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Topic: Is Martingale Profitable ??? - page 7. (Read 7624 times)

newbie
Activity: 8
Merit: 0
March 11, 2016, 12:40:02 AM
I have only bad experience with martingale. Always going busto Sad
sr. member
Activity: 420
Merit: 250
March 11, 2016, 12:33:38 AM
Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.

But very less people will withdraw there winnings in gambling because of greediness most of the people end up all there money again back to casino. That's why today all casino's becoming rich and gamblers are becoming poor. This martingale strategy will not always works for every one because this method needs a luck to win money.

I guess not all gambler are becoming so poor, some of them still can earn a lot or even become millionaire after gambling for quite some time. This is matter of luck though. And btw martingale system will become profitable if you know how to manage your balance and your base bet well enough. Most of them just used martingale and hope to earn more with small balance thats why they keep on losing and luck is play a role in every gambling game for sure so without luck you wont get good profit

I really don't know many people has become millionaire by gambling everyday. But martingale method will not work if you play for long hours continuously with any kind of balances unless you manage manually and if you know when to stop it and take the cut of either profit or loss.

People who become millionaire from gambling always shut up and never talk. Not like people who lose gambling, they will keep complaining. and i think martingale will works on sportsbook.
legendary
Activity: 2058
Merit: 1015
March 10, 2016, 11:26:33 PM
I guess all gamblers here tried martingale and I'd guess only few of them can really say that they make a profit by that. I myself tried it before but it makes my bankroll back to zero.
legendary
Activity: 1456
Merit: 1005
March 10, 2016, 10:16:38 PM
Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.

But very less people will withdraw there winnings in gambling because of greediness most of the people end up all there money again back to casino. That's why today all casino's becoming rich and gamblers are becoming poor. This martingale strategy will not always works for every one because this method needs a luck to win money.

I guess not all gambler are becoming so poor, some of them still can earn a lot or even become millionaire after gambling for quite some time. This is matter of luck though. And btw martingale system will become profitable if you know how to manage your balance and your base bet well enough. Most of them just used martingale and hope to earn more with small balance thats why they keep on losing and luck is play a role in every gambling game for sure so without luck you wont get good profit

I really don't know many people has become millionaire by gambling everyday. But martingale method will not work if you play for long hours continuously with any kind of balances unless you manage manually and if you know when to stop it and take the cut of either profit or loss.
full member
Activity: 165
Merit: 100
Hello there!
March 05, 2016, 04:40:50 AM
What about a 50% chance, x2 payout, 0 house edge dice game? Any strategy?
legendary
Activity: 1078
Merit: 1000
March 05, 2016, 03:55:35 AM
Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.

But very less people will withdraw there winnings in gambling because of greediness most of the people end up all there money again back to casino. That's why today all casino's becoming rich and gamblers are becoming poor. This martingale strategy will not always works for every one because this method needs a luck to win money.

I guess not all gambler are becoming so poor, some of them still can earn a lot or even become millionaire after gambling for quite some time. This is matter of luck though. And btw martingale system will become profitable if you know how to manage your balance and your base bet well enough. Most of them just used martingale and hope to earn more with small balance thats why they keep on losing and luck is play a role in every gambling game for sure so without luck you wont get good profit
member
Activity: 112
Merit: 10
March 05, 2016, 12:51:33 AM
Martingale is much more profitable in real life gambling rather than use it online...
When a program is built to win and not to lose any other tactics wont gain you any profit...
legendary
Activity: 3472
Merit: 10611
March 05, 2016, 12:41:07 AM
Not at all... I just busted another 0.0005 tip, while running martingale strategy.

Seriously, with martingale you're risking your whole balance for 0.5% profit on your balance. Not worth it.

Martingale strategy can make you get profit if you use it short-term, don't ever use long-term because provably fair is so rigged and not fair for me.

short term or long term doesn't make any difference in gambling. it is just dependent on chance and your luck. it doesn't matter what strategy you are using, if you are unlucky you can hit that losing streak and lose all your bankroll in the first try (short term that you mention). this is what happens if the system is provably fair ofcourse not rigged to let you win at first and lose after a long time.
sr. member
Activity: 420
Merit: 250
March 04, 2016, 10:35:43 PM
Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.

But very less people will withdraw there winnings in gambling because of greediness most of the people end up all there money again back to casino. That's why today all casino's becoming rich and gamblers are becoming poor. This martingale strategy will not always works for every one because this method needs a luck to win money.

Yes, greedy always make lose gambler. Especially when using martingale, the risk double. When people earn much, they never stop to enjoy their earning, they want more and more.
legendary
Activity: 1484
Merit: 1004
March 04, 2016, 10:29:32 PM
Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.
It's hard to stop playing when you realize and think martingale are working perfectly.
You will only think to play bigger bet and bigger until you lost it again.
That is simple concept doing martingale, make you lost money in simple way too.
klf
legendary
Activity: 1344
Merit: 1000
March 04, 2016, 09:59:29 PM
Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.

But very less people will withdraw there winnings in gambling because of greediness most of the people end up all there money again back to casino. That's why today all casino's becoming rich and gamblers are becoming poor. This martingale strategy will not always works for every one because this method needs a luck to win money.
sr. member
Activity: 434
Merit: 250
March 03, 2016, 10:44:04 PM
Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.

I really agree with you. Better you stop when you get much profit using martingale strategy. make 300k satoshi from 25k is really good imo.
legendary
Activity: 1456
Merit: 1005
March 03, 2016, 10:21:43 PM
Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.
Yeah for short term. if you have luck you can get small profit with easy. so short term is the best way to do

This method only works some times but no guaranty whether it will work even of short time for every one because they will keep winning and losing steaks may be same % but you will get losing streaks more at one time but winning streaks will less. So just use this method for fun.   
hero member
Activity: 756
Merit: 500
February 29, 2016, 10:16:10 PM
If theory you could have infinite winning and infinite loosing stakes. So in the end always winner is the casino. Because you don't have infinite money.

This one use logic if you have money as the banker have you will win it using martingale but for sure you don't have it so no sense of using it, if you just playing for fun you can use it and save some when you are starting to see that you are losing it.
gon
sr. member
Activity: 460
Merit: 251
February 29, 2016, 09:49:01 PM
If theory you could have infinite winning and infinite loosing stakes. So in the end always winner is the casino. Because you don't have infinite money.
hero member
Activity: 770
Merit: 500
February 29, 2016, 09:39:00 PM
In the short term it is unless you increadibly unlucky but normally people want more and greed sets in. Anyway bascically eventually you will lose, the odds slowly catch up. Having said that if you had infinite btc this method would always work as you could always double your last bet.
sr. member
Activity: 420
Merit: 250
February 29, 2016, 07:56:44 PM
Not at all... I just busted another 0.0005 tip, while running martingale strategy.

Seriously, with martingale you're risking your whole balance for 0.5% profit on your balance. Not worth it.

Martingale strategy can make you get profit if you use it short-term, don't ever use long-term because provably fair is so rigged and not fair for me.
hero member
Activity: 518
Merit: 500
February 29, 2016, 07:44:08 PM
Not impossible to stop while ahead? I see people with 25k sat go to 300k and then stop and its easy profit.
Yeah for short term. if you have luck you can get small profit with easy. so short term is the best way to do
sr. member
Activity: 294
Merit: 250
February 29, 2016, 06:52:06 PM
Not at all... I just busted another 0.0005 tip, while running martingale strategy.

Seriously, with martingale you're risking your whole balance for 0.5% profit on your balance. Not worth it.
legendary
Activity: 1470
Merit: 1001
February 29, 2016, 06:50:56 PM
Martingale can be profitable given you have an incredibly large bankroll to back it and don't hit the max bet on a site.
Actually you might be right but sometimes even if you have more bankroll than even the whole site, still you might not get big profits and end up on the winning side of martingale, because you have to understand that they have a max bet option.
Martingale basically depends how many losses in a row you can survive,If you can survive ike 20-30 losses ( very tough though ) then you would easily profit in short term at least.

Not, you can't be sure that after 30 looses row it will change your luck and you will win. Its strange at our mind, but we can loose on 31, 32, .... 50 and more. And provably you will not have money enough to test if next could be the winner or not.
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