Martingale betting system

[gunhell16]

This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading

I also used that method before; at the beginning, it was quite effective, but in the end, I still did not fail to get a profit in the casino using that martingale. And in my few years here, I recently realized that in order for you to get a big profit in a martingale, there must be a limit to how much you should double your bet when you lose.

And when you reach that and still lose, you must go back to the beginning of the lowest amount you bet and repeat it until you hit again. When that happens, go back to the beginning.

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[Gozie51]

But anyways, good luck to whom ever will be applying Martingale in their gambling, for me, this remains a no go area.

Martingale is still a dangerous way to gamble. For a loser who implores martingale, he is likely to still gamble or bet in the same direction that he had earlier making him less likely to win the bet. He will only be hopeful that the bet favours him at the long run. His analysis will not be any where near "accurate" because of tension to chase his losses. I think it is better to let some losses go to start again in the beginning, so to start afresh is better than to keep patching already bad game.

[len01]

now I want to ask a question about your statement that you must have large funds, how large an amount do you mean?
what I know from my experience is that the martingale strategy will never be recommended by anyone unless you have an unlimited money budget because if we just say you have to have a big budget it will still never work because luck is still an important role here and it also depends on how much the bet to be used.
I once tried this in a roulette game with basic bets, tried with the smallest bet amount and it seemed like luck was not on my side and losing streaks always happened and the budget I had was not enough to carry out this martingale strategy.

I'm sure even though I haven't read all the replies here but they will say the same thing that this strategy is not recommended.

[2Pizza410000BTC]

This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading

My gambling experience is not very long but the few times I have participated in gambling I have won some bets. I have always participated in sports betting for which I have mostly won. But I never take up gambling professionally I always take up gambling as entertainment. But I don't have much experience in gambling, I don't know about martingale system. Also to many this martingale system seems simple but to me it seems very difficult due to lack of knowledge. I want to be clear first of all, what is this martingale system? Please explain me martingale system in simple way.

[piebeyb]

I'm sure even though I haven't read all the replies here but they will say the same thing that this strategy is not recommended.

Yes, it's true that usually this strategy is usually used by beginners because it usually works for them in the beginning, but when they use it for too long while playing then that's when they realize that the risk of using this strategy is very high so it's not really recommended by anyone because it's not will succeed and work to beat the casino machines and the dealer will always win and drain all the money with 10x consecutive losing streaks.

Many experiences seem to be shared in this thread how this strategy does not work well for small gamblers because it will drain money when experiencing several losing streaks it is better to use other strategies that are more reasonable and easy to use even with a smaller winning percentage it doesn't matter as long as it is don't spend a lot of money in a short time when using the martiangle strategy.

[Peanutswar]

This strategy i guess one of my worst mistake when I gamble way back years, i tend to keep doing this strategy to get back my losses instead i make my money vanish in just double the bet and lose the game, I tried this multiple times before but i guess this strategy doesn't fit to my gambling habit. Instead i keep sticking with the same bet all the time and wait to hit a good jackpot.

Also to many this martingale system seems simple but to me it seems very difficult due to lack of knowledge. I want to be clear first of all, what is this martingale system? Please explain me martingale system in simple way.

Martingale is a strategy of trying to double your bet after you lose it's a high-risk reward strategy if you win you gain your loss like getting back again in 1:1 if you lose you make it triple your loss 0:3 ratio it is just for the people who want to have a quick game.

[davis196]

This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading

This is forum post number 12494905 about martingale. Do you want to add anything new to the discussion?
What "more ideas" do you want to get from the forum members? All the info about martingale is available online for free.
Just do a search and read it. There's no secret twist that will make martingale work or increase it's chances for winning.
My advice would be to never stick to martingale. Just try to be as random as possible in your bets. Sometimes you can apply the martingale tactic of making a double bet after you lose, but don't repeat it too often. Sometimes you might get lucky, but in the long run you will lose(which is fine).

[rahmad2nd]

yeah, Martingale. a system or method that is commonly used or applied by most gamblers. in fact, we have reviewed the Martingale method in many threads on the community, but most of us consider this system to be ineffective. in fact, we can apply this system or method in our gambling, but we don't have to double the bet every round. therefore, it would be very dangerous and risky. the danger is, if we don't have good control, angry emotions will affect our psychology and ultimately the game will get out of control. the risk is, if we are in an annoying situation, aka we are in unlucky mode. 10 rounds in betting folds, does not rule out the possibility of all losing.

At this point, a person will be in a phase of dilemma, anxiety, loss of concentration and filled with doubt. that's why, this technique is not recommended for beginners, especially those who don't have long experience in gambling. be it when playing blackjack, baccarat, roulette, or other games. well, since I rarely use this technique, plus the game I mentioned. so, I no longer involve the martingale technique. if someone still uses this technique in their gambling, everything is fine as you say. also, there is no 100 percent guarantee as you also said. however, these techniques can be combined according to the situation and circumstances when we play. also remember, don't get carried away by emotions and stick to the concept that we are just playing for fun. if we lose, just think we're unlucky. if you win, we can consider it as getting a bonus from something fun.

[MAAManda]

Even you have "significant bankroll", it doesn't make you able to win using this strategy.

There's no strategy that actually provides definite profits, because it's all part of luck, and no matter how much bankroll you have, it can all run out if luck isn't on your side. I'm not talking like this without any basis, it's because I've proven it myself, what do you call this strategy, Martingale? or strategies that lead to spirituality I have also done, but it's all meaningless. Gambling is supposed to be for fun, so don't let us (gamblers) get too greedy and fantasize too much about big wins.

[348Judah]

But anyways, good luck to whom ever will be applying Martingale in their gambling, for me, this remains a no go area.

Martingale is still a dangerous way to gamble. For a loser who implores martingale, he is likely to still gamble or bet in the same direction that he had earlier making him less likely to win the bet. He will only be hopeful that the bet favours him at the long run. His analysis will not be any where near "accurate" because of tension to chase his losses. I think it is better to let some losses go to start again in the beginning, so to start afresh is better than to keep patching already bad game.

You're right, some games are a one way forward type of approach in which we cannot apply another attempts on them, but to this facts, it's our own personal decision in using this kind of betting technique, some have been seeing it a a way of being too risky to use this kind of betting system while some are more of being comfortable with it, but I can bet that many don't like using this pattern for their betting experience because of the risk and the one way kind of approach it is made up of.

[danherbias07]

Wow, I thought I was going to see tips that would enhance that old strategy. I guess I am wrong.

Well, what you said was true. It's a risky type of strategy that needs a deep pocket before it can be successful. This is for the rich people who can afford to lose a lot and yet they will still have the money to bet for the next round.
The crazy thing about Martingale's strategy is having the courage to bet the next one. Imagine if you are losing $1000 and you will need to double that plus the previous losses. Are you brave enough to bet $2000 + the previous bets? It's not easy to release that huge amount of money and there's a chance we will reach that if we keep on losing especially if we are aiming for high returns with high-risk bets. Martingale's strategy is not used anymore because of that issue, because there's no assurance we will reach the win at the time we still have enough money.

[o48o]

Everybody hates Martingale, but nobody can gamble without applying it to their gameplay. You may not double your bets on every loss, but you increase it anyway, so you are applying Martingale concept in your game, in every case.

Martingale has a limited benefical effect in our gambling session, but it's necessary on short run, otherwise we don't reach anywhere through repeating bets without adjusting their size on winnings and losses. Gamblers making short time profit are achieving this through this method, so it has its advantages. Even in sports betting this strategy can be applied.

And in fact, among every strategies I've already seen on the internet, Martingale is the one which best worked for me, making my bankroll grow and last for longer, although losses were inevitable after all. If you think it's bad, that is because you haven't tried others yet, like: reverse Martingale, Labouchere, Paroli, Fibonacci, D’Alembert...

I don't have any feelings against martingale. All i am saying none of the versions of martingale work, as it's proven mathematically. Not in short or long term, as in short term it doesn't really differ from any other odds, expect you have a slight change of losing everything at the very first try when the doubling starts. You obviously have a change to make money, but with a martingale that doesn't come without risking all you got.

And what do you mean by increasing? You mean that amount of money we are using overall increases? Because if we randomly increase and decrease our bets, or keep on betting with same amount. Those aren't martingale. They are not strategies. They are just spending money, most the time hoping we win

[Weawant]

This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll,  cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading

Personally I wouldn't recommend or encourage this system of gambling because I consider it to taking your money faster than a normal gambling system would, just they it's advantage which have to be the possible recovery at once is the edge it's got over other gambling system but it's still not ideal for my recommendation.

I would rather recommend a rollover system with smaller odds, this is even so safe that you would not be loosing much because you literally need a very little bankroll to start, and at some point you can withdraw your capital and be sure to be gambling with the money you have gotten from the casino which at that point could be considered gambling risk free but when you use this system where you have to keep doubling, you will definitely get to the point where you will be staking much more than you can afford to lose, and that's the birth of addiction, chasing of losses and irresponsible gambling which is one thing we are all advised against usually.

[hedgeh0g]

The Martin Gale strategy is very easy to use, everything is only limited by your deposit. This reminded me of the first time I played online roulette in a casino using this strategy, I was so captivated by the excitement that I literally went crazy. I thought that I had discovered a secret that no one knew and that I would be able to win a lot, how young and naive I was)) In general, I like her, but we can’t get carried away and play too much, otherwise we will definitely lose everything we have. After many years in gambling, I can say that even if I went to roulette now, I would most likely play this strategy, but I won about 30% more than the deposit that I would have, I left this casino))

[tjtonmoy]

I would like get more ideas from my readers

Gamble responsibly and don't gamble for profit. It is not a way of living neither it is some kind of investment. So don't think of profit when you gamble. You should only gamble when you can afford it. Because gambling should only be for Entertainment and when you can buy that entertainment only then you should gamble.

Chasing your losses is the worst when it comes to gambling. The more you chase the loss, the more loss you make. I'm against this strategy. I believe that having a specific amount for each bet and specific amount for each day is the best way to keep your emotion in check and gamble responsibly while enjoying it.

[2Pizza410000BTC]

This strategy i guess one of my worst mistake when I gamble way back years, i tend to keep doing this strategy to get back my losses instead i make my money vanish in just double the bet and lose the game, I tried this multiple times before but i guess this strategy doesn't fit to my gambling habit. Instead i keep sticking with the same bet all the time and wait to hit a good jackpot.

Also to many this martingale system seems simple but to me it seems very difficult due to lack of knowledge. I want to be clear first of all, what is this martingale system? Please explain me martingale system in simple way.

Martingale is a strategy of trying to double your bet after you lose it's a high-risk reward strategy if you win you gain your loss like getting back again in 1:1 if you lose you make it triple your loss 0:3 ratio it is just for the people who want to have a quick game.

Not having much experience in gambling, I did not understand the martingale system very easily. But you explained Martingale system very easily to me, because of your simple explanation I got idea about Martingale system. Thank you very much for taking your valuable time to explain the Martingale system to me.

[Biscutard]

Martingale method may work for few people that are lucky enough to recover the losses but for most people it will never work. Rather it will just going to make the losses become even more bigger. I will never ever recommend this to some for people who are worried about the losses they have made when they are planning to chase for it and try to take it back. I simply suggest to cool down call it a day and get to gambling on the other day or on the next day. It is hard to see people getting broke because of this common mistake.

[Dave1]

I would like get more ideas from my readers

Gamble responsibly and don't gamble for profit. It is not a way of living neither it is some kind of investment. So don't think of profit when you gamble. You should only gamble when you can afford it. Because gambling should only be for Entertainment and when you can buy that entertainment only then you should gamble.

Not sure why you advise that people don't gamble for profit,  I mean that is the very definition of gambling, to make some money and that's why people love it. The thrill and the adrenaline to win big. I would understand if you tell us to be responsible, but advising not to gamble when you are in this board? Lol.

Chasing your losses is the worst when it comes to gambling. The more you chase the loss, the more loss you make. I'm against this strategy. I believe that having a specific amount for each bet and specific amount for each day is the best way to keep your emotion in check and gamble responsibly while enjoying it.

Of course I will agree with your points, not to chase losses might be good. And this strategy is not really good in the long run. But I believed that there are risk takers willing to try some strategy and see how it goes for them.

[Yaunfitda]

Martingale method may work for few people that are lucky enough to recover the losses but for most people it will never work. Rather it will just going to make the losses become even more bigger. I will never ever recommend this to some for people who are worried about the losses they have made when they are planning to chase for it and try to take it back. I simply suggest to cool down call it a day and get to gambling on the other day or on the next day. It is hard to see people getting broke because of this common mistake.

That's they keyword, lucky and then you have a big capital to double up every time you lost and hope that luck will go on your side just to break even in the end. That's why majority is not advising this method or at least for average gamblers, it's very hard to run this as we don't have a big capital to begin with.

But I heard some story that this is doable and can be done in dice or even in card games like baccarat.

Imagine though, you are like losing 5 or more streak and still believe that this system works. So it's going to be more of a mental game in the end for gamblers. Whether to continue with this method or not or just stop gambling that night.

[Maslate]

Martingale method may work for few people that are lucky enough to recover the losses but for most people it will never work. Rather it will just going to make the losses become even more bigger. I will never ever recommend this to some for people who are worried about the losses they have made when they are planning to chase for it and try to take it back. I simply suggest to cool down call it a day and get to gambling on the other day or on the next day. It is hard to see people getting broke because of this common mistake.

As for long term approach on games that has a house edge, martingale strategy will never work.

Remember the words here " long term", that's because the odds are against us. However, if you do this on game that are based on skills, this might work for you, with a proper discipline, you might end up winning in the long run. Gambling site usually have their max bet limit, so that's the problem, you can't use it fully as the meaning of martingale is double every time you lose, what if you have 10 losing streak? Of course you'll need to bet bigger and that would possibly result to limit, so you just need to adjust a bit, maybe call it semi-martingale.