Martingale is tough.
If you start with 100 units and set the starting bet to 1 unit, you need only 7 straight loses before losing it all.
It's not so likely but it really could happen, some mistakes, a couple of surprising results and you're out.
Topic: Martingale Basketball Betting System - page 7. (Read 5156 times)
It is good method only if your predicitions are good if you have bad predictions and missing really often then it is not really profitable system it deends on you.
I made money by trying this method for a while. I want to test it here.
Suppose I have $ 100
Suppose I have $ 100
Are you testing this method with money or just taking notes? I don't think it is good method, lets say this way: if you win for 2 months every day in row you will earn 60$. If you miss only 6 times in row you will lose more than half bankroll and you wont be able to continue martingale.
Anyway, i don't know why are you testing this method, it is proven fail back in 18th century.
29-01-2017 04:30
Golden State Warriors - L. A. Clippers
Under 221.5 odd:2.00
bet:1$
Cedevita - Alba Berlin
Over 168.5 odds:2.00
bet:1$
Over 168.5 odds:2.00
bet:1$
sorry for delaying, result as 99:83
Cedevita - Alba Berlin: 99-83
Assets: 103$
chart is coming soon.
The biggest issue is that you are not getting the same odds across the board for your bets.
Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
The solution for that would be to make Asian Handicap bets of 1.9x or 2x on the teams or betting over/under on the odds closest to 2x. That way Martingale could work. Hopefully you are good at that because I have seen people lose 5-10 times in a row. If that happens your bankroll will take a big hit and recovery will be hard. You can effectively martingale only 6 times if your bankroll is 100$'s and you start with 1$ and if you lose 6 in a row you are in a heap of trouble. Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
I think this could be effective, but only if you choose your games carefully. If you just make random bets in basketball, without research, it's the same as doing it in a casino I think. Bookies still have their margin for profit, so you can only win if you choose your bets well, and they are ev+.
Using martingale will probably reduce the loss in unlucky but still good bets, so I think it's a good system. Never tried it though.
Also I have another challenge for you. Why not also try our Tipster Championship? You can't use martingale there, because we limit the bets for the competition between 1% to 5% of current bankroll, but it's another way of testing your betting skill and get even more profit, since you will be receiving prizes on top of your bets. Amazing added value to your bets.
You can try to bet only @2, this way you will have a good notion of your hit ratio, at the end of our competition.
Here is the link for registration:
https://bitcointalksearch.org/topic/xii-free-tipster-competition-sponsored-by-directbet-registration-thread-1248467
Using martingale will probably reduce the loss in unlucky but still good bets, so I think it's a good system. Never tried it though.
Also I have another challenge for you. Why not also try our Tipster Championship? You can't use martingale there, because we limit the bets for the competition between 1% to 5% of current bankroll, but it's another way of testing your betting skill and get even more profit, since you will be receiving prizes on top of your bets. Amazing added value to your bets.
You can try to bet only @2, this way you will have a good notion of your hit ratio, at the end of our competition.
Here is the link for registration:
https://bitcointalksearch.org/topic/xii-free-tipster-competition-sponsored-by-directbet-registration-thread-1248467
Cedevita - Alba Berlin
Over 168.5 odds:2.00
bet:1$
well mate if you will continue to bet like this and if the odd will be the same i guess yes you will able to manage your system as we knew how martingales works you really needed to double your bets after losing from your previous games, if this system as we all understand it will not be effective for long because losing streak will always there behind. Over 168.5 odds:2.00
bet:1$
I dont think martingale method would be ideal to use on sports betting since its not really the same as dice.For me i dont think it would be effective but if its works for OP then its really great. Lets say you lose the first bet and now you lose the 2nd one and so on,i dont think it would work but such a waste of time.Better to play according on your analysis on each team.
If +ev its fine, its not the most effective strategy though. You'd end up not using your time and bankroll the best ways possible. For a bit of fun i like it though and have done something similar before.
Cedevita - Alba Berlin
Over 168.5 odds:2.00
bet:1$
Over 168.5 odds:2.00
bet:1$
23/01/2016 Toronto Raptors - Phoenix Suns
under 218.5 Odds:2.00
Bet:4$
Remain: 94$
under 218.5 Odds:2.00
Bet:4$
Remain: 94$
Toronto Raptors - Phoenix Suns
103-115
OP, if you are sure about your winning chances and have complete analysis of your sport, then I think there is nothing that can stop you from winning and making higher profits. But even in basketball, I am seeing surprising results just as I see in Tennis, even the best teams are losing against underdog opponents, so be very confident before moving ahead when you follow martingale, because you lose more if you lose constant, and only win the first bet even after 10 losses and 11th win.
I made money by trying this method for a while. I want to test it here.
Suppose I have $ 100
You mean you are going to bet in Baseket ball you want there? if you see the odds of higher make sure that you are going to play your bets on the lower odds because its 80% sure win they had 20% change of lossing so you can make profit there depends on your bet. Suppose I have $ 100
The biggest issue is that you are not getting the same odds across the board for your bets.
Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
i have done this kind betting style applied in sports , the result good enough.Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
to get over the different odds in every event you can adjust the bet amount to make it feel like having 2x multiplier.
at least doing martingale on sportsbetting much better than have to do it on dice. good luck btw.
But if you are adjusting the bet size, you are not really doing martingale anymore.. The whole idea is that you keep doubling so you always win what you bet in the first place.
I agree that if you can find games with similar odds, the chances of going bust while doing martingale are much lower in sports as the outcome is kind of more predictable.
adjusting your bet amount to get profit doubled , not to make your bet amount doubled anymore.
yeaaa sportsbetting is the closest game to 'predictable' even though some people don't like sports and have still lot of doubt.
I think if you know how the system works but you cant predict it. It is all about luck and feeling dude! you cant really cheat over codes and computer think about it. But as long as you are lucky then you will win no matter what that is all about in gambling . You do have luck right now but tomorrow you dont have
The biggest issue is that you are not getting the same odds across the board for your bets.
Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
i have done this kind betting style applied in sports , the result good enough.Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
to get over the different odds in every event you can adjust the bet amount to make it feel like having 2x multiplier.
at least doing martingale on sportsbetting much better than have to do it on dice. good luck btw.
But if you are adjusting the bet size, you are not really doing martingale anymore.. The whole idea is that you keep doubling so you always win what you bet in the first place.
I agree that if you can find games with similar odds, the chances of going bust while doing martingale are much lower in sports as the outcome is kind of more predictable.
adjusting your bet amount to get profit doubled , not to make your bet amount doubled anymore.
yeaaa sportsbetting is the closest game to 'predictable' even though some people don't like sports and have still lot of doubt.
The biggest issue is that you are not getting the same odds across the board for your bets.
Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
i have done this kind betting style applied in sports , the result good enough.Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
to get over the different odds in every event you can adjust the bet amount to make it feel like having 2x multiplier.
at least doing martingale on sportsbetting much better than have to do it on dice. good luck btw.
But if you are adjusting the bet size, you are not really doing martingale anymore.. The whole idea is that you keep doubling so you always win what you bet in the first place.
I agree that if you can find games with similar odds, the chances of going bust while doing martingale are much lower in sports as the outcome is kind of more predictable.
adjusting your bet amount to get profit doubled , not to make your bet amount doubled anymore.
yeaaa sportsbetting is the closest game to 'predictable' even though some people don't like sports and have still lot of doubt.
The biggest issue is that you are not getting the same odds across the board for your bets.
Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
i have done this kind betting style applied in sports , the result good enough.Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
to get over the different odds in every event you can adjust the bet amount to make it feel like having 2x multiplier.
at least doing martingale on sportsbetting much better than have to do it on dice. good luck btw.
But if you are adjusting the bet size, you are not really doing martingale anymore.. The whole idea is that you keep doubling so you always win what you bet in the first place.
I agree that if you can find games with similar odds, the chances of going bust while doing martingale are much lower in sports as the outcome is kind of more predictable.
adjusting your bet amount to get profit doubled , not to make your bet amount doubled anymore.
yeaaa sportsbetting is the closest game to 'predictable' even though some people don't like sports and have still lot of doubt.
The biggest issue is that you are not getting the same odds across the board for your bets.
Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
i have done this kind betting style applied in sports , the result good enough.Martingale is based on the fact that you always have the same return if you win. If you bet with sportsbetting at 1.77 and the next at 1.82, there is already a difference. Suppose you lose the 1.82 bet and then win the 1.77 bet with double the amount, you have to start over from the first amount but your winnings are not one bet more than what you lost.
to get over the different odds in every event you can adjust the bet amount to make it feel like having 2x multiplier.
at least doing martingale on sportsbetting much better than have to do it on dice. good luck btw.
But if you are adjusting the bet size, you are not really doing martingale anymore.. The whole idea is that you keep doubling so you always win what you bet in the first place.
I agree that if you can find games with similar odds, the chances of going bust while doing martingale are much lower in sports as the outcome is kind of more predictable.
adjusting your bet amount to get profit doubled , not to make your bet amount doubled anymore.
yeaaa sportsbetting is the closest game to 'predictable' even though some people don't like sports and have still lot of doubt.
I've been playing sports bet more than a month but I don't see martingale system will work in sports bet. My only strategy is bet to the great team thru moneyline in that way I'm sure I can earn
the idea of martingale is to double your bets after losing from previous game it will work but the odd will not help you to achieved the goal since in most sports games odds for favored team is much lower and because chances of winnings is really big for favored team its hard when you lose recovering your initial really be affected. I think this strategy will really take time but something new in my ears . I dont like doing martingle on dice sites but on sports betting why I shouldn't give it a try even in just small amount and let see what will happen next , thanks for this idea buddy hope that were both gonna win this thing
martingale strategy, technically works anywhere. it is not limited to dice. you can even use that strategy in trading because the basics is when you lose some money and then in your next move increase the amount to cover the loss too. simple as that.
but the fact that you don't see martingale outside of dice is because in anything else (trading, sports betting,...) you don't really need strategies like this because each move is an individual move, regardless of previous and you have to think about each move.
Jump to: