Well yes and no, but it all comes down to luck.
For example, start with a 10 satoshi bet.
On loose double it.
Theoretically, you can easily get a bad streak od 25 losses in a row, and you loose 1BTC+
Topic: Is Betting Double After Losing is Really a Good Decision? - page 4. (Read 2452 times)
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 can be a good decision or not as it is purely based on your luck factor. I have seen people who are complaining about why we do not go for doubling the base bet even when we are hitting profits. It means they are complaining like we are missing out good chances when luck is in our favor but we are trying to maximize our chances of being lucky when we are making losses. But unfortunately this is how martingale strategies is working and we should stick with its terms what exactly it is emphasizing.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.
Basically, martingale strategy is all about recovering our losses which will be possible only when we double the betting. So, if you hit profits then you must move on to test your luck again. If you hit losses then you should work on recovering your losses. So, it makes sense to double the betting after losses and sticking with same bet after profits.
It is a good decision if you will win. But it is very risky since after you lose, there is the possibility that you lose more if you won't get that winning after doubling your bet. It might be the reason for you to do the same mistake and you might end up losing your funds so fast.
There will be the 'if' case. But for those that can't avail the potential and high chance of losing, better you don't try it. There's no need for you to experiment if you have not that much courage.
Commentors like us tend to say about entertainment and fun but the actual situation of the gamblers is they do gamble for the money. And every strategy that they create is no other reason but to win and gain profit.
In general, I think it is not a good thing to do in an activity wherein winning is not even certain, which is enough to invalidate that it would be fine to do so. Ofcourse, every gamblers are free to do so but I sugget not to, just play it safe and do not let frustrations eat you. Indeed there will be times wherein you are having that 'feeling' but that would boost your urge to more likely crave for a win, this would further result into bigger losses.
If ever you would prove betting twice bigger than your loss is effective, do not make it a norm in your gambling habit. Believe me, that is where addiction occurs. Everytime a gambler is experiencing frustrations, chances are high that he will lack awareness and conscious of why he is playing. Every gambler would have a mindset of not losing that much. And this mindset will be worthless eventually once you are too dragged in this activity. Note of how addictive gambling is. Keep in mind how powerful money is.
If ever you would prove betting twice bigger than your loss is effective, do not make it a norm in your gambling habit. Believe me, that is where addiction occurs. Everytime a gambler is experiencing frustrations, chances are high that he will lack awareness and conscious of why he is playing. Every gambler would have a mindset of not losing that much. And this mindset will be worthless eventually once you are too dragged in this activity. Note of how addictive gambling is. Keep in mind how powerful money is.
There are a lot of people that is really love playing gambling games and some of them are saying that once you lose your game and you want to earn it back make a double on your wage or your bet. Most of the people I know are highly recommended this kind of process because it is easier to get back your funds easily and does not take too much time to earn it back, but it is quite risky like on the dice most of the players do this kind of risk they are betting too much when they lose it is not bad if you make it try. But on me I make may gambling all the time safe and does not make too much greedy because sometimes there are a lot of people if they see the potential of the winning make a vast wage if you are confident enough do this kind of action but if you make any doubt take care on the decisions. Not all the time making double of earning is good because sometimes there are some not fortunate games.
In general, I think it is not a good thing to do in an activity wherein winning is not even certain, which is enough to invalidate that it would be fine to do so. Ofcourse, every gamblers are free to do so but I sugget not to, just play it safe and do not let frustrations eat you. Indeed there will be times wherein you are having that 'feeling' but that would boost your urge to more likely crave for a win, this would further result into bigger losses.
If ever you would prove betting twice bigger than your loss is effective, do not make it a norm in your gambling habit. Believe me, that is where addiction occurs. Everytime a gambler is experiencing frustrations, chances are high that he will lack awareness and conscious of why he is playing. Every gambler would have a mindset of not losing that much. And this mindset will be worthless eventually once you are too dragged in this activity. Note of how addictive gambling is. Keep in mind how powerful money is.
If ever you would prove betting twice bigger than your loss is effective, do not make it a norm in your gambling habit. Believe me, that is where addiction occurs. Everytime a gambler is experiencing frustrations, chances are high that he will lack awareness and conscious of why he is playing. Every gambler would have a mindset of not losing that much. And this mindset will be worthless eventually once you are too dragged in this activity. Note of how addictive gambling is. Keep in mind how powerful money is.
No, martingale is a terrible strategy that always results in losing.
See this simulation - https://i.imgur.com/F3WS1im.png
yeah Martingale is like a suicidal move and only for desperate gamblers,because you are relying in Pure luck while you can just play betting normally and don't chase your losing.See this simulation - https://i.imgur.com/F3WS1im.png
At any point, you have the potential to completely go bust no matter how small your bet is in relation to your bankroll because doubling your bet after a loss is exponential growth.
and so Just bet with small amount occasionally and let the game decide if you will win or not,and besides it is the enjoyment that we must look and not the winning only.You can use martingale on Sports betting but ideally the strategy works when you know what the odds are and can win at a flat rate. So usually you're talking about using it on something like roulette and betting on a single color over and over again. Sports betting is a bit more complicated because it's easier to go on a losing streak with shitty calls.
No, martingale is a terrible strategy that always results in losing.
See this simulation - https://i.imgur.com/F3WS1im.png
yeah Martingale is like a suicidal move and only for desperate gamblers,because you are relying in Pure luck while you can just play betting normally and don't chase your losing.See this simulation - https://i.imgur.com/F3WS1im.png
I think the ones who are using this kind of strategy are the ones who wants to get their money back and they want to do it in a quick way. TBH, I have tried this strategy too in the multiply BTC on freebitcoin but since I'm just a newcomer of crypto at that time I just used a small amount (around 1k Satoshis just for the experiment).
In the first bets, I'm winning and I'm happy for it (a bit) and the worst happened. It started to lose and the worst part is it happened consecutive times until it stopped and when I see my funds, BOOOOM!!!!. There is nothing left on it
. I'm not affected that much at that time since it is just a small amount and I concluded that Martingale strategy is a useless strategy used by newbie and greedy shit gamblers . 
No, martingale is a terrible strategy that always results in losing.
See this simulation - https://i.imgur.com/F3WS1im.png
yeah Martingale is like a suicidal move and only for desperate gamblers,because you are relying in Pure luck while you can just play betting normally and don't chase your losing.See this simulation - https://i.imgur.com/F3WS1im.png
At any point, you have the potential to completely go bust no matter how small your bet is in relation to your bankroll because doubling your bet after a loss is exponential growth.
and so Just bet with small amount occasionally and let the game decide if you will win or not,and besides it is the enjoyment that we must look and not the winning only.
No, martingale is a terrible strategy that always results in losing.
See this simulation - https://i.imgur.com/F3WS1im.png
yeah Martingale is like a suicidal move and only for desperate gamblers,because you are relying in Pure luck while you can just play betting normally and don't chase your losing.See this simulation - https://i.imgur.com/F3WS1im.png
At any point, you have the potential to completely go bust no matter how small your bet is in relation to your bankroll because doubling your bet after a loss is exponential growth.
and so Just bet with small amount occasionally and let the game decide if you will win or not,and besides it is the enjoyment that we must look and not the winning only. 
I'm sorry but if you never bet more, there is no point in playing dice. Because of the house hedge you can't win on the long run if you always bet the same amount.
If I were to play dice, then I would rather play the safe way, my purpose in playing in the first place is to have fun, I find this strategy ridiculous because you know that the edge is in favor of the house and you want to bet more?, that sounds like throwing your win instantly. It is a profitable strategy - maybe you haven't tried it out yet.
You just have to have a huge amount of fund in order to follow this strategy or start with a small initial bet.
If one of those two terms is fulfilled then you will be about to make good money.
Having a huge amount of fund defeats the purpose of gambling, you are there to increase your meager cash not make it a day trading, and saying that this strategy is profitable sounds like you are promoting the play that easily vacuums cash out of the wallet of player. You only say that it is a profitable strategy because you might be an investor in a gambling site or you are an owner of a casino.You just have to have a huge amount of fund in order to follow this strategy or start with a small initial bet.
If one of those two terms is fulfilled then you will be about to make good money.
Don't believe this fad people. Create your own strategy make it unique.
This is not really a piece of good advice for an ordinary gambler but those who are not in limitation of resources, maybe they can.
For me betting doubled isn't a good decision both for them who have limited and lot of funds. The result is still the same, too risky and seems just following emotion. I think betting normally is more than enough if you have a luck to win, so why need to betting doubled. Even you still have much money, but it is better to think effective way and do wise decision.
No, martingale is a terrible strategy that always results in losing.
See this simulation - https://i.imgur.com/F3WS1im.png
At any point, you have the potential to completely go bust no matter how small your bet is in relation to your bankroll because doubling your bet after a loss is exponential growth.
See this simulation - https://i.imgur.com/F3WS1im.png
At any point, you have the potential to completely go bust no matter how small your bet is in relation to your bankroll because doubling your bet after a loss is exponential growth.
Well definitely because there is no fix strategy in gambling that would make you consistently win.
There is no strategy in gambling for me because you don't what can happen to you in your next bets because it is a game of luck and not a game of strategy unlike other games there.If you are lucky and you can control yourself even you are winning then you can go out on the casino with profits. If you are lucky but you are greedy then you will go out empty-handed. Now if you aren't lucky and you choose to gamble still then you are considered an addicted gambler already
.It's good if we build a strategy on our own and develop it.
Adjusting in different situations is the best thing to do and maybe it can be considered as a strategy too . Having many plans in different situation is better like for example situation A is happening then you must have a plan for that and so on and so forth. Gambling won't work in a cordial way and go along as what we want but this is a pure luck base game...winning and losing are common ends in here.
Not a really a bad idea but some gambler are trying it and maybe this was a lucky bet for them and recover their losses but the risk as also high in which a possible loss will occur in the 2nd time around.
I know a lot of people doing this seeking to recover their losses. This is not really a piece of good advice for an ordinary gambler but those who are not in limitation of resources, maybe they can. Gambling won't work in a cordial way and go along as what we want but this is a pure luck base game...winning and losing are common ends in here.
I know a lot of people doing this seeking to recover their losses. This is not really a piece of good advice for an ordinary gambler but those who are not in limitation of resources, maybe they can. Gambling won't work in a cordial way and go along as what we want but this is a pure luck base game...winning and losing are common ends in here.
It is a good decision if you will win. But it is very risky since after you lose, there is the possibility that you lose more if you won't get that winning after doubling your bet. It might be the reason for you to do the same mistake and you might end up losing your funds so fast.
most often this will occurred when you put a double amount bet after you lose. the worst part is, you keep doing it when you think you can recover after you lose the double bet. If you can stop yourself from doing it, it'ss becomes a habit and you will always bet a huge amount every time you lose.
It is a good decision if you will win. But it is very risky since after you lose, there is the possibility that you lose more if you won't get that winning after doubling your bet. It might be the reason for you to do the same mistake and you might end up losing your funds so fast.
There will be the 'if' case. But for those that can't avail the potential and high chance of losing, better you don't try it. There's no need for you to experiment if you have not that much courage.
Well definitely because there is no fix strategy in gambling that would make you consistently win.
There is no strategy in gambling for me because you don't what can happen to you in your next bets because it is a game of luck and not a game of strategy unlike other games there.If you are lucky and you can control yourself even you are winning then you can go out on the casino with profits. If you are lucky but you are greedy then you will go out empty-handed. Now if you aren't lucky and you choose to gamble still then you are considered an addicted gambler already
.It's good if we build a strategy on our own and develop it.
Adjusting in different situations is the best thing to do and maybe it can be considered as a strategy too . Having many plans in different situation is better like for example situation A is happening then you must have a plan for that and so on and so forth. 
It is a good decision if you will win. But it is very risky since after you lose, there is the possibility that you lose more if you won't get that winning after doubling your bet. It might be the reason for you to do the same mistake and you might end up losing your funds so fast.
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.
It's very tempting to do martingale, people especially newbies should first study this option on all of its aspects positive and negative, the strategy looks perfect until you tried it yourself and find out that it's not working, there will be a time that you are going to chase your losses and you have no funds to sustain it because you need large funds to implement it.
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