What is the reverse Martingale betting system?
When you’ve looked at blackjack betting systems in the past, there’s a very good chance that you’ll have come across the Martingale system. This is a system whereby you increase your bet if you lose and half your bet if you’ve just won a hand. However, you may not have come across the reverse Martingale betting system.
More commonly known as the Paroli, the reverse Martingale betting system is one of the oldest betting systems out there. It can be traced back as far as the 16th century when it was commonly used in a game known as Basset.
This is a system that is commonly used in baccarat and roulette. However, when you understand how it works, it makes sense to apply it to games such as sic bo and blackjack too.
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An introduction to the reverse Martingale betting system
With the word ‘reverse’ being used, you may already have some idea of how this system might work. It is a negative betting strategy and that means that it reverses your initial stake should you lose. The reason that it’s used by gamblers so widely is that it protects their bankroll and keeps them playing for longer.
That being said, this is a risky strategy to undertake, especially if you know little about it. Those who are successful have studied the system and they also make sure that they’re using risk management strategies. When you’re at this stage, it defiantly offers you the chance to get ahead and be more successful in financial terms.
A look at the basics
The idea of this system is that it reduces the risk that’s involved when betting on games that involve luck. While strategy is an important element of blackjack, there’s no escaping the fact that a healthy dose of luck also helps. This progressive system works by increasing your initial stake after every win.
The purpose of the system is to avoid players going broke when there are only small prizes up for grabs. The Martingale system is the best-known progression system but it’s also the riskiest. The reverse Martingale betting system carries significantly less risk and is a great way of ensuring that you don’t quickly lose all of your money.
How can I use the reverse Martingale system?
Every time that you win a hand you double your initial stake. Your first bet is whatever you chose it to be but every hand lost means that it is that the previous bet is doubled. The principle behind this is that you will slow the money that’s being risked with each successive bet until you reach the point of profit or breaking even.
The major issue with this strategy is that it can take a long time before bets start to go your way. If you lose hand after hand, it’s very easy to lose a lot of money very quickly. That’s why it’s vital to have risk management strategies in place before you use this system.
The importance of risk management
Okay, we’ve already referred to risk management a couple of times, but we can’t apologize for mentioning this again. Why? Well, with nothing in place you can blow through your bankroll in record time and be left with nothing to play with. if you start to play with the system that doubles your loss then things can get seriously risky. Opting for doubling your wins can prove a safer option.
In terms of risk management, things to consider are:
- Setting a maximum loss limit
- Having a stop-loss system
- Bankroll management
If you ignore these points then you do this at your peril.
Top tips when using the reverse Martingale system
There are certain things that you need to be aware of before you start to use this system. Here’s a look at the top points to be aware of:
- This system is to be used for smaller bets
- Bigger bets can very quickly lead to huge losses
- The system is only to be used on sports bets or games of chance that give you an equal chance of a win or a loss
- You must make sure that you have a stop-loss system in place
The last thing to bear in mind is that this is a negative progression system. What this means is that your wins get bigger and when you lose you’re losing less money. The system can’t help you to win more often: it can just impact the size of the wins.
Reverse Martingale system vs. the Martingale system
The Martingale system is extremely popular among roulette players because it allows them t win money relatively quickly. The problem with the system is that you need a healthy bankroll to be able to use it. That’s not the case with the reverse system.
The reverse Martingale system sees you increasing your bet after every win rather than when you lose. This means that a spree of early losses is less likely to wipe you out and leave you bust. It’s worth remembering that both systems are there to be used as a long-term approach. The problem with the Martingale system is that the strategy isn’t always affordable for the long term.
Playing safe
Gambling is all about fun and entertainment. Yes, winning is great but that doesn’t mean that you should keep going after wins at all cost. You always need to bear in mind that the reverse Martingale is only to be used for smaller bets. Apply it to larger ones and watch as your bankroll evaporates.
There’s no denying that the reverse Martingale is a useful tool but it should be part of a wider approach to your game and complement other things that appear in your tool bag. That means that rather than just looking at betting systems you also need to be looking at the likes of basic strategy and card counting. This gives you a well-rounded understanding of the game and increases your chances of winning more than you lose.
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