Do betting systems like Martingale actually work?

[uptrendfinancialsignal]

Martingale says: Double your bet whenever you lose, and it will help you recover. That could be a very risky trap because a long streak of losses, say, 5-6, will wipe out one's money completely. So I'm curious, is Martingale strategy sustainable in sport betting?

 

[magnus2022]

Yes! It do work but it depends on approach! I only use 2.0 odd or above odds in martingale strategy. It will likely be profitable if you use a reasonable odd. Martingale is terrible when you use very little odd like 1.20. It will like wipe out your fund if you experience 5 -7 losing streak.