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RacingBetter News |
| Tuesday 21st August 2018 | |
Martingale's System For Horse Racing Punters
When it comes to placing your bets on the latest horse races, you’re going to want to find a way to somehow maximise your winnings. There are a number of ways that you can do this – of course, you could do your research into each horse running in every race you want to bet on and review their bloodline and the success of their trainers, or you could even integrate some form of betting strategy into your technique. Here, we’re taking a closer look at the latter, in particular the Martingale betting system and how you can integrate this into your horse racing betting strategy.
Martingale's System For Horse Racing Punters
When it comes to placing your bets on the latest horse races, you’re going to want to find a way to somehow maximise your winnings. There are a number of ways that you can do this – of course, you could do your research into each horse running in every race you want to bet on and review their bloodline and the success of their trainers, or you could even integrate some form of betting strategy into your technique. Here, we’re taking a closer look at the latter, in particular the Martingale betting system and how you can integrate this into your horse racing betting strategy.
What Is The Martingale System?
The Martingale system is one of the world’s most popular betting systems due to its relatively straight-forward approach. Unlike other betting systems, those who use it do not have to remember complex algorithms, any series of numbers or have to quickly calculate a number of equations in order to be successful. The Martingale system provides great odds for those who happen to hit a win after a losing streak and its popularity has helped it to become a popular option for sports bettors across the world.
How Does The Martingale System Work?
The Martingale betting system is commonly used on a roulette table and offers excellent chances; there is a 50/50 chance of winning when the player is betting on red or black (or evens/odds). However, this betting strategy has gradually been incorporated into the world of horse racing due to these higher levels of success. The strategy is utilised slightly differently compared to when the strategy is used on a roulette table, however, as the risks are higher. Horse racing does not offer a 50/50 split and so the rewards are often much greater. In roulette, your payout will be 1:1, so you will win the amount that you have bet, but on a horse race, your odds are whatever the bookmakers have put in place. These can be excellent odds which could see you win a significant amount of money if an outsider was to win or very minimal odds if you’re backing the favourite.
The way it works is simple. For every bet that you lose, you double the stake on the next bet. If you win, then you will start from the minimum bet that you are placing, and the betting cycle will start again. While the system is a relatively high risk one, the chances of gaining significant profits with this method are high. Here’s a quick example of how this system applies to the world of horse racing, when starting with a balance of £100:
Horse |
Stake |
Place |
Balance |
Horse #1 |
£1 |
4th |
£99.00 |
Horse #2 |
£2 |
3rd |
£97.00 |
Horse #3 |
£4 |
2nd |
£93.00 |
Horse #4 |
£8 |
WIN @ 2/1 |
£117.00 |
Horse #5 |
£1 |
2nd |
£116.00 |
Horse #6 |
£2 |
WIN @ 5/2 |
£123.00 |
Horse #7 |
£1 |
Fell |
£122.00 |
Horse #8 |
£2 |
UR |
£120.00 |
Pros Of Martingale System
There are a number of pros when it comes to betting using the Martingale system. It is widely believed that one of the biggest pros to the Martingale betting system is that even if you hit a losing streak, you’re likely to win back any amount that you have lost while also gaining back some profit. It is also believed to be one of the most successful betting systems around, due to its negative strategy. Further to this, if you are only looking to bet on the horses for a short amount of time, then it is believed that this strategy is the most successful when it comes to short-term wagering. Whether you’re an experienced horse race bettor or a beginner, you are able to apply this strategy and are likely to be successful.
Cons Of Martingale System
While there are a number of pros to this strategy, like all other betting strategies you are likely to find a number of cons too. With this betting strategy, your bankroll is likely to deplete at a much faster rate than what it would if you were to bet without any kind of positive or negative betting strategy. The Martingale strategy is great, but only if you hit a win after a long losing streak, as you are likely to gain back a large proportion of your bets with this system.
However, if your bankroll is budgeted, then you may find that the Martingale system will do nothing but deplete your bankroll until you have nothing left, particularly if you hit a serious losing streak. There is this risk for any kind of betting strategy, but due to the fact you are constantly increasing your bets every time you lose, this risk is even greater. Further to this, the Martingale system is designed for short-term use only, and your odds are unlikely to improve the longer you use the system.
As you can see, the Martingale system is an interesting technique to use when it comes to placing your bets on the horses. This particular betting system is a popular technique for sports betting and casino betting around the world, and it could be time for you to give it a try.
