What is the Martingale Betting System?
Punters are always on the lookout to get ahead of the bookmakers, and this tactic is one of the prominent. It is used mainly in casinos but can also be adopted in sports betting. It is one of the most straightforward betting tactics that can be employed by punters, and the results are effective. The tactic is named after John Henry Martingale from the 18th century; the Brit was the owner of several gambling houses across the United Kingdom.
The betting system is perfect for beginners and thrives off the fact that all bets can’t be losing ones. The simplicity of it makes it a favourite for novices, but much like with any betting tactic; practice makes perfect, but soon enough you will be able to maximise winnings by using this tactic.
What is it?
The main aim of the Martingale betting strategy is to increase the stake of each bet every time you lose and to decrease the stake every time you win. The idea of the tactic is that the winning bet eventually makes up for the amount that has been lost; along with taking home a small profit in the process.
It has become especially familiar with evens markets of roulette games. Here punters would either pick red or black or odds/evens. Of course, the amount of the stake is free for the player, but it would be wise that it shouldn’t be overly large- especially when you’re just beginning to use the tactic. The main question that is always posed of any betting strategy is whether it works, and the Martingale method is one of the very few tactics that has proven results by users.
Pros of the Martingale Betting System
• If you keep on doubling your bet each time you lose, you are bound to win back the amount lost as well as improving your net winnings.
• It is an excellent system for short-term betting, especially if you are planning to play only for a few hours and not for more extended periods.
• If you are still learning the ropes of a specific table game or online slot, using the Martingale betting system will help you recover your losses.
• If you are an experienced online casino player, using this strategy progressively increases your bet while recouping your losses and generating profit.
Cons of the Martingale Betting System
• Some online casinos do set a cap on the maximum betting allowed on tables and online slots. If you are on a bad case of losing, you will not be able to increase your bet once you have hit that cap.
• It depletes your bankroll at a faster rate. In fact, we will go as far as to say that the Martingale betting system is best for those casino players who have a rather big bankroll, in case you are on a losing streak and need to boost your bet.
• Your odds are unlikely to improve in the long run. The longer you play, the more you are likely to lose. It is best recommended to play a few hours at a time until you have won enough money and quit playing.
Martingale Betting System on Sport
While most users of this tactic will prefer to deploy it on the casino games, it is also an excellent way to maximise returns on sports bets. However, the initial stage of odds that need to be met is a vital component of this. You shouldn’t be betting on a market that is any higher than 3/1, while the perfect odds are 2/1. The match result or both teams to score market are ideal candidates for bets that can be made to fulfil these criteria.
For instance, a gambler may bet on Manchester United to beat Watford at odds of 2/1 and should that bet be a loser you should bet double the initial stake on another game; such as Chelsea to beat Wolverhampton Wanderers at odds of 2/1. If your betting is winning one on the second attempt, then you should lower the stake back to the initial amount. However, if the second bet is a loser again, then you should double the stake again. Research has found that the tactic is a good option for punters, so in the long-term, you should see profits.
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