Sunday 29 April 2018

Your Guide to the Martingale (Betting System)

Is it possible you can use a simple betting system to win money at the casino?

You may have heard of the Martingale Betting System. 

This system originated in France and was popular in the 18th century. In its simplest form it can be seen with a toss of a coin: heads or tails. 

The idea being that the gamblers doubles his bet every time he loses. The first win would see you recover all your previous losses plus with a profit of the original stake. 

For this reason, the Martingale system has been used by players of roulette and betting black or red. 

In theory, this is a guaranteed winner because sooner or later the system will bet on a winning black or red. The trouble is that few gamblers have infinite wealth and also few casino allow you to be over a certain limit. 

For example, look at how quickly your bet increases:

£10, £20, £40, £80, £160, £320, £640, £1280...

In truth, you cannot win because the value remain less than zero with the house edge of zero.