How to Win using martingale system? - page 21.

Tanic

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Quote from: LovelyPrey on January 13, 2017, 11:05:47 AM

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 Cheesy

That's correct that for martingale system you need to have pretty high basis to gamble. I have tried this system couple of times and it was pretty profitable to me, but in the long run I have staid almost with the same money that I began with.

winspiral

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I do not believe in martingales...
As soon I will have enough time I will programme a Hi and Lo game or a fifty fifty system.
So people can test their own martingale and see with many tests if the martingale works.

The advantage is that it will be for free...so people only lose time to see if it works.

ABCbits

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In gambling, there's no sure way to win with any tricks but there are ways to win and lower the risks of lose with martingale :
1. Use lowest possible base bet, usually 1 satoshi
2. Deposit lots of bitcoin so you can keep bet even lose many times.
3. Choose casino with low house edge

Use another tricks such as Fibonacci could work as well Roll Eyes

SparkedDev

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The number one thing people should know about martingale it works until it don't and when it don't it can clean you out pretty fast.

stomachgrowls

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Quote from: BossMacko on January 14, 2017, 10:25:23 AM

Using martingale system in a long duration will make you bust so if you have a good martingale strategy then in order to win you just need to set a win limit and a lose limit. Setting up a win limit means if you won % of your bankroll then you should stop for the day or switch to another dice site because you will surely get lots of red streak. There are two settings for loss limit, one is when you are already betting high amount because of the red streak and you are using martingale then you can stop to prevent bankroll to get to 0 or you can restart to basebet when you reach high amount of bet that you set. These are the ways to win or to prevent losing all your bankroll

This is a good way and this is being used by some wise gamblers on dice which is using martingale method.They didnt prolonged the autobet mode and sometimes they are setting timelimits which they believe on securing being busted it may work for some it may not work for some it still depends on your luck on playing it.

BossMacko

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Using martingale system in a long duration will make you bust so if you have a good martingale strategy then in order to win you just need to set a win limit and a lose limit. Setting up a win limit means if you won % of your bankroll then you should stop for the day or switch to another dice site because you will surely get lots of red streak. There are two settings for loss limit, one is when you are already betting high amount because of the red streak and you are using martingale then you can stop to prevent bankroll to get to 0 or you can restart to basebet when you reach high amount of bet that you set. These are the ways to win or to prevent losing all your bankroll

dunfida

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Quote from: sulendra12 on January 14, 2017, 09:27:41 AM

Win = Know when to stop , that's a real win for me. If you have profit in your hand, withdraw it immediately and play again with the rest of funds but the greediness is a big problem for some peoples and back to the player how to handle it.

Agree,this behavior or mentality would really make you a winner on the end of the day when you are lucky enough to make money on martingale system.Theres no sureness on using martingale method on the long run and if you are greedy and decided to operate for longer hours then chances of being busted by house is high.

sulendra12

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Win = Know when to stop , that's a real win for me. If you have profit in your hand, withdraw it immediately and play again with the rest of funds but the greediness is a big problem for some peoples and back to the player how to handle it.

Granxis

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According to another definition, to be martingale according to xn series of y (n) series:
e[y(n+1)|x(1),x(2),...,x(n)]=y(n)
e[|y(n)|]
To give another example; Let's think we're having a fair gambling *. Then the money in your possession at time n + 1 depends entirely on the money in your time n.

Red-Apple

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in gambling you only win based on your luck and nothing else can change that. and strategies in my opinion however good, can not change this fact. although using a strategy is a lot better than not using any despite what many say.

and that is why i say martingale is good overall. because it helps you at least to stick to a plan and win for sure if you are lucky.

what i do is that i start from a small enough number that it helps me cover my ass in case of a long losing streak. it never works all the time but it improves the result a lot.

bitjoin

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Quote from: LovelyPrey on January 13, 2017, 11:05:47 AM

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 Cheesy

I tried various different martingale methods over the last year or so and end result is always broke pretty quick vs other methods. If you check the math its actually a faster way to lose your bankroll. Only way around it is if you can martingale something +ev like sports if you are a sports bet expert.

RhodaGila

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Martingale is a management theory of probability that allows future value of something certain similarities with the previous period by using the principle of multiplication.

In forex trading, Martingale strategy is a strategy to make a profit while closing total losses of previous transactions through the doubling of capital.

Therefore, when using the martingale strategy on future risks are always increased with increasing losses. Martingale strategy this rule is when you perform a transaction so (n) lot and the result is a loss, then the subsequent transactions using a lot two times that number (2n) .So next anyway. So when the last transaction profit, then its profits have been able to cover all losses from previous transactions.

Some say that this martingale strategy as the system 99: 1. This means that if we use this strategy then 99% of market conditions can make our profit. but if one day we meet conditions 1%, then our money will run out.

BitFinnese

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Quote from: ralle14 on January 13, 2017, 12:44:14 PM

Quote from: LovelyPrey on January 13, 2017, 11:05:47 AM

Share it here if you have something there Cheesy

Find a dice site that has the lowest house edge that should help to increase your chances of winning.

Quote from: LovelyPrey on January 13, 2017, 11:05:47 AM

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.

I agree that having big bankrolls is good but having small bankroll is okay too it's just that the profits are kinda small compared to having a big bankroll.

Doesn't matter if you have big or small bankroll if the player does not know when to stop. The one that justify martingale as a successful strategy is the way player call it a day. If the player does not know when to quit then it is already over. But if the person know when to stop, like quitting when winning, martingale is the best strategy for you.

Caladonian

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Quote from: carlfebz2 on January 14, 2017, 08:14:22 AM

Having a huge bank roll does really need when you are using martingale system so that you could able to withstand the long lossing streaks but still it depends on your settings on how much odds or multiplier you would set and if you are setting it according to your bankroll then you might withstand somehow on streaks but still theres no guarantee because house will really beat you down.

assuming you have that bankroll the thing is how long are you going to play and how much you wanted to have as a winnings? this are the issue's when using martingale we really doesn't know when to stop and being contented for sure house will take advantage with this factor allowing us to win for sometimes using the strategy then start to see more reds in the long run.

carlfebz2

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Having a huge bank roll does really need when you are using martingale system so that you could able to withstand the long lossing streaks but still it depends on your settings on how much odds or multiplier you would set and if you are setting it according to your bankroll then you might withstand somehow on streaks but still theres no guarantee because house will really beat you down.

torry28

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i do not think there is a way how to win using martingale system. We knew martingale system is always double your bet when you lose until you won. Assume you are started from 1 satoshi, when you have 9 streaks loses, you are going to risk 512 satoshis in 10th bets for only 1 satoshi profit. It would be better if you reset your bet when you hit long streak loses using martingale (Reset after 5 loses in a row)

SvenBomvolen

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Quote from: CroIsBest on January 13, 2017, 07:27:33 PM

Martinagle system is the biggest dumb system with which you have very small chance to win and big chance to loss because casinos are cheating and they are all probably unfair and they will always be like every poliicial.

I have same opinion about martingale system, its impossible to win with martingale on long run. I was thinking can martingale work with million dollars bankroll, and calculation is that there is no chance that martingale can work even with that amount.
Most of people are trying this system with small amounts, and they just keep losing all they have. I tried it also, with some funny amounts but I'm already convinced that this system sucks.

CroIsBest

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Martinagle system is the biggest dumb system with which you have very small chance to win and big chance to loss because casinos are cheating and they are all probably unfair and they will always be like every poliicial.

xuan87

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Most of the gambler already knew that martingale is not working no matter how you set your strategy, the most important in martingale is to know when to stop, in the long run you will lose no matter how many coin you got, ans playing short term also not a guarantee that you can win, so i suggest you to find another strategy to gamble

CroIsBest

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Martinagle system is the stupidest way to gamble because then you can only lose because on slots you have only 10% chance to win that is country law in most countries in law and poker when you play you must sit in one table and then double money and leave and change table I know somebody from police who is checking casinos and this info is trusted.

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