How To Use The Double Up Stategy
Persevere with doubling your stake (sometimes referred to as the martingale system) on odds around evens and eventually, mathematically, you can come out winning. However, this is not a guaranteed method for winning and you should read and consider the risks below.
Double Up Example 1
Man Utd are playing away at Southampton and are 1/1 (2.00) to win the game. You place £1 on Man Utd to win, and they lose....
Double Up Example 2
Next week you put £2 on another 1/1 outcome - Leeds vs Man Utd. Oh no!, Man Utd lose again, you're now £3 down....
Double Up Example 3
Next week put £4 on another 1/1 outcome - Arsenal to win at Charlton. They win! and you profit £4, wiping out your current £3 loss, and giving you 14% profit (£7 staked, £8 won).
Mathematically, and hypothetically, by doubling your stake in the example above then you can eventually turn a profit. If you win on your first week you've a profit of 100%, second week 25%, third week 14% etc.
The Risks - if you go on a losing streak your stake can keep doubling and before you know it you could be sweating it out!, and the percentage winnings get lower. Plus, you need a big enough balance to afford to keep doubling your stake.
Probability wise, betting on an outcome priced at evens (1/1) should carry a probability of around 50%. However, probability does not guarantee something is definitely going to happen. You could quite easily bet on an outcome priced at this level and lost 10 times in a row.
If you hold your nerve and make sure you can afford to keep doubling up then theoretically you would be very unlucky if at this sort of probability you did not eventually turn in a winner.
Take a look through our example. Of course £1 profit doesn't seem like a lot, but multiply up the stakes to what you can afford and you'll be making money. Consider the percentage returns, not the absolute amounts.
Double Up Stategy Example
