Another lost Martingale betting system

Lately I have been exploring different possibilities for long series and the eventual betting options with Martingale. All who are familiar with betting know the basis of Martingale betting system is to progressively increase the bet amount with each loss.

Thus guaranteeing profits every time when the player makes a winning bet, no matter how many unsuccessful bets have been made before. The danger in this system comes from the moment when the player accumulates lots of consecutive incorrect predictions, leading to very large bets and hence the loss of the entire bank.

The first check I did was for matches from NBA and the bets on under and over total points scored by both teams. My idea was about the possibility to start betting with Martingale when a team is in a series of five or even six consecutive matches ended either under or over? I asked myself this question a few months ago and started to follow the results from the league of the best basketball players in the world.

The limit from which I decided to start betting was five consecutive overs or unders. When I had such series I started to bet against it.

To my regret several times during the season, one team reached a series of ten or even more consecutive unders or overs and thus the loss of the entire bank, using Martingale is practically inevitable.

Even more, when a team went in such a series of five consecutive meetings it is much more likely in the next games to finish the same way. Unfortunately, the percentages for this are about 52, which makes it impossible to bet on singles.

Furthermore, exactly twice during the season the mirror case of my initial idea happened, which prevents this option to be used for Martingale betting. In both cases, the team which had a series of five consecutive matches with more points than the offered by the bookmaker, had another series of five meetings with fewer points than the line offered by the bookmaker.

So, unfortunately, I can say that at least this version of Martingale really leads to a complete loss of the bank and it won’t be wise to be used.