Martingale strategy is a failure if you are consistent with it

[Blitzboy]

You did well. Martingale roulette wins are exciting, right? However, every streak (winning or losing) ends. Gamblers who enjoy themselves are the finest. Gambling's fun, people! You must be smart about it, like everything else in life. wager within your means, know when you're up, and never wager more than you can afford to lose.

Your experience is a great self-control lesson. Self-control is crucial to winning at the casino, in business, and in politics. I know my stuff. Next time, plan beforehand. Determine how much you're willing to win and, more crucially, lose. You can keep the pleasure going without breaking the pocketbook. I promise thats the finest strategy to defeat the house, and winners do it!

[Zigabel]

I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

The fact thst you knew when to stop and probably exit the casino was across a very good one because some persons actually don't get to know when to stop playing rather they just keep playing because they were able to get few wins at the first trial, they will just tend to continue and not know when to stop tull they end up loosing all of their funds to the casino and that becomes a problem to them because they no longer have the capacity to continue a d in some cases have nothing to fall back a lt again after probably loosing almost all they have got to the casino as at that time. After exiting for thst day, you can try another day and very likely you could get lucky and be able to win .

Gambling isn't something thst should be done to make money buy for fun just you did mentioned you don and rhst way it helps you gamble even ber and in some cases increasing your chances of winning because you place informed bets.

[coin-investor]

I can agree with your assessment the longer you play using Martingale, the more likely you are to lose money Martingale sounds good but when implemented, you will see how bad it is, and yet we are attracted to it because it is backed by logic, I can't remember how many times I used it and I even employ from time to time out of curiosity or I just want to play just for the sake of playing.

Martingale is so popular among newbies because newbies, when they start to play will search for a method to play or they will discover all by themselves the theory of doubling until you recover your losses, Even when these newbies discover or read articles about martingale they will still ignore the warning because they are attracted on the idea more than the established results.

[Bravut]

Martingale can be practice consistently for those with enough liquid funds assign for gambling, but for some looking to win at least have a small profit before closing for the day. I strongly suggest after you have recovered your loss or have any winning, return to the normal strategy than allowing the quest for more take you down.

Another thing is that OP was, expecting more after all the recovery he was still firing though he has learnt.
 One of my rules is after recovery quit.

[piebeyb]

This strategy doesn't really suit me since I got to know gambling until now it has never been profitable in fact I'm sure almost all beginners use this strategy to gamble because there are several automatic features in casinos that provide buttons with this martingale strategy, that's why people always try it in the end. lost and ran out of a lot of money, I even tried changing it in such a way as to regulate the number of rounds and increase the bet when I lost, but it didn't last long, in the end I lost again, so don't ever try this unless it's just for fun.

But when you try it in a demo game with fake money, the game using this strategy looks easy and you can win easily, maybe that's what is called marketing from the casino so that we can enter using real money and gamble using their automatic spin feature and use this martingale strategy then end up losing the money even until it runs out, even though there are limits to stopping the game when limiting the number of wins and losses, but I'm sure it won't be used by gamblers because they want to try to win big from the results of this strategy even though this isn't really true. profitable even if the gambler has enough money. My advice is don't try it

[Crypt0Gore]

I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selections, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

There is always another day, I like how you use a small amount of money to give this a try, this is what I expect from a fellow responsible gambler, now that the money is gone it feels like a small loss in exchange for some time well spent.

If you risked more you would have a different feeling right now, the smaller the money the better the feeling, either loss or win, also I would have taken my profit, this I know have saved me countless times when gambling.

The end result of continued gambling is losses after losses, when win comes it is time to take a leave, this was how I lost 0.5BTC that I won on freebitco some years ago, since I hit this amount after a few tries I thought it would keep happening until I lost everything.

You are to stop when the amount is over your bankroll, being greedy is what the casino hoped for, I never forget this.

[Frankolala]

I don't like the Martingale strategy because it will make you run at loss faster since you keep on increasing your bet in every new bet that is made. It is not advisable for gamblers to use it because gamble is a luck base game and not by any strategy that we use in order to make profit.

NO matter what strategy a gambler comes up wit, you might be lucky at the beginning of using it, but later on, you will run at loss. That time that you were winning is not because of the strategy that you were using but it just happened that your luck was on the game, and that was why you won the bets. Luck will never last, as it only comes withing a short time, and that is why we should only gamble for fun and use little funds for it to avoid great loss.

[Jawhead999]

Martingale strategy is easy to apply, you just need to double your money whenever you lose. Since the strategy is easy and if it's really work, why we haven't see most gamblers become rich?

Most of gamblers are either same or become poor, only few gamblers win from gambling.

Don't get scammed by other people that say martingale strategy will able to beat the house edge, they didn't even use martingale strategy lol.

[Aanuoluwatofunmi]

I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

If everyone of us are to start with the way of our gambling experience with the particular gambling strategies used, we must all have somethings to say and to warn about when it comes to choosing a particular gambling strategy of our choice, i also agrees that the kind of gambling strategy used by us on any game we are playing will also determine to an extent on the out come for that bet, in which we are expected to adopt with the use of the best strategy we think could service us a particular gambling purpose base of the kind of game involved. 

[Gozie51]

Thank you Oshosondy for sharing your experience. As for me, the first time I went to a online casino, I mate played roulette, and because I had heard so much about the Martingale strategy, I decided to test it. I lost 11 times in a row. I came to the conclusion that this strategy is good for quick in and out betting but long term the odds remain the same. It’s still the best overall approach. Just realize that when you start with $2, you lose in a succession. All those bets are simply to win back your initial $2 which I consider a slow growth.

This strategy is not said to be good for quick in and out betting. It can favour you in any aspect that you gamble and you can also lose from it. If you hold long position in martingale and it is right position for you, what will happen will still happen despite being in such position likewise short or quick in and out gambling. It is the decision taken on your game that matters not because you used martingale. Martingale is very enjoyable when you are in profit because the profit margin grow fast and that is also how the losses appear in your balance. To use martingale is when you have enough bankroll. However, some gamblers try to use martingale because they are chasing for the losses and they want to risk grabbing all.

[SamReomo]

Martingale strategy is the worst strategy that anyone applies in online gambling. I have lost a lot of money by using that strategy and I never recommend anyone to use that strategy when they are playing casino games.

The Martingale strategy somehow works well in sports betting but it fails you there as well. Even in trading that strategy doesn't work properly. That's why I believe one should try to avoid that strategy at any cost if they don't want to empty their accounts.

[acroman08]

I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

Martingale is a failure if you have limited funds and the casino you are gambling at has a maximum bet amount per "roll".

if you have very limited and somewhat a small fund and want to use Martingale (for some reason) lower the amount of your bet per "roll", that way you don't quickly lose all your funds and can gamble longer using Martingale. you can also use altcoins to bet if you want to make the amount of your bet a lot lower.

[Mahanton]

I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

The only issue or thing or problem with martingale is on the time that you would be able to experience those consecutive loses on which we know that this is something to be unknown on how long those
losing streaks would hit you considering playing up on roulettes doesnt mean that you cant be able to hit up 5-10x loses. Martingale is good but not something that you could rely on, we do know that when it comes to strategies that giving out that advantage against the casino doesn't really exist. You might be able to win up some money in first few tries but dont make yourself that getting confident that it would really be
working like a charm. Doubling your bet on the moment you do lose a bet? It doesnt matter on how small or big your capital or bankroll would be, on the time that that you would be suffering loses
then you cant be able to sustain or you would really be blowing up your entire balance in short time period.

Well, if you would really be that lucky then you could make money with martingale. The only issue on here, is that it would really be just that depending on how mindful you are
on securing profits when you are in green which its unlikely for someone to do it along the way.

[famososMuertos]

The goal is that you try Martingale to wager or want to double a certain amount (bet), but regardless of that, its use is defined by the size of the bet versus your bankroll, ithe other criteria have been explained ad nauseam are speculation.

 Martingale is a mathematical function, that's simply.

[Fortify]

I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

This "strategy" has always been a joke and is just something that losers cling to in order to pretend their is some logic to their madness. A strategy where you keep doubling up simply stops working whenever you inevitably run out of money and you will always run out of money much sooner than the casino does. They say that repeating the same thing over and over again while expecting different results is the definition of insanity, then this is an extension of that. You probably have better odds of winning the lottery than making any sort of sizable return by using this technique, you are much more likely to end up emptying your wallet and even borrowing more money to waste away if you try to use it.

[Sunderland]

Thank you Oshosondy for sharing your experience. As for me, the first time I went to a online casino, I mate played roulette, and because I had heard so much about the Martingale strategy, I decided to test it. I lost 11 times in a row. I came to the conclusion that this strategy is good for quick in and out betting but long term the odds remain the same. It’s still the best overall approach. Just realize that when you start with $2, you lose in a succession. All those bets are simply to win back your initial $2 which I consider a slow growth.

Eleven times in a row seems almost impossible, but I lost once ten times in a row too. It that's hard to bear in general, so imagine if you followed the martingale strategy...

If you are lucky you can beat the house in a few games, but the longer you play the bigger the chances to lose. The problem is that if you go all-in you don't enjoy the game, and there is no second chance if you lose, but if you play infinite times big numbers theory states that you will end up losing for sure. So the clue is in the balance, and martingale doesn't work because it is not balanced: it tempts fate too many times.

It is very possible, if we are unlucky - we could even lose more than 20 times in a row with martingale system.
Dont forget that the previous results will not influence the future outcome, e.g:
(Roulette) Red has won 9 times and for the next round the chances of Red and Black are still the same 50-50.

To use the Martingale system, it is highly recommended to have a fairly decent balance, because using Martingale with a small balance will only speed up our losses.

[blockman]

I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

As long as you have enjoyed the game, that's all that matters if you have anticipated that using martingale will get you nowhere but to lose it. If you are going to gamble more with roulette and with that strategy, you know what's going to be the outcome of it and that's for sure going to be another series of losses on your end. So, just think of it that you've done well and you enjoyed the small bankroll that you have started with and that's all that matters then.

[AmoreJaz]

This "strategy" has always been a joke and is just something that losers cling to in order to pretend their is some logic to their madness. A strategy where you keep doubling up simply stops working whenever you inevitably run out of money and you will always run out of money much sooner than the casino does. They say that repeating the same thing over and over again while expecting different results is the definition of insanity, then this is an extension of that. You probably have better odds of winning the lottery than making any sort of sizable return by using this technique, you are much more likely to end up emptying your wallet and even borrowing more money to waste away if you try to use it.

Martingale strategy is an old strategy used in gambling games. If you used this strategy before, you will understand that in your session, it may or may not work. Also, if you will not exit when you already won something, small or big, later on, you will also lose whatever winnings you have or your losses will catch up your winnings. So this strategy may work for some time but don't expect that it will work for you every time you think you will win the next big multiplier you will place. This is why, no one guarantees any known gambling strategy not even martingale to be a sure strategy to acquire your winnings from your bets.

[uneng]

This "strategy" has always been a joke and is just something that losers cling to in order to pretend their is some logic to their madness. A strategy where you keep doubling up simply stops working whenever you inevitably run out of money and you will always run out of money much sooner than the casino does. They say that repeating the same thing over and over again while expecting different results is the definition of insanity, then this is an extension of that. You probably have better odds of winning the lottery than making any sort of sizable return by using this technique, you are much more likely to end up emptying your wallet and even borrowing more money to waste away if you try to use it.

You can also run Martingale strategy with some modifications, like instead of doubling the bet size on each loss, you increase it a little less, or doesn't increase it at all on every consecutive losses. You can mix Martingale with random bets and see what happens... There are so many possibilities, although I fear it's inevitable you keep increasing your bets on losses within time, otherwise you won't make any profit in gambling, anyway, neither on short run, neither on long run. Many veteran gamblers don't like Martingale, but I ask how can they play without using this strategy somehow?

I think it's not possible. It's bad to gamble with Martingale, but worst without it, I suppose. So you have to choose the lesser evil in this case when choosing what strategy to apply to your gambling session.

[o48o]

By theory, martingale strategy will work if you have a lot of money, while in this case you didn't have a lot and you try to use martingale strategy, it's why your money can run out fast. I'm not saying that martingale strategy is a legit strategy to win in gambling, but you didn't meet the requirement to use martingale strategy, so we don't know how it will goes when you have a lot money.

Nope, it doesn't. You are just risking more money that way. It doesn't work even in theory like some people suggested. It's mathematically flawed. Martingale would only work if you had INFINITE amount of money, and not only would you need to gamble then, it's just scientifically impossible concept to have infinite amount of money.

And i see this argument all the time that it works for a while and then it doesn't, so you need to stop in time. That's not true either. Sure, if you choose low odds, you have higher change to win, but because it's low odds, you are just risking more money for less profits. All kinds of variations of martingale are mathematically proven not to work. It's not something we could argue about.