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Martingale: the most popular way to rip you off
Martingale is the most popular strategy many "experts" recommend on the web. The idea is pretty simple: double your stake if you lose until you return your money and win. They say its almost impossible that you can lose many times in a row.
The best example is roulette. You bet on the same color all the time. The probability to win is close to 1/2. You start with $1.00 stake, you want to get back $2.00 (you want to win $1.00). If lost then next time your should stake $2.00, if you lost again then $4.00, then $8.00 etc. The probability to lose eight times in a row is 1/256. Its not big number it may appear. When you played 200 times (15-20 min to play) its mostly like you will face this the very bad luck. So you started with $1.00 and now eight times in a row you are getting "wrong" color. To return your $1.00 now you have to stake $256.00! The goal was to win $1.00 but then you increased your stake $1 + $2 + $4 + $8 + $16 + $32 + $64 + $128 = so now you lost $255.00. To win ONE dollar now you have to stake $256.00.
Do you have enough money? Are you sure you want to stake $256.00? Because your chances are still the same - 1/2. If you are not lucky then next step is $512.00.
Betting "experts" tries to explain this with something like "you cannot lose all the time" - right, but can until run out of money.
"You just need to know right time to stop" - you do not know when the "right" time is, there is nothing under your control. The conditions are always the same, your chance are the same. Also you can lose from the very beginning. "You need to play with big bank" - to lose it. Also remember that every casino has restriction on max stake amount value.
The probability to win is always 1/2, increasing stake you just increase the risk, not chances. We strongly do not recommend to use this Martingale tactic. To see how it does not work just try roulette simulator before playing for real money.
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Signup Bonus Rules and Conditions
If you are new to betting then you deserve a good bonus. Usually bonus means money added to your player account as a gift. But you need to read bonus rules first carefully to avoid any surprises. For example to get William Hill 20€ Risk Free Bet you should place first bet 10€ with total odd 1.50 or greater. The goal of betting company is make you play regularly so bonus/offer can also require you to place some number of bets before withdrawal. Also double check if bonus is available for your country.
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