Thursday, May 20, 2010

Martingale System

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The people who are familiar with the casino game 'roulette' must be familiar with this gambling term named “martingale”. It has often been called a system that can help you in winning in roulette. Now as we know that roulette is a game of luck or atleast a game in which luck plays a huge role, martingale can be strategy that you can apply in order to increase your chances of winning against the house or casino.

What is martingale system?
Martingale is the oldest betting systems that is being used today. In this system standard bet is made, say a person bet $8 on an even-money bet, such as red in roulette. Basically, Martingale system involves doubling of bets after each loss and doing it again and again till you win. Now this may be very difficult for many players as it is simple that when you loose a bet you will not double your bet . This can be because of your tight budget or lack of belief in yourself. You have to keep doubling your bet until you hit big or win. Doubling of the bet is the hardest part of this system, often risky and hence its drawback.

1 hour of play


Chances of Winning

$1 bet, $200 bankroll, $200 table limit

$5 bet, $1000 bankroll, $1000 table limit

Avg. Win

Avg. Loss

Avg. Win

Avg. Loss

Craps, no odds

85%

$13

$91

$69

$454

Roulette, European (0) w/Surrender

85%

$14

$92

$74

$463

Roulette, European (0)

84%

$13

$91

$68

$456

Roulette, American (00)

82%

$13

$92

$66

$461

Baccarat

62%

$55

$104

$281

$518

.

8 hours of play


Chances of Winning

$1 bet, $200 bankroll, $200 table limit

$5 bet, $1000 bankroll, $1000 table limit

Avg. Win

Avg. Loss

Avg. Win

Avg. Loss

Craps, no odds

47%

$118

$121

$590

$605

Roulette, European (0) w/Surrender

45%

$126

$120

$634

$603

Roulette, European (0)

44%

$116

$120

$583

$603

Roulette, American (00)

38%

$113

$120

$568

$601

Baccarat

17%

$420

$109

$2097

$543


An example can help us in understanding what exactly is martingale system. Suppose you gamble with your money, say $8 and win. Now as the next step, you bet same amount which was, $8. This time around, if you loose lose then you need to bet $16, i.e double of the previous bet. Again you lose, so you bet $32. You lose again, so you bet $64. Then you win. At the end your net win is $8, and since you won $8 before you started loosing, you are up with $10. You have to place even money bets if you want to use martingale system. It is most popularly used in roulette in which you bet on a red or black in roulette wheel.

But as they say, gambling is a risk. Only the gamblers that possesses a great deal of wealth or a aggressive attitude can think about using this system. But before using a system, one must know that there is no system that is 100% full proof. Any type of gambling is unpredictable you never know what's going to happen and after all gambling is all about taking risk isn't it. If you are not able to take risk you better not gamble. It's better to know the realities of the game before you step into it.

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