Increase on lose by 1100x, are you joking? What multiplier you are hunting for by this strategy? You must be hunting for the lowest multiplier, as it wont be suitable if you hunt for big multiplier. Starting with 10 sat and looking for lowest multiplier but requiring a lot of balance, it does not make senses for me. Why should you risk that much money for just small profit?
1100x doesn't make sense, I agree. It would be nice if people were reading what they wrote before posting, or at least were reading the replies and reacting somehow.
I believe he meant classic martingale and meant to write "increasing by 100% on loss", because he said that the chances having a loss with that strategy were very small. Anyway, even with 0.1 BTC on your balance and with just 1 satoshi as initial bet, you will lose all your balance hitting 23 reds in a row. Just think of it. We are talking about losing 10,000,000 sats at once, while earning around 3,000 per hour. Is it really worth trying?