Ever so popular since the 18th century, the Martingale betting system has proven to be the easiest strategy to implement in table games of chance. For those not familiar with it, here is the gist – you place a unit of currency, and if you lose, you double your bet on the next round/hand. Theoretically, a player will recover from their losses every time the outcome is different, allowing them only to acquire profit in the long run. Although sounding quite convincing, there are many factors which make its real-world application, quite unprofitable. This, however, didn’t stop casino enthusiasts to continue exploring additional ways how to improve on it – which is what gave birth to the “Reverse Martingale.” Here is how it works.
Capitalizing on Wins Rather Than Losses
The “Reverse Martingale,” relies on doubling up on your wins, rather than your losses. For example, if you bet a single unit and you lose, the next wager needs to have the same value. On the other hand, if you win, you will double it – a successful winning streak is theoretically going to provide you with a huge win. If the player starts hitting a losing streak, they will need to reduce their bet by 50% with any following loss.
Often Mistaken for the Paroli Betting Strategy
In the principles of doubling up after every win, the Reverse Martingale is often confused with the “Paroli System,” which also relies on the same principle, with one significant difference. While doubling up on wins with the Reverse Martingale is done until the end of a winning streak, the Paroli dictates that the player doubles up only on three consecutive wins, then returns to their initial (or base) wager. This way, a player would have better control over their losses, while still making a profit.
Why the Reverse Martingale Isn’t a “Sure Thing”
The gradual reduction of losing bets is still bound to deplete a player’s budget swiftly, but that’s only one of the issues with the Reverse Martingale. The strategy’s inherent flaw comes from the eventual reach of the game’s betting limits. Once a losing streak starts (and it will), a player will swiftly lose all of their profit in a matter of minutes – the same can be said about using the Paroli system.
The Majority of Betting Systems Rely on the “Gambler’s Fallacy”
The biggest losses in casino history have come from the fact that a player believes that if a certain outcome has happened too many times, the opposite will occur at some point. Also known as the “Player’s Delusion,” this has caused many people to lose their entire budgets in one session by trying to chase losses (regular Martingale) or pursue winnings streaks (reverse Martingale).
Available Only on Games with Even Odds
The Reverse Martingale is based on even odds games such as Blackjack and “red or black” bets in Roulette. Pretty much any game that has an “almost 50%” of success can be tried out with the Reverse Martingale. You should remember that this particular system is considered to be quite “aggressive,” as the winnings of a successful winning streak will be reduced easily!
Betting Systems Should Be Used for Fun
The Reverse Martingale, just like many other betting strategies, should be used only a few times for the sake of testing it out. Furthermore, we encourage our readers and all players out there to extensively try any betting strategy in a risk-free environment, by playing available free versions of casino games. The bottom line is that those strategies never work – it might seem that they do for a while, but that bankroll you’ve been building up for the past few hours can burn out in a few minutes. If you plan on trying it out with real money, do so at your own risk! Of course if you lose and the casino provides RTP you get a percent of your lost.