Does the Martingale System Really Work? How To Use It Without Going Broke 👊
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- เผยแพร่เมื่อ 15 มิ.ย. 2024
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Does the Martingale System really Work? www.financial-spread-betting.c... 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.
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 was nervous just watching this lol
LOL
wtf yes same here lol
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I do this in sports gambling and never lose 7 games in a row, ever.
I have been using martingale type strategies in different ways in various trading strategies. It is a beautiful idea when applied correctly to manage losses. The biggest difference between the example above when applied to roulette is that the casinos have the odds on their side but in the markets YOU should have the odds on your side assuming your strategy is good
Martingale: you always win until you lose everything (streaks are just a matter of time)
Good money management: you risk small... some days wining some days losing but in the long term you’re positive.
What do you prefer... risk small to gain more or risk big only to recover losses
@Yulianus Zhong What you have written contradicts itself!
Thank you for being so clear! It's hard to find ppl who can explain it well.
Using the martingale since a year with an indicator from market. Basically I use 0.01 lots for every 1000$ I invested. Yes I hear that you tell me that I dont make too much profit with this. I earn a stable and stressless 2-4% of my equity every month. For me to be stopped out, the market should stay in a range for a month which is never possible.
i use $2000 to earn 10% in my 1st month using 0.01.. but after that game over.. :(
What happens if you have a 70% winning strategy ( trend following) and you use martingale only 3 time with a 1% risk, so you will end up losing in the worst case 7% ( 1+2+4)
An additional factor to consider here is the proportion of position size to equity.
The way martingale works for me is I use it on games that don't normally lose more than 3 times in a row. I lose 20 out of 5 sessions. The two losers are canceled by the two winning sessions which leaves a total of one winning event. Can't win a whole lot but at least win in the long run.
Let me say two things about martingale strategy... First if we take a buy order twice and it went against us ...the next we can also take a sell limit order instead of the buy order we have being taking....its not necessary to place only buy...orders in Forex ...the orders can be changed to a sell limit order if you observe that the tread have changed....another is ,it best to change you order after every three lose . it shows change it tread...to get back your loss. If studied and fine tuned...we can make great fortune through it....for beginner trader this is one of the greatest strategy...even if your strategy has a loss rate of 1 to 7...you can used martingale strategy to get it all working fine...please study it first and put spread and commissions to consideration before you try it...it also has its down parts.
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?
The Martindale EAs that Ive seen used to trade forex constantly move the TP closer to the breakeven price on each new opening trade that is of higher lot size then the previous one. This with enough leverage causes recovery of loss from a tiny move in direction that benefits the open positions. If you set up another EA to disable all trading EAs and close all open positions when a pre determined maximum margin used is reached.. Then this strategy i think will win more often then lose. It has for me in live trading.
It works well if executed without emotions and obviously you are generally good in picking the right directions the market makes..
Price movement is often not a random walk, therefor you can't compare it to a coin flip.
I see this working better with options because you know what the payout is.
We have an advantage here . First one roulette have a 0 and 00 so the odds is not 50/50 but in trading you bet with the market direction and never against it. Check daily chart for trend direction and then back to the 15 min chart and trade between support and resistance lines in the market direction only. Keep your entry and exit 20% far from the support and resistance lines. Make sure stop loss and TP is set between the 60% range
Im not a trader but a fundamental investor. The example at the end, buying parcels as its moving down makes great sense as there is an intrinsic support i.e the fundamentals of the company backing your investment. From a fundamental point of view, the risk vs reward increases greatly the lower a stock goes.
I came up with this idea as a little kid and never knew it had a name or was a real strategy. Have a degree in applied mathematics now
Martingale and averaging down are two totally different concepts. Buying more as the market plummets is simply scaling in to a bigger position. Martingale is a draw down management technique. In other words, if your account is down 20%, martingale recovers all loses in one trade which is really nice because you don't have to "work hard" at trading your system. Obviously, martingale is not a strategy intended for gaining profits. So basically, you martingale to recover your losses. Once you recover them, stop martingale-ing i.e. taking on more risk. Why are people fucking up and misusing a beautiful concept? lol
I like how you elaborate it. How long have u been using?
Totally agree with you man. Everyone talks about “oh trading is 50/50, either you lose or you win.”That’s true in a sense.. But people also forget that if you actually HAVE an edge in the market, it’s not 50/50. Everyone that talks about martingale in trading doesn’t know what they’re talking about. This isn’t a 50/50 coin flip or roulette table, find an edge people.
Martingale's IS a profit gaining strategy in roulette from where it originates. You obviously do not understand it. In roulette you risk 1 to gain 1. If you loose you then risk 2 to recover the 1 lost AND TO GAIN 1. If you loose you risk 4 to recover the 3 lost AND TO GAIN 1. This 'AND TO GAIN 1' is always there.
Good video fella ...martingale type strategy in a bear market setting is defo less hazardous
the way to do martingale is to record lots of statistics, and work out 95% distribution of number of trades before winnings; ie lose, lose, win, l, l, l, w and so on until you have 95% distribution. Then never go beyond the maximum number of loses, as per the 95% disctribution of normal luck.
Martingale works in a up trend when you missed your entry just 1:1cash size if it was a good trade in the first buy your just getting more stock cheaper
I tried this system, but with a kick, I would wait 4 turns and see if it came red or black and if it did 4 turns in a row then I would bet the opposite, well it worked out and I made 30$ into 150$, but then came one round where it was red for 15 rounds in a row. It was unbelievable.
Wow the most I've ever seen was around 9 in a row for me 😯
lWar Maniacl i lost 10k using this strategy but some other times i get 20-30k $ its just a slow progress. I gamble 300$ a spin and keep going up when i loose. I go in profit when i win many times between 1-3 turns.
Set your self a limit so you can recover faster for example 50 - 100 - 200 - 400 - 800 STOP ! Take your loss and start over
@@lwarmaniacl8668 apparently world record is 34 x red Roulette
bet opposite does not rescue the first trade placed.. i am figuring out this.. how many turns do you think is enough to cover the drawdown..lets discuss.. haha
This works if you have a consistent win ratio I have signals that never go more than 4 or 5 losses in a row
i like scaling in my total position with micros it allows me to be less precise on entry and my strategy is based around identifying the end of a trend.
ofcourse you must have a max size you will commit and be very clear at what point you cut it if it goes wrong, if you do not have that discipline you are essentially a land mine trader at that point.
i liked the alternative martingale suggestion
It makes absolutely no difference in roulette. Each spin is independent. The odds of hitting red after 1 black and hitting red after black hits 15 times is the same.
Amazing video! Martingal does work. Huge profits
Martingale doesn't work in the long run, but occasionally I will use Martingale, but not more than 5 losses. I only do it when I think the table is going back and forth. If the dealer is hot, do not use Martingale.
I used this strategy at the casino before I knew it was illegal, lol! It worked so I’m thinking about trying it with trading once I get better and more confidence
Is easy to win , hard to leave..I bring my son to hit the cash out botton..😁
I use to martingale at the roulette table. I was successful for awhile, then wake up one day to bet on odd against 18 straight consecutive even numbers. I've seen this scenario more times then not. Even the most legit casinos are using pins in some of their wheels.. I was thinking of trying this with 1/3rd bets. This way, instead of doubling in, I can hedge my bets progressively. So, say I see 4 consecutive high numbers hit 25-36, and the next frequent hit set of numbers are midlle 13-24.. I'll bet on the middle set at $5, then hedge up to 10-15-20-30-50-75-110-170-245, etc. It adds up, but it's more affordable.
Lol now you went against the table!!!!! You should always bet with the table!!!!!
i start a martingale when the market is already extremely oversold, it seems to work (for now lol!) trouble is, markets are all ponzi dumpster-fires nowadays!, they crash and burn and get you rekt! :(
RSI is misleading
how is it working for you now?
The technique is extremely high risk, but if you know where and when to execute it properly it would be highly profitable 🔥🔥
If you bet on secure funds that are proven to grow over time, the martingale will always work and unlike betting, you don't lose the money each time you double, you just have the stocks at a lower price and then when the stock goes back up you have a wealth of earnings
What if you start with 0,1 lot size on a divergence entry point and doubling your lot size everytime there is another divergence pointing towards your target?
I've been backtesting for month on a minute time frame using RSI divergence starting with 0,1 lot size. I would've won all trade. The lowest I got is 2,547$ which is not a lot considering you can have a bankroll of 250k or even more. I'll keep on backtesting since I'm still skeptical but everything indicate that it is doable with a certain approach and reasonable size bankroll.
The truth is martingale is a death trap but sometimes you can get away with it if you are so careful.
Trust me this system is a game changer.... but you need to apply it correctly.
why not instead of doubling just keep a same amount when its a dip, what will happen there ?
Why u not do 0.01 0.02 0.03 that way it works I use it for 2 years and 25 pip to 50 pip it’s does work
Can u pls elaborate
next try sequence (100pip) 0.01 , 0.03 , 0.07, 0.17. add more capital risk.
All this correct, except for 15 or more times of the same color in the row and then you reach the maximum bet. P.s. happened to me personally 16 times black, never mind how much I lost.
vlad
If you followed the results & bet Red you would have won. Why did you stay on Black ? Also if you had a stop loss (no bets after a L3 or L4 for example) & waited for the run to end you probably would also have won ?
Martingale is great for averaging positions instead of going in just 1. For eg if the sl for the trade is 1000$ then we can layer the orders and keep doubling it to near the SL level. sum of those should not exceed 1000$ when hitting SL. We can scale the sl from 1-2% as sometimes it only take every few orders and go straight back up
Doesn't martingale factor in losses in increases? I.E 2nd bet from 1 pound would be £3.01p
So, the smaller your base bet is, the higher chance you'll end up profitable in the long-term, correct? (since you have more chances to turn around the losing streak without it impacting your main account as quickly)
For example:
$55 Bankroll
$0.00001132 per bet
In your example, the number of consecutive losing bets you can make without losing all your money is still only
floor( log_2 ( 55 / 0.00001132) ) - 1 = 21.
Good luck trying to make that work for you.
@@JivanPal but who ll accept such small bet amount
I have a strategy involving 1,3,7 progression and when you lose third wait until your color hits, so if you bet on red wait for red and stsrt over at 1. I got good results after 20 000 spins, house edge reduced to 1% and majority of time I was in profit but eventually lost it. Hovewer I think it could work on blackjack for profit sinxe house edge is smaller. If someone is able to simulate at least 10k hands with this strategy please do it and tell me the results.
Is martingale strategy full safe if you have enough money for 40 rounds? ( I start with 0.02$ so it aint much and it is slow proces), In 1 hour i earn like 10-15$. Pls answer if you know,ty.
In the UK there are 5 Major Racecourses: Cheltenham , Doncaster etc. Statistics confirm, for the past 170 years at least one favourite has won in the 5 racecourses (fact). So what you do is bet on the first favourite if you lose double up on the next favourite .If you did that you would have won every Saturday for the past 170 years. The problem with the roulette system is that if you play for 2 or 3 hour it's possible to lose 7 times straight wiping out all your money and with a casino max bet limit you will never get it back. But with my Racecourse system you will always win, since statistics prove it.
But the odds given on favourites are not high enough for martingale to work. You would need 1/1 odds minimum for it to work, not the usual 6/7 - 5/7 ish type odds (or even worse depending on horse) that you get by the bookies. You could adjust by the odds so eg. X 2.3 the original bet rater than X 2 to make up for non 1/1 odds. However this will increase the bet a lot faster.
Ok so once you win at a particular value, do you go back down or stay at that number?
Go back down
You leave the casino.
What about if you use this on FOBT’s? Like by the 5th time surely they will give you at least a pound back?
Dylan Peel not true man the computer in the FOBT knows about this.
This system has already been disproven by math professors. You're inevitably stuck with an AVERAGE OF ZERO. Plus every casino has a maximum bet size, which you will run into very quickly with an exponential slope, even if you had infinite money.
You can gain alot if you made the wrong bid or lose soo much if you were right the first time, not a guaranteed strategy. Although, I use a strategy similar to martingale, but not during my first bid...after my closed positions, I double my investment and make another bid based on a trusty trend.
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
What are you talking about? Having 2 accs where 1 bets on black and the other red? Youre literally at the same place where you started no matter how many times you play. Youre joking right?
very good explaination
Hi I like this theory....
Excellent on martingale. By adding a Stop Loss you hit it right. I use it on the dice table and many times works well. But you always know the Martingale can wipe you out too. The key is the stop Loss strategy.
Too bad that it still does not win in the long run.
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.
I can recommend that martingale for example put the money all the time which colour win because sometimes 9 times same colour can hit and if u change the colour and keep whenever it wins you ll see that I reduce the risk and makes money
Hi, can you explain it a bit further :)
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 would say your investing strategy is more like counting cards in black jack as you are incrementally increasing your bet within limits based on the odds improving when more low cards have been played. As you pointed out the reason casino's have table limits is you could just keep doubling until you eventually won. Problem is your potential loss is inccreasing exponentially while your return is linear. If that makes sense. The last problem is during this you have a huge stock market crash which is like the casino burning down along with your money. ;0]
i have used this system and eventually if you gamble long enough you will one day run into the streak that is against you and wipe ur BR out. and to bet thousands to win back your original unit is not logical. I rather bet progressively when you are winning instead of losing.
If it works once, don't ever do it again. You're just asking for more trouble.
Once won can start since fresh
How about using in a system without leverage and such? Binary options platforms? It just seems it is not as straightforward with how much one wins back as in a regular system, it's only percentages so the formula of the Martingale would have to be scaled accordingly. The still have indicators though, so the chance should be better than 50% Not sure about maximum bet caps.
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.
Thats the best idea....withdraw your profits daily!!!
i found it: "You can't lose trading commodities"
Thanks for explaining it so simply.
Lo otro seria estar en el lado correcto del mercado en cada tendencia y solo hacer los martinggale cuando hace pulback a la ema a likidar y cerrar SL hay seria donde usarlos
I find it works better if you bet on the third that was hit longest ago
I lost 20 blackjack hands in a row twice. I had another 14 consecutive losses in a row. How much do I have to bet after losing 20 in a row?
I think this can work well on Cent Accounts
A better new system is
1 1
2 2
3 4
6 8
12 16
24 vs 32
48 64
96 128
192 256
384 512
768 1024
both systems are better in certain bankroll systems (assuming 1 to be minimum bettable amount)
6 -> new
7-11 -> old
12-14 -> new
15-23 ->old
24-30
31-47
basically the new system is used when it gives more chances with same bankroll
and old one is used when both give equal number of chances, for e.g. a total bankroll = 20. because both are equally risky, but old system provides a profit instead of break even at end. (you save some money when you bust your bankroll in new system, which is pointless once you have lost 90-95% of your capital)
With gaming I’m playing with simply doubling the Martingale bets, so 1,1,2,2,4,4,8,8, etc.
Here I’m only at 8 where with true Martingale I’d be at 64!
But how to benefit with that .. u will be in lozz
But u have two win twice that too consecutively
But for that u have to win consecutively 2 ?times
Sure, but by doubling it requires only one win to return to breakeven+1, whereas by using a more benign progression it requires multiple wins. No matter what staking system you use, the overall net expectancy is always the same. Expectancy math doesn't lie.
Richy Rich is that way profitable for you, share your experience with us!
If three friends were playing baccarat at the same table using the Martingale Method, if we were willing to share our profits and losses, have we got a better chance than one guy betting alone?
No. Let's say player hits 10 times.
Friend 1 playing player +10
Friend 2 playing dealer -512
Friend 3 playing draw (double up every 9 due to odds) -12
Group total - 514
thanks for this video
martingale strategy blowing your capital
Entonces si usara esta estrategia basandonos en un precio promedio o ema en un par digamos dolar-euro q se extiende en el historico no mas de 1.4 y minimo 0.9 incluso 0.8 se podria decir si manejo el apalancamiento correcto y el margen entre operacion promediar el mejor precio en un reverse, mnnn hay q hacer test
You can win if you start off with .01 lot and you have about a 10K account......could work in a ranging market.
Yeah. The chances seem to be equal to the top cap 1 in 10,485.00
I totally disagree. I've been making money for years with this system in sports gambling. I'd never do it w/ blackjack
Sam Khalil it's almost impossible to lose money on that.
I made a bot that does this .. I'm a millionaire now
my friend recommended this strategy why you should do and I learned why should I not do///
This actually works because you're using odds in your favor but you cannot do it indefinitely because then odds are not in your favor, if you do it until you win a couple of bucks odds are in your favor because in a 50-50% scenario its very hard for chips to fall in the same place 10-15 times, if you want to make a living with this it means odds of it falling 10-20 times in the same color or whatever will be much higher and eventually you will lose everything.
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
I'm also trying to find a system that works using the martagale system do you mind explaining yours to me thanks
@@tonycosta3336 if you start with your strategy
I didnt know people call this a martingale system. However, I do think its different for trading. I use an averaging down strategy in accordance to my account size, however, my buys are not random and I can read the chart, so i wouldnt call this a martingale strategy because banks use this system. Its building a position with a profit price target in mind, not roulette. I win over 95% of the time in small caps.
I use this strategy on basketball sports betting
My question:
If i use this strategy should i be a millionaire?
Because i will in the end?
Eveyone explains the Martindale as related to stocks wrong. Jesse Livermore explains it simply. Scale up as ur stock rises. Basic risk management.
Better. It just needs financial Displine
patrick kikulwe you need more than financial discipline. You also need to be LUCKY!
Mate, if you outline a 10 pip range (with horizontal lines) and use pending stops, above and below the range, martingale works. Only stupid traders will ''hope' for the market to move in their favor after they have doubled. Locking it in a range ensures that in no time you get a breakout that gets you into positive, combine this with the risk cap you spoke about and youre good to go.
That's totally solid -- if the breakout is valid. A trading plan on breakouts needs to have robust defenses for accepting and dealing with multiple failed breakouts, b/c that's what happens w the majority of new highs or new lows that try to breakout. They just push the boundaries of the overall range up and down a bit.
I've traded breakouts from ranges of 2 pips (overnight markets) to 120 pips. All of them will mislead you sooner or later. :)
Instead of a flat 10-pip range, you might consider an ATR-based range for your chosen timeframe(s). e.g. using a 2xATR on M15, your range for breakout might be around 20 pips. 10 pips can still be found, but is sometimes harder to spot; 10 pips is easily spotted on M5 though. As a counterexample, I can find some 4-5 pip ranges on M15 that featured nice breakouts with 20-30 pip ABCD moves (good RRR of 4+:1 even if your SL is equal to the original pre-breakout range).
Good trades to you!
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
But sir when we invest 100 and if I win we get 175 to 200 and if loss 100 complete
Martingale strategy can work exceptionally well in macro uptrends, especially if you position trade weekly/monthly charts. Market structure is very important to note when using this strategy. If you keep buying to average down in a macro downtrend then you are asking for trouble.
I this this last week in georgia but because of 3,000 maximum bet on colors , i was fucked and i didnt risk it anymore
When at the casino you are against the dealer. When in the markets you are against the Hedgefunds. You need to make sure you know who you are up against. In casino, martingale can work but within a betting spread, structure and luck/timing. I say this because I have lost 7 hands in a row before. In the market, I have kept doubling up, until they rug pulled and it hit my stop loss. Therefore you need to be very careful. Stocks are better since you can hold in the long run and not sell for a loss and average down significantly. Games such as baccarat is good because you can just hit it and leave quick.
My question how many time could you get dealt a bad hand
When useing the Martingale stratergy in trading forex....
Do not use it trade after trade in the same direction.
Use the Martingale stratergy/concept with your own trading strategy.
Martingale stratergy is to recover your losses with a single trade plus 1.
Good luck to everyone out there.q
Its good stratergy but u need a good bank roll
hi thanks
Go for same colour which is draw...
I understand why, when you do the math, the Martingale system is not viable over time. Nothing you can do will make the game favor the player. BUT...I've been messing around on online play-for-fun American roulette trying the Martingale. Sat there for an hour doing it at $5 increments, ended up $1000 in the black. Screwing around with $20's, then moving to $100's once I had a few thousand cushion, and I'm up about $5000. Both with $1000 table limit and a $1000 player bank. If you do the big-brain math stuff it obviously is not a winning strategy, but actually doing it makes it APPEAR to work. I know intellectually it's not a winning strategy, but I think I'm gonna try it at the tables with $5 chips and a couple hundred and see how far I get; walking away if I make $50. Just to see for myself. EDIT: Is it possible it's ALWAYS working for me in these online play-for-fun tables because they're rigged to let you win so you'll pony up on moving to the real cash sites? Get your ass excited with fakes winnings to trick you into emptying your bank account? That just occurred to me and would explain a few things.
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!!!!!!
What pays 2 to 1 odds ??
The three lines that are 2to1 is better to bet on using this if you bet one you win three if you lose bet 2 and you win 6 so the more you bet and lose you win more say is you bet $100 you win $300 after you win start back at $1 2 4 8 16 32 that way your winning are always a profit . What I do is start at 0.25 and double from that until I win it will take a around 12 hours to win over a grand or two but you have a better change doing that .
Good for DCA
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.
If you can retire at 65 with say 2.5 million US dollars in cash reserve, it makes perfect sense to just go to a casino every evening with 200 dollars, roulette table, double the bet every time until you win, usually it would take between 1 and 5 bets, leave as soon as you win 200, thats about 50k a year for just sitting at a table for less than an hour's time out of your day... just sayin... you do need a few million in reserve before adopting this retirement supplement though...
Betting strategies do not work. In roulette, every spin is an independent event. The ball and the wheel have no memory. Losing streaks can and do occur; if this happens, you suffer catastrophic loss. Odds of winning are never 50/50, as green 0 (and 00 on American wheels) create house edge. Do not use Martingale or any betting strategy with an idea that it is a "guaranteed win." No such thing exists in the casino.
Gregg 3 Gs A coin flip is independent aswell yet the chance to get the same side over and over gets smaller everytime
False. If you have enough to cover your losses and patience you will eventually hit your bet and recover your losses.
@@Dennis-wq2yd The chance for any particular flip is 50%. The chance for a collection of flips to be the same is smaller the more flips there are, but if you already got heads 5 times in a row, your next flip is stil 50/50. The coin has no memory of the prior flips. The chance that that just happened to you was low, but now that it happened already its 100% because it happened. Next flip is 50%. Always.
@@tgblanke it will never work in the long run because of table limit.
I say put 5 on 20 specific numbers. If you hit, walk away. Sounds better to me.
What if we trade martingale in direction of the trend!?