The Martingale strategy is a well-known betting system that has been around ever since the 18th century, believe it or not. Most people believe that it was first used and created by a casino owner, John Martindale himself. Although he did not use this system when playing, he would encourage other players and visitors of his casino to use this tactic and this approach. What does it exactly mean and what are its perks? Keep on reading and find out!
5 Things You Need To Know About the Martingale Betting System
1. So, how does the Martingale system work?
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This is a simple and straightforward way of betting that is not too hard to memorize, and it is very simple to use. There is not a lot of math involved, you follow your guts, and mostly use logic! The main point is for you to play games that have a 50/50 win to loss outcome. For most people, Roulette is the best go-to game in this case. By following the Martingale theory, you’d need to double the next bet after a previous loss. When you win, all you have to do is invest smaller amounts.
An example:
If you start with $10 and you lose those 10$, your next bet would have to be $20.
If you lose that as well, you should bet $40 and so on. However, once you strike a win, go back to $10 again.
With this approach, you will always come out as a winner. That is if you can play for long enough.
2. What are the advantages and disadvantages of the Martingale system?
Every strategy has its pros and cons. This one is super easy to understand, and it is not complicated nor as hard as blackjack (for instance) where you have to learn how to count cards.
The advantages in this case are:
- You can enjoy any game that has a 50% win ration
- You can win a lot of money
- You will have fun when playing
- Roulette is the shortest game that you can play, yet win loads of money
Some of the disadvantages are:
- There are no perfect conditions
- You will have to have a major bankroll in order to profit
- You have to be patient to strike a win
PS: Although the system is so simple and easy to use in theory, some casinos might not allow you to play for as long as you’d want by implementing this strategy. In fact, some casinos have the so-called wager limit which cuts off and prevents the use of the Martingale strategy, which makes it harder for you to win some serious money.
3. Is using this strategy allowed, or legal?
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Have no worries since it is legal. No one can write you a fine for using this system. However, make sure that you do your research beforehand in regards to any actual or online casinos. See what their policy on the Martingale strategy is.
Aside from roulette, you could also try a game of Craps. Simply bet to either pass line or don’t pass. Some people also love to play Baccarat since it has a low house edge. However and in this case, you might lose a bit more money since it is a fast-paced game.
When playing Roulette, most experts recommend that you have the right approach to profit. For most of them, this means that you should bet on even-money outside bets. In Roulette, you can bet on numbers from 1-36, or on two colors: black & red. You can go with your favorite color or with your lucky number. It doesn’t really matter how you plan on choosing your preferred go-to.
4. What are the different kinds of Martingale system?
Mini Martingale system
This approach minimizes double-down bets. By doing so, it helps you avoid any major losses. Once played the right way (and calmly) the profits will remain smaller as well. However, it can be a practical way (and a successful way) to win in the long-run.
Reverse Martingale system
You’d have to double down after striking a win. However, know when to stop. Sometimes, and especially once you are on a strike, it is hard to stop and convince yourself that you had enough.
Grand Martingale
This is like the same normal system, but with an additional bet after a loss. However and in this case, you’d have to be hopeful and optimistic, as well as prepared for long gameplay + you’d have to have a huge bankroll.
5. Can you win?
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Last, but not least, how effective is it? You don’t want to waste loads of your time nor money on a strategy that doesn’t work, right? Well, as long as you approach it the right way and you know when to start, and when to stop, you will make a profit. With some trials and errors, you will easily get the hang of this system, and you should give it a go.
If you wish to have some online fun and also try out this strategy for the first time ever, visit https://www.playamo.com. They have loads of different casino games that you can play and enjoy on your own or with your friends! On their site, there are slots, blackjack, roulette games (which are perfect for testing out this strategy), as well as a live casino and some Bitcoin games! You can also enjoy loads of different promotions, bonuses, as well as tournaments, perfect for beginners and professional players!
Ready to try out your luck?
Are you ready to give the Martingale system a go? It may be a bit unusual for you to play some games at first by applying it, but you will get the hang of it quickly. If you are out of luck and you need a strategy that is easy to follow, this is the perfect one for you! Simply choose games that have a 50/50 win ratio, and you’ll have fun while making a profit!
