Does martingale really works?

[vendetahome]

I tried martingale on the new website(luckyballs.io) and it is working with a chance 81.8% and multiplier 1.21x 

of course its working for a few bets though if you would do it for a long time you would loose your whole balance, also shouldnt you do x5 as possibilty to win is 80 per cent?

5x is 80%? 80% win only gives 1.21x multiplier

so yeah then after loose you have to multiply your bet by 5 or do i get something wrong about it?

[brendasmith982]

I tried martingale on the new website(luckyballs.io) and it is working with a chance 81.8% and multiplier 1.21x 

of course its working for a few bets though if you would do it for a long time you would loose your whole balance, also shouldnt you do x5 as possibilty to win is 80 per cent?

5x is 80%? 80% win only gives 1.21x multiplier

so yeah then after loose you have to multiply your bet by 5 or do i get something wrong about it?

Hmm yes. I see so its just a misunderstanding. He mean 5x on loss

[steven.G999]

I tried martingale on the new website(luckyballs.io) and it is working with a chance 81.8% and multiplier 1.21x 

of course its working for a few bets though if you would do it for a long time you would loose your whole balance, also shouldnt you do x5 as possibilty to win is 80 per cent?

haha yeah right so far very safe. but I use after lose 250-300% so do not have to wait 5x victory to restore defeat

[adzino]

Martingale strategies increases bet size after previous losses. So like others said a martingale strategy has the power to clean you out. This happens slowly. Not a quick death but a slow death! 75% chance of you to get away with it but the rest 25% will leave you crying. The larger your bank roll is, the longer you will last before losing everything.

So for short term betting: It is possible to do well with martingale over a short number of bets(maybe/depending on your basebet and bank roll).

For long term: Bank cleaned. Eventually, you will start hitting a losing red streak that will clean you out(even if you have a 80%chance of winning or your payout is x1.05). It may happen in the first few hours, or it may take a few days. Rest assured, you will eventaully face the disaster.

Imagine if every one made profits from martingale startegy. Would there be any dice sites left?

[Dalord1]

Really hate martingale with passion, it is too risky and need a huge capital to be on the winning side. And also high odds is needed to be in profit. Although with a winning rate of 50 percent, martingale is good to use so far the odd is high but if the odd is low...that is shortcut to bankrupty.

[Pursuer]

Really hate martingale with passion, it is too risky and need a huge capital to be on the winning side. And also high odds is needed to be in profit. Although with a winning rate of 50 percent, martingale is good to use so far the odd is high but if the odd is low...that is shortcut to bankrupty.

it looks like you too lost a lot of bitcoins in dice like me, using martingale.
I hate it too, it looks like the chance of you winning when using this f**king method is 0 and you are most definitely are going to lose all your earnings no matter how big your pocket is.

[steven.G999]

whether martingale working on the game of blackjack?
I just tried but lost because my capital only 0.01 . so just 4 strikes already lost 

[arallmuus]

whether martingale working on the game of blackjack?

Martingale are a strategy where you double up your wager amount for a 2x payout and it could be use for any game. Blacjack is one of the game with a low house edge basically it is less than 1 %. With a proper strategy to hit and stand, basically it could be use to "help" in reducing your chance to lose.

You could check here on BlackJack strategy http://wizardofodds.com/games/blackjack/strategy/calculator/. It basically tells you on when to stand or hit , so consider it as a normal strategy not a "winning strategy" because strategies are meant to help you in reducing your chance to lose, not to help you keep on winning things

[Valanor]

Never try martingale, really slow earnings if you go safe(which is not safe after all considering things like Provably fair) and really fast earnings but really dangerous high base bets. My biggest lose was 0.05btc with martingale. Base bet from 1k(cause i don't like to go safe)

I have 0.1 and lost all with martingle iam start from 1satosi, i get more than 20redline, that very high risk

[lockscreen]

i know that was sucks method but why i did it in dice  losing all my money with default chance to win (49-50%)

[moriartybitcoin]

Never try martingale, really slow earnings if you go safe(which is not safe after all considering things like Provably fair) and really fast earnings but really dangerous high base bets. My biggest lose was 0.05btc with martingale. Base bet from 1k(cause i don't like to go safe)

I have 0.1 and lost all with martingle iam start from 1satosi, i get more than 20redline, that very high risk

Ill take a guess, you got those 20 red in primedice, am i right?

[steven.G999]

whether martingale working on the game of blackjack?

Martingale are a strategy where you double up your wager amount for a 2x payout and it could be use for any game. Blacjack is one of the game with a low house edge basically it is less than 1 %. With a proper strategy to hit and stand, basically it could be use to "help" in reducing your chance to lose.

You could check here on BlackJack strategy http://wizardofodds.com/games/blackjack/strategy/calculator/. It basically tells you on when to stand or hit , so consider it as a normal strategy not a "winning strategy" because strategies are meant to help you in reducing your chance to lose, not to help you keep on winning things

to stand or hit usually I use the feeling sometimes I have a good feeling

if only the minimum bet at the blackjack 0.0001, maybe I will last longer and many make a profit
because 0.001 is too big for me and usually I play with capital 0.01 - 0.03.

[BigMac]

Never try martingale, really slow earnings if you go safe(which is not safe after all considering things like Provably fair) and really fast earnings but really dangerous high base bets. My biggest lose was 0.05btc with martingale. Base bet from 1k(cause i don't like to go safe)

I have 0.1 and lost all with martingle iam start from 1satosi, i get more than 20redline, that very high risk

Ill take a guess, you got those 20 red in primedice, am i right?

Sounds like you are hinting that PD isn't fair...

Considering that PD is by far the most popular dice sites, it is in fact normal to see a lot more red streaks and martingale losers on PD than on other sites, isn't it?

[subSTRATA]

Never try martingale, really slow earnings if you go safe(which is not safe after all considering things like Provably fair) and really fast earnings but really dangerous high base bets. My biggest lose was 0.05btc with martingale. Base bet from 1k(cause i don't like to go safe)

I have 0.1 and lost all with martingle iam start from 1satosi, i get more than 20redline, that very high risk

Ill take a guess, you got those 20 red in primedice, am i right?

Sounds like you are hinting that PD isn't fair...

Considering that PD is by far the most popular dice sites, it is in fact normal to see a lot more red streaks and martingale losers on PD than on other sites, isn't it?

its just gambler's fallacy, people expect win, loss, win loss, etc on a 50% win chance, then complain that 10+ losses in a row is "literally impossible." 

[BitBatFan]

Martimgale works until you hit the losing round of 30+ in a raw It's just a matter of time, when to lose with martingale. I call it martinfail hehe.
Better than doubleing after lose, just bet same amount and try to hit over/under.

[pooya87]

Never try martingale, really slow earnings if you go safe(which is not safe after all considering things like Provably fair) and really fast earnings but really dangerous high base bets. My biggest lose was 0.05btc with martingale. Base bet from 1k(cause i don't like to go safe)

I have 0.1 and lost all with martingle iam start from 1satosi, i get more than 20redline, that very high risk

you don't lose 0.1BTC in martingale if you start from 1 satoshi you will need 23-24 bets to lose all your balance. after 20 i think you will lose around 0.01BTC
if you want to try martingale first have an infinite wallet

[Grand_Voyageur]

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?

I have gambled with martingales often while having fun with dice sites. Using martingales allowed me to hit some big wins. However, since free money doesn't exist, investing money to gamble it with a martingale (or any other gambling strategy) bring exagerately high risks of losing your capital; but, if you put an upper limit to the gambling win after which you cashout your pot and if you gamble no more of the amount of money you could afford to lose, a martingale is a nice way to have some fun & to hit some big wins.
Having said that, I would recommend you to try gambling with martingales at Da Dice, an amazing place to enjoy rolling dice as well as to try & win BTC money. This because their Pilot Mode autobetting allow players a good degree of control to play Martingales, even allowing you to set the end of betting streak after a win. Their scalable faucet - you can level up the reedemable amount to 12500 satoshi (0.00012500BTC) - allow you to test & refine your gambling strategies, without losing too much BTC of your own. Also, the speed of Deposits & Cashouts at Da Dice is very fast.
Da Dice is a provably fair dice site with a low 1% house edge, Jackpots and a live chat to talk to other online users (and sometime catch tips gifted by chat mods). Also, the site has a splendid design & looks really good.

[ronaldo40]

Never try martingale, really slow earnings if you go safe(which is not safe after all considering things like Provably fair) and really fast earnings but really dangerous high base bets. My biggest lose was 0.05btc with martingale. Base bet from 1k(cause i don't like to go safe)

I have 0.1 and lost all with martingle iam start from 1satosi, i get more than 20redline, that very high risk

you don't lose 0.1BTC in martingale if you start from 1 satoshi you will need 23-24 bets to lose all your balance. after 20 i think you will lose around 0.01BTC
if you want to try martingale first have an infinite wallet

he maybe use after lose 500-1000%? so he lost so quickly, despite using base bet 1 satoshi   

[arallmuus]

whether martingale working on the game of blackjack?

Martingale are a strategy where you double up your wager amount for a 2x payout and it could be use for any game. Blacjack is one of the game with a low house edge basically it is less than 1 %. With a proper strategy to hit and stand, basically it could be use to "help" in reducing your chance to lose.

You could check here on BlackJack strategy http://wizardofodds.com/games/blackjack/strategy/calculator/. It basically tells you on when to stand or hit , so consider it as a normal strategy not a "winning strategy" because strategies are meant to help you in reducing your chance to lose, not to help you keep on winning things

to stand or hit usually I use the feeling sometimes I have a good feeling

if only the minimum bet at the blackjack 0.0001, maybe I will last longer and many make a profit
because 0.001 is too big for me and usually I play with capital 0.01 - 0.03.

Well wagering at even minimum of 1 satoshi will make you bust soon enough if you have a bad streak on it . To be honest, your "feeling" has no effect to the result of your martingale bet, It will stand on either win or lose and nothing more of this "feeling" will change the outcome of it, best way will be to follow that wizardofodds BlackJack strategy

P.S : if you are looking for a site with lower wager amount for BlackJack then you should check on CoinRoyale which has 100 satoshis minimum bet ( I could be wrong on this )

[hangar18]

It works for a brief amount of time until it bursts in a glorious flame. If you do it, double up and run. I have always managed to double and even triple up on it. Never turned a profit though because eventually, you will go bust.