Quote from: johhnyUA on March 04, 2021, 10:47:07 PM

Quote from: pawanjain on March 04, 2021, 04:26:55 PM

So it's not even 30 bets of losing streak. Only a fool will bet more than 1BTC to receive a reward of 1 Satoshi in profit.
This is where martingale strategy sucks but yeah there are other ways to use martingale as well.
Such as changing the seeds or continuing the other day or may be changing the strategy in some other way.

Ehmmmmm....

The only way to use martingale strategy, is the abstract condition of "unlimited resources". Meaning you're already have unlimited amount of btc, that even if you'll lose 1000 in a row you still have btc to bet (and one important moment - you still need to have X * 2^1000 amount of btc to potentially cover all your previous loses, where X is initial amount of btc) and win.

If you have living in real world, you have a limited resources to gamble. So in any way you will lose your money thanks to such "strategy"

I would agree.

The martingale strategy would be possible assuming that the person has unlimited resources in order to cover for the next bet. Again, we are talking here about the probability and the luck of losing- that is why the possibility of experiencing a losing streak may sound impossible but it is possible.

I personally tried this technique but I failed to recuperate after a 5-losing streak last year when I visited a physical casino. The amount exponentially increases as you lose but you tend to recover back your losings after one win.