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Topic: My Own Version Of Martingale Your Opinion (Read 519 times)

legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
September 21, 2019, 11:43:31 AM
#56
Like you said in the OP it is just a slower version to lose your money. More FUN, but more time wasted. Is that all you have to do with your time? Can't you do something else, something more productive maybe? I'm not here to teach you anything, but hours spent on gambling doesn't seem right to me, but each person is different after all  Grin
member
Activity: 980
Merit: 62
September 21, 2019, 10:21:07 AM
#55
Martingale is not always profitable.
You have to own a lot of capital if you want to use it and it doesn't worth as it provides low returns for big risks. Try other strategies and get away from martingale.
hero member
Activity: 1372
Merit: 512
September 21, 2019, 09:14:23 AM
#54
There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

I've already written how I've lost a lot of money with this very strategy. The most interesting thing is that such a strategy works if you have enough capital to bet when you have at least 20 losses in a row. If you do not have such funds, sooner or later you will all lose. Recently, more and more people are saying that the strategy of the game on Martingeyl does not work in the casino.
I'm pretty sure many high rollers are using and experiencing with Martingale, they have the funds they can extend and fight the house edge if it really is a Provably Fair then they will eventually win the game as long as they can keep up with the funds.
A martingale is a good tool for high rollers but you will need big luck if you are going to use it with a limited funds to bet.

Some high rollers use it with some big bets and just for a few rolls. They don't use it with a base bet of 100 sat.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
September 21, 2019, 08:38:02 AM
#53
There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

I've already written how I've lost a lot of money with this very strategy. The most interesting thing is that such a strategy works if you have enough capital to bet when you have at least 20 losses in a row. If you do not have such funds, sooner or later you will all lose. Recently, more and more people are saying that the strategy of the game on Martingeyl does not work in the casino.
I'm pretty sure many high rollers are using and experiencing with Martingale, they have the funds they can extend and fight the house edge if it really is a Provably Fair then they will eventually win the game as long as they can keep up with the funds.
A martingale is a good tool for high rollers but you will need big luck if you are going to use it with a limited funds to bet.
legendary
Activity: 2310
Merit: 2073
September 18, 2019, 11:34:50 AM
#52
There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

I've already written how I've lost a lot of money with this very strategy. The most interesting thing is that such a strategy works if you have enough capital to bet when you have at least 20 losses in a row. If you do not have such funds, sooner or later you will all lose. Recently, more and more people are saying that the strategy of the game on Martingeyl does not work in the casino.
sr. member
Activity: 2506
Merit: 368
September 17, 2019, 06:56:49 PM
#51
It is a failing strategy and you don’t even need a long time before failing,anyone can lose five bets pretty easily in today games.For fun or not martingale is proven to not work during many years as it is one of the oldest gambling strategies.
I agree, martingale strategy is not helpful in the long run it will drain most of your bankroll if not control properly. It's not just the martingale strategy would fail but other strategy too when used in the long run. You may have to use any different kinds of methods and strategy for a certain game in order to gain.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
September 17, 2019, 05:31:09 PM
#50
I am pretty sure this is the martingale I am doing and I did not do well with it for months. I did that with some small funds I left in that wallet and I am done betting in just some minutes. Martingale really is so risky since you are doubling up the risk everytime you lose.
Well I stopped using martingale since it never bring me profits but losses from the very beginning,I don’t know if it’s my timing or me has the problem

But maybe because I am not really that good in online gambling instead I am in local gambling’s in which I played since I was little boy


And I also believe that in gambling it’s not the strategy that will made you a winner but the attitude and how you treat gambling if it’s a game or a profiteering place

Martingale, would never make a person profitable since the more you lose, the bigger you will risk just to win a small amount.
The problem here is people does not believe in losing streak that's why they think that Martingale will give them a win all day.

Here's the truth, no man has an infinite bankroll, gambling sites can limit you, and losing streak even 20 is possible, so it could bust you out.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
September 17, 2019, 12:24:24 PM
#49
I am pretty sure this is the martingale I am doing and I did not do well with it for months. I did that with some small funds I left in that wallet and I am done betting in just some minutes. Martingale really is so risky since you are doubling up the risk everytime you lose.
Well I stopped using martingale since it never bring me profits but losses from the very beginning,I don’t know if it’s my timing or me has the problem

But maybe because I am not really that good in online gambling instead I am in local gambling’s in which I played since I was little boy


And I also believe that in gambling it’s not the strategy that will made you a winner but the attitude and how you treat gambling if it’s a game or a profiteering place
hero member
Activity: 2562
Merit: 586
September 17, 2019, 11:23:27 AM
#48
Its a bad strategy long term
I believe OP is aware of that and hence the reason he clearly and plainly explained that he only plays to be entertained, that is to explain that a winner or anyone who plays with the intention of making money, would not even consider it as an option for gambling.

I am not against the strategy since I have never used it all my years gambling and I will say that the negative review about the strategy is more than positive reviews because obviously, out of one or two witnesses truth is confirmed. Everyone says that the strategy is a bomb waiting to explode as it always fails in the long run, that means using this strategy, the player should be prepared for long run loses which is terrible.
hero member
Activity: 2856
Merit: 667
September 17, 2019, 05:46:49 AM
#47
It is a failing strategy and you don’t even need a long time before failing,anyone can lose five bets pretty easily in today games.For fun or not martingale is proven to not work during many years as it is one of the oldest gambling strategies.

But I guess the most of us used that strategy in the beginning. Just let the beginners learn it and they will find out it is one of the worst strategies.  Roll Eyes

Experimenting is part of the entertainment we will get in gambling because this way we will be able to explore new method that we think would help us to win, especially this method but then it's just later when we realize that it's not working anymore as a long term strategy.

For me, we can call this betting strategy as part of the bankroll management as well since everytime we bet, we risk our money and this ins't really gonna work for long term, what's important to win in gambling is to ensure that we have more wins than our loses so we will end up on the profit side.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
September 17, 2019, 05:39:34 AM
#46
My martingale strategy similar such as you have and i think it's common used for almost every people when they gamble using martingale system but indeed the amount of satoshi when i started slightly different depend on my initial money when i starting gambling but often too this strategy facing worst scenario when sometimes i got 10 consecutive lost or more and that's only makes my money dry rapidly
full member
Activity: 1750
Merit: 118
September 17, 2019, 02:38:52 AM
#45
~ snip ~

I've tried similar to your method but you are right you will just prolong your playing time if you are going to do it manually, it's only recommended for players who want to enjoy the game and do not necessarily like to make a profit, there are strategies to prolong your game, you have to do a lot of variation to prolong, because no one strategy can give you long winning streak.

there are strategies that can make you win most of the times  but they can only give you lesser profit so its not really worth the try but those are still beneficial like for example for waggering contest or if you want to roll for some specific numbers  . there are gambing site that have those kind of side quest or side games that can make you earn extra income   . in my case  ,  i have tried different martingale variations but none of them seem to work bettter on me  .
legendary
Activity: 3416
Merit: 1225
September 13, 2019, 10:30:17 PM
#44
There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

I've tried similar to your method but you are right you will just prolong your playing time if you are going to do it manually, it's only recommended for players who want to enjoy the game and do not necessarily like to make a profit, there are strategies to prolong your game, you have to do a lot of variation to prolong, because no one strategy can give you long winning streak.
hero member
Activity: 1372
Merit: 512
September 13, 2019, 08:01:18 AM
#43
It is a failing strategy and you don’t even need a long time before failing,anyone can lose five bets pretty easily in today games.For fun or not martingale is proven to not work during many years as it is one of the oldest gambling strategies.

But I guess the most of us used that strategy in the beginning. Just let the beginners learn it and they will find out it is one of the worst strategies.  Roll Eyes
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
September 13, 2019, 07:55:36 AM
#42
It is a failing strategy and you don’t even need a long time before failing,anyone can lose five bets pretty easily in today games.For fun or not martingale is proven to not work during many years as it is one of the oldest gambling strategies.
sr. member
Activity: 1162
Merit: 251
September 13, 2019, 06:16:13 AM
#41
My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.
This is literally classic Martingale.

It's funny though, everyone at some point thinks they've invented Martingale, until they realize everybody knows it, and we have a name for it.
I did not invented and do not claim I'm the only one doing it, I just had a discussion with my friend about a version of martingale his version is very different he never pushes down his betting, if he wins on his 6th he will not set it to the minimum again he will just go on, and one of my friends also has his own version he does martingale in on his first three rolls then he tosses a coin, if he wants to extend or change his bet.

Everyone has his own version and that does not mean they invented it.
I think it's still classic martingel, everyone knows that after you win, the funds will be reset to the initial capital again. only people who are brave when they win but not reset to the initial capital back, and I don't call it martingel if after winning you doesnt use 10 satoshi again (reset)
member
Activity: 882
Merit: 14
September 13, 2019, 05:24:10 AM
#40
There are so many different ways to use a martingale strategy, i have tried several by myself... any time, you will get on the point where you lose it all if you don't know when to stop. A lot of martingale strategies work some days / weeks. As more as you play, the odds that you get a punch in the face are increase dramatically.
STT
legendary
Activity: 4102
Merit: 1454
September 13, 2019, 05:23:27 AM
#39
If it is used carelessly that may burn the account.

Thats the main reason not to use it but I'd venture thats a bad idea for any idea, any scheme or strategy.   Dont be in a game especially doing new things and leave open the door where you have to walk home and have no money left for food that week.    The best purpose for money is security, if theres nothing left to fall back on then the game was played wrongly and possibly rashly.  If we play games with money then its fine so long as it remains a game not a Russian roulette attempt at riches with no prior practice, its too obvious a mistake to make.   Some things are way cheaper to pay up front, laying out money to play and lose in possibility seems the best counter to many open ended risks.
full member
Activity: 2324
Merit: 175
September 13, 2019, 05:11:13 AM
#38
Martingale method is explorable you can do an experiment on what works for you on a given time if your goal is to extend your time that you are going to lose your funds, I also do some variation, so it's will not become boring because of repetition, this is how you make it fun and enjoyable by exploring a lot.
hero member
Activity: 924
Merit: 502
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September 13, 2019, 03:07:51 AM
#37
There are a lot of topic about martingale now, and I'm sure many of us employ their own version of Martingale,
This is my own version of Martingale it's actually time-consuming, but I'm not going to make a living in gambling I just want to be entertained and have some fun and I want to extend my enjoyment.

My strategy is I started off with 10 sats I just add or double my bet the next time if I lose so if I lose 5 straight and win on my 6th I started my bet again on the bottom.

My reason is I want to extend my funds so every time I regain my losses I just started my bet to the minimum again
I've done it over and over again and I can extend my funds for 3 to 4 hours sometimes I made money but I never make a withdrawal
I just call it a day and come back tomorrow with additional funds and a possible extension of time having fun.

That's pretty much a conventional martingale strategy. Good for short term rolls. You'd easily lose you entire capital once your losses hit more than 7 bad rolls. Though it seems you're really just playing for the fun of it and to pass time. I don't think that would hurt, so it's probably okay. Anf the fact that you get to start the next day sometimes with a bigger bankroll is good to hear.
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