Martingale Psychology

[FreeRoulette]

I find it funny just how greedy I am when it comes to roulette.

Side 1
Place the bet, lose.
Double the bet, lose.
It's going to win, double the bet!

Side 2
Place the bet, win.
Let it ride, win.
Let it ride, sht its not going to win, I can't risk that much money.

Results.
Side 2: I lose $2
Side 1: I lose over $100

See how greedy I am? Side 2 I can't possibly risk it, I might lose $2. Side 1, I'll risk it all to get that $2 back.

[Bigbroben]

Would greedy be like parlaying for too long?

[FreeRoulette]

Would greedy be like parlaying for too long?

Greedy would be not parlaying because you might lose the big bet, when you only actually risked the minimum bet.

[Let Me Win]

That's a good post.

Progression is a double edge sword.

Personally I found the best solution was a mixture of both flat betting and progression.

So something along the lines of a mini martingale 1 2 4 if lose three times in a row reset with 1 2 4

So whilst it's still a martingale it can also be viewed as a flat bet of 7 units.