Betting and gambling have always been somewhat controversial, and one of the best betting strategies that has intrigued people immensely is the Martingale strategy. Regardless of whether you are new in the arena of casinos, gambling, and betting, learning this strategy is crucial. It can help you make the most well-informed decisions when you do need to bet in casino games or standard sports betting. So, here we explore everything you need to know about the strategy and master it for different games.
Basics of the Martingale Strategy
Before getting to how to use this strategy in games, it is important to become familiar with the strategy. This includes understanding how the strategy works along with the benefits and risks associated with using it in your game.
What is Martingale Strategy and How Does it Work?
The main psychology of the strategy is that statistically, it is not possible for you to lose every single bet. Accordingly, the strategy involves you betting a minimum amount and doubling up for the next bet as long as you keep losing. When you win, the bet starts again from the minimum amount.
- Martingale Strategy Calculator: For example, if you bet $10 in the first game and won it, then you earn a profit of that amount. The next bet is again $10, but if you lose, then the next bet will be a 2x betting value, i.e. $20. If you lose this bet as well, then the betting amount will increase to 4x bet value of the initial bet you made, i.e. $40. If you win with a bet of $40, then your profit or loss is recorded, and the next game starts where you will again start betting from $10.
So, it is profitable in the long run to keep increasing the value of your bet system, even if you are in minus currently due to consecutive lost bet games. This means that you are bound to lose many of your bets but you should be prepared for those and keep going in anticipation of higher returns through a successful bet win later in the game.
Benefits of the Strategy
There are a few undeniable benefits of this strategy, such as:
- If you win a high-value bet, it can recover all the losses you faced earlier.
- You can keep betting small amounts and accumulate small profits while facing small losses.
- The strategy is very easy to follow.
Disadvantages and Risks Associated with the Strategy
Like all other betting systems that help you with betting and gambling, there are a few risks associated with Martingale as well, such as:
- You need to have a hefty and considerable bankroll before playing since losses are inevitable. If you don’t have sufficient money, then it can be easy to go bankrupt while making further bets.
- It is a strategy that needs you to be mentally resilient, as facing losses one after the other can lead to you making an impulsive decision that can work against you.
- The applicability of the strategy is limited to just a few games
Using the Martingale Strategy for Different Games
While the strategy is limited to only some games, there are still quite a few popular games that you can apply it to. Accordingly, the context of application in each of these games will undoubtedly differ. So, here is how you can use the strategy catered to each game type.
Roulette is probably the most famous game that you can use this betting strategy. It works on even chance bets and gives you 3 primary options that you can bet on:
- Red or Black
- Odd or Even
- High or Low
When you want to apply a Martingale Roulette strategy, simply place your chips on any of the slots mentioned above, with the low slots being 1-18 and the high slots being 19-36. Then, if you end up winning, then start again by betting a single unit. If you love, then double your bet units and keep repeating this doubling pattern until you win. Then start over again from 1 unit and repeat in the same manner.
To earn an even higher Return to Player (RTP) rate with the Martingale strategy, roulette games like French Roulette are even more effective. Accordingly, a single win with a higher betting unit can help you recover the losses of the previous games easily.
Blackjack is another game in which you can use this strategy and earn profits quite easily. This is considering the fact that there is a roughly 50% chance of winning each individual hand and a more than 99% RTP rate in the case of a classic Blackjack game. The method of applying the strategy is the same – bet a single unit and continue doubling the unit till you win, then return to the original betting unit to start the game anew with the low betting value.
Losing in blackjack with regard to applying the strategy involves doubling down and losing as well as splitting the cards and losing both hands. However, do keep in mind that the strategy may not be as effective when it comes to game tactics, like splitting aces and doubling down. Considering that Blackjack is more of a strategy-based game, these tactics can render the luck and statistics-based Martingale strategy slightly ineffective.
Other Casino Games
There are a number of other games that you can apply this strategy to, even low-volatility and high-RTP slot games. However, the strategy is bound to be more successful when applied to table games, such as the most effective Roulette Martingale strategy, Blackjack, and even Baccarat. In the case of Baccarat, the strategy can be effective when going for a player bet.
Using this strategy in sports betting can be risky, especially since it will only be effective in the case of bets that pay out at even money, which are pretty hard to find. The uneven betting vs. winning value in a majority of sports betting games makes it difficult to work based on the neat doubling pattern of the Martingale strategy.
Reverse Martingale, or Anti Martingale strategy, is exactly as the name suggests – it is the opposite of the traditional Martingale strategy. As opposed to when you double bet in the case of losses in the traditional strategy, the reverse strategy requires double betting when you win and go back to the basic betting unit in the case of a loss.
While this may not seem like much of a difference, the biggest distinction lies in the fact that loss in a high-value bet can wipe out any profits you earned previously. This renders you practically incapable of earning a lot in one fell swoop, compelling you to play in shorter bursts so as to minimize any losses.
Things to Keep in Mind When Using the Strategy
The Martingale strategy can be pretty profitable, earning you considerably no-effort wins especially when considering the fact that there are hardly any calculations involved. However, to increase your chances of succeeding, here are a few tips that you need to follow:
The strategy relies heavily on having a hefty bankroll. This can help ensure that even if you face continuous losses, you are not on the verge of bankruptcy from a single game. So, if you do not have sufficient funds to support a row of losses, then it is best to stay away from using it.
Regardless of whether you are playing online or offline, some casino games have predetermined table betting limits. Once the maximum limit is reached, you cannot place any more bets. So, considering the fact that the Martingale strategy involves continuous betting, it is important to be mindful of such table limits. This will help you stay away from being stuck on a loss, rendering you unable to bet anymore and thus, unable to recover those losses.
Mental Preparation and Emotional Control
The strategy relies on getting losing streaks in hopes of gaining a big winning bet. While this is the base of the strategy, getting multiple losses in a row can be harrowing and demotivating. So, you need to keep your emotions in check so you don’t end up chasing losses, which can again result in you losing your money in quick succession. Keep calm and carefully plan out how you would like to play the strategy.
Setting Own Limits
Much like the previous tip, it is easy to get emotionally drained when playing a game using the Martingale strategy. So, to keep yourself from burning out and getting exhausted, set limits for winning and losing bets. Once these limits are reached, take a break from playing anymore. This will not only help you gather your thoughts and help calm your mind but also keep you from getting too greedy and ruining your wins by futilely chasing after losses following a winning bet. Most importantly, try to stick to this limit-based schedule in every game.
The Martingale strategy is a fascinating approach to betting in casino games and comes with its fair share of benefits and risks. So, while it is easy to get lost in earning big wins as you simply double the bet every time, you also need to be vigilant about the associated limitations and keep them from affecting your game while also staying away from getting addicted to playing games with this strategy. So, as long as you are self-aware while using it, responsible use of this strategy can help make casino games all the more thrilling for you.
You should be mindful of the individual policies of the different operators. Some operators have exclusive rules that the Martingale strategy is not acceptable and your account can be closed. Therefore we recommend that before you try to apply any of these strategies you take the responsible step to study acceptable practices.