1. Martingale Sports Betting Calculator
2. Sports Betting Websites
3. Martingale System Sports Betting
4. Reverse Martingale Sports Betting
5. Martingale Betting Strategy

I’m not usually one to invoke philosophy in a sports betting advice column, but bear with me. I’ll make it all sound so simple and dumb that any actual professors reading this will start cursing.

Classical philosophers believed that rational judgement is not only possible, but when correctly applied, absolute. Not relative. People wonder why Ayn Rand’s wooden and predictable novels are so popular. It’s probably because, right or wrong, her theme boiled down to Aristotle’s laws of logic. It does people good to think that they can actually know what they know.

Sports can provide just the right sort of medicine for a postmodern, uncertain world. Pro wrestling promoters will tell you that the reason older men often fall in love with fixed matches and goofy stunts is that the WWE soap opera gives them a feeling of control over things. The wrestler becomes a stand-in for the fan’s ego. The results of a fight (even a fixed fight) are absolute, etched into the filmography. Nobody can come along in say, “In my reality, Ronda Rousey was booked to lose at WrestleMania.”

Using the martingale system, a sports bettor places a bet on a specific team and an expected outcome. If the first bet proves to be a loser, the sports bettor increases their stake on each subsequent bet on the same outcome. This continues until a win is achieved. A martingale is any of a class of betting strategies that originated from and were popular in 18th-century France.The simplest of these strategies was designed for a game in which the gambler wins the stake if a coin comes up heads and loses if it comes up tails.

Self-control is always crucial when predicting the outcomes of real competition. When handicapping games in Las Vegas the worst thing you can often do is to take advice. No matter what anyone says, confidence is king when it comes to successful betting.

• The Mini Martingale strategy The Mini Martingale strategy is another variation of its namesake and is based on the same principles. It limits the number of double-down bets to stay away from big losses. However, this version of the system also faces a problem; the player may not recognize when it is appropriate to stop betting.
• Known by many as the “Double Up System”, the martingale betting system is the most popular betting system at not just roulette, but practically at any casino game. Hell even outside casinos – you’ll see people adopt the martingale system to sports betting and even poker tournaments.

I’m trying to keep that in mind today, because I’m about to take on a widespread myth in sports gambling.

The Martingale System is a viable tactic, not necessarily a death trap. And the promise of using it at the sportsbook is exciting. It’s also not as high-risk as you might think.

Looking Past Critics of the Martingale

Take a nickel and flip it 10 times. The chances of it coming up “heads” (or “tails”) 10 times in a row are 1 in 1024.

With the above facts in mind, a quick refresher for those who need one. The Martingale System is the attempt to out-fox a casino manager by breaking a long-held rule of sports bettors. Martingale players chase their losses as a matter of course. If their first wager misses, they double it up and try again. If that one misses, they double-up yet again. And again.

Though the risk increases 2-fold with every turn, the Martingale System gambler knows that at some point she’s likely to win back the money with interest.

Critiques of the Martingale are well known. The most popular knock on the system is that lots of people lose-out completely by betting until their stake can’t handle the next bet-up in the progression. While it appears to work for a while at the roulette wheel or with other either-or proposition markets, the house is just laying in wait to pounce on your whole cash deposit when the long losing streak occurs.

Example of the Martingale System

One problem with using the Martingale to bet on, say, roulette, or craps, is that there are a lot of markets in a casino designed to give the house a big edge. Subtle edges are fine for the poker stakes, but they’re always going to ream the players on slots and with dice-throws. The roulette wheel itself might as well advertise a Vegas house’s strategy with its “almost 50-50” either-or wager. “You people get half, and you people get half, except for this little teeny tiny bit we’re taking over here.”

If the coin is weighted, then it can absolutely come up tails more than 9 times in a row every so often.

The site Wizard of Odds handicapped the Martingale as a Hard-Pass along with a general treatise against all gambling systems a few years ago. That’s a genre of Vegas writing I’m not sure I grasp. Heck, everyone uses some type of system whether they know it or not. Sports bettors who pointedly avoid adhering to any system or style still have a system – their system is not to have one.

But the figure the site quotes for the likelihood of a Martingale “crash” – losing an entire stake by doubling and doubling and doubling – is close to 20% chances to lose 8 wagers in a row. There’s probably a kernel of truth to that. The “average” wager at a casino (counting all smart and stupid ones) lends a pretty firm advantage to the bosses. Yet it doesn’t really apply to true coin-flip propositions such as the sports world provides on a daily basis.

Have you ever lost 8 sports bets in a row? I haven’t. I can’t remember the last time I lost 5 in a row. Certainly the simple feat of winning more than I lose hasn’t produced riches. But the outcome of an Over/Under really is a 50/50 scenario on average. There’s no way a sports betting site can manipulate the Warriors vs the Celtics to get some of the final scores to come in Over and Under alike. One has to lose for the other to win. The bookmaker attaches a vig, or house %…that’s how he makes his money.

The Martingale can be a way to beat the vig at the sportsbook. If you can’t handicap worth a lick, just make sure your bets have a 50/50 chance of winning on average, and you’re all set. If you can handicap to 51% or 53%, now you’ve got the weighted coin and the bookmaker should be flippin’ scared.

How it Works When Implemented the Right Way

Let’s throw aside the exact meaning of (-110), the promise of $100 return on a $110 dollar wager. To make the math simpler we will say that our Martingale sports-betting units are $10 each with a $500 stake. Suppose you bet a single unit on the Celtics-to-cover in the afternoon. They fail to cover. Then you wager $20 or the Warriors-Clippers game to go over the total. It falls under. Then you put $40 on an NHL goal total. And lose that too. (Just going for worst-case-scenario here.)

Now you could lose all 3 of those bets and still have $430 left over. That’s enough for 2 more double-it-up bets before you’re pretty much busted.

So we’ll take the units down to $5. Here, you can see the true value of the Martingale when applied to sports betting. Assuming that your handicapping effort is no worse than random selections on O/U picks, goal spread picks, and Yes/No propositions at (Even) or (-110) odds, then you’re going to need to lose 10 times in a row before it bites you in the keyster. That’s a 1-in-1000 shot. You have a better chance of actually winning substantial money at some slot machines than you do of “crashing” with a 5-dollar base Martingale and a tiny stake at the sportsbook.

In the meantime, every other round of wagers is paying off by a little or by a little more, depending on which outcomes win for which plays. A winning streak is a nice steady tick upward. Don’t get impatient…you can score even bigger after the next losses.

What’s more, you can adjust your style of betting to help salve the bad days and stroke the great days with the Martingale. For a good panic-time trick, try putting double-up bets on easier and easier-looking moneyline wins (always on the favorite) at (-150) or (-175) late in the day, week, or month of a losing streak. That way you’ve made a pretty safe wager on recouping at least most of the losses…and chances are very slim it will happen again in the future.

Avoid tricked-up O/U markets and don’t worry about hunting the best payoff lines. Do not wager on horses with the Martingale, and avoid parlays at all costs.

Martingale Sports Betting Calculator

Dual Accounts to Deal With Danger

Because I’m confident that I can handicap certain sports accurately 55% or more of the time, I’m loving the Martingale as a profit system for at least one of my betting accounts. But it’s designed to work for the 50-50 handicapper too. The trick is to be ever watchful for that “crash monster.”

Start with the smallest units you can. Realize that while tiny units may not make for sexy gambling (OK, knock it off, wise guys) in the traditional sense, the idea that giving yourself a 10+ loss-in-a-row cushion against ever losing in the long run is very attractive. The smaller the bets begin and the larger the deposit, the more months and years you can expect to gamble free of worry.

But the dangers are there with the Martingale. I would recommend opening at least 2 or 3 new (and modest) accounts at betting books and/or your online banking system. Spread the wealth around. If you dedicate one sportsbook account to the Martingale System and play it very, very carefully with the soundest picks you can muster, it will always tend to creep up over time…and help fund the other accounts.

Don’t keep a gigantic amount of stake money in your Martingale funds, because the one and only true danger of the system is to lose everything in an epic losing streak. Take the base unit as low as you dare instead and enjoy an almost-impeccably safe system that breaks the unwritten rules.

Sports betting represents one of the most popular gambling methods. A lot of people are interested in betting on various sports events because they can improve the experience of any game and make it much more intense, especially when they are choosing to bet on their favorite clubs.

Sports Betting Websites

Moreover, the popularity of sports wagering got even more popular with the introduction of online platforms, where you can easily play any casino game or choose a wide selection of matches and gamble from your home. Also, since there are so many online bookies available today, you should do proper research to find ones with the best odds and selection of games. If you are interested in some of the best online bookkeepers and tactics that you can use to improve your chances for a win, visit Wagerdex.

Furthermore, you have to know that successful sports betting requires much more than pure lick, which is the case with most casino games. It is crucial to be familiar with sports and teams to improve the probability of predicting the results. Besides analyzing the matches, you should also learn to use proper money management.

By controlling the funds you are investing in bets, there will be a much lower chance to lose more often. Also, you can prevent losing more than you can afford. One of the best types of tactics in betting is the Martingale Strategy, and we are going to introduce you to this method and how to implement it into sports betting.

Basics

This approach represents one of the oldest systems in casinos, and it was created in the 18th century. However, before casinos and bookies started using advanced methods of wagering and determining house edges, the chances to win by using this strategy were near 100%. On the other side, with the development of betting systems, they also introduced various limitations and regulations to create a system that will assure them with profit.

The main reason for such a popularity of Martingale strategy is its simplicity and convenience, along with the high chance to make a profit. The main point of this system is to double your investment whenever you lose the bet. For instance, you can place $100, and if you lose, lose the next bet will be $200. If you win in the second bet, your profit is $100. The best way to use this system in your favor is to start over with the starting amount each time when you win. The benefit of the Martingale system is that you can use it in a variety of games, both sports betting and casino.

Martingale System Sports Betting

How It Works?

To simplify this strategy more, we are going to introduce you to some examples where you can implement it properly. The best way is to select odds with around a 50% chance to win and chase only to double your investment. Also, avoid bigger odds in this sort of betting management because higher odds have much lower chances for a win.

The chances should be the same as when you are playing on black and red in roulette. Furthermore, in case you lose 5 matches in a row, and you started with $100, your sixth bet will be $3,200. If you win this time, your profit will be only $100, but you managed to get back all of the money lost on previous bets.

Benefits and Downsides of Martingale Strategy

The main advantage when we compare it with other types of strategies is its simplicity. Many other methods require advanced calculations and a lot of research. In that matter, even a beginner can become successful with it. Also, you have to be prepared to invest a lot of money, because there is always a chance to lose a lot of games in a row.

However, the return of your investment and profit are guaranteed with the first successful bet. If you are interested in placing a lot of money in betting, this is the best strategy for that.

Reverse Martingale Sports Betting

On the other hand, a big downside is that you need a lot of money for betting. Therefore, if you are interested in the only place a bet that is not higher than $10 or $20, you should use some other strategies. Moreover, the big issue is that most casinos and bookkeepers have limitations related to the amount that you can invest. Therefore, there is a chance to reach the point where even the maximum bet is not enough to return you all of the previous losses.

Types of Martingale Strategy

The most common methods to use this strategy are mini, grand, and reverse. For the mini type, you will have to calculate the amount that you can invest according to the wager limits. Therefore, you should start with lower bets. By choosing the Grand method, you will have to add more money on every bet.

In this case, you have to prepare more money, but the advantage is that your profit will be much bigger. the main point of the reverse method is doubling the money even when you win. However, you should avoid re-betting more than three or four times in a row.

Conclusion

Martingale Betting Strategy

This system is useful when you are interested in placing bets that are starting at $500 or more. For example, winning three games in a row with $500 will make you $1,500 in profits. On the other side, gambling with smaller amounts won’t provide you with much profit since there is a low chance to win a lot of games in a row. In that matter, for amounts under $199, use a combination of matches with lower odds to increase your chances.

Moreover, when it comes to the Martingale system, you should create a proper money management and determine the maximum amount you can afford to invest in betting. When we compare it with other systems, the probability is much higher because you are betting on odds that have around 50% chance. On the other hand, you can only double your money while some other methods could provide you with much more.