This is my strategy:
Let's start with
£10.
You
place a bet on some event with
odds around
2.00.
If you
lose, you place a
£20 bet on another event with
odds around 2.00.
If you
lose again, you will place a
£40 bet on another
event with odds around 2.00.
Now, if you win this bet, you will win £40 * 2.00 =
£80 and
your sum of stakes was £40 + £20 + £10 = £70.
So you made a
profit of £10 or your profit is
equal with your first stake.
That is what a
simple martingale progression strategy is about.
It is great, isn't it?
The only
problem is that
stakes can go high rapidly, so if
you go into a losing streak, you can lose all of your money
easily. If you lose 5 bets in a row, your 6th bet should be
staking £320 which is 32 times bigger than your initial bet.
So, Martingale would be
great system if we have
unlimmited
amount of money in our account, and if our bookmaker have
no limits for bets on some event.
Unfortunately, that is
not the case in
real life, so you
have to be
careful if you are trying to implement
a similar system.
Since the problem is that stakes go high rapidly, you can
try to decrease the progression by choosing
events with
higher odds like HT/FT X/X for example, or 1:1 correct score.
If your chosen odds are higher, then you
don't need to double
your stake every time you bet and you can calculate which
stake will still bring you the profit.
Of course, since odds are higher your losing streak
could be longer.
David
More information:
Betting explained
