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Author Topic: Martingale strategy is a failure if you are consistent with it  (Read 1103 times)
Woodie
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September 21, 2024, 11:28:43 AM
 #141

For martingale to work, you need the capital to support the strategy because sometimes the losing streak can go over 10 times without it paying you out and I would advice you play some kind of live games to avoid feeling cheated after you lose...and don't try to rely on beginners luck to win at a casino , you will certainly lose.

Otherwise this strategy if for players with deep pockets ,and don't start big too because when you start chasing the win you have to commit till you catch it .

 
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Adbitco
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September 21, 2024, 01:11:13 PM
 #142

Martingale methods works mostly when you have enough enough funds in your account but using only the initial deposited fund to gamble may not give you exact what you wanted, let say if wanna do that 10$ deposit can't actually solve it maybe depending on your pocket or how much you made deposit to start playing bet.
To me I don't really follow that principle because I don't fund above my budget why because it's easily create ways for lost except you have discovered easy way to keep winning which I know there is no easy way than being luck.
Even with how huge your wallet is, it's still not guaranteed. It depends on your initial bet also and still luck. Even if you have huge funds and you will get a long lose streak, those funds will vanish in just a short period of time.
OP actually has a point about using the Martingale strategy for a longer period, which will just make you high risk and high reward. I already experienced it multiple times, I lost most of the time every time I stayed longer using this Martingale strategy. Maybe it also depends on the game I am playing.
I also believe that it depends on the games people playing, sometimes you can do that with sport betting or roulette. These games are mostly easy to apply this principles but still they depends on luck as initially Said, even though you have a enough funds or a rollover to keep playing the game it would still results to losing if not careful played.

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carlfebz2
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September 21, 2024, 01:37:41 PM
 #143

Martingale methods works mostly when you have enough enough funds in your account but using only the initial deposited fund to gamble may not give you exact what you wanted, let say if wanna do that 10$ deposit can't actually solve it maybe depending on your pocket or how much you made deposit to start playing bet.
To me I don't really follow that principle because I don't fund above my budget why because it's easily create ways for lost except you have discovered easy way to keep winning which I know there is no easy way than being luck.
Even with how huge your wallet is, it's still not guaranteed. It depends on your initial bet also and still luck. Even if you have huge funds and you will get a long lose streak, those funds will vanish in just a short period of time.
OP actually has a point about using the Martingale strategy for a longer period, which will just make you high risk and high reward. I already experienced it multiple times, I lost most of the time every time I stayed longer using this Martingale strategy. Maybe it also depends on the game I am playing.
I also believe that it depends on the games people playing, sometimes you can do that with sport betting or roulette. These games are mostly easy to apply this principles but still they depends on luck as initially Said, even though you have a enough funds or a rollover to keep playing the game it would still results to losing if not careful played.
This is the fastest way that you would really be able to make yourself be busted up and this is something that someone should really be able to realize on and never make yourself
believe that there would really be some holy grail or method that could exploit out casinos on which we know that this is really that impossible.Its not really that bad on making up use of this kind of strategy
but make it sure that you are wary about on the risks of it when it comes on busting up overall your balance on which we know that it could happen in a snap.

Yes, it could be profitable on the moment that you will be able to recover those loses on doubling your bet on loss or whatever % you would be setting out bust just like on what
everyone is really that pointing out that once that losing streaks would hit you hard then this is something that will really be putting you on trouble and this is something
you must consider it out to watch on.

adzino
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September 21, 2024, 03:01:43 PM
 #144

It is true that the martingale strategy might seem like a good idea at first, but it's pretty bad in the long run. Unless you have got infinite money, you're eventually going to hit a losing streak that will wipe out your whole balance. The idea of doubling your bet after every loss sounds very clever and somewhat fool proof, but if you lose like 5 or 6 times in a row (which happens more often than you would think), you'll be betting huge amounts just to recover a small initial bet. And once you start losing those huge amounts, you are done for good. People fall for this strategy all because they think '' I already lost 3 in a row, there is no way I will be losing the next bet''. But the truth is each bet is independent of the previous one. The odds don't change no matter what happened before. So relying on this strategy is kinda like chasing your losses, which is the worst thing you can do in gambling. And don't forget about casino bet limits on each bet. Eventually you will reach the bet limit which wont help you anymore to recover your previous loss.

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September 21, 2024, 03:45:05 PM
 #145

For martingale to work, you need the capital to support the strategy because sometimes the losing streak can go over 10 times without it paying you out and I would advice you play some kind of live games to avoid feeling cheated after you lose...and don't try to rely on beginners luck to win at a casino , you will certainly lose.

Otherwise this strategy if for players with deep pockets ,and don't start big too because when you start chasing the win you have to commit till you catch it .
You don't really need to have a big capital to play martingale strategy, you can play as low as 1 Satoshi, so if you deposit $10, it's already enough to try martingale strategy. If you start from 1 Satoshi, you only spent around 1,000 Satoshi if you lose 10 times, while $10 is worth for 16,000 Satoshi.

Martingale isn't a guarantee strategy to make money, you will ended up wasting time as you keep waiting you will earn from this strategy.

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