Martingale
What is martingale betting?
How is martingale translated from English?
Is it advantageous to bet according to martingale theory?
Martingale is a system of playing in betting, which starts with a small bet, and in case of a loss, the amount doubles.
- Go to a bookmaker and place your bets right now.
Slang martingale stands for one of the oldest game systems. It implies the beginning of the game by a small bet. If the bet wins, then the tester stops the game. But if the bet loses, he doubles the bet. This doubling continues until the winnings that cover lost money are reached. Also, the tester stops playing martingale in the event that it reaches the established maximum bet limit.
For example, a martingale game can consist of 12 steps if the winnings are not reached before:
- 1st step – 1 dollar;
- 2nd step – 2 dollars;
- 3rd step – 4 dollars;
- 4th step – 8 dollars;
In the tenth step, the tester puts already 512 dollars, and on the eleventh 1024 dollars. If the twelfth step is profitable, then the chain ends with a win of $2,048, which will cover the costs incurred.