Quote from: babygun on May 10, 2023, 07:21:02 PM

Quote from: Fivestar4everMVP on May 10, 2023, 05:00:40 PM

Martingale strategy, as I understand it, does not give winnings, like I've said in several of my comments on other threads concerning this topic of martingale, martingale is a gambling strategy that does not increase a gamblers chances of winning, it only increases the amount of money the gambler wins if he or she gets lucky to hit a win.
Increasing your bet on every roll does not make you win faster, that is, it does not increase your chances of winning, rather it's simply the same technique with "the higher your invested money, the higher your profit when the market is green", with this strategy, when you hit a win, you make more money due to the higher bet amount.

Normally, your chances of winning on every roll remains 50:50, martingale present or not.

Martingale does give you winnings as it doubles your base bet but that's it. So if things go bad and you start with 1$, it could take a bet of 512$ to give you the profit of 1$ lol. You are right that the winnings for every roll remains the same, but is it not also psychological? When you see a lot of low numbers on Dice in a row, your mind will think that the chance that a high number will fall is bigger all though mathematically they are still the same.

Depends from how luck will back you up, as the losing streak will force you to waste a lot of money trying to recover and take that small amount of profits, just the same with how most of us understand this strategy, it's more on how good you are in controlling your bankroll and how good you are in controlling your emotions.

With a set of target profits and if luck permits you to achieve and you manage to quit and you did not let greed to manipulate you.

Then yes, you can go out and make some money but for sure it's just a wonderful wording but in real scenery, greediness will always win Grin