be used all because they believed it's very risky and hard to win, but even if you make use of the common techniques and patterns as well, you will still discover that gamblers looses while gambling, aren't something wrong with those patterns as well or is it the gamblers that have something they have to prove on while gambling using a particular pattern.

True. If you are rich you will still bet large and you wish you have more money. Same goes with the poor. There is no contentment for an addicted gambler but not all use who use martingale strategy because some don't know anything about it.

There are people who knows it and they understand how risky it is. It can wipe your entire bankroll if you don't stop. With or without Martingale or any strategy, losing can still occur but I prefer to play manually as I think I can last longer with it because I can be able to modify my bets and the multiplier. Some gamblers might be too cocky and they are proving someone that it's possible to beat the house by using a certain strategy.

[Aikidoka]

The Martingale strategy isn't really bad but it is considered highly risky. I have personally tried it a few times and each time I ended up losing. When you continuously employ the Martingale strategy it becomes increasingly dangerous and you'll end up losing at the end. This strategy is implemented on most casino sites because they are aware that gamblers will eventually lose their bets at the end. While it might work for a few rounds if you have a large capital but if you become too greedy and refuse to stop you will likely experience a series of losses that will eventually lead to the complete loss of your money.

Let's assume you start with 1 BTC and apply the Martingale strategy doubling your bet each time. Here's the corrected progression:

Starting with 0.001 BTC:

0.001, 0.002, 0.004, 0.008, 0.016, 0.032, 0.064, 0.128, 0.256, 0.512, 1.024

So after your 10th loss streak, you'll lose your 1 BTC, and trust me that would happen after hours of repeating this strategy over and over again.

[Apocollapse]

Starting with 0.001 BTC:

0.001, 0.002, 0.004, 0.008, 0.016, 0.032, 0.064, 0.128, 0.256, 0.512, 1.024

So after your 10th loss streak, you'll lose your 1 BTC, and trust me that would happen after hours of repeating this strategy over and over again.

You don't need to start with 0.001 BTC, you can start as low as 1 Satoshi or 0.00000001 BTC.

0.00000001, 0.00000002, 0.00000004, 0.00000008, 0.00000016, 0.00000032, 0.00000064, 0.00000128, 0.00000256, 0.00000512, 0.00001024, 0.00002048, 0.00004098, 0.00008196, 0.00016392, 0.00032784, 0.00065568, 0.00131136.

Look even you're suffer 18th loss streak, you're still not lose 1 BTC, this is why starting with the lowest amount is a must in martingale strategy. But this doesn't mean martingale strategy will work and good, it's high risk of losing all of your bankroll faster.