Every time a person thinks about gambling for the very first time, he or she normally imagines a perfect winning strategy that can attract Lady Fortune with bags full of gold. People has been always thinking about the universal golden key that may open a door to the world of prosperity and wealth. And there are some strategies that have a long-lasting history and are still widely used by the gamblers around the world.
Martingale must be the oldest system of bet management that was created centuries ago probably at the moment when the first real casinos were opened. But what can attract such a big amount of people to just one “ancient” strategy? The answer is simple – mathematics. This strategy has a pretty balanced and logical mathematical explanation but as we know – math doesn’t work in casinos the way we want it to work. Let’s find out more about the core of Martingale and learn everything about its pros and cons.
The idea
It all started with an idea that one and the same result can’t be repeated endlessly. It’s easy to check using plenty of ways: from usual coin throw and dice roll, to complicated statistics and researches. So that idea has built a basis for the strategy. But what is the core of Martingale strategy? So it basically consists of several steps:
- First you choose the bet amount you start with according to your current bankroll.
- Then, you choose the game you want to participate in and make a first result prediction. If the result is negative, double up your bet until you reach the positive result and as soon as you have reached it – go back to the initial bet.
- Therefore, no matter the losses, at the moment you get your reward, you cover all the negative results consequences and even manage to make some profit.
This strategy may be used in a vast majority of board games. There is only one rule – the result must have sort of 50/50 chance for the strategy to work.
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