One of the oldest betting systems, the Martingale strategy dates from 18th-century France and is quite famous with roulette players. The idea is very simple yet has its dangers. You double your bet after every loss, and when you win, you will recover all losses made before that win and will make a profit equal to the size of the initial stake.<\/p>\n\n\n\n
So, how does this Martingale strategy work? It's pretty simple and straightforward. You start with a base bet, and for each loss, you double your wager. So it goes until you finally win, and you then reset to your base bet. Let me give you an example so that it can be very clear. <\/p>\n\n\n\n
After winning on the fifth bet, the player has recovered all previous losses ($150) and gained a profit equal to the original bet ($10).<\/p>\n\n\n\n
Bet Number<\/strong><\/td>| Bet Amount<\/strong><\/td> | Outcome<\/strong><\/td> | Total Loss<\/strong><\/td> | Net Profit\/Loss<\/strong><\/td><\/tr> | 1<\/td> | $10<\/td> | Loss<\/td> | $10<\/td> | -$10<\/td><\/tr> | 2<\/td> | $20<\/td> | Loss<\/td> | $30<\/td> | -$30<\/td><\/tr> | 3<\/td> | $40<\/td> | Loss<\/td> | $70<\/td> | -$70<\/td><\/tr> | 4<\/td> | $80<\/td> | Loss<\/td> | $150<\/td> | -$150<\/td><\/tr> | 5<\/td> | $160<\/td> | Win<\/td> | $150<\/td> | +$10<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n | The system promises small but continuous gains if you can double your next bet each time.<\/p>\n\n\n\n <\/span>How to Use the Martingale Strategy<\/span><\/h2>\n\n\n\nThe Martingale strategy does sound thrilling, but there is a huge gamble involved. The worst that can happen with such a strategy is a long losing streak. Have you ever thought just how fast your losing bets are actually reaching up to one after the other? Let me break this down for you:<\/p>\n\n\n\n
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