article_snippet.sent: Punting analyst Mike Steward has outlined an approach, known in gambling parlance as the Martingale Betting Strategy.
article_snippet.sent: the Martingale Betting Strategy of doubling up originated in France and is used with levels of success by punters on ANZAC Day throughout Australia .
article_snippet.sent: One of the most easy to understand betting staking strategies that punters use is what I call the approach, otherwise known as the Martingale Betting Strategy,' writes Mr Steward, author of 'Betting Strategy
article_snippet.sent: It's a system of betting which originated in France. '
article_snippet.sent: If I continued to experience successive losses I double the stake of the previous wager until a win occurs.' 'The Martingale staking approach is alluring to punters because of The Martingale staking approach seemingly guaranteed approach to make a buck,' he stated. '
article_snippet.sent: I spoke with an ex on-line betting executive recently and asked if the Martingale betting approach was common amongst punters and an ex on-line betting executive indicated that it was noted frequently. '