This content details a modified Martingale betting strategy applied to sports betting, specifically two-leg parlays with 2:1 odds, which the author and friends have used to generate significant profits over 10 months.
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I'm going to share how my friends and I
made 15 grand in the last 10 months from
sports betting we've adopted the
Martingale strategy which is essentially
the method of doubling your bet after
every loss there are three main
components for this strategy to work the
first is establishing your lost bet run
rate your lost bet run rate can be
thought of as the amount of consecutive
losses you can sustain before wiping out
your entire bankroll second you need to
determine how much money you want to
profit after each bet you win this
number should essentially stay constant
after any bet you win regardless of the
Lost Street you're on as long as you're
within your lost bet run rate and
finally the most important is funding
your bankroll once you've established
your lost bet run rate and the amount of
money you want to profit after each bet
you'll know exactly exactly how much you
need to fund your bankroll in order to
sustain this strategy I'm going to show
you the model that I've put together and
that's been working for us and I think
it's a way better visual to understand
how this works okay so what we're
looking at here is the model that my
friends and I put together the only
difference between each table is the
table on the right illustrates what a
lost bet run rate of 15 bets looks like
compared to just 10. you can see how the
bankroll is severely impacted in order
to sustain those additional five lost bets
bets
the second call out here is that we are
not doubling our bet after every loss as
the Martingale strategy traditionally
calls for instead we are only increasing
our bet by 50 after every loss we can
get away with this because we are only
placing bets that have a two to one odds
payout ratio so a 50 bet will win 100 a
75 bet will win 150 essentially every
bet we make will pay out double the
amount we bet
so my friends and I decided that we
wanted to have a lost bet run rate of
10. the hypothesis being we believed
that we could hit one in every 10 bets
that we made next we decided that our
unit size should be 100 meaning after
every bet we win we are going to profit
100 after establishing our lost bet run
rate of 10 and a unit size of 100 we
knew that we needed to fund our bankroll
of fifty six hundred dollars so walking
through how the betting strategy works
to make a hundred dollars on your first
bet having two to one odds we knew our
first bet would just need to be fifty
dollars if we lost that bet or any other
bet we just increased by 50 each time
now if we lose 10 bets in a row we wipe
out our entire bankroll we're out of
money we either have to refund the
account or never sports that again if we
win a bet whether it's our first BET our
fifth bet or our 10th bet we are always
only profiting a hundred dollars and
then after each bet we always just
restart the process starting over our
lost bet run run rate of 10. we've been
doing this for the last 10 months uh and
we've been we started to track our
progress in March once we crossed over
the ten thousand dollar threshold you'll
notice that the only best that we're
placing are two leg parlays so we are
placing multiple bets every single day
two leg parlays that have two to one uh
two to one odds payout ratio and
we've been charting our success over the
last 10 months and you can see right now
we are at 22 23 000 and our goal is to
turn our initial bankroll of 5600 into
30 grand to pay for an all-inclusive
golf trip we're 67 of the way there and
with college football and the NFL season
back we think we can hit our goal in the
next two months
I've shared the link to our Google sheet
so if you and your friends want to
download or make a copy to come up with
your own lost bet run rate uh unit size
and bankroll amount feel free to do so
and if you do leave a comment of what
you come up with so we can follow along
and if you want to track our progress
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