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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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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.
I think it's very dangerours. It Will cause wipe out the account
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)
The truth is martingale is a death trap but sometimes you can get away with it if you are so careful.
A coin is not 50/50 it's only 50/50 if you don't choose. If you choose it's less than 50/50 so your guessing and in the long term you will lose.
I have learned this from a game… and i thought… in that game… cause im good at it.. will it work on casino… yes.. will it actually work on trading.. so i tried practice account.. I trade like for 100$ profit with the starting of 17K i have gain about 28K and i havent really trade it more than 4 hours.. its only been 2 days… thats crazy.. and it works. You really need to get into a jagged statistic in order to win.. just look around 3 to 12 hours before.. if the trade is going down or up.. that should be your baseline.. it should added more than 50% of your chances.
Noooooooooooo!!!!!!
As a mathematician.. WHAT A LOAD OF OLD bad !!!
I used this system yesterday. turned $50 I to $500 online roulette. Took me all day. But then I ended up losing $300 in a matter of minutes. I couldn’t believe. Hurt so bad. Always hit that loong losing streak.