If one is looking for a way to mathematically lose everything on the long run, then the Martingale Strategy is the way to go. You are guaranteed that given any house edge, eventually, you will lose all your starting bankroll.
You may better be betting everything on a single bet rather than waiting 10 million times to end up loseing everything you have anyway.
Topic: Why the martingale system sucks! (doubling down on losses) - page 11. (Read 3303 times)
Some gamblers are saying "If I had an infinite bankroll, I'd be always winning with martingale", but in reality, even infinite bankroll wouldn't save you in the long run. All gambling sites and, I think, all land-based casinos have a limit on the max win. So, at one point your infinite bankroll can become useless because you won't be allowed to make that bet.
No matter how big your bankroll is and when the time comes that long losing streak strikes then for sure those balance of yours would really be wiped out in an instant.
Even if you do make use of Dogecoin and having a base bet of 10 or whatever the minimum then i do believe that even hitting 20 or 30x losing streak would blown out your account.
To hit x20-x30 you need to bet with probability of winning, i suppose, like 0.1 %. With such prob you will run out of your money much faster than will hit jackpot. Sad but true.
Just like what other members been saying above that it isnt bad to make use of martingale if you do just know on when to stop when you are already in gain
And what will be if you will run out of your funds BEFORE you bet with success? Eh?
because several lost will really be doubling and when you won then you do only get a small portion of profit and repeat the same process
but i dont see for it to be worth.
but i dont see for it to be worth.
It's impossible to do. With martingale on a long term you will don't have any profit.
Strategy are only good for prolonging the game and not on winning the game and this you should have in mind.
There's no way to win the entire game as in defeating it. We may win some with the use of it but that's not the end of it. There will be another rounds, there will be another days that we're going to play and it's acceptable based on our experiences that it's not always the lucky day for us with this and other strategies. Quote
While many of us believe that all of those strategies are ultimately unprofitable within that time frame, martingale will probably be a strategy experienced gamblers will avoid.
There are some experienced gamblers who understand the risk and still capable of working on it by simply alterring this system, those who are good in timing and capable to quit once they are already gained certain targets.Martingale is not appropriated for this case. It's depends too much on probability. You can lose 1000 times in a row, and your bankroll will be empty so you can't continue. Good players trying to not depend on luck and probability, rather on skill and calculations. And they don't play dice or slots, yes.
Just like what other members been saying above that it isnt bad to make use of martingale if you do just know on when to stop when you are already in gain
because several lost will really be doubling and when you won then you do only get a small portion of profit and repeat the same process
but i dont see for it to be worth.
Quote
While many of us believe that all of those strategies are ultimately unprofitable within that time frame, martingale will probably be a strategy experienced gamblers will avoid.
There are some experienced gamblers who understand the risk and still capable of working on it by simply alterring this system, those who are good in timing and capable to quit once they are already gained certain targets.Martingale is not appropriated for this case. It's depends too much on probability. You can lose 1000 times in a row, and your bankroll will be empty so you can't continue. Good players trying to not depend on luck and probability, rather on skill and calculations. And they don't play dice or slots, yes.
Sometimes martingale works for odd numbers,having the right bank roll and choosing the right games. Because if we all claimed it was that bad people would have stopped talking about it way back ,but instead everyday we see a new betting strategy, somewhere in there some one will mention martingale, besides there is the right way and wrong way of using this strategy.
The standard Martingale strategy links the previous and the next step in the game, but in fact they are not linked by any mathematical or probability characteristics. The probability that every time you flip a coin, the same side will come up is 1/2. Therefore it is impossible to exclude the possibility of n number of one side falling out. Since the player's bankroll is finite, he will lose sooner or later.
Sometimes martingale works for odd numbers,having the right bank roll and choosing the right games. Because if we all claimed it was that bad people would have stopped talking about it way back ,but instead everyday we see a new betting strategy, somewhere in there some one will mention martingale, besides there is the right way and wrong way of using this strategy.
The standard Martingale strategy links the previous and the next step in the game, but in fact they are not linked by any mathematical or probability characteristics. The probability that every time you flip a coin, the same side will come up is 1/2. Therefore it is impossible to exclude the possibility of n number of one side falling out. Since the player's bankroll is finite, he will lose sooner or later.
No matter how big your bankroll is and when the time comes that long losing streak strikes then for sure those balance of yours would really be wiped out in an instant.
Martingale doesnt sucks because it is just only a strategy, it is only to the person who had been using which those having that false belief about easy
money with martingale.
Sometimes martingale works for odd numbers,having the right bank roll and choosing the right games. Because if we all claimed it was that bad people would have stopped talking about it way back ,but instead everyday we see a new betting strategy, somewhere in there some one will mention martingale, besides there is the right way and wrong way of using this strategy.
The standard Martingale strategy links the previous and the next step in the game, but in fact they are not linked by any mathematical or probability characteristics. The probability that every time you flip a coin, the same side will come up is 1/2. Therefore it is impossible to exclude the possibility of n number of one side falling out. Since the player's bankroll is finite, he will lose sooner or later.
The martingale strategy suck because in the end there is nothing they can win with this strategy in the long run.
Using it in a longer timespan surely endangered your bankroll, knowing that HE is always against you, then losing streak are unpredicted.Quote
While many of us believe that all of those strategies are ultimately unprofitable within that time frame, martingale will probably be a strategy experienced gamblers will avoid.
There are some experienced gamblers who understand the risk and still capable of working on it by simply alterring this system, those who are good in timing and capable to quit once they are already gained certain targets.Quote
I ignored this strategy after I realized it wouldn't do me much good in the long run.
If you it that way, it's wise to move away or not to use it out, you can always build your own one that will make you more comfortableplaying around.
The martingale strategy suck because in the end there is nothing they can win with this strategy in the long run. While many of us believe that all of those strategies are ultimately unprofitable within that time frame, martingale will probably be a strategy experienced gamblers will avoid. I ignored this strategy after I realized it wouldn't do me much good in the long run.
Martingale is a common strategy on where most people been using, not only into those noobs who do believe on it but also into older players as well.
Even myself is been using martingale when dicing or other games which this strategy can be applied.Thing here is that you shouldnt really expect about profits because
dealing with these type of games cant really ensure your profitability.
Strategy are only good for prolonging the game and not on winning the game and this you should have in mind.
Even myself is been using martingale when dicing or other games which this strategy can be applied.Thing here is that you shouldnt really expect about profits because
dealing with these type of games cant really ensure your profitability.
Strategy are only good for prolonging the game and not on winning the game and this you should have in mind.
I have also explained in several posts why martingale sucks. There is always someone who thinks they have found a good system, which after all is a variant of martingale. They are systems that do not work, as no strategy works against the casino, because they are EV-games. If you play casino games, do it to pass the time and knowing that the potential return is negative. If you then get lucky in the short term, that's what you get.
The Martingale game strategy works only in theory.
I read a detective novel about Russian detective Erast Fandorin. One of the main characters in this novel is a top-class assassin. In his spare time, he played in Swiss casinos using the Martingale gaming strategy. This killer possessed incredible self-control and composure, so the use of this strategy always brought him a win.
However, this only happens in fiction novels. In practice, it is impossible to beat the casino.
The most realistic strategy is playing on the side of the casino against another large and solvent player. Because the casino always wins.
I have also explained in several posts why martingale sucks. There is always someone who thinks they have found a good system, which after all is a variant of martingale. They are systems that do not work, as no strategy works against the casino, because they are EV-games. If you play casino games, do it to pass the time and knowing that the potential return is negative. If you then get lucky in the short term, that's what you get.
Only a newbie use this martingale strategy. It won't give you big win, but only small win with a higher risk of busted.
Let's say you have $100 bankroll, $0.1 starting bet, and use martingale. It only needs $0.1, $0.2, $0.4, $0.8, $1.6, $3.2, $6.4, $12.8, $25.6 -> nine times until you wager half of your balance. And all of these only to get +$0.1
Use reverse martingale instead, so if you get nine consecutive wins, you will get +$51.1 (not sure if my math is correct, but you should get the idea). You can also get out at five, six, seven, etc. consecutive wins.
This is a true statement. Quite often I used to try this strategy even after losing big, because at times it has helped in increasing the wallet balance. However the martingale is meant for gamblers who have the ability to spend unlimited fund on gambling. Even today lost all my month's bonus using this strategy. Let's say you have $100 bankroll, $0.1 starting bet, and use martingale. It only needs $0.1, $0.2, $0.4, $0.8, $1.6, $3.2, $6.4, $12.8, $25.6 -> nine times until you wager half of your balance. And all of these only to get +$0.1
Use reverse martingale instead, so if you get nine consecutive wins, you will get +$51.1 (not sure if my math is correct, but you should get the idea). You can also get out at five, six, seven, etc. consecutive wins.
Only a newbie use this martingale strategy. It won't give you big win, but only small win with a higher risk of busted.
Let's say you have $100 bankroll, $0.1 starting bet, and use martingale. It only needs $0.1, $0.2, $0.4, $0.8, $1.6, $3.2, $6.4, $12.8, $25.6 -> nine times until you wager half of your balance. And all of these only to get +$0.1
Use reverse martingale instead, so if you get nine consecutive wins, you will get +$51.1 (not sure if my math is correct, but you should get the idea). You can also get out at five, six, seven, etc. consecutive wins.
Let's say you have $100 bankroll, $0.1 starting bet, and use martingale. It only needs $0.1, $0.2, $0.4, $0.8, $1.6, $3.2, $6.4, $12.8, $25.6 -> nine times until you wager half of your balance. And all of these only to get +$0.1
Use reverse martingale instead, so if you get nine consecutive wins, you will get +$51.1 (not sure if my math is correct, but you should get the idea). You can also get out at five, six, seven, etc. consecutive wins.
Sometimes martingale works for odd numbers,having the right bank roll and choosing the right games. Because if we all claimed it was that bad people would have stopped talking about it way back ,but instead everyday we see a new betting strategy, somewhere in there some one will mention martingale, besides there is the right way and wrong way of using this strategy.
The standard Martingale strategy links the previous and the next step in the game, but in fact they are not linked by any mathematical or probability characteristics. The probability that every time you flip a coin, the same side will come up is 1/2. Therefore it is impossible to exclude the possibility of n number of one side falling out. Since the player's bankroll is finite, he will lose sooner or later.
It's a risky strategy and I don't use this for my bankroll management, it's teaching us to be greedy and there's no fixed strategy in gambling that could give us a consistent win, we have to adjust and I would still prefer very conservative bankroll management than this kind of approach.
most of the comments I read about this system are negative, so it should not be encouraged, especially to the newbies in gambling.
I don't understand what can be discussed here again, Martingale does not work (like any strategy in a casino). This strategy is good only for creating some kind of illusion (given the fact that you start the game with micro stakes, you will be in profit, albeit small, but for quite a long time) that you can beat the casino.
Although it doesn't work on long run I don't know any better strategy that could be used to maximize the time a gambler spends playing games like dice. I've already tried an another one called Parlay too, but it was much worse than Martingale. I think when it comes to strategy gamblers don't have much to do besides playing Martingale variances.The truth is that the goal of these strategies isn't to give the gamblers a guaranteed profit after a session of gambling, but to let them play for the longest time as possible without going bankrupt.
But Martingale is a strategy that quickly leads to a loss, to increase the game time, you just need to use money management, and regardless of the chosen strategy, your game time will be quite long.
OP didn't disscuss about martingale actually if you really read what he wrote on here. This thread also has been almost 2 years old, so it's basically didn't worth to disscuss anymore. He just shared his thought about how the calculation from martingale strategy. Martingale indeed won't work in long run, but it's also can make you profit if you are lucky.
I immediately drew attention to the date the topic was created and after that I read the discussion a little and as you understand, I was a little annoyed by raising this topic from the depths of the forum, so my post turned out to be so edgy.
Sometimes martingale works for odd numbers,having the right bank roll and choosing the right games. Because if we all claimed it was that bad people would have stopped talking about it way back ,but instead everyday we see a new betting strategy, somewhere in there some one will mention martingale, besides there is the right way and wrong way of using this strategy.
The standard Martingale strategy links the previous and the next step in the game, but in fact they are not linked by any mathematical or probability characteristics. The probability that every time you flip a coin, the same side will come up is 1/2. Therefore it is impossible to exclude the possibility of n number of one side falling out. Since the player's bankroll is finite, he will lose sooner or later.
Martingale system is believing that the odds in your favor when in reality it isn't and you still ignore that fact because you believe that you are going to hit the win anytime soon, you just need to double down every time you lose. This is a strategy that is made by people that owns a gambling business.
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