Is Betting Double After Losing is Really a Good Decision? - page 10.

South Park

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Quote from: Ryker1 on March 28, 2020, 11:00:57 AM

Well, most of them are against martingale strategy but perhaps for me, it will depend on how lucky you are. Gambling through dice or even in roulette are base on your luck, --I have never tried this strategy because I know it will require for you to have a huge number of a fund to recover your losses every time you doubled your bet. Indeed, it is always good for you if you will always set a limit that you can afford to lose.
You can try it once because they say that it is the fastest way to earn a profit or something reverse the fastest way to empty your bankroll.

But that is the issue you cannot really control your luck and you will never have that ability so if eventually the results you are getting go against you not only you are going to lose all your profits with that strategy you are also going to be very tempted to try to double your bet right there to try to recover it and you will go through your capital at an amazing speed, this is why I never recommend martingale or any other strategy that is similar because in the heat of the moment you are bound to take decisions you would not normally do and suffer huge consequences because of it.

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Quote from: Casdinyard on March 28, 2020, 07:54:17 AM

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.

It is confirmed and proven that it will not work, it looks like a good strategy but it's really not, you will end up losing all your funds, the only people capable of beating the martingale are those without bug funds because they have the funds to chase their losses until they get back their losses and win, if you are not a high roller don't ever think about it.

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Quote from: skarais on March 31, 2020, 10:46:20 AM

I just think that this strategy still has a 50:50 chance of winning, so still if we are too excited and cant control our emotions, as much as anything capital we have, it will disappear and we will come out empty-handed. Believe me, there is no strategy that always runs smoothly as we wish. I have tried it.

That's sure when you see that you go from 1 to ~16000 just on 15 bets..

In 50:50 chance, martingale in not offering huge profit to risk using it. The profit is just equal to the initial bet..
So in this how, you can just re-bet the same amount until you have recovered the lost bet

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Quote from: Casdinyard on March 28, 2020, 07:54:17 AM

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.

Surely I think this not a great method to use all the time but for sure this is a great for some of the situation in my opinion, It might still depend in luck as we know so for sure this method is not going to work, but might be useful if you lose one time and you could easily recover the lose if you could win in the next round but still not just so simple since you might not win in the second bet at all.

For sure in the end their is no method that would really would accurately at a betting game still it would just depend in your luck.

plvbob0070

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Quote from: Lakai01 on March 30, 2020, 05:58:23 AM

Quote from: plvbob0070 on March 30, 2020, 05:42:24 AM

You can't stick to a single strategy every time you are gambling, because there is no assurance that it will always work. For me, there is no permanent strategy in gambling. You can try doing it if you want, but only for the short term. You will end up losing everything. I think it's still on your luck.

Of course there is no strategy that works in the long run, otherwise casinos would be bankrupt immediately. This is exactly why there is the so-called "House Edge". Casinos simply have a few percent higher chance of winning (that's why there is also the green 0 in roulette, for example). The "house edge" is usually very small, for example 1%. But that is enough to make a profit statistically over a longer period of time.

That is why we cannot really say that using a martingale strategy is always a good decision. It's not advisable for a long time gambling.

Quote from: Mumbeeptind1963 on March 30, 2020, 10:50:56 AM

Quote from: plvbob0070 on March 30, 2020, 05:42:24 AM

I'm not sure if your question still makes sense because you've answered it already based on your experience. There's no strategy that would work in gambling for a long time because if there is one, everyone should be using that same strategy. If martingale worked before, it does not mean that it will work every time for everyone.

You can't stick to a single strategy every time you are gambling, because there is no assurance that it will always work. For me, there is no permanent strategy in gambling. You can try doing it if you want, but only for the short term. You will end up losing everything. I think it's still on your luck.

I suggest that, it is better to have a secondary strategy, also doubled the betting amount is not practical for me, because in gambling there is no assurance that you will be winning all of the odds or there is no certainty on it, so do not put all your egg in one basket. Making a double bet because of losing is not recommended and not good, it can only frustrates you when you lose again and make you addictive to win as well.

Indeed. We cannot just go with only one strategy in mind. There should be plan a, b, c, d, and more. Not every time our strategy will always work. If you double your bet, then it ends up losing, it will just make you more eager to win that back. It can make you lose your money. There's no definite explanation that martingale really works for everyone so it's not practical. Choosing that strategy is also another risk.

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Quote from: Clark05 on March 31, 2020, 05:12:35 AM

I also do that when I lose in one bet I double my bet and sometimes it is works but mostly I lose if I do that but maybe for the others player it is good startegy. This startegy is very common and many people use that even in the tradtional gambling they also do that.
But be careful of how much amount of your money you bet because it is very danger and if you bet a huge amount of money you need to control yourself .

More betting strategy after a loss, it is often used by many people but talking about the effectiveness level is probably like you said, the success rate is only a few percent while most of us will lose more money, a long-term consequence will be to form us a habit, we can place a double bet once, it will have a second more and more times, loss is a number that is hard to predict with this strategy. So control should be exercised more in this situation, casinos have set parameters, we jump into what they create, we will die in their hands.

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Quote from: Naida_BR on March 31, 2020, 08:54:49 AM

~~~

Actually, I often do this strategy when I play dice. Every time I lose the first bet I will double it on the second bet and if I still lose then I will double it on the third bet. But of course this strategy will require a lot of capital and courage from the players.

I just think that this strategy still has a 50:50 chance of winning, so still if we are too excited and cant control our emotions, as much as anything capital we have, it will disappear and we will come out empty-handed. Believe me, there is no strategy that always runs smoothly as we wish. I have tried it.

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Quote from: Casdinyard on March 28, 2020, 07:54:17 AM

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.

You got infinite bankroll? Yes: Definitely. No: Nope.

You should betting less when losing. Preserve as much of your br as possible cos without it, you can't play. Lawl.

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Quote from: Casdinyard on March 28, 2020, 07:54:17 AM

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.

Unfortunately, but doubling the amount you bet after each failure is a very risky way to reduce your risk.
There have been many experiments on this subject and from what I remember there were situations in which there was a series of more than thirty hits of the same color in roulette. Even starting with a symbolic amount, to secure such an unlucky series financially, you need to have incredible assets.

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Quote from: virasog on March 28, 2020, 12:21:08 PM

Quote from: Casdinyard on March 28, 2020, 07:54:17 AM

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.

The problem with this strategy is that if you keep on losing and every time you double your bet money, it will make your lose even more. And if you have limited budget, you will soon end up with shortage of funds for this investing double every time. This may work sometimes but one day it will make you lose all your money.

This martingale strategy can be applicable to those small games or low betting games but yes it is good to double your bet to regain the loss but it is not that easy unless you are really lucky because once you lose again you just add up another loss to your losses which is not a good idea especially if you don't have enough budget or money. I am not against in the martingale strategy but I won't do this strategy if i am in the midst of losing because there's a high or more chances of losing than winning for me. Also, when you gamble think first a good strategy, analyze the game and know your money limits for less regrets of losing all your money because this game you are playing (roulette and dice) are based on luck and you can't do anything about it, again unless you are lucky.

Hoping that you will find the right answer to your question and apply it to yourself,remember good decision making is very important in all aspects in life.

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Quote from: imstillthebest on March 31, 2020, 12:49:43 AM

no one knows the outcome of the game .

you can win or loose depending on your luck . just trust your senses , if you think you will loose after a loose then stop and dont ever bet or double your bets while if you feel the opposite vibe then why not ? go for it .

Everyone knows the eventual outcome (lose). If you play til infinity, you will certainly lose,,, and everyone in gambling history has not managed to play til infinity before the losing outcome arrived;) Do NOT trust your sense. Trust your mathematics.

Naida_BR

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It is a good strategy to double your bet after losing one.
The oy parameter you have to think of is that you need a lot of capital in order to endure your losses.
Otherwise you will end up being out of money from the many doubles.

greylandm

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I guess it mostly depends on a specific 'game' you're in. At some gambling projects, unfair algorithms don't allow you to win quite many times in a row so doubling after every bet usually leads you to a total loss there. Not sure about the general usability of such a strategy.

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Quote from: Casdinyard on March 28, 2020, 07:54:17 AM

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.

Practically, no, IMO. Literally you're exposing yourself into a riskier situation making your money/fund way too faster. Well, if you will be that fortunate to win after betting double then we could say that you are in a good situation, the thing it ain't always happening. I have no idea if there were such strategy out there existing but if we will look at it as a common gambler such strategy isn't a good practice. Double betting after winning, and would follow up after a consecutive winnings is a must or is the most recommended idea to do rather than doubling it after loses. Be careful, your money might runs out before you notice, buddy.

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As already mentioned above, it all depends on the startup strategy you have chosen, which in turn directly depends on the size of your deposit.
If you assume that your capital is infinite, then each time doubling in loss, you will, sooner or later, recoup and exit plus.
It is worth remembering that the lower the probability of winning, the worse this strategy will work.

Clark05

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I also do that when I lose in one bet I double my bet and sometimes it is works but mostly I lose if I do that but maybe for the others player it is good startegy. This startegy is very common and many people use that even in the tradtional gambling they also do that.
But be careful of how much amount of your money you bet because it is very danger and if you bet a huge amount of money you need to control yourself .

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Quote from: Casdinyard on March 28, 2020, 07:54:17 AM

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

Sorry but i never tried using martingale though i have been reading many about this strategy,and sadly most of them don't really believe in this one and so as me,i don't believe in doubling our bets after losing one because this will categorize in chasing losses and this is not a good signal of betting in gambling.

Quote from: Casdinyard on March 28, 2020, 07:54:17 AM

Would that make a huge impact to your funds?

of course imagine you are betting more than what you lose?thats insane for me lol

Quote from: Casdinyard on March 28, 2020, 07:54:17 AM

I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.

yups and better stay that way,dont push having the win because everything is according on your luck so even how big you double it but you are not lucky then surely nothing will favor.

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Quote from: Swordsoffreedom on March 31, 2020, 03:11:22 AM

Gambling is totally dependent on luck and experience. If you are a real gambler, you obviously bet again after lose. You know that gambling depends on luck, you can win on second time. so, I think betting double after losing is not a bad decision, if your destiny is with you then you will win.

Trying to betting double is good, but we don't have to always try to betting double because we need to know the timing to place betting double. Sometimes, we forget about that, and we only use that way, and in the end, we lose all of the money. I guess that betting as usual without trying to do double will be enough for me because I don't use gambling as searching for the money.

Russlenat

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Quote from: Swordsoffreedom on March 31, 2020, 03:11:22 AM

Gambling is totally dependent on luck and experience.

Totally.. no, it also depends on your skills, your experience your earn is useless if you will not learn something to improve your skills in gambling.
Luck does not need an experience as they say luck beats talent and even experience, but it would not give you consistency.

Quote from: Swordsoffreedom on March 31, 2020, 03:11:22 AM

If you are a real gambler, you obviously bet again after lose.

Definitely because you want to win back your loses and be profitable, you are not gambling just to lose, you also try to win.

Quote from: Swordsoffreedom on March 31, 2020, 03:11:22 AM

You know that gambling depends on luck, you can win on second time. so, I think betting double after losing is not a bad decision, if your destiny is with you then you will win.

I think you just have to set some limit and follow your game plan all the time, no emotions involve just a pure planning that you need to properly execute.

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Quote from: Asuspawer09 on March 31, 2020, 02:12:40 AM

Quote from: Casdinyard on March 28, 2020, 07:54:17 AM

In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.

Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.

For me, it's not a good move to do for gamblers since that is where the bad luck might start, Surely if you are going to double your bet when you are losing you are going to need big funds for that and in the end, you might end up losing all your money when you start this kind of method and continue to double your bet, imagine if you lose 5 times in a row and you double to double your bet.

Surely this is not a great method but still, the betting game just all depended on the luck of the player so for sure the whole game was still just luck so this is also not a bad method to do here in gambling.

Gambling is totally dependent on luck and experience. If you are a real gambler, you obviously bet again after lose. You know that gambling depends on luck, you can win on second time. so, I think betting double after losing is not a bad decision, if your destiny is with you then you will win.

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