Martingale Roulette Betting System

Paul Pierre Lvy is the author of the Martingale probability theory The Martingale betting systems, also known as doubling-up or progression systems, are the most popular with casino players.

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The basic principle of this system was invented about 300 years ago and was extremely popular in 18th century France.

The classic Martingale betting system is based on the martingale probability theory introduced by French mathematician Paul Pierre Lvy.

The system is still used by roulette players for repeating even-money outside roulette bets .

The idea of the classic Martingale system is to double up the next bet after each loss and to reduce it to the initial amount after each win. Eventually the win covers all the net losses of the previous bets.

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For example, if you bet 5 units and lose the bet, the next bet is doubled up to 10 units.

Then if you lose your 10-unit bet, you must bet 20 units on the next spin of the roulette wheel. After next loss the bet is increased to 40 units. At last you win the bet which means that the next roulette bet is reduced to the starting amount and you bet 5 units again. As a result, you have a gain of 5 units: 40 - (5+10+20)=5. Note: The main problem about Martingale betting system is that the player can reach the table betting limit very quickly as a result of continuous losses. Unfortunately, long losing streaks are not rare in roulette games, and that is why you can exceed the maximum betting limit in a few games. Most roulette tables have a limit of $500. As a result of seven losses in a row you would reach the betting limit with an initial bet of, for example, $5. In order not to lose large sums of money and avoid going over the maximum allowed bet, you are recommended to start the betting cycle with small amounts, such as a $1 bet. Grand Martingale System The Grand or also Great Martingale is a variation of the classic Martingale system which involves an even greater growth of bets. Here after each loss the player must double the bet and add one more unit to the doubled amount. As a result, the sequence of bets will be like this (if you start betting with 5 units If the series of losses is finally broken by win, the net gain is always the initial bet plus one unit, but not only the initial bet like when using the classic Martingale. Of course, it is possible to use other variations of this system, for example, add 2 or more units to the doubled bet amount after each loss. But such a roulette strategy involves greater risk of losing money. Reverse Martingale System If you prefer to take advantage of winning streaks rather than losing ones, you can use the Reverse Martingale system.

This means, that you double the next roulette bet after each win rather than loss and go back to the initial bet when you lose.

This is the formula of Reverse Martingale (if you start betting with 5-unit betThe Martingale roulette system is known to most real and online casino gamblers; it is in practical use for more than two centuries. In general, the Martingale is not just a roulette system: it is in-tended to manage your bets and leave you a final winner. Its idea looks as follows: starting with your minimum chosen bet, each further bet should cover the losses of all the previous ones in the current gaming session. In case you win, you get back to the initial minimum bet and start a new session. Your bets should be made on even chances - either Odd and Even, or Red and Black. It is easy to see that when gambling according to the Martingale system, you make your bets under the simple doubling progression. For example, if your minimum starting bet was 1 dollar, your second bet, if you lose, will be 2 dollars, then - 4 dollars, then - 8, 16, 32, 64, 128 dollars, and so on. Let us look at a simple example.

We put 1 dollar on Black - the Red occurs.

Then, we put 2 dollars on Black again - the Red occurs.

We bet on Black again - this time 4 dollars - and follow the pro-gressions until the Black occurs. In this case your last winning bet will cover all your previous losses and bring you 1 dollar of revenue.

Thus, you might assume that the Martingale is a lossless system. However, you should keep in mind two important conditions. Firstly, you should have enough money to stand through a losing session: sooner or later, your winning color will occur.

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Secondly, there should be no limit on the maximum bet. Bet Bet Size $1 $2 $4 $8 $16 $32 $64 $128 $256 $512 Occurred Color R Bet Outcome -$1 -$2 -$4 -$8 -$16 -$32 -$64 -$128 -$256 +$512 Total -$1 -$3 -$7 -$15 -$31 -$63 -$127 -$255 -$511 +1 This second condition is the main casino s argument. None of them will let you increasing your bet endlessly; otherwise, they would have long gone bankrupt. Also, you should not forget about Zero in the European and Double Zero in the American roulette.

These bets also play into the casino s hands and minimize all the benefits of the Martingale system. Apart from direct application of the Martingale system in practice, there are various modifications of the system. Many gamblers make use of the Stretched Martingale.

The aim of this system is to avoid reaching the bet limit. However, bets under the Stretched Martingale system are made not on even chances but on a particular number.

The main assumption is that within 80 wheel spins any chosen number should occur at least once; therefore, bets are made in a special manner. You choose the starting minimum bet, say, 1 dollar, and bet 1 dollar on your chosen number during the first 35 spins. If after these 35 spins you do not win, you double the bet and make it until the 53rd spin in-clusive. If there is no win by that moment, you triple the bet and use it up to the 65th spin inclusive.

Then, if you are still losing, of course, you quadruple your bet - up to the 74th wheel spin, and in-crease it fivefold up to the spin No. 81.Online gambling is largely unregulated.

That means the casinos generally don t answer to anyone. If you have a problem with a casino (like you think they were cheating, or they won t pay you, for example then you re usually out of luck.

That s why the most important thing in playing online is to pick a good casino. Good casinos offer fair games and consistent payouts because that way they ll get both repeat customers and good word-of-mouth from satisfied customers. It s no coincidence that the most successful online casinos are the ones that focus on their customers. Bovada is one of those. But some casinos aren t so smart.

The stupidest ones actually rig the games, promptly get blacklisted at sites like Casinomeister, and then their business dries up. (It s pretty easy for gambling mathematicians like the Wizard of Odds to determine whether a casino is cheating.) Cheating is rare. You re more likely to have a problem getting a payout.

Some casinos try to find excuses to not pay winning players, especially players who have won big. And again, since online gambling is unregulated, if you can t get a payout from a casino, then you re usually out of luck.

So all this is another reason why I advertise Bovada, and have done so for ten years.

They use industry-standard software, it s absolutely fair, and players get their payouts, consistently. I have a choice in whom I advertise, so I purposefully picked a casino with a good reputation where I m confident my readers will have a good experience. Bovada also allows me to mediate if one of my readers clicks over to them, plays, and has a problem they can t get Bovada to resolve. Believe me, I wouldn t offer that service if I got more than a trivial number of inquiries on that topic. Bottom line: Bovada is fair and relatively safe. You might have a good experience with another casino.and you might not. I know Bovada is good, and that s why I picked them. Visit Bovada The Martingale Betting System Increases your chances of winning, but you lose more when you do lose by Michael Bluejay, The Martingale betting system increases your chances of winning in the short term. It s a fact. How can we say this when the most respected gambling math authority on the planet, the Wizard of Odds, says that all betting systems are worthless ? Simple: The Wizard s only criteria for the worth of a system is whether it beats the house edge in the long run. But the point of a betting system isn t to overcome the house edge in the long run, it s to make you more likely to win in the short run. Most of us play for a few hours while on vacation. For short gaming periods like this, a betting system can make it more likely that you ll finish your session a winner. Even the Wizard wouldn t dispute this. Here s how the Martingale can make you more likely to win in the short term: You ll win most of your sessions, but your wins will be small.

Then on the rarer times that you lose, your losses will be much greater.

Is using the Martingale System for Roulette online illegal?What about the Martingale betting system in online Roulette.

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Could anyone tell about the Martingale Betting System in online Roulette?I've been using the martingale system in online roulette and it seems to work well. I was wondering if it is illegal to use on real games. I don't see how it could be because im just playin.

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Roulette probability problem?I am planning on martingale roulette and I have a monet stack that would cover my 15 bets so I plan to play on 13-24. Is it possible that in 15 rounds wheel wont get any number form 13-24 or is it .

Martingale betting system?