Looking at the above table, you can walk away with a profit, although you’ve won only 3 out of 7 rounds.
Have a look at the following table for a scenario where you have a 50% chance of winning: RoundĮxample of the Classic Martingale Betting Strategy The classic approach applies the principles we’ve discussed previously: double the bet when losing and return to the initial one once you win a round. There are three variations of the Martingale strategy at your disposal, which we’ll run through very quickly in the following sections. However, we should stress: always keep an eye on your budget and, most importantly, know when to stop. Once you get to that point, you should return to your initial bet value and repeat.
Keep following this approach until you recover the money lost, along with a bit of profit. If you bet $10 and lose, bet $20 on the next round. This is the main principle behind the Martingale method.Īll you have to do is double the value of your initial bet. If you constantly face 50-50 odds, you can’t always win, nor can you always lose.