Topic: Does martingale really works? - page 10. (Read 123253 times)
There are tons of other strategies out there that might actually make you profit in the long run. To be completely honest, martingale isn't profitable at all unless you have infinite amount of bankroll and there's no maximum bet amount on the gambling site that you're playing. Each time you win, regardless of lose streak, you'll only earn the same amount as your base bet. I don't think that's a wise thing to do since your bet increases exponentially. Your bet could go really really high but the profit that you'll get after winning a round is still the same amount as your base bet.
The house edge is what kills Martingale and of course the balance. It'd work fine with unlimited balance, which is in most cases something impossible to achieve.
It wouldn't work either since every casino has providently put a limit on a maximal bet you can place
The house edge is what kills Martingale and of course the balance. It'd work fine with unlimited balance, which is in most cases something impossible to achieve.
Hello
My answer would be Yes & No.
Like all gambling sites depend on your luck and the maths is never on your side - thats why its called house edge it is right to rename as Martinfail.
The key to making martingale profitable is to get out early - as soon as you win that amount, cash out. Dont keep on betting, if you do that you will end up losing everything.
Good Luck!!
My answer would be Yes & No.
Like all gambling sites depend on your luck and the maths is never on your side - thats why its called house edge it is right to rename as Martinfail.
The key to making martingale profitable is to get out early - as soon as you win that amount, cash out. Dont keep on betting, if you do that you will end up losing everything.
Good Luck!!
Right option is that to get stop early when we made enough profit with martingale, but this could happen in case of being lucky with gambling and the house has more chance to take all money back, I don't think anybody can manage to keep using martingale in long term because it will get failed for sure.
Even in short term, there is still a slight chance you will martinfail. I reckon if you do 500 short runs, you will go bust in at least one of them. Like I said, it's pretty rare to martinfail if you're stopping early, but it still sometimes happens. Also, even without house edge, you can go bust. It's not the matter of -EV, but the matter of exponential growth. 30 loss streaks can still happen in zero house casinos.
Personally, I would just stick to flat betting.
not really, if u keep betting,
martingale fails in a long run, i wont suggest u to do it,
i have lost over 10 btc playing with martingale,
it works only when u limit max bet
10 bets and reset base if lost 10th bet
i made those 10 btc with 0.02 btc with that setting, but i got greedy and played without max bet and lost it ..... i hope u wont do the same mistake,
good luck
it's mean you just only lose 0.02 btc because you started with that amount. How much your basebet when you using martingale strat? 1 sat? Got 10 streak in a rows is easy on that chance (49.95%) martingale fails in a long run, i wont suggest u to do it,
i have lost over 10 btc playing with martingale,
it works only when u limit max bet
10 bets and reset base if lost 10th bet
i made those 10 btc with 0.02 btc with that setting, but i got greedy and played without max bet and lost it ..... i hope u wont do the same mistake,
good luck
not really, if u keep betting,
martingale fails in a long run, i wont suggest u to do it,
i have lost over 10 btc playing with martingale,
it works only when u limit max bet
10 bets and reset base if lost 10th bet
i made those 10 btc with 0.02 btc with that setting, but i got greedy and played without max bet and lost it ..... i hope u wont do the same mistake,
good luck
martingale fails in a long run, i wont suggest u to do it,
i have lost over 10 btc playing with martingale,
it works only when u limit max bet
10 bets and reset base if lost 10th bet
i made those 10 btc with 0.02 btc with that setting, but i got greedy and played without max bet and lost it ..... i hope u wont do the same mistake,
good luck
Hello
My answer would be Yes & No.
Like all gambling sites depend on your luck and the maths is never on your side - thats why its called house edge it is right to rename as Martinfail.
The key to making martingale profitable is to get out early - as soon as you win that amount, cash out. Dont keep on betting, if you do that you will end up losing everything.
Good Luck!!
My answer would be Yes & No.
Like all gambling sites depend on your luck and the maths is never on your side - thats why its called house edge it is right to rename as Martinfail.
The key to making martingale profitable is to get out early - as soon as you win that amount, cash out. Dont keep on betting, if you do that you will end up losing everything.
Good Luck!!
Right option is that to get stop early when we made enough profit with martingale, but this could happen in case of being lucky with gambling and the house has more chance to take all money back, I don't think anybody can manage to keep using martingale in long term because it will get failed for sure.
Even in short term, there is still a slight chance you will martinfail. I reckon if you do 500 short runs, you will go bust in at least one of them. Like I said, it's pretty rare to martinfail if you're stopping early, but it still sometimes happens. Also, even without house edge, you can go bust. It's not the matter of -EV, but the matter of exponential growth. 30 loss streaks can still happen in zero house casinos.
Personally, I would just stick to flat betting.
Hello
My answer would be Yes & No.
Like all gambling sites depend on your luck and the maths is never on your side - thats why its called house edge it is right to rename as Martinfail.
The key to making martingale profitable is to get out early - as soon as you win that amount, cash out. Dont keep on betting, if you do that you will end up losing everything.
Good Luck!!
My answer would be Yes & No.
Like all gambling sites depend on your luck and the maths is never on your side - thats why its called house edge it is right to rename as Martinfail.
The key to making martingale profitable is to get out early - as soon as you win that amount, cash out. Dont keep on betting, if you do that you will end up losing everything.
Good Luck!!
Right option is that to get stop early when we made enough profit with martingale, but this could happen in case of being lucky with gambling and the house has more chance to take all money back, I don't think anybody can manage to keep using martingale in long term because it will get failed for sure.
What martingale does is to create "very high win chance" bets.
With a strategy of base amount 0.001, 2x on loss, total budget 1.024 (busted in 10 consecutive losses), what you are really betting is 99.89% (=1-0.505^10) win chance bets.
So, you are just hoping you will never see a rare event happens (10 consecutive losses in this case).
With a strategy of base amount 0.001, 2x on loss, total budget 1.024 (busted in 10 consecutive losses), what you are really betting is 99.89% (=1-0.505^10) win chance bets.
So, you are just hoping you will never see a rare event happens (10 consecutive losses in this case).
The other thing to consider is how long it takes to get there. At 0.001 BTC, to get 1 BTC you'd need to win 1000 times before that happens. The chances of this are 1/1024, but you have to consider that it's inclusive of all rolls. So you aren't rolling 1000 times. Every loss adds another to it. If you win and lose 50%, it would take 2000 rolls to get there, but there is a 1/1024 chance you're going to cap out and lose it all.
It is true and like I said the maths is never on our side. That's why the House edge is there and that's why we need luck. By the time you end up at 1BTC (you never will actually) you will have lost all your bankroll - so its an overall loss so to say.
Good Luck!!
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?
for me it works. And it can(and Probably will) work for you too. Just you must know when to stop, as with martingale you can lose everything, but if you will stop at right moment, you will be okay
i would advice you to simple bet one large bet and see if you are lucky or not, as with martingale you will lose everything, with big bet you will save time atleast
Hello
My answer would be Yes & No.
Like all gambling sites depend on your luck and the maths is never on your side - thats why its called house edge it is right to rename as Martinfail.
The key to making martingale profitable is to get out early - as soon as you win that amount, cash out. Dont keep on betting, if you do that you will end up losing everything.
Good Luck!!
My answer would be Yes & No.
Like all gambling sites depend on your luck and the maths is never on your side - thats why its called house edge it is right to rename as Martinfail.
The key to making martingale profitable is to get out early - as soon as you win that amount, cash out. Dont keep on betting, if you do that you will end up losing everything.
Good Luck!!
Dice is a game of luck there is not any strategy that really works,maybe martingale(or martinfail like another guy said before) works for a short period of time but we all know how it will end if you keep rolling...but whatever way you decide to go,martingale or random rolls always set a win and loss limit,that's the most important thing in gambling and you should never forget it.
Maybe luck is still necessary to win any gambling games. Martingale strategy sometimea working, sometimes its not. So you better follow your instinct. You should not rely yourself on that strategy. Do your own style and be more confident.
If it is working only sometimes than it is not working at all. There are no strategies that will increase your chances to win, it's mathematically impossible.
Maybe martingle works sometimes and sometimes not but for the fact that it is still gambling and needs luck well possibly martingale is just an accesory so people would provably follow to this strat and would be interested to gamble with, but seems martingale are really not working since many people whos gamble more are know about this strat and i think the mods of some dice site really aware it and make some counter measure so they will not been lose to their gamblers who's using martingale.
Maybe luck is still necessary to win any gambling games. Martingale strategy sometimea working, sometimes its not. So you better follow your instinct. You should not rely yourself on that strategy. Do your own style and be more confident.
If it is working only sometimes than it is not working at all. There are no strategies that will increase your chances to win, it's mathematically impossible.
Maybe luck is still necessary to win any gambling games. Martingale strategy sometimea working, sometimes its not. So you better follow your instinct. You should not rely yourself on that strategy. Do your own style and be more confident.
I tried it and it did not do it for me.
I lost more than what I came in with after the first win using it. Then it went downhill from there.
That's how it seems to work, you win the first time but then the system turns to sh*t after that.
I lost more than what I came in with after the first win using it. Then it went downhill from there.
That's how it seems to work, you win the first time but then the system turns to sh*t after that.
Only if you have a high enough balance and start at a low enough bet. It also depends on what win percentage you start at. You can lose a whole lot at low win percent.
I have my own system that works real well, but it doesn't coincide with the dice auto betting system-- and I wouldn't trust it to. I haven't bet millions, simply because I don't feel I have enough, but I will try when I do
I have my own system that works real well, but it doesn't coincide with the dice auto betting system-- and I wouldn't trust it to. I haven't bet millions, simply because I don't feel I have enough, but I will try when I do
Whatever you are trying to do has already been tried and it didn't work out
Stop misspelling the name..... MARTINFAIL, that's how it's called.
This is a 'genius method' nobody got rich from unless they were really lucky. Imagine playing martingale in a casino with at $1 minimum bet. EASY WIN. For the house
Stop asking for strategies. There's no such thing.. it's luck or nothing.
well the strategy works for a little while in my opinion, i think that for people who want to make only small money it might be profitableThis is a 'genius method' nobody got rich from unless they were really lucky. Imagine playing martingale in a casino with at $1 minimum bet. EASY WIN. For the house
Stop asking for strategies. There's no such thing.. it's luck or nothing.
Not really. Let's say you're starting with $1. You just want to get $1, so you decide to go martingale. You loose, so you go with $2. You loose - $4, then $8, then $16, then $32 and two more bets until $128. Trust me, it's really easy to have 8 losses in a row. also, in the end, even if you reach $1024 as the placed bet.... If you win, you'll get back only $1. That means you're literally risking over $1.8k for a dollar. No thanks.
Stop misspelling the name..... MARTINFAIL, that's how it's called.
This is a 'genius method' nobody got rich from unless they were really lucky. Imagine playing martingale in a casino with at $1 minimum bet. EASY WIN. For the house
Stop asking for strategies. There's no such thing.. it's luck or nothing.
well the strategy works for a little while in my opinion, i think that for people who want to make only small money it might be profitable This is a 'genius method' nobody got rich from unless they were really lucky. Imagine playing martingale in a casino with at $1 minimum bet. EASY WIN. For the house
Stop asking for strategies. There's no such thing.. it's luck or nothing.
Only if you have a high enough balance and start at a low enough bet. It also depends on what win percentage you start at. You can lose a whole lot at low win percent.
I have my own system that works real well, but it doesn't coincide with the dice auto betting system-- and I wouldn't trust it to. I haven't bet millions, simply because I don't feel I have enough, but I will try when I do
I have my own system that works real well, but it doesn't coincide with the dice auto betting system-- and I wouldn't trust it to. I haven't bet millions, simply because I don't feel I have enough, but I will try when I do
Whatever you are trying to do has already been tried and it didn't work out
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