So I decided to experiment and so far I have not gone bankrupt. Investment was 17mBTC and I have not gone above 6 consecutive losses. I am betting a microscopic amount and 17mBTC covers martingale increments up to 7 times. Hesitant to try more money but so far I have done about 30,000 bets. Playing under 82, wagered 6mBTC and profit is .25. The math works out to about $1.00 -$1.50 in profits per day at this rate. I'm not playing with the martingale increment of 8 times like I want but rather 6. 8 Times doesn't ensure that I can cover 7 consecutive losses. However, if this does work, then in theory I could add money and keep playing so that each bet was larger and profits should increase. However, I would imagine that to make 100 times my .25mBTC would take 100 times the bankroll. 1700mBTC. To make 25 per day is a decent amount of money but thats also a lot to risk losing. I will have to see if this bet experiment goes beyond 7 consecutive. I have definitely seen 6.

Like I was saying though, a large enough bankroll seems like a plausible way to insulate from bankruptcy but there is no guarantee you won't get 15 losses in a row I guess.