Based on my experiences , it doesn't. I always end up losing especially when autobetting 
I completely agree with this because in last few days I try autobetting on few dice sites and all gone against me even no one give me any profitThere are some dice sites has a good feature on their auto betting where you can set the max win/max lose/max bet, so you can prevent lose all your coins.
Dice sites have autobet bot because their players ask for it and want to bet as fast as possible, so why not make your customers happy while making the owner (and investors) happy at the same time?
especially if you start the autobet bot and go away, you will always come back to see all your balance gone and the bot just sitting there with an error of low balance
Casinos love martingale players. It's also a myth that minimums and maximum bets are there to prevent Martingale. Minimums are there because casinos consider bets that are too small to be a waste of time
People just try to martingale with not enough money and think 10 losses in a row won't happen to them.10 losing streak is nothing, i had 25-30 loses in a row while using martingale method, that is why i always say you will lose all your money playing dice especially if you are using martingale method.