Gambling is a fun way to spend some of your free time, but if you want to make some money out of it, you have to take it a little bit more seriously. But, no matter how serious you are, if you do not know how to make good bets, especially on football matches, you will not be able to make any money. Fortunately, there have been a lot of different strategies when it comes to betting in one of the most popular ones is the Martingale strategy.
However, a lot of experts like to claim that this Martingale strategy is not exactly good for football betting. This was a technique that was quite popular back in the 18th century for gambling on all kinds of games, especially roulette. But, playing will that is much simpler than writing a ticket for a sports match. So, is it possible to use the Martingale idea to win?
Well, that is a tough question to answer because it would require a lot of testing, studies, and mathematical analysis. Obviously, we will not be doing any extensive medical analysis, but we could look at some of the data and information that we already have behind this idea.
The Martingale Strategy has not been proven
Before we delve deeper into this topic, I think it is vital to mention that this betting strategy is not exactly perfect. It is not something that will always work for you and it will not help magically make your millionaire. You have to remember that it is still up to chance and your luck. If the odds are against you, you will probably lose, the matter what kind of system you are using.
Since the Martingale technique is quite old, there have been a lot of mathematicians and scientists that want to test this theory. Of course, there are certain mathematicians who agree with the theory and others that do not. Like every theory.
However, expert mathematical analysis shows that the odds do not change the outcome by a whole lot. But, I can also imagine that using it for football betting is completely different math and completely different odds. In other words, we cannot exactly know whether you can benefit from it or not.
How does it work?
Since we do not have any kind of concrete evidence to confirm that this kind of system works or whether it works for betting on sports matches, you will need to test it out by yourself. But, before you can do that, you will need to know how it actually works.
I am going to try to explain the whole idea behind this as best as I can.
The Martingale is the theory that suggests that you should always double your bet after every loss. The moment you win, you reset the water back to its original form.
To explain it even better, here is an example. You first put $10 on Liverpool. Liverpool loses, so you lose $10. The next match, you put $20 on Manchester United. You lose again. In the third match, you put down $40 on a different team and you lose again. This is the fourth time you are wagering, but you are putting down $80. If you win, you get $50 and you are already in plus. For the next match, you reset back to $10. It is possible that you could win that one too. If you do, you are already $20 in profit.
As you can see, the Martingale strategy is actually quite simple which is why it is very commonly used. Whether it is going to work for you when betting on football matches, I cannot exactly say.
Although, from what I could find online, it seems like certain experts believe that this theory actually works, especially for football.
The best possible way you could find out whether this strategy actually works is if you tried it by yourself. Of course, 10 or even 100 bets will not prove anything mathematically. But, if those 100 wagers work for you, there is no reason why you should stop using them. If you notice that your investments are going downhill, you should switch to some other betting system.
If you do plan on trying out the Martingale, I suggest starting with much lower wages. You could start with just one dollar. If you can, I would go with even less than that. If you want to make low cost best, UFA suggests that you do all of your bet online. Online wagering usually has lower commissions on cheaper bets.
The possible risks
Like with every betting strategy, there are bound to be certain risks which means that you could lose some serious money. If you do not want that to happen, you will have to acknowledge both the benefits of using such a system and the risks.
The first and most obvious major risk is the fact that with a series of losses, you could lose a lot of money. In fact, you could empty your entire bank account in a matter of a few hours. The original $10 wager could become $320 after six losses. Once you continue doubling that price tag, your bets are going to become more and more expensive.
This is why I believe is so important to start out with much lower than that. $10 is too much if you are not familiar with this theory. One dollar is more than enough to test out this system.
As you can see, there is no concrete proof whether the Martingale strategy works for football betting. However, there is no strategy that always works 100%. Usually, your win rate is determined by luck, chance, and your strategy. Once you combine all of these three, there is a possibility that a certain betting system could help you win your games.
I hope that you will find this article informative enough and that it could help you make some money with your future gambling on sports matches.