Monday, 30 September 2019

What Makes Martingale System a High Risk Roulette Strategy?

If you are an avid gambler or a fan of casino systems in general, you have probably heard about the Martingale System. Survey results found that it is one of the mostly used casino betting strategies. Martingale system had been invented to beat the casino games in general, but it is widely used as the core strategy for many Roulette systems. But, if you are new to Roulette strategies, you are advised to avoid playing with Martingale system because it has been proven to be a high risk Roulette strategy that can make you broke. What makes it a high risk strategy?
Don't be surprised if I tell you that most new Roulette players are using Martingale system to beat the wheel. In fact, it is the first Roulette system for many gamblers. Some lucky gamblers manage to switch to other Roulette strategy once they found the system doesn't work in the reality, but there are unlucky players who are heavily in debt because they never give-up and keep trying to use the system to beat the wheel.
The key reason that makes Martingale system one of the most famous roulette strategies lies in its pure simplicity. Theoretically it works flawlessly at any bet that involves 50/50 chance of winning. Theoretically, it is a foolproof system that guarantees you will win eventually, not matter how much you have loss, you will always exit the game with winning. The paradigm of the Martingale system is: if you place a bet and win, pocket your winning, but if your bet loses, make a new bet that is double the original bet until you win, you will recoup your original loss plus a winning. For example, you bet $5 on Red at Roulette, if you win, you will get back $10 ($5 of original bet plus $5 of winning). If you lose, then you have to double your bet, it becomes $10, if you keep losing because the outcomes turn out to be BLACK, the following bets will be $20, $40, $80, $160; let's say you win at the bet of $160 when the outcome turns out to be RED, you will get $320; but after deducting the previous losses and the original bet, you will win $5. This is how the Martingale system works as you will definitely recover your losses plus a winning that is equaled to the initial betting amount provided you have huge amount of money that can be used to keep doubling up the betting amount until you hit a win.
Keep in mind that casinos will never let Martingale system to work flawlessly. They have done something to break it so that casinos can prevent from facing huge losses if players implement Martingale strategy. Every table at casino has a maximum limit, which is the blocker that stops Martingale system from function flawlessly. Even though the player is a billionaire who has big money to double up his bet, he will never have the chance to do it once his bet hits the table limit.
As you can see in the example given above, every time you lose a bet, you have to double up your wager on the next turn. Let's say you have hit a long losing streak of 7 times, with the initial bet of $5, the 8th wager amount will be $640. If you lose again, then you have to place $1280 at the 9th turn. Could you see that you are risking over thousand of dollars just to win a $5. Moreover, if you have kept a record of Roulette results, you will find that a consecutive red, black, big, small and odd or even for more than 10 times are so common. Most often, a $5 roulette table will have a maximum table limit of $3,000 at a land-based casino and $300 at online casino. Therefore, you have very little chance to win with Martingale system. At any time, when you go one a long losing streak, you run a serious risk of going broke.
Summary
Players may see nice gains by playing Roulette with Martingale system over the short-term. However, you can quickly run into a risk of losing big amount of money when you hit a dreaded losing streak. Therefore, Martingale system is a high risk Roulette strategy, which you should avoid using it.

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