Martingale Betting System - Are You SURE?

Very common and popular system among newbies who like roulette, but not a very useful one. Sure, it seems simple and logical - you start with, let's say, 10 bucks and you double it every time you lose in order to win it back.

Let's look how the bets increase with every loss - 1) $10, 2) $20, 3) $40, 4) $80... 9) $2960! Okay, it's very rare to lose 9 times in a row when playing roulette and betting on red/black, but let's face the facts and more important - the ODDS. The chance of losing 9 times a row is somewhere near 1/500, meaning that chance of losing 3 grands in order to win back your $10 is around 1 in 500...

You may get lucky, of course, and probably you will first few times, but in the long run you lose and when you lose, you lose really big. Hey, I've seen roulette ball landing on black 13 (thirteen!) times in a row and I have heard stories of people getting 17 reds in a row. Now, if you take this initial $10 bucks and calculate, you can see that if you keep using Martingale and if you wait long enough, you will lose hundreds of thousands. For example, if you start with $5 and lose 17 times in a row, your last bet will be $327,680. Now - how sick is that?!?!

"If I had the money and the drinking capacity, I'd probably live at a roulette table and let my life go to hell," said Michael Ventura once. I think he forgot to mention "Martingale Betting System".

Some people use Anti-Martingale System, where you have to predict a win (6 blacks in a row, for example) and where you have to double every time you have won. If you've won three times in a row, start all over again. If you lose, start over with minimum bet (do not increase!).

GamblingRalf recommends Anti-Martingale System (if any system at all, and IF roulette at all...), because it's not as nerve-wrecking as the others - you don't have to place cosmic bets to win back your pocket change.

Ralf Vinogradov is a part-time journalist in a newspaper and an editor and webmaster of gambling related website GamblingRalf.com, that introduces wackiest online casino bonuses. He also runs infamous newsletter called "Club Hundredaire".

More Resources

Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting

More Casino/Gambling Information:

Related Articles

No Deposit Online Casino Bonus is for Lucky and Wise Only - The Myth of Free Money
No deposit bonuses are very popular, especially among "not-so-wealthy" online casino players who want to play but are not so eager to give out money.Although giving away free money doesn't seem to be a very wise thing to do (average no deposit bonus is around $10), thousands of online casinos are doing it and most of them are very happy about it too.
Pyramid Solitaire: A Strategy Guide For Beginners
Pyramid Solitaire is a fun solitaire game, with a very distinctive opening tableau in the shape of a pyramid. There is a large element of luck involved, but there are certain strategies that can be used to dramatically increase your chances of winning.
The History of Poker Chips
Gaming chips have been made from a wide range of materials in an almost infinite variety of styles since the birth of gambling and the need to keep track of winnings. The most common material types used today in the manufacture of modern poker chips are plastic, clay composite, and acrylic composite.
Craps 101: What You Need to Know About
Alternatively called as Hazard, Craps has been here since centuries. Now the game has been brought to the visitor's PC.
Online Gambling For Newbies
Often incorporating creative and realistic graphics along with high tech software, online casinos offer a wide variety of game themes with Slot Machines, Roulettes, Craps, Specialty games, Black Jack and Poker rooms. Anyone new to online gaming will want to do a bit of reading up on whats popular and who is reputable before they reach for their credit card.
A Receipe to Success
FreeAdGuru Steven says it is all about pre selling. Do not sell the product Do the preselling.
Playing Ace-King in Texas Holdem
Everyone who plays Texas Holdem knows that Ace-King is one of the very best starting hands. But, it is just that, a starting hand.
Roulette - An Easy Method
Here is a very simple method that gives you the chance to win big if your numbers come up.Although you cannot change the odds against you in roulette, there is one way of betting that we recommend to make the game a bit more exciting and perhaps increase your chances if your lucky.
After the Flop
After the flop, your hand is pretty much defined. Before the flop, you have seen only 2 cards out of the total 7 cards that will eventually be in play.
Why Use an Internet Sports Book to Make Wagers?
Although I started using online sportsbooks almost ten years ago, I still maintained contact with a couple of local books for the express purpose of getting better lines with regard to the local or favorite teams of choice in my neck of the woods, the reasoning of course was so that if I saw "Value" in going against the the local or favorite teams of choice then what better place to get the best line when going against them then in their home area?However, a not so funny thing happened when one of the locals that I was using got crushed one week three years ago and skipped town and in doing so stiffed me for $1200, since that point in time I have wagered strictly online!I have always held the believe that if you want the beat deal available then it would be foolhardy to purchase the first car that you see at the first dealership that you visit, that very same line of logical thinking should be applied to "Sports investment" and of course is the very reason why I personally use four different "outs" as a means of gaining as much of an edge as possible with regard to finding the best line on games that I am wagering on, sometimes a half of a point here or a half of a point there can make all the difference in a winning week versus a break even or losing week.It never ceases to amaze me for example how some people will be totally misers with regard to insisting that any light on in a room with no one in it is a capital crime, these same individuals always seem to be the ones not willing to take the wife and kids to a movie or out to a restaurant for lunch or dinner because they may have to fork over a few dollars on something they consider unwarranted and wasteful.
Video Poker
Video poker is usually played against a machine, which displays the player's cards on a screen. Combining elements of poker and slots, this form poker is one of the few games in the casino where you can actually have a realistic expectation of winning, as opposed to depending on the pure luck of slot machine games or roulette.
Roulette System: 4 Most Important Factors To Beat Roulette at Online/Offline Casino
In this article, you are going to learn aboutthe most important factors to beat the roulette and the entire casino including most of its games.Very few people get rich gambling but you can win and I will show you how!For over 60 years, casino style gambling has been legal in the state of Nevada, USA.
Types of Online Roulette
Roulette - American and EuropeanAs many casino-savvy players already know, there are two main forms of online roulette. I plan on covering some of the differences between the two versions of this popular casino game and in doing so, helping you, the player, decide which game suits you best.
The Adventure for Poker Gold
From the drama TILT made by ESPN to the deal Chris Moneymaker signed with Death Row Records to create Moneymaker Gaming, business continues to create strange bedfellows. Everyone seems to be trying to find the pot of gold at the end of the poker rainbow.
Roulette System: Illegal Tactics Casino Use Against You
Roulette System: "The Almost Illegal Tactic Casinos Use Against You So They Win"This article is going to show you an evil tactic the casino and Las Vegas employsso you lose more and win less. Let's face it,you go to have some fun and win money.
Video Poker - Should You Play Maximim Coins?
The arguments are almost endless about whether or not to play the maximum number of coins on each hand in video poker. We'll attempt to make some sense of it for you.
Poker Tournament - Blind Stealing Strategy
Poker tournaments are often not epic confrontations between two premium hands in the later rounds when it all is decided. They are generally 60/40 or closer confrontations, which ultimately decide the outcome.
Are You Addicted To Gambling?
Most people know the answer to this question. You don't have to think twice.
Poker Table Position
Poker seating and the position one has at the table is one of the most important and least talked about aspects of poker. It's especially relative to the Texas Hold'Em poker game because it is positional in nature.
World Series of Poker Tournament Circuit
On October 25, 2004 Harrah's announced the creation of the World Series of Poker Tournament Circuit that marked the beginning of the 36th annual World Series of Poker season. And with it began their efforts to evolve the World Series of Poker from a month long frenzied rush into a year long sport.