I tried the Martingale Strategy in my early 20's, thinking I had invented a system that would actually beat the house. I was playing $1 roulette, and had a budget of $100. I did manage to win $400ish, and then I lost 12 times in a row. I busted on the 9th loss, and went back to betting $1 just to see how long it would take to win. I would have needed $4096 to stay in the positive, and I would have won $1 on that last bet.