A very detailed look at the Martingale betting strategy

Thank you for sharing the video. Very interesting. 30 years in the past I have a student college thinking he could double up with this strategy. He have to leave the university because he was running out of money (to many times zero)

Originally posted by DonWolfo
Thank you for sharing the video. Very interesting. 30 years in the past I have a student college thinking he could double up with this strategy. He have to leave the university because he was running out of money (to many times zero)

In 1981 my new wife and I went on a bus trip to Reno with our bowling team. We didn't have much money, but we set aside $200 for gambling. In those days, there were still $2 to $200 tables.

I was playing blackjack, and had to make my $16 bet several times, but didn't worry. However when I had to make a $64 bet I was near panic, since if I lost, there would not be enough left to make the necessary $128 bet. I won that hand, but we quit playing blackjack that way.

Very well done video about the topic, but has anyone ever researched that, instead of doubling the bet after losing, you would triple the bet? Obviously encounters the same problem that bet sizing is limited and need a huge bankroll when you eventually run bad, but the theoretical winning is higher than just the initial bet.

Originally posted by Erakko
Very well done video about the topic, but has anyone ever researched that, instead of doubling the bet after losing, you would triple the bet? Obviously encounters the same problem that bet sizing is limited and need a huge bankroll when you eventually run bad, but the theoretical winning is higher than just the initial bet.

But so is the likelihood of busting out.

To put it in a nutshell, whatever betting system you're using, your expected losses will always approach the house edge in the long run. You wouldn't be able to beat a coinflip in poker either by just continuing to put more money into the pot next time.

Originally posted by Harrier88
To put it in a nutshell, whatever betting system you're using, your expected losses will always approach the house edge in the long run

I wanted that on a T-Shirt, but it wouldn't fit

But this will:
ROI ≅ House Edge

Interesting video for sure

I've tried the Martingale betting strategy, and it can be pretty intense. The idea is to double your bet after each loss, hoping to recover with one win. However, you need a big budget to handle long losing streaks. It works best for games with even odds, like roulette or blackjack.

Personally, I like to mix up my strategies. I'll use Martingale for a bit, then switch to flat betting to manage my money better. I play different games on tomslot88, like slots, poker, and roulette, which keeps things fun.

Originally posted by Erakko
Very well done video about the topic, but has anyone ever researched that, instead of doubling the bet after losing, you would triple the bet? Obviously encounters the same problem that bet sizing is limited and need a huge bankroll when you eventually run bad, but the theoretical winning is higher than just the initial bet.

That's extremely risky, IMO... You would run out of money way too quickly with an even milder bad streak than you would with the standard Martingale method.

I’ve gone through a lot of those “surefire” betting systems like Martingale and honestly, I always end up losing way more than I expected. One bad streak just wipes everything out and kills any little short-term wins. Even trying to triple bets after a loss just speeds up the bust, at least in my experience at the roulette tables. I now just see the games as entertainment, not a way to actually make money over time.

At https://everycasinobonus.nl/1red-casino/ , there are some pretty unique bonuses for new signups right now if you’re curious.

Originally posted by akku84
I’ve gone through a lot of those “surefire” betting systems like Martingale and honestly, I always end up losing way more than I expected.

Have a look at the variance calculator here: https://www.primedope.com/poker-variance-calculator/
After you've played with it a while, you'll realize the effect of time on your poker winnings

I usually play around with different sizes until it feels right for what I want to work on. Somewhere between 7x5 and 10x6 usually gives me decent room to think clearly.

Originally posted by Purenatt
I usually play around with different sizes until it feels right for what I want to work on. Somewhere between 7x5 and 10x6 usually gives me decent room to think clearly.

Hi Purenatt,
Welcome to PokerStrategy.com

Sizes of what? How does that relate to the Martingale strategy?

Cheers,
VS