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The Martingale System
Below is a list of questions about the Martingale system and roulette that we answer in the article. See how many you know the correct answer to before scrolling to the end and reading the answers.
What is the purpose of the Martingale system?
Can the Martingale system help me win at roulette?Unlike some gambling writers, we don't tell people not to use the Martingale system. It's as fun a way to bet at a negative expectation game as any other betting system. But like other betting systems, it doesn't change the expectation of the game from negative to positive. Can you win at roulette using the Martingale? Sure. Are your chances of winning at roulette better using the Martingale than any other betting system? Hell, no. As long as you understand that, use any betting system you want. How does the Martingale system work in practice?You place a bet. If you win, you pocket your winnings. If you lose, you bet again, but you double the size of your bet. This time if you win, you win back your original loss, AND your up by one unit. If you lose twice in a row, you double your bet again, and again, if you win, you're up one unit. For example, you bet $1 on black at the roulette table. You lose, so now you're down $1. On your next bet, you bet $2 on black. You lose again, so now you're down $3 total. On your next bet, you bet $4 on black. You lose again, so now you're down $7 total. Then you bet $8 on black. This time you win $8. Since you've lost $7 at this point, you're up $1 (one unit). In theory, this betting system is infallible, but you have to meet two conditions for it to be foolproof:
No one has an infinite bankroll, and no casino offers unlimited betting limits. And since the betting increases exponentially, you will assuredly eventually have a huge loss which will eat up the minor one unit wins you've accumulated. Most online casinos have a $500 betting limit at roulette. If you start at $1, it doesn't take very money consecutive losses in a row to reach that limit:
It might seem impossible to bet on black 9 times in a row and never hit. If it does, then you need to read the next section about the gambler's fallacy. What is the gambler's fallacy, and how does it apply to the Martingale system?The gambler's fallacy is the myth that a certain result becomes "due" if it hasn't happened in a long time. In almost all betting situations, just because something has happened several times in a row does not mean that the alternative has a greater chance of happening next. For example, a roulette ball lands on red a little over 47% of the time on an American roulette wheel. If the ball has landed on red 8 times in a row, what is the chance of it landing on red on the 9th spin of the roulette wheel? If you answered anything other than "a little over 47%", then you're committing the gambler's fallacy. Who came up with the Martingale system?We don't know, but according to the Wikipedia, the Martingale system became popular at roulette tables in 18th century France. The French do love roulette, so we're not surprised that the most popular roulette betting system had its origins in France. Is the Martingale system good for anything?Sure it is. The Martingale system will usually result in quite a few small wins eventually followed by a devastating loss. That's as entertaining a way to play a negative expectation as any, we suppose. As long as you don't have the foolish notion that the Martingale system is actually going to put the odds in your favor, it's as good a strategy as any. |
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