Does Anyone Here Follow The Gambling Principle of Martingle to Profit?

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  • Seaweed
    BARRELED IN @ SBR!
    • 01-19-12
    • 26320

    #1
    Does Anyone Here Follow The Gambling Principle of Martingle to Profit?
    The strategy has the gambler double his bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake

    Brock, this may be your system.
  • Seaweed
    BARRELED IN @ SBR!
    • 01-19-12
    • 26320

    #2
    the probability of losing the entire bankroll and being unable to continue the martingale is equal to the probability of 6 consecutive losses: (10/19)6 = 2.1256%. The probability of winning is equal to 1 minus the probability of losing 6 times: 1 − (20/38)6 = 97.8744%.
    Comment
    • cant call it
      SBR Hall of Famer
      • 08-29-10
      • 8817

      #3
      Brock has a very unique ultra advanced air betting system. He reloads daily , win or lose.
      Comment
      • Seaweed
        BARRELED IN @ SBR!
        • 01-19-12
        • 26320

        #4
        Originally posted by cant call it
        Brock has a very unique ultra advanced air betting system. He reloads daily , win or lose.

        Comment
        • James D
          SBR MVP
          • 01-03-13
          • 2040

          #5
          Yes there are many people here that employ the martingdale betting system. Eventually they only are betting SBR points but yes they are utilizing martingdale.
          Comment
          • InTheDrink
            SBR Posting Legend
            • 11-23-09
            • 23983

            #6
            martingale = powder keg waiting to explode
            Comment
            • ChalkyDog
              SBR Hall of Famer
              • 10-02-11
              • 9598

              #7
              Only in blackjack. And rarely to profit. Mostly to drunk.
              Comment
              • I'm_Lucky
                SBR High Roller
                • 01-16-09
                • 143

                #8
                Even if you had an unlimited bankroll, how would you account for the max bet limit whether it's blackjack or sports betting?

                I don't know about you, but I've once lost 14 consecutive bets on -110/-115 lines, so I'm not sure Martingale is a good system for anyone
                Comment
                • TiredPro
                  SBR Wise Guy
                  • 01-17-12
                  • 672

                  #9
                  Probably works best in roulette. Need to start at very small dollar amount or else you may run into table max. Like any wagering if you don't have an exit strategy you will sit there all night and that is exactly what they want you to do. If you try it with sports wagering you may reach your choke point real quickly if you go on a six or eight game losing streak.
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                  • nikossf
                    SBR MVP
                    • 03-02-10
                    • 2217

                    #10
                    flip a coin..odds are the same... bet 1...bet 2..bet 3...whos to say bet 4 wins? bet 5..can still lose..so can bet 6.. Then you will say its all rigged... Well,..flip a coin and try to predict this. Same principle.


                    Playing poker with a great ol' Chinese man the other night...Guy goes on to tell me one of the single most important lessons I've EVER heard in my life.

                    "Does not matter size of wager, only wager placed."

                    Comment
                    • edawg
                      SBR MVP
                      • 07-09-11
                      • 2866

                      #11
                      The key to martingale is to have win limits which very few have the discipline to do.
                      Comment
                      • Jayvegas420
                        BARRELED IN @ SBR!
                        • 03-09-11
                        • 28229

                        #12
                        Try the reverse Martingale!
                        Double when you win and take your bet down when you lose!
                        Comment
                        • jankee
                          SBR Rookie
                          • 02-19-13
                          • 11

                          #13
                          Originally posted by nikossf
                          "Does not matter size of wager, only wager placed."

                          Always trust the Asian old guys.

                          I myself, find the Martingale system pretty .. doubtful. I don't like risking my bankroll like this.
                          Comment
                          • numismatist
                            SBR MVP
                            • 10-02-11
                            • 2192

                            #14
                            Bunch of mumbo jumbo as far as I am concerned.
                            Comment
                            • Azzurri
                              SBR Sharp
                              • 02-14-12
                              • 348

                              #15
                              better have cash to burn and a huge limit or else
                              Comment
                              • kfranz31
                                SBR MVP
                                • 02-09-10
                                • 1186

                                #16
                                i tried it at craps before won the first two times then got gusted on the third try so i dont like using it but of course the roll after my bankroll was gone i wiould have won go figure
                                Comment
                                • MUHerd37
                                  SBR Posting Legend
                                  • 10-23-09
                                  • 12816

                                  #17
                                  I have used the martingale system at the casinos playing blackjack and roulette. Has always worked good for me.
                                  Comment
                                  • samgurt
                                    SBR MVP
                                    • 05-31-10
                                    • 2980

                                    #18
                                    don't need it. I hit 100% of my bets.
                                    Comment
                                    • Louisvillekid1
                                      SBR Aristocracy
                                      • 10-17-07
                                      • 52143

                                      #19
                                      I prefer Labby Lines to martingale
                                      Comment
                                      • pavyracer
                                        SBR Aristocracy
                                        • 04-12-07
                                        • 82667

                                        #20
                                        I like to mingle when I martingle.
                                        Comment
                                        • jankee
                                          SBR Rookie
                                          • 02-19-13
                                          • 11

                                          #21
                                          Actually, I have heard that using Martingale system is better in baccarat than in roulette, mainly because of the lower house edge. What do you guys think, where do you use it more?
                                          Comment
                                          • tto827
                                            SBR Hall of Famer
                                            • 10-01-12
                                            • 9078

                                            #22
                                            Originally posted by jankee
                                            Actually, I have heard that using Martingale system is better in baccarat than in roulette, mainly because of the lower house edge. What do you guys think, where do you use it more?
                                            He was kidding dude, you should NEVER martingale.

                                            If you start at $10, you're looking at over 5k by the 10th bet. Who the fukk has a goal of making $10 in profit, while risking that kind of money to get there.
                                            Comment
                                            • marcoloco
                                              SBR MVP
                                              • 07-05-10
                                              • 3986

                                              #23
                                              i have no principles when gambling
                                              Comment
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