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Martingale System
Martingale is probably the world’s most famous betting system. The method asks the player to double the wager after every loss.
How the Martingale System works
Choose a starting unit that is small compared with your bankroll. After a losing bet, double the next stake. After a win, return to the original unit.
A sequence of 1, 2, 4 and 8 units means that a win at any stage recovers the earlier losses and produces one unit of profit.
Advantages and disadvantages
The rules are simple and give the player a defined plan. The serious flaw is that stakes grow extremely quickly during a losing run.
A limited bankroll and casino table limits mean the system cannot be continued indefinitely. Martingale does not alter the odds of the next hand.