Welcome to the GamblingGuy Martingale strategy page. We will be taking a comprehensive look at this age-old betting strategy and exactly why it is still being used on today’s markets. The strategy has been used since the 18th century and might be better known to the public as the ‘double or nothing’ betting method. We take a look at how you can use this strategy in your wagers and the key areas to focus on when you do decide to use it. Keep reading to find out all you’ll need to know about the Martingale betting system.
- Theoretical, sure-fire winning strategy
- Applicable to sports betting, trading and casino wagers
- Plenty of punters still use the strategy
- Can cause big losses if not done correctly.
History of the Martingale Strategy
The Martingale strategies are some of the oldest betting strategies on the market and it is no wonder that they have been around for such an extended period of time. The strategy developed in the 1700s within the French gambling community. The basic idea was that if a coin is tossed and the bettor were to make the wrong choice between heads and tails, they would then double their wager on the next play. This would allow the bettor to recover any losses from the previous round and gain the potential winnings as well. While this system may have seemed flawless back then, over time, cracks in the method started to appear and it is the centre of much debate within the online gambling industry.
What Is The Martingale Strategy?
Martingale strategies are a variety of betting strategies within a large variety of wagering markets. The strategy has been found to be quite common within the online stock trading market, sports betting and online casino wagering. As with any other betting strategy, it is simply a rule that players are encouraged to follow in order to maximise their chances of winning. With the Martingale strategy, punters are encouraged to double their wager whenever they have made a losing bet. The logic behind this is that any losses from the previous bet will be covered while simultaneously gaining the winnings of that initial wager. For this method to actually work, you will need a game to wager on that has exactly 50-50 odds and you would need infinite wealth, which no one has. The strategy is one of the more basic betting strategies, but it can be very powerful when used correctly. It will also require a lot of discipline from punters as walking away with your winnings in hand will be crucial to actually making a profit with the Martingale strategies.
Where Can You Use It?
While the Martingale strategies are fairly basic when it comes to how to use them, it is important for readers to know exactly where they are used best. To start off the list of appropriate markets, all customers can use this strategy when placing trades on stock trading platforms. The format is relatively similar across the board but there are some small variations to keep in mind with each online betting service.
When you are making trades using the Martingale strategies, you will have a set wager amount that you use and begin to use the strategy on a range of trading markets. With online sports betting, you will be under a bit more pressure, while trading markets are not exactly 50/50 splits, the odds on offer with sporting markets would have an even bigger split. This is because some teams are simply in better form than others and there is always a clear favourite. Once again, punters will need to place a set wager amount on a sporting fixture and depending on the result, apply the betting strategy from there. The Martingale strategies can pay off with sports betting but it is highly recommended that you research each fixture comprehensively before placing a wager.
Finally, for all customers interested in online or live casinos, this betting strategy is probably the most suitable for the games you will be playing. The odds with each of the games is definitely not 50/50 but the variety of options will allow customers to get as close as possible to this spread. Certain games may have a variety of win conditions and your winning margin may be even larger with the variety of multipliers and offers that go hand-in-hand with online casino games. The most common game to use the Martingale strategy is Roulette.
How Do You Place Martingale Bets?
Placing Martingale bets has never been easier. The online gambling industry has a ton of online service providers and each of them offers an entirely unique service. You may even find that there is a promotion directly aimed at your online gambling needs and this can amplify the winnings you manage to gain by using Martingale strategies.
First of all, you will need to choose a bookmaker before you can lay down some wagers. The best advice to do this would be to read through our bookmaker reviews here at GamblingGuy India. We will cover each of the online service provider’s offer and detail exactly what you can expect to find with each of them. Once you are set with an online operator you will need to also identify what wagering market you are planning to bet on. If you are a cricket fan, you will most likely want to wager on upcoming cricket fixtures. Be sure to check that your bookmaker covers your gaming preferences beforehand.
Customers will then finally be able to lay down some wagers using the strategy. To do this, find a certain fixture, game or stock that you believe is the closest to a 50/50 probability, you will need to do this each time you wager. You will then choose a base unit to bet, this completely depends on how much money you have available to play with. Usually, a factor of 20 is a conservative amount, so if you have ₹500 your base unit will be good enough when it is set at ₹25. You will then wager this base betting unit on the game of your choosing. If you win, you will have made ₹25 and you can either continue to play with the same betting amount or walk away with your winnings. If you lose, the Martingale strategy states that you should double the amount (₹50) and wager on that on the next game. Now, if you manage to win the second wager you will have ₹100 after losing ₹25, which still results in a ₹25 profit. This process is repeated constantly until you have managed to make a profit or you have run out of money.
5 Tips to use Martingale strategies
Using these Martingale strategies may seem easy enough, but the betting method can result in some serious losses if customers don’t manage to stop at the right time or hit a serious run of bad luck. Our team of experts here at GamblingGuy have put together five tips for all readers to use in order to ensure that you don’t become another statistic of large online gambling losses.
Know your games market
The first tip would be to know your games market. This is easier said than done as there are so many options available nowadays that knowing each and every market is just about impossible. Fortunately, GamblingGuy has gone through all of the trouble so you don’t have to. You will find guides to just about every sports, casino game and online game out there. Be sure to do your research before you commit yourself to a market and always keep informed with the latest news and strategies surrounding that specific market. For instance, the favourite game to be played with Martingale strategies is Roulette and getting to know both the game and strategy should give you a headstart when it comes to playing casino games online.
Keep a cool head
This tip can apply to any situation you might find yourself in when it comes to online gambling. It is very easy to get a bit frustrated when hitting a slump in your online betting and this might lead to making some bad decisions. When you use Martingale strategies, you will need to be disciplined and calm. If you manage to lose 5 bets in a row with our base bet of ₹25. All of a sudden, your next wager is ₹400 and you have already lost ₹375. The next wager may win all of it back but setting a limit to your losses is crucial.
Be on the lookout for promotions
Promotions are usually on offer from the majority of bookmakers on the market. It has become an industry standard and they are becoming ever more generous as the competition gets tighter and tighter. Finding a good promotion can be the difference between good and incredible winnings as you will have extra funds to play with.
Read some reviews
Finding promotions and service standards is fairly easy, all you will need to do is browse through our operator and bonus reviews right here at GamblingGuy India. Our team of experts evaluate each service according to our standardised review system and this allows us to accurately compare their offers. The bonus reviews will also provide you with all the details surrounding each offer.
Don’t forget the terms and conditions
With any online service or promotion, there are definitely going to be a few terms and conditions that will apply. Be sure to read through these within our reviews and on the operator’s site to be certain that there is nothing you have missed which may make the service or promotion unavailable to you.
Opening an account to use the strategy
Opening an account with a new operator is always a scary experience. Knowing whether you are choosing the right operator and whether the promotion is any good takes some time. Our reviews aim to give you all this information in a way that is easy to understand and compare with other operators. When it comes to opening an account, you will need to have all your details ready and your preferred payment method. Once you have put in all your details and made the necessary deposit, it is time to put your newfound knowledge to the test and begin wagering on your favourite gaming market.
What other betting/casino guides & strategies are available?
Here at GamblingGuy, we have a team of experts scouring the internet to put together the most informative and comprehensive guides for betting strategies used within the online gambling industry. You will be able to find thorough walkthroughs of each of these strategies and detailed methods to use each of them. We have a detailed in-play betting strategy section that covers just about every sport available on the market and if you are more of a traditional sports fan, we also cover standard betting strategies for each sport as well. Our team has also put together guides like this one surrounding more niche betting methods like Arbitrage betting strategy. If you are on the lookout for a new strategy to up your game, be sure to check out our other guides.
This brings us to the end of this strategy page. By now you should have a solid understanding on how to use the betting strategy and within which markets it is applicable. The strategy has stood the test of time and it is still being used quite frequently on the betting market today. Be sure to keep the considerations of where you can use the strategy in mind when you are signing up with a new operator as some betting markets are just more suitable for it than others. The most ideal game to use the strategy on, would be the black and red call of roulette, this is likely to be the closest to a 50/50 game available online.
Knowing how to place your wagers using the strategy is the second crucial aspect of this guide. You will have to be disciplined when it comes to laying down a bet and setting yourself limits will help to avoid any dramatic losses. Finally, keep our five betting tips in mind when you are making use of the strategy, this will help you to maximise your chances of winning and potentially win a bit more when you make use of a promotion that is available. The strategy can be very powerful when used with the correct methods and discipline, so be sure to come back to this page if you would like to refresh on all the details surrounding the Martingale strategy.
Martingale Strategy FAQ
❓ Where can I use the Martingale strategy?
Using any betting strategy is risky when you don’t have the correct understanding of how to best use it. Our strategy guides here at GamblingGuy India take an in-depth look into the Martingale strategy and give you all the tools you will need to make the most of it. Be sure to read our Martingale article to find all the information you will need.
💸 How can I use the Martingale betting system?
Knowing how to use a betting system is the first step to wagering intelligently. With the variety of betting systems and techniques that are currently used within the online gambling scene, it is easy to get flooded with too much information. Read through our strategy guides to narrow down the details you are looking for as our experts offer their advice.
🃏 With what games can I use Martingale strategies?
Once you are familiar with the Martingale strategy, you will most likely be itching to find some games to test the betting method on. Our bookmaker reviews here at GamblingGuy India take a comprehensive look at each online operator and the service they provide. Within the reviews, you will find all the specifics surrounding the games portfolio.
🎁 Are there welcome offers to use with Martingale strategy?
Any betting strategy will be best used alongside a fantastic welcome offer or promotion. This will allow new customers to potentially win more with their betting strategy of choice. Our operator reviews at GamblingGuy India will take an extensive look at the available promotions on the market and you can make use our bonus comparison to see just who has the best offer out there.
🎰 Can I use Martingale strategies at online casinos?
For fans of the online casino industry, you will most likely be wondering if the Martingale strategy applies to online casino games. Our betting strategy guide covers all these factors in detail and you will find only the most important of information surrounding this strategy right here at GamblingGuy India. Be sure to read over our betting strategy guide page for all the information you will need.