Online casino games are chance-based and your winning majorly depends on your luck. However, applying the right strategy that suits your gameplay can enhance your winning odds. There are many betting strategies out there. In this article, we will discuss ins and outs of one of the most popular and commonly used betting strategies i.e. Martingale betting system.
So, let’s dive in.
What is the Martingale Strategy?
Martingale betting strategy is a betting strategy in which a player goes on doubling the size of the bet after each loss so that all losses will be recouped by a single win. The strategy is implemented in some casino game outcomes having two possibilities with almost equal probabilities of occurrence.
You can test Martingale’s strategy in your online casino gaming and check if it works for you or not. If you are from India, you can play oodles of casino games at Bet Barter Casino which has all the qualities to be the best online casino in India for you.
Martingale strategy is a common one in online casino betting, sports betting, and even trading and investing. This is not a new strategy and it has been around for at least 200 years. It is a simple betting strategy and many casino players and sports bettors have probably come up with the basic idea of this strategy on their own at some point.
How the Martingale Betting System Works
According to the Martingale strategy, the bettor starts betting on even-money bets (bets whose payout is 1:1) with a certain initial bet. If there is a loss, the bettor doubles his/her bet size for the next wager. The bet size is doubled after each loss. If the bet wins, then the bet size goes back to the initial bet value and the process is repeated again.
With a single win, all other previous losses will be recouped. Let’s understand the Martingale betting system clearly with an example. Suppose the initial bet is ₹1000.
|Bet #||Bet Size||Outcome||Total Loss/Profit|
The above table shows that how the Martingale strategy works. The bet is won on the sixth time and that winning recoups all five previous losses making a total or net profit of 1,000.
Casino Games Where You can Apply Martingale Betting Strategy
Martingale strategy can be implemented on casino games that feature even-money bets having an almost 50% chance of winning. Let’s check out top casino games where you can apply the Martingale betting system.
Roulette is one of the top casino games where many players apply the Martingale betting system. The game features several even-money bets which are the outside bets including High/Low, Even/Odd, and Red/Black bets. These bets have an almost 50% winning chance and their payout on winning is 1:1.
If you play online roulette, you are likely to know that there are multiple variations of online roulette games. We recommend you to choose French or European Roulette over American Roulette because of lower house edges and apply Martingale strategy in your gameplay.
Another casino game where you can apply Martingale’s strategy is Blackjack. However, it is not easy to apply the strategy in Blackjack like in most casino games.
In online Blackjack games, you sometimes get paid at odds 3 to 2 which is higher than 1 to 1. So, using the Martingale betting system in Blackjack, the chances of making a significant profit rather than just recouping your earlier losses by a single win are higher.
The reason why the strategy becomes complicated with this game is that when you need to double down and split pairs in some cases, you sometimes have to place double your money as a bet after you have already doubled your bet following the principle of the Martingale strategy. So, the requirement of bankroll becomes even higher than using the strategy with other games.
If you have a sufficient bankroll, Blackjack is one of the best casino games to play with the Martingale betting system. Only go for Blackjack betting strategy Martingale if you have a larger bankroll.
Applying Martingale strategy in Baccarat is again not as simple as in Roulette if you choose Banker to bet which is considered to be the best betting option. It’s because the banker bet doesn’t pay at odds 1:1 but instead, it pays at odds 0.95:1.
So, you have to wager slightly more than double your previous bet after each loss in order to recoup losses by a single win. So, this becomes complicated for many casino players. However, you can choose a Player to bet and keep things simple. Also, the Martingale system can’t be used with Tie bet.
We hope that this article helps you to get your head around one of the most popular betting strategies used by casino players. Martingale strategy has its pros and cons. It suits for those having larger bankrolls and it is risky.
Remember that there is no strategy that guarantees your winning. Set a limit on your budget and losses and test Martingale’s strategy in casino games like Roulette, Blackjack, Baccarat, and others. You can check other basic strategies of your favorite casino game too.
If you are a Roulette fan, you can check live dealer roulette strategy and apply it to enhance your winning odds. Check yourself if the strategy works for you or not. Take gambling as a recreational activity and bet smart. To play casino live games online, you can select Bet Barter Casino, one of the best platforms when it comes to live dealer casino games.