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The Martingale system is a methodology to amplify the chance of recovering from losing streaks that can be used in investing or gambling. It involves doubling up on losing bets and reducing winning bets by half. Examples of the Martingale Strategy in Action\n\n Assume that you haveR$10 to wager, starting with the first wager ofR$1. You bet on heads, the coin flips that way, and you winR$1, bringing your equity up toR$11. Each time you are successful, you continue to bet the sameR$1 until you lose. |
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Chip Romig, MMR 423 |
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