Saturday, October 06, 2007

Martingale Betting System - Are You SURE?

Very common and popular system among newbies who like roulette, but not a very utile one. Sure, it looks simple and logical - you start with, let's say, 10 vaulting horses and you double it every time you lose in order to win it back.

Let's expression how the stakes addition with every loss - 1) $10, 2) $20, 3) $40, 4) $80... 9) $2960! Okay, it's very rare to lose 9 times in a row when playing roulette and betting on red/black, but let's face the facts and more than of import - the ODDS. The opportunity of losing 9 times a row is somewhere near 1/500, meaning that opportunity of losing 3 grands in order to win back your $10 is around 1 in 500...

You may acquire lucky, of course, and probably you will first few times, but in the long run you lose and when you lose, you lose really big. Hey, I've seen roulette ball landing on black 13 (thirteen!) times in a row and I have got heard narratives of people getting 17 rednesses in a row. Now, if you take this initial $10 vaulting horses and calculate, you can see that if you maintain using Martingale and if you wait long enough, you will lose 100s of thousands. For example, if you start with $5 and lose 17 times in a row, your last stake will be $327,680. Now - how ill is that?!?!

"If I had the money and the drinking capacity, I'd probably dwell at a roulette table and allow my life travel to hell," said Michael Ventura once. I believe he forgot to advert "Martingale Betting System".

Some people utilize Anti-Martingale System, where you have got got got to foretell a win (6 blacks in a row, for example) and where you have to duplicate every time you have won. If you've won three times in a row, start all over again. If you lose, start over with minimal stake (do not increase!).

GamblingRalf urges Anti-Martingale System (if any system at all, and IF roulette at all...), because it's not arsenic nerve-wrecking as the others - you don't have got to place cosmic stakes to win back your pocket change.

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