nick0011 hasn't registered for Wass Gold yet - have you?
Posts: n/a
The Martingale Betting System
Most players in the casino are looking for a system to help them get the edge. Many of them stumble upon or hear about a surefire system that involves doubling their bets after each loss. They figure that sooner or later they have to win. This system that is called the Martingale system and it has been around for years. It has also been the ruin of many players. Here is how it works. You make a bet and if you lose you double your bet. If you lose again you double your bet. You keep doing this until you win and then go back to your original bet. Let’s look at an example of the Martingale. For this example we will assume you are playing on a five-dollar table. First of all most casinos have a maximum bet. Many five-dollar tables have a maximum bet of $500. If you bet using the martingale where you double after every loss the progression would look like this:
You bet $5 and you lose.
Your next bet is $10. If you lose:
Your next bet is $20. If you lose:
Your next bet is $40. If you lose:
Your next bet is $80. If you lose:
Your next bet is $160. If you lose:
Your next bet is $320. If you lose:
Your next bet is $640, which exceeds the maximum bet for the table.
It would only take eight losses to exceed the table maximum bet. It doesn't matter how many times you double up your bet. You will up you will only win five dollars if you eventually hit. This takes into account all your progressions up to that point. Even if you could exceed the $500 maximum bet, on the eighth bet you are risking $640 to win $5. You have already invested $635 for your previous seven bets. If you lose that one you are out $1,275. Can you imagine risking over a thousand dollars for a chance to win five dollars? The casinos know that if someone had unlimited resources they would eventually win. That is why the set maximum bets at the table.
Some people who try the Martingale system have an initial success with it. They might win consistently for many sessions and swear the system is fool proof. Sooner or later reality will kick in and they will discover the flaw in the system. I know because years ago when I was naive about the casino world, I was one of those persons who tried the Martingale.
To use the Martingale system you have to place even money bets. One of the most popular bets for players using this system is to bet black or red on the roulette wheel. (This is also one of the best games for showing you the flaws in the Martingale system.) Shortly after I started playing table games, I read about the Martingale and decided to give it a try on my next visit to Atlantic City. I started with a bankroll of $200 and I won $145 on my first trip using the system. I won on three trips after that building a bankroll of $500. This was too easy. I wondered how the casinos could stay in business if everyone used this system?
On my next trip I took my bankroll to the table and placed my $5 on red. I lost and started the progression. I placed my next bet and lost again and again and again. I lost six bets in a row. When I lost the bet for $160 I was down $315 and only had $185 left of my five hundred dollars. I did not have enough money to bet the $320, which was the next step in the progression. I was nervous and down hearted. I couldn't believe this could happen to me. I was all ready to throw down my remaining money when I came to my senses and decided to take break.
I thought about what I had just done and realized that this system was not fool proof. Anything can happen in a casino including losing several bets in a row. That was many years ago and I am wiser to the realities of the games. There are still many players however that are just hearing about the Martingale system and are convinced that they can't lose with it. Here is an easy way to see for yourself.
If you believe that you can't lose seven bets in a row take a walk through the casino and look at the display board that is connected to most roulette wheels showing you the twenty previous spins. How many times do you see one color come up more than seven times in a row? I once saw black appear 17 times in a row! If you started with a five dollar bet and used the Martingale system, your 17th bet would be $327,680.
No betting system will change the overall casino edge and the Martingale system can be disastrous when things go bad. Please don't be one who is fooled by this system.
==================================
nick
========================================
decker hasn't registered for Wass Gold yet - have you?
Join Date: Aug 2009
Posts: 93
I tried a similar system playing micro stakes Blackjack. If I lost 3 or 4 in a row, I would double my bet. I didn't stick to the doubling every time I lost a hand, but would increase my bets instead. Point is, it didn't work at all! Lost my whole bankroll a few times. Now I know better. My advice is: Don't increase your bets if you are losing. Do the opposite, increase them as you are winning.
bls12 hasn't registered for Wass Gold yet - have you?
Join Date: Dec 2005
Location: birmingham, , United Kingdom
Posts: 3,401
these betting systems are out there to get you to play not to win if you do win which is very unlikely you are 1 in a million i say forget about them they are a load of rubbish
FlibbleS hasn't registered for Wass Gold yet - have you?
Join Date: Dec 2005
Location: 90210, UK
Posts: 2,784
I tried this system in Vegas at the start of the year, worked like a dream the first day, then on the second day it went 16 turns without hitting the target i wanted and meant I lost some $, but there is a way to adapt the system to minimise your risk and potential losses, so my loss was a lot smaller tha it could have been and meant i was still up overall.
It's a good system to use but I think it's more fun just picking 'lucky' numbers
__________________
There's no reason to become alarmed, and we hope you'll enjoy the rest of your flight. By the way, is there anyone on board who knows how to fly a plane?
"If Jamie Carragher were Italian, we'd build entire dynasties around him." Corriere della Sera
tricky94 hasn't registered for Wass Gold yet - have you?
Join Date: Oct 2006
Location: , ,
Posts: 97
the house always wins,but that is a very interesting system something i will try see how things turn out no matter what still need a little luck on my side
paisleysky hasn't registered for Wass Gold yet - have you?
Join Date: Apr 2007
Location: Kingston, New York, USA
Posts: 773
I play a different system made just for blackjack that I read in a book years ago. I can't recall the name of it so I will try to explain it.
Starting bet lets say $10, you stay at $10 for the next bet wether you win or lose. If you double and win you would skip forward 2 bets, if you got a blackjack you would skip forward 1 bet. Whenever you lose you go back the first bet.
10 10, 15 15, 20 20, 30 30, 50 50, 70 70, 100 100
I find this system maximizes your wins when you are on a streak which I think it very important to do in blackjack. While at the same time minimizing how much you are losing by returning to the intial bet when you lose.
Damian hasn't registered for Wass Gold yet - have you?
Join Date: Oct 2010
Posts: 12
Martingale system has been a good betting system in casino games from the past many years. It also has proven many good result for the players, as it has a great advantage for the players that the player will get all his lost money on the bet he wins. So his money got neutralized. But there is also some flaws in this system. The main disadvantage in this system that there is no sure winning in this system. If you have unlimited bankroll ten only you can take the risk of playing with this system. Because if you have a certain bankroll limit and you didn't won till that limit then you are in a great loss.
The Martingale Betting System
Linear Mode
