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Martingale Betting System

The Martingale betting system is the base of various forms of gambling.

What is the Martingale betting system?

This is a method to double your bets whenever you lose, until you win again. This is recommened to players that feel, "Winnings can be small, but I want to minimize my losses".

  1. Select a game to play. The game you should choose are games with bets whose probability of winning are half/half, and the payout is one time your bet. For example, betting in red/black in roulette, or banker/player in baccarat.
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  2. First decide on the amount to bet. Here we will use $1 as an example.
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  3. (In roulette) Bet $1 on red or black.
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  4. If you lose, bet $2 on red or black.
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  5. If you lose again, bet $4 on red or black.
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  6. Keep doubling your bet until you win.
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  7. Once you have won, return to betting with $1.
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  8. Now repeat steps 3 to 7.


You can use this for any bets when the probabily of winning each bet is half/half. The pointer is only to increase the bet amount every time you lose. You can bet freely on whichever bet placement. However many times you lose, once you win, your total will become positive.


Number of bets
1
2
3
4
5
6
Bet amount
1
2
4
8
16
32
Win/Lose
Lose
Lose
Lose
Lose
Lose
Win
Your Total
|1
|3
|7
|15
|31
{1


The merits and demerits of this strategy

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