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Topic: Martingale strategy is a failure if you are consistent with it - page 6. (Read 1117 times)

legendary
Activity: 2562
Merit: 3477
This strategy is double the wage to gain back the losses and double the losses once you fail to win the game, I do strategy of martingale is once I won after lose streak I make another bet from the start like if I wage and lose I use this strategy and then once I earned back my loses and take at least small amount of profit ill go back to the original strategy, well sometimes its quite effective in my part but sometimes of course not, so I keep changing games than taking this strategy.
In my case, I only use martingale when already desperate to gain back fast what I already lost. It would be good if the outcome is what you expected it to be however we know the chances are 50-50 (i'm playing baccarat btw). If you use this strategy, might as well be prepared to lose and refrain from having a high expectation. This is from my experience before since I rarely gamble nowadays due to loads of work. Often, i'm just playing once a week depending if I have a capital.
I would say that all people use the Martingale strategy mostly out of desperation. The Martingale strategy is based on the desire to win back. However, such a desire very rarely leads to the required results. More precisely, this can sometimes lead to positive results, but it would be better if this did not happen. A person who won thanks to the Martingale strategy won by chance, but it begins to seem to him that this is not so, that there is a pattern in his winnings that can be repeated. In the end, that's what he tries to do. As a result, he faces inevitable collapse.
hero member
Activity: 1694
Merit: 691
Vave.com - Crypto Casino
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

I just hope that your next experience is more enjoyable and controlled. Keep playing wisely and enjoy the game!

I understand how exciting the game of roulette can be, it's simplicity and tranquility. The Martingale strategy is widely used due to its straightforward principle: double the bet after each loss with hopes of recovering previous losses and coming out on top with a small profit. But as you've come to realize, it can also spell high risk.

Losing all your money after five consecutive wins without winning can indeed be disheartening, especially after a few initial victories. This starkly underscores the monumental risks tied to the Martingale strategy, the obligation to double down every time you lose ensures a swift path towards substantial losses.

I get that even though you lose, you like the game. Roulette can be very entertaining and has its own share of thrill. However, remember to always play smart and set limits for yourself when playing.

copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
Back then I Played a crash and used this Martingale strategy I just barely knew the strategy hahaha what I know Is just put more bets when I lose and it only happened in Crash and here is my bet history at the end of the image I try to go all in and lose it all hahhaha.
and for today I just knew that you can use try this strategy on futures trading or other derivative trading

legendary
Activity: 2352
Merit: 1121
☢️ alegotardo™️
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

Martingale is a very interesting strategy, but it only works if you combine it with very strict risk management.

Imagine that you have a bankroll of $50, if you start by betting $15 the first time, on the second try you will have already bet more than half of your budget. I say from experience that you need to have a budget to sustain losses of at least 10 consecutive bets.

It is necessary to recognize that the Martingale strategy is not miraculous, it does not last forever and it is often better to leave the game and make the profit while it still exists.

Another way to minimize Martingale risks is to set a maximum multiplication value and whenever you reach it, save half the value or return to the initial bet. Make sure you don't risk the money you earn.
hero member
Activity: 3010
Merit: 629
This strategy is double the wage to gain back the losses and double the losses once you fail to win the game, I do strategy of martingale is once I won after lose streak I make another bet from the start like if I wage and lose I use this strategy and then once I earned back my loses and take at least small amount of profit ill go back to the original strategy, well sometimes its quite effective in my part but sometimes of course not, so I keep changing games than taking this strategy.
In my case, I only use martingale when already desperate to gain back fast what I already lost. It would be good if the outcome is what you expected it to be however we know the chances are 50-50 (i'm playing baccarat btw). If you use this strategy, might as well be prepared to lose and refrain from having a high expectation. This is from my experience before since I rarely gamble nowadays due to loads of work. Often, i'm just playing once a week depending if I have a capital.
legendary
Activity: 3052
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
By theory, martingale strategy will work if you have a lot of money, while in this case you didn't have a lot and you try to use martingale strategy, it's why your money can run out fast. I'm not saying that martingale strategy is a legit strategy to win in gambling, but you didn't meet the requirement to use martingale strategy, so we don't know how it will goes when you have a lot money.
Nope, it doesn't. You are just risking more money that way. It doesn't work even in theory like some people suggested. It's mathematically flawed. Martingale would only work if you had INFINITE amount of money, and not only would you need to gamble then, it's just scientifically impossible concept to have infinite amount of money.

And i see this argument all the time that it works for a while and then it doesn't, so you need to stop in time. That's not true either. Sure, if you choose low odds, you have higher change to win, but because it's low odds, you are just risking more money for less profits. All kinds of variations of martingale are mathematically proven not to work. It's not something we could argue about.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
This "strategy" has always been a joke and is just something that losers cling to in order to pretend their is some logic to their madness. A strategy where you keep doubling up simply stops working whenever you inevitably run out of money and you will always run out of money much sooner than the casino does. They say that repeating the same thing over and over again while expecting different results is the definition of insanity, then this is an extension of that. You probably have better odds of winning the lottery than making any sort of sizable return by using this technique, you are much more likely to end up emptying your wallet and even borrowing more money to waste away if you try to use it.
You can also run Martingale strategy with some modifications, like instead of doubling the bet size on each loss, you increase it a little less, or doesn't increase it at all on every consecutive losses. You can mix Martingale with random bets and see what happens... There are so many possibilities, although I fear it's inevitable you keep increasing your bets on losses within time, otherwise you won't make any profit in gambling, anyway, neither on short run, neither on long run. Many veteran gamblers don't like Martingale, but I ask how can they play without using this strategy somehow?

I think it's not possible. It's bad to gamble with Martingale, but worst without it, I suppose. So you have to choose the lesser evil in this case when choosing what strategy to apply to your gambling session.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
This "strategy" has always been a joke and is just something that losers cling to in order to pretend their is some logic to their madness. A strategy where you keep doubling up simply stops working whenever you inevitably run out of money and you will always run out of money much sooner than the casino does. They say that repeating the same thing over and over again while expecting different results is the definition of insanity, then this is an extension of that. You probably have better odds of winning the lottery than making any sort of sizable return by using this technique, you are much more likely to end up emptying your wallet and even borrowing more money to waste away if you try to use it.

Martingale strategy is an old strategy used in gambling games. If you used this strategy before, you will understand that in your session, it may or may not work. Also, if you will not exit when you already won something, small or big, later on, you will also lose whatever winnings you have or your losses will catch up your winnings. So this strategy may work for some time but don't expect that it will work for you every time you think you will win the next big multiplier you will place. This is why, no one guarantees any known gambling strategy not even martingale to be a sure strategy to acquire your winnings from your bets.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.
As long as you have enjoyed the game, that's all that matters if you have anticipated that using martingale will get you nowhere but to lose it. If you are going to gamble more with roulette and with that strategy, you know what's going to be the outcome of it and that's for sure going to be another series of losses on your end. So, just think of it that you've done well and you enjoyed the small bankroll that you have started with and that's all that matters then.
sr. member
Activity: 1439
Merit: 380
Bitcoin Casino Est. 2013
Thank you Oshosondy for sharing your experience. As for me, the first time I went to a online casino, I mate played roulette, and because I had heard so much about the Martingale strategy, I decided to test it. I lost 11 times in a row. I came to the conclusion that this strategy is good for quick in and out betting but long term the odds remain the same. It’s still the best overall approach. Just realize that when you start with $2, you lose in a succession. All those bets are simply to win back your initial $2 which I consider a slow growth.

Eleven times in a row seems almost impossible, but I lost once ten times in a row too. It that's hard to bear in general, so imagine if you followed the martingale strategy...

If you are lucky you can beat the house in a few games, but the longer you play the bigger the chances to lose. The problem is that if you go all-in you don't enjoy the game, and there is no second chance if you lose, but if you play infinite times big numbers theory states that you will end up losing for sure. So the clue is in the balance, and martingale doesn't work because it is not balanced: it tempts fate too many times.
It is very possible, if we are unlucky - we could even lose more than 20 times in a row with martingale system.
Dont forget that the previous results will not influence the future outcome, e.g:
(Roulette) Red has won 9 times and for the next round the chances of Red and Black are still the same 50-50.

To use the Martingale system, it is highly recommended to have a fairly decent balance, because using Martingale with a small balance will only speed up our losses.
legendary
Activity: 2688
Merit: 1192
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

This "strategy" has always been a joke and is just something that losers cling to in order to pretend their is some logic to their madness. A strategy where you keep doubling up simply stops working whenever you inevitably run out of money and you will always run out of money much sooner than the casino does. They say that repeating the same thing over and over again while expecting different results is the definition of insanity, then this is an extension of that. You probably have better odds of winning the lottery than making any sort of sizable return by using this technique, you are much more likely to end up emptying your wallet and even borrowing more money to waste away if you try to use it.
legendary
Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
The goal is that you try Martingale to wager or want to double a certain amount (bet), but regardless of that, its use is defined by the size of the bet versus your bankroll, ithe other criteria have been explained ad nauseam are speculation.

 Martingale is a mathematical function, that's simply.
hero member
Activity: 2730
Merit: 632
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.
The only issue or thing or problem with martingale is on the time that you would be able to experience those consecutive loses on which we know that this is something to be unknown on how long those
losing streaks would hit you considering playing up on roulettes doesnt mean that you cant be able to hit up 5-10x loses. Martingale is good but not something that you could rely on, we do know that when it comes to strategies that giving out that advantage against the casino doesn't really exist. You might be able to win up some money in first few tries but dont make yourself that getting confident that it would really be
working like a charm. Doubling your bet on the moment you do lose a bet? It doesnt matter on how small or big your capital or bankroll would be, on the time that that you would be suffering loses
then you cant be able to sustain or you would really be blowing up your entire balance in short time period.

Well, if you would really be that lucky then you could make money with martingale. The only issue on here, is that it would really be just that depending on how mindful you are
on securing profits when you are in green which its unlikely for someone to do it along the way.
legendary
Activity: 2436
Merit: 1104
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.
Martingale is a failure if you have limited funds and the casino you are gambling at has a maximum bet amount per "roll".

if you have very limited and somewhat a small fund and want to use Martingale (for some reason) lower the amount of your bet per "roll", that way you don't quickly lose all your funds and can gamble longer using Martingale. you can also use altcoins to bet if you want to make the amount of your bet a lot lower.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
Martingale strategy is the worst strategy that anyone applies in online gambling. I have lost a lot of money by using that strategy and I never recommend anyone to use that strategy when they are playing casino games.

The Martingale strategy somehow works well in sports betting but it fails you there as well. Even in trading that strategy doesn't work properly. That's why I believe one should try to avoid that strategy at any cost if they don't want to empty their accounts.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
Thank you Oshosondy for sharing your experience. As for me, the first time I went to a online casino, I mate played roulette, and because I had heard so much about the Martingale strategy, I decided to test it. I lost 11 times in a row. I came to the conclusion that this strategy is good for quick in and out betting but long term the odds remain the same. It’s still the best overall approach. Just realize that when you start with $2, you lose in a succession. All those bets are simply to win back your initial $2 which I consider a slow growth.


This strategy is not said to be good for quick in and out betting. It can favour you in any aspect that you gamble and you can also lose from it. If you hold long position in martingale and it is right position for you, what will happen will still happen despite being in such position likewise short or quick in and out gambling. It is the decision taken on your game that matters not because you used martingale. Martingale is very enjoyable when you are in profit because the profit margin grow fast and that is also how the losses appear in your balance. To use martingale is when you have enough bankroll. However, some gamblers try to use martingale because they are chasing for the losses and they want to risk grabbing all.
sr. member
Activity: 672
Merit: 416
stead.builders
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

If everyone of us are to start with the way of our gambling experience with the particular gambling strategies used, we must all have somethings to say and to warn about when it comes to choosing a particular gambling strategy of our choice, i also agrees that the kind of gambling strategy used by us on any game we are playing will also determine to an extent on the out come for that bet, in which we are expected to adopt with the use of the best strategy we think could service us a particular gambling purpose base of the kind of game involved. 
legendary
Activity: 1820
Merit: 1207
Martingale strategy is easy to apply, you just need to double your money whenever you lose. Since the strategy is easy and if it's really work, why we haven't see most gamblers become rich? Cheesy

Most of gamblers are either same or become poor, only few gamblers win from gambling.

Don't get scammed by other people that say martingale strategy will able to beat the house edge, they didn't even use martingale strategy lol.
hero member
Activity: 896
Merit: 586
Leading Crypto Sports Betting & Casino Platform
I don't like the Martingale strategy because it will make you run at loss faster since you keep on increasing your bet in every new bet that is made. It is not advisable for gamblers to use it because gamble is a luck base game and not by any strategy that we use in order to make profit.

NO matter what strategy a gambler comes up wit, you might be lucky at the beginning of using it, but later on, you will run at loss. That time that you were winning is not because of the strategy that you were using but it just happened that your luck was on the game, and that was why you won the bets. Luck will never last, as it only comes withing a short time, and that is why we should only gamble for fun and use little funds for it to avoid great loss.
sr. member
Activity: 952
Merit: 275
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selections, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.

There is always another day, I like how you use a small amount of money to give this a try, this is what I expect from a fellow responsible gambler, now that the money is gone it feels like a small loss in exchange for some time well spent.

If you risked more you would have a different feeling right now, the smaller the money the better the feeling, either loss or win, also I would have taken my profit, this I know have saved me countless times when gambling.

The end result of continued gambling is losses after losses, when win comes it is time to take a leave, this was how I lost 0.5BTC that I won on freebitco some years ago, since I hit this amount after a few tries I thought it would keep happening until I lost everything.

You are to stop when the amount is over your bankroll, being greedy is what the casino hoped for, I never forget this.
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