Does the Martingale System Really Work? How To Use It Without Going Broke 👊
Ver Vídeo: Does the Martingale System Really Work? How To Use It Without Going Broke 👊
Does the Martingale System really Work? http://www.financial-spread-betting.com/strategies/martingale-and-anti-martingale.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! This betting system originates from the casino. So you bet $1 on black and it comes red – next you bet $2 if you lose the bet again you double up again to $4. Now you have lost $7. So you next bet $8. You are literally doubling your bet size each time with the expect result that eventually you’re be right and you’ll recover back your original $1 stake.
1,2,4,8,16,32,64 – see how quickly your stake size has to increase…This is why you have table limits at casinos. Does this system work? Unlikely, the risk is too high – eventually chances are you will end up being wiped out. The risk of ruin is just too high. Do you have an experience with martingale trading system? If so let us know by commenting on this video.
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i did this without knowing what it was , or that it had a name, when i was a little kid. We used to bet marbles. I used to bet 1, if i lost bet 2, bet 4 and then when i win, go back to 1. I also felt it was failsafe. until i lost like 8 or 9 times in a row and lost everything. I felt heartbroken as a little kid then, specially cuz i was really good at maths as a kid. but that moment was crucial to teach me to stay away from gambling for the rest of my life. So that fanny pack full of marbles i had as a kid saved me thousands in the long run.
This system is basically running a system for ages to learn a fraction of what you have at each cycle. the problem is that with a 50/50 toss, in order to double your money, theres as much chances of eventually to draw all the loses to lose it all as there is to "slowly double" your money. (assuming no house cut)
I think it's very dangerours. It Will cause wipe out the account
Just never forget your chances are below 50% and in an infinite amount of time without infinite money you WILL make a loss.
It all comes down to eventually hitting that terribly long loss streak. Binomial graph never reaches zero.
best
Oh it def works if you have unlimited funds
Large account small starting trade like 0.01 per 20k one step every 10pip martingale multiply 1.5 not 2 but TP 20pip. On currency pair with high liquidity small spread like eurusd and should be fine I did back test strategy 4years past and biggest DD was 25% You will not make much but better than let your money sleep.
I use this strategy on basketball sports betting
Is easy to win , hard to leave..I bring my son to hit the cash out botton..😁
8:00 damn, don’t give away my edge. Up 60% in 6 months doing just this. 🤫
I use a martingale strategy but with a trailing stop and with a step multiplier and If it looses more than 100€ it closes all the trades also it has an advisor so it only opens trades when there is a higher chance it will succeed do you think it will fail?
How about martingale in reverse way? I made more then 100k with it…
You got rid of black people betting on it 0:55
Quick story. Playing european roulette online, started with 50€ betting 1€ red/black usin matingale, made it up to 950+€ in two days, insane. I was trying to make it up to 1000€ before cashing out, then lost it all in a streak of 8 or 9 losses. Yeah, i was dumb af for not cashing some money out.
Yes the mini confined Martingale strategy works often. First determine the most probable turning point either short or long. Second buy or sell at those points. Then if the market over shoots then buy or short some more because the further the market moves away from the expected turning point the more likely the market reverts. Limit loss with position size. Don't use margin or use very little and let time be your friend. Carefully determine strength of trend using volume, spreads and speed of market movement (level two data) in determining the strength of over shoot. I have sat on these trades for minutes, hours, days, weeks and months but I have never lost a penny to date. Indicators like RSI, Bollinger Bands, Moving Averages, Volatility and Trend Indicators all help determine turning points. Key though is to never use the raw Martingale system as it will indeed wipe traders out quickly. A short hand way of describing this system is to just scale in and out of positions lol.
I see this working better with options because you know what the payout is.
i dunno man, I think you would be better off just buying a lot of stock on a big dip down that has proven history of recovering from similar dips, dropping a lot on it and just playing the waiting game instead of pussy footing about.
The only way a betting strategy works is when you have a better than 50% chance of winning. See the Kelly Criterion. If your chances of winning are less than 50%, a martingale betting strategy win lose money. And, good luck finding a Casino game with better than 50% chance of winning!
It works 100% you need a good bank roll for it to work!!!!! It's better to play 2 to 1 odds!!!! When you win go home!!!!!!
I tried online gambling for the first time on Wednesday I made a deposit of a fiver and on blackjack I got up to 120 euros then I started to do the doubling bets when I lost and I ended up on 0 lol I'm absolutely gutted but it happened on blackjack I never tried it on the roulette . I got to greedy
I have a strategy involving 1,3,7 progression and when you lose third wait until your color hits, so if you bet on red wait for red and stsrt over at 1. I got good results after 20 000 spins, house edge reduced to 1% and majority of time I was in profit but eventually lost it. Hovewer I think it could work on blackjack for profit sinxe house edge is smaller. If someone is able to simulate at least 10k hands with this strategy please do it and tell me the results.
Its good stratergy but u need a good bank roll
very well explained
pls introduce another strategy with a win rate aprox 80%. thank you
I'm actually working on a martingale system that actually works. Used it in casinos and consistently made 250 a hour. Will see how it goes
But sir when we invest 100 and if I win we get 175 to 200 and if loss 100 complete
I've been using martingale system with sportbets. Works perfect for me. I have a bankroll of 200.000. I withdraw. 300k a year. It's a nice system when you have a large bankroll and play low. It goes up quick. I can make more. But I don't want to have 1 million on a platform. You never know haha
The way I learned it you bet on red and black,, use 2 wallets. In other words you need to play like 2 separate people. I've tested it it does work
Funny this is pretty much the best way to trade ALT coins in the cryto currency space. Limited with a floor… but knowing where the support should be and then buying the dips to sell for a dollar cost averaged gain. BTC is a case in point.
Oopsss….I just acquired a Forex bot that uses the Martingale system…help!!!
Should I trash it or…?
Its a GravityFX EA, 1.51 v 1.51
Works with mainly the 5 selected pairs and on the 5 min time frame. Minimum equity required is $1,000
I'm yet to use it on my live account.
Any one here ever used it on a live account and knows how good (or bad) it is in reality when running on a live account?
The martingale is always profitable if u always withdraw all the profit u get every week before the account will blown up, so u always keep the profit outside safely.
Im lost because this martingal system.. My MM now 10 10 20 30 40 60 80 100 120 160 180 200.. Back to 10.when in profit
No. Because the spreads always get profit.