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Martingale
The martingale system is the most simple and well known strategy. It is mainly aimed at roulette but can be used in blackjack aswell. This is a negative progession system because you increase your bet when you loose.
So, you start with betting 1 unit, if you loose then you bet 2 units on the next hand, if you loose again then bet 4 units on the next hand and so on. When you win a hand you win back all the money you have bet previously plus 1 unit. You start with betting one unit again. If you push then dont increase the amount just bet the same amount as the previous hand.
Example
| HAND NO. |
BET |
W/L/P |
BALANCE |
| 1 |
£0.50 |
L |
£99.50 |
| 2 |
£1.00 |
L |
£98.50 |
| 3 |
£2.00 |
W |
£100.50 |
| 4 |
£0.50 |
W |
£101.00 |
| 5 |
£0.50 |
L |
£100.50 |
| 6 |
£1.00 |
L |
£99.50 |
| 7 |
£2.00 |
L |
£97.50 |
| 8 |
£4.00 |
P |
£97.50 |
| 9 |
£4.00 |
W |
£101.50 |
| 10 |
£0.50 |
W |
£102.00 |
The Martingale strategy has been discredited by a lot of blackjack players, because you need to have quite a large bankroll for it to work also you can go on loosing streaks and end up betting large amounts just to gain one additional unit.
I have to admit I have used Martingale quite often and found it to be quite good. The important thing is to set a limit on how many times you will increase your bet. If you hit a loosing streak then just accept your loss and go back to betting your starting amount again.
Tips To Make Martingale Work
Set a limit on how many times you will increase your bet and stick to it
Increase your bankroll by taking advantages of casino bonuses, large sticky bonuses are usefull here, you can't withdraw the bonus amount but you can use it to increase your bankroll.
Choose casinos with low minimum and high maximum bet limits
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