How Martingale works
Martingale is a strategy that you could very easily apply at the roulette tables. All you have to do is to double your stake every time you have a losing bet, whereas you reset it to your original stake on every win. It’s important to know that you should only bet on alternatives that give you double the stake back when using Martingale, such as even/uneven number or red/black colour. Let’s take an example of using the strategy:
You decide to place your first bet of £1 and bet it on the colour red. The ball does indeed land on red and you win, which means that you don’t change the stake as it should always be reset to the original one on a win. Therefore, you once again place a bet of £1, which you end up losing. At a loss the stake should always be doubled, which means that you should place a bet of £2 on the next round. You do this and once again end up losing, which means that you now have to double your bet once again, making it a total of £4. On this bet you finally hit a winning round and therefore you reset your stake to the original one, which was £1. This means that your next round will be a bet of £1, which you’ll then once again double if it becomes lost.
By always doubling your last stake on a loss, a winning round will always result in a net profit of your original bet. In the above example, you lost £1 + £2 after you had your first win and then won a total of £8 when you placed your next winning bet of £4. If we add the stakes together and then subtract the loss we get £8 – £7 (£1 + £2 + £4), adding up to a net profit of £1, which indeed was the amount of the original stake.