Does martingale really works? - page 14.

Digitalbitcoin

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Quote from: Digitalbitcoin on March 07, 2016, 10:57:07 AM

Martingale is basically and mostly used in binary options bcz there are certain theories used in bitcoin binary option trading and it really works in binary option I tried it on on e of the best bitcoin binary option trading platform.

I have seen many peoples in real binary option keep equity upto 100 times according to martingale theory. If this theory really works but needs to take risk of equity.

Taking risk 100X will be definatelly profitable.

Digitalbitcoin

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Martingale is basically and mostly used in binary options bcz there are certain theories used in bitcoin binary option trading and it really works in binary option I tried it on one of the best bitcoin binary option trading platform.

Barbut

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★Bitvest.io★ Play Plinko or Invest!

At its core, the martingale system requires you to double your previous stake for every losing bet you make. The main issue with Martingale is that it requires an extremely large bankroll. It seems like a fantastic way to make money with gambling, but in the reality martingale system is full with problems.

talkbitcoin

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All I know is that I know nothing.

Quote from: fullypak on March 06, 2016, 09:44:26 PM

Quote from: cameltoe on March 06, 2016, 06:01:37 PM

Does martingale work? Short answer no, long answer no. Even if you have 1 million BTC it will not work!

That very true. This method will not work and also some people say it will work for short time but it is not true. There is no guaranty that we will not get continuous loses in the beginning. This game is fully depends on luck so better to gamble carefully with small amounts instead going of big amount.

i don't agree with this.
this is true only with the bankroll and starting bet size that we are using but it must work if you have a very large bankroll and use a small bet size as cameltoe is saying 1 million btc, there is no way that you lose 50 times in 2x the max lose is 20-30 reds in a row unless the system is rigged.

relq

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Quote from: cameltoe on March 06, 2016, 06:01:37 PM

Does martingale work? Short answer no, long answer no. Even if you have 1 million BTC it will not work!

It will works using martingale strategy if you know when you need to stop, because using martingale strategy for long term is always make you busted in the end.

EdenHazard

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Quote from: fullypak on March 06, 2016, 09:44:26 PM

Quote from: cameltoe on March 06, 2016, 06:01:37 PM

Does martingale work? Short answer no, long answer no. Even if you have 1 million BTC it will not work!

That very true. This method will not work and also some people say it will work for short time but it is not true. There is no guaranty that we will not get continuous loses in the beginning. This game is fully depends on luck so better to gamble carefully with small amounts instead going of big amount.

Bigger bankroll and bigger desire to double bet with martingale betting system, that will make worst. And sure martingale system are useless, it's just waste your time and your money for sure. Nobody can prove their martingale system are really work. I agree better to bet small amount to get bigger outcome than double bet.

BitcoinSupremo

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It works, it works, it works. Only in sportsbook. Make sure to have a nice big bankroll as beginning. This bankroll should withstand max 6 losses.

First step, follow a good tipster

Second step, double the bet amount after every tip losses. Tipsters which are good they don't have a long losing streak, max I have seen is 6.

Repeat.

Thats the only way martingale can work. In every other circumstance it will not in the long run.

Jemzx00

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Be nice!

Martingale method of betting works depending on your luck. Most people would have said that i doesn't work due to the fact that most people lose instead of winning while a few would say that it works perfectly since it works for them. But i would recommend betting manually instead of doing such methods since you can control you're own bets that way.. Cheesy

kanazawa

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I saw thousands of people talking about martingale in almost every kinda bet, this guys are never in the winners section... most of them in the poker room... martingal sounds like a miracle, but I saw many player lost everything believing it could save their money... best strategy is to keep eyes wide open everytime, every second... man, I won a car (same value I mean) in pokerstars in 2013... trust me, this martingale could be used as a test, but nothin' guarantees you, NOTHING!

fullypak

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Quote from: cameltoe on March 06, 2016, 06:01:37 PM

Does martingale work? Short answer no, long answer no. Even if you have 1 million BTC it will not work!

That very true. This method will not work and also some people say it will work for short time but it is not true. There is no guaranty that we will not get continuous loses in the beginning. This game is fully depends on luck so better to gamble carefully with small amounts instead going of big amount.

cameltoe

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Does martingale work? Short answer no, long answer no. Even if you have 1 million BTC it will not work!

Synister

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yes, Martiangle gambling strategy is
very helpful. But you should still be
careful, make sure sufficient your balance

Aleator

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Yes it's helpful for me, dice. soccer or other game. But in the other side i always stop bet when the amount to bet is higher than my balance

diodio5

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martingale really works. but it was only for a short time. if you use it too long,
all your money could be discharged by martingale

debuni

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Of course it works - if you are THE game provider Cheesy

Soon or a later, result is always 0.00000000 for player.

Games likes Dice, roulette and all casino games should be played only for recreation. Without any "systems" or whatever.

darkangel11

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Don't let others control your BTC -> self custody

Quote from: Straux on January 28, 2016, 02:55:08 PM

Martingale, unless you have a large enough bankroll to cover 30+ losses in a row, is a delayed losss of your funds. It's probable you'll make profit short term, but it's also highly probable you'll lose in the long term. Random is random, you could lose 100 times in a row if RNGesus wishes.

I'd like to see that. It would have been a gambling screenshot of the year. I've seen people losing 20 times on 50% rolls but 100 times? Roll Eyes

Straux

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Martingale, unless you have a large enough bankroll to cover 30+ losses in a row, is a delayed losss of your funds. It's probable you'll make profit short term, but it's also highly probable you'll lose in the long term. Random is random, you could lose 100 times in a row if RNGesus wishes.

ronaldo40

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Quote from: hasiramasenju on January 28, 2016, 11:51:18 AM

Quote from: wildan88 on January 28, 2016, 11:27:03 AM

long as I use the martingale method only works for a while and if it is too long it will inevitably lose.

yes lot of people said just exactly like that martiangle only working for short term gambling and we can not use this strategy repeatedly because if you use it for many times i'm pretty sure you will lost

could run in the long term, but you have substantial capital and then use the base bet 1 or 10 satoshi lol

onlinedragon

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Found some really cool info here about this strategy. Have tried it few times now and got busted way to much. Most of time around 20 000/30 000 bets.

NorrisK

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The longer the losing streak the higher the risk you need to take to win an amount equal to your initial bet.

Would you be willing to bet 10 bitcoin to win 1 Satoshi for your streak? It might be more sensible to take your losses after a certain point.

Martingale works when you have an infinite bankroll, unfortunately, most don't have that.

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