i know most of us knew about martingale and we do use that in order to gain profits but we also aware that this same system is not safe in a long term period as we will be caught out of the blue and our winning streak will start to change up, do you have any settings of strategy to make it much worthy to use?
So for me, I believe in order to make a martingle system work you need to have a huge starting bankroll. It will not work if you have a small bankroll because once it hit a loss it will eventually loose all your winnings and your starting money.
Share it here if you have something there
It doesn't matter if you have a big or a small bankroll to use martingale, you can just adjust your betting amount
suited to your bankroll may it be big or small. but if you want to make the best use of martingale strategy use it
only for a
short time what I mean about this is use martingale for as short as possible until you have a profit
if you failed to earn a profit then stop. but if you ask me personally avoid martingale strategy as long as possible.
you know what they(gambling owners) call martingale strategy? donation strategy!
Our aim is to win in the long run and we need consistency to be able to do that, martingale can help us if we will make it with a game that no house edge is involve. It is true that we lose in the long run and the house always wins but that reality can be bypass, we have to be smart enough to develop our skills and choose only a game where we think it can deliver us profit.
Poker is a good example of that game, I believe there are quite few gamblers who made fortune with that type of gambling.[b/]
So does in dice games, roulette, slot, scrap, blackjack etc...
and as you said
few gamblers, can't imagine how many gamblers lost in poker!
My point is, don't use martingale ever time you play or if you use martingale, use it for short time only(30min-1hr etc..)
and if you failed to win some profit then use another strategy. don't aim to win in the long run aim to win every time you gamble.
if you believe that a strategy is bad, then it doesn't matter if you play with that strategy for one minute or half an hour! you can lose with it in the first minute.
and also
if the strategy works for (30min-1hr etc..) then it should work for 10 hours too. since the time is not a factor in the results of betting specially when it comes to a provably fair dice game.
martingale is bad mostly because the bankroll of the players can not handle the amount of loss when a big losing streak hits. but if the bankroll problem is fixed then it can be useful.Tell that to the gamblers who won for the first few hours and then lost in the end! also, time is a huge factor if you want to gain profit and it also helps you lessen the chance of losing your bankroll.
You're making me laugh! How can you fix a bankroll? increasing the amount of the bankroll? you're just increasing the amount you're going to lose!
all you have to do is adjust the amount of your bet suited to your bankroll for you to use martingale even if you don't have a huge amount of bankroll.
I agree that time is important factor, the more you play more likely you are going to lose. But when you use martingale there are no guaranties that your game will last more than 15 seconds.
all you have to do is adjust the amount of your bet suited to your bankroll for you to use martingale even if you don't have a huge amount of bankroll.
For example? If i have 0.1btc, and i set base bet to 1 satoshi, i can miss 23 times in row, If i set base bet 10 sat i can miss 19 times etc, i don't see how you can adjust martingale.
EDIT* Is it worth to risk 0.1btc for 1 satoshi? NO.