We tested the Martingale Strategy, and Here’s what we found

Contents

• The Martingale gambling strategy: History and practice
• Which games does the Martingale system work with?
• Pros and cons of the Martingale system
• Tips for using the Martingale strategy
• Martingale strategy variations
• Alternatives to the Martingale system
• The Martingale strategy isn’t for everyone

When playing at an Mr Bet online casino in New Zealand, many would argue that using a betting strategy is the smartest way to go—especially when you have a limited bankroll. Most casino enthusiasts swear that the Martingale strategy is the best one around. 

Well, with many betting systems around, we don’t know about it being the best but it certainly is one of the most popular. 

It’s crucial to note, though, that using a betting system in New Zealand doesn’t guarantee that you’ll win. The outcomes of casino games are random, after all. Many who have used the Martingale system, though, have reported success most of the time. 

So, what is the Martingale strategy? How does it work? And which Mr Bet NZ games should you play when using it? 

Join us as we answer these questions and reveal a few extra tips. Let’s get rolling!

The Martingale gambling strategy: History and practice

It’s believed that the Martingale betting strategy was developed in France during the 18th century. It found its way to casino tables when John H. Martindale would often encourage his patrons to “double their bets” after each loss.

There’s a running theory that Charles De Ville Wells won more than 1M francs using the Martingale strategy on roulette.

So how does the system work? It’s pretty simple really—starting with the minimum bet, you double your wager with each loss until you win. We know this as a negative progression strategy.

The idea is that, when you win a wager, the payout replenishes previous losses and starts building up a “profit”.

If the minimum bet is $10 and you lose, the next would be $20. Doubling with each loss. If you win after 5 rounds of losing, you’ll have received a $10 profit after replacing your losses. 

Compared to other strategies, Martingale is relatively risky. So it’s best to play games with better odds as they’re more likely to improve your chances of reclaiming losses. Even money wagers that pay 1:1 also have a better probability of winning.

Which games does the Martingale system work with?

The Martingale strategy works well with any casino game with even-money bets. There are a few differences when using this system in each game, though. 

Here’s how the Martingale betting strategy works in each game:

• Roulette is the most popular game of choice when using this system, especially among expert players. When using the Martingale strategy in roulette, you have the choice of three bets: 1–18/19–36; high/low; red/black. 
• Craps has two bets available for this betting system: pass line or don’t pass line. With RTPs up to 98.64%, be mindful of betting too high as it results in you reaching the table’s maximum limit while on a losing streak.
• Blackjack might offer the highest RTP, reaching up to 99.68%. The win rate isn’t as high, though, often less than 50%. While there are betting options that make up for this disadvantage, using the Martingale strategy in blackjack has higher volatility. 
• Baccarat offers a higher win rate (a little over 50%) when you bet on the banker hand winning. This bet has a 98.94% RTP, making it an ideal game choice for this system. 

Pros and cons of the Martingale system

As with anything in life, there are pros and cons to the Martingale strategy. Here are some of the most notable:

Pros	Cons
Straightforward to understand and execute. Could result in small short-term wins. Losses can be recovered with a single win.	An extended losing streak could be enough to drain your bankroll completely.  The bets may be large, but the wins are small. Games have a betting limit which determines how far you can go with your wagers.  Not ideal for small bankrolls.

Tips for using the Martingale strategy

As with anything in life, tips from experts can make a significant difference in the outcome you experience. That said, here are a few tips that might help you employ the safe use of the Martingale strategy when playing with Mr Bet New Zealand. 

• Set limits: Whether using the Martingale gambling strategy or any other, you should always keep your bankroll in mind. This mindfulness prevents you from spending more money than you can afford to lose. 

With stop-loss limits, you’ll set limits for yourself for when you’ll stop playing. Applying this strategy, you’d then determine how much you’re willing to lose before you leave the game. 

• Look for the lowest limits: Choosing a game with high buy-in and maximum bet limits are a danger to your bankroll. Look for games with lower limits to reduce the risk and keep the game going for longer. 

• Take advantage of bonuses and rewards: Welcome bonuses and loyalty rewards are a fantastic way to practice using the Martingale system without the extra risk. Before playing at Mr Bet, though, we encourage our New Zealand players to confirm if the offer terms include their chosen games. 

Keep in mind that, when placing wagers at an online casino, no outcome is certain. All casino game developers adhere to strict protocols to ensure fair gameplay, this means that the outcomes are random.

That said, even the best executed betting strategy doesn’t ensure that you’ll walk away with a huge bank balance. Players simply use them to enhance their overall casino experience. 

At Mr Bet New Zealand, we encourage responsible gambling. So, always be mindful of your bankroll and its limitations. 

Martingale strategy variations

As with most betting systems, there are different ways of executing the Martingale strategy. 

Here are the different methods:

• The Reverse Martingale system has you doubling bets after each win instead of the usual loss. While this system has the potential to be immensely profitable, it’s crucial to know when to stop. A single loss means that you’ll lose all accumulated profits. 
• In the Mini Martingale system, you control your losses by limiting the amount of bets you’ll double. The profits when using this strategy are much smaller, but at least you won’t lose your entire bankroll. 
• With the Grand Martingale system, you go big or go home. It takes the standard strategy, but adds an extra bet when you double down on each loss. For example, if you lose a $10 bet, you’ll wager $20 with an additional $10. 

The advantage here is that, when you win, you’ll recover your losses and add a bit extra to your profit. The disadvantage is that you’ll reach the game limit faster, since you’re risking more. 

Alternatives to the martingale system

If the Martingale betting strategy doesn’t sound appealing to you or doesn’t work for you, maybe one of the many others will be a better fit? The great thing is that there are plenty of betting strategies to choose from, but they aren’t a “one-size-fits-all” scenario. 

Many casino experts advise you to try them out and tweak them as you need to. You never know, you may just find a winning system as you enjoy playing at Mr Bet NZ.

Some beginner-friendly strategies include:

• Labouchere requires that you set a “win goal”, then note values that add up to that total. With each bet, you’ll cross off the first and last values on the list. As you progress, you’ll either reach your “win goal” or deplete your bankroll. 

• D’Alembert is the more aggressive version of the Martingale betting system. You’ll then increase the betting value with each loss by a predetermined amount, or decrease after each win by the same amount.

• Fibonacci involves a sequence of wagers where each one is the sum of the previous two. For example, if the first two bets placed are $5 each, the third would be $10, the fourth would be $15, and so forth. The bets increase whether you win or lose.

The Martingale strategy isn’t for everyone

Though the Martingale strategy is a straightforward and popular choice, it doesn’t work for everyone. You could say that this strategy is better suited to players with a larger bankroll. 

Many consider the high-risk, low-reward aspect to not be worth the effort. And they may just be right. That’s not to say that other betting strategies aren’t beneficial, though. 

Are you ready to put the Martingale betting strategy (or any of the others mentioned) into action? Why not create your account to enjoy Mr Bet casino games in New Zealand today? You never know if a betting system works for you until you try it.