No matter what the live casino game is avid gamblers are always on the lookout for working strategies. Even recreational players who visit primarily for fun like to have some kind of method to their madness. One popular strategy utilized by many is the Martingale System. This gambling system is centuries old but still remains relevant. One of the most popular table games to utilize Martingale is Roulette, although the system can also be applied towards poker and blackjack.
What is the Martingale System?
Martingale relies on two basic factors: even bets and repeats odds. Even bets are wagers that have around a 50% chance of winning. In the game of Roulette, an even bet would be on red or black. As the wheel is split between the two the marble will inevitably fall on one or the other. Same goes for even or odd numbers. Even bets are great because they bear a higher rate of success as well as less risk.
Repeat odds judge the chances of the marble falling on the same result. So this would be the marble hitting black twice in a row. In such instances, the chances fall below 50%. In the second spin, the chances are 25% it will hit the same result, 12% it will hit the same result in the third spin, and 6% it will hit black in the fourth spin. This means the player has a better chance of winning if they stick with red. Martingale harnesses these two factors to create a system that steadily builds a player’s bankroll while erasing any losses.
The way it works is simple. If a player loses on an even bet they simply double down on the next spin. Because the odds of a repeat performance decrease the player’s chances of winning increase. So if they double down their next win will pay back their prior loss. Usually, that next win occurs on either the next spin or the one thereafter. So if a player bets $10 dollars and loses, for instance, then they double down for $20 the next spin. If they win, that extra $20 replaces the $10 they lost. In this way, the gambler will always break even and win streaks will stack their profit. All they have to do is bet the same wager each time.
- The main disadvantage of Martingale is that it is expensive. As a player has to double down following a losing bet the wager can become very high if they keep losing. Eventually, they will win but the cost may become too high for the player to afford.
- The biggest danger to Martingale is a streak. Streaks can occur in Roulette and can annoyingly persist past several spins. If a player finds themselves on the wrong side of a streak they will have to keep doubling down. The longer the streak the more money it will inevitably cost the player.
- Another drawback to Martingale is that it may no actually yield profit. Martingale’s system allows a player to win back their losses, but if that is all they do the work will be for nothing. They will leave the table only with what they brought. Even a huge payout will only serve to refund their losses.
- Martingale’s biggest advantage is that it takes away the risk. First, it makes players bet safer wagers. Secondly, it erases any losses so the player can only ever break even.
- Another advantage to Martingale is that it allows profit to stack. Remember, the player only has to double down in they lose. So when they win they keep the profit and let it steadily build their bankroll.