In short, is the martingale strategy in betting in such gambling games such as roulette and dice do really is effective strategy? For example, what if you are winning, and every time you win, you double your bets, and basically apply the martingale strategy, which is to double your bet when you lose.
No, it's not a good strategy if you have limited funds I've tried that many times in the past and I always ended up in a losing side, you sometimes win but most of the time you lose, a lot of people have experimented on this strategy and depends on your control and luck you can only extend your playing time but winning I don't think so.