Double when you win, or double when you lose?

[SATWAT]

In the long run, there is no difference between these two options. You can even use the third option - to constantly double, regardless of the previous result. All of these options are not profitable strategies, just like the Martingale strategy. These are just ways to diversify the gambling game for more interest if you get bored with the monotonous spins. The only question is the amount of your bankroll, how long it will last.

Gamblers usually playing for fun never go ahead with anything special because they also understand consequences of having things like these but sometime peoples those are looking for big after having good win they jump, but mostly it's never ended on same for all.
Sometime back I was on different social media channels and have discussion with many peoples from different region those give their own views about this mostly never love to go jump big because fear of lost is always too high so they love to remain under their limit.
Few love to go for them as this give them good chance but still things have never been on same because it's all about your own strategy and mindset what you want and how you want to play.

[Cityhunter34]

Well, if you want to manage your bankroll very well, you will have to remain discipline and keep to your terms. If you had said you will use just a fixed amount, then don't go above that amount no matter how bored you are with just your terms. You don't have to switch anything up because they could be the product of your failure. I am not so sure I do stick to rules most of the times but I try my best.

Actually that is just the best way to overcome losses in gambling. Because if we can be able to stick to discipline, then it will going to help us in managing our bankroll very well without experiencing too much losses in gambling. Though most times that is the problem most gamblers normally have when gambling, they always failed to stick to their usual fixed amount which is coursing them more losses in gambling.

[bitbollo]

Short answer. Never! You should avoid random bets based on previous outcomes.
Imagine to apply the same with btc. Are you doubling your sell or buy based on price evolution? No I dont think... The same applied to gambling.
Meanwhile if you have a great idea for a bet or maybe you feel confident about an outcomes so It changes a lot and yes I would "double" the basic amount for a bet.

[Wakate]

Bankroll management with a fixed amount can feel boring sometimes, that’s why we get tempted to switch it up and try different betting styles. Not quite Martingale, but upping the stakes occasionally definitely adds more thrill.

Between the two options, which one do you think actually delivers more wins than losses in the long run for you?

I think we all have different motivations and their things that do make us intrigued to bet more. Some gamblers would rather gamble more when they lose bets they should have won because of a team that spoilt the whole bet. Sometimes this is a motivation that we are getting close to winning which do make some gamblers to hustle more and fund their bankroll if they don't have substantial amount that will be okay for them to keep gambling.

Some would rather gamble more they they make a huge winning, some small winnings can make them want to get more because that send a signal to them that they can do more and make more money from themselves by taking opportunity of every attempt to make profits.

[sunsilk]

Bankroll management with a fixed amount can feel boring sometimes, that’s why we get tempted to switch it up and try different betting styles. Not quite Martingale, but upping the stakes occasionally definitely adds more thrill.

Between the two options, which one do you think actually delivers more wins than losses in the long run for you?

Doubling when you lose will make you lose more in the long run. You may win a couple of times, but it won't be as much as losing every time you bet.

Doubling down isn't a good choice for me and I'd avoid that and I won't follow the path of martingale anymore. But whether you've been winning a lot and you're having a good time.

When you lack of discipline, you'll still potentially going to lose them all.

[Wexnident]

Bankroll management with a fixed amount can feel boring sometimes, that’s why we get tempted to switch it up and try different betting styles. Not quite Martingale, but upping the stakes occasionally definitely adds more thrill.

Between the two options, which one do you think actually delivers more wins than losses in the long run for you?

Pretty sure they're just the same in average? I mean if we consider an absolute 50/50 chance for a game, then yeah, same average. Personally I mosstly do doubling whenever I win since it just cancels it out even if I lose, and just go to the standard bet if I do actually lose. Betting more when losing instead just increases the speed that I lose my entire bankroll. Not that I've never done that before though. Personally have bet all of my bankroll after logging in into one crash game and immediately losing all of it xd. All just preference.

[Hewlet]

Bankroll management with a fixed amount can feel boring sometimes, that’s why we get tempted to switch it up and try different betting styles. Not quite Martingale, but upping the stakes occasionally definitely adds more thrill.

Between the two options, which one do you think actually delivers more wins than losses in the long run for you?

If you're tempted to double at the point of either winning or when you've lost, it only means that you're not yet a disciplined gambler. Either of the two options you're considering doesn't make you win more or even place you at a better position. You can win and decide to double up your win and then lose it all or lose and try to double things up and still loose even more. It is better to have a plan and stick to it if you're hoping to get the best of result out of your gambling. There's nothing even boring about gambling with a fixed amount, it's better that you allow it to be boring when you still stay safe than trying out things that will land you is a loss you're not ready to face.

[$crypto$]

It's actually better to have doubles when you win than doubles when you lose.
It's just that does this provide long-term wins? Of course not, right? We often try both but nothing works in the long run, but it's better to bet as usual, no need to increase the bet under any circumstances, unless you really want to chase losses.

[Cryptmuster]

Bankroll management with a fixed amount can feel boring sometimes, that’s why we get tempted to switch it up and try different betting styles. Not quite Martingale, but upping the stakes occasionally definitely adds more thrill.

Between the two options, which one do you think actually delivers more wins than losses in the long run for you?

I don't see anything boring in staying in the safe zone when I stick to the right risk management in gambling. Sometimes I can actually double my bet but it is still very safe for my deposit, and I do it in extreme cases when I think the probability of winning is on my side. And this does not depend on my previous bets and whether I won or lost them, just the boring approach you are talking about is the most comfortable for becoming successful in gambling.

[Woodie]

This to me sounds like a comparison between "Martingale" and "Reverse Martingale" ...but we all know how things end up personally I think it makes more sense to double up on a loss in trying to win back what was lost, the only disadvantage this approach has is if you don't have the bankroll to keep up with a losing streak as the funds required can move from mere pennies to thousands of $$$ just to make a small profit.

But hey, like they say no Risk no Gain...go with what works for you.

[blomen]

if you double your money every time you win, you will have more money to invest as long as you win (and the chances of winning 1/2 are very low in the long run) but after a few rounds, or eventually, you will lose a lot of your money.

it's all about the risk/profit ratio, but when i win, i either keep the amount of money constant or reduce it a bit. at least this time when i lose, i'm still in profit. when i lose, doubling (martingale) is quite risky, but it can be tried for a short time. if you do it too long, martingale will bankrupt you.

[Peanutswar]

Seems like the same with the martingale strategy but the differential here is you make double no matter what the outcome is but instead in martingale you will only double when you lose. Seems its quite risky in this part because you make a double every game could be good at the same time with higher rolls but again not all games are wins so you will make immediately lose tons of money and getting hard to recover if you lose.

[Ruttoshi]

Bankroll management with a fixed amount can feel boring sometimes, that’s why we get tempted to switch it up and try different betting styles. Not quite Martingale, but upping the stakes occasionally definitely adds more thrill.

Between the two options, which one do you think actually delivers more wins than losses in the long run for you?

When you put making profits as your priority when gambling, you are getting it wrong because no matter how big the amount of money is that you use to stake your bet you will still run at loss in the long run. This is why having a fixed amount for your gambling budget is important to limit your losses, since it's an amount that you can let go.

You are right to say that you might not be able to stick to a particular amount when gambling all the time, but that doesn't mean that you should be greedy and double your bankroll, because greed is what will make you that to gamble with fixed amount of money is boring. What I do is that sometimes, I exhaust my weekly budget within two days and wouldn't gamble until it's refilled.

[jcojci]

I am trying not to tempt to switch it up and try different betting styles because that can make me loss more money. I prefer to stop gambling if I am in that situation. My emotion can increase and make me lose control and once that is happen, my losses will also become big.

I can satisfy with my current win and will not chase more winning. I know that can ruin everything I have even my winning. So stop gambling will be a good decision for me. But if you think you want to increase your bet, that will be up to you but you must realize the risk will become big.

[btc_angela]

Bankroll management with a fixed amount can feel boring sometimes, that’s why we get tempted to switch it up and try different betting styles. Not quite Martingale, but upping the stakes occasionally definitely adds more thrill.

Between the two options, which one do you think actually delivers more wins than losses in the long run for you?

I don't think that any of this strategies will bring you or deliver you more money in the long run.

As we all know that there is the house edge, so the more you play, the high chances that it will caught up with you. So for me, if I loses, maybe I will just stick to my initial bet no matter what.

Or I will just up by bet whatever I feel like to, no rigid set of strategies and see how it goes.

[KiaKia]

Bankroll management with a fixed amount can feel boring sometimes, that’s why we get tempted to switch it up and try different betting styles. Not quite Martingale, but upping the stakes occasionally definitely adds more thrill.

Between the two options, which one do you think actually delivers more wins than losses in the long run for you?

How boring? Let's say I can manage $3 on slots game in an hour, and later I feel unsatisfied because the time is too small for me, instead if me to increase the amount to $6 so that I can gamble for 2 hours I would rather lower the amount I risk on slot rounds, I will still stick to my $3 anyways.

I think we forget that we are risking what we can afford to lose? All in the name of you getting bored and not satisfied enough is a road to addiction, all good things shall come to an end. If you gamble for limited time you will feel excited for your next gambling session coming up another day.

If you give gambling too much time it expose you to more risk and you will later get bored too because you are giving it too much attention, less attention on anything you love to do equals to you wanting to feel the experience again.

[Kelward]

I am not a fan of this but let's assume that I was going to do this with the money that I know that I can afford to lose, it will be to double on my win. Double down on my loss will make my losses increase if I para venture should lose that amount again. But if I should lose when I double on my wins, the loss will be small. I don't know if this makes sense but it is the way I have rationalized it.

I agree that gambling with a fixed bankroll in mind can be boring but for me it's a better option than the two in the OP. But if I want to increase my risk or thrill and have to choose, it'll definitely be double on my wins, atleast I'm not staking from my bankroll. The problem with the strategy is that if you're not lucky to win after gambling with your initial win and you continue to gamble, the table can turn around. It will mean that you're doubling on your loses, which is no difference than the regular chasing loses. I've disciplined myself not to exceed my budgeted bankroll, it doesn't matter whether I'm winning or losing and the strategy suits me very well.

[Cantsay]

Bankroll management with a fixed amount can feel boring sometimes, that’s why we get tempted to switch it up and try different betting styles. Not quite Martingale, but upping the stakes occasionally definitely adds more thrill.

Between the two options, which one do you think actually delivers more wins than losses in the long run for you?

Since you mentioned that it’s not martingale where I have to double my initial bet and the increment I’m going to make depends solely on how I feel then I usually balance between both increasing and reducing the bets; if I increase it and noticed that I’m losing too much and it’s making my bankroll go down quickly I tend to reduce my bet and after winning a few bets I’ll increase it back to normal and when there are losses again I’ll return back to the lower bets and try to maintain my bankroll.

If I just keeep placing high amounts on each bets I’ll end up with a zero balance in short time but when I move between low and high bets I will be able to stay longer and enjoy more games before I finally call it a quit.

[dwyane36]

Seems like the same with the martingale strategy but the differential here is you make double no matter what the outcome is but instead in martingale you will only double when you lose. Seems its quite risky in this part because you make a double every game could be good at the same time with higher rolls but again not all games are wins so you will make immediately lose tons of money and getting hard to recover if you lose.

The martingale strategy itself isn't particularly effective in the long term because of the house edge and requires constant adjustments during the gambling session. So, the option when a gambler doubles the bet after a win and after a loss is probably completely meaningless. Rather, it's one of the fastest ways to lose the entire deposit.

[cryptomaniac_xxx]

Seems like the same with the martingale strategy but the differential here is you make double no matter what the outcome is but instead in martingale you will only double when you lose. Seems its quite risky in this part because you make a double every game could be good at the same time with higher rolls but again not all games are wins so you will make immediately lose tons of money and getting hard to recover if you lose.

The martingale strategy itself isn't particularly effective in the long term because of the house edge and requires constant adjustments during the gambling session. So, the option when a gambler doubles the bet after a win and after a loss is probably completely meaningless. Rather, it's one of the fastest ways to lose the entire deposit.

Also casinos has limit as well, so even if you have a million dollar in your hand, maybe the game itself will not allow you bet that big amount unless your are a VIP or a whale. So for average joe, martingale system is bad.

For this, it's also a very bad strategy, neither works and it's better to just to stick to your regular pattern. I know it's going to be boring specially if you feel that you are lucky and can make quick profit by doubling when you win, but still it's better to play the minimum. And even if you win because you double on your bet every win, do you have the control to get out and exit if you have won big money already?