Is Betting Double After Losing is Really a Good Decision? - page 14.

rhomelmabini

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Quote from: Casdinyard on March 28, 2020, 06:54:17 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.

Might be or might be not but at least don't try it with great risks because it will deplete your balance in no time if you do it consecutively, a micro bet can be applied in this strategy, not the high-risk bets. Auto-bet isn't an option too.

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Quote from: Ailmand on March 28, 2020, 08:27:14 PM

Quote from: Polar91 on March 28, 2020, 08:05:24 PM

Quote from: Casdinyard on March 28, 2020, 06:54:17 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's effective if the proportion of your initial amount per bet is too small compare to your capital. It's too risky to do that with automated bet because the house edge can make you zero within just minutes and for sure it's too difficult to stop as the machine places bets than the speed of your thinking wethere what decision you should take place. I myself is using martingale strategy but I don't stick with thus house edge can't predict what I'm thinking of.

The longer you use martingale the less effective it become. I only use it for a few rounds and stops when I win. If I continue losing I stop. I tried doing it with small amount and continuosly lost until my balance went down to zero. It is still best to either combine different strategies or stick to your own gameplan.

No one can crack the system, you can try all those tricks but in the end you always lose. I have also tried it in many occasions it does start with positive outcome and as the game progresses it goes against you. It only works for short duration and not for long streak.

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Quote from: Casdinyard on March 28, 2020, 06:54:17 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.

I have this kind of strategy but it is a little bit different from what you have posted. This is the strategy that I read and this apply only to those gamblers who have good amount of money.

They will bet 1x and once the lost they will bet again 2.2x and once they lost again they will bet again 6.6x and so on but if they will win they will roll back to 1x again. The profit is not that big but if you will continue to gamble like this, you can surely profit as long as you have good amount of money as your capital. The idea of this strategy is to bet your loses with additional bet as your profit, then roll back to the lowest bet once you will win.

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Quote from: Casdinyard on March 28, 2020, 06:54:17 AM

we aren't really going to win right after, because there is still a possibility of losing once again.

There is always possibility of losing and expecting continuous win is clearly a day dream. Some people could suggest you to ride fast with your good luck but you can lose all your winning money just in one bet too. As far as i know professional gamblers don't like the idea to put all their money in a single bet or not hardly depends on luck rather then own strategies.

A big number of early gamblers who are new on gambling lose entire fund due to following the way of being a millionaire overnight. I am damn sure that gambling platform owners love to get this kinda over ambitious gambler on their platform regularly.

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Quote from: Polar91 on March 28, 2020, 08:05:24 PM

Quote from: Casdinyard on March 28, 2020, 06:54:17 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's effective if the proportion of your initial amount per bet is too small compare to your capital. It's too risky to do that with automated bet because the house edge can make you zero within just minutes and for sure it's too difficult to stop as the machine places bets than the speed of your thinking wethere what decision you should take place. I myself is using martingale strategy but I don't stick with thus house edge can't predict what I'm thinking of.

The longer you use martingale the less effective it become. I only use it for a few rounds and stops when I win. If I continue losing I stop. I tried doing it with small amount and continuosly lost until my balance went down to zero. It is still best to either combine different strategies or stick to your own gameplan.

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Quote from: Casdinyard on March 28, 2020, 06:54:17 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's effective if the proportion of your initial amount per bet is too small compare to your capital. It's too risky to do that with automated bet because the house edge can make you zero within just minutes and for sure it's too difficult to stop as the machine places bets than the speed of your thinking wethere what decision you should take place. I myself is using martingale strategy but I don't stick with thus house edge can't predict what I'm thinking of.

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Quote from: Casdinyard on March 28, 2020, 06:54:17 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.

Do you see a successful bettor winning constantly by using the martingale strategy? those people who use this are really transparent for their result?

Since for sure its 100% no strategies working even up till now and those winnings are base on pure luck and never ever do double your bet once you lose since it will be a worst time on your side when you frequently do this things up just play in moderation and enjoy the game slow, being greedy is not good in gambling just be settle to earn less than losing.

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Quote from: Casdinyard on March 28, 2020, 06:54:17 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.

This is always a reoccurring problem when you desired to bet over and over again, and there's no assurance for us to take that lucky shots. It will always remain so unpredictable and even you're doubling up your bets to take any potential wins, that will no guarantee 100% outcome. Better think for fair results instead of seeking serious actions towards gambling in order to win successfully.

MCobian

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Martingale strategy or double your bet when you lose often I use when I play gambling. It's risky if not be careful,
we can experience double losses too. Therefore do not use this strategy too often, and also must understand
mathematical algorithm when using martingale strategy. The strategy in my opinion is only suitable for professional
gamblers, newbies should avoid using this strategy.

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Quote from: Casdinyard on March 28, 2020, 06:54:17 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.

I think it is just as worse as burning your money/funds and just has the same concept as giving away your money to no one and having nothing. The martingale strategy is just a mere test of a dumb luck and betting double after a loss is too risky. For me, I bet just simply once a day and not in a constant consecutive hours as it would lessens the risk of losing anything. It was my way of testing luck and also a minimal way to discipline and avoid myself against addiction.

Therefore, never try betting double after a loss. It is just an epitome of risk.

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Basically playing gambling depends on luck, even if we are not lucky the funds we have will be used up for it.

The strategy said by the OP could have a good end but if when playing gambling together with luck.
A good strategy in my opinion when having a little win to not bet again. There must be a pause and play it another time.

Yamifoud

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Using martingale strategy in gambling is not really at safe, still in 50/50 and more chances that you'll be losing.
Thinking about how to recover your losses in here, there is no such effective strategy that will work perfectly or at its near because we know how gambling gives you a percentage of winning and using that martingale strategy will also be a reason that you doubled your losses.

If you lose you 1st bet, 2nd, and 3rd...better to go home. You don't have luck this time, come back tomorrow maybe you'll have that chance.

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Quote from: xSkylarx on March 28, 2020, 05:25:27 PM

I've tried martingle a lot of times and it will not be effective in the long-run. Eventually you will lose all your funds which happens to me most of the time. At some point if you kept losing you will have to resume at a new bet and stop chasing for your loss.

Martingale will only work few times. So chasing your loss might really put you in a terrible situation. It depends on the player, if he can still afford to lose the next game, he can proceed. But if he will loan the money just to play again and hoping that he will win this time, better stop it early. Winning is not a sure thing in gambling. That's why a lot of people are in deep debt because they believe they will win the next time around but unfortunately not.

vella85

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This strategy will eventually lose no matter what people say. However I have tried this with sports and I have had success with this as most times then not, teams don't lose many times in a row like we see with roulette and dice games. Yes teams can go on a losing streak however I haven't had many losing streaks like we see with roulette and dice.

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Quote from: Casdinyard on March 28, 2020, 06:54:17 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 are in the forum for quite a while now so I guess you encounter already those threads that asking how effective martingale is.

If that's effective and can boost your earnings, that should be popular by now we can always beat the house whenever we desire.

Gambling is gambling. There's no such thing as always winning.

xSkylarx

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I've tried martingle a lot of times and it will not be effective in the long-run. Eventually you will lose all your funds which happens to me most of the time. At some point if you kept losing you will have to resume at a new bet and stop chasing for your loss.

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Don't act on emotions when you lose or win in gambling. Most people get frustrated when they lose and try desperately to recover their loses. This is hardly a strategy and there is a very little likely hood of the gambler profiting.
If you're confident of your next bet being successful then you can double your wager, this should surely be dependent on your assessment and not the desire to recover your capital.

Becky666

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Perhaps you will eventually lose your fund to this strategy because it has happened to me. This has been my strategy some few times in my earliest days in gambling but was not too good for likened. Although, anyone can give a try to this strategy, it might be rewarding and it can still be the worst anyone could imagine in the world of gambling.double your betting when you lose means a probability of you losing the more even after your tenth lose. "Ensure to gamble what you can afford to lose" because it hut more when you lose more.

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Quote from: Lakai01 on March 28, 2020, 01:51:03 PM

Simply put: It has nothing to do with the used currency, martingale busts your stack in no time when you are on a losing strike.

Another huge disadvantage of martingale is that games like roulette usually have table limits. If you follow martingale and reach the table limit you wont be able to compensate your losses.

Actually, Martingale does help in the short term if luck sides with you in my experience. I have recovered my losses many times though I always set stop limits without going overboard since no gambling strategy helps in the long term.

Quote from: casperBGD on March 28, 2020, 03:10:52 PM

it is always a bad decision, maybe you will be lucky to win few times in a row, but eventually you will lost two, or more times in a row, and that will certainly be a lot of money, due to progression that double betting has, with more than two lost games in a row, so I would not recommend that at all, or say stay out of the idea, gambling should be fun, not serious condition

It is a fun way to enjoy gambling as long as you set stop loss limits and profit target. Martingale does work in the short term which is why it is not always a bad decision.

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Quote from: Casdinyard on March 28, 2020, 06:54:17 AM

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.

Just by understanding fully what house-edge means, you can take a picture by yourself if a martingale is an effective way to apply in dice, slots or any casino games. Even if we say 80-90% winning chance, it's not an assurance that we can nail that round.

I know you are already aware of some gambling tips, tricks or any advice so I think martingale is not a new term for you. If you see martingale as not an effective way to apply in gambling then trust your own view and thoughts. It will save you a lot.

The same goes for other betting methods.

Topic: Is Betting Double After Losing is Really a Good Decision? - page 14. (Read 2452 times)