Martingale Betting System

The Martingale Betting System is a strategy where, after each loss, you double your previous bet to recover all past losses plus a profit equal to the original bet when you eventually win. It relies on the idea that wins will occur eventually, covering previous losses. However, it assumes unlimited funds and no betting limits, which is unrealistic, and can lead to significant losses if a losing streak persists. While it might seem like a safe way to guarantee profit, in practice, it carries high risk due to potential rapid depletion of your bankroll.