Martingale is good on paper: one run is profitable, overriding previous failures. But the math can't be fooled
The Martingale strategy in sports betting came from the casino game. On it, you can go for a long time in the black, and then lose the entire bank. In this article, we will analyze what Martingale is and consider strategies for catching up on football, tennis, hockey and basketball.
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What is Martingale
Martingale in sports betting is a strategy according to which, after each loss, the player must increase the amount of the bet so that the first run brings profit, taking into account the previous losses.
Bookmakers call Martingale Dogon.
The Martingale strategy was first used for betting on the roulette game. Roulette consists of 37 fields: 18 red, 18 black and zero. The probability of falling out red and black is 0.4865: 18/37. There is also a Martingale strategy on Forex. The scheme is relevant for traders who are not afraid of a long series of failures.
The game starts with a certain pre-selected amount, bet on red or black. In case of a loss, the bet is doubled until the desired color appears. The first call covers past failures and brings profit equal to the original bet.
Martingale betting strategies
If the odds for each event are 2.00, this is a classic catch-up. In other cases, the strategy is called alternative catch-up.
Bet on "even" on the total of the first quarter of the match. If you fail, bet on “even” in the next quarters and, if necessary, move on to another match.
Even odds are usually 1.90.
Let's imagine that your game bank is 40,000 rubles, and your target profit is 3200 rubles. The rate table can look like this:
When using the Martingale strategy, do not forget about the pitfalls. If the series of failures lasts longer, you will lose all your money. The bookmaker may limit the maximum bet size, so make the first bet for an amount not exceeding 1% of the bank. At a distance, you have high risks of losing the entire bank.
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