I've got 50mB; and i betting at 0.00001mB increase bet by 100% on loss. If someone can explain to me how i will lose and how gambling actually works then please explain further. Because betting at such a low value i would have to fail more than 20times right? So is the game really fair or how does it work?
You would have to lose more than 20 times yes.
But you will. Eventually you will.
Don't think that it is "impossible" to lose 30 times in a row, it is PERFECTLY possible, it happenned and it will happen.
Problem is that even if the odds are very small, what you win after each bet is also very small

sincerely yes losing streak is always possible in any event mate, its very disappointing considering that you already do some mathematical analysis and considering the numbers of possible loses against the winning bets but surely things happen and we can't control if how many loses will be possible for such event, martingale is useless in a long run.