This is the reality. Martingale method is only effective on short term bets since its good for recovery. Player should set a stop loss are loss limit when using this kind of strategy to avoid being rekt in long term. I’m using martingale on blackjack but instead of increasing my bet on single sit, I just add another sit to have 2 hands that equivalent to martingale x2 bet. This way I still increase my bet while having 2 chances at the same time.
Using this strategy on dice is very risky because dice result is pure random and long lose streak can happened anytime if the player is bad luck.
If anyone wants to use the Martingale strategy, he should make up his mind before the game, that he will quit after how many unsuccessful bets.
People lose a lot in Martingale because they do not set a limit as to when they will stop in case of consecutive losses and thus lose their whole balance portfolio in the gambling site.
Most people use Martingale strategy on dice games and i guess Martingale strategy is best designed to play on dice but only if we play it with proper risk management.
its hard to stop you when you are hopeful to win back the lose. its the reason why you double down. if you have been using martingale from time to time. you may not be able to remember how many times you fell for it.
its always what happens. the more you lose the more you double down as well until you have nothing left in your account. there could be time when you want to stop because you are wining and that i believe you may have done so. but after a day or two you still come back.