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The Martingale system is one of the most talked-about betting strategies because it feels intuitive: if you double your bet after every loss, a single win can recover previous losses and add a small profit. That simplicity is exactly why it remains popular in casinos, sports staking discussions, and trading-style “position sizing” conversations.But does it actually work?It can work for a narrow objective under specific conditions: producing small, frequent wins when losing streaks stay short and [...]