Martingale strategy is a failure if you are consistent with it

[lienfaye]

This strategy is double the wage to gain back the losses and double the losses once you fail to win the game, I do strategy of martingale is once I won after lose streak I make another bet from the start like if I wage and lose I use this strategy and then once I earned back my loses and take at least small amount of profit ill go back to the original strategy, well sometimes its quite effective in my part but sometimes of course not, so I keep changing games than taking this strategy.

In my case, I only use martingale when already desperate to gain back fast what I already lost. It would be good if the outcome is what you expected it to be however we know the chances are 50-50 (i'm playing baccarat btw). If you use this strategy, might as well be prepared to lose and refrain from having a high expectation. This is from my experience before since I rarely gamble nowadays due to loads of work. Often, i'm just playing once a week depending if I have a capital.

[alegotardo]

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 very interesting strategy, but it only works if you combine it with very strict risk management.

Imagine that you have a bankroll of $50, if you start by betting $15 the first time, on the second try you will have already bet more than half of your budget. I say from experience that you need to have a budget to sustain losses of at least 10 consecutive bets.

It is necessary to recognize that the Martingale strategy is not miraculous, it does not last forever and it is often better to leave the game and make the profit while it still exists.

Another way to minimize Martingale risks is to set a maximum multiplication value and whenever you reach it, save half the value or return to the initial bet. Make sure you don't risk the money you earn.

[dansus021]

Back then I Played a crash and used this Martingale strategy I just barely knew the strategy hahaha what I know Is just put more bets when I lose and it only happened in Crash and here is my bet history at the end of the image I try to go all in and lose it all hahhaha.
and for today I just knew that you can use try this strategy on futures trading or other derivative trading

[topbitcoin]

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.

I just hope that your next experience is more enjoyable and controlled. Keep playing wisely and enjoy the game!

I understand how exciting the game of roulette can be, it's simplicity and tranquility. The Martingale strategy is widely used due to its straightforward principle: double the bet after each loss with hopes of recovering previous losses and coming out on top with a small profit. But as you've come to realize, it can also spell high risk.

Losing all your money after five consecutive wins without winning can indeed be disheartening, especially after a few initial victories. This starkly underscores the monumental risks tied to the Martingale strategy, the obligation to double down every time you lose ensures a swift path towards substantial losses.

I get that even though you lose, you like the game. Roulette can be very entertaining and has its own share of thrill. However, remember to always play smart and set limits for yourself when playing.

[Julien_Olynpic]

This strategy is double the wage to gain back the losses and double the losses once you fail to win the game, I do strategy of martingale is once I won after lose streak I make another bet from the start like if I wage and lose I use this strategy and then once I earned back my loses and take at least small amount of profit ill go back to the original strategy, well sometimes its quite effective in my part but sometimes of course not, so I keep changing games than taking this strategy.

In my case, I only use martingale when already desperate to gain back fast what I already lost. It would be good if the outcome is what you expected it to be however we know the chances are 50-50 (i'm playing baccarat btw). If you use this strategy, might as well be prepared to lose and refrain from having a high expectation. This is from my experience before since I rarely gamble nowadays due to loads of work. Often, i'm just playing once a week depending if I have a capital.

I would say that all people use the Martingale strategy mostly out of desperation. The Martingale strategy is based on the desire to win back. However, such a desire very rarely leads to the required results. More precisely, this can sometimes lead to positive results, but it would be better if this did not happen. A person who won thanks to the Martingale strategy won by chance, but it begins to seem to him that this is not so, that there is a pattern in his winnings that can be repeated. In the end, that's what he tries to do. As a result, he faces inevitable collapse.

[redsun114]

In my case, I only use martingale when already desperate to gain back fast what I already lost. It would be good if the outcome is what you expected it to be however we know the chances are 50-50 (i'm playing baccarat btw). If you use this strategy, might as well be prepared to lose and refrain from having a high expectation. This is from my experience before since I rarely gamble nowadays due to loads of work. Often, i'm just playing once a week depending if I have a capital.

I would say that all people use the Martingale strategy mostly out of desperation. The Martingale strategy is based on the desire to win back. However, such a desire very rarely leads to the required results. More precisely, this can sometimes lead to positive results, but it would be better if this did not happen. A person who won thanks to the Martingale strategy won by chance, but it begins to seem to him that this is not so, that there is a pattern in his winnings that can be repeated. In the end, that's what he tries to do. As a result, he faces inevitable collapse.

Maybe it is valid if the set up is high but it can still take more than 1 bets. If a gambler is truly desperate, they will do a max bet / YOLO / all-in, instead. There are gambling strategies who made for us to wager high even by using a small capital/bet but whatever gambling strategy was it, there is only one thing in our head and that is to win.

For those who play for fun, I think they don't need a strategy anymore. With or without a strategy but once a greedy person tastes a profit, they will surely come back. There are still people that even if they don't win at their first try, they still come back because they are only after the entertainment factor of it.

[kotajikikox]

I am absolutely supporting this because most comments says Martingale will only succeed if you have large capital to sustain the continuity of your bet but for me ? this will be effective once you understand how and when to stand up  the table because in gambling the longer you stay is the bigger chances of losing and this is based on my own experience over the years.

[michellee]

Playing roulette is interesting and addictive, especially if we never win. But we have to remember that no matter how much money we use to play roulette, it will be difficult for us to win if we don't have luck. We just hand over our money to the dealer and cannot win the game easily.

But if you can enjoy the game, even if you lose, it's still fun. Unfortunately, many people become eager to try to win and they will use more of their money. It's hard for them to win if they've lost their minds.

The important thing is that you know how much money you can afford to lose. By having that thought, you will take care of yourself and try to reduce the number of large losses. You are just trying to get pleasure from the gambling game you play. After that, you can stop immediately without any problems.

[Porfirii]

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-snip-
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.
-snip-

I have found this really difficult to explain to some friends in real life in the past. And they weren't illiterate, one of them even had a degree in chemistry, so he didn't only know about about probabilities and statistics, but also high level calculus.

It seems that it is counter-intuitive, but it is really that easy: every time you gamble, the chances reset after every result.

[Japinat]

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 same strategy but may have a different experience, however, if we look at the chances, all of us will still lose in the long run. We are lucky now, but overall we will lose because there's no way to beat the house edge regardless of what strategy we are using. In fact, base on my experience, "martingale strategy" only makes me an irresponsible gambler because I don't accept losses and I want to chase until I'll be in the profitable side.

[Oshosondy]

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.

I did not know about martingale strategy before until I came to this forum. I saw some people that suggested it on this forum but I have not really been using it until yesterday because I am not a person that is using gambling to look for money. I just prefer to visit casinos not quite often at all and I play roulette with just little amount of money. I just decided to try roulette yesterday to see if what people have said about it is true or not but I saw that the strategy can increase the chance for someone to win but also it can increase the chance for someone to lose.

[Dr.Bitcoin_Strange]

I must say that you had fun, bro. As you already thought to have doubled your winnings to $25 if the 5 loss you had was successful, even if you won that $25, I feel you would still have had the urge to keep gambling, and you may still end up losing all your money. The first day I played a slot game, I won, but due to how persistent I was, I thought I could win more with whatever strategy was running through my head, but at the end, I lost everything. It happened the day I played Crash. This is the reason why if someone says they are addicted to gambling, I just get this word, "Yeah, it is what it is,"  running through my head. 

[Casdinyard]

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 Martingale Strat fails on you, that means you're not up for it. The idea behind that strat is to accumulate as much losses as possible in the hopes that in your next roll, you win it all with some more, and then from there reset, which will at the end of the day earn you more money in the long run. If it fails on you that means you're literally not financially sufficient enough to support the strat and keep up with the process, cause it requires you to always have a stake no matter how big the losses you incurred are.

So yeah, it's not for everyone, and it's exceptionally not for people who aren't able to go on a high roll cause this will always require you to go on a high roll. Try and seek out a different win strat that wouldn't require you doubling your bets after losing.

[Oshosondy]

If it fails on you that means you're literally not financially sufficient enough to support the strat and keep up with the process, cause it requires you to always have a stake no matter how big the losses you incurred are.

I went 5 rounds consecutively and I lost all the money. Did you understand by what I said 5 times consecutively? I meant that I played the game for 5 different times in a roll and I lost the 5 whole times. What if I have gone 6 or 7 times and I continue to lose. If I can lost 5 times consecutively, that means it is possible I can lose more if I continue. It is not about how much money that you have, it is about using just little amount of money to gamble because the house still has upper hand to win your money than for you to win them.

[qwertyup23]

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 problem with the Martingale strategy is that you really have to prepare a huge capital if you were to implement this technique.

The Martingale strategy requires a person to double their next bet on the value of their initial bet. For example, if a person bets $2 and lost, the next bet should be $4... and so on. Sure, there is that possibility of doubling your money or even recovering all your previous losses from a single bet but this quickly compounds into a huge amount especially if you are on a losing streak.

Take advantage of every winnings that you have when you use this kind of strategy. As soon as you recovered your losses and started winning, plan ahead on the value that you would exit for maximum profitability.

[swogerino]

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.

Well,5 times consecutive lost is nothing nowadays,the games are software controlled and they can even make you lose like 100 out of 100 plays,in real life if you toss the dice 100 times to red at least 1 time will come red if not much more or in the black,during roulette playing that is why they have put limits to martingale strategy as if you have unlimited budget you can increase it by playing all day and doubling your amount,so to make a long story short martingale works only in theory,in practice gambling houses and casinos have put limits in place to make it not work,so in other words martingale as a strategy only works in an ideal world,which unfortunately does not exist for any of us.

[_act_]

Well,5 times consecutive lost is nothing nowadays,the games are software controlled and they can even make you lose like 100 out of 100 plays,in real life if you toss the dice 100 times to red at least 1 time will come red if not much more or in the black,during roulette playing that is why they have put limits to martingale strategy as if you have unlimited budget you can increase it by playing all day and doubling your amount,so to make a long story short martingale works only in theory,in practice gambling houses and casinos have put limits in place to make it not work,so in other words martingale as a strategy only works in an ideal world,which unfortunately does not exist for any of us.

Not even only martingale strategy. I have tried many other strategies and all have the same end result which is failure. What I noticed about the strategies including martingale strategy was that if you try them for short period of time, you can win little amount of money, but after you continue to use it, you will notice that you lost all the money and losses become high. I have looked for many strategies in the past but all failed and I relent because I finally knew that gambling should be for entertaining yourself because it is like the gambling sites are rendering you services to only take your money.

[Japinat]

Well,5 times consecutive lost is nothing nowadays,the games are software controlled and they can even make you lose like 100 out of 100 plays,in real life if you toss the dice 100 times to red at least 1 time will come red if not much more or in the black,during roulette playing that is why they have put limits to martingale strategy as if you have unlimited budget you can increase it by playing all day and doubling your amount,so to make a long story short martingale works only in theory,in practice gambling houses and casinos have put limits in place to make it not work,so in other words martingale as a strategy only works in an ideal world,which unfortunately does not exist for any of us.

Not even only martingale strategy. I have tried many other strategies and all have the same end result which is failure. What I noticed about the strategies including martingale strategy was that if you try them for short period of time, you can win little amount of money, but after you continue to use it, you will notice that you lost all the money and losses become high. I have looked for many strategies in the past but all failed and I relent because I finally knew that gambling should be for entertaining yourself because it is like the gambling sites are rendering you services to only take your money.

I think you should start with analyzing the game you are playing, if there is a house edge, then for sure no bankroll management or betting strategy that will work in your favor in the long run. You gotta be smart to determine that you are just wasting your time if you intend to succeed in a game that has a house edge. you are right that you can only be profitable in short term but in the long run, everyone losses. 

So the point here is, choose a game that does not have a house edge if you want to succeed, or if you just want to have fun and would complely rely on your luck, then you can choose to play in a game with house edge.

[Wexnident]

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.

Well martingale only ever works if you have an infinite amount of money for your bankroll. That's just how martingale naturally rolls. It's a strategy simply because in theory, you're able to recoup your losses as long as you can afford it. And if you can, the few instances you win instantly translate into profit. Outside of that, it's anything other than consistent lol. That's why if I ever do try to martingale due to laziness, I'd always go microscopic in terms of amount. Say I have $100 total to bet, I'd probably bet with 1$ increments only or so, lower even if possible.

[Rabata]

According to calculations, Martingale method can be profitable but must be played according to that style. Many people worry about their bankroll after placing a few bets on the Martingale method. Moreover, this method can be more risky for those with smaller bankrolls. If they lose several bets in a row, they lose the ability to place the next bet. If there is enough money then I support this degree but it is not very suitable for those who do not have financial support. Whatever strategy we use there is no way to ignore luck in gambling.