Every time losing with Martingale I blame myself and promise never use it again.
But...
But...
Martingale is a poison.
Someone cares to explain what even that martingale is?
example :
You're betting BTC0.0012 -> lose
You're betting BTC0.0024 -> lose
You're betting BTC0.0048 -> lose
You're betting BTC0.0096 -> lose
You're betting BTC0.0192 -> you won
this is how the martiangle works
and you get 0.0012 profit because of this martiangle
Try playing that way and roll just 100 times or even 50, you will eventually lose.
I don't think you'll lose if you roll only 50 or 100 times.
Of course it depends on your bankroll, but I think someone playing martingale should be able to cover 10 losses. The chance of that happening is 1 in 1024.
I do agree with you that you will lose eventually. I just think it's not likely to happen within 50 or 100 rolls.
The chance of happening 10 loses in a row is a lot more common than 1/1024. I don't know how you get that number but do you realize that every single bet is independent from each other? It seems you don't, like %90 of matingale users.That means you cant exactly predict the time of that +10 losing serie(s). You may get 10+ loses in your first session. than bam. you re out.
and I can let it go.