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The Martingale System is probably the most commonly used betting system today.
It involves doubling the bet after each loss, to cover losses, and win the original stake. the Martingale System sounds perfect to newcomers - it's impossible to lose, because losses are always being covered, right - and many people swear by it.
It also has the lure that it usually appears to be working very well at first. However, Casinos have "table-limits" in place to stop the player doubling-up so many times. On a roulette table, this may range from a lower of $5 to a maximum of $500. This means that a bet can only be doubled seven times ($5 x 2 x 2 x 2 x 2 x 2 x 2 x 2) times. You also need a big enough bank-roll to be able to cover such long periods of losses. And when you lose, you lose big time, and are putting down a huge stake just to make the original winnings ($5!).
There is a variation of the Martingale System, often called the "Martingale II"; this only involves attempting to cover losses after an initial loss, so the bet is only doubled after one less. For example, $5 + $5 x 2 x 2 etc... This reduces the size of the bankroll needed, but also reduces potential winnings.
In summary: The Martingale is a luring system, the odds of a sustained string of bets going against you and you running out of bankroll or hitting the table limit, is rare... However, when it happens it is extremely expensive and on average, will wipe out all your previous losses - and then some.
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Related Articles:
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- Pivot Roulette System
- The Parlay Roulette System
- The d'Alembert Roulette System
- Fibonacci Roulette System
- Roulette Rules
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| 7/1/2008 12:04:31 PM |
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