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 his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler double his bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake. The martingale strategy has been applied to roulette as well, as the probability of hitting either red or black is close to 50%.
How it works
The basic martingale strategy is to double up your bet on a loss and reset to base on a win.
For example:
Bet Amount | Bet Result | Total Profit |
---|---|---|
10 | loss | -10 |
20 | loss | -30 |
40 | win | 10 |
10 | win | 20 |
10 | loss | 10 |
20 | win | 30 |
Changing payout you need to change the multiplier to next bet like playing x3 next bet must be played multiply 1+1/3= 1.33 or playing x4 need a multiplier of 1+1/4 = 1.25 try the martingala calculator to know the next bet you need to do.