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Martingale ( blackjack)
1. One of the oldest betting progressions in existence. It requires a player
to double the size of his bet after a loss and to continue doubling his bets
until a win is achieved, resulting in a profit equal to the size of the original
bet. It is impossible to win in the long run using this system.
2. Often used as a term for any system which requires increasing a bet after
a loss. It is not a winning method of betting in any form..