Is Martingale Profitable ??? - page 2.

sidrab14

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Quote from: Avirunes on April 19, 2016, 10:47:48 AM

Quote from: BTCevo on April 19, 2016, 10:33:36 AM

Quote from: sured44 on April 17, 2016, 10:35:44 AM

can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

Usually people do martingale with high odds to keep on roll it until it hits then they stop it. For 2x martingale usually they just using manual betting because it is easier rather than waiting on for examples like 1000 odds or any higher odds. Most of them thought that every martingale will fail but wrong calculation that make it fails so if you can calculate it well and have enough balance I dont think it will fail

Well some part i agree but i think that martingale may not work even if you have big balance .In gambling everything is possible (high loss/high profit).The thing that lies around is the time for how much you put on that strategy.In just a small time it may work but in long time i dont think so that it will work most of the time.You can try it ,for me i already tried it but I tried with lower bankroll but put up a low amt. of bet as well.

If theory you could have infinite winning and infinite loosing stakes. So in the end always winner is the casino.

Avirunes

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Quote from: BTCevo on April 19, 2016, 10:33:36 AM

Quote from: sured44 on April 17, 2016, 10:35:44 AM

can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

Usually people do martingale with high odds to keep on roll it until it hits then they stop it. For 2x martingale usually they just using manual betting because it is easier rather than waiting on for examples like 1000 odds or any higher odds. Most of them thought that every martingale will fail but wrong calculation that make it fails so if you can calculate it well and have enough balance I dont think it will fail

Well some part i agree but i think that martingale may not work even if you have big balance .In gambling everything is possible (high loss/high profit).The thing that lies around is the time for how much you put on that strategy.In just a small time it may work but in long time i dont think so that it will work most of the time.You can try it ,for me i already tried it but I tried with lower bankroll but put up a low amt. of bet as well.

ABCbits

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Yes, it's profitable if you have luck when use it Roll Eyes

Without luck, martingale or any tricks will lead you to lose eventually because house edge.

Kotone

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In my opinion, martingale with luck is very profitable, i earned 200k satoshis everyday without loss, just dont get caught by the house edge mates.

BTCevo

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Quote from: sured44 on April 17, 2016, 10:35:44 AM

can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

Usually people do martingale with high odds to keep on roll it until it hits then they stop it. For 2x martingale usually they just using manual betting because it is easier rather than waiting on for examples like 1000 odds or any higher odds. Most of them thought that every martingale will fail but wrong calculation that make it fails so if you can calculate it well and have enough balance I dont think it will fail

Hatuferu

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Quote from: nostal02 on April 19, 2016, 12:58:21 AM

Quote from: Devesh on April 18, 2016, 08:40:41 AM

Yep its very profitable, that is if your Bankroll can cover your your losses in case streak lose strikes

When doing martingale you need to have a large capital since you are doubling every bet that you are taking if you dont have enough capital then dont try it.

I want to add, it will also depend on the amount you wagered per bet. If you bet like .001BTC per roll in a dice or per game in sports betting and you want to martingale it with 50 games then you need a huge bankroll.

nostal02

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Quote from: Devesh on April 18, 2016, 08:40:41 AM

Yep its very profitable, that is if your Bankroll can cover your your losses in case streak lose strikes

When doing martingale you need to have a large capital since you are doubling every bet that you are taking if you dont have enough capital then dont try it.

Zooplus

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Quote from: Devesh on April 18, 2016, 08:40:41 AM

Yep its very profitable, that is if your Bankroll can cover your your losses in case streak lose strikes

As long as you do it with discipline then you are good to go. As i said earlier, set you limits of wining and losses so you know when to stop betting. In betting in order for you to be successful you should have a balance life so you cannot be frustrated in the event you will experience huge losses.

BertMan

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Don't get greedy, play within your means

Devesh

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Yep its very profitable, that is if your Bankroll can cover your your losses in case streak lose strikes

beduku22

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Quote from: DeDordtenaar on April 17, 2016, 10:41:37 PM

Quote from: sured44 on April 17, 2016, 10:35:44 AM

can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

in the short term may be a lot of people suggest this strategy. but most people are too often used this way in the long term so that they lose and lose.
you should know. when to stop using this method

martingale is profitable. since you have to increase your amount of bet each time you lose, the losses amount are growing exponentially and finally it will lead to a very big loss and leave you with a portion of your bankroll.,

Hatuferu

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Quote from: goldcoinminer on April 18, 2016, 01:30:36 AM

Quote from: DeDordtenaar on April 17, 2016, 10:41:37 PM

Quote from: sured44 on April 17, 2016, 10:35:44 AM

can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

in the short term may be a lot of people suggest this strategy. but most people are too often used this way in the long term so that they lose and lose.
you should know. when to stop using this method

That's what you called control or discipline if you know when to stop using a particular betting method. Apparently, no betting strategy that will last forever because gambling sites adjust to it so they can ensure profit.

You hit it bro.. Sometimes I use this method to ensure winning in dice , however due to its huge bankroll requirement I cannot stand my losing streak anymore that is why sometimes it kills the entire amount of my bankroll. So I say that it is not profitable based on my experience.

goldcoinminer

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Quote from: DeDordtenaar on April 17, 2016, 10:41:37 PM

Quote from: sured44 on April 17, 2016, 10:35:44 AM

can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

in the short term may be a lot of people suggest this strategy. but most people are too often used this way in the long term so that they lose and lose.
you should know. when to stop using this method

That's what you called control or discipline if you know when to stop using a particular betting method. Apparently, no betting strategy that will last forever because gambling sites adjust to it so they can ensure profit.

DeDordtenaar

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Quote from: sured44 on April 17, 2016, 10:35:44 AM

can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

in the short term may be a lot of people suggest this strategy. but most people are too often used this way in the long term so that they lose and lose.
you should know. when to stop using this method

Zooplus

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Quote from: acroman08 on April 17, 2016, 09:16:07 PM

Quote from: apoorvlathey on February 25, 2016, 09:31:49 AM

How many of you have used the Martingale System for Gambling ?
Is it profitable ?
Share your experiences with it below !

as far as i can remember i always lose everytime i use this technique but at first i will win some and then in the end i will eventually lose it all, its just feeding your lust to win at the beginning and will make it hard to stop until yuou lose all your capital.

Capital means bankroll in the gambling world. Every system is profitable depending on the techniques of the gamblers. While you are right that martingale system can exhaust your bankroll but it always depends on the gamblers method.

acroman08

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Quote from: apoorvlathey on February 25, 2016, 09:31:49 AM

How many of you have used the Martingale System for Gambling ?
Is it profitable ?
Share your experiences with it below !

as far as i can remember i always lose everytime i use this technique but at first i will win some and then in the end i will eventually lose it all, its just feeding your lust to win at the beginning and will make it hard to stop until yuou lose all your capital.

fullypak

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Quote from: sured44 on April 17, 2016, 10:35:44 AM

can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

There is not guarantee that any one can make profit even in short term from this method because no one can predict when the continuous loses can eat way all your funds. So I don't think either for short or long term this method is good to use. Just play manually for some time to enjoy the fun and get out as soon as possible, otherwise one may lose more money in this game.

sured44

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can easily bust with martingale in the long run. The short run might give some profit, but that is all luck right there. As I saw some other people say on dice sites. "Don't do martinfail." (for me)

Shinpako09

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Quote from: shanem on April 17, 2016, 08:40:49 AM

There is no benefit with these systems. At the end of the day, the house edge is still there and you can't get rid of it.

You will lose more than you win in gambling no matter what system you use.

But sometimes there is still a system that will work in the very beginning. That you will be able to make some profit after that you will loss again.

shanem

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Quote from: RoommateAgreement on April 17, 2016, 08:36:41 AM

Quote from: haileysantos95 on April 17, 2016, 05:11:22 AM

Quote from: maku on April 17, 2016, 04:55:22 AM

Seeing all these threads about martingale and various gambling systems. All I want to tell you is:

Gambling systems have been around for as long as gambling has. Yet no system has ever been proven to work.

Betting systems, are just gimmicks: Martingale, Parole, cancellation betting system etc. - everything in the end is as good as flat betting.

Couldnt agree more sir,there is no profitable way to gamble and no strategy there is to win in gambling,gambling is just base on luck.

that is right but these methods are not without their own benefits either.

they are a good way for sticking to some rules in gambling which is good to prevent loss.

There is no benefit with these systems. At the end of the day, the house edge is still there and you can't get rid of it.

You will lose more than you win in gambling no matter what system you use.

Topic: Is Martingale Profitable ??? - page 2. (Read 7624 times)