Martingale Sports Betting

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The Martingale system first came into prominence back in the 18th century, with people using it as a strategy to make a profit from casino games like roulette.

Initially used in casinos, Martingale betting strategy has proved to be very useful in sports betting, too. The essence of the system is quite easy to understand. While in casinos it was mainly used for red or black roulette bets, in sports betting it is applied to a wide variety of events. To successfully use the strategy, a player should have. The Labouchere betting strategy is sometimes compared to the Martingale betting system, which is a way to reduce the large risks associated with the martingale strategy. It works in a similar fashion, but you decide on the amount of money you want to win ahead of time, divide that number by ten and then plan to win that number with each bet.

The theory behind it is simple, requiring you to double your stake after any losing bet and repeating this up to the point you back a winner.
In order for the mathematics to work, each wager must be a single bet at odds of Evens or greater to ensure that you will eventually make a profit.

For example,

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the Championship in England regularly produces drawn matches throughout the course of the season.

Sports

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Odds for draws are usually 2/1 or higher, meaning you will eventually make a profit if you adhere faithfully to the Martingale system.