Roulette strategy - The Martingale System
The Martingale is usually the first choice
of a novice gambler looking to play to a strategy and
is probably the oldest of betting systems. Many other
systems are based on the basic theory of the Martingale,
and so to evaluate most systems you need a full understanding
of the Martingale.
The Martingale is a progression system played on the
even chance bets, on a roulette table. It can also be
used on even chance bets on other games.
As with other systems, it's main purpose is to obtain
profit even though they could be a series of losing
spins, exponentially increasing your bets after every
negative spin. The basic idea is: if you bet on one
of the even chance bets (e.g. Red) sooner or later it
has to come in. Until this happens, the player must
continue to increase his bets after each losing spin
in order to win back all his losses plus one unit.
The bottom line is simply this: in order to win all
your previous losses back plus one unit, you simply
need to double your bet each time.
Although infallible in theory, the Martingale system
requires a large bankroll, has a very low return and
is very risky because of the maximum bet limits imposed
by the casinos. If you run out of money or reach the
house limit, you can lose an awful lot with no chance
to recover your losses. The physical limit for this
system lies in the huge amount of requested capital
that reaches the house limit in a very short time.
Back in the days of the 42 numbered Roulette wheel,
if you had started playing £1 on red in accordance
with this system, and there was no table limit then
your bet on the 43rd spin would have been approx £4,398,046,511,000.
Bill Gates would have lost his fortune after about 37
spins.
Playing the Martingale system will probably (but not
definitely) make win you a few dollars when you start
using it, but eventually you will get stung badly.
There are many variations of Martingale system, and
it can be used with other methods or in other more complicated
systems but limited to two or three bets maximum, in
this case the maximum exposure is 7 units for every
gaming session.

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