Anti-Martingale Shrinks Bets After Losses Instead of Increasing Them
Published on March 29th, 2024 3:47 pm ESTThe Martingale Strategy is fairly straightforward.
After every losing bet on a coin flip scenario, you double your next bet until you win.
The biggest problem with the Martingale Strategy is that eventually you are going to go on a long enough losing streak where you bust your bankroll. It's inevitable and will happen eventually.
The anti-Martingale Strategy looks to change that.
With the anti-Martingale, you are doing the reverse of the Martingale strategy - you are lowering your bets when you lose, and increasing your bets when you win.
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So, let's say that you have a bankroll of $1,000 and are starting with a $100 bet, on even-money outcomes.
Let's say that you lose your first bet of $100, leaving you with $900.
So, with the anti-Martingale, you would lower your bet size to $50.
Let's say that you win this $50 bet, which puts your bankroll at $950.
With the anti-Martingale, you increase the next bet back up to $100.
Let's say that you win this bet, and your bankroll is now $1,050.
With the anti-Martingale, you increase your next wager to $200.
If you win yet again, your bankroll would be $1,250, and your next wager would be $400.
This is the anti-Martingale, and you could continue this until the size of your bet takes up nearly all of your bankroll. At this point, you could stop and start from the beginning.
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The issue with the anti-Martingale is that your bets would become so large that a single loss could nearly wipe out your bankroll.
This is the anti-Martingale strategy.