I have heard of it before and understand its a martingale system. People will tell you matingale systems are terrible BUT there is nothing wrong with if you know what your doing ... I can hear the cries of others already.

So without this turning into a soap opera on why/why not to use it I will just answer your question.

Yes you would increase it after every series of 10 losing bets. Its a safety mechanism to stop the bets getting too big.

Personally I shudder at the thought of 20 losing races in a row and would never use a martingale system on anything like that. Actually I no longer use martingale at all, not because it doesn't work but because eventually I just can't get that much money onto bets. Its great if you are betting $1 - $2 bets as the inital stake but is useless when your starting bet is $100+.

I have used martingale betting in the past with success. You need to bet with multiple banks and expect a wipeout 3-4 times a year. The only thing is you need to recover those 4 bank wipeouts in the good times which can be done if you are betting a good system (assuming its near breakeven or in profit on level stakes).


I think martingales are dangerous for 95% of punters ... but then punting is dangerous for 95% of punters too. I think its like trading forex or options without ever having traded stocks (and being profitable).

Damn I turned this post into my own soap opera.