That's how casino counter the martingale strategy. Most of the bankroll won't keep up if they experience 20x losing streak. You need to have a ridiculous amount of capital to keep up with a very small base bet if you experience that kind of losing streak. This is why I don't do martingale only strategy on a casino since I've lost so much money just by doing it. It's an effective strategy but the risk of it will certainly drain all your bank rolls. I suggest to just use different strategies when you are doing a gambling session or mix some strategies.
This is the reality. Martingale method is only effective on short term bets since its good for recovery. Player should set a stop loss are loss limit when using this kind of strategy to avoid being rekt in long term. I’m using martingale on blackjack but instead of increasing my bet on single sit, I just add another sit to have 2 hands that equivalent to martingale x2 bet. This way I still increase my bet while having 2 chances at the same time.
Using this strategy on dice is very risky because dice result is pure random and long lose streak can happened anytime if the player is bad luck.
There have been many discussions but I don't think Martingale is ever a good strategy. In the past, like so many members I used it a lot and in the beginning it always went well. I kept doing it and offcourse it went wrong 2 times. Sometimes I still want to try it again but most of the times I can stop myself from doing it.
Martingale is good but only is you are lucky, it could help a gambler amass great wealth, but the fact remains that, it is purely luck based, and one thing with pure luck based games or strategies is that a gambler will always end up losing every thing in the long run, no matter how much you win..
But then again, martingale in itself is not a strategy used by or made for pleb Players, it can only be enjoyed by high rollers with big bank roll, if you are a pleb gambler like myself, you will end up burning away all your money without knowing what the money was used for.