Yes, the Martingale strategy is legal on betting sites. This strategy, which originated in 18th-century France and is commonly used in games of chance that offer a 50/50 bet, involves doubling your bet after each loss so that the first win would recover all previous losses plus win a profit equal to the original stake. The Martingale is a negative progression system used to determine the size of your bets. It can be applied to any game in which the chances of success are roughly to 1 in 2, such as red/black on a roulette wheel, a blackjack hand, the dealer bet on a baccarat table and certain craps bets. This paper derives important formulas for the martingale strategy, such as the distribution, the expected value, the standard deviation of the profit, the risk .
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Is the martingale strategy legal on betting sites? - Quora
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Martingale Roulette Strategy - Does This System Work?
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Martingale - Can the Most Popular Roulette Strategy Make
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