Martingale Betting System-All There is To Know

The Martingale Betting System is one of the many strategies used in the world of online casino games. These games bring with them many wonderful chances that player in the USA can win real money. As a result, players are always trying to figure ways that they can beat the games and walk away with the real money prizes. That is where the Martingale System comes into play. And as Casino Hype, we will be more than willing to walk through this system. What the Martingale System is and how you can use it to win real money. We will also look at the advantages and disadvantages of the system. Not forgetting, the major question, does this system actually work?

History of the Martingale Betting System

1. 

This system is one of the oldest betting techniques in the world. History dates it back to the origin of casino games. It seems as though people have always looked for ways that they can win real money.

John Martindale was the who is believed to have created the system. The “d” in the system was however substituted for “g”. The exact reason for this is not known.  

When he created this system, he was so convinced that the casino house edge was the one that was standing in way of gamblers winning real money. As a result, he created a system that could the gamblers combat the house edge and win as they do. John Martindale encouraged gamblers to double up in order for them to prosper from losses at the casino.

After a few hundred years from the creation of the system, Charles Wells, used it. He was very succesfull when he played Roulette using this particular betting method.

By using this system, Wells managed to make a world breaking record win of 1,000,000 francs after an initial bet of 4,000 francs. His win was so great, it served as the inspiration for a casino song, “The man who broke Monte Carlo”.

What is the Martingale Betting System?

Basically, the Martingale System requires a player to double up after each loss that they face when they play. This will then make it extremely easy to calculate progressions. However, when a player wins, they will not increase the bet, they must place a base stake bet instead.

Principle Aims of the Betting System

The most interesting part of the Martingale System is that players have to place their hopes in a win happening since they haven’t won in a while. This meaning that this system is based on one of the most popular gambling fallacies.

Therefore, because of this reason that the system needs you double up your stakes when you lose. Meaning that by doubling your bet each time you lose, you can easily cover your losses.

It is because of the fact that this system chases losses that this system is placed under the negative progressive betting systems.

Games that you can use the Martingale System on

When the Martingale System is mentioned, most gamblers both in America and abroad will tell you that it can be used on roulette. This all thanks to the win by Charles Wells. However, roulette is not the only game that players can use this system on. Players can use this betting system on any game that allows them to place base bets. Hence, players can also use the system on a game like blackjack, baccarat and even craps.

How to use the System

One of the reasons why the system has passed the test of time is because it is very easy to use. Therefore, if you have never used the Martingale System, have no fear as we are more than willing to help you. There are 2 rules that you need to know and afterward, you will be good to go.

Rule 1- Double Up Every Time You Loose

The first rule of the Martingale System is to double up time after each loss. Meaning that if you placed a bet of $5 and you lost, your next bet will be $10. After placing this bet and you lose, your next bet will $20 and so on.

Rule 2- Stick to the Base stake When you Win

The 2nd rule of the Martingale is most probably the hardest to follow. That is players need to stick to the base stake when they win. Base stake meaning that the lowest bet that you take in the game. This means that if the lowest bet in the game is $5 and you win, your next bet will be $5. Players need to place the base stake for every win that they make.

Can this system change the odds?

Despite the fact that players think each time they use this or any system, they will win. This is not the case. What a betting system simply does is give you a way to bet systematically. Meaning that this will not in any way increase your winning odds.

The Martingale is no exception for this as well. It is just a way players can use to bet systematically and track their losses. But will not in any case increase or decrease your winning odds.

Should you use the Martingale Betting System?

As we said above, the system can not change the odds for you. Therefore, players are advised not to take it as a money-making making scheme. However to use it when they play in general. Furthermore, players need to also note that the system does not always guarantee you a win when you use. Just like any other human-made system has its flaws. That is why below we look at the advantages and the disadvances of using the system.

Advantages

1. One of the best parts of the system is that it is easy to use. Players can easily learn how to use the system. This is as it comes with two rules that we have mentioned above.
2. The system can be said by some tobelexible. This is as players can set their base stake as high or as low as they wish. All that they need to is make sure that they stick to the base stake as they play.
3. Another reason why one would opt to use the system is that it allows a player to generate some profit. However, if a player is looking for lar, then they should not use this system.
4. Although at face value this system may seem to be boring, the application process can be very interesting.

Disadvantages

1. This system does not do anything to the house. Therefore if the game that you are using it on has a house edge of 5%iill remain at that percentage.
2. The system requires players to place bets as they lose. Therefore for some, it may seem unreliable as they will be chasing their losses.
3. To actually pull off using the Martingale system a player will need a very large bankroll, as they will be doubling up on their loses. This for some players may seem a bit too much.
4. As we all know that the system needs ou to double up after every loss, players can reach the table time. This is the amount of money that one is bale bet at the table. This is true for both online casino and land-based casinos.
5. For those who are not a risk taker, then this system is not for them .this is as the system requires one to take a lot of risk without the guarantee that they will win.
6. Another major disadvantage of the Martingale system is that there is no set time when one should walk away. Therefore this system needs as the player to know their time and bankroll for them to walk away.

Martingale System Betting Variations

With the creation of the Martingale System, came a few more variations. We shall take a brief look at these betting techniques.

Mini Martingale System

All the principles of the mini Martingale system are the same as those of the Martingale system. However, the only difference being that this system tells a player when they need to top. This system prevents the player’s bets from skyrocketing by setting a limit.

Grand Martingale System

The Grand martingale System is also known as the Rothstein System. This system follows much after the original systems. However, it was created to combat one of the main issues that players had with the Martingale system.

Just like the original system, players will be needed to double their bets after every loss that they make. However, the player will in the Grand Martingale System need to add one more unit to the betting amount. And after each win, take it back to the base stake.