Martingale, like we are discussing, I've come to discover its not for gamblers with low bank roll, use this with a low bankroll and you will definitely end up burning your entire bankroll, except you are disciplined enough to stop gambling half way,, I've tried the martingale strategy on a $100 bank roll, and the speed through which I lost the entire money surprised me, even with some minor wins here and there in the process, before I knew what I was doing, my entire bankroll was empty, that was the very day I swore never to increase my bets, except on special occasions where I was ready to loose all the money and rest..
Martingale is for those with big bank roll, the bigger the better, and so is your chance of hitting the jackpot higher, that is making all the losses back in one shot.
Yeah, $100 is too small a bankroll, especially for a strategy like Martingale. Let's imagine you're playing a dice game with a 50% chance of winning and set 1 cent as the minimum bet to mine BFG tokens as a bonus. In that case, 12-13 losses in a row would be more than enough to completely empty your $100 bankroll. The only problem is that 12-13 losses in a row aren't the worst thing since sometimes there might be more than 20-25 losses in a row in a dice game, which means that even a bankroll of a few thousand dollars is not safe for the Martingale strategy.
I don't really understand the players who strictly play according to the Martingale system?
In this strategy, there are almost always factors due to which it cannot be used 100%.
If we talk about large amounts in the game, then in all casinos there are restrictions on the maximum bet and also on the minimum bet. Because of this, the strategy may fail in practice when such limits can be reached. But, I'm not talking about the case when such a player simply ran out of money from losing at some stage of the Martingale. It should also be taken into account that, for example, zero in roulette also violates the Martingale process.
As a result, in practice one has to be a very reckless and risky player, if one still plays like this perfectly knowing about these essential and critical limitations of the strategy.
However, I also note that the very name, the very word: "Martingale" sounds mysterious and playful. And for inexperienced players and casual people unfamiliar with gambling, this name fascinates and makes such a player just some kind of superhero in their eyes!