The Martingale system which I call “bet double” is the reason I titled my site this way I think this might be the most popular betting system that exists nowadays. People who love to gamble and play casino games will often stumble on it and decide that it is almost unfair and a too easy to win system. It is mostly discussed in relation with European Roulette, but it could work well for Blackjack, Baccarat or even sports betting.
The basics of the martingale strategy
- Find a game that offers nearly 50% chance to win-lose.
- Be mindful of the table limits; try to find a game with higher limits; make sure your betting balance and the table limit can stomach at least 8 bets which increase exponentially
- Place your bet – I recommend start with the lowest chip value
- If your bet wins – place another bet
- If your bet loses – bet double the amount of the bet you lost.
An example
- The game & bets – European Roulette with its Red/Black betting patterns offers just such an opportunity.
- The table limit – you can easily find a game with a max bet amount of 1000 USD/EUR/GBP.
- The starting chip – Start with the lowest chip value of 1 USD/EUR/GBP.
- Bet double repeat pattern
- Firsrt bet is 1, if lost…
- Second bet is 2, if lost…
- Third bet is 4 , if lost…
- Foruth bet is 8, if won you get 16 which makes for a net profit of 1!!!
The probability
Each individual action carries the same probability and is NOT influenced by previous bets. Each time you spin the European roulette wheel the chance of a win/loss is 48.65%.
The likelihood of 4 reds in a row is 48.65% * 48.65% * 48.65% * 48.65% is 5.60%, however please remember you are NOT betting on that outcome. Your bet is on each individual spin which carries a constant, unchanging probability of 48.65%.
The risk
If you get into a “bad session” of consecutive blacks/reds you may bust your bankroll or hit the table limit.
Recommended online games
In descending order from most recommended to least recommended. Remember to chose a table with a high limit.
- Digital European roulette which has a quick spin and betting on black/red
- Digital Baccarat and betting on player/banker
- Blackjack – you need to really understand the rules
Recommended online casino sites
Take a look at the list of recommended online casino sites where you can try the martingale strategy
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