What is the “Martingale Strategy“?

In order to explain the concept briefly for our purposes, the "Martingale" strategy refers to the betting strategy where the bettor doubles their stake for each subsequent bet with every bet they lose. This method requires each individual bet to have the odds of at least 2 (+100), so that they win double the amount of the stake. Hence, with a singular win by following this method, the bettor recoups their entire stake, and profits an amount which is equal their initial stake along with it.

Here's a small diagram to help you understand the martingale strategy very easily:

Unfortunately, like any other gambling strategy, this method is not foolproof. The only catch to this “guaranteed“ method is that in order to truly guarantee yourself a win with absolute certainty, you require a bank balance of about infinite USD. However, lucky for you, this matter should not be of your concern- that's where we come to your rescue.