I'm also a little doubt that even if the odds are 50%, we won't necessarily win in the next round, so it's not certain to win, I've already applied it and I lost, I'll try it on casino real.
but if online gambling I doubt it, because the system might not be fair.
Or you need lot capital to recover if you have more than 5x lose.
Topic: Is Betting Double After Losing is Really a Good Decision? - page 13. (Read 2429 times)
As probably someone else already said, no.
Casinos are not stupid and to prevent this abuse they use a cap.
To make a profit with the cap you need to start to point a very low amount and play a very big number of games.
What happens? You will play milions of games and in the end, you will have a 10-12 bet bad streak and you will hit the cap of the bet and you will lose everything.
Casinos are not stupid and to prevent this abuse they use a cap.
To make a profit with the cap you need to start to point a very low amount and play a very big number of games.
What happens? You will play milions of games and in the end, you will have a 10-12 bet bad streak and you will hit the cap of the bet and you will lose everything.
Betting double doesn't guarantee you will win. In theory you can flip a coin 10 times and bet on the wrong side every time. So even with a 50/50 chance there is no such thing as a safe bet. And there is always a house edge that will get to you sooner or later.
This is where an effect comes into play, which is also known as "gamblers fallacy". This describes the fact that a player assumes that a random event is more likely if it has not happened for a long time.
E.g. as a player one assumes that after 5 blacks there must simply be red because the probability of 6 reds is very low. However, chance has no memory, it is equally likely that red or black is drawn in every game round.
This is also the reason why Martingale sounds so tempting at first glance. It is assumed that an event (for example, 6 times in a row in black) simply cannot occur because "at some point red must come and black has been drawn so often". In fact, both red and black have a 50:50 chance on move 7.
You have mentioned roulette and dice those gambling games are purely based on luck, So betting higher or double than your first bet is very risky or should I say every bet on those games are risky no matter what is the amount of bet. I don't discourage you on dice but it is the truth it depends on your luck everytime.
I think it would lead to huge loses because in every gambling site there are different algorithm's being used and unique random modules implemented. So it would be a self destruction if you try the martingale strategy to a site which you dont even know the sequence or studied the pattern when to double your bets it could be a loss. Better first to find a pattern or tutorials before placing big bets.
Actually there is no techniques when betting double, triple after losing or winning the game because there is no theory that says about that, it will all depends to the gambling. That techniques will be applicable if you are playing on a game that requires skills and knowledge, if you can see how the process can be done, if you can see that you may win the game, but that is not quite possible because gambling will not exists if we can see that we will win the game.
No. But that doesn't mean you can use it. To be perfectly honest, the only good decision in gambling is not to play or participate in gambling sessions. I like using the martingale strategy cause it makes my brain believe that there's logic in what I'm doing when in all honesty, it's all just based on luck. Though that belief often gets crushed after losing twice or thrice my original bet. It's quite logical if you think of it, but in its purest sense, luck isn't something that was supposed to be logical, it was supposed to be filled with illogical stuff and the like. Though experience is a factor, it's more like the gut and something like that.
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 very popular among gamblers any gamblers can play it, but beating the house using a martingale is not that easy, you need to have a huge fund if you are going to chase your losses, I've sometimes used it and always find out that I am one or two rolls away to regain my losses problem is I cannot keep up because I don't have large funds to use for chasing. 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 strategy huh 
. Its a no no for me 
I did this already but I used a small amount only just for experimental purposes. In the start, it is working good but bad luck has struck me. After winning consecutive times, I also experienced losing consecutive times too until all of my money has gone. There are no strategies for me in gambling unless you are in a poker games where you know when you can fold or call and that is a strategy I think but using a strategy like this and just expecting that luck will go to your side, I don't think so.
Now regarding to your question, doubling your bet after losing doesn't change your chances of winning but your lose may increase so this is a bad decision
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. Its a no no for me I did this already but I used a small amount only just for experimental purposes. In the start, it is working good but bad luck has struck me. After winning consecutive times, I also experienced losing consecutive times too until all of my money has gone. There are no strategies for me in gambling unless you are in a poker games where you know when you can fold or call and that is a strategy I think
but using a strategy like this and just expecting that luck will go to your side, I don't think so. Now regarding to your question, doubling your bet after losing doesn't change your chances of winning but your lose may increase so this is a bad decision
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TBH, this is the strategy that I was very interested in when I was still a newbie, but when I matured, after I experience a lot of loses, I realize that this will only makes us lose more since if we lose control, it could kill our bankroll.
I am not using this method anymore, not even in dice as this will only shorten our time when enjoying in gambling.
I call this the strategy of the greedy gamblers.
I am not using this method anymore, not even in dice as this will only shorten our time when enjoying in gambling.
I call this the strategy of the greedy gamblers.
Betting double doesn't guarantee you will win. In theory you can flip a coin 10 times and bet on the wrong side every time. So even with a 50/50 chance there is no such thing as a safe bet. And there is always a house edge that will get to you sooner or later.
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.
Experience must be there in that strategy where we lose it will increase the bet to double because they want to see victory back in that but for me doing that is very high risk of losing it in the double bet.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.
But I would not do such a thing for me to do a double bet would only be an emotion for us when we experience defeat I am sure the strategy is still good to be used at once.
Many gamblers have used different strategies but never found any gamblers that proudly say that he/she won by using such strategy. The answer will be NO it's not a good decision even if it is a strategy that you have used tried that many times and always back to 0 balance as what I experienced.
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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 definitely does either positively (when you win) or negatively (when you lose). Leveraging on the strategy of doubling you're bet is quite profitable only when you're capable of winning the placed bet. In cases where you lose, you lose double of what you would had initially lost which might affect your gambling budget as a result tempting you to dig into other funds that was not intended for gambling just to try win back you lost fund and if care isn't taken, it'll cost you all available funds.
I won't advice you double your bet especially if you just lost your previous bet, you might think you're doing the right thing but that's just your emotions making you act foolishly since there's no guarantee you'll win the bet you just placed.
It's good if you know your timing, but if you are just doubling your bet because you want to win back your loses every time, that's a bad idea and in overall martingale strategy is really not working especially on games with house edge.
In sports betting, I sometimes double my bet when I lose in my first bet, but I feel it does not help me because its very frustrating when you lose your bet, and you might lose your control also and will forget to strictly follow the bankroll management.
For me, fix percentage of the total bankroll is still advisable.
In sports betting, I sometimes double my bet when I lose in my first bet, but I feel it does not help me because its very frustrating when you lose your bet, and you might lose your control also and will forget to strictly follow the bankroll management.
For me, fix percentage of the total bankroll is still advisable.
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.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.
Be responsible and try playing without any emotions and that adds positivity and not to allow you being aggressive.
Do not be greedy if you already win and then double your bet or vice versa, still we have to do a good strategy in playing dice bets can be changed a little I think it's not a long problem also in returning from defeat it's important you don't lose all the money because it's risky if you are not lucky.
I won't double the bet when I lose because it's a big risk for me but I will change the bet a bit maybe winning a little is not a problem as long as my funds go back to play the dice and get a profit.
Must control your emotions in playing gambling dice.
I won't double the bet when I lose because it's a big risk for me but I will change the bet a bit maybe winning a little is not a problem as long as my funds go back to play the dice and get a profit.
Must control your emotions in playing gambling dice.
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important you don't lose all the money because it's risky if you are not lucky.
Simply put, it's all about luck, right? If that is the case, it means it is not really a strategy... rather the users/players are depending on luck (or probability). If the strategy really works for some here, guess they can prove it to us on fool-proof betting platforms. I guess that will settle the "debate" once and for all
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.
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.
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's a really bad decision, and it will indeed have a huge impact on one's funds, just not the good kind of impact. The problem with martingale is that common sense seems to say it's a smart strategy, but the probability theory is not exactly common-sense, so one ends up losing. What makes it especially dangerous is how fast the bet amount becomes huge, and each time after a loss a person basically chooses to lose way more in a mere hope of winning at some point. Doubling the win bets is not great because if you one this bet, it doesn't mean you won't lose the next one. Stay away from martingale or experiment with an extremely small amount of money.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 too risky and should not be tolerated in gambling because in just a snap of a finger, you can probably lose another amount of money and it is doubled. Always remember that the percentage of gambling never exceed about 50% so the probability of you winning is only 1/2. If you will just bet twice the money that you've loss, and you still lose again, imagine the amount of money you've wasted. After losing in gambling, try to rest and stop because it will make you have peace of mind and move on. But if you still practice being greedy, that will result to another huge loss. As much as possible, practice your self-discipline to prevent any stress and depression to affect your mind and body. Do not double your bet, it is not always applicable to gambling. For me, I think that this Martingale Strategy is applicable in our job, we need to make a double or an extra effort in order to be promoted or have some reward.
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.
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 concept makes sense, you will get back all your loss after a win but what if bad luck strikes you? This is very risky, if you continue to lose(this will happen), you will eventually run out of money. I think you can use it for short term, not until you lose all your money. And what if you reach the table limit? It's dangerous.
I could say that experience is really the best teacher because of that incident I found out that this kind of strategy always have a limit and we couldn't use them for so long.
And about OP's suggestion it would really be a huge risk just imagine how much your bet would be when you have a win strike then at the end you would lose the result would only be the same.
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