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Author Topic: Does martingale really works?  (Read 123299 times)
lionheart78
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October 12, 2016, 07:55:55 PM
 #2021

No, doesn't. Matingale strategy on gambling is not works, it is needs much money and must be has unlimited money it is not efective because there are not people who has unlimited money in the world.

I have tried to use martingale and instead of winning it just made me lose a lot of my bitcoins. That is why I don't depend on any strategy anymore, as long as I want to gamble I will just accept the fact that I will going to lose if ever I will not going to be wise as I play. SO even small amount of profit, I will going to stop already if I reached it.

Lol, martingale, in my opinion, is very effective if you have an unlimited bankroll. You have to increase you bet every time you lose resulting to more fund needed on every bet.  If your fund fell short, then your martingale strategy will fail.  Reverse Martingale on the other side is riskier because you will lose all your winnings once you lose the bet.
geopolisch
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October 12, 2016, 08:40:45 PM
 #2022

No, doesn't. Matingale strategy on gambling is not works, it is needs much money and must be has unlimited money it is not efective because there are not people who has unlimited money in the world.

I have tried to use martingale and instead of winning it just made me lose a lot of my bitcoins. That is why I don't depend on any strategy anymore, as long as I want to gamble I will just accept the fact that I will going to lose if ever I will not going to be wise as I play. SO even small amount of profit, I will going to stop already if I reached it.

Lol, martingale, in my opinion, is very effective if you have an unlimited bankroll. You have to increase you bet every time you lose resulting to more fund needed on every bet.  If your fund fell short, then your martingale strategy will fail.  Reverse Martingale on the other side is riskier because you will lose all your winnings once you lose the bet.
But practically how to have unlimited bankroll which is not at all possible even for gambling house. In my opinion, even unlimited bankroll is not sufficient to win against a gambling house. They would be the ultimate winners at the end of martingale strategy.

Playing martingale against players may be beneficial, but almost all the gambling sites are not allowing that. If we gamble in real life against our friends, we can use martingale strategy to have definite win.
dhimasnk
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October 14, 2016, 09:57:09 AM
 #2023

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 think, martiangle it is one strategy gambling profitable .. we can get a lot of victory of this strategy. but you must be careful because it could have this strategy failed in the game you because also very risky

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shintosai
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October 14, 2016, 10:43:33 AM
 #2024

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 think, martiangle it is one strategy gambling profitable .. we can get a lot of victory of this strategy. but you must be careful because it could have this strategy failed in the game you because also very risky
if you know the drill martin fail can give you some profits but its needed to played in a short term leaving your capital in the right track making assessment in how many game losing streak are possible before you make your big bet. in that time you will able to win and make sure to go out after making little earnings.

pratap11
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October 14, 2016, 10:48:27 AM
 #2025

I will disagree with you on the point of big bankroll can help you win much money or can help martingale to make you profit in dice. I will say big bankroll means you are exposed to bigger loss since you can have even 20 or more loosing streaks and sites have also limits of rolling the dice of maximum amount. In theory it looks good and true but it is not practical solution in dice as general.
Yes i agree with you that big bankroll cannot help winning more money while using martiangle strategy with or even its a huge risk to take because bigger the bankroll bigger the chance of a huge loss and when you have a unlucky day surely you can loose all the money with this strategy no matter how much bigger is bankroll.
shadobitz
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October 14, 2016, 10:50:50 AM
 #2026

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 think, martiangle it is one strategy gambling profitable .. we can get a lot of victory of this strategy. but you must be careful because it could have this strategy failed in the game you because also very risky

I don't think martingale is profitable strategy and players can survive against the house there, that is why I think it's worse to play with this strategy and surely players will get busted for sure, I personally will advice to avoid this strategy for betting.
tee-rex
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October 14, 2016, 11:03:26 AM
 #2027

This has already been discussed several times in this forum. Martingale cannot work on roulette in online casinos because it's independent every play from each other so it may very well be 100 times in a row RED. We know in real casinos with the law of probabilities and if the casino is not cheating it cannot fall 100 consecutive times RED color

If both online and real casinos are not cheating, how can you claim then that it might be very well possible to have 100 times in a row falling on red in an online casino while at the same time you claim that it cannot fall 100 times in a row on red in a real casino? I'd rather say that it is certainly the other way about in reality, since in a real casino you wouldn't be able to achieve the level of randomness you get in an online one. Consequently, the chances of hitting a longer losing (or winning, for that matter) streak in a real casino are higher than in an online one, due to physical factors inevitably affecting randomicity of outcomes and making them less random.

Problem with offline casinos is they know this and they have took measures about such things so they have put max bet limits making this strategy not to work even if you have really large bankroll this limit avoids this strategy

Online casinos too have limits on the maximum amount you can wager
tenk
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October 14, 2016, 11:27:03 AM
 #2028

I would point you guys to the website WizardofOdds. He tests out plenty of gambling systems, and he also wagers money that any system will never beat the house in the long run. You can never beat the house!

Have you guys ever wonder, how long have casinos been in existence and they are still here and still standing strong. Not to mention, they are cheating their patrons! That is the power of the House Edge!
hatshepsut93
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October 14, 2016, 11:45:10 AM
 #2029

I would point you guys to the website WizardofOdds. He tests out plenty of gambling systems, and he also wagers money that any system will never beat the house in the long run. You can never beat the house!

Have you guys ever wonder, how long have casinos been in existence and they are still here and still standing strong. Not to mention, they are cheating their patrons! That is the power of the House Edge!

What is great about Bitcoin casinos is that their Provably Fair system effectively eliminates any cheating, you simply can't beat the math behind they cryptographic random seeds.

In my opinion Bitcoin casinos are much better than real casinos or other online casinos, because they are relatively anonymous, easy to access, fast, truly fair and have the lowest house edges.
naidray
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October 14, 2016, 01:05:29 PM
 #2030

No, doesn't. Matingale strategy on gambling is not works, it is needs much money and must be has unlimited money it is not efective because there are not people who has unlimited money in the world.

I have tried to use martingale and instead of winning it just made me lose a lot of my bitcoins. That is why I don't depend on any strategy anymore, as long as I want to gamble I will just accept the fact that I will going to lose if ever I will not going to be wise as I play. SO even small amount of profit, I will going to stop already if I reached it.
When I first thought about that idea that wow when we loose we double and when we loose we keep same I felt that this strategy would make me a millioner but when I actually tried it yes it worked well and gave me some profits but eventually all the money along with profits was lost.
agustina2
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October 14, 2016, 01:52:32 PM
 #2031


When I first thought about that idea that wow when we loose we double and when we loose we keep same I felt that this strategy would make me a millioner but when I actually tried it yes it worked well and gave me some profits but eventually all the money along with profits was lost.

It will actually make us millionaire, let's say a person has a bankroll of $99999999999999999999 or it will take care all the doubles that will be lose but the gambling site itself won't make it happen since there is a betting limit to take care of that martingale type of betting.

So in those dice or slots game, never used martingale as it is not effective especially in a long run.
dunfida
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October 14, 2016, 02:19:44 PM
 #2032

No, doesn't. Matingale strategy on gambling is not works, it is needs much money and must be has unlimited money it is not efective because there are not people who has unlimited money in the world.

I have tried to use martingale and instead of winning it just made me lose a lot of my bitcoins. That is why I don't depend on any strategy anymore, as long as I want to gamble I will just accept the fact that I will going to lose if ever I will not going to be wise as I play. SO even small amount of profit, I will going to stop already if I reached it.
When I first thought about that idea that wow when we loose we double and when we loose we keep same I felt that this strategy would make me a millioner but when I actually tried it yes it worked well and gave me some profits but eventually all the money along with profits was lost.

Martingale would  really work for sometime but its not really advisable to use  it  on the  long run because all of your winning  would only gone  in an instant when the house  hits you with a  long  lossing  streaks and for sure you would  cry and  all of your effort would be wast also your money that you  put on.

maxhor
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October 14, 2016, 02:26:39 PM
 #2033


When I first thought about that idea that wow when we loose we double and when we loose we keep same I felt that this strategy would make me a millioner but when I actually tried it yes it worked well and gave me some profits but eventually all the money along with profits was lost.

It will actually make us millionaire, let's say a person has a bankroll of $99999999999999999999 or it will take care all the doubles that will be lose but the gambling site itself won't make it happen since there is a betting limit to take care of that martingale type of betting.

So in those dice or slots game, never used martingale as it is not effective especially in a long run.

I also will do agree with you martingale can stop working any time when someone start thinking it's very profitable, even on slots and dice game too because it's really hard to get recover even with unlimited bankroll too, gambling sites have some limit for maximum profit and we will lost our money there.
Kotone
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October 14, 2016, 02:41:42 PM
 #2034

It is a big part of gambling but we can't assure that it really works sometimes it really works but you will get lose in the long run and it will fall apart you will get nothing in the end but to waste money. Sometimes if you are not focusing on that thing you will lose big Tongue sometimes it will lose 16 straight.

BossMacko
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October 14, 2016, 03:29:51 PM
 #2035

I tried martingale before with low bets and high bets using alt coins. It works with low bets in a long duration but profit is too small and if you keep doing martingale you'll lose in the end btw this is dice game. With high bets it's not advisable also because you can win fast but you can also lose fast with high bets amount.
victoryboy
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October 14, 2016, 03:36:58 PM
 #2036

I tried martingale before with low bets and high bets using alt coins. It works with low bets in a long duration but profit is too small and if you keep doing martingale you'll lose in the end btw this is dice game. With high bets it's not advisable also because you can win fast but you can also lose fast with high bets amount.

Maybe you have luck with low bets who made some profit even it is low but profit is profit. I tried with different amount but every time got the same result. It's true we can win fast but will lose more than winning with martingale because it always hurt the players in long run.
Roboabhishek
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October 14, 2016, 04:18:02 PM
 #2037

If martingale doesn't work then better do reverse martingale in which you increase bet 2x until you get Desired amount of Wins.
Con of it is that you need a big Bankroll like online casinos have to win huge.
However still you can loose all the money if u were unlucky.
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October 14, 2016, 04:22:20 PM
 #2038

IF there was a way to really win at gambling by following a step by step method or guide then everyone would be rich, but guess what, there is no such a method. All ways that tell you how to make money by following certain steps are not what it seems. You just have to know when to stop, that is the best technical.
agustina2
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October 14, 2016, 04:27:50 PM
 #2039


When I first thought about that idea that wow when we loose we double and when we loose we keep same I felt that this strategy would make me a millioner but when I actually tried it yes it worked well and gave me some profits but eventually all the money along with profits was lost.

It will actually make us millionaire, let's say a person has a bankroll of $99999999999999999999 or it will take care all the doubles that will be lose but the gambling site itself won't make it happen since there is a betting limit to take care of that martingale type of betting.

So in those dice or slots game, never used martingale as it is not effective especially in a long run.

I also will do agree with you martingale can stop working any time when someone start thinking it's very profitable, even on slots and dice game too because it's really hard to get recover even with unlimited bankroll too, gambling sites have some limit for maximum profit and we will lost our money there.

Martingale is not appropriate when it used to dice and slots as house will kill you.

Much better if we use it on sports betting because it's proven to be effective than doing martingale in those slots and dice games.
tee-rex
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October 14, 2016, 05:53:58 PM
 #2040

I will disagree with you on the point of big bankroll can help you win much money or can help martingale to make you profit in dice. I will say big bankroll means you are exposed to bigger loss since you can have even 20 or more loosing streaks and sites have also limits of rolling the dice of maximum amount. In theory it looks good and true but it is not practical solution in dice as general.
Yes i agree with you that big bankroll cannot help winning more money while using martiangle strategy with or even its a huge risk to take because bigger the bankroll bigger the chance of a huge loss and when you have a unlucky day surely you can loose all the money with this strategy no matter how much bigger is bankroll.

You should compare things in equal conditions and on the same footing.

If all other things are kept either the same or constant (for example, starting bet amount, total number of bets, etc), your chances of winning on a bigger bankroll actually increase for the simple reason that with a bigger bankroll you can withstand longer losing streaks. But longer losing streaks have obviously lower chances of occurring than shorter ones. Consequently, the losing streaks that would otherwise wipe your account clean with a smaller bankroll will not be fatal with a bigger one.
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