There are several different systems out there designed to help you manage your money or even improve your odds when gambling, but not all of them do what they claim. The Martingale betting system won't improve your odds, but it will help you manage your money and recoup your losses.
To put it simply, the Martingale system requires you to place even-money bets on your favorite casino gambling games and incrementally increase those bets after losses. In this manner, it is thought that gamblers can more easily recoup losses, so even if they do not win a great deal of money, they won't lose a great deal of money, either. It's a very simple and straightforward system, so it's the perfect starting place for those who are new to using such strategies in their gambling.
Let's say you're playing roulette. You'll place an even-money bet of your choice, and in this case, we'll use red for an example. Thus, you put a £5 bet on red, and if it loses, you will double your bet on red for the next round. Then, just keep doubling your bet for each loss, and when you finally win, you will have recouped all of the money you've lost. It really is that simple. When you place a winning bet, you'll simply revert back to your original betting unit of £5. In the reverse Martingale betting system, you do the opposite - increase your bet with each win and revert back to your base unit when you lose.
Although the Martingale betting system certainly works in theory, it does present a problem that some gamblers have difficulty overcoming. If you lose five times in a row, then your bet on the next spin would be a whopping £80. Now, when you consider that most casinos do not have such wide betting ranges on their roulette tables, you'll find that you may hit the table limits very quickly. To mitigate this problem, be sure to look for tables with the widest betting ranges possible.
Although the Martingale betting system is a great way to help you manage your money when you play games with even-money bets, exceeding table limits is always a possibility. However, you can use your best judgement when it comes to implementing this simple strategy and use it to your advantage.