Does martingale really works?

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hensi:

Everyone who has been a part of any gambling site must have tried martingale. so i just wanted to know your experience that have u ever gained profit from martingale? or its name should be changed to martinfail?

badjacks99:

I would say martainfail for the most part. Ive had some good sessions where i have made some profit and i think the key is to stop when your ahead. It only takes one terrible streak to lose everything which is pretty inevitable. I still use that mainly when dicing and playing roulette but it certainly isnt foolproof. Thats my 2 cents.

DeathAndTaxes:

Of course it doesn't otherwise every casino in the world would be bankrupt.  Those good at math (i.e. casino operators) love martingale players especially those with large amounts of disposable (losable) income.  Often they will fly them in, comp their stay, buy them gifts, anything to keep them happy and playing.  Sometimes they win, sometimes they lose but in the long run the house advantage is insurmountable.

leex1528:

Quote from: hensi on May 15, 2014, 06:08:09 PM
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Everyone who has been a part of any gambling site must have tried martingale. so i just wanted to know your experience that have u ever gained profit from martingale? or its name should be changed to martinfail?

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Yes it is probably the best method you can use, but just like any other method, if you play tons of hands/rolls, expect to lose everything.

I usually set a goal of gaining like .01BTC per day maybe try for like 10 wins or something, 10 wins before you lose say 10 in a row...usually have great odds in that.

Joca97:

martingale killed me a lot of times so sometimes isnt recommended

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