Would that make a huge impact to your funds? I haven't tried it so far, but for me, I don't that is really effective as if we lose, we aren't really going to win right after, because there is still a possibility of losing once again.
That would largely impact your funds.
If you are doing the betting with the strategy, I guess you could control that loss but when you are using a bot that I do with some of my faucet satoshis, it is quick to lose. As you said, the possibility of being in a losing streak is always there that you never know how long will you double up your funds and how long would your funds handle that is really a problem.