Martingale strategy in Sports Betting - page 3.

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Quote from: libert19 on February 13, 2019, 04:56:15 AM

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?

I was thinking about that too, not a bad idea and near to higher possibility of win at some point. Let's take FC barcelona for example, bet only on this team and only on one league (la league). And I think about two options, stop betting after 80% of matches are played and your last bet won or follow fully and stop game on last match, continue from old condition to new season start.

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Quote from: libert19 on February 13, 2019, 04:56:15 AM

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

It can be effective "at some of the cases". Generally it's not effective to majority but it doesn't mean it has 0 chances to win. Case to case basis indeed.

I did that (somehow similar) in Directbet back then in NBA games. As a long time NBA enthusiast, that's my advantage. Im playing with @1.6 - @1.8 odds (not a literal x2 when lose). It's quiet impossible for me to lose 5 or more times in a row so the strategy is quiet effective, again "at some of the cases". Don't play on random betting since you cared for your capital.

But again, it's not recommended for those who are just trying to chase wins. My sports betting experience in basketball is purely to maintain winning stats whatever the odds is.

Again case to case basis. Don't force yourself in a strategy that is not effective to you.

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Quote from: libert19 on February 13, 2019, 04:56:15 AM

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?

In dice, sometimes martingale can lead to winning, but the strategy is extremely dangerous, so trying it not worth the risks. The reason for that is that it's very easy to lose everything with it. However, I believe that in a hypothetical situation in which a person has infinite bankroll, it's a winning strategy, since eventually you will win. As for sports betting, I think applying martingale is even harder. Let's say you bet on team A and lose. Then you double the bet on team A. The thing is that, unlike with dice, there are no clear odds of winning. Moreover, the situation changes, because team A playing against team B is different from team A playing against team C. With the odds changing and you not knowing them for sure, I think it makes martingale in sports betting even more dangerous.

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I don't think martingale strategy will be popular and succesfull to implement on sport betting since people have bad experience during use this strategy that martingale was already used for almost all of gambling games from different people but eventually most of them got busted even deep lost and i was really doubt if you use it for your sport betting then it will working well

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Quote from: libert19 on February 13, 2019, 04:56:15 AM

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?

Eventually it will, but when exactly we have no way of knowing. Now, when betting on a good team your multiplier is more likely to be x1.1. If you lost $10 fist time, you have to bet $100 next time in order to get even. If you lost second time in a row, your next bet should be $1,000 for the same reasons as before. And if you lose for the third time, you are broke, in case you don't want to continue this madness risking to be even more broke.

Compare this to dice game, when you are betting with 90% win chance. You will win eventually, no? Of course you will. But, as you can see, the situation is exactly the same.

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It's been discuss and there's some forum members also try using the system, the question here would be the type of sports gambling and how huge your bankroll, giving you an example, if you will play for GSW as a favorite from this NBA league, the odds would not be so friendly to you, so you need to compute the funds that you'll going to allocate after certain loses happened.

We do have differences with how we take the system for our own benefits, just need to consider all those aspects that will affect your system and
reassess other's points of view to build better foundations.

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Quote from: libert19 on February 13, 2019, 04:56:15 AM

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?

Martingale is a strategy developed in France back in 18th century. It is mainly a technique to recover losses one is incurring from previous bets. It is highly risky and I personally don't prefer this strategy in my gambling activities.

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You bet on a good team, it will win eventually. No?

Not necessarily! It surely increases your chance of winning but there's no assurance! If you apply Martingale strategy in any gambling activity including sports betting, it either increase your losses or recover it. So it's all a game of luck at the end of the day where no strategy works perfectly unless you are lucky!

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Well sometimes gambling can't you expect because it's totally unpredictable.

We already aware that sometimes great team able been defeat by loser team.
When you're playing on dice using winning chance 90%, are you able to achieve profit from it ?

Let's think about it !

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Quote from: swogerino on February 13, 2019, 07:40:59 AM

Only professional gamblers, tipsters and the so can make it win but only sometimes. Martingale has a bad history of making people lose money. I never seen anyone supporting this strategy yet but in my beginning I was also fashioned by it.

The results for me were poor as almost anybody else.

Exactly, this type of system is good in the beginning only, and if you continue to used it specially in sports book it will hurt you eventually. I have tried this system so many times, that I can conclude that you will lose money in the end specially if greed and you don't have control of your emotions.

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Only professional gamblers, tipsters and the so can make it win but only sometimes. Martingale has a bad history of making people lose money. I never seen anyone supporting this strategy yet but in my beginning I was also fashioned by it.

The results for me were poor as almost anybody else.

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Quote from: carlfebz2 on February 13, 2019, 07:13:11 AM

Quote from: Yaunfitda on February 13, 2019, 07:03:01 AM

Personally, I don't like Martingale System specially in sports betting, might better if you just parlays.

I would rather bet on parlays than on doing martingale and I have tried it for a couple times but it seems this strategy would only fitted fast pace games like dice and other
similar games but for sportsbetting I don't think it would really be appealing.IMHO.

Right, I haven't check the links though, but you need a lot of money just to used martingale in a sports bets so I don't know if this will fit others which bankroll is limited. I know that there's a lot of discussions of this system, and unless you haven't try in let's say dice games, you won't appreciate it's true (or not) effectiveness.

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Quote from: carlfebz2 on February 13, 2019, 07:13:11 AM

Quote from: Yaunfitda on February 13, 2019, 07:03:01 AM

Personally, I don't like Martingale System specially in sports betting, might better if you just parlays.

I would rather bet on parlays than on doing martingale and I have tried it for a couple times but it seems this strategy would only fitted fast pace games like dice and other
similar games but for sportsbetting I don't think it would really be appealing.IMHO.

I have no idea about this martingale strategy. I tried to adopt with different strategies but every-time I end up losing money hehe

I am not sure how this people all around makes money with gambling but when I gamble I play it for fun and I am ok with the lose. I am planning to gamble a little in the upcoming world cup cricket match. By the way, I gamble in sports not in those casino games.

Quote from: Yaunfitda on February 13, 2019, 07:03:01 AM

~snip~

+2 merit for the investigation.

Cheers :-)

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Quote from: Yaunfitda on February 13, 2019, 07:03:01 AM

Personally, I don't like Martingale System specially in sports betting, might better if you just parlays.

I would rather bet on parlays than on doing martingale and I have tried it for a couple times but it seems this strategy would only fitted fast pace games like dice and other
similar games but for sportsbetting I don't think it would really be appealing.IMHO.

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Quote from: libert19 on February 13, 2019, 04:56:15 AM

In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?

I think this has been discussed many years ago.

Personally, I don't like Martingale System specially in sports betting, might better if you just parlays.

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good team, less profits though. Even in sports betting, its not a guaranteed fool-proof strat.

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In dice game, there isn't any relation between dice rolls so using martingale can incur multiple losses in a raw and wipe out your bankroll but what about sports betting?

You bet on a good team, it will win eventually. No?

Topic: Martingale strategy in Sports Betting - page 3. (Read 630 times)