A Martingale betting system – updated version

About a week ago, I wrote a few lines about the new betting system I use. It’s about my belief that the bookies will do everything possible to avoid a long series of cases in which the same odds come out as winners again and again.
For example when we have two possible outcomes, one with odds of 1.8 and one with 2. My belief is that a series of 8-9 consecutive times with the winner is only one of them is highly unlikely.

How do I use this pattern? In fact, in the most adventurous way – with Martingale. Just one sentence clarifying what Martingale betting system is. This is a betting system which involves progressive increasing of the stakes with each loss. A note here, according to almost everyone who are familiar with betting, when using Martingale it is inevitable to reach a point when you will lose your bank.

Of course, the chances they are right are huge, but here’s what I do.

First, I use a bank which will be zero after three series of unsuccessful Martingale. Of course, this huge bank reduces the idea for quick profit to minimum, but I count on the more profitable series than to a quick profit.

The second thing I do is to set the limit at which to start betting. This point is very important as the lower limit for the start will be too risky. If you do that you are likely to encounter a long series and thus lose your money.

A higher limit will in turn lead to less stakes and hence a very small profit opportunities. However, if you hesitate between the two, my advice will be that the higher limit is better.

My limit is 4.5 or in other words, I start betting when the total profits from a series are up to 4.5. This effectively means four consecutive profitable outcomes at odds of 1.9 or five in a row at 1.8 and so on.

For all possible odds I’ve calculated my limit and the only thing I need to do from now on is to follow the matches. When I see a series that passes the required number of consecutive outcomes I start betting against it.

So far, this method has been successful, but with Martingale you never know. So, crossing fingers!

Here is another interesting video which shows something similar: