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Topic: Does martingale really works? - page 5. (Read 123302 times)

hero member
Activity: 658
Merit: 501
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October 12, 2016, 01:22:33 PM
This has already been discussed several times in this forum. Martingale cannot work on roulette in online casinos because it's independent every play from each other so it may very well be 100 times in a row RED. We know in real casinos with the law of probabilities and if the casino is not cheating it cannot fall 100 consecutive times RED color.

Problem with offline casinos is they know this and they have took measures about such things so they have put max bet limits making this strategy not to work even if you have really large bankroll this limit avoids this strategy.

The only way Martingale can work is if you follow a tipster which places bets of odds minimum 2 and you know that tipster doesn't lose for example 5 times or 7 times in a row. You can double every time your bet until you win. Just pick a sports book which has no max bet limits and accepts bets up to 100 BTC. For sure this is the only way martingale to work, no other ways exist.
hero member
Activity: 532
Merit: 500
October 12, 2016, 01:12:05 PM
I would say martingale doesn't work for long session playing. You are going to be victim of your own strategy sooner or later as long as you are in game. There is only way of escape is make withdraw little or much doesn't matter. You need really few loosing streaks to reach the level where did you start from.
I totally agree with this, and This Martingale will not work for anyone, and I tried many times with small bankroll but I end with a loss, and I don't have dare to play with a big bankroll. Because if I lose small amount I can afford it, but if I lose big amount I can not afford, and This Martingale is the risky method I don't like to take a risk with my money.
hero member
Activity: 742
Merit: 526
October 12, 2016, 11:40:29 AM
I will disagree with you on the point of big bankroll can help you win much money or can help martingale to make you profit in dice. I will say big bankroll means you are exposed to bigger loss since you can have even 20 or more loosing streaks and sites have also limits of rolling the dice of maximum amount. In theory it looks good and true but it is not practical solution in dice as general.

With an infinite bankroll martingale becomes a winning strategy provided there is no limit in maximum bet amount, which I specifically mentioned. Consequently, a bigger bankroll will help you last longer than a smaller one since with a bigger bankroll you will be able to survive longer losing streaks. Should I have also added that the starting bet amount was meant to be the same?
hero member
Activity: 728
Merit: 500
October 12, 2016, 07:20:41 AM
I will disagree with you on the point of big bankroll can help you win much money or can help martingale to make you profit in dice. I will say big bankroll means you are exposed to bigger loss since you can have even 20 or more loosing streaks and sites have also limits of rolling the dice of maximum amount. In theory it looks good and true but it is not practical solution in dice as general.
hero member
Activity: 742
Merit: 526
October 12, 2016, 06:24:33 AM
If find that martingale works until it doesn't, once you have one bad streak you lose a lot. It is one of the better ways because of the reduced risk that the system provides but it is not perfect so there is still a chance that you will lose.

As far as I'm familiar with the martingale system in general, it could potentially work if the following conditions are met simultaneously:

  • The house edge is not very high
  • You have a significantly greater amount of funds than the house
  • There is no limit on the max amount you can bet

Since you are almost always less liquid than the house, and still more so if you start losing (gambled away money goes directly to the house bankroll), while the house owners are not fools themselves to allow limitless bets for real (they may claim otherwise, though), the martingale system is apparently a losing game in the long run.
hero member
Activity: 700
Merit: 500
October 12, 2016, 06:19:46 AM
I would say martingale doesn't work for long session playing. You are going to be victim of your own strategy sooner or later as long as you are in game. There is only way of escape is make withdraw little or much doesn't matter. You need really few loosing streaks to reach the level where did you start from.
member
Activity: 98
Merit: 10
October 12, 2016, 05:51:06 AM
If find that martingale works until it doesn't, once you have one bad streak you lose a lot. It is one of the better ways because of the reduced risk that the system provides but it is not perfect so there is still a chance that you will lose.
hero member
Activity: 728
Merit: 500
October 12, 2016, 05:45:07 AM
I think it works in some cases if we look at the whole scene. What we do mistake is we keep ourselves in center and make analysis of anything around our experience. Actually there are many players playing same time and many using same kind of famous methods like martingale. Why we loose fact isn't that martingale doesn't work actually there is no fix pattern for every player separately and script work for all active players. That is reason someone keeps winning streaks and other loosing. All is correct in fact at large.
newbie
Activity: 38
Merit: 0
October 11, 2016, 11:55:07 PM
No, doesn't. Matingale strategy on gambling is not works, it is needs much money and must be has unlimited money it is not efective because there are not people who has unlimited money in the world.

I have tried to use martingale and instead of winning it just made me lose a lot of my bitcoins. That is why I don't depend on any strategy anymore, as long as I want to gamble I will just accept the fact that I will going to lose if ever I will not going to be wise as I play. SO even small amount of profit, I will going to stop already if I reached it.

LOL. how do play wise if you didn't use strategy in the gambling? Martingle is just a constant strategy but there is a lot of strategy that have no name. So if you are playing wise, i think it is consider as a strategy. For me gambling is just a matter of luck and how it can gave entertainment to the user, Never mind the profit, it will just come if your lucky
hero member
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October 11, 2016, 11:43:23 PM
No, doesn't. Matingale strategy on gambling is not works, it is needs much money and must be has unlimited money it is not efective because there are not people who has unlimited money in the world.

I have tried to use martingale and instead of winning it just made me lose a lot of my bitcoins. That is why I don't depend on any strategy anymore, as long as I want to gamble I will just accept the fact that I will going to lose if ever I will not going to be wise as I play. SO even small amount of profit, I will going to stop already if I reached it.
legendary
Activity: 2002
Merit: 1016
October 11, 2016, 07:28:02 PM
For some gamblers martingale works and for some they are saying it is not working so in conclusion it is a 50/50.

But for me, I would say whatever strategy you are going to use it is still going to depend on how you gamble properly.

Because even you have strategy but you are becoming angry easily and you can't manage your emotion then you are going to lose.

Martingale have nothing to do with emotions. It is all about your wallet resources - if you have not enough sooner or later you will have to lose..

You wrote that it is 50/50.. Not really.. there always will be Dice/Casino interest, so player chances are smaller then 50%

In my opinion it is everything about luck, and when longer you play, your chances are smaller.
hero member
Activity: 840
Merit: 501
Strength in Numbers
October 11, 2016, 07:16:11 PM
For some gamblers martingale works and for some they are saying it is not working so in conclusion it is a 50/50.

But for me, I would say whatever strategy you are going to use it is still going to depend on how you gamble properly.

Because even you have strategy but you are becoming angry easily and you can't manage your emotion then you are going to lose.
full member
Activity: 210
Merit: 100
October 11, 2016, 06:53:38 PM
No, doesn't. Matingale strategy on gambling is not works, it is needs much money and must be has unlimited money it is not efective because there are not people who has unlimited money in the world.
legendary
Activity: 1666
Merit: 1001
October 11, 2016, 06:47:46 PM
I will say no to martingale as this really doesn't work. It is just waste of money as there is no specified number of getting loosing streaks and you can loose big amount of money. I have used martingale and got loss all the time in the end. Dice is to play by luck without using any strategy.
I think its depends how lucky you are if you are greedy yeah it won't work. martingale is an old strategy that uses many times by many gamblers it is working if you can be satisfied what you had if not you can not make any good profit or win any amount.. i saw many people are doing martingale in prime dice with video before and i think manually doing it will work but if you choose bot to use martingale it can drain your wallet fast instead of making a good profit.
when you used martingale, it's not luck anymore that you are looking for, you need to count the probability of the game and if you do your count carefully no matter what kind of strategy or your setting you will find out there is always is a losing chance, that is why you are losing all the times
legendary
Activity: 3248
Merit: 1402
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October 11, 2016, 02:46:11 PM
Martingale works actually. But in a very stripped-down version.
It could work, if we had an unlimited amount of money. Then any losses would have it wins to compensate as well as opposite. So it would be eternally jumping from one extreme to the other and in a result it would be complete zero. And zero isn't nothing, it means total equality of extremes (on the middle between absolute loss and absolute win).
But in real life we have only limited amount of money. So any jumps between extremes will be finished in a result with one of the two extremes. The goal of gambler is to end with win, not loss or 'zero'. However, that understanding of martingale is perverted, as actually it should ideally always give the same amount of money as at the start. Hence, it works, but to 'zero', which is neither win nor loss.
legendary
Activity: 3374
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October 11, 2016, 02:21:48 PM
I will say no to martingale as this really doesn't work. It is just waste of money as there is no specified number of getting loosing streaks and you can loose big amount of money. I have used martingale and got loss all the time in the end. Dice is to play by luck without using any strategy.
I think its depends how lucky you are if you are greedy yeah it won't work. martingale is an old strategy that uses many times by many gamblers it is working if you can be satisfied what you had if not you can not make any good profit or win any amount.. i saw many people are doing martingale in prime dice with video before and i think manually doing it will work but if you choose bot to use martingale it can drain your wallet fast instead of making a good profit.
hero member
Activity: 672
Merit: 500
October 11, 2016, 01:58:57 PM
I will say no to martingale as this really doesn't work. It is just waste of money as there is no specified number of getting loosing streaks and you can loose big amount of money. I have used martingale and got loss all the time in the end. Dice is to play by luck without using any strategy.
legendary
Activity: 2058
Merit: 1030
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October 11, 2016, 01:34:09 PM
I think many people are still using martingale methods since its a common and sometimes you can make a good profit with that methods people are greedy thats why they are just losing a lot instead of making profit they are not satisfied what they have..
legendary
Activity: 1638
Merit: 1046
October 11, 2016, 01:17:48 PM
I think martingale or not if you play and if you are not lucky it will not work any more but if you are lucky and make good profit  it means martingale works for you ... just always relay in your luck and skills both of them are good..
legendary
Activity: 1904
Merit: 1000
October 11, 2016, 01:03:43 PM
Each person treat martingale differently. Some people tend to use it for a longer time thats why he/she can lose all of his/her money with this system. And other people use it to gain small profit only, like 50% from his balance and stopped. Basically all systems will fail if we use it continuously.
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