Martingale strategy

Martingale strategy

The Martingale strategy started gained popularity in the 18th century and is a well know strategy in casinos on black and red and can be applied to most bets with only 2 out comes. The idea is to double you bet every time you loose so when you win you receive all you have bet plus your initial profit. This only works when you double your bet enough to get back your loss plus your initial profit.

For example On roulette we place a bet that red will win and stake £1 our profit if it wins is £1 as the odds are 2 (we stake £1 and get £2 back 1 * 2 = 2 ) We loose that bet so we double our stake to £2 (If we win we win we receive £4 but only £1 profit. £4 - £1 first stake - £2 second stake leaves original £1 profit). We loose that bet so we double our stake to £4 (If we win we receive £8 but only £1 profit. £8 - £1 first stake - £2 second stake - £4 third stake leaves original £1 profit). You get the idea!

This may look like a great idea as 'technically' you will eventually get your money back if you keep doubling up. The casinos are very aware of this strategy and there are measurements in place to make sure you cannot use this strategy in ANY online casino. Not only will you receive over 10 losses in a row but whatever you have in your balance can be lost within a very short period if you do not win. It takes only 10 losses from £1, using a Martin Gayle strategy to loose £1,024!!!! And his WILL happen very easily, whether it be casino, sorts or binary loosing 10 times in a row is not only possible it's quite common! Unless you have infinite wealth this strategy will very likely empty your balance in a very short time frame. Our advice - Do not use this strategy at all!!!