Does martingale really works?

[cazkooo]

we need more capital to try that

even if you have thousand of btc to play with martingale, you will not be able to cover your loss somehow if you get bad streak. Every dice has a maximum payout, at some time you will hit a bad streak and your martingale will stop if you hit the maximum payout and lose even if you have a lot og btc

[1714714438]

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[1714714438]

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[real789]

we need more capital to try that

even if you have thousand of btc to play with martingale, you will not be able to cover your loss somehow if you get bad streak. Every dice has a maximum payout, at some time you will hit a bad streak and your martingale will stop if you hit the maximum payout and lose even if you have a lot og btc

I agree with you

I think no tactic on gambling just small luck
if you get luck you profit

Very stupid to get rich from gambling
You can get small profit with big lose

[Erza]

we need more capital to try that

even if you have thousand of btc to play with martingale, you will not be able to cover your loss somehow if you get bad streak. Every dice has a maximum payout, at some time you will hit a bad streak and your martingale will stop if you hit the maximum payout and lose even if you have a lot og btc

Actually if you have infinite amount of bitcoin that will make you infinite in your gambling too so at least you can flip back your bad luck to good luck so

you will win a lot from it. Just incase you got infinite of bitcoin but if you have limited amount may be you dont even want to try your luck using this kind

of method

[chriswen]

So whats the point then, cause most wont ever have a good enough bankroll to do this.

I know you need more then 1 btc like way more to work with.

Its not  about the Bankroll, heck you can even win 1BTC with a bankroll of .04btc if you get pretty lucky. IMO Bankroll doesn't increase your chance of winning

The bigger the bankroll the smaller the chance of your system failing because you run out of money.

Exactly.  the bankroll is a huge factor because it extends the lifeline of any betting system.  But... given enough time and enough bets, any bankroll can be completely liquidated unless the bankroll is infinite.  But let's say you're a millionaire and you prop up your million dollars into a martingale bet system.  Now let's say you set a very realistic profit goal of $100.  Hey, $100 compared to $1M is peanuts.  BUT... it's $100.  Would you turn down an easy $100?  Didn't think so.  Fact is, folks with big bankrolls can plunk down vast sums of money and easily make quick little profits on a martingale system.  Or... they could be very very very unlucky and lose all their millions.

It's not an easy $100, you're risking all your money.  And if you had a million dollars you wouldn't care about getting an 'easy $100'.  And you can make more from interest.

[sherbyspark]

Not perfect work
we need more capital to try that

I try in primedice for 1 satosi martiangle I lose 0.1BTC
in 999dice and freebitcoin (multiple) I try martiangle too but iam still lose

Its not worth martingaling starting with 1 satoshi. It is known that over long time the strategy fails . You will not be getting a satisfactory amount in a smaller time period by betting 1 satoshi. Most of the people who martingale do it with around a bankroll to support 15 losses in a row. This way if you stop early and haven't hit a bad streak , you will still have a good amount won.

[Joca97]

I tryed to martingale in sportsbooks on sports betting but i never have a large bankroll so i end up losing in the end
but in dice i tryed 10k satoshi bets on 1.5x with bankroll of 0.1 btc and double on loss 210% it works you can double up your balance but if you keep continuing on betting you lose in the end probobly

[arallmuus]

Actually if you have infinite amount of bitcoin that will make you infinite in your gambling too so at least you can flip back your bad luck to good luck so

This is a bogus mindset. Having an "infinite" BTC (which is likely not possible) will not improve your "luck". Luck has nothing to do with balance, you could even turn a few hundreds satoshi by doing 9900x multiplier .
If you are thinking that having "infinite" balance and martingale-ing 1 satoshi bet might not bust you out then you are wrong on this, there is a chance that you will bust and ofcourse risking alot just to gain 1 satoshi is stupid enough

[catena5260]

Not perfect work
we need more capital to try that

I try in primedice for 1 satosi martiangle I lose 0.1BTC
in 999dice and freebitcoin (multiple) I try martiangle too but iam still lose

lost 0.1 BTC martigaling with 1 satoshi base?

sorry for your bad luck
sdçl  lçad a oqwṕeknc cak

[real789]

Not perfect work
we need more capital to try that

I try in primedice for 1 satosi martiangle I lose 0.1BTC
in 999dice and freebitcoin (multiple) I try martiangle too but iam still lose

Its not worth martingaling starting with 1 satoshi. It is known that over long time the strategy fails . You will not be getting a satisfactory amount in a smaller time period by betting 1 satoshi. Most of the people who martingale do it with around a bankroll to support 15 losses in a row. This way if you stop early and haven't hit a bad streak , you will still have a good amount won.

Yeah that not worth,,
i ready to support 15 redline but i get 22redline

No fair in gambling and tactic

[Altcoin4life]

I've been very lucky with martingale and lately 9900x. If you guys want to try a martingale at high speeds in real time and not testing play at https://betterbets.io they don't have an affiliate but it's how I figure out quickly whether it's a lucky day or not. Their auto-betting is fast as hell.

[Shogen]

we need more capital to try that

even if you have thousand of btc to play with martingale, you will not be able to cover your loss somehow if you get bad streak. Every dice has a maximum payout, at some time you will hit a bad streak and your martingale will stop if you hit the maximum payout and lose even if you have a lot og btc

I agree with you

I think no tactic on gambling just small luck
if you get luck you profit

Very stupid to get rich from gambling
You can get small profit with big lose

Luck-based gambling is just about luck, and you should always expect to lose in the long term.
But some types of gambling, such as sports betting and poker, do involve a certain degree of skill, and you could beat the other gamblers if you are good at it.

[real789]

we need more capital to try that

even if you have thousand of btc to play with martingale, you will not be able to cover your loss somehow if you get bad streak. Every dice has a maximum payout, at some time you will hit a bad streak and your martingale will stop if you hit the maximum payout and lose even if you have a lot og btc

I agree with you

I think no tactic on gambling just small luck
if you get luck you profit

Very stupid to get rich from gambling
You can get small profit with big lose

Luck-based gambling is just about luck, and you should always expect to lose in the long term.
But some types of gambling, such as sports betting and poker, do involve a certain degree of skill, and you could beat the other gamblers if you are good at it.

only luck
thank's for your explain

i learn poker at zingga free and make it double but if i i execution to "real poker" i am still have lose
i have slogan " beda tempat tempat beda " 

and Don't do gambling if you not ready to los e

[xiionqz]

everything depend on luck
even with any trick or strategy

[SyGambler]

Not perfect work
we need more capital to try that

I try in primedice for 1 satosi martiangle I lose 0.1BTC
in 999dice and freebitcoin (multiple) I try martiangle too but iam still lose

Ouch ,, this really sounds bad
the odds of losing all  of your bankroll starting with 1 satoshi bet is really tiny ( micros)
so I think this could be a big proof that martinagle don't work in the long run
right now I'm using martinagle as a hit and run
so I try to double my balance and then withdraw the investment and repeat the process again with the winnings
I think the hit and run is the best strategy if u want to gamble wirth martinagle
of course there is a point where I will lose but at least  I will not lose my investment and my profit

[Erza]

Actually if you have infinite amount of bitcoin that will make you infinite in your gambling too so at least you can flip back your bad luck to good luck so

This is a bogus mindset. Having an "infinite" BTC (which is likely not possible) will not improve your "luck". Luck has nothing to do with balance, you could even turn a few hundreds satoshi by doing 9900x multiplier .
If you are thinking that having "infinite" balance and martingale-ing 1 satoshi bet might not bust you out then you are wrong on this, there is a chance that you will bust and ofcourse risking alot just to gain 1 satoshi is stupid enough

Thats why Im saying "if" and I know that is not even possible to do it

I mean that if you got a lot of bitcoin like 10k and you just need to bet 1 bitcoin to flip your bad luck and hope good luck coming to you and let you win

some of your money back

[Light]

This is a bogus mindset. Having an "infinite" BTC (which is likely not possible) will not improve your "luck". Luck has nothing to do with balance, you could even turn a few hundreds satoshi by doing 9900x multiplier .
If you are thinking that having "infinite" balance and martingale-ing 1 satoshi bet might not bust you out then you are wrong on this, there is a chance that you will bust and ofcourse risking alot just to gain 1 satoshi is stupid enough

This is going to be interesting, you are partially right and wrong.

First off, yes infinite Bitcoin is impossible to have (technically infinite of anything is kind of impossible to have except in theory). So you are right there.

Now assuming in our hypothetical land. For you to fail enough times for you to go broke you'd have to lose infinite money right? To lose infinite money you'd have to lose an infinite number of times. Now if the probability of losing is 1/n for any single bet then you could simplify that for the infinity case from (1/n)^infinity to 1/infinity which is of course considered to be 0. Hence a 0 probability of going bust.

Basically, you'd have to lose for an infinite time period to actually lose - which is impossible.

In real terms, it simply means have a larger bankroll and smaller bet size makes it harder to go completely broke - which common sense tells you is true.

[pooya87]

So whats the point then, cause most wont ever have a good enough bankroll to do this.

I know you need more then 1 btc like way more to work with.

Its not  about the Bankroll, heck you can even win 1BTC with a bankroll of .04btc if you get pretty lucky. IMO Bankroll doesn't increase your chance of winning

The bigger the bankroll the smaller the chance of your system failing because you run out of money.

Exactly.  the bankroll is a huge factor because it extends the lifeline of any betting system.  But... given enough time and enough bets, any bankroll can be completely liquidated unless the bankroll is infinite.  But let's say you're a millionaire and you prop up your million dollars into a martingale bet system.  Now let's say you set a very realistic profit goal of $100.  Hey, $100 compared to $1M is peanuts.  BUT... it's $100.  Would you turn down an easy $100?  Didn't think so.  Fact is, folks with big bankrolls can plunk down vast sums of money and easily make quick little profits on a martingale system.  Or... they could be very very very unlucky and lose all their millions.

not from my experiences and like you said they can be very unlucky which makes their BR totally useless..

i totally agree with you. there is no guarantee that you will win eventually if you have a deep pocket. in my experience you will always lose no matter how deep your pocket is. besides every time you lose and bet again you have to double the betting amount. so after 21 losses you are in millions loss.

[arallmuus]

This is a bogus mindset. Having an "infinite" BTC (which is likely not possible) will not improve your "luck". Luck has nothing to do with balance, you could even turn a few hundreds satoshi by doing 9900x multiplier .
If you are thinking that having "infinite" balance and martingale-ing 1 satoshi bet might not bust you out then you are wrong on this, there is a chance that you will bust and ofcourse risking alot just to gain 1 satoshi is stupid enough

This is going to be interesting, you are partially right and wrong.

First off, yes infinite Bitcoin is impossible to have (technically infinite of anything is kind of impossible to have except in theory). So you are right there.

Now assuming in our hypothetical land. For you to fail enough times for you to go broke you'd have to lose infinite money right? To lose infinite money you'd have to lose an infinite number of times. Now if the probability of losing is 1/n for any single bet then you could simplify that for the infinity case from (1/n)^infinity to 1/infinity which is of course considered to be 0. Hence a 0 probability of going bust.

Basically, you'd have to lose for an infinite time period to actually lose - which is impossible.

Right, Im making mistake by stating too mAny of the "infinity" words there, according to math yes it is not possible to lose if you got "infinity" however what Im trying to imply is that even with infinite amount of BTC there will be maximum win in each site which will prevent you for your next martingale (considering you reach the highest possible amount and lose )

In real terms, it simply means have a larger bankroll and smaller bet size makes it harder to go completely broke - which common sense tells you is true.

Harder yes but even with more common sense it would be very insane to bet 1 satoshi risking quite alot of BTC ( I think it will reach 31 losing streak before hitting maximum win , considering it is 20 BTC )

[Joca97]

Not perfect work
we need more capital to try that

I try in primedice for 1 satosi martiangle I lose 0.1BTC
in 999dice and freebitcoin (multiple) I try martiangle too but iam still lose

lost 0.1 BTC martigaling with 1 satoshi base?

sorry for your bad luck
sdçl  lçad a oqwṕeknc cak

Was your odd 2.00 ? if you increased like that i still dont know what profit you get,just dust,but you can lose really much,better if you risked it then going 1 satoshi bets

[SyGambler]

Not perfect work
we need more capital to try that

I try in primedice for 1 satosi martiangle I lose 0.1BTC
in 999dice and freebitcoin (multiple) I try martiangle too but iam still lose

lost 0.1 BTC martigaling with 1 satoshi base?

sorry for your bad luck
sdçl  lçad a oqwṕeknc cak

Was your odd 2.00 ? if you increased like that i still dont know what profit you get,just dust,but you can lose really much,better if you risked it then going 1 satoshi bets

it's not about the profit Joca
there are some people think that the martinagle is the cash machine
when I started playing dice I thought the same way
so yes even if u r betting 1 satoshi and turning on your PC all the day this will combine
but of course the universe doesn't work like that