Martingale
A betting system based on doubling-up after each loss.
The term "Martingale" refers to a betting strategy often used in gambling, particularly in games like roulette and blackjack. The basic principle of the Martingale strategy is that a player doubles their bet after every loss, with the idea that when they eventually win, they will recover all previous losses plus gain a profit equal to the original bet.
For example, if a player bets $10 and loses, they would then bet $20 on the next round. If they lose again, they would bet $40 next, and so on. Once they win, they would return to the original bet amount. The strategy relies on the assumption that a win will eventually occur, allowing the player to break even or make a profit.
However, the Martingale strategy has significant risks. It requires a substantial bankroll to withstand a losing streak, and many casinos have table limits that can prevent the player from doubling their bets indefinitely. As a result, while the Martingale can be appealing in theory, it can lead to substantial losses in practice.
« Back to Glossary Index