I have used this strategy so many times, but it hasn't brought me anything good. It just melted my deposit faster. No, it doesn't work in casinos. How stupid do you have to be to still use it? Other players already have a lot of experience. So why not see what came of it? Why test it on yourself? Well, if you have a lot of extra money, you can play this way. I want to say right away that I know the outcome.
For example, not every player faces long losing streaks. If someone places bets and keeps detailed records, and they see that their losing streaks usually do not exceed 3 to 5 matches on average, those would be their worst runs. In that case, they can manage their bankroll in a way that allows them to feel safe, keeping a solid deposit buffer. And if losses alternate with wins, they can apply this strategy. But honestly, I am not sure if it makes much sense. If a player has good stats without long losing streaks, they can simply adjust by increasing the odds they choose, and it would be a safer approach for their bankroll. That is just my opinion.