What's a Martingale ?
As you may know, The Martingale system was introduced by French mathematician Paul Pierre Levy in the 18th century. There are several variations of the Martingale system, each of which provides different opportunities for casino players.
Classic Martingale for Blackjack
The classic Martingale system is original, the one described above. In blackjack, applying this betting system is very simple: start the game with the minimum bet; in case of loss, double the bet, and in case of victory — reduce it.
Mini Martingale
Mini-Martingale is a variation of the classic strategy with restrictions on doubling the bets. Some players see these restrictions as serious advantages over the original strategy, as restrictions help them prevent the loss of large sums of money.
It is also believed that Mini-Martingale actually works better than the original strategy in the short term, as players, without haste, increase the bets during the loss period. That is, players lose money more slowly.
Grand Martingale
Grand Martingale is a more aggressive type of original strategy. This variation of the betting system is created for players who solve one of the main problems of this strategy: the reward received after a win is too low considering the risk.
Grand Martingale betting rules are slightly different from standard rules. In case of loss, the player must double the bet but pre-add an additional one to the sum. The idea of these rules is easy to understand: after winning, the player will not only return the lost but also earn a little from above.
Anti-Martingale (Reverse Martingale)
Anti-Martingale is considered another, safer version of the original strategy. The system is also known as Reverse Martingale due to the fact that it actually uses the Martingale system in reverse. According to the rules, a player must double the bets after winning, instead of raising them when losing.
It is believed that the Reverse system is a chance for players to win large sums of money in the event of a succession of winnings. Nevertheless, players should know when to stop, so as not to lose all the money after a single loss. In the end, no one can be sure that he will win again.
Using Martingale Comes at a Cost
The Martingale Betting System can only succeed when its main principle is upheld. You must continue to double your bets until you win. If this pattern is interrupted at any point or limited by external factors, it falls down in both theory and practice. Therefore, if you’re looking for bigger blackjack or roulette profits, then you should look beyond this strategy. Although there is some merit to it if used in small doses, to rely on it as a complete betting system would be a costly mistake and one that would break any bankroll management rules you may have set for yourself.
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Martingale system is not one that we would recommend. The risk is just too high when compared to the potential profits. Remember that each winning bet will only ever result in a profit of one base unit. If you are absolutely set on giving it a go, please try it out a few times playing for free at an online casino first. There is every chance that you will see just how possible it is to lose everything.