THE MARTINGALE SYSTEM FOR GAMBLING
That is why we have made the easiest guide on the Martingale system out there. Even though it is easy to read and simple to understand, we promise that you will walk out knowing as much as anyone else about the Martingale strategy, and you will be able to apply it to your favourite game.
If you know a thing or two about the strategy from before, we can recommend the table of contents below, allowing you to jump directly to the information you are looking for. If you don’t know the system, you will be better off reading the entire article.
WHAT THE MARTINGALE SYSTEM IS AND HOW IT WORKS
The Martingale system is known to professional gamblers and investors as one of the most commonly used systems or strategies when there is money to be made. The idea behind it is to gain an advantage where the probability of winning is equal to or higher than the payout suggest.
An example of this is a coin toss where you double your money if you guess the correct outcome. You have a 50% chance of winning and the possibility to double your money.
Now that we know what the aim of the Martingale strategy is, we will move on to what it really is. When playing with this system, you simply double your stake every time you lose and reduce the stake back to your original stake when you win.
To make this as easy to understand as possible, we’ve created a scenario for you in a table. The scenario is that you lose 3 betting rounds in a row, and win the 4th. We start with a ₹100 bet and the payout is 1/1.
As you can see from this table, the player doubles his stake every time he loses. With an even-money bet such as a bet that pays out 1/1 with a win probability of 50%, you will end up securing the winnings for your first bet.
If we made a table with 15 losses and one win in the 16th round, the player would still end up with a ₹100 profit.
This is the exact moment where you think you have found a system that guarantees winnings when playing online casino. Even though the Martingale system comes close to guaranteed winnings, there are several downsides to it, and we will now take a look at them.
WHY MARTINGALE ISN’T FLAWLESS
We’ve just seen an example where the player is guaranteed a win, however, it is similar with the Martingale, as it always is when you believe you have found a way to cheat the online casino. Without saying that the Martingale is bad (because it isn’t), we will now take a closer look at why the system isn’t flawless.
Demands a Big Balance
The first of a few flaws with this system is that it demands a huge balance on your account. When playing online casino games, we’ve all run into losing streaks, and sometimes they can seem impossible to get out of.
Using the example above, the player has lost ₹1,500 before he wins. Adding just two more losses (6 total) to that, the player will have lost ₹6,300.
This makes players with a normal casino balance vulnerable to losing everything within a very short time period. That is because you can’t double your bet if your balance is empty.
If you feel that this strategy may become too expensive for you, we recommend taking a look at the Fibonacci system for gambling which offers a more gentle increase in bet size.
The House Edge
When we introduced the Martingale system, we used a coin-toss as an example. Some of you might have reacted to us not using the even-money bets in roulette as an example of something you have a 50% chance of hitting. That is because the zero or double-zero makes the chances of hitting them less than 50%.
The zero in Roulette is maybe the clearest example in gambling of house edge. On the European table, you have 36 segments from 1-36 equally divided into black and red. Without the zero, the even-money bets would have had a 50% chance of hitting. With the zero, you have a 48.65% chance of hitting.
The house edge applied to roulette is just one example, but this is the reality for all casino games, including Baccarat.
Most online casino games have betting limits. This makes sure players with deep pockets can’t increase their stakes endlessly, and as a result, gain an unfair advantage over the casino. That is why Martingale is considered a good strategy for small and medium-sized betting.
Is it Still Worth Using the Martingale?
Yes, it is worth it playing with the Martingale strategy when gambling. The reason is that it gives you a fair chance of winning in the short run. If you combine the Martingale strategy with the ability to leave a table when you are winning, this strategy is recommended. With the possibility to become expensive quite fast, we only recommend this system to players with a large money balance.
HOW TO USE MARTINGALE
Now that we know what the Martingale system is, how to use it, and what the benefits of it are, it’s time to implement the strategy into your betting. Besides roulette, it is common to use this strategy when playing baccarat. We’re now gonna learn how to use it in both of these games.
The Martingale in Roulette
If you know how to play Roulette, you also know it is beneficial to play with a strategy. The Martingale system is the most common strategy used in Roulette. The reason for that is the many even-money bets in the game. Knowing that they also have the lowest house edge and highest RTP, the Martingale is a logical system to use.
When using the Martingale in roulette, you want to use it on a section of the outside bets, illustrated in the image. The sections you want to use it on are as follows:
- Black or Red
- High or Low
- Even or Odd
Keep in mind that the 0 and 00 don’t count towards any of these bets, making it profitable for you to play games with the Surrender or Roulette en Prison rule, such as French Roulette.
The Martingale In Baccarat
Baccarat is a bit different from roulette in terms of payouts and house edge. To the naked eye, betting on the player’s hand only looks like the best strategy. The reason why is that the payout is 1/1 while the banker bet only pays 1/0.95.
However, when you look at the long term profits, the banker’s hand has a slightly lower house edge (1.06% vs. 1.24%). The reason why is that the player hand is determined first, making it possible for the banker to stop pulling cards when they know they have beaten the player.
This is why you should use the Martingale system on the banker in baccarat. Keep in mind that the house edge on each bet is very similar, making both bets a viable option. The tie has an insane house edge of 14.36%, which disqualify the bet from any solid betting strategy in baccarat.