If you are insisting on saying that martingale is a strategy that could make you money if you are smart enough or know how to use it, go ahead and use it. I am sure wolf.bet would be happy about getting your money, it is a casino in the end and they will want your money for sure.
Well, in my experience, martingale can make us money if used for a short period of time and limited roll. Using martingale mindlessly as stated by Deisik will only result in a loss. It is a strategy, whether it will be a losing strategy depends on the person playing.
However, one thing is for certain and that is; you can't beat house edge no matter what your strategy is.
In the long run, yes but if you play in a limited time and limited run, you can stop playing with a win. It all depends on when a player stops. The problem with gamblers is that majority tend to stop when the bankroll is depleted. Only a few are wise enough to stop when at the winning streak. There is always a workaround to beat the house edge and that includes stopping completely for a short period of time.
Martingale with 10-20-30 losses in a row is real, plus you can do much faster than 1 bet per second as well,
Indeed, I have read on some chat saying that they experience a losing streak more than that.
and also if you are not going to do 100 million bets (not in one session, just in general) you are not going to make money as well, what is the point of stopping somewhere? If you want to keep making money, even if it takes months or years, you will eventually reach that much wagering and you will hit that big loss in a row.
This depends on the amount a person is wagering, one does not need 100 million bets to make money unless you are just betting 1 satoshi or less per bet, and stopping at the right time is very important since it can determine a gamblers final session's result.
I do not know about other players' experience but I can say martingale strategy if used wisely can bag you a profit (not that huge though) but you have to do a full stop after some time to prevent the house edge to fully kick in. That includes in having a rest for some days or weeks before playing again or do a full stop (bagging the profit on that site) and start a fresh series of session on another site.
The major flaw on martingale is the player getting greedy or relying too much on autoroll. That is when martingale become very risky to the point of devastating to someone's bank roll.
I myself have played dice many times on 1% house edge but never got 23 losses in a row.
The maximum losing streak I got so far is around 16, haven't got the chance to move up because my fund is depleted by then. Anyway, the martingale is indeed a good strategy to recuperate losses
if we are lucky but very
devastating if luck does not smile on us. Whether the martingale strategy is good for players or not, depends on how the player utilizes it. At the end of the day, it is the one who is playing who calls the roll.
^ That's it IF you are lucky because technically martingale strategy won't give the accurate results that say, you will earn sure profit and it is 100% sure.
It can be depending on the setup of your martingale, I often set up mine for 200% on loss. And fully stop on the win after 10 losing streaks. Though I admit sometimes I lose control and do not follow the plan that result in depleted bankroll
It still remains on how lucky you are. It won't advisable though if you are using martingale with a small number of funds to defeat the bankroll. Once you have 23 losing streaks in a row. That is a huge amount to recover.
Nevertheless, manual and with the desire of the amount that you are willing to lose is perfectly fine while having fun.
Indeed, we do not know what is the outcome of the martingale, in my experience, it sometimes skips the 10th losing streak and give me a win and goes straight on the streak where my the bankroll got depleted but oftentimes I hit my target session strategy. I learned from my previous experience, that with using martingale we must use the stop on x losses and stop on y win. There is a setup for that on autoroll so better make use of it.