So when you won that 77,175.1936 bet you won 0.1472 overall
The problem with the strategy of doubling after every loss is that it's possible to either run out of money or hit the bet limit of the casino. That's a lot on the line for a 0.1472 win.
That's exactly it. This is why you shall be careful with announcements of winning big. Basically, martingale means that you will play longer; that's all. Wikipedia tells us that the martingale theory (first invented by a French mathematician) was popularised by a casino owner who wanted people to stay longer in his casino (and so spend more on drinks and such). Martingale won't make you win more on an average, it will just extend the game - and if you extend it too much, you will lose, because the house always win, thus the sayng "martinfail".
Still, if you can leave before hitting the two barriers you mentionned, you can make a profit. I did, I earnt around 70 HYP in 4 hours
Speaking of casino, here's how investment (the other part of the game) works on LuckyAlt (the last paragraphe is pasted straight from just-dice - which is fine, just funny)
https://luckyalt.uservoice.com/knowledgebase/articles/474165-how-does-investing-workWhen you invest you are helping fulfill the bankroll of the site.
Based on the % of bankroll that you fulfill you will be paid on all site earnings.
Your cut of the site earning is 90%.
Which means you will split 90% of all earnings between all the investors and yourself.
The amount you receive out of that 90% is based on the % of bankroll that you are fulfilling.
The more you invest the higher your % of the bankroll that you fill.
Although we have a 2% house edge, and in the long run will earn a profit of 2% of the wagered amount, in the short to medium term we can still lose money. In times when we are lucky, we win many bets and earn a larger-than-expected profit, and in unlucky times we earn less than expected, and can even lose out. This is especially so if someone comes in and makes a large number of massive bets; we can either gain a lot or lose a lot. If you believe that the potential gains do not outweigh the potential losses, please do not invest.