Martingale Betting system: In online sports betting bitcoin, the Martingale betting system is one of the popular and widely using. Here we are going to give you a quick overview.
About the Martingale Betting System:
This system consists of doubling the bet each time you lose, that is, 1-2-4-8-16-32. It would apply to odds around 2.
Its use bases on the fact that when you win you will have recovered what wagered plus one profit unit. In theory, it is infallible because streaks cannot last forever, but the reality is very different.
First of all, big bad streaks are more frequent than we think. This makes us need a great bank to face those bad streaks. The return with respect to the bet is very small and the failures can lengthen in time until it drives you crazy.
When to apply the Martingale Betting System?
This system could apply to the big favorites when they are in good shape because it is very difficult for them to lose 10 times in a row.
But there is a big drawback: the big favorites never have odds 2 or higher throughout the season, except when they play with other top teams. And against those teams, they can lose 10 or more times in a row.
Therefore, this system is very risky and we strongly advise against both sports betting and any other type of bet. Don’t listen to those little windows that appear on many websites announcing an infallible system to win at Roulette. Read more about betting system here.
It is nothing more than a demand from the virtual casinos themselves for you to enter funds and make them lose. Just because you miss ten, a hundred, or a thousand bets in a row doesn’t give your next bet a better chance of hitting.
It is simply a mental elaboration that makes us think that the next bet is influenced by the previous ones when it is not. Think about it.