NFL Martingale Betting System
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Origins
The mathematical origins of the system lie in the optional stopping theorem. It states that, under specific conditions, the expected value of a martingale at a stopping time matches its initially expected value. Basically, this means that, in the long run, the system cannot bear fruit, but in certain specific cases it can be quite useful.
When to Use the Martingale System
So how does this apply to NFL betting? The reason the system is so popular with roulette bettors is its potential profit on even-money bets. If you choose your wagers carefully and place only even-money bets on the NFL, you can use the same approach. The idea behind it revolves around the so-called gambler’s fallacy. It is essentially the assumption that something is more likely to occur when it has not occurred in a while. This can mean that if a team has not won recently, it is bound to win sometime soon; similarly, if you have not won in a while, you are bound to win shortly.
How to Use the Martingale Betting System
You start with a single unit, and if you keep winning, you continue wagering one unit. When you lose, you double your bet. If the losses continue, you keep doubling. Once you finally win, you will recoup your previous losses and earn a small profit. Then you return to wagering a single unit. This way, losing streaks are offset, and winning rounds still generate a profit.
So, how does this mesh with NFL betting? You simply apply the fundamentals of the system. Some bettors use it several times a day, but for NFL wagering you need a schedule that allows enough time for games to finish and results to be posted before your next stake is due. Therefore, if you lose the first bet, you will double the second, and so on. However, you cannot bet on just any game.
How to Pick the Right Bet
To use this system successfully, you must carefully select wagers with odds that balance each other and leave you with an even-money proposition. On their own, NFL bets do not usually come with even odds, but when you combine them the right way, they can get as close as possible, considering the realities of the gambling industry.
Pros and Cons
However, the system hinges on the assumption that no losing streak will outlast your bankroll, an assumption that is ultimately flawed. These streaks do occur, and they are merciless. That is why it is important to know when to stop, and for that, you need serious self-control. The clear downside is that this system is not profitable in the long run. If you lack self-control, you can wipe out your bankroll in a single betting session.
Reverse Martingale
Conclusion
So, despite its flaws, in the short term, the Martingale can be very useful and lucrative. It is a little harder to apply to NFL betting, but we have shown that there is a way. The fact that NFL games take time, and therefore every bet takes time as well, is actually good for this strategy because you cannot get caught up in the moment. It is much easier to remain in control of your bankroll and the size of your bets. Even so, remember to bet responsibly!