Is Betting Double After Losing is Really a Good Decision? - page 11.

Asuspawer09

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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.

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.

Taskford

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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 .

doubling bets is risky , thrilling and verry rewarding whenever you hit the green .

you can instantly recover what you loose . i played it when im on full guts or when i have a good balance but if not then nope .

It's mind choking decision since you can lose or either win but if you cannot take to lose more much better we shouldn't do this thing since its not a best choice for a low cap gamblers, best to rest and better luck next time but if you can afford to take whatever it takes then its all to the gamblers decision for doing this kind of more risky act.

imstillthebest

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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 .

doubling bets is risky , thrilling and verry rewarding whenever you hit the green .

you can instantly recover what you loose . i played it when im on full guts or when i have a good balance but if not then nope .

Sanitough

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Quote from: carlfebz2 on March 30, 2020, 06:23:38 PM

As long you do have money in your pocket then its really hard for you to stop and for sure you would mind on betting more since you have on your mind on how to chase up your losses.

That is true in most cases, but we can use this scenario to practice on how to control ourselves and to just let go and stop when we are losing.
In most cases, we only chase because we really can't afford to lose our money, because if not, we call it a day and do other things.

Quote from: carlfebz2 on March 30, 2020, 06:23:38 PM

Doubling might give the chance of breaking even or profit but same as you said the possible losses would be more worst as long it would pile up this is why i dont make use of martingale
most of the time unless if ive been using dogecoin but for btc? i dont do such thing because if i do target out for making profits then 2x multiplier on 50% chance is already enough for me.

Whatever coins you are betting, irresponsible use of martingale method would not always deliver good result, I know everyone has experience that if you have been actively gambling, especially in the early days.

carlfebz2

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Quote from: Hypnosis00 on March 30, 2020, 05:45:32 PM

Quote from: matchi2011 on March 30, 2020, 03:20:40 PM

Quote from: alexsandria on March 30, 2020, 02:00:31 PM

It is somehow bad nor good decisions but it always depends on the situation that you will be able to do just like for example it is bad if you lose because it may brings you a lot of loses so it would be better if you will just bet on the same betting and if you got hotter then it will be the perfect time to double your bets.

Dealing with this kind of attitude is really tough, risky gamblers are willing to take it and try if lucks will permits them.
The problem with this kind of strategy is when you already out of fund to sustained the need of your bets.
It's up to your balance and your willingness to push your luck.

It is really a tough decision even though you have a lot of funds backing you up. Martingale strategy will just only cost you to either double your losses if you don't have luck and beating you badly. May desperate people would try to have their chances by using this one sometimes it works but mostly they suffered losses. That is why this is not really a good idea and I don't want to use this one either.

As long you do have money in your pocket then its really hard for you to stop and for sure you would mind on betting more since you have on your mind on how to chase up your losses.
Doubling might give the chance of breaking even or profit but same as you said the possible losses would be more worst as long it would pile up this is why i dont make use of martingale
most of the time unless if ive been using dogecoin but for btc? i dont do such thing because if i do target out for making profits then 2x multiplier on 50% chance is already enough for me.

harizen

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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.

Martingale is not actually a literal strategy we can call on but it's more of a betting type. A strategy is meant to defeat the house. Without even giving a further explanation, we all know here how this martingale type of betting done.

Is this effective? There are lots of factors why this type of betting will not be effective in the long-run and that's it the house-edge of a site. There is no way this type of betting method will defeat the house in the long-run. Meaning there is a chance that a person can lose 10x or more in a row.

Is martingale will have a huge impact on anyone's funds? Yes, there is but unfortunately, the impact is continuously losing.

So why this strategy is recommended by others? Because not all the time you will have a bad session. Let's say you started your session and you think you already get the advantage of using that method then get out immediately and call it the day. There is no sense to continue your session on that day even if you feel lucky.

ralle14

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Quote from: Tipstar on March 30, 2020, 01:19:00 PM

Not a good one as your bet would keep on doubling and soon would hit your bankroll. A better strategy would be to gradually increase your bet on loss and gradually decrease on win. This way you'd proof your strategy from a long loss streak but it would be prone to a set of loses followed by a single win in between for quite a time.

Gradually decrease on win would eventually kill your bankroll as well. I think stopping on a win or reset to the base bet would be the better option for a strategy that only needs one winning bet to profit.

Quote from: White Christmas on March 30, 2020, 01:54:00 PM

Yes maybe it is a good strategy. Remember on the past round you have been lose so meaning there are a chance that on the next round if you double your bet you have the chance to win high so it is more great than the others. And also you will be able to recover your loss on the past rounds, but if you are unlucky then probably it is hard because it may triple your loss when you do this thing.

Looking back at the past result doesn't help you predict the next outcome. Sometimes it happens when you lose on the first bet you go win on the next but it's not always like that and it doesn't increase your chances of winning either.

Hypnosis00

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Quote from: matchi2011 on March 30, 2020, 03:20:40 PM

Quote from: alexsandria on March 30, 2020, 02:00:31 PM

It is somehow bad nor good decisions but it always depends on the situation that you will be able to do just like for example it is bad if you lose because it may brings you a lot of loses so it would be better if you will just bet on the same betting and if you got hotter then it will be the perfect time to double your bets.

Dealing with this kind of attitude is really tough, risky gamblers are willing to take it and try if lucks will permits them.
The problem with this kind of strategy is when you already out of fund to sustained the need of your bets.
It's up to your balance and your willingness to push your luck.

It is really a tough decision even though you have a lot of funds backing you up. Martingale strategy will just only cost you to either double your losses if you don't have luck and beating you badly. May desperate people would try to have their chances by using this one sometimes it works but mostly they suffered losses. That is why this is not really a good idea and I don't want to use this one either.

matchi2011

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Quote from: alexsandria on March 30, 2020, 02:00:31 PM

It is somehow bad nor good decisions but it always depends on the situation that you will be able to do just like for example it is bad if you lose because it may brings you a lot of loses so it would be better if you will just bet on the same betting and if you got hotter then it will be the perfect time to double your bets.

Dealing with this kind of attitude is really tough, risky gamblers are willing to take it and try if lucks will permits them.
The problem with this kind of strategy is when you already out of fund to sustained the need of your bets.
It's up to your balance and your willingness to push your luck.

Genemind

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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.

As for me, it's a good strategy yet it has a bigger risk of losing your funds at the same time. There's no guarantee that you will win higher when you double your bets after losing. Everything revolves around your luck in gambling so there's no specific strategy that could give you an assurance of gaining something after when you bet higher. If you're brave enough to take the risk, be sure that you'll afford to lose the funds that you will be betting.

alexsandria

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It is somehow bad nor good decisions but it always depends on the situation that you will be able to do just like for example it is bad if you lose because it may brings you a lot of loses so it would be better if you will just bet on the same betting and if you got hotter then it will be the perfect time to double your bets.

White Christmas

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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.

Yes maybe it is a good strategy. Remember on the past round you have been lose so meaning there are a chance that on the next round if you double your bet you have the chance to win high so it is more great than the others. And also you will be able to recover your loss on the past rounds, but if you are unlucky then probably it is hard because it may triple your loss when you do this thing.

joeperry

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In my experience I'm doing that when I manually rolling the dice there are times that I double my bet after a win and win a roll and it hyped me and sometimes when I win a decent amount I double it to see if I'm lucky.

There are some times that it sweeps my gaming fund so I think it is not a good decision since there's still a chance of losing even though your chance of winning is high and sometimes it will come when you don't want it to come.

Tipstar

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Not a good one as your bet would keep on doubling and soon would hit your bankroll. A better strategy would be to gradually increase your bet on loss and gradually decrease on win. This way you'd proof your strategy from a long loss streak but it would be prone to a set of loses followed by a single win in between for quite a time.

crwth

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This is a repeating discussion, just rephrased. Like everything else, it's good to know the risk before coming into the game itself. If you know what you are risking for, then you know how much you could lose. If you agree on yourself, if you are willing to lose that total amount of capital that you have, then might as well use that strategy. If not, just don't do it. Read everything about Martingale Strategy.

Mumbeeptind1963

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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.

RapTarX

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It requires huge sum of money because there's no guarantee that you will win after some loss. If you win 10 times at a row, imagine how much you are going to lose. I have tried this method but can't say it was very effective method, however, it will only work if you have a big bag of fund in your account. Otherwise, you won't have enough to continue your bet.
It's better if you don't follow this strategy if you are playing with a limited fund.

sunsilk

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Quote from: joshy23 on March 29, 2020, 05:06:49 AM

Quote from: sunsilk on March 29, 2020, 03:14:57 AM

I saw many stories that have been shared about this strategy and most of them said that it's not lasting long. Meaning, that this isn't a good strategy after all but if you are winning during the time upon using it.

Your call and choice to continue but don't be surprised if you get to lose after all of those winning streak. If this has been so effective, many stories will be shared here that they've became rich because of this strategy.

It's a simple martingale strategy that most of the time will lead you to lose your money. Keep doubling will not guarantee that the next results will favor you it will only add more risk from your bankroll.
Be responsible and try playing without any emotions and that adds positivity and not to allow you being aggressive.

Someone who has a large pool of his bankroll can do this and before doing that, he has to make sure that he's aware of the consequence if ever his plan of doing this strategy didn't work for him.

A lot of testimonials were said that this isn't ideal for everybody and that's what the majority said. Might work for some but I barely see people saying that and if not barely, it is rare to see them talk about this strategy.

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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.

It is definitely a high risk, especially that it won't you give any guarantee of the outcomes and you can't expect that you'll always win. In that strategy, there's a possibility that you'll recover your losses, but you don't know the possibilities and there's a chance that you'll just end up regretting your choices. It's great that it works, but gambling doesn't work that way. It's the reason why people keeps on improving their strategies because they are aware that it won't always perform well.

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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.

My very first 100k satoshis were won this way. I claimed faucet on a dice site, which was around 1k sats at the time, went all-in on 50% win chance, and then was repeating the process until I reached 100k sats, the minimum withdrawal amount.

But, of course, it was pure luck. There are no winning strategies for games like roulette and dice. That's not to say that we shouldn't play with various strategies, martingale and reverse martingale included. If it's fun, why not? Just make sure you are not risking more money than you can afford to lose.

Topic: Is Betting Double After Losing is Really a Good Decision? - page 11. (Read 2429 times)