Attention Nit Wits: Martingale System Does Not Work

[jjgold]

When are you fuks going to realize this???


Martingale only works with unlimited bankroll and books that have no limits and in both cases that will never happen and not reality.

Wake the fuk up and stop losing all your points

[SamsNCharge99]

thanks OTW

[MC PICKS]

Stole this quote from wikipedia, thanks for giving me the motivation to learn something I had never heard of before JJ.

WIKI
"Martingale betting strategy was seen as a sure thing by those who advocated it. Of course, none of the gamblers in fact possessed infinite wealth, and the exponential growth of the bets would eventually bankrupt those who chose to use the Martingale. It is widely believed that casinos instituted betting limits specifically to stop Martingale players, but in reality the assumptions behind the strategy are unsound."

[Willie Bee]

I do find some benefit to the system, JJ. It's like God's way of weeding out some of the idiots from gambling.

[jjgold]

It teases you for a while with small profits then before you know it you hit the 7 in a row loses and your done.

[whatsgood5]

I refuse to believe this jj

[PittsburghPlayer]

I have never used the system, but it seems to me that if you play small starting off at 10 or 20 bucs a game (or whatever number would work allowing for a losing streak)it would work. However, that would take some patience AND balls for when the player does hit that losing streak.

[jjgold]

In sports it could work only if you wait for a really good team to lose the money two games in a row. How many very good teams lose the spread 7 times in a row??

[Dunder]

I have never used the system, but it seems to me that if you play small starting off at 10 or 20 bucs a game (or whatever number would work allowing for a losing streak)it would work. However, that would take some patience AND balls for when the player does hit that losing streak.

Based on $20 "unit"

Starting bet - $20
after one loss - $40
two losses - $80
three - $160
four - $320
five - $640
six - $1280
seven - $2560
eight - $5120
nine - $10240

In European Roulette there is more than 50% chance of hitting nine consecutive losses within 300 spins.

That is two jjgold posts within a week that I agree with, somebody shoot me.

[PittsburghPlayer]

Dunder, point taken. I was thinking that a player could play any team he wanted. I have never lost 7 games in a row so for a moment considered it possible, but I pick and choose my spots. 7 plays sometimes takes me two weeks or longer to make. And seeing the numbers double up as you displayed has me in line with you and JJ. Not a good way to go. Thanks for the lesson and doing it without having to make an ass out of me, as some here feel the need to do. Yo.

[no1here]

I have it 'adjusted' to working but man is not machine enough to implement.

[Domestic]

Just take your 7 points a day men and stash them away. Those of us that have lost hundreds in the god forsaken casino remember the sickening feeling and I would not wish it upon anyone.

[Jaug]

You can chase in betting but it's obvious people are getting tricked by these chase systemes. "At least one home win chase system" has got like 1 million views and people are actually believing that crap. I just wish I could book people using these blind chase systems.

[pico]

what you need is a lucky charm to pull this off. half of it is believing. once you're on a roll, it is like a snowball. this is what gambling is all about. i am the expert here.

the trick here that you have to adjust your way of thinking why you want to play this game. if you're in it for the money, you're probably thinking about killing yourself when you hit a long losing streak. if you treat it as a challenge, then you'll feel like playing a video game. don't feel like you're going to bust the book, cuz you won't able to with this. just try to see what is the longest streak you can achieve before you go bust and try to beat it.

a good goal to set is try to double up your initial bank roll. chances of that happening with this system is about 30% to 35%, which is much worse than going all in with a even odds bet. so you have to be lucky...like i said earlier.

good luck.

[pico]

also don't use it at online casinos cuz it is a black box, once you start having a losing streak, you'll think the game is rigged (it might be or might not be) and you'll just want to kill yourself.

use it at someone that is more transparent. that you think it is really hard to fix. (this doesn't increase your chance of winning, but you won't go crazy when you hit that big losing streak)

[pico]

and those games you end up betting, you shouldn't be watching them cuz it'll make you really nervous. just check the score after it is over.

[pico]

here is another tip. god hates gamblers so majority of you guys who try this system will lose your shirts.

[pico]

however, if anyone ever succeed at this system, that is the proof that god does not exist.

[pico]

jj always bring up this topic two or three times a year to make himself sound smart.

imo, you're expected to lose the juice anyways. using this system just makes you bet more, so the books likes it cuz they get more action. just add up all the bets you made last year and 5-10% of that is your negative profit margin for the year. this will be true for majority of the posters here.

[onthewhat]

[TheAccountant]

I cannot believe this is still even talked about, but it seems to come up time and time again with gambler.

It is math - there is absolutely no variation of the Martingale that works. None at all. If there were, people would use it. Lots of them.

[FreeFall]

JJ can we please start banning for this? Or maybe a 7 day period in the newbie forum?

[jjgold]

Sports betting martingale is a little different than games of chance martingale, I would think you have a better shot with martingale in sports betting because more % involved vs games of chance where no skill involved. If you martingale a really good team you might win a little but its not really worth the risk.

[Vesuvius]

It works if you do it right.

[SlickFazzer]

Good information gentlemen.

[poker_dummy101]

as soon as i saw this post, i took my 7 daily points and tried to martingale them. damn u gold

[keyboarding]

In sports it could work only if you wait for a really good team to lose the money two games in a row. How many very good teams lose the spread 7 times in a row??

The Vancouver Canucks lost 8 in a row at home last year. That taught me chasing isn't worth it.

[jjgold]

Keyboard did they lose 8 straight games or 8 home games in a row?

[DrStale]

It generally works pretty well if you only use it for small gains and rarely. For example, if you have a large bankroll or point roll, and for whatever reason you needed another 5 to 10 points you would probably be successful in using martingale to acquire them (until the one time you couldn't). As a longterm strategy it's certainly gonna to destroy you though, as anyone who has played martingale in the SBR casino can attest to.

[Unicorn7]

When are you fuks going to realize this???


Martingale only works with unlimited bankroll and books that have no limits and in both cases that will never happen and not reality.

Wake the fuk up and stop losing all your points

[keyboarding]

Keyboard did they lose 8 straight games or 8 home games in a row?

Both. They lost an 8 game home stand.

[blueghost]

DOES NOT WORK,,short term gain long term losses as fore mentioned a 1000 times..tried many variances of it IT DOES NOT WORK PERIOD

[krk1030]

A better system to to do it in baseball with a bad team that is always a dog.