The Martingale system is one of the most used gambling strategies for traditional casino table games, as well as for sports betting. Martingale strategy is one that many people have clung to because of its simplicity and the assumption that no one can possibly lose all the time.
But does Martingale system really work or is it just another betting misconception. Read on to learn all about one of the oldest gambling systems from the online casino games world.
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How Does The Martingale System Work?
This particular gambling strategy goes all the way back to the 18th century. The Martingale system is named after a man named John Henry Martindale, who previously owned several gambling establishments in the United Kingdom. Although the title of the gambling strategy is a bit different from his last name, it was inspired by his belief in the system.
He would encourage his players to use it in his casinos, who would believe him when he said that many of his high roller players huge sums of money had been won at the tables. The Martingale system quickly became the preferred approach for recreational gamblers because it was a simple and seemingly rational casino strategy been.
There were no algorithms or equations to memorize, one only had to remember the following:
- Double your next bet after a loss.
- Continue to double your next bet after a loss until you have a win.
- Restart the cycle again.
For example, if you placed an initial bet of $10 on black on the roulette wheel and the ball landed on a red number, you would then bet $20 according to The Martingale rules. If you were to lose that bet again, you would have to bet $40 on the next round and so on until you win a round. It is an approach that has proven particularly popular with those who are fascinated in roulette strategies and in blackCaptain Captain Jacktrategies , despite the fact that Martingale was originally primarily a roulette strategy been.
Advantages And Disadvantages Of Martingale Strategy
However, there are also several pitfalls to watch out for when it comes to Martingale strategy, as we will explain below.
The advantages of The Martingale strategy:
- If you keep doubling your bet after every loss, you are sure to win back the amount you lose – and increase your net profit in the short term.
- Speaking of short-term betting; Martingale works best when you are thinking of playing for a short period of time rather than for a long session.
- The Martingale strategy can help beginners to recover losses quickly while learning to play a new casino game.
The disadvantages of The Martingale betting system:
- You need a large bankroll to accommodate a series of losing bets, as this system depletes your funds faster than most other strategies.
- It is not suitable for long – term players-the longer you play, the more likely it is that the casino's House Edge will eat up your bankroll completely.
- It is possible that The Martingale system is affected by limits on the table in question. If you lose over a long period of time, it may be because of these limits that you will not be able to increase your bet enough to win back your losses.
Martingale System Alternative
When you for the first time New Online Casino table games such as online roulette and online blackjack The Martingale system can be a dangerous option for you. Therefore, as an alternative, you could consider the anti-Martingale betting system:
- On the next bet, you bet half of the previous bet you lost.
- Double the next bet after each winning bet.
You could try this on some of the table games on the same site with a 50-50 percent distribution of the bankroll. This allows you to see if the anti-Martingale strategy can help you bet better on well-winning streaks than the regular Martingale strategy.
Legality Martingale Strategy
The Martingale strategy is completely legal. It's not like counting cards or trying a slot machines manipulate. Most casinos and sportsbooks are not even against the strategy. You will certainly not be caught for doubling $20 football bets.
However, Casino limits often make the strategy worthless after a certain point. As we explained, this strategy only works consistently with a huge bankroll and without betting limits. Large betting on sports providers and casinos with betting limits actually welcome the practice, because as soon as a gambler has lost enough to reach the betting limit, they are happy to take all his money.
Martingale Strategy Variants
Mini Martingale System
The Mini Martingale system is a variation of its namesake that limits the number of double-down bets to avoid the huge losses. It is more difficult to lose your entire bankroll this way and this will spread the process, but the winnings are smaller and the long-term success rate is about the same.
The Reverse Martingale System
Instead of doubling after losing, the reverse Martingale system asks to double after winning. This also prevents the big loss and can be successful, but the key is to know when to stop – any loss means you lose all those profits you've built up by doubling down on profits.
Great Martingale System
The twist here is that you apply the same principles of The Martingale strategy, but that you add an extra betting unit after each loss. This means that if you lose four hands in a row, winning the fifth will bring more profit than the original Martingale betting strategy.
You earn back all the bets you lost and add an extra unit to the winning bet. The problem here is the same as with the standard Martingale strategy – you risk big losses and have to stay below the betting limit while increasing the bets at an even faster rate than the original system.
Martingale Strategy / Frequently Asked Questions
Is it legal to use The Martingale system?
Yes, this is completely legal.
Can I win with a Martingale system?
You can never be sure in a casino.
Was The Martingale system only invented for roulette?
No, you can do it at all casino games use.
Are there variations of The Martingale system?
Yes, we explain some of them on this page.
Are there other strategies for the casino?
Yes, there are Fibonacci, D'alembert and many more.
