A martingale is any of a class of betting strategies that originated from and were popular in 18th century France. The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler double his bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake. The martingale strategy has been applied to roulette as well, as the probability of hitting either red or black is close to 50%.
So, in easy words, the Martingale system works as follows: as long as you’re winning, keep to a 1 unit stake.
Every time you lose, you double your stake to win back your losses and maintain the 1 unit profit.
If you start betting 1 and loose, increase by 100%, so bet 2, 4, 8, 16, 32, 64, 128 etc.. After a win reset to base bet. EASY!
Martingale is not a secure winning strategy, but if used with caution can easly multiply your money. You must remember that the most money you have the most chance you have to prevent big loose streaks.
This system can be used in any of the thousands online casino, for example you can bet on roulette red or black, but I suggest to try it with bitcoins, because of the really low amount of money you need to start.
So, there are a lot of bitcoin games…i suggest to try the dice game on freebitco.in or the dice game on primedice.com
First step: Get some free coins with the lottery or deposit at least 0.00010000 – 0.00100000 btc (more you have, less chance you have to loose)
Second step: Go to automated bet in the dice game, set the minimum bet, and set “on loose – increase bet by 100%” / “on win return to base bet”
Third step: Start automated bet and see your coins increase!
If you have a greater budget you can increase also the minimum bet, and make more money.
I made an example video on freebitco.in