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Is doubling up a bet after a loss a good strategy to win?

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Ah, the infamous Martingale system, perhaps the most well-known betting system in gambling history. In theory, doubling up can help you recoup your losses, but if you have a streak of bad luck, you could lose everything quickly.

Basically, the Martingale system will give your increased winnings in the short-term. However, in the long-term, you’d still lose, and that is just one of the reasons why experienced gamblers don’t use it.