A big LOL to this one. For the others, long as you have a big bankroll, you can make profit. That's it. Just have an infinitely big bankroll 
Now that I am thinking about it, I wonder if there's a casino with the biggest possible wager that would allow to maximize such a Martingale strategy? I know 999dice has 40 BTC max profit so that's 40 BTC on a x2 martingale which means you could go for a 36-streak martingale on x2 payout, starting at 1 satoshi and 36th bet at 34.36 BTC.
I suppose you could go all day autobet. Chances of hitting a losing streak 36 times in a row is 1 in 34 billion or something because of house edge.
If you can do 100k bets a day = 50,000 satoshi profit average daily.
Chances then become that you bust 1 every 34,360 days, almost 100 years.
So if you only play for 1 year, you have a 1 in 100 chance of busting that. If you get away with this. you make BTC 0.1825
Worth risking 40 BTC?
First of, you need more than 40 BTC in your balance for using this strategy. To beat a losing streak of 36 times in a row with 1 satoshi as initial bet you need to have 2 to the power of 36 sats:
2^36 = 68,719,476,736
So, as you can see, it's 687 BTC which is much more than 40.
Secondly, although no less significantly, is wearing-out of your equipment working 24/7.
Although we can neglect the power consumption because it is $0.5 per day max for a laptop, I think no one would risk 687 BTC in order to earn 50k sats daily.
To prove how much you're going to be risking just to earn a small amount of money in martingaling, let's do the whole math to this:
(since the basebet = 1 satoshi, I didn't include it in the formula. The formula should have been, 1 satoshi x 2^0, 1 satoshi x 2^1, 1 satoshi x 2^2, and so on.)
Bet Number
A big LOL to this one. For the others, long as you have a big bankroll, you can make profit. That's it. Just have an infinitely big bankroll Now that I am thinking about it, I wonder if there's a casino with the biggest possible wager that would allow to maximize such a Martingale strategy? I know 999dice has 40 BTC max profit so that's 40 BTC on a x2 martingale which means you could go for a 36-streak martingale on x2 payout, starting at 1 satoshi and 36th bet at 34.36 BTC. I suppose you could go all day autobet. Chances of hitting a losing streak 36 times in a row is 1 in 34 billion or something because of house edge. If you can do 100k bets a day = 50,000 satoshi profit average daily. Chances then become that you bust 1 every 34,360 days, almost 100 years. So if you only play for 1 year, you have a 1 in 100 chance of busting that. If you get away with this. you make BTC 0.1825 Worth risking 40 BTC? First of, you need more than 40 BTC in your balance for using this strategy. To beat a losing streak of 36 times in a row with 1 satoshi as initial bet you need to have 2 to the power of 36 sats: 2^36 = 68,719,476,736 So, as you can see, it's 687 BTC which is much more than 40. Secondly, although no less significantly, is wearing-out of your equipment working 24/7. Although we can neglect the power consumption because it is $0.5 per day max for a laptop, I think no one would risk 687 BTC in order to earn 50k sats daily. Martingale is suicidal even if you have lots of money. The table limit will prevent you from martingale to a very high stake and I have seen streaks that last over ten times in a row. A better way is to wait for a trend to emerge and bet on the trend. I have better luck doing this than martingale. Phrase in bold is true cruel reality Martingale is prevented by bet limit Imagine, you are a casinò.. you have many players, its easy make statistics and setup a right bet limit What do you think about this? I am not seeing any possibility for martingale to work different for roulette from dice gambling. In dicing, we need infinite bank roll to withstand whereas in roulette we must have no table limit to have high stakes. Both are impossible in real life scenarios. In summary, a mathematical formula (here we do call as strategy) will not have different behavior just due to different environment (due to roulette gambling). Martingale and Roulette is same as Martingale and Dicing. Martingale is suicidal even if you have lots of money. The table limit will prevent you from martingale to a very high stake and I have seen streaks that last over ten times in a row. A better way is to wait for a trend to emerge and bet on the trend. I have better luck doing this than martingale. Phrase in bold is true cruel reality Martingale is prevented by bet limit Imagine, you are a casinò.. you have many players, its easy make statistics and setup a right bet limit What do you think about this?
Martingale is suicidal even if you have lots of money. The table limit will prevent you from martingale to a very high stake and I have seen streaks that last over ten times in a row. A better way is to wait for a trend to emerge and bet on the trend. I have better luck doing this than martingale.
A billionaire could easily bankrupt a casino if there wasn't a maximum bet. It's nearly impossible to lose 40+ bets in a row so the martingale strategy is sound in theory but the casino limits make it not plausible. It is obvious they are not going to allow that, the casinos know very well the math behind their games and they know that the minimum bet and the maximum bet limit your ability to use any kind of betting system to beat the house in the long term.The only casino game I know of that ever had odds over 50% was when card counters used to play blackjack, this has been pretty much dead since casinos added multiple deck shoes. However I will disagree when you say that it is almost impossible to lose 40 times in a row, the chances of that happening are very low but it is not impossible, a person that gambled long enough will eventually see that result eventually emerge, just to give you an example I have seen the same number on the roulette appearing 5 times in a row and I do not think it was a roulette that was manipulated. I think I had tried martingale just for fun once with tiny amounts of money. It just plain doesn't work unless you have an infinite amount of money. Most of the casinos will have a maximum bet limit so even though you have an infinite amount, not sure you will win in the long run. Once you lose few times in a row that maximum bet than not sure how long you may need to roll to get back that money. So this method is only good for fun not to make money. A billionaire could easily bankrupt a casino if there wasn't a maximum bet. It's nearly impossible to lose 40+ bets in a row so the martingale strategy is sound in theory but the casino limits make it not plausible. The only casino game I know of that ever had odds over 50% was when card counters used to play blackjack, this has been pretty much dead since casinos added multiple deck shoes. That's the thing about gambling sites, they are made as so that the dealer will eventually win. That's one of the reason why martingale is a not so good betting strategy in gambling. If you want to win, there really isn't what they called strategy. It all comes to the same ending if a gambler doesn't know when to stop. In martingale the longer you play, the lesser the chances you have on winning. That means more money that you'll likely lose in just a short period of time. Not at all fun, if you ask me. I think I had tried martingale just for fun once with tiny amounts of money. It just plain doesn't work unless you have an infinite amount of money. Most of the casinos will have a maximum bet limit so even though you have an infinite amount, not sure you will win in the long run. Once you lose few times in a row that maximum bet than not sure how long you may need to roll to get back that money. So this method is only good for fun not to make money. Well i don't think there's actually any method that will work for you if you plan on making gambling your bread and butter. Gambling just isn't meant to be that way i think. And casinos won't let you beat them as well. Nothing much may work just think how will it decide which color will come next whether red or black? It can be any random color depending upon the luck or may be if their is any trick done by the owner then accordingly it will come and bets would be lost majority of them so that owner can make money. I think I had tried martingale just for fun once with tiny amounts of money. It just plain doesn't work unless you have an infinite amount of money. Most of the casinos will have a maximum bet limit so even though you have an infinite amount, not sure you will win in the long run. Once you lose few times in a row that maximum bet than not sure how long you may need to roll to get back that money. So this method is only good for fun not to make money. Well i don't think there's actually any method that will work for you if you plan on making gambling your bread and butter. Gambling just isn't meant to be that way i think. And casinos won't let you beat them as well.
They used to work a long time ago in offline casinos. Together Martingale plus Roulette and a real big amount of cash in your hands would have made you to come out victorious from the casino. Since betting limits were in place this strategy won't work anymore and everyone knows this.
In online casinos everything is controlled electronically and even if you place 100 bets on red the results may be 100 times black, something impossible in real life. I think I had tried martingale just for fun once with tiny amounts of money. It just plain doesn't work unless you have an infinite amount of money. Most of the casinos will have a maximum bet limit so even though you have an infinite amount, not sure you will win in the long run. Once you lose few times in a row that maximum bet than not sure how long you may need to roll to get back that money. So this method is only good for fun not to make money. A billionaire could easily bankrupt a casino if there wasn't a maximum bet. It's nearly impossible to lose 40+ bets in a row so the martingale strategy is sound in theory but the casino limits make it not plausible. The only casino game I know of that ever had odds over 50% was when card counters used to play blackjack, this has been pretty much dead since casinos added multiple deck shoes. Hi guys is there anyone knowing anything about Martingale strategy? I'm new on it and i'd like to start to use it in online roulettes. Do u think that it worth trying using it if my budget is roughly 2k£? I found this guide https://casino.guru/roulette-scam-strategies and they say it's better not to use it; but i have friends who won real money thanks to that. Can anyone giving me any further info about? Thanks very much  If you will play for a short time martingale will be effective to you, you can search it in YouTube how martingale works. Don't play long term and also have a reset bet don't martingale loses you have. There are lots of strategy martingale is not one of the best so I prefer you look for other strategy other than martingale.
About examples of application of the Martingale theory in practice, you can read here: http://sportstatist.com/the-pitfalls-of-martingale-money-management-strategy/
I think I had tried martingale just for fun once with tiny amounts of money. It just plain doesn't work unless you have an infinite amount of money. Most of the casinos will have a maximum bet limit so even though you have an infinite amount, not sure you will win in the long run. Once you lose few times in a row that maximum bet than not sure how long you may need to roll to get back that money. So this method is only good for fun not to make money. IMO martiangle on roulette is not fit because the range is too far. yes, I think the martingale strategy is more suitable for playing dice because by doing this strategy we can manage the betting money we have well even though this strategy is quite risky but this strategy has been widely used by gamblersSimple gamble type like dice is the suitable one. Even the experienced gamblers, I can guarantee that many of them dislike using martiangle on their gameplay It's not. Martingale works in your normal life, but it doesn't work in online gambling where wins are calculated by a computer that does it for all players at once every second. If you throw a coin and martingale the strategy will seem to work. Try doing it in online gambling like dice and you'll go broke. IMO martiangle on roulette is not fit because the range is too far. yes, I think the martingale strategy is more suitable for playing dice because by doing this strategy we can manage the betting money we have well even though this strategy is quite risky but this strategy has been widely used by gamblers Simple gamble type like dice is the suitable one. Even the experienced gamblers, I can guarantee that many of them dislike using martiangle on their gameplay
IMO martiangle on roulette is not fit because the range is too far.
Simple gamble type like dice is the suitable one. Even the experienced gamblers, I can guarantee that many of them dislike using martiangle on their gameplay I wouldn't even think of using that strategy in any type of game. There was a thread about Martingale strategy and you can read from there different experience of different gamblers who tried to use Martingale strategy in different games. Bottom line, it didn't work. They ended up losing. Remember, it's a game of chance, no strategy can beat that or else it will be a game of strategies. True, at first the system may seem to work and even to seem flawless, but for the martingale system to finally break you will have to play for a long time, this is why those that only employed the system a few times indicated good results but for those that actually adopted the system and used the system for a long time the system eventually failed and their losses probably amounted to all their capital.This is one the good things of math, many think of math just as a hard subject they learn at school not understand they can predict outcomes with it and improve their lives if they choose the better ones, and using the martingale system is definitely a mistake when gambling.
I think I had tried martingale just for fun once with tiny amounts of money. It just plain doesn't work unless you have an infinite amount of money.
The problem is exponential growth of bets. If your first bet is black.... You have a more than 50% chance of losing it right away. Even if you win 3 times in a row, you can easily lose everything on the 4th time. Say that you win 3 times.... take profit and then try it all over again. You're still relying on luck. You still haven't won anything unless you remove the winnings from your budget and you still only won because you were lucky against the odds. Well it would be 50% but if you add provably fair on the casinos, the advantage they have, it would seem like less than 5% of the advantage of the casino is against the player. And the more you play the more larger that percentage is and that’s what I think is going on if you play in the long run. of course we imagine a fair casino.. but if we have starting hash for provably fair.. much casino (i mean fiat casino) dont have provably fair sometime finance police of italy bust not honest video poker holder (they crack machine for decrease % of win) Jump to:
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