What is the Martingale Betting Strategy: Calculation & Simulation
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The Martingale betting strategy or the double-up is well-known in the iGaming space, and it allows people to increase their chances of winning. Like all betting starts, this one has its risks, but fear not because we’ve been using it for many years. In this article, we will show you what to be aware of before using the Martingale betting system, as well as other tips and tricks.
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Martingale System Explained
The Martingale system is a strategy where people double their bet after each loss. Once you predict one bet, you will recover the losses so far and secure a profit. Due to its specifics, a lot of people call this the double bet strategy.
Key Takeaways:
- Studies often show that this maths betting system is used by around 78% of gamblers who do this for a living.
- Even more interesting is that 62% actually increase their overall winnings.
- Although you can apply this betting strategy in various situations, we have found that it works best with even odds.
- There is always risk involved, but doubling your bet when wagering on even odds until you win can grant you up to a 93% success rate in the long run, according to some sources.
- Even though bettors could increase their success rate, this is never guaranteed.
- This betting strategy will work better when used on specific casino game (roulette, craps for instance) and sports betting markets.
- You can use our calculator to check the amount you must wager.
All these findings mean that, when used correctly, this betting strategy can be effective.
Davey Hanson, Player, Reviewer & Writer
The Martingale betting system is one of the many tactics that have proven themselves over time. If you, however, don’t want to double your bets, you can check all betting strategies explained by Silentbet and see what they have to offer.
How Does the Martingale Strategy Work in Betting?
To make use of the Martingale gambling strategy, you first need to have a bankroll. The latter will be different for everyone, but the important thing is to start using a small percentage of it with this system.
After determining the amount you want to wager, you have to start doing it. If you win, you should use the same amount of money. Once you lose, however, you must double that amount and do that with each loss. When you eventually win, go back to your original bet size.
Here is an example of a Martingale strategy chart:
| Odds | Bet Amount | Results | Profit |
| 2.00 | $10 | Win | $10 |
| 2.00 | $10 | Win | $20 |
| 2.00 | $10 | Loss | $10 |
| 2.00 | $20 | Loss | -$10 |
| 2.00 | $40 | Loss | -$50 |
| 2.00 | $80 | Win | $30 |
| 2.00 | $10 | Loss | $20 |
| 2.00 | $20 | Win | $40 |
| 2.00 | $10 | Loss | $30 |
| 2.00 | $20 | Loss | $20 |
| 2.00 | $40 | Loss | -$20 |
| 2.00 | $80 | Loss | -$100 |
| 2.00 | $160 | Loss | -$260 |
| 2.00 | $320 | Win | $60 |
| 2.00 | $10 | Win | $70 |
Example
As mentioned, we have been having been fans of this progression system for years, so here’s an example of our most recent casino experience. We have decided to play craps because it’s one of the best games for this system and had a starting bankroll of around $100. After wagering close to $5 on the pass line for one hour and using this system, we have analyzed that our success rate within this gaming session was over 80%.
Which Games to Use the Martingale Betting System For?
You can use the Martingale algorithm while playing a wide range of games like roulette, blackjack, and overall games with even odds. However, doubling your bet on some titles means achieving better results, so here’s what you need to know.
Davey Hanson, Player, Reviewer & Writer
I have been using the betting system on a wide range of games and products over the years. You are about to see our personal experience because this betting strategy is more successful when used with specific products.
Roulette Martingale
The Martingale system roulette is very popular, and for a good reason – it can increase your overall earnings. Remember when we said that this system works best on even odds? Well, you should definitely take the even-chance bets here.
What this means is you can choose between Odd/Even, Red or Black, or High/Low. Decide which option you want and apply the strategy when you have a bankroll.
Remember that some roulette variations will provide higher RTPs and more options, so choose your casino and games wisely.
Martingale Blackjack
Another Martingale casino system you can apply in an online casino is for blackjack. The tactic you should have here is the same as the one mentioned earlier. Start with your desired bet amount, double it when you lose, and stick with the original amount after winning.
Our tests have shown that the classic blackjack game should give you around a 50% success rate. Nowadays, casinos offer a lot of different blackjack variations, so this percentage may go up, depending on your preferred game.
Craps Martingale
As we mentioned, the Martingale betting system works best for craps out of all casino games. If you like gambling and enjoy this title, you just have to decide if you want to wager the pass line or don’t pass. Once you decide what to use, apply what we have mentioned so far regarding your bankroll and the way you bet.
It’s worth knowing that some of the Craps game versions you will find may have specific rules you must follow. That’s why we recommend reading the title’s rules before playing and using the double-up strategy.
Sports Betting & the Martingale
Besides using it for casino games, you can apply the Martingale betting system for sports betting. You may be able to apply it on a wide range of bets, but ideally, you should look for bets that pay out even funds.
In terms of the sports you can use it for, it will depend on the type of bets and the odds. It also depends on the type of competition you want to wager. Since you will need to place multiple bets for this system to work, you won’t be able to take advantage of it if you only want to punt on the Grand Final of something.
The Only Martingale Calculator You Will Need
Calculated bets:
Total turnover (include 1 bet): 0
Many gamblers underestimate the importance of having a Martingale betting calculator, but we know it saves time. Whether you want to know more about bet sizing, the amounts you can win, or something else, this simulator will help you find many answers.
It took us a lot of time to come up with the Martingale calculator, but we wanted to ensure everything was perfect. Sure, this is one of the betting strategies that’s much easier to grasp, but having the ability to check our potential outcome is a huge plus.
The calculator will allow you to input the odds you are wagering on, as well as the money you’ve lost. Our tester will also let you add the net profit you want to get. Once done, you can reveal the amount you must bet to get the money you’ve lost and win something on top of it.
Pros & Cons of this Math System for Gambling
The Martingale method of gambling looks appealing to a lot of people, but it has its specifics. We have substantial experience using it over the years, so let’s see some of the advantages and disadvantages you must know.
The Positives
- Increased chance of winning: When used correctly, this method can increase your chance of winning. Of course, this will depend on many factors, including whether you play poker, slots, or something else.
- Perfect for high rollers with $200+ bankroll: Generally speaking, the more funds you have, the better for the success of the system. Users with a small bankroll will have difficulties implementing the strategy.
- You don’t really need math skills: Unlike some of the more complex betting strategies, this one does not require you to have math skills.
The Negatives
- ❌ Not suitable for big bet sizes: Unless you have tons of funds to use for your gambling session, you should not use big bets with the Martingale system.
- ❌ Losing streaks are inevitable: The way you use the Martingale is to lose a couple of bets, so you have to be ready for it
- ❌ You can’t apply this method all the time: Some casino games and sports bets are unsuitable for the Martingale system.
The Bottom Line: Should I Use the Martingale System?
Yes, we believe you should use the Martingale system, but only if you understand the risks associated with it. We tried providing all of the information you should know, so it’s up to you to use it. We highly recommend using your Martingale calculator so you can get a good prediction of what will happen once you start playing.
Davey Hanson, Player, Reviewer & Writer
The Martingale betting system is not for everyone, and I am well aware of it. Those willing to take the risk, however, can increase their success rate.
FAQs
What is martingale betting?
Martingale betting is a strategy where gamblers choose an amount to bet with and double it when they lose.
What is the recommended bankroll here?
The higher the bankroll, the better. Our advice is to have at least $200 if you start with $1 bets and $1000 if you prefer wagering $5.
Who should use the Martingale betting system?
Gamblers who want to increase their overall winnings and have a higher bankroll limit should use the Martingale betting system.
How long should you apply this system before you hit a loss limit?
The amount of time you should use this system depends on your bankroll.
How risky is the Martingale method in betting?
The Martingale method in betting is always fairly risky because you “have to” lose a few bets in order for it to work. The risk will depend on what table game you are playing or whether you punt on spots.
Are there any Martingale system success stories from gamblers in real life?
The answer is yes, you can find different success stories from gamblers.
Is the Martingale system profitable?
Yes, it is profitable. In fact, close to 62% of people using it report they have an increase in their overall winnings.
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