Sports Betting Nigeria / Betting Strategies / Best Martingale Strategy 2024 – Martingale Betting Explained Step-by-step

Best Martingale Strategy 2024 – Martingale Betting Explained Step-by-step

Publish Date:27.07.2023
Fact checked by: Obinna Nwachukwu

How Does The Martingale Strategy Work?

This article ventures into the intriguing world of sports betting strategies, focusing on one specific technique: the Martingale strategy.

This strategy, which has a rich history rooted in 18th century France, offers an interesting approach to staking in sports betting, potentially bringing an extra layer of depth and strategy to your betting experience. Let’s dive in and uncover the facets of this popular method together.

Sites where you can use the Martingale betting system

Before we go any further, let’s take a moment to introduce our comparison table. Here, you will find a meticulously compiled list of reputable betting platforms. Each one has its own unique features that can help you apply the Martingale strategy to your sports betting in different ways.

They’re also good sites if you’re interested in getting started with value betting or arbitrage betting – although do note both of those need you to do quite a bit of research first.

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Betpawa ₦100 Various NLRC Yes Up to ₦5,000 Yes Yes
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The best Martingale strategy – how does Martingale work?

If you’re curious to know what Martingale is when it comes to betting, here’s a handy overview. At its core, the Martingale strategy is a progression system. This method advocates for you to double your bet after each loss, so that the first win would recover all previous losses plus extra equal to the original stake. It’s a popular approach to minimise losses in a short-term perspective.

Suppose the Super Eagles are playing an international match against Argentina and you decide to place a double chance bet. In this case, you have three possibilities: the Super Eagles win or draw, Argentina wins or draws, or either team wins.

Let’s say you stake ₦1000 on the Super Eagles to win or draw. This gives you two of the three possible outcomes in your favour. If the match ends in a win for the Super Eagles or a draw, your bet is successful.

However, if Argentina wins, you would lose your bet. As per the Martingale strategy, you would then stake ₦2000 in your next bet, possibly on another double chance bet on a different game. This sequence continues until you win a bet, at which point you would go back to your original stake. The premise is that a win will eventually occur, offsetting the losses from the previous unsuccessful bets.

Alternatively, you could consider a half time full time strategy, where you bet on both the half time result and the full time result of a game. If your bet doesn’t win, according to Martingale, you would double your bet for the next game. It’s all about the methodical approach to staking, rather than relying on a single winning outcome.

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Other bet types and alternatives to the Martingale strategy

The Martingale betting system isn’t necessarily for everyone, so here are some other approaches you can take to keep things fresh.

Win to nil:

The win to nil strategy is when you bet on a team to win the game while also preventing their opponent from scoring any goals. It adds an extra layer of challenge and strategy.

Over/under betting

The over/under meaning is that you predict whether the total number of goals, points, runs, or whatever metric is being used, will be over or under a set amount.

Correct score betting

This is a bet type where you predict the exact final score of the match. Although correct score betting can be particularly challenging to get right, the odds tend to be higher to compensate.

Handicap betting

In handicap betting, one team gets a virtual head start, effectively leading the game by a differing amount or amounts before the game starts. This can level the playing field in games where one team is heavily favoured.

Draw no bet

This is a type of betting where, if the game ends in a draw, your stake is returned to you. A draw no bet strategy is essentially a way to safeguard your bet and eliminate one possible outcome.

Conclusion – is the Martingale strategy right for you?

The Martingale strategy is just one method among many to approach sports betting. It introduces a unique way to manage stakes.

However, as with any strategy, it’s essential to understand and make decisions that best suit your preferences and comfort level. Before you begin, do your research and always manage your bankroll sensibly.

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FAQ – Martingale strategy

⚽ What is the Martingale strategy in sports betting?

The Martingale strategy is a method applied in sports betting where you double your stake after each loss. It can work well when combined with various bet types such as 1×2 betting. To find out more about how this works, check out our guide.

🔍 Can I apply the Martingale strategy to all types of bets?

The Martingale strategy can be applied to a range of bets. For instance, in a both teams to score scenario, if you lose the first bet, you double the stake in the next one. However, its effectiveness varies and it’s crucial to understand its application before use. At CompleteSports, we’re here to explain all.

🎯 What other strategies can I use apart from the Martingale strategy?

There are numerous betting strategies, each offering a different perspective. For example, the Asian Handicap strategy levels the playing field when one team is heavily favoured. This, and other strategies, are explained thoroughly in our expert guides.

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