Martingale Blackjack Betting System Explained
Often regarded as the grandfather of all betting systems, the Martingale Blackjack Betting System is one of the longest running betting systems in existence and it also happens to be one of the most popular as well. Unlike some of the more modern systems such as the Parlay system, the Martingale betting system makes use of “negative progression” in order to guide the player.
With negative progression, the player will be make a decision based upon the statistical probability of them losing an infinite number of bets, and it is important to note that one of the defining features of the Martingale system is that it is used on even money.
The manner in which the Martingale betting system is utilised is very straightforward indeed, as the player will always begin by wagering a single unit. If the player happens to secure a victory, then they will restart the cycle and begin with just one unit.
In the event that the player happens to lose a particular wager then they will be required to wager two units during their next turn. In the interests of clarity, if you lose with the Martingale system you will then proceed to double the bet in the next turn.
The beauty of this system is that the player will have the peace of mind knowing that they will be guaranteed a minimum level of profit (which will always be set at one betting unit, which itself is determined entirely by the player), unless they happen to lose all the time, every time. Of course, that is a statistical impossibility, and that is why this foolproof betting system is so popular across the world.
I have tried to be as concise and direct as I possibly can be, however, just in case you did not quite follow the explanation identified above, let me delve a little deeper.
For the sake of argument, let us consider a blackjack player who has decided that they will bet $10 per hand. On their first round, they lose. Therefore, under the provisions of the Martingale system, they would be required to then wager $20 in the 2nd round. Again, they lose. Therefore, in the 3rd round, they will wager $40. Still lady luck snubs them, and so they lose the third round.
Remaining true to the system, the player will now wager $80, to which they win. The player wins $80 and so their net profit is $10. They lost $10 in the 1st round, $20 in the second, and $40 in the third. Their total loss thus far is $70. Their total win is $80.
Given that the net profit is $10, this means that the player has effectively made a profit of precisely one betting unit (which in our scenario was specified as being $10).
There are problems with the Martingale system and these are primarily due to the fact that most blackjack tables have a wager limit. Therefore, the “double up” rule of the Martingale system is not possible, because of the artificial cap of the table.
If you intend to test the Martindale Blackjack Betting System online then we advise that you start of with small stakes at quality online casino sites such as Virgin Casino or 7Red Casino. I will be honest and say that I’m not a fan of this system and would advise players to test the system using play money using our free play blackjack games before even thinking about playing for real money.
