You walk into a casino, and you play roulette.
You bet
$10 on black,
lose
$30 on black
lose
$90 on black
lose
eventually
black comes out and you win.
I think the only thing stopping you would be the table limits?
In theory and on paper and in reality where the system is truly producing random outcomes every single time this can be the ace strategy to win.
But when you enter a casino, the cheating will start, you're not a mathematician to figure out the lengthy process behind the provably fair system so fooling you is the easiest thing in the world.
Now you should try this instead:
You bet $1 win or lose you again bet $2 win or lose you again bet $4 win or lose you again bet $8 win/lose bet $16 win/lose bet $35 win/lose bet $80 win/lose bet $170 win/lose bet $350 win/lose bet $740 and you could continue until reaching the table limit or you could try it on dice but if every single time you lose then you should realize that they're cheating. lol
But who will have that much money to risk like that, I think this formular looks like the martingale and with that kind of strategy you need an unending bankroll which will be difficult to come by.