Topic: Martingale strategy is a failure if you are consistent with it (Read 779 times)

We all know that martingale is not actually a strategy that really works, in fact it is actually a trap on how to run out of funds in no time. There are still people who believe it works maybe because they win some without even realizing how many times they have lost with the same strategy. But then again, they can ignore it due to the fact that martingale is the fastest way to recover losses and win some all at the same time. I think they're fond with the saying "huge risk, huge return". But! it's a huge lose as well most of the time lol.

It's not worth it to use this strategy for recovering. You're holding a double-edged sword by choosing this as your way to recover. Because if someone uses martingale and then losses everything and another set of this strategy is to follow up those losses, I don't know what kind of gambler that is but an obvious addicted gambler and it's hard to control on that situation when losses are followed by losses as well and in the end it become much bigger.

We have explained this repeatedly and it is very simple, but no matter what, there are always people who insist that it works, or that they have found a variant that works. Just look at some people in this thread. They are quite profitable for casinos, lol.

Purely theoretically, the Martingale strategy always has a chance to earn a fairly large amount of money for the player. After all, if there can be long series of losses, then why can't there be a long series of wins? This can very well happen. The author of the topic, as far as I understand, makes quite a few attempts to catch this long series of wins. However, for some reason it seems to me that before the first such win, the author will lose a fairly large amount of money. This happens because long series of wins are an extremely rare event.

The problem I had too m8! I started with 10 and got to 180 and got cocky in roulette and out it all on black and lost it all lol. 😂 oh well. The 10 I can get back but man I wish I had that 180 at the time still

Even with how huge your wallet is, it's still not guaranteed. It depends on your initial bet also and still luck. Even if you have huge funds and you will get a long lose streak, those funds will vanish in just a short period of time.
OP actually has a point about using the Martingale strategy for a longer period, which will just make you high risk and high reward. I already experienced it multiple times, I lost most of the time every time I stayed longer using this Martingale strategy. Maybe it also depends on the game I am playing.

It's worst in slots. You get like 10-20 wins out of 100 rounds which means a gambler must have those high multiplier wins to receive the ROI. So if we input the Martingale strategy here, we are just going to lose more if that high multiplier will not come out and it's based on the algorithm set of the game provider which we know nothing about.

I can only see Martingale being successful in short runs with high RTP games and they are very rare. We must get out once we get that win and probably switch to a new game afterward. Because long term using this strategy is just going to ruin your capital and it will just frustrate us in the end on why we still tried to continue on.

The martingale strategy is a common betting system that gamblers use to try to recover their losses, but do you think using this strategy is  worth it. First of all consider the risks of doubling your stakes to try and chase your losses don't you think it would end up being a double loss? Casino games are quite tricky, you can't predict the outcome of the next round after losing the initial round, instead it's wise for you to maintain the same stake or consider even going below it so you don't end up losing everything you have trying to chase what is already gone

Yes, that's right bro, we shouldn't be too fanatical about strategies that you yourself are not sure about, the tricks and strategies are better than yourself because we are not the ones doing it all, maybe their strategy is profitable for themselves but not for us. profit and luck are in each of us, so remain careful in gambling, don't get caught up in failure which will make us lose a lot of money, sometimes we can stop in the middle when we are on a losing streak, maybe not today good luck comes to us, we can try again tomorrow, don't be lustful on the same day after being defeated in a row, we are left sleeping in losses.

I have been gambling in casino for more than a year or two now, this is true. I have tried many strategies but I noticed that I lost money than win. Thank goodness that I am using small amount of money for it. Martingale strategy was the first strategy that I tried out and it went into a failure. I tried some other strategies and all failed also. It is good to always know that once you deposit money on a casino, the chance to win and withdraw money is very low. Most likely the money deposited will end up as loss.

Every strategy doesnt give out assurance that it would really be something give that iwnning thing on which means that you should be wary at least that no strategy does give out that sure profits or winning.
I do agree into the words you've said about burning money strategy when we do speak or talk about martingale on which this is indeed true because on the moment that you would be losing up a roll
then you would be doubling up your base bet and so on. Yes, it could be profitable but once that losing streaks hit you up then it would really be something that will be ending up on a blown gambling account
or simply your gambling capital or bankroll would vanished in thin air. I have that worst experience on using up this strategy on which i could say that this is the fastest way on blowing up your gambling bankroll. lol

Actually this is something a strategy that is commonly used on dice,crash games and other casino based type of games. Being consistent with it? Its not bad as long you do have that budget
allocation for gambling session and wouldnt be ending up on depositing more on the time that you have blown it all. Play according into your leisure needs and never intend to chase up loses
because this is something that will make things even more messier.

Calling martingale a strategy is like calling burning money a strategy. Most people gamble because they want to get rich, which suggests that they are starting with a comparatively small pool of money, and most big casinos will have quite large reserves which are many times bigger than the average player. If we are considering that every play is equivalent to a 50/50 chance of winning (it's not - the house always has at least a slight advantage), then you are guaranteed to run out of money long before the casino runs out of money, it's a simple numbers game. It also relies on greed, which is where the casino always makes it's money back - a player simply doesn't know when to take the money and run.

You are probably right about this the martingale betting system only works those that have unlimited amount of money but no matter how rich you are you wouldn't be able to risk up to a certain amount. Casino games are very unpredictable and some days they might just be out to wreck people. What if you keep on doubling trying to recover and each round you stake on keeps going sideways. The disadvantages of this betting system outweighs the advantages. Gamblers should just stick to betting with what they can comfortably afford to lose

What is going on if you do that experiment is that you have not simulated enough spins of the roulette, so if you were to only simulate a few hundred spins or even a few thousands, there is still a good chance that you could earn money with the martingale strategy, however if you were to simulate one million spins, then regardless of the number of times you ran the simulation, you will always lose, showing that over the long term the martingale strategy always losses.

Martingale methods works mostly when you have enough enough funds in your account but using only the initial deposited fund to gamble may not give you exact what you wanted, let say if wanna do that 10$ deposit can't actually solve it maybe depending on your pocket or how much you made deposit to start playing bet.
To me I don't really follow that principle because I don't fund above my budget why because it's easily create ways for lost except you have discovered easy way to keep winning which I know there is no easy way than being luck.

Yes thats actually true, the strategy is not a failure but the Gambler failed to reap of his profit, but rather continue due to greediness. That is where the problem comes and we often don't admit to it that greed is the most cause of total lose. From $3 -$6 upto $25 if am not mistaken and yet after 4 to 5 consecutive time all was lost to zero. I think if the gambler withdraw his profit when it was high he wouldn't have called it a failed strategy. For me any strategy that multiplies your bankroll to%100 or to %200 above is worthy to be called a good strategy and not a failed strategy. Our problem is greedy because if for example he staked with a higher bankroll $3k instead of$3 when he made that $25 it was supposed to be $25k so it's a nice strategy for me.

If you test Martingale on some simulators, the initial bets of $3-7 with a bankroll of $10,000 and a bet of "always on red" can bring a profit of several hundred dollars. But it seems to me that casino game simulators still differ in real odds from the real game. Casinos have rules that limit the maximum bets. In addition, you can win a good amount of money 30 times and lose it all in one go. This is the Martingale strategy. The main problem is that you can risk a bankroll of $10,000 for a win of a few dollars.

Casinos love the martingale strategy, and that is because while on the short term the martingale strategy may seem to work, since you are recovering your money and a little bit more every single time, eventually if you keep playing long enough, you will lose all the money you had at the casino, as you cannot double your bet anymore, and that is when the gambler will realize that martingale is not the perfect strategy they thought it was, and in fact they will lose way more money with it than if they just kept their bets consistent.

Casinos would really be normally be finding up ways on how to mess up those kind of strategies that could possibly milked up their business and we do know that its been long time that this Martingale strategy isnt something that working in the first place. Never ever on this field or industry on which does proves out that this strategy does really work. It all matters on here on how you would really be able to make yourself that be able to get out or take profits on the time or moment that you are on such condition or simply in winning state. Dont make yourself that being too confident on the moment or time that you will really be winning up
because those winnings would really be totally bust up instantly once you would be able to experience that long losing streak on which this is the only way on blowing up your gambling account balance.

There's no holy grail strategy that could give out advantage towards your gambling sessions because never ever in this industry that they will really be that allowing such strategy could
milk out their business. Somehow there would really be those individuals or lucky gamblers who do make out such big wins without making use of any strategy available but rather
they do simply make out some bets on a casual way and able to hit up some nasty wins.

This system can make or break you, gambling is all about taking risks but it's better to take responsible risks. Using the martingale system in casinos can be very risky,, if you lose a bet and you double up to play the next round what makes you think that the outcome is going to be in your favor. It's 50/50 you might end up losing again and that's going to make you keep trying, multiple trials can empty your account balance.. being consistent with this betting system isn't going to put you in profit, run from it.