Does martingale really works?

[nikona]

I never said it will tell you about martingale in gambling.
Its is a general method used accross all fields.Albeit,this video talks about martingale in trading but you can still learn alot from it.

Anyways, just to add another great martingale video which applies to gambling: https://www.youtube.com/watch?v=Ac3emS4knSU

Discusses all the flaws too.

[1714691534]

1714691534

[1714691534]

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[FanEagle]

Let's discuss how at 2:15 he is bad at math: 512 becomes 1028? every tech knows that 512 becomes 1024...
Then lets do this:
What if instead of black/red I do my usual betting style of the dozen?
Let's say I bet:
10 and lose.
20 and lose.
40 and lose.
80 and win.
In this case I win 240 dollars. which covers amply the loss of 70 with a nice 90 dollars profits.
Let's say im a degenerate gambler, and decide to give away my money and play on a 6 numbers.
Still good profit.
How overcome he martingale problem? do it risky.
If you lose, you lose, if you win, you go away happy.

[boopy265420]

I will say martingale never worked for me in dice.Every time I started playing at start it worked for me but after continuous play of about half hour it begins to show its color means 11-12 red in a row and I ended up with loss at zero balance.I think as someone mentioned up first 100 bets are best to make as much as you can then you start loosing you winnings.

[madonnino]

Let's say I bet:
10 and lose.
20 and lose.
40 and lose.
80 and win.
In this case I win 240 dollars. which covers amply the loss of 70 with a nice 90 dollars profits.

i haven't understand this, 10 and lose, 20 and lose , 40 and lose = 70lost    80 and wind=m 10 profit,
where i'm wrong? 

[arallmuus]

i haven't understand this, 10 and lose, 20 and lose , 40 and lose = 70lost    80 and wind=m 10 profit,
where i'm wrong? 

FanEagle was actually referring to roulette instead of dice by betting on dozen row (references below ). That would be 33 % chances to win in a dice sites and 3x payout

This is not actually a martingale however this is a variance of martingale with 33 % chance and also increase 2x on losses. However with such sequences the chances are slimmer to win than the normal martingale however each win will get you alot more than the normal martingale (slimmer chances than dice if you do it on roulette considering the higher house edge

I do my usual betting style of the dozen?

[BTCevo]

For me martingale in luck based games would kill you in the long run but if you use martingale in sports there is a high chance that you will success

I dont think using martingale on sport betting besides dice is really useful though. Dice is faster on recover but I dont see any chance of recovering with sport betting. And it doesnt apply to you if there is really high chance on betting on sport. It is all depends on your luck too. Thats why they call it gambling

[Hexcoin]

For me martingale in luck based games would kill you in the long run but if you use martingale in sports there is a high chance that you will success

I dont think using martingale on sport betting besides dice is really useful though. Dice is faster on recover but I dont see any chance of recovering with sport betting. And it doesnt apply to you if there is really high chance on betting on sport. It is all depends on your luck too. Thats why they call it gambling

You have higher chance to recover the loss in sports coz you use your skill and you can see stats of the game and not like dices which only rely on luck

[BTCevo]

For me martingale in luck based games would kill you in the long run but if you use martingale in sports there is a high chance that you will success

I dont think using martingale on sport betting besides dice is really useful though. Dice is faster on recover but I dont see any chance of recovering with sport betting. And it doesnt apply to you if there is really high chance on betting on sport. It is all depends on your luck too. Thats why they call it gambling

You have higher chance to recover the loss in sports coz you use your skill and you can see stats of the game and not like dices which only rely on luck

You really need luck too to pick a good one, sometimes higher odds also can win against low odds so its hard to make that guess plus if you make parlay it will double your loss too so its hard to recovering it

[Hexcoin]

For me martingale in luck based games would kill you in the long run but if you use martingale in sports there is a high chance that you will success

I dont think using martingale on sport betting besides dice is really useful though. Dice is faster on recover but I dont see any chance of recovering with sport betting. And it doesnt apply to you if there is really high chance on betting on sport. It is all depends on your luck too. Thats why they call it gambling

You have higher chance to recover the loss in sports coz you use your skill and you can see stats of the game and not like dices which only rely on luck

You really need luck too to pick a good one, sometimes higher odds also can win against low odds so its hard to make that guess plus if you make parlay it will double your loss too so its hard to recovering it

If you always lose on sports then you have no skill at it. Surely it is not advisable to martingle if the gambler doesnt know much about a certain sport

[cazkooo]

If you always lose on sports then you have no skill at it.

Picking on a favourite team to win require no skill at all. Some sports betting player think they got skill but they are just betting for the favourite team to win. Like the previous match for example, Argentina vs Paraguay. Most people will choose Argentina to win and thats require no skill but it is logical to choose the favourite team

[sherbyspark]

If you always lose on sports then you have no skill at it.

Picking on a favourite team to win require no skill at all. Some sports betting player think they got skill but they are just betting for the favourite team to win. Like the previous match for example, Argentina vs Paraguay. Most people will choose Argentina to win and thats require no skill but it is logical to choose the favourite team

I am not sure how true that is, but there are sites that offer tips which win most of the times, and they wouldn't just be offering tips to be based only on luck ,and they don't randomly go about posting tips. They seem to have shown a good track record, and are likely to win on martingale on sports betting.

[cazkooo]

If you always lose on sports then you have no skill at it.

Picking on a favourite team to win require no skill at all. Some sports betting player think they got skill but they are just betting for the favourite team to win. Like the previous match for example, Argentina vs Paraguay. Most people will choose Argentina to win and thats require no skill but it is logical to choose the favourite team

I am not sure how true that is, but there are sites that offer tips which win most of the times, and they wouldn't just be offering tips to be based only on luck ,and they don't randomly go about posting tips. They seem to have shown a good track record, and are likely to win on martingale on sports betting.

Of course not, Im just saying it to him that betting on favourite team to win require no skill at all . So if someone saying everything is about skill in choosing the right team than that is wrong. It is logical to choose favourite team to win and thats not skill but if you analyze a match from lower league and give good tips thats what I call a skill

[Phildo]

If you always lose on sports then you have no skill at it.

Picking on a favourite team to win require no skill at all. Some sports betting player think they got skill but they are just betting for the favourite team to win. Like the previous match for example, Argentina vs Paraguay. Most people will choose Argentina to win and thats require no skill but it is logical to choose the favourite team

No, because the juice against picking the favorite team means you will lose more money than you will win. That's the whole point of sports betting, not every team has a 50% chance of winning, so they mess with the odds/spread to make it closer to even. If you bet on every favorite you will win a lot of bets, but when you lose you will lose more money than you won in the previous bets.

[cazkooo]

If you always lose on sports then you have no skill at it.

Picking on a favourite team to win require no skill at all. Some sports betting player think they got skill but they are just betting for the favourite team to win. Like the previous match for example, Argentina vs Paraguay. Most people will choose Argentina to win and thats require no skill but it is logical to choose the favourite team

No, because the juice against picking the favorite team means you will lose more money than you will win. That's the whole point of sports betting, not every team has a 50% chance of winning, so they mess with the odds/spread to make it closer to even. If you bet on every favorite you will win a lot of bets, but when you lose you will lose more money than you won in the previous bets.

Yes of course I know that. This is how sportsbook make their profit by setting high odds for the weak team and low odds for the favourite team . I am just saying that if you bet on a favourites to win, that is require no skill at all because hexcoin keep on saying that sportsbook betting is all about skill. Again, betting for favourite team is not skill at all

[Hexcoin]

If you always lose on sports then you have no skill at it.

Picking on a favourite team to win require no skill at all. Some sports betting player think they got skill but they are just betting for the favourite team to win. Like the previous match for example, Argentina vs Paraguay. Most people will choose Argentina to win and thats require no skill but it is logical to choose the favourite team

Agree. But me as a gambler, i dont bet on a team because they are the favorite, i always look at the team stats. I mostly win on team with odds 2x and higher

[bitcoinmar]

If you always lose on sports then you have no skill at it.

Picking on a favourite team to win require no skill at all. Some sports betting player think they got skill but they are just betting for the favourite team to win. Like the previous match for example, Argentina vs Paraguay. Most people will choose Argentina to win and thats require no skill but it is logical to choose the favourite team

Agree. But me as a gambler, i dont bet on a team because they are the favorite, i always look at the team stats. I mostly win on team with odds 2x and higher

But here we are not talking about skill we are talking about martingale system works or not just playing favorite is not good choice because many hot favorites go down badly

[pooya87]

If you always lose on sports then you have no skill at it.

Picking on a favourite team to win require no skill at all. Some sports betting player think they got skill but they are just betting for the favourite team to win. Like the previous match for example, Argentina vs Paraguay. Most people will choose Argentina to win and thats require no skill but it is logical to choose the favourite team

No, because the juice against picking the favorite team means you will lose more money than you will win. That's the whole point of sports betting, not every team has a 50% chance of winning, so they mess with the odds/spread to make it closer to even. If you bet on every favorite you will win a lot of bets, but when you lose you will lose more money than you won in the previous bets.

sports betting is a little different from any other kinds of betting because it is not completely dependent on chance.
as long as you don't pick your favorite team because of the color of their shirts then you have good odds, and this requires skills. but if you just betting on 100% chance then no skills are required!

[FanEagle]

Ok, i tested my method at roulette with doges,from 700 I've been able to work them until 10k,which is a great success for me.
When I started seeing my method to fail some I dashed out,so in conclusion any short term strategy similar to martingale may work, but never abuse it.

[aakashsangwan]

Martingale really works and can you very nice profits but only in short term.

As, when you are betting on games or casino online then for 3 to 4 rounds it can give you some handsome amount of profits and only in a matter of minutes.

 When we see that we are on top of the house then we turn greedy and we loose all of our profits and the balance also.

So in order to avoid this we should stop gambling for that day after winning series and again start the next day. Even if we think that we can edge the house or how confident are we!!!!..

[Bardman]

Martingale really works and can you very nice profits but only in short term.

As, when you are betting on games or casino online then for 3 to 4 rounds it can give you some handsome amount of profits and only in a matter of minutes.

 When we see that we are on top of the house then we turn greedy and we loose all of our profits and the balance also.

So in order to avoid this we should stop gambling for that day after winning series and again start the next day. Even if we think that we can edge the house or how confident are we!!!!..

Seriously? After 70+ pages of discussion you come here and say this stupid shit? Are you just trying to increase your post count or what? How can something work on a short term and not in the long term? Then i would just use martingale for a short term and stop, and repeat and get rich, every strategy may seem to work for a short term or at start but they dont.