Is Betting Double After Losing is Really a Good Decision? - page 6.

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

Quote from: dunfida on April 16, 2020, 06:50:55 PM

Quote from: imstillthebest on April 16, 2020, 06:46:49 PM

Quote from: bitcoin31 on April 16, 2020, 06:40:35 PM

Like in dice game when I bet and I lose I double it but depends on the situation because they have times that once you lose the second and third bet is also lose so better to timing when you double your bet after you lose because it doesn't mean that you lose now after it the second round you win. Betting double of your money is good but it's too risky too.

but how to timed that ? no one will know . ive been playing gambling for a long time and still dont know how to properly timed my moves . like yesterday i loose because so many reds came on low payout that i play an then i depo and loose it again so fast but before , i experience alot of reds and after that , many green streaks comes to and sometimes after a hoard of red streaks , only 1 green will come and then rest is red again . it was like you are being tricked . i dont recomend betting big or doubling after loose because more chance that you will looose

Its all random and theres no such thing about having that kind of pattern when it comes on getting red streaks.We know that odds would always be against on us players.

Neither you do decide to double or not, if you arent lucky enough then you'll definitely lose.Doubling bets after a loss would only have 2 outcomes which is to win or loss
but the main mistake here is that when people do won a bet and doubled out the money in spite of stopping it they do rather go further or bet more until
they bust.

Typical gambler's mindset. Always chasing for the winnings. But it is really not a good decision to double your bet after losing, especially if your funds are already tight or running low. You are fighting with the odds here. You are right, there's no such thing about that kind of pattern. It is all luck. And if the luck is not on your side, you will again lose the next time around, so you will end up losing again after doubling your bet.

Google+

hero member

Activity: 2464

Merit: 550

Leading Crypto Sports Betting & Casino Platform

Quote from: Ucy on April 12, 2020, 05:45:56 AM

Quote from: Russlenat on April 05, 2020, 06:49:18 PM

Quote from: ampere on April 05, 2020, 03:26:27 PM

To me, betting double after losing is a sign of desperation from the losers aspect.
And this is an attitude very conversant with a near addict of gambling.

We need to always maintain our calmness, either in profits or in loss.

That could be in most cases as when you double and you still lose again, you might think of doubling again until you will wipe out your entire bankroll and that is very frustrating. but for some, they know how to use this strategy so they are successful, but still not advisable for newbie as mostly their emotion is what they use instead of making a strategy to make it work.

Are there really people who are successful or consistently profitable with the strategy? I have probably seen few members who said they are successful with it... whether it's true or not I don't know. I guess it's a few time successes rather than being successful consistently?

Even though some of your members say that the method is successful, but it cannot provide guarantees for other members, it means that it is only luck that he can succeed in that way, because I often try other people's methods, but the results will not always be the same.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: imstillthebest on April 16, 2020, 06:46:49 PM

Quote from: bitcoin31 on April 16, 2020, 06:40:35 PM

Like in dice game when I bet and I lose I double it but depends on the situation because they have times that once you lose the second and third bet is also lose so better to timing when you double your bet after you lose because it doesn't mean that you lose now after it the second round you win. Betting double of your money is good but it's too risky too.

but how to timed that ? no one will know . ive been playing gambling for a long time and still dont know how to properly timed my moves . like yesterday i loose because so many reds came on low payout that i play an then i depo and loose it again so fast but before , i experience alot of reds and after that , many green streaks comes to and sometimes after a hoard of red streaks , only 1 green will come and then rest is red again . it was like you are being tricked . i dont recomend betting big or doubling after loose because more chance that you will looose

Its all random and theres no such thing about having that kind of pattern when it comes on getting red streaks.We know that odds would always be against on us players.

Neither you do decide to double or not, if you arent lucky enough then you'll definitely lose.Doubling bets after a loss would only have 2 outcomes which is to win or loss
but the main mistake here is that when people do won a bet and doubled out the money in spite of stopping it they do rather go further or bet more until
they bust.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: bitcoin31 on April 16, 2020, 06:40:35 PM

Like in dice game when I bet and I lose I double it but depends on the situation because they have times that once you lose the second and third bet is also lose so better to timing when you double your bet after you lose because it doesn't mean that you lose now after it the second round you win. Betting double of your money is good but it's too risky too.

but how to timed that ? no one will know . ive been playing gambling for a long time and still dont know how to properly timed my moves . like yesterday i loose because so many reds came on low payout that i play an then i depo and loose it again so fast but before , i experience alot of reds and after that , many green streaks comes to and sometimes after a hoard of red streaks , only 1 green will come and then rest is red again . it was like you are being tricked . i dont recomend betting big or doubling after loose because more chance that you will looose

bitcoin31

hero member

Activity: 1834

Merit: 523

Like in dice game when I bet and I lose I double it but depends on the situation because they have times that once you lose the second and third bet is also lose so better to timing when you double your bet after you lose because it doesn't mean that you lose now after it the second round you win. Betting double of your money is good but it's too risky too.

Questat

hero member

Activity: 2982

Merit: 610

Quote from: Bezobraznike on April 16, 2020, 01:21:54 PM

You can bet double after you lose, or you can bet the same but on double odd! Why to force martingale when it's
not working, anyone can see that in many comments here. If it's not working on odd you wish to win, bet on higher
odds and you can win your money back.

Martingale is just a wagering method, if you choose a loser, you will still lose.
What only matters is your ability to pick winners and then you'll start winning, it's not about the wagering method you are using.

Quote from: Bezobraznike on April 16, 2020, 01:21:54 PM

I do that in sports betting. After few loses on the same team I bet on them but I find some higher odds, maybe more
goals, or double win, there is some higher odd, but I don't risk more money, it's not in my interest!

Same here too but I don't win all the time,.. doubling your bet or betting on high odds is alright, as long as you see the value of your bet.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: Bezobraznike on April 16, 2020, 01:21:54 PM

You can bet double after you lose, or you can bet the same but on double odd! Why to force martingale when it's
not working, anyone can see that in many comments here. If it's not working on odd you wish to win, bet on higher
odds and you can win your money back.
I do that in sports betting. After few loses on the same team I bet on them but I find some higher odds, maybe more
goals, or double win, there is some higher odd, but I don't risk more money, it's not in my interest!

For making it simple, you just increase the odd instead of the bet amount. The winning probability of the high odd is very low, especially in sports betting, in this case the gambler digs a deep grave without the backdoor. It is not the same for martingale strategy applied money management, the chance will stay the same and the end balance will cover the loss after the first winning bet.

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

You can bet double after you lose, or you can bet the same but on double odd! Why to force martingale when it's
not working, anyone can see that in many comments here. If it's not working on odd you wish to win, bet on higher
odds and you can win your money back.
I do that in sports betting. After few loses on the same team I bet on them but I find some higher odds, maybe more
goals, or double win, there is some higher odd, but I don't risk more money, it's not in my interest!

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Vaculin on April 09, 2020, 06:35:17 PM

Quote from: South Park on April 09, 2020, 03:40:32 PM

Doubling your bet after losing is not a strategy that should be used by anyone,

Without limitation, this is a stupid strategy as you can only win if you have infinite money which is impossible.

Martingale method is also working sometimes but with proper planning, and do it with games that you'll be able to use your skills, not in games like dice as every roll you don't get any advantage even if you change the winning rate to the highest.

The casinos are very aware of the martingale strategy so even if you had an unlimited amount of money this is not going to work as they have set limits for how much you can bet and when you go over that limit with the martingale system then that means any chance you had to recover your money in a single bet is gone, also even if you had an edge the martingale system will not work and that has been demonstrated over and over again as well, so no matter the circumstances it is a mistake to use martingale regardless of any other factor.

hahay

legendary

Activity: 3486

Merit: 1055

Leading Crypto Sports Betting & Casino Platform

Quote from: kawetsriyanto on April 11, 2020, 06:54:44 PM

Quote from: bitbunnny on April 11, 2020, 04:51:08 PM

Exactly, it has nothing to do with strategy, it's matter of pure luck. And that doesn't work all the time. After loss many gamblers try to cover that as soon as possible but very often that leads even deeper into losses

I agree that it is all about luck. That is why I am confused to see some people still debating about a proper strategy on it.
It is true, people bet doubled after the first losing mostly to overcome their losses but they don't think that it must lead to more losses. I think an experienced gambler should know about it, betting doubled will result in the same thing, "more losses". So, if we still care about our money and family, thinking deeply before doing that bad way!

I don't think everyone experiences the same thing because even you realize this is about pure luck. Well, when someone has a large capital or enough to continue doubling bets until finally the luck can be obtained, then this strategy is still very possible for you to make a profit in gambling. I only believe in experienced gamblers at least they are aware of such things so that it is very possible they realize the right time to make a roll and once again, I believe such a strategy would be good if done with experience and the complete experience with luck would be better.

plvbob0070

copper member

Activity: 658

Merit: 402

Quote from: Ucy on April 12, 2020, 05:45:56 AM

Quote from: Russlenat on April 05, 2020, 06:49:18 PM

Quote from: ampere on April 05, 2020, 03:26:27 PM

To me, betting double after losing is a sign of desperation from the losers aspect.
And this is an attitude very conversant with a near addict of gambling.

We need to always maintain our calmness, either in profits or in loss.

That could be in most cases as when you double and you still lose again, you might think of doubling again until you will wipe out your entire bankroll and that is very frustrating. but for some, they know how to use this strategy so they are successful, but still not advisable for newbie as mostly their emotion is what they use instead of making a strategy to make it work.

Are there really people who are successful or consistently profitable with the strategy? I have probably seen few members who said they are successful with it... whether it's true or not I don't know. I guess it's a few time successes rather than being successful consistently?

This strategy won't work for everyone and it won't also work for a long time. If others might have been successful in using this strategy, I bet it's only for a short time. There's really no assurance that betting double after losing will make you win back what you lost. Perhaps those who used this strategy won by using it only in a limited time.

It's not only the newbies, even those who have been gambling for a long time, some still end up losing after doing this strategy. I think it's a matter of logical thinking and luck. If others were able to win using this strategy, it's good for them. But it does not mean, everyone should also do it because it does not work like that.

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

Quote from: Russlenat on April 05, 2020, 06:49:18 PM

Quote from: ampere on April 05, 2020, 03:26:27 PM

To me, betting double after losing is a sign of desperation from the losers aspect.
And this is an attitude very conversant with a near addict of gambling.

We need to always maintain our calmness, either in profits or in loss.

That could be in most cases as when you double and you still lose again, you might think of doubling again until you will wipe out your entire bankroll and that is very frustrating. but for some, they know how to use this strategy so they are successful, but still not advisable for newbie as mostly their emotion is what they use instead of making a strategy to make it work.

Are there really people who are successful or consistently profitable with the strategy? I have probably seen few members who said they are successful with it... whether it's true or not I don't know. I guess it's a few time successes rather than being successful consistently?

kawetsriyanto

legendary

Activity: 2422

Merit: 1140

duelbits.com

Quote from: bitbunnny on April 11, 2020, 04:51:08 PM

Exactly, it has nothing to do with strategy, it's matter of pure luck. And that doesn't work all the time. After loss many gamblers try to cover that as soon as possible but very often that leads even deeper into losses

I agree that it is all about luck. That is why I am confused to see some people still debating about a proper strategy on it.
It is true, people bet doubled after the first losing mostly to overcome their losses but they don't think that it must lead to more losses. I think an experienced gambler should know about it, betting doubled will result in the same thing, "more losses". So, if we still care about our money and family, thinking deeply before doing that bad way!

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: pixie85 on April 11, 2020, 05:48:20 PM

Quote from: swogerino on April 11, 2020, 04:42:34 AM

Doubling after a lost bet sounds a lot like Martingale which is proven to not work in long term and it works with extreme difficulty in the few cases it works for only a really short amount of time.It is more luck rather than a strategy.

It can work in certain situations like when you start your bets low and have a lot of money to play with. Most martingale gamblers don't get broke on their first run.

Usually they keep playing and playing until they get owned but those small wins from each run just make them want more becauuse even when they win they don't win enough.

Martingale strategy is bad because it never ends up satisfying you. You'll keep playing for hours and still have only a little more.

Its even used up to now and also automated betting using up martingale isnt something new even playing on roulettes or even on a crash game.
This kind of strategy is been used since we know that the next win will surely be a profit but we all know that the one issue with this one is that
when you experience losing streak then its the end game for you unless if your balance did able to hold up those reds.If not then
you should call it a day or even learn from it that no strategy could work on longer run.

pixie85

hero member

Activity: 2184

Merit: 531

Quote from: swogerino on April 11, 2020, 04:42:34 AM

Doubling after a lost bet sounds a lot like Martingale which is proven to not work in long term and it works with extreme difficulty in the few cases it works for only a really short amount of time.It is more luck rather than a strategy.

It can work in certain situations like when you start your bets low and have a lot of money to play with. Most martingale gamblers don't get broke on their first run.

Usually they keep playing and playing until they get owned but those small wins from each run just make them want more becauuse even when they win they don't win enough.

Martingale strategy is bad because it never ends up satisfying you. You'll keep playing for hours and still have only a little more.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

Quote from: swogerino on April 11, 2020, 04:42:34 AM

Doubling after a lost bet sounds a lot like Martingale which is proven to not work in long term and it works with extreme difficulty in the few cases it works for only a really short amount of time.It is more luck rather than a strategy.

Exactly, it has nothing to do with strategy, it's matter of pure luck. And that doesn't work all the time. After loss many gamblers try to cover that as soon as possible but very often that leads even deeper into losses and could become a closed circle so to my opinion it's not a good idea.

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Funny topic for 2020 Cheesy

From the point of view of mathematics, this issue has already been solved a long time ago and I do not know what can be seriously discussed here.
Fun fact: my red/black record is about 40 bets in a row on red. It is easy to calculate how much money you need to make another double bet on 41 moves.

Naida_BR

member

Activity: 980

Merit: 62

Quote from: stadus on April 11, 2020, 03:13:35 AM

Quote from: bitcoin-shark on April 11, 2020, 03:03:04 AM

also in my opinion the martingale strategy does not work in the long term on the contrary, it is harmful for one's finances, encouraging the player to continue playing with the false hope of being able to recover any losses...

If this is applied on games where there is a house edge.

Actually you can apply martingale in sports betting and it could be an effective strategy but you need to be smart in using it and do it with the right timing.
Blindly using it, that will cause you a lot of money every time you lose, you are risking more just to win a certain amount of your target.

As a gambler, I have tried different strategy including martingale strategy but I would not say it's a bad strategy in overall.

In sport betting it is even worse...
You need a lot of capital in order to survive the losses from martingale in sports betting.
In other games such as dice you can recover your losses a lot of faster than in sports and you can be more profitable in the end.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: jrrsparkles on April 11, 2020, 10:37:05 AM

It is really a brave decision but we can't say that is good decision, the smart ones may cut into half for the next bets so if they win they will get half of their losses or even completely with good mlutiplier.But don't really bet after bet to recover the losses from previous bets that is the first step towards addiction.

Big chance of losing more when you keep doubling your bets or you pushing yourself forward, with this kind of gambling where luck really control everything and strategy is not reliable, choosing to enjoy instead of trying to win big or recover your losses in a much quicker ways is much better.
Make sure about how to wisely manage your emotions controlling your bankroll it's your money that in stake so better to know how to adjust in appropriate way.

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

It is really a brave decision but we can't say that is good decision, the smart ones may cut into half for the next bets so if they win they will get half of their losses or even completely with good mlutiplier.But don't really bet after bet to recover the losses from previous bets that is the first step towards addiction.

Topic: Is Betting Double After Losing is Really a Good Decision? - page 6. (Read 2452 times)