If you are keen to avoid losses and pick up some decent winnings in your CSGO betting, then you will need to think carefully about how you manage your money. There are many weird and wonderful betting budget management systems out there, but we’d recommend starting with the Martingale strategy.
This is because the Martingale strategy is easy to understand, simple to implement, and it’s a great way to cover any losses. So read our guide to the Martingale system so that you can make a nice profit when betting on Counter Strike Global Offensive.
Table of Contents:
- What is the Martingale strategy?
- Origins of the Martingale system
- Example of the Martingale betting system for CSGO
- Why you need to use the Martingale system
- Limitations of the Martingale system
- Other betting systems to be aware of
What is the Martingale strategy?
The Martingale system can be simply explained as a process where you double the stakes of your next bet if your bet loses. If your bet wins, then you start the process all over again.
Whilst it might sound strange to double your stakes if you lose a bet, it means that you stand to make a bigger profit once luck turns your way again. In order to successfully use the Martingale system, you will need to be making bets that have a fair chance of gaining a winning result. So be sure to look for odds of evens (2.0) or less.
Origins of the Martingale system
The reason why you should look for odds that have an equal chance of winning and losing is because the Martingale strategy was thought to be a method that was originally devised for betting on the toss of a coin.
As the probability of successfully predicting the coin toss result is roughly evens, it makes sense to gradually build up your stakes on losing results.
That way you can cover your losses and make a small profit for when you eventually gain a winning result. Whilst the Martingale system was devised for a simple coin toss, it quickly became a popular bankroll management strategy for anything from roulette to card games like baccarat. And so it’s worthwhile to see how you can use this popular betting system for your CSGO betting.
Example of the Martingale betting system for CSGO
Using the Martingale betting system for betting on Counter-Strike Global Offensive couldn’t be easier. Here’s a look at how you could try the betting strategy for your favourite first-person shooter.
Let’s imagine that it’s the start of the Intel Grand Slam tournament, and you have a betting budget of £100. The first bet you make would be £10 on SK Gaming to beat Cloud 9 at 1.90. SK Gaming somehow lose the match, but you go on to double your stakes to bet £20 on Astralis to beat Team North at odds of 1.8. Again you lose your bet, and therefore double your stakes for the next bout.
This sees you wager £40 on FaZe to beat Ninjas in Pyjamas at odds of 2.00. Thankfully, you win this round of betting and manage to claim £40 in winnings. At the end of this round of esports betting, you will have lost £30 but will have walked away with £80 in betting profits – all as a result of successfully using the Martingale system.
Why you need to use the Martingale system
The Martingale system might initially seem like it’s almost too simple. After all, most of us will like to think that we can stay level-headed enough to successfully manage our money without having to rely on strict betting rules. But we all know how easy it can be to let our emotions guide our wagering habits, and so it’s good to have the Martingale strategy to fall back on so that we don’t fall victim to some reckless gambling. Just don’t forget to use a Martingale system calculator to help you keep track of what stake to lay down next.
This is especially so in the often unpredictable world of esports betting where there’s always the likelihood of a major upset that can cause havoc with even the most well-thought out betting strategies. Whilst there’s no excuse for not doing your homework into the best esports teams, it’s always good to use a rigorous betting system like the Martingale strategy that can add a certain amount of reassurance to your CSGO betting.
Limitations of the Martingale system
Of course, like all betting systems, the Martingale strategy is not perfect and should always be used with careful consideration. It’s easy to be blinded by all of the Martingale success stories, but you should think about how it applies to your individual CSGO bets.
The most important thing to remember about the Martingale strategy is that you should only really use it when the odds are at evens or less. If you try and use the Martingale strategy on odds of 2.0 or higher, then you’ll quickly see how your stakes will be getting higher and you will have to be extremely lucky to cover your losses.
It’s also worth remembering that the Martingale strategy isn’t very good if you have a fairly limited betting budget. This is because you stand the chance of losing your entire budget before you manage to gain a winning result.
So be sure to think about how to start wagering with very small stakes if you have a limited budget.
Finally, we should mention that even the most water-tight betting strategy is at the mercy of probability. Although you might bet on the best odds with the most cautious stakes, it doesn’t mean that you will end the day with a profit.
So always bet with money that you don’t mind losing and be sure to keep your CSGO betting fun and responsible.
So if you’re still wondering does the Martingale system work, then remember to use it sparingly and see how it can offer you a good way of managing your money and overcoming any losses so that you can survive for another day’s Counter Strike betting.
Other betting systems to be aware of
Once you’ve mastered the Martingale strategy, then you should check out some of these other wagering systems for your Counter Strike Global Offensive betting.
This strategy works inversely to the Martingale strategy. So instead of doubling your stakes on a loss, you would half your stakes on every win. Like the standard Martingale strategy, this is easy to implement and it has a good chance of covering your losses over some short-term CSGO betting.
This is a progressive staking method that is fairly complicated, but it has helped some betting fans gain some decent profits. The Labouchere system works by attempting to cover any losses with multiple wins, rather than a single win like the Martingale method.
Fibonacci betting system
The Fibonacci system attempts to cover just the previous two losses with a single betting win. By using a naturally occurring series of numbers in the Fibonacci sequence such as 1, 2, 3, 5, 8, 13 and so on, it has helped many roulette fans manage their money and it could be a good option for CSGO wagering too.