Martingale Roulette System - How It Works
The History of the Martingale System
In the 18th century, a man named John Henry Mardindale (not a typo there) owned one casino in London. He thought that the casino didn't make enough money, so he invented a system, which was later named The Martingale. This system is based on doubling the bets after a player loses.
What John Martindale did not expect was the amount of money players were willing to bring to his casino. In fact, the players were so wealthy that after a while, Martindale had to declare bankruptcy and close the casino down.
What remained was the name of the system, which is now the most famous betting system in the world.
How the Martingale System Works
The Martingale system is in fact very simple to incorporate and is most widely used in Roulette. A player needs to find a bet, which will double his wager should he wins. These rots of bets are found in Roulette (red/black, even/odd, 1-18/19-36).
A player chooses his base wager and for the simplicity of this example, we will start with £1. If a player loses his bet, his next wager will be doubled. If a player wins, he starts with his base wager being £1 (or one base wager respectively) in profit.
Say a player keeps losing, so his betting streak will be: £1, £2, £4, £8, £16, £32, £64... Every bet is just a double of his previous bet. Now say that player loses 5 times in a row and then wins. His investment was 1+2+4+8+16+32 = £63, but in the 6th round, he won £64 (the bet was £32 and he doubled it). He is now £1 in profit and he can start the round all over.
As you can see, the player doesn't even have to win as often as he loses. Only one hit will turn the losing streak into a profitable one.
Can The Martingale System Beat The Casino?
Well, it does and it does not. Every single system has some flaws that make the systems not profitable in the long run. The Martingale System has 2 of those flaws:
- Player's bankroll: The Martingale system is very aggressive towards a player's bankroll. The doubling of wagers makes the bets very expensive very fast and a player might not be willing to spend that much money. And even if he was, there is a second limit
- Roulette limit: Even if a player has unlimited funds to his disposal, he will eventually hit the betting limit of a roulette table. A long losing streak, which is going to happen sooner or later, will make it impossible to double the next wager, rendering the system useless.
Now if the player had unlimited funds to his disposal and there were not betting limits, the Martingale System would work, but since no one possesses unlimited funds and there are always house limits, the Martingale system cannot be used to beat any land-based or online casino in the long run.
The Martingale system can however be used and a very handy tool to complete wagering rewuirements of cash bonus. You won't be playing for your money and the system can go a long way before there is such a losing streak that would make it impossible to double the next bet.
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