Quote from: AmoreJaz on Today at 11:55:00 AM

Quote from: dwyane36 on Today at 11:45:13 AM

Quote from: Fivestar4everMVP on May 02, 2023, 07:52:43 PM

Martingale, like we are discussing, I've come to discover its not for gamblers with low bank roll, use this with a low bankroll and you will definitely end up burning your entire bankroll, except you are disciplined enough to stop gambling half way,, I've tried the martingale strategy on a $100 bank roll, and the speed through which I lost the entire money surprised me, even with some minor wins here and there in the process, before I knew what I was doing, my entire bankroll was empty, that was the very day I swore never to increase my bets, except on special occasions where I was ready to loose all the money and rest..

Martingale is for those with big bank roll, the bigger the better, and so is your chance of hitting the jackpot higher, that is making all the losses back in one shot.

Yeah, $100 is too small a bankroll, especially for a strategy like Martingale. Let's imagine you're playing a dice game with a 50% chance of winning and set 1 cent as the minimum bet to mine BFG tokens as a bonus. In that case, 12-13 losses in a row would be more than enough to completely empty your $100 bankroll. The only problem is that 12-13 losses in a row aren't the worst thing since sometimes there might be more than 20-25 losses in a row in a dice game, which means that even a bankroll of a few thousand dollars is not safe for the Martingale strategy.

but even if you have good amount of bankroll, still, there's no guarantee you will go home big. that is, if you don't stop even if you already hit your winnings. because let's admit it that when you hit your winnings, you will aim for more big winnings. but in most cases, such big hit won't come. and before you know it, your bankroll is almost gone. with martingale strategy, we can't know how many losses we will suffer before getting that winning streak.

Yeah, no gambler is immune to losses in gambling, even those with high bankroll, but the truth is that, high bankroll gives a gambler a better chance of winning big, this is if he or she is lucky though.

Do not forget that the higher your bet amount, the higher your winnings of one luckily hit a big chance, winning a jackpot with $10 bet won't give your much profit compared to winning the jackpot with a $500 or more bet, but then also, I agree that one should always take a break after hitting a big win, this is because the chances of going through a long loosing streak is high after every major win.