Does the Martingale System work?
One of the most common strategies used by players on casino games, the Martingale System has been around for more than a century.
Originating in 18th century France, the Martingale System is one of the simplest of strategies designed for a punter to be in profit by winning with just one of his bets.
The system is simply a case of the punter doubling his bet every time he loses until he wins one hand or spin. It is played across games where there is a 50/50 chance of winning and where your odds are evens.
Once the punter wins, he will cover all his previous losses because he has doubled his bet each time. Of course, it requires patience, nerves and sometimes, a high bankroll.
This can be practiced online at a reputable casino that offers a free version of the game, such as: https://casino.betfair.com/c/roulette
The Martingale System can be applied to all casino games but is particularly popular on the roulette wheel where there are several bets of near 50/50 chance with even payouts. Of course, the zero number (and the double zero in the American version) means that you have a slightly less than 50% chance of winning on each spin.
Using this system means you’re essentially betting on a flip of a coin. In roulette there are 18 odd numbers and 18 even numbers that you can bet on, or 18 red pockets and 18 black pockets to choose.Either the colour wins or loses, or the odd/even bet falls your way or it doesn’t. Each time you lose you double your stage until you win. In theory you can lose eight consecutive times, win the next spin and come away in profit.
To do that though requires a big bankroll. For example, if you started with a £10 bet on your first spin, your ninth stake would be with a £2,560 stake.The advantage of roulette is that the aforementioned odd/even or colour bets are close to a 50/50 chance of winning with an even payout.The Martingale System also comes with a couple of disadvantages. One of them being the gambler’s fallacy. Just because black has landed 10 times in a row doesn’t mean that red is any more or less likely to occur on the next spin.
Another disadvantage would be the maximum bet, or simply running out of money. As previously mentioned, eight losses would require betting £2,560 on your next hand – would you still have this cash on you after losing £2,550? At which point you’re staking that amount to put you into a profit of £10. And does the casino accept this stake on a single bet?Does the Martingale System guarantee profit? Definitely not. In fact, you could end up losing a significant amount when you were only looking to win the amount of your first bet in the process (in our example, £10).It works in theory, but only if you have the ability to continue doubling your bet time and time again. And if you have the guts to do so…