Martingale-what is Martingale and how to use it in betting?
The Martingale method is one of mathematical methods most controversially used in sports betting and games of chance.
It deals with probabilities, assuming the statistical principle that a result cannot repeat itself forever . If you are losing, you will eventually come back winning.
The Martingale is widely used by players of Kingdom , who continuously bet on the same color or number, until they win.
Does The Martingale technique really work? In what situations is it suitable, and in which can it be dangerous?
Let's explore further!
Casinos to Apply The Martingale method
Martingale is a method that can be applied with relative success in casino games. Especially, as we will see, in Kingdom Online.
The sites below have online casinos with good variety of Kingdom games for you to train The Martingale technique. And all with free versions of the games!
In addition, they are casinos with high registration bonuses for you to bet on!
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
What Is Martingale?
Martingale is also called Hawks method , in honor of its creator. As we said, he points out that no result can repeat itself forever.
The most common way to understand this is to use a coin.
When we throw the object up it has 50% chance of giving Crown and the same percentage of giving heads.
Let's say you chose Corona. You flip the coin, but you face it. Applying the Martingale you will play again and again until you come out Crown.
The method believes that eventually one of the results will stop happening.
Statistically this probability makes sense in the case of currency. And it may even sound interesting if your money is not at stake.
Take the same example above, but now imagine that bet $2 On The Crown . You lose. The next time you bet and flip the coin, you'll Bet Twice as much to try to cover the loss.
See the scheme below:
| ROUND | VALUE WAGERED | RESULT | TOTAL PROFIT |
| 1 | $5 | Lose | -$5 |
| 2 | $10 | Lose | -$15 |
| 3 | $20 | Lose | -$35 |
| 4 | $40 | Win | $5 |
| 5 | $5 | Lose | $0 |
| 6 | $10 | Win | $10 |
| 7 | $5 | Win | $15 |
Only on the 4th attempt did he regain what he lost and profit. At the end of all attempts even had a good gain!
However to follow this method must having a very large bankroll , and some casinos and betting sites you can limit the maximum bet amount in some games!
Martingale in Sports Betting
Martingale may make some sense in the currency situation, but not in sports betting. The odds on bookmakers it's never 50% for every result.
First because, in the 1x2 market, as an example, you have 3 possible outcomes:
- Victory
- Draw
- Victory
In addition, even in markets with only 2 outcomes, we have to rely on the house edge, which makes the odds not 50% – 50%.
The unpredictability of sports betting makes it difficult to Apply The Martingale technique in this aspect of gambling.
In sports such as Football , or even as Formula 1, it only takes one oversight for the favorite to lose his position and the whole game or race changes.
Still, if you want you can try using the method. Just look for an event and market with an odd of 2.00 or very close to it.
Get lost: look for another event with the same odd value and Bet Twice as much as you did the first time.
Martingale in casino games
Some bettors advocate the use of The Martingale method in casino games. Especially in Kingdom, because you have situations where the probability of defeat is equal to that of victory:
- Bet on colors: black or red
- Bet on numbers: even or odd and high or low
Here we have a situation similar to that of currency.
If you bet that a black number will come out and a red one will come out, can apply Martingale and keep doubling the bet until the ball falls into a black hole.
Does it work? It can work, of course, but it takes a lot of discipline and a raised bankroll so you don't break quickly.
If you have a bankroll of $50, start betting $15 and lose outright, on the second try you will have bet more than half of your betting budget!
All right, you might win, get the initial $15 back, and still have a win, though it is a very unstable strategy .
In these situations you should know how to recognize that your luck does not last forever and it may be better to take that profit and fall away while it still exists.
Another way to minimize the risks of Martingale is take that profit of $ 15 and play only with this money, saving your initial money and ensuring that you no longer lose.
Casinos to Apply The Martingale method
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Does Martingale Work?
It can work in games where the odds of winning and losing are equal. As seen above, the Kingdom is the classic example in which Martingale can be applied.
Still, you have to pay attention to the fact that some Kingdom tables have a maximum ceiling on the amount you can bet. So it is good to start betting low values .
Games like Blackjack and Poker , that the skill of the players speaks louder, the method is not advisable.
In slots, in turn, even less. They are different and have different rates of Return.
If you want to take the risk, sports betting can be given The Martingale method, as shown above. However, we do not advise in this case either.
Overall, The Martingale it is a statistically simple method and even honest, which does not require a complex and studied strategy from the bettor.
We believe that the study and the creating good strategies they are factors that differentiate the successful bettor from the bettor with high defeat rates.
Alternatives to Martingale
Martingale is just one of several betting methods out there. One of its weaknesses is that it does not offer good banking management compared to other more proven methods.
Therefore, the ideal is to find an efficient method to manage your betting bankroll well , knowing how much and when to bet.
We recommend 3 scientifically proven methods:
-
Fixed Value
-
Percentage Value
-
Kelly Criterion
To fully understand how all 3 work, read our educational article on Banking Management !
Conclusion
The Martingale technique has been used for decades in sports betting. It is simple to understand and easy to put into practice, without requiring much strategy.
This is its biggest disadvantage, but also its biggest advantage. Since it works with probabilities, it is fallible and it needs to be used with caution .
As we know, success in sports betting in particular is beyond just taking odds into account. It takes critical analysis of games , teams and leagues to get along.
The ideal is to practice, study and find a solid strategy that knows how to respect above all your betting bankroll. Investing more than you can afford to lose without planning is a shot in the foot.
Sites to practice The Martingale method
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Frequently Asked Questions
🤔 How to use Martingale?
The ideal is to use The Martingale technique in online casino, especially in Kingdom games. In sports betting, use Martingale in games where the odds of winning and losing are equal.
How to calculate Martingale?
The technique is based on the assumption that no result can be repeated forever. Therefore, if you are in a situation where you have to choose between two outcomes, you have a 50% chance of one of the two happening. Check out the table with the example explaining the calculation in this article.
☝️ What does Martingale mean?
Martingale is a mathematical method and deals with probability. It is also called the method of Hawks, in honor of its creator.
🎲 How to use Martingale in betting?
Despite the fact that it is not suitable for sports betting, you can still use the method. For this, look for an event and market with an odd of 2.00 or very close to it. It is also advisable to start betting small amounts to avoid large losses.
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