There are very few stories that i come across about their success in martingale using
though there are many who had said to experiment this strategy but ending not satisfies with the result.
so i think that indeed that it is depend in their opinions and belief but at least we are sharing what we do understand from our experiences and from what we have watched and read over the years.
I think 95% of all players starts with the Martingale strategy. I know I used that when I started and had some good luck with it at the beginning. In the end, I lost money because we all know that is bound to happen when you keep playing Martingale. Everybody needs to find a system where they are happy with it and where they think they can get some success from it.
It's true, anyone who has ever tried martingale even once would know that it ends up with a loss eventually. You may look like you are making a profit for a while, but then it ends up not being all that great eventually and gives you a loss streak. It's just how the system works, you make money until it has a big loss streak, but the odds of you having a big long loss streak increases the more you gamble. Having 10 loss streak in 100 wagers may not happen, but having a 10 loss streak in 50k bets more than likely to happen.
This is why it doesn't work out in the end. You need to be making sure that you are doing a lot better on the long run and should be coming back with a great return without a doubt on your mind, but then it's not like that.