Beginner casino gamblers often wonder if there are ways to improve their odds of winning. The simple answer to that question is no, but there are ways to give yourself a chance to take advantage of some good luck.
There are a few popular gambling strategies that are useful for many online casino games. The Martingale Strategy is just one of these.
The Martingale strategy continues to be commonly used because of its simplicity and potential to help players realize a profit. However, even when properly executed, it’s far from a guarantee and players should understand its limits.
What Is the Martingale Method?
The Martingale betting system might be the most well-known of all negative progression strategies in gambling. It aims to maximize players’ wins so that they’ll hopefully cancel out their losses, allowing them to make a small profit.
To deploy the system, you need to first set an overall budget for how much you’ll spend and how long you’ll play for. Then, you should decide what your base stake will be (how much you’ll bet on each play) and set a win limit.
Following this casino game strategy is simple once you have your parameters. You double your wager after each loss. While you can utilize the Martingale system on nearly any casino game, online roulette makes for a good example.
To stick to the strategy, you should keep to outside bets as you play roulette with the Martingale system. Assuming your base stake is $10, you would double that to $20 after a loss.
Following a win, however, you would return to your base stake of $10. You follow the system until you’ve either exhausted your overall budget, hit your time limit, or reached your win limit.
Maintaining a sustainable gambling bankroll requires you to stick to the limits you set before you began playing. Even with the best plan and discipline, however, you might still finish your session down.
Pros and Cons of the Martingale Betting System?
The Martingale method is a way to structure your bets, not to cheat the odds. Regardless of which game you’re playing with the system, the result of each bet is still up to chance.
That structure is one of the benefits of using the system. There’s no guesswork in how you will proceed as you play if you follow the strategy.
Another advantage is that if you do get lucky, you could quickly obtain a small profit. For all the upsides to the Martingale method, there are downsides.
If you hit a streak of bad luck, you could exhaust your budget for your session quickly. You might end up wagering much more than the bet would return if you win as well.
To minimize these disadvantages, some players also set a loss limit for their session. They might end their sessions early if they lose three consecutive bets, for example.
Because the Martingale strategy tries to put the math of popular casino games on your side, many players wonder about its legitimacy. There is nothing to fear from using it.
Is the Martingale System Allowed in Casinos?
The Martingale system is allowed in casinos but it will be quite obvious to croupiers and other casino staff that you’re following it. Whether land-based or online, casinos take no issue with players trying popular betting systems.
While many betting systems try to circumvent or diminish the house edge, none of the common ones can eliminate the casino’s advantage. Any game you try the Martingale system on is still a game of chance in which the outcomes are random.
While there are unspoken casino rules and formal policies that you should observe, casinos encourage players to have a detailed plan for their gambling as a responsible gambling measure. You can use the Martingale system to become familiar with any of the games that BetMGM offers.
Best Casino Games for Putting this System to the Test
If you’re itching to see whether the Martingale system works, many games afford opportunities to put it to the test. While roulette is a popular option, you can use the Martingale method on just about any casino game.
Baccarat, blackjack, and craps are more examples of games that you can use the Martingale strategy while playing. You can even adapt the system for use in online slots.
To adapt the system for any game you like, simply establish a bet or set of bets with identical or similar odds that you will stick to. These wagers should be the bets with the most player-friendly odds.
For example, if you’re going to use the Martingale system in baccarat, you might want to stick to dealer bets. These are statistically the safest bets and give you the best chance of success with the Martingale strategy.
Once you’ve gotten comfortable with the Martingale method, you might wonder what other options there are for betting strategies. Many other popular systems await your exploration.
Other Casino Game Betting Systems to Try
The Martingale strategy for roulette and other games is the most popular negative progression betting system but there are other types of gambling strategies. There are positive progression strategies that are just as popular.
The most common among those is the Paroli betting system, which could be described as the opposite of the Martingale system. Instead of doubling your stake after a loss, you double your stake after a win.
There’s also the Fibonacci system, which owes its name to the Fibonacci numbers. It’s also a negative progression system but you follow the Fibonacci numbers representing different stakes instead of doubling your bet value.
You can try all of these systems and more when you register for BetMGM. If you do so and make a qualifying deposit, your exploration of betting strategies becomes easy with BetMGM’s casino welcome bonus for new players.
In no time at all, you’ll be earning BetMGM Rewards points with your bets on the Martingale system. With some luck, you’ll also enjoy adding some value to your bankroll.
