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Topic: Does martingale really works? (Read 123253 times)

hero member
Activity: 2954
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November 07, 2016, 10:58:48 PM
I can say with full surety about my experience with martingale in dice specifically where it is used mostly and is watched in this regard in gambling. It never worked for me and what I have read so far I came to know most of the players have answer in negative about its effectiveness. Martingale or anything else don't work as strategy in gambling.

Most people  here  have   experience on  using   martingale   because they already  know  the effect and   results when   you  do  use  it. Martingale does  work  on the  first time sometimes  and   you could able to gain profits with it  but  when greediness of  yours  comes   you would surely  get busted  on the long run.
not most people i think , but everyone have tried martingale and it is never work.
never work in the long run , you might receive a good winning in short period.
but once you do it continuously , the house edge always take your money away.

It's not the house edge, but you'll reach an impossible amount in just a few beers by starting even with $1. Doubling down your amount every bet is TOO risky and cannot earn you much profit. If you lose, you're down a lot.
I am surprise it works for me, I have not been using martingale method in dice but more like in sports betting. I have always bet on the favorites regardless of their odds, and martingale like 5 times. For sure a good team will not lose 5 in a row, in every loss they are due for a big win.
legendary
Activity: 1134
Merit: 1597
November 07, 2016, 05:30:15 PM
I can say with full surety about my experience with martingale in dice specifically where it is used mostly and is watched in this regard in gambling. It never worked for me and what I have read so far I came to know most of the players have answer in negative about its effectiveness. Martingale or anything else don't work as strategy in gambling.

Most people  here  have   experience on  using   martingale   because they already  know  the effect and   results when   you  do  use  it. Martingale does  work  on the  first time sometimes  and   you could able to gain profits with it  but  when greediness of  yours  comes   you would surely  get busted  on the long run.
not most people i think , but everyone have tried martingale and it is never work.
never work in the long run , you might receive a good winning in short period.
but once you do it continuously , the house edge always take your money away.

It's not the house edge, but you'll reach an impossible amount in just a few beers by starting even with $1. Doubling down your amount every bet is TOO risky and cannot earn you much profit. If you lose, you're down a lot.
hero member
Activity: 882
Merit: 500
November 07, 2016, 04:38:06 PM
I can say with full surety about my experience with martingale in dice specifically where it is used mostly and is watched in this regard in gambling. It never worked for me and what I have read so far I came to know most of the players have answer in negative about its effectiveness. Martingale or anything else don't work as strategy in gambling.

Most people  here  have   experience on  using   martingale   because they already  know  the effect and   results when   you  do  use  it. Martingale does  work  on the  first time sometimes  and   you could able to gain profits with it  but  when greediness of  yours  comes   you would surely  get busted  on the long run.
not most people i think , but everyone have tried martingale and it is never work.
never work in the long run , you might receive a good winning in short period.
but once you do it continuously , the house edge always take your money away.
Basically I have concluded about martingale strategy that will not work but it will perform well when you are playing manual dicing and you are playing against other players even in real time.

But martingale strategy will never work better for us in an automated dice gambling. If you want to have a successful martingale strategy in dice gambling, then you must be needing to have more bankroll than the house edge.
legendary
Activity: 1050
Merit: 1001
November 07, 2016, 07:05:34 AM
I can say with full surety about my experience with martingale in dice specifically where it is used mostly and is watched in this regard in gambling. It never worked for me and what I have read so far I came to know most of the players have answer in negative about its effectiveness. Martingale or anything else don't work as strategy in gambling.

Most people  here  have   experience on  using   martingale   because they already  know  the effect and   results when   you  do  use  it. Martingale does  work  on the  first time sometimes  and   you could able to gain profits with it  but  when greediness of  yours  comes   you would surely  get busted  on the long run.
not most people i think , but everyone have tried martingale and it is never work.
never work in the long run , you might receive a good winning in short period.
but once you do it continuously , the house edge always take your money away.
legendary
Activity: 3108
Merit: 1138
November 07, 2016, 07:01:18 AM
I can say with full surety about my experience with martingale in dice specifically where it is used mostly and is watched in this regard in gambling. It never worked for me and what I have read so far I came to know most of the players have answer in negative about its effectiveness. Martingale or anything else don't work as strategy in gambling.

Most people  here  have   experience on  using   martingale   because they already  know  the effect and   results when   you  do  use  it. Martingale does  work  on the  first time sometimes  and   you could able to gain profits with it  but  when greediness of  yours  comes   you would surely  get busted  on the long run.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
November 07, 2016, 06:58:00 AM
I can say with full surety about my experience with martingale in dice specifically where it is used mostly and is watched in this regard in gambling. It never worked for me and what I have read so far I came to know most of the players have answer in negative about its effectiveness. Martingale or anything else don't work as strategy in gambling.

Martingale and  whatsoever   techniques and  ways  that  are being claimed that worked  on  gambling  doesnt  really give  assurance   on  gaining  profits   on the  long run.   I do   use this martingale   strategy   when  i was   just starting  up to gambling because  its   quiet famous  way   that  people  are  talking too but   when i tried  it  ,i could really say that  i doesnt  work and  lost   huge amounts of  money  because  of  lossing  streaks.
hero member
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November 07, 2016, 06:21:21 AM
Martingale is directly about to a simple game of guessing heads or tails. It is use in casino like in black jack or roulette. This needs you to double your bet from your previous bet. For example, if you bet $10 for the first time and lose it, your bet on the second time will be $20 and when you lose it again, your bet on the third time will be $40. I guess if you are not money prepared and if you are continue losing it, you are taking risk. But the more the money you bet, the more chances of winning big amount.

Chances remain the same. It is purely psychological, and that seems to be the major issue with the martingale system. You begin losing and start increasing your bets, thinking that since you've seen so many consecutive losses, the odds somehow change in your favor for the next roll. But rolls are independent of each other, and there is no reason to think so.
I guess that should be rephrased to "The more money you bet, the higher your returns will be." But the higher your base bet is, the lower amount of loss streak you can recover. Which is another disadvantage in martingale because you have to be able to recover as much loss streak as possible. There are rounds where you have to double your bet 20 times (20 losing streak) and that requires a huge amount of bank roll.
hero member
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November 07, 2016, 06:07:22 AM
I can say with full surety about my experience with martingale in dice specifically where it is used mostly and is watched in this regard in gambling. It never worked for me and what I have read so far I came to know most of the players have answer in negative about its effectiveness. Martingale or anything else don't work as strategy in gambling.
hero member
Activity: 742
Merit: 526
November 07, 2016, 05:24:39 AM
Martingale is directly about to a simple game of guessing heads or tails. It is use in casino like in black jack or roulette. This needs you to double your bet from your previous bet. For example, if you bet $10 for the first time and lose it, your bet on the second time will be $20 and when you lose it again, your bet on the third time will be $40. I guess if you are not money prepared and if you are continue losing it, you are taking risk. But the more the money you bet, the more chances of winning big amount.

Chances remain the same. It is purely psychological, and that seems to be the major issue with the martingale system. You begin losing and start increasing your bets, thinking that since you've seen so many consecutive losses, the odds somehow change in your favor for the next roll. But rolls are independent of each other, and there is no reason to think so.
legendary
Activity: 1456
Merit: 1005
November 06, 2016, 11:16:09 PM
If you consider using Martingale or any other method to win at gambling then you should make sure not to continue on that in the long run. Because it will work for sometime and then will end up is loss. This is because the math is based on the assumption that bankroll being infinite, which is rarely true in real life gambling.
I guess we don't need to consider to using martingale due we has know what the result we get even though sometimes it working well but most of that's lossing you will got.

It works only sometimes because end results depend on only luck so if you're lucky on a given day then it will work otherwise no. So it is simple that don't gamble for making money but just play for fun and if your lucky then you will earn on that day otherwise think that you spent some money for your enjoyment.
member
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November 06, 2016, 11:06:59 PM
Martingale is directly about to a simple game of guessing heads or tails. It is use in casino like in black jack or roulette. This needs you to double your bet from your previous bet. For example, if you bet $10 for the first time and lose it, your bet on the second time will be $20 and when you lose it again, your bet on the third time will be $40. I guess if you are not money prepared and if you are continue losing it, you are taking risk. But the more the money you bet, the more chances of winning big amount.
legendary
Activity: 1554
Merit: 1026
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November 05, 2016, 01:42:43 PM
Yes it does work though not if the house cheats you or simply puts a limit on maximum bet amount to avoid losing big, it is either you going to need a large balance and win eventually or you keep hitting the red and end up with a big loss and scam accusation thread Smiley.

Limit on maximum bets are a reality and most casinos have it.  Smiley
klf
legendary
Activity: 1344
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November 05, 2016, 06:07:19 AM
Yes it does work though not if the house cheats you or simply puts a limit on maximum bet amount to avoid losing big, it is either you going to need a large balance and win eventually or you keep hitting the red and end up with a big loss and scam accusation thread Smiley.

I think to win gambling most important thing one need it luck and if anyone got this luck then they no need of any big bankroll to win money in gambling. You said it works and need big bankroll but you know what is that amount? But I don't think just by having big bankrolls you can't win gambling. Not all gambling sites are cheating people but after losing money people thinks that they got cheated.
hero member
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November 05, 2016, 05:42:32 AM
Yes it does work though not if the house cheats you or simply puts a limit on maximum bet amount to avoid losing big, it is either you going to need a large balance and win eventually or you keep hitting the red and end up with a big loss and scam accusation thread Smiley.
hero member
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November 05, 2016, 05:36:31 AM
Martingale doesn't work for longer sections like any other method. Whatever you try to apply in dice will give you impression of working but that will last for some rolls. Martingale has no exception and doesn't really work for majority of the players. It still might be working for some but my answer is now because for me it never did.
hero member
Activity: 826
Merit: 502
November 05, 2016, 05:33:40 AM
Not only martingale, but any other strategy works in a short time period.
Martingale multiplies your bet amount by 2 every time you lose. That makes the your bet increase exponentially. People have put a limit on this. They created another strategies that doesn't have to double every single time they lose. There's a lot of them if you search on google but I don't think it'll give you profit in the long run.

I guess manual betting is the key to success in gambling.
hero member
Activity: 756
Merit: 500
November 04, 2016, 07:25:32 PM
i dont think martingale strategy is really work
because if we bet higher and higher but we always get lose we will get empty balance
but sometimes its work but not often depend on luck

Yeah it's something very true friend. because martingale strategy is a strategy that will give us a big loss and a very small profit. But the views of it all, if we are to benefit then we should be able to use gambling as well, however. because gambling is always demanding it all and if we can't then please do not use the gambling
hero member
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November 04, 2016, 07:08:31 PM
i dont think martingale strategy is really work
because if we bet higher and higher but we always get lose we will get empty balance
but sometimes its work but not often depend on luck
legendary
Activity: 1904
Merit: 1000
November 04, 2016, 05:34:38 PM
Yes it do works in a short period of time but if you keep doing martingale you will end up losing everything. Even when you start with 1 sat and do martingale sooner or later red train will come until you do not have enough balance for your next bet. It always happens to me in dice.

Mostly, martingale will stop working properly when we ran out of balance to cover our lossing streak and that happened to most gamblers that using martingale system.

But dont forget, eventhough this is very rare to happen, there is one other thing that will halt martingale from working properly even we still have enough balance to cover our lose streak. That thing is called 'Max Profit'. Let say for example, in a dice site that has 5 BTC as the max profit and we play at x2 payout and our starting bet is 0.1 BTC. When we got 5 reds at a row at 2x, and this very common to happen, we cant martingale it at the 6th roll since it'll exceed the max profit. We have to adjust our 6th roll to 2.5 BTC to fit with the max profit. If we win the 6th roll that wont cover our previous lose. And to cover it we need to get another green at 7th roll, etc. 
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November 04, 2016, 05:28:00 PM
Yes it do works in a short period of time but if you keep doing martingale you will end up losing everything. Even when you start with 1 sat and do martingale sooner or later red train will come until you do not have enough balance for your next bet. It always happens to me in dice.

Not only martingale, but any other strategy works in a short time period. That is the nature of gambling game, it wasn't make to give profit to players on long term. The casinos must survive and make profit for them and for the bankroll investors. Some lucky guys can make some profit for some time, if they are smart, they cash-out and use their money for a good purpose.
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