The Martingale strategy is a popular betting system used in various casino games, including baccarat. It is a progressive betting system where the player doubles their bet after each loss, with the aim of recovering all previous losses and gaining a profit equal to the original bet when a win eventually occurs. Here's how it works in the context of baccarat:
Initial Bet: Start with an initial bet amount, say 1k.
Doubling After Losses: If you lose the first bet, double your next bet to 2k. If you lose again, double the bet to 4k, and continue this process until you win.
Reset After Win: Once you win, the system instructs you to return to the original bet amount of 1k.
Goal: The goal is that the first win will cover all previous losses and provide a profit equal to the initial bet.