The Martingale betting strategy is a well-known system that players use on various casino games and other forms of online betting. The system is most popular among new players as it provides a straightforward, easy, and effective betting interface with even money betting options such as red/black on a Roulette table.
The Martingale system is adjustable to suit any betting values as players can adjust the starting bet value, which changes the overall value of each step of the system. Therefore, the Martingale system remains popular among all player types, including both standard bettors, beginners, and of course high rollers.
Many professional bettors adjust the Martingale system to include higher betting values on certain levels, which increases the profit and the overall value as the bets increase. However, the additional increases make it worth the risk of a higher bet as winnings increase at the same time.
Best Live Casino Sites to Play with Martingale Strategy
The Martingale system requires a table that provides a lower starting bet, and fairly high table limits as a losing streak could quickly increase the total betting value. Therefore, it’s best to work out the system before using it, making sure you’ve got enjoy funds and the tables you choose have high enough limits.
How to Place a Bet According to the Martingale System
To start using the strategy on Roulette, place a bet on any even money option. The value of the bet should be low, or you’ll need a much higher account balance and the table limits need to be higher as well.
The Martingale system simply states that you need to double up on a losing hand until you win, and then return to the starting bet and repeat. Therefore, if your first even money bet losses, you’ll double the value of bet and apply it to the same betting option. If the bet losses again, double the value of the current bet. Repeat the doubling up until you win.
For example, if your first bet is 1 unit, you’ll double up to 2, then 4, then 8, and so on. You’ll need to double up each time you lose consecutively for the system to work. Once a winning hand comes around, you’ll win back all the losing bets you’ve placed and receive a profit that’s equal to the value if your starting bet.
It’s important to keep to the doubling up system and not to decrease the double up at any stage as this would result in a lower profit or a loss for the overall round when a winning hand comes arounds.
Danger of Martingale Strategy
Players should on use the Martingale strategy on even money bets only, as the value of multiple bets provide a much higher betting total and are harder to keep track of. On Roulette, these include Red/Black, Odd/Even, and 1 – 18/19 – 36. These betting options pay 1:1, meaning the value you bet is the amount you’ll receive as a winning, should the bet be successful. The system is applicable to other even money games as well, including Baccarat and Blackjack.
The dangers of Martingale come in when the table limits aren’t higher enough, your account balance is too low, or you as the player change the betting values when the amount get too high. It’s very important to keep to the exact doubling up values as your profits are affected when the value changes. Therefore, table limits, bankroll, and confidence need to allow at least 10 rounds of doubling up.
To work out how much you’ll need, create a table that starts with your starting value and doubles 10 times. At the same time, consider the losses as you’ll only win these back with a successful round. For example, if you stat with 1 unit, and lose 5 rounds (1, 2, 4, 8, 16), your 5th bet would be 16, and your losses would be 15 units, meaning 31 units would be currently in use. If the 5th round wins, you’ll receive 32 units back, giving you a profit of 1 unit, and all your losses.