Martingale betting is the only guaranteed way to win money from betting. At least that's what the people hocking the system all over youtube (note they only do their demonstrations with play money, not for real!) and web will tell you so they can make money from your losses.
Let's not be unfair though, Martingale is a guaranteed winning formula. But unfortunately only on paper. It simply doesn't work in real life.
There are ways to beat the casinos and bookmakers at their own game, but a betting 'system' like Martingale isn't one of them.
Let's not be unfair though, Martingale is a guaranteed winning formula. But unfortunately only on paper. It simply doesn't work in real life.
There are ways to beat the casinos and bookmakers at their own game, but a betting 'system' like Martingale isn't one of them.
The basics of Martingale, and any of it's variations, is that you place a bet of one unit, let's say £1 per unit for the example.
If your bet wins, you place another bet of one unit, and so on until you lose.
When you lose a bet, you place a bet of two units. If it wins you rest to one unit and repeat the process. If, however, your second bet loses then you double your wager to four units. Win and it's back to one unit, lose and it doubles to eight units.
Your losing betting streak (which will eventually come) will look like; 1, 2, 4, 8, 16, 32, 64, 128, 256, 512, 1024, 2048, 4096.............
Think that losing streak looks unlikely? The record for consecutive roulette spins of the same number in a live casino is 26 blacks in a row. The sequence above is for 13 losses. Remember also that those numbers would be cumulative, meaning a bankroll of £8,191. And what would you win if that thirteenth spin (or even money bet or hand of blackjack etc) came in? You'd have a profit of one unit, or £1 in our example.
The amount of your next bet will always total exactly one unit more than you'd bet in your previous losing sequence.
Are you begining to see why Martingale doesn't work in practice even if it does work on paper?
The main sticking points will be your bank balance (as although a sequence of say 8 losing black jack hands on the bounce is unlikely, it does and will happen), but also the table limits imposed by the casinos or bookmakers themselves.
The maths of martingale works, it's one of the key reasons there are table limits in the first place, it stops the small possibility that a billionaire turns up at the casino and martingales his way (all be it very slowly!) to another billion at the casino's expense.
But even if that maths works, do not get roped into playing Martingale. It's essentially the gamblers fallacy (or Monte Carlo fallacy by another name), independent events have no memory, you may think it's strange that you lose five hands of blackjack on the bounce, but the cards don't care and nor does the random number generator that's producing the results. The chances of winning the next hand are just under 50/50 and they always will be. .
Best to stick to Matched Betting, Advantage Play Betting (APing) and risk free casino bonuses. If you do get tempted into a casino bonus then make sure you're doing the maths on the bonus wagering and the allowable games so you don't get caught out.
If your bet wins, you place another bet of one unit, and so on until you lose.
When you lose a bet, you place a bet of two units. If it wins you rest to one unit and repeat the process. If, however, your second bet loses then you double your wager to four units. Win and it's back to one unit, lose and it doubles to eight units.
Your losing betting streak (which will eventually come) will look like; 1, 2, 4, 8, 16, 32, 64, 128, 256, 512, 1024, 2048, 4096.............
Think that losing streak looks unlikely? The record for consecutive roulette spins of the same number in a live casino is 26 blacks in a row. The sequence above is for 13 losses. Remember also that those numbers would be cumulative, meaning a bankroll of £8,191. And what would you win if that thirteenth spin (or even money bet or hand of blackjack etc) came in? You'd have a profit of one unit, or £1 in our example.
The amount of your next bet will always total exactly one unit more than you'd bet in your previous losing sequence.
Are you begining to see why Martingale doesn't work in practice even if it does work on paper?
The main sticking points will be your bank balance (as although a sequence of say 8 losing black jack hands on the bounce is unlikely, it does and will happen), but also the table limits imposed by the casinos or bookmakers themselves.
The maths of martingale works, it's one of the key reasons there are table limits in the first place, it stops the small possibility that a billionaire turns up at the casino and martingales his way (all be it very slowly!) to another billion at the casino's expense.
But even if that maths works, do not get roped into playing Martingale. It's essentially the gamblers fallacy (or Monte Carlo fallacy by another name), independent events have no memory, you may think it's strange that you lose five hands of blackjack on the bounce, but the cards don't care and nor does the random number generator that's producing the results. The chances of winning the next hand are just under 50/50 and they always will be. .
Best to stick to Matched Betting, Advantage Play Betting (APing) and risk free casino bonuses. If you do get tempted into a casino bonus then make sure you're doing the maths on the bonus wagering and the allowable games so you don't get caught out.
32 Red Casino get you started with a £32 no-deposit sign up offer, and follow it up with an excellent first deposit bonus, and the offers keep coming day after day.
There's a good reason thay 32 Red win a lot of casino industry awards. Whilst you might not have some of the games other casinos do, notably the marvel slots, the secection they do have is extensive and has some crackers. |
BGO are a fairly new comer to the casino market, and have come out all guns blazing on their offers. Massive quantities of free spins and generous deposit matches. You'll have to put up with Vernon Troy, but other than that, it's all good.
|
Intercasino are major players in the independent online casino market (meaning they're not linked to a sports book like Paddy Power or William HIll are).
They know what they're doing, and what the customer wants, which is a lot of bonuses and chances to win, so you get a great experience. |
There are also casinos attached to all the major sports books, all of which will give you generous (and beatable) bonuses to try and convert you from low edge sports betting, to high edge casino games. In the same way as bookmaker sign up bonuses can be beaten, so can the casino.
For a list of extra casinos, check out the bookmakers page, and then when that's exhausted, there's a list of around 50 on The Gambling Times.
For a list of extra casinos, check out the bookmakers page, and then when that's exhausted, there's a list of around 50 on The Gambling Times.