What is the Martingale System?

The Martingale system is one of the most popular strategies used by roulette players, however it can also be used in sports betting. It is a fairly risky system and does require a reasonably sized bank to get started, however it has the potential to be hugely rewarding for those who successfully deploy it.

Martingale betting

It was extremely popular back in the 18th century, and although a few tweaks have been made over the years, it still remains one of the most popular systems in existence.

The Martingale system involves doubling your stake following a loss. Theoretically, this will enable bettors to recoup any previous outlays. Players continue to double their stake until they strike it lucky. This system heavily relies upon a 50/50 outcome, hence why it is largely used on Red/Black or Odd/Even at the roulette table.

Example:

$10 on Bet 1 at +100 – LOSS

Running total -$10

$20 on Bet 2 at +100 – LOSS

Running total -$20

$40 on Bet 3 at +100 – WIN

Running total +$10

 

Bet number three was a winner and the player has won $40 as well as having their stake returned on this particular wager. They would have lost $30 on the first two wagers, however they have since recouped $40 – this makes an overall profit of +$10.

Is it Safe to Use the Martingale on Sports Betting Sites?

The Martingale betting strategy is perfectly safe to use on Canadian sports betting sites although players must be exceptionally choosey about the markets they use.

For example, 50/50 markets such as Over/Under or Points Spread are ideal for using this system. Players must ensure that there are only two possible outcomes before opting to use this particular strategy.

The odds will also affect the outcome and players must ensure that they are picking markets which will double their money if successful. Failing to adhere to this rule is a risk and there is the potential of a small loss.

Good financial management is required, and players must ensure that they begin with a decent-sized bank as this will help cover any losing streaks.

The Martingale betting system is a potential long-term strategy, and players must ensure that they stick with it and they absolutely must not deviate from the pattern in the event of two or three losses.

It is perfectly safe to use in sports betting although a large amount of discipline and patience is undoubtedly required.

How to Win Money Using the Martingale System?

As we’ve already mentioned, it will take plenty of discipline in order to successfully execute the Martingale System. Sports bettors must ensure they unearth potential markets with a 50/50 chance of landing. The odds must reflect this too. If the prices are evenly split, this is the ideal time to get involved. Some days, it may be impossible to locate appropriate markets, and they must resist the temptation to place a bet for the sake of it.

Players mustn’t become disenfranchised by a losing bet, and they must ensure that they stick to the suggested pattern in order to make a profit.

There is no guaranteed way of winning with the Martingale betting system, although players who do their research and stick rigidly to the strategy are far more likely to be rewarded over time.

It works on a number of different sports although it is advised to be wary of placing bets before team news has been announced as this has the potential to seriously shift the markets.

How to Use Bank Roll Management

Starting with a healthy sized bank is an absolute necessity of the Martingale System and players must ensure that they have the funds available to cover any losing runs.

Players can opt to use any starting amount that they wish, although bigger wagers will result in greater returns.

In the event of five losing wagers (starting at $10) :

players would require $310 ($10 + $20 +$40 +$80 +$160) in order to reach this stage. If you don’t have accessible funds, it is perhaps advised to start with a $2 wager instead.

Bettors must ensure that they don’t spend their bank on other wagers or alternative markets as this may leave them short of money in order to successfully deploy the Martingale system.

Once the first win arrives, players must revert back to their original stake. If you don’t abide by the rules, the system will fail. It can be extremely tempting to increase the stake following a significant win although this isn’t advised unless you have the adequate funds to overcome a losing streak.

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