Hello, I know martingale is useless for long term for dice game but if you have a big bank and can support 1 serie of 20 loose, you will always win no ,?
The world record for the roulette is one serie of 26 red , it will never happen again,the odd are just very low
So if we do martingale with a bank that can support 20-25 loose, we will definitly make money.
Fine, but how long will it take. Say, you have a bankroll for 25 losses, your starting bet will have to be very low compared to the bankroll. If you play with a bet of 1 dollar 11 losses will make you bet 2k USD, then 4k, then 8k, and we aren't even half way. Now if you finally win betting 16k(?) all you've managed to do is zero your wins and losses. You've spent some time playing, risked more than 20k USD to win 1$, but you've failed and still have 0. That's a hell of a plan!
So many people usually do not always understand that and they think with some strategy, you can simply just keep beating the house edge to it. It is plain simple; martingale exposes you to more chances of losing than winning. Let's say for instance you are starting with a base of 1, you keep doubling it up on every loss, and at the end of the day, all the losses put together will only end up giving you just 1 satoshi. That seems like an unreasonable risk to be taking, thinking you will have a huge chance in the long run. At the end of the day, you will still end up on the wrong side of gambling which is loss.