Quote from: piebeyb on Today at 03:08:14 PM

Quote from: 3kpk3 on December 12, 2023, 01:34:35 PM

However, if you encounter a long winning streak, you could get rich overnight by doubling down on every bet and stopping at the right moment. Streaks <-> Luck!

Yes, this happens if you experience a winning streak, but if not, it will turn around and not be as expected, that only happens if you are lucky, but personally I have never found a winning streak of more than 5x, even though it happens, not everyone will double every time. their bets are very risky and turn into consecutive losses, after all there is no need to use the martingale strategy just to get more wins because I often use it on this site, it never works and always fails.

Don't think too quickly that doubling your bet can make you rich overnight because actually gambling is not just about winning, there are risks that we have to understand before winning, think about how to deal with defeat and losing money when gambling, because if you continue to assume if you win it will be painful if you don't get it

I guess it's easier and faster to say that, gambling is not a money making venture and no one should see it as this because it's the wrong perspective, this I believe could be the third or forth time I am talking about gambling not being a source of income today, but then, it's still a simple truth we can't stop preaching.

Doubling ones bet to win more money during a winning streak is still as risky as hell, since a winning streak does not give any sign as to when it will stop, that moment you feel, "oh, I've been winning all along, let me stake my entire bankroll so that I will double, or triple it in just one roll" could be the moment you hit a loss, and in a twinkle of an eye, every single profit including your capital, you made so far are all gone with the wind, what more can be more frustrating in gambling like such an experience?

It's good to note that sometimes, such things as a winning streak could be a trap, luring us to want to stake everything in the expectations of doubling or triple with one roll, only for that one roll to end up being a loss, and boom, everything, every single penny is gone.