Is it worth it Martingale?

[j240]

Hello there fellow Stakers , ever since i joined Stake i read people talking about this strategy called Martingale where you increase your bet every lose and reset it on win for manual and Auto bet . I was wondering how many of you actually use this Martingale strategy?. I want to know if you guys win more or lose more with this strategy , do you do it on auto or manual? What games do you usually use this strategy? , Anyone care to share their experiences and technique regarding this strategy?.

Thank you fellow Stakers and Goodluck.

[Etude]

Whether is martingale worth it or not as a strategy would depends on the level of risk you are able to afford. It is certainly the easiest way to to lose a large amount of money by simply applying reckless martingale upon losses and losses until it becomes a extremely large base bet where your bankroll can no longer cover the amount accumulated. That being said, I still often do martingales in my sessions once in a while when I am playing a risky session.

[nuuuitsjdragon]

Personally I use another version - the Reverse Martingale - doubling up on every win instead of loss with a cap of 3-4 wins!

Of course, I only use it for lower multipliers till a certain limit after which, there would usually be a switch to flat-betting whilst hunting for higher multipliers (over 99x). 

The default Martingale is good in some situations but needs a higher bankroll (which is why I don’t use it) to cover the eventual streaks of red! 😀

[jualid]

Martingale is works for a short run but if you keep using martingale for a long run you will get a long red streak soon. So it's better to not using the same strategy for a long run and if you have a big bankroll, you can survive longer.

[StakePay]

Martingale strategy is good if u have considerable balance to recover losses. 

and u must be stopped or change strategy after some time (target profit if reached).

[CheckTheTime]

No! It’s totally not worth to martingale. You would run out of funds really fast if you do that. Although it might be a good idea to and it sometimes turns out great. But the longer you run martingale technique, the more risky it is that it will rip. 

Alternatively, try the pluscoupe strategy. Which will get you through a streak of loses.

The first bet size is always 1 unit.

If this first bet wins, then the attack is terminated and again 1 unit is bet.

If the first bet loses, the bet size remains 1 unit up to the first win.

After the first hit with 1 unit, the bet size is increased to 2 units.

As long as the balance is negative, after a win, the bet size is increased by 1 unit.

 Thanks to google for helping me to explain this strategy. More on this link. https://www.casinoencyclopedia.com/pluscoup_progression/ 

[bmg]

All I ever hear is players talk about how much they have lost using this Martingale system or strat.

Ihave never heard any decent stories of great wins.

[skrubreker]

No its not worth it, Everytime you try you will lose eventually. Not a good strat.

[CntryBoy]

Seems like a unanimous NO so far as to whether Martingale is worth it.  I would tend to agree for the most part.  I still use it from time to time for a short run of bets, maybe a couple hundred rolls or so.  While I have been successful with it on short term streaks, it definitely seems to always get the best of almost everyone I have seen talk about it in the long run.  But I have seen a few people that swear by it and love it, though they seem to be few.

[williamshennie9]

No, please do not use martingale. It can work in the short term, but in the long term, it will cause you to bust a lot of money. Doubling after each loss can work, but if you have 30 losses, you'll be broke.

[Rawci]

One thing I know for sure is it works for me in the beginning than I'm betting 100,000k doge lol

[FotisNt]

It is worthy once your bankroll is bigger that house's which sometimes is impossible. Also martingale doesn't work at gambling, everyone who tried it, literally failed and lost everything.

[kaleemmalik071]

man martingale sucks . don't even try it . if we betting with 1 satoshi with bankroll over 1 btc on any payout i promiss it will bust on any point .. play with house edge and win loss ratio . its helped me 

[Sheza58]

I know the dangers of this method. However, with the £18 I had left in my Foxy bingo account I'm seeing how far I get. I do wait though until I get a run of 3 of the same colour before betting on the opposite colour. Served me well so far. 

[Sheza58]

Update:- 2 weeks on and i'm still making 4% a day on my account.  Only ever got to the last possible wager once. 

[mordhau]

Martingales never worth it. There are maximum payouts, so a martingales worst enemy is a long loss streak. Even if they work temporarily, you will eventually lose with it unfortunately

[rindra]

im using it, but only with big chance

[RoyalSteeze]

I think within reason and small windows any strategy can be effective, but like all things it susceptible to negative variance

[Unclepockets]

I use it sometimes but one night I used it betting like 0.00000020 ETH it ended up hitting a huge loss streak and lost over $30 

[Raikage]

U definitely lose..

But everybody, or most use the strategy..

It always fail in the long run..but could be worth something depending on how u use it..

I do both, autobeting with martigale strat bit i see it more beneficial when i do it manually

[TheGreenTree]

Martingle works unitll it doesn't. And when it doesn't, you completely bust. It's not worth risking the bankroll for small profits.

[Nightcrawler]

I am an avid Martingle bettor. I have bet this way for too long to count. It has never ended well. The most unlikely things always seem to happen whether online or betting live. If you refuse to listen and choose to try this anyway, only use Martingle a few times per session or wait until the trend has already started before you dive in. My advice is to not even start. 

[Tophus]

I'd say martingaling doesn't take into account the fact of randomness, so no I wouldn't.

[eirikri]

The only way martingale will work is if you have infinite funds. At some point you will hit a streak busting your account

[ZainyMerv]

Every time I've tried I have landed up losing my whole balance so I don't believe it works