The Martingale system is one of the most widely used betting strategies for traditional casino table games, as well as for sports betting. Martingale strategy is one that many people have latched on 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 in the online casino world.
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How The Martingale System Works?
This particular betting 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 UK. Although the title of the betting 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 had won huge sums of money at the tables. The Martingale system quickly became the preferred approach for recreational gamblers because it was a simple and seemingly rational casino strategy .
There were no algorithms or equations to remember, all you had to do was remember:
- Double your next bet after a loss.
- Continue doubling your next bet after a loss until you get a win.
- Restart the cycle.
For example, if you placed an initial bet of AUD10 on black on the roulette wheel and the ball landed on a red number, you would then bet AUD20 under the Martingale rules. If you lost that bet again, you would have to bet AUD40 on the next round and so on until you win a round. It is an approach that has proved particularly popular with those fascinated with roulette strategies and blackjack strategies , despite the fact that Martingale was primarily a roulette strategy in its origins.
Pros and cons
However, there are also several pitfalls to watch out for when it comes to strategy, as we'll explain below.
- 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 if you think of playing for a short period of time rather than a long session.
- The Martin Gale strategy can help beginners recover losses quickly while learning to play a new casino game.
- You need a large bankroll to cope with 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 house edge of the casino will completely eat into your bankroll.
- It is possible that the Martingale system is affected by limits on the table in question. If you lose for a long period of time, these limits may prevent you from being able to raise your bet enough to recoup your losses.
Martingale System Alternative
If you are trying new casino table games such as online roulette and online blackjack for the first time, the Martingale system can be a dangerous option for you. Therefore, you could consider the anti-Martingale betting system as an alternative:
- On the next bet you bet half of the previous bet that you lost.
- Double the next bet after every winning bet.
You could try this out on some of the table games on the same site with a 50-50 percent bankroll split. This allows you to see if the anti-Martingale strategy can help you capitalize on good winning streaks better than the regular Martingale strategy.
Legality Martingale Strategy
The Martingale Strategy is completely legal. It's not like counting cards or trying to manipulate a slot machine . Most casinos and sportsbooks aren't even against the strategy. You certainly won't be busted for doubling AUD20 football bets.
However, casino limits often render the strategy worthless after a certain point. As we explained, this strategy only works consistently with a huge bankroll and no betting limits. Big bets on sports providers and casinos with betting limits actually welcome the practice, because once a gambler has lost enough to reach the betting limit, they are happy to take all of their 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 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.
Inverted Martingale System
Instead of doubling after a loss, the Reverse Martingale system asks you to double after a win. This also avoids the big loss and can be successful, but the key is knowing when to stop - any loss means you lose all those profits you built up by doubling down on wins.
Great Martingale System
The twist here is that you apply the same principles of the Martingale strategy, but you add an extra unit of bet after each loss. This means that if you lose four hands in a row, winning the fifth will bring more winnings than the original Martingale betting strategy.
You earn back all 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 under the betting limit while increasing the bets at an even faster rate than the original system.
Frequently Asked Questions
Is it legal to use the Martingale system?
Yes, this is completely legal.
Can I guarantee a win with a Martingale system?
You can never be sure about this in a casino.
Was the Martingale system only invented for roulette?
No, you can use it on all casino games .
Are there also 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.