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Topic: Does Martingale strategy increase your chance of winning? - page 3. (Read 942 times)

legendary
Activity: 1750
Merit: 1363
www.btcgosu.com
The whole martingale discussion is getting old really - do still people exist believing they can win (longerm) based on martingale? If so... really you deserve loosing at all... NO, martingale suxx big time, full stop!
hero member
Activity: 1722
Merit: 528
well , Martingle.
first time i using that on primedice a few years ago.
and after it , i using that on another dice site , also on blackjack game.
and as long I use it.
it not incrasing ur chance of winning, it just give u a constant profit if u using that strategy constanly.


Are you always winning from this ? I feat that Martingale strategy is like chasing the losses, and if we do not win in between, we may lose our entire balance in this process. The Martingale strategy become really tense if we have continuous losses and we keep on increasing the amount on every bet. I do not know about others but i feel it's really scary sometimes.


I even bankrupt using this strategy sometimes ,
U know at the beginning i place a high bet , i just feel on that round i will win
But , shit happens , and i lose . After it, i cant using martingle more than 3 times , since the first bet almost 10% from total funds i have.

That is the problem of this strategy.

Martingale will really eat up your balance.

If you really want to use this strategy, better not. I know that it is a good strategy if you are risking your money since gambling is risky and you are doubling that up using this strategy.
hero member
Activity: 1638
Merit: 518
well , Martingle.
first time i using that on primedice a few years ago.
and after it , i using that on another dice site , also on blackjack game.
and as long I use it.
it not incrasing ur chance of winning, it just give u a constant profit if u using that strategy constanly.


Are you always winning from this ? I feat that Martingale strategy is like chasing the losses, and if we do not win in between, we may lose our entire balance in this process. The Martingale strategy become really tense if we have continuous losses and we keep on increasing the amount on every bet. I do not know about others but i feel it's really scary sometimes.


I even bankrupt using this strategy sometimes ,
U know at the beginning i place a high bet , i just feel on that round i will win
But , shit happens , and i lose . After it, i cant using martingle more than 3 times , since the first bet almost 10% from total funds i have.
full member
Activity: 1134
Merit: 105
well , Martingle.
first time i using that on primedice a few years ago.
and after it , i using that on another dice site , also on blackjack game.
and as long I use it.
it not incrasing ur chance of winning, it just give u a constant profit if u using that strategy constanly.


Are you always winning from this ? I feat that Martingale strategy is like chasing the losses, and if we do not win in between, we may lose our entire balance in this process. The Martingale strategy become really tense if we have continuous losses and we keep on increasing the amount on every bet. I do not know about others but i feel it's really scary sometimes.
hero member
Activity: 1638
Merit: 518
well , Martingle.
first time i using that on primedice a few years ago.
and after it , i using that on another dice site , also on blackjack game.
and as long I use it.
it not incrasing ur chance of winning, it just give u a constant profit if u using that strategy constanly.
hero member
Activity: 2464
Merit: 585
There should be a definitive approach to every decision on how to use a strategy and it is not the strategy itself that does the magic, the chance of either winning or losing 10x in a row is dependent on the player, like I said earlier I have little knowledge about this strategy and I am definitely not in the position to talk about it, I don’t use strategies and I prefer to have my game played not minding if I make loses or win.
I love how you ended your statement and I would like to quote you by your statement again. You are truly not in a position to make any statement regarding the strategy because you have rightly admitted that you do not have any knowledge about this strategy and how it works, so I advise you erase the aspect of those you think are using the strategy and succeeding with it, as much we cannot guarantee if that is what they are truly using or just paid to hype it.

In my opinion, I dislike the martingale strategy, I have only tried it once and it failed, it never increases the chances of winning but rather would make you lose even more than you envisage.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
For those who does not experience using this method, they might think that it will improve their chance of winning because they might think losing x10 in a row is impossible. But, for people like me, I would say it's not a working method, hence it will never increase the chance of winning in dice game, in fact, I would call this a recipe for disaster as it's like chasing your loses until you got rekt.
In as much as I don’t really get the calculation accurately right, I am still of the opinion that this martingale strategy   is not as bad as it is been portrayed because I have seen a lot of gamblers that have been successful using this same strategy although I really do not understand how they go about it.

There should be a definitive approach to every decision on how to use a strategy and it is not the strategy itself that does the magic, the chance of either winning or losing 10x in a row is dependent on the player, like I said earlier I have little knowledge about this strategy and I am definitely not in the position to talk about it, I don’t use strategies and I prefer to have my game played not minding if I make loses or win.

I'd like to know if what type of gambling game they are successful and are they successful in long term or short term only?

Those are the things that are necessary for me to know, because I don't believe that one can be successful in games where there is a house edge using the martingale strategy, our only chance of winning here is when we are too lucky to hit a big multiplier, but other than that, all our effort will just end up a losing effort.
actually there is no right strategy to be able to always multiply the victory until it reaches 10x, because almost most people win in gambling only from luck or hockey that he got on that day


Besides that way, there is no other way for gamblers to win in any gambling games. The luck factor will be the one factor that will determine we can win. Maybe the strategy will only give you a chance to defend your money, but that will not be a long time since, in the gambling games, the money will come to the house without we can prevent unless we stop from playing gambling.
hero member
Activity: 2492
Merit: 582
"CoinPoker.com"
As a strategy and money management system, horrible, you are guaranteed to lose or make very unimpressive percentage returns.

However, in short term scenarios when a revert to mean is highly expected, a grid system or a modified martingale can be applied with pleasant results; for example it's a popular approach in FX trading, when after massive moves a currency mean reversion becomes highly likely...
You sound like you have had an experience with the strategy and I feel you are still hurt also. It’s one of those things in the game sometimes we lose and sometimes we gain. I still feel pained to know that I actually paid to learn this terrible strategy that made me loose. It’s one thing to just get to know about a strategy, try it out and it fails and it is another thing to actually pay to learn a wrong strategy.

In 2018, I met a so called gambling expert that promised to expose my eyes to everything I need to know about online gambling and how to become entirely successful and make cool money, I paid about $50 for this lesson and he talk me the best secret to winning in gambling is the strategy which I tried but I lost all my money. It still hurts but I must learn to let go.
jr. member
Activity: 225
Merit: 4
Majority of the tests out there do not take into account the earning rate (running current balance) but only calcualate base on original balance. They missed the "moving variable" which is the earning (or profit), as long as it go faster than what is required to win a rare streak, it's still success.

My simulation is very simple. It doesn't use any mathematics. It brute force output for 100 000 gamblers.

Bet, pick random number, win/loss, change balance, change bet, bet, pick random number, win/loss, change balance, change bet ... .... .... thousands/milions of bets .... portfolio doubled - output win

Bet, pick random number, win/loss, change balance, change bet, bet, pick random number, win/loss, change balance, change bet ... .... .... thousands/milions of bets .... portfolio zeroed - output Loss

Repeat 100 000 times.

End output - 30% win 70% loss - rubbish system.

So my simulation gives exactly what are you will get out of your strategy. With 100 000 tests you can be sure that output will be close to statistic distribution.

The differrent is that how did you do it is different from me (adjustment of bet size, sides, odd, etc...) my output from 200,000,000 times per test and multiple sessions of them: 85% win 15% loss (on total sessions done) -- like i said it belong to martingale category, but it's not what people normally do which is multiple by x after lose, but adjusted to meet the needs. You can't apply your tests which is based on your understanding to my tests with my understanding. Simple.
legendary
Activity: 2156
Merit: 1622
Majority of the tests out there do not take into account the earning rate (running current balance) but only calcualate base on original balance. They missed the "moving variable" which is the earning (or profit), as long as it go faster than what is required to win a rare streak, it's still success.

My simulation is very simple. It doesn't use any mathematics. It brute force output for 100 000 gamblers.

Bet, pick random number, win/loss, change balance, change bet, bet, pick random number, win/loss, change balance, change bet ... .... .... thousands/milions of bets .... portfolio doubled - output win

Bet, pick random number, win/loss, change balance, change bet, bet, pick random number, win/loss, change balance, change bet ... .... .... thousands/milions of bets .... portfolio zeroed - output Loss

Repeat 100 000 times.

End output - 30% win 70% loss - rubbish system.

So my simulation gives exactly what are you will get out of your strategy. With 100 000 tests you can be sure that output will be close to statistic distribution.



hero member
Activity: 2898
Merit: 590
BTC to the MOON in 2019
For those who does not experience using this method, they might think that it will improve their chance of winning because they might think losing x10 in a row is impossible. But, for people like me, I would say it's not a working method, hence it will never increase the chance of winning in dice game, in fact, I would call this a recipe for disaster as it's like chasing your loses until you got rekt.
In as much as I don’t really get the calculation accurately right, I am still of the opinion that this martingale strategy   is not as bad as it is been portrayed because I have seen a lot of gamblers that have been successful using this same strategy although I really do not understand how they go about it.

There should be a definitive approach to every decision on how to use a strategy and it is not the strategy itself that does the magic, the chance of either winning or losing 10x in a row is dependent on the player, like I said earlier I have little knowledge about this strategy and I am definitely not in the position to talk about it, I don’t use strategies and I prefer to have my game played not minding if I make loses or win.

I'd like to know if what type of gambling game they are successful and are they successful in long term or short term only?

Those are the things that are necessary for me to know, because I don't believe that one can be successful in games where there is a house edge using the martingale strategy, our only chance of winning here is when we are too lucky to hit a big multiplier, but other than that, all our effort will just end up a losing effort.
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
A lot of gamblers are using this and personally I have used these strategies for so long, to be realistic, no strategy is completely safe but to a great extent martingale strategy remains the safest strategy in casino games.

You cannot be serious.

The only challenge is that it could backfire in the long run but this is still under probability.

Sorry, this just doesn't make sense.

We wish everyone using the Martingale "strategy" the best of luck. You will need it.  Sad


Lol. I chuckled a bit with the safest strategy. I lost a lot more using martingale than placing random bets in dice. Well perhaps i don't have enough capital to keep me betting until i win, but still. A couple of losing roll will easily throw away any winnings that you may won with this same strategy. The likelihood of you getting rekt is more probable than going home with gains.
legendary
Activity: 3094
Merit: 1468
Since you do know have an understanding of how the strategy works, I suggest you keep mute. Why would you say you know it will not be effective in getting back what was lost, do you know anyone who has used it and it failed or must everyone gamble for fun like you do?

I suggest we all learn to respect other people’s opinion especially in gambling and the strategies they choose to use. A lot of gamblers are using this and personally I have used these strategies for so long, to be realistic, no strategy is completely safe but to a great extent martingale strategy remains the safest strategy in casino games. The only challenge is that it could backfire in the long run but this is still under probability.

I would like to know that how you were able to come to conclusion that martingale is safe and better amongst all the strategies that exist in gambling. No strategy is a money making key. Martingale is a risky strategy and a streak of certain losses back to back can eat up your balance. It doesn't matters how big is your bankroll but it would certainly eat a significant portion of your money.
copper member
Activity: 425
Merit: 58
A lot of gamblers are using this and personally I have used these strategies for so long, to be realistic, no strategy is completely safe but to a great extent martingale strategy remains the safest strategy in casino games.

You cannot be serious.

The only challenge is that it could backfire in the long run but this is still under probability.

Sorry, this just doesn't make sense.

We wish everyone using the Martingale "strategy" the best of luck. You will need it.  Sad
sr. member
Activity: 1078
Merit: 256
I do wish one day anyone discover a gambling strategy which truly make us win and changes all the gamblers fortunes.
These Martingale and parlay strategies do not work anymore and are just waste of time and money.
It's 100% impossible. I suggest you to search for "house edge" on Google. House edge guarantee that the gambling platform will be always profitable.
Mathematically, in every bet you made the chance of website is higher than you (It's normal). So, in long term, you cannot be a winner.
As I said, It's impossible to find a strategy which guarantees your win. But let's assume that this strategy has been found. What will happen? Every one will use it. Then all the gambling websites must stop or they must change their mathematical calculations which are done behind.
Search for "house edge". You will find out everything.
If winning strategy exists and most gamblers find it out the chances to see another casino house to open will be slim, for sure before the owner operates the site they've done doing their research and acknowledge the higher chances to succeed, the edges always favors the house without any luck you'll just be eaten alive inside the casino, statistically you'll find more and more business like this had open overtime.
legendary
Activity: 2338
Merit: 1124
I do not know the calculations but I do know that it will not help you to win or get back what you had lost. It is to gamble for fun than to earn money because we all know that we will end up losing, at least if we are having fun, that don't really matter.
Since you do know have an understanding of how the strategy works, I suggest you keep mute. Why would you say you know it will not be effective in getting back what was lost, do you know anyone who has used it and it failed or must everyone gamble for fun like you do?

I suggest we all learn to respect other people’s opinion especially in gambling and the strategies they choose to use. A lot of gamblers are using this and personally I have used these strategies for so long, to be realistic, no strategy is completely safe but to a great extent martingale strategy remains the safest strategy in casino games. The only challenge is that it could backfire in the long run but this is still under probability.
legendary
Activity: 2380
Merit: 5213
I do wish one day anyone discover a gambling strategy which truly make us win and changes all the gamblers fortunes.
These Martingale and parlay strategies do not work anymore and are just waste of time and money.
It's 100% impossible. I suggest you to search for "house edge" on Google. House edge guarantee that the gambling platform will be always profitable.
Mathematically, in every bet you made the chance of website is higher than you (It's normal). So, in long term, you cannot be a winner.
As I said, It's impossible to find a strategy which guarantees your win. But let's assume that this strategy has been found. What will happen? Every one will use it. Then all the gambling websites must stop or they must change their mathematical calculations which are done behind.
Search for "house edge". You will find out everything.
legendary
Activity: 2576
Merit: 1860
🙏🏼Padayon...🙏
I have seen this kind of strategy that has been discussed here many times already and many have tried to use this strategy already.

I have also used this kind of strategy too and the result is the same with most gamblers who used this kind of strategy too. Losses everywhere Cheesy.

I do wish one day anyone discover a gambling strategy which truly make us win and changes all the gamblers fortunes.

  • It cannot be possible. In gambling, some wins, others lose. This is exactly what gambling means and it cannot be changed, or else you will have to call it something else. Nobody wins if nobody losses. There will be no prize to win if there are no losses.
  • If everybody wins and makes a fortune, there will be no more gambling sites, clubs, houses, resorts, and so on. They will all declare bankruptcy. After all, they operate at the expense of the gamblers.
  • Gamblers will have to admit at some point that they are gambling not for the sake of fortune but for the sake of fun. Otherwise, they will remain bitter because of that wrong mindset.

Quote
These Martingale and parlay strategies do not work anymore and are just waste of time and money.

They do not work absolutely. Nevertheless, I think most, if not all, gamblers have used and will still use martingale.

full member
Activity: 1134
Merit: 105
I have seen this kind of strategy that has been discussed here many times already and many have tried to use this strategy already.

I have also used this kind of strategy too and the result is the same with most gamblers who used this kind of strategy too. Losses everywhere Cheesy.

I do wish one day anyone discover a gambling strategy which truly make us win and changes all the gamblers fortunes.
These Martingale and parlay strategies do not work anymore and are just waste of time and money.
sr. member
Activity: 1638
Merit: 300
If the winning chance is smaller then using martingale strategy then it won't increase your chance winning but your chance of earning profit may increase. If you play on a gambling site and you can set the winning percentage then it's clear that the winning percentage will never be increase.

Martingale strategy is not really aimed to give you winnings if you will be thinking about it. If you win, you will be getting back to the normal bets you had, which is smaller than the bet you are doing if you lose. This strategy is usually for those people who want to avoid losing in gambling that is the reason why if you want to win, don't use martingale since it will just eat your balance quickly than you expected.
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