Martingale doesn't work on anything that has a max bet and a house edge. Ofc that casino always win in the long term thats house edge for you. Casinos would not exist if that was not the case.

Gambling is not a skill game its your luck and house edge. Since house edge on our games is very low, luck is huge factor. But in billions of bets casinos always expect to have profit in relation to their house edge.

You can run simulations of martingale and you will see that even without house edge it will fail at some point.

You can start with very small amount but then you are risking huge amount for just that small starting amount profit. So martingale is rly rly bad strategy in the long run. Unless you have unlimited money and unlimited bet amount it doesn't work. It can work in very short run but its super risky to risk amounts that change exponentially for just your starting amount profit.

Here you can take a look at this pretty nicearticlee on martingale. http://gradientdescending.com/martingale-strategies-dont-work-but-we-knew-that-simulation-analysis-in-r/

You are correct! Stake does have an algorithm in place so they always win in the long term. In fact, all edged gambling games have an algorithm in place, and that algorithm is called the game itself.

You understand that all but a select few of the casino games out there are favored against the player, and that there is a thing called house edge?

Just curious, did anyone ever win Lamborghini from Stake.com??

This campaign is still ongoing today, the new winners will be announced in December 2020. So, there are no winners yet. For more information, please read it on this page. You can also read the rules of the campaign if you are really interested in getting Lambo from stake.com.

I lost 17 times in a row before, feels bad man. And that was on dice.

Right, it is really not something simple because martingale is one of the most known strategies out there in the world but also one of the most unsuccessful ones as well, there has been no person in the world who got rich using it.

Losing 20+ times in a row is quite possible if you roll over 50k times for example, and you may think that you will not gamble that much and you would get super rich before that happens however there are tons of small losses in there as well that makes you reset everything all over again and hit the max, so by that time you are going to end up with maybe double or so of your starting point and you are going to end up with a 20+ loss streak. Plus do not forget you can start off with a loss streak as well, unlikely I know but still technically possible.

lmao, and all that for 2x multiplier?
Meanwhile slots players:


Anyway, Martingale is a bad idea. For dice lovers, better do Reverse Martingale (or Paroli), so you don't get big losses. Big wins maybe, just like slots. Six winning streak will give you 64x multiplier.

House edge is pretty obvious for gamblers, but this case about ten losses streak (same color) and got busted has nothing to do with HE.
He would still get busted even if there was zero HE (let's say bet landed on green not counted/void) because he used Martingale.

If gamblers expect long alternating black/red, Martingale is good; conversely, if they expect long streak black/red, Paroli is better. If they don't want to risk anything, don't play.

Right... house edge was an aside - a secondary point, to note how ignorant gamblers are of the games and RTP.

That's the whole point: rather than tell them a strategy is better because of x or y, you go down a level and bring about the fundamental concept: that there is always a possibility of a loss, and that strategies are algorithms that are still limited to the mechanics of the game.