Bettors are always looking to gain an edge over the sportsbooks but gaining the upper hand requires a bettor to have an ace up their sleeve. The Grand Martingale Betting System is one such secret advantage.
Some of the top sports bettors in the industry use the Grand Martingale Betting System, named for its originator, John Martindale. It’s ingenious, but not novel and this meeting system has actually been around for centuries.
Throughout time, the spelling of Martindale’s name has changed from “Martindale” to “Martingale.” Regardless of the name attached to it, the system itself stays the same.
How the Martingale System Works in Sports Betting
The Grand Martingale system is a very simple betting strategy. So simple, in fact, that many bettors actually use it without realization. The system’s strategy is that bettors double up on bets until they reach a winning outcome. It seems counterintuitive to double up on your losses. However, the math regularly works out to cover betting losses.
The first step is to determine a starting amount as your reference. Choosing a wager of $10 or $20 is a great way to begin using this betting system as it shouldn’t break the bank. If your first $10 bet wins, you will set aside that profit and place another $10 wager. If your first $10 bet loses, you will wager $20 the next time around.
You will continue this process until you win a bet. Then, you will start the whole process over with the initial wager. By winning one large bet, you will always make up for your losses along the way.
There are several different variations with the Grand Martingale betting system. All of them focus on doubling up your wager each time. It is a proven system used by some of the top sports bettors. But beginners can use this strategy to their benefit, too.
How Effective is The Martingale system?
Before any sports bettor chooses to use the Grand Martingale betting system, they always want to know if it is effective or ineffective. The fact that this betting system has been used for centuries should tell you all you need to know about the effectiveness.
The Grand Martingale strategy can be a great betting system for beginners and experts alike. But this is only if it is done correctly. If you plan to use the Grand Martingale betting system, you must go about it wisely.
There are some variations of this betting system out there, but you shouldn’t attempt to change it up on your own. The original system guarantees you win some money at some point.
This system does require you to have a relatively sizeable bankroll established. This is especially if you suffer a long losing streak right away. That is one of the most significant drawbacks, but you will eventually get your money back if you stick with it.
The most critical component of this strategy is patience. If you plan to use the Grand Martingale betting system, you will need to be imperturbable to annoying tests of time.