Lesson 19 – What is The Martingale Betting System?

The Martingale System is when a bettor keeps betting on the same team and outcome until it becomes a winner. For instance, you bet on the same NFL team every week on the spread until they cover. The advantage of this strategy is that eventually you will be a winner and make a profit – unless of course a team never covers a spread. However, the main disadvantage of this strategy is the large bankroll it requires if the team you pick goes on a long losing streak.