In our site we have explained in details the Martingale Betting System.
The system, which we are going to explain in this article, shall be read as an extension of the Martingale System. If you haven’t read yet please read here.
As a summary of the Martingale we can say that this betting system is based on doubling the The amount a player bets on a match. after each lost up to the moment when we will have a winning bet. End than we start from the beginning.
Expressed on a tabular way will look like this:
The extended Martingale System follows the same strategy but change the multiplier.
The multiplier is the increasing factor of the stake and on this betting system will be calculated taking in consideration the current Odd and a fixed profit.
The odd (O) is different and is depending on the selected match.
The profit (P) will be determined by 3 factors:
- Your Budget. (B)
- Number of sequence. (i)
- Minimum Odd (will be used 2 as per normal Martingale System)
Lets express the formula:
P = B /(2^(i-1)*2-1)
B = 1000 € , I = 5 rounds
P = 1000/(2^(5-1)*2-1)= 32.26 € Lets round P = 30 €
Next step is to determine the first stake (S).
The stake is depending on the odd and the expected profit.
S = P/(O-1)
P = 30 € , O = 2.50, S = 30/(2.5-1) = 20 €
From this point and forward on any win we start from the first stake. In case of loose the next stake will be calculated as follows:
Sn= (P+Sum(previous Stakes))/(O-1)
Lets consider we have lost 2 consecutive stakes
P = 30 € , O = 2.50, S1 = 30/(2.5-1) = 20 € Lost
P = 30 € , O = 2.20, S2 = (30+20)/(2.2-1) = 41.6 € Lost
P = 30 € , O = 2.30, S3 = (30+20+41.6)/(2.3-1) = 70.5 € Won
Total stake is 70.5+41.6+20 = 132.1 €
Return from last stake will be 70.5*2.3=162.15
So the profit is 30 € equal to expected profit.
That’s all my friends. I know that’s look a bit difficult and complicated but it’s a good system to manage your pocket when using progressive systems.
As conclusion there are some recommendations to follow
- Find The odds for an event.There are three types of odds:American, fractional and Decimal. They determine the profit that can occur if the bet won. bigger than 2.1 preferable draw matches (odd around 3.0)
- Stick to your budget and fix your stop loos.
- If you are not familiar with arithmetic’s use the excel file. Download here.