Martingale System

The Martingale System is a betting strategy, commonly used in gambling, where a player doubles their bet after each loss. The idea is that when they eventually win, they will recover all previous losses plus a profit equal to the initial bet. For example, if you bet $1 and lose, you bet $2 next. If you lose again, you bet $4, and so on. The assumption is that you will eventually win and recoup your entire investment. However, this approach can be risky, as it requires a significant bankroll and does not guarantee success, especially if a losing streak occurs.