If someone told you that there was a way to increase your fortune in gambling, and you could win a lot of money, you will likely listen to them. This need to make the most of every play is why gamblers are always looking for effective and proven strategies. The Martingale is one of the many betting systems that players use to better their chances of walking away with a good payout. While this system does not make you fortunate in any way, it ensures that you are ready for a winning streak.
The Martingale System is named after John Martingale, a British casino owner. Although the strategy gets its name from him, it has been around since the 18th century. Martingale, the casino owner, became famous for his recommendation and insistence that patrons use the strategy. According to him, it had been helpful to many big winners.
How to Use the Martingale System
The foundation of this strategy is that you cannot lose all the time. Hence, it works to place you in a better position, so that when you start winning, it will be easier to regain the money you lose. The Martingale System is simple and easy to apply. It does not require extensive knowledge of gambling, or maths, making it ideal for everyone, including beginners.
First, you need to decide what your base bet is. This will be the starting point. With every loss, the system recommends that you double the size of the stake. You will continue to do this until you get a win. After a win, you should reduce the size of the bet.
For instance, if you start with $5, losing in the first play means you will double the bet to $10. If the second play is also a loss, then you double the stake again. In case you get a win at this point, then you will go back to the $5 bet in the next round.
The Martingale System banks on the idea that your fortunes will turn at one point and that this will help you win back some of the money you lost.
Advantages and Disadvantages of the Martingale System
The idea in this strategy is that, at one point, the odds will favour the player. Since the system is best utilized in even-odd games, the concept behind the strategy is somewhat incorrect. Despite the number of times you lose in a game, the odds for the next one is independent of the previous play.
However, the Martingale System has been used for centuries, and this proves that it is effective to a point. If you are looking to employ this strategy, you should go for a casino that has a low minimum deposit, and you can start playing with $5. Your choice in 5 dollar deposit casinos should be influenced by whether it allows you to use it on the games for free before you play for real money. Finding a reliable review is one of the ways to do so. This way, you can gauge whether it works for you or not.
Pros
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Doubling up on your stake allows you the chance to win all your losses. If you are lucky, you will also increase your net winnings.
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The system works great for those betting on a short term. This way, while your wins won’t be massive, neither will your losses.
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It is ideal for beginners who are keen on making money before they are fully acquainted with the games and skills to win in them.
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Experienced players also get to increase their payout.
Cons
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It would be best if you had a huge bankroll to play for long, since the progression on the size of your bet is vastly fast. Players run through their bankroll faster, which means that if you don’t have enough to keep adding, you might not get the chance to recover.
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Some casinos have a cap on the maximum bet on a game. This strategy depends on playing on tables that don’t have a limitation on how much you can put into the game. Unfortunately, casinos, both land-based and online, have caps. This means that if you lose money on an amount that when doubled, goes beyond the cap, you do not get the chance to win back your money through the Martingale System.
Types of the Martingale System
Gamblers who appreciate the concept behind the Martingale System, but are still cautious about using it to play, can use any of the following variations:
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Mini-Martingale
With this strategy, players limit the amount of money they can bet. By defining the highest number you are willing to stake on a round or game, you ensure that you don’t lose too much too fast.
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Anti-Martingale
This is a reverse of the Martingale System. Instead of doubling up after losing, you do it after a win. This variation depends on the idea that sometimes, players go on a winning streak. You will need to define how many times you will pursue more wins. This is crucial since your fortune is bound to fade and continued play means you lose more money with this method.
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Grand-Martingale
This variation requires gamblers to go further with their increase in bet size. In addition to doubling the size of the stake, players using this method add a unit. This means your wins are more significant, but so are the losses.
Conclusion
Betting systems come with perks and disadvantages based on the status of the player. Before putting your money on your favourite roulette game, you need to define what you are playing for, how much you are willing to spend, and how much you are willing to lose. This way, when the wheel spins, you are not lost in the possibility of big wins without the awareness that the opposite is also a possibility.
The Martingale System, like many others of its kind, is a strategy perfected by skill. As such, you should consider playing several times, or extensively on the free game version, or with low stakes. While mastering the game and how the system works does not prevent loses, it equips you with the know-how on the responsible use of the strategy.
