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Author Topic: Martingale strategy is a failure if you are consistent with it  (Read 649 times)
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July 26, 2024, 07:04:03 AM
 #101

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.

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August 06, 2024, 04:47:08 PM
 #102

If you test Martingale on some simulators, the initial bets of $3-7 with a bankroll of $10,000 and a bet of "always on red" can bring a profit of several hundred dollars. But it seems to me that casino game simulators still differ in real odds from the real game. Casinos have rules that limit the maximum bets. In addition, you can win a good amount of money 30 times and lose it all in one go. This is the Martingale strategy. The main problem is that you can risk a bankroll of $10,000 for a win of a few dollars.
What is going on if you do that experiment is that you have not simulated enough spins of the roulette, so if you were to only simulate a few hundred spins or even a few thousands, there is still a good chance that you could earn money with the martingale strategy, however if you were to simulate one million spins, then regardless of the number of times you ran the simulation, you will always lose, showing that over the long term the martingale strategy always losses.
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August 06, 2024, 07:38:01 PM
 #103

I have a similar experience with martingale. Ideally martingale works if you have infinite fund to start with, if you keep double or covering the last bet loss with every new bet. The reason why our martingale stops is we don't have enough money or patience.
Back than there used to be a gambling site that allowed auto running strategies and let us go as below as 1 satoshi per bet. I had enough bitcoins and did started my bet on 1 satoshi. Running it all day, I earned something 3000ish satoshi everyday. But running it as such for such small profit was frustrating. I got bored and increased the minimum to 100 satoshi busting it in a few hours.



You are probably right about this the martingale betting system only works those that have unlimited amount of money but no matter how rich you are you wouldn't be able to risk up to a certain amount. Casino games are very unpredictable and some days they might just be out to wreck people. What if you keep on doubling trying to recover and each round you stake on keeps going sideways. The disadvantages of this betting system outweighs the advantages. Gamblers should just stick to betting with what they can comfortably afford to lose

R


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August 06, 2024, 08:21:04 PM
 #104

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.

Calling martingale a strategy is like calling burning money a strategy. Most people gamble because they want to get rich, which suggests that they are starting with a comparatively small pool of money, and most big casinos will have quite large reserves which are many times bigger than the average player. If we are considering that every play is equivalent to a 50/50 chance of winning (it's not - the house always has at least a slight advantage), then you are guaranteed to run out of money long before the casino runs out of money, it's a simple numbers game. It also relies on greed, which is where the casino always makes it's money back - a player simply doesn't know when to take the money and run.

R


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