The Martingale System Debunked
The Martingale has been around since the 18th century and was immensely popular at the time in the casinos of France. The Martingale system is a method of betting that can be applied to any event or game that offers even money outcomes. In theory it is the perfect gambling method that will allow you to steadily make a profit and steady, regular increments. However the reality of the Martingale system is that casinos became aware of it a long time ago and put things in place to ensure that you will only ever win in the short term and when you lose you will lose big, due to the exponential level of betting. To be 100% successful in the martingale system you need two things, an endless amount of time and an infinite level of maoney – neither can be had by the regular gambler visiting a casino. For more explanations of systems applied in roulette look here roulette strategy
For this article I will use the example of the game of roulette, with the even money bets being those of betting on red or black.
First you chose your colour (however this really matters little). You then stake the smallest amount you can on that colour, this is usually a chip of 1 unit. If you win then you will be paid out at 2:1 and would have doubled your money – made a profit of 1 unit. If you lose then you take 2 units and place them on your chosen colour. If you win then, by doubling your original stake, you would have recovered what you have lost AND made a profit of 1 unit. If you lose then you double your stake again, this time to four units, and again bet on your chosen colour. The system, as you can see is very easy – If you lose double your bet and bet again, if you win and you make a profit of one unit then return to betting the smallest amount that you can again. Each time you run through this process you will make a profit of one unit. This doesn’t sound like much but you can carry out this system many times in a short space of time and turn a good profit in less than 30 minutes.
So why doesn’t it work? There is one main reason why this system is not advisable and can mean big loses and that is ‘table limits’. When playing roulette at any casino there will be a table minimum bet and a table maximum bet. With the exponential nature of this system you will reach the maximum table limits in a reasonably short space of time and thus will be prevented from continuing to double your bet. For example if the table minimum is $1 and the table maximum is $200 then you betting might look like this
$1 lose
$2 lose
$4 lose
$8 lose
$16 lose
$32 lose
$64 lose
$128 lose
You only need to lose 7 times in a row (something that can and does happen) and you will be making your final bet of $124 for a measly profit of $1! If this comes out at a loss then you are prevented, by the maximum table limit from doubling your bet and recouping what you have lost.
In short the Martingale system does not work. You might well be able to turn a small profit in the short term but in the long term the casino will always come out on top and will always take your money. For alternatives to the Martingale system look here online roulette strategy
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