Whoever is using martingale to recover his loses should remember that he is taking alot more risk and like Op said, it is not a guarantee that you are going to recover what you have lost. In fact, you may lose higher because of course you are taking a higher risk because you are going to be staking higher than the initial stake.
If you don't have enough bankroll to risk, it is better to gradually play and if you recover you are lucky, otherwise try your luck next time.
Topic: Martingale betting system - page 6. (Read 545 times)
Martingale is well known as a strategy that doesn't work. You can find a lot of information in Internet in that regard (in Wikipedia without going any further) or look for it in Taleb's Black Swan for a more detailed explanation.
The variants mentioned by Oshosondy can work in the short term, but as I said it is a losing strategy in the long term, if you keep applying it ad perpetuum, as nobody has enough bankroll to recover from a losing spree that sooner or later will happen.
The variants mentioned by Oshosondy can work in the short term, but as I said it is a losing strategy in the long term, if you keep applying it ad perpetuum, as nobody has enough bankroll to recover from a losing spree that sooner or later will happen.
The more you lose the more you need higher amount of money to continue gambling if you are using martingale strategy. But you should have it in mind not to use the amount of money that you can not afford to lose to gamble. Also have it in mind that you may not need martingale strategy if you want to stay long gambling because it will make you spend little time. You can martingale with just $20 to $50. Go for $5 first, the $10 second, $20 third and $50 as the fifth. If you do not win in any of the 3 or 4 rounds, stop gambling for that week if you are not collecting more than $1000 weekly. If you collect like $500 weekly, make it up to $20 and stop gambling if you do not win in any round. If you won ones, also stop gambling for that day.
This is a common system that some that are into gambling use... it's a system where you double your bet after each loss in hopes of getting back or recovering previous losses when you eventually make profit..it might not be beneficial to everyone
Before venturing into this system make sure you have a significant bankroll, cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
Before venturing into this system make sure you have a significant bankroll, cause you may need to stake larger amounts to recover losses
You can't do this without having enough funds to spare.
Exploring this system doesn't always guarantee 100 percent success..many have lost a lot with this system and many have also made a
Lot of profit from it.. remember to always stake what you can afford and set limits for yourself
I would like get more ideas from my readers
Thanks for reading
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