THE MARTINGALE STRATEGY
If you have dipped your toes in the roulette world before, then you might have heard about the Martingale strategy. And if you have questions about it that need to be resolved, continue to read this page and hopefully, everything will become crystal clear.
Explanation of the Martingale Strategy
The Martingale Strategy exists since the invention of the roulette and if you were wondering how it works, you are in the right place. We will try to make things clearer with a simple example. So, if you place a bet of £10 on black in roulette, each time you make a win, you need to make the same bet for the following spin of the roulette wheel. However, if you lose, you will need to double your bet for the following spin of the roulette wheel. So, if a consecutive of losing streaks are followed by a win, you will still have £10 in your account.
How to Increase Your Odds
The main question, before using the Martingale strategy, is whether it will help you increase your odds of winning. However, there isn’t a precise answer to that question, because the odds depend on many factors, including the bankroll, the amount of your initial bet and whether you play the American or European version of roulette.
For example, let’s say that you play the European roulette version, where you have a total of £2.000 in your bankroll, you place £10 bets for an hour, which is about 30 spins, on black. If you don’t use the Martingale Strategy, you will win around 46% of your time, or to be more precise you will win around £32 on average for the £10 bets. The downside is that you will lose 54% of your time, which is around £56 on average.
Let’s see what happens, when you use the Martingale Strategy. Keep in mind that you will need to double your bet after every loss. This time, thanks to the Martingale Strategy, your chances of winning will increase up to 82% on average. We should mention that this statistic is only if you play roulette for an hour. But wait, there is a catch. When you do win, you will get around £132 and when you lose, your loss will be somewhere around £924.
Martingale Strategy Tips
- Always keep in mind that they Martingale strategy works better for short-term betting. For example, if you play roulette for around eight hours, your chances of winning with the Martingale strategy will decrease to around 38%.
- Another thing that lowers the chances of winning is to have a smaller amount of money in your bankroll. So, if you have around £1.000 in your bankroll, you will have an 82% statistical chance of winning. However, if you decrease your bankroll to £500, the chances of winning will lower to 72%.