Martingale System

 

 

Gamblers have to be very careful when attempting to use any betting system. Over the long haul, most every betting system is doomed to fail because of the statistical reality that is used to establish the house's advantage in the first place. With that said, there is one betting system that could be effective over a shorter period of time.

 

About the Live Dealer Martingale Betting System

 

The Live Dealer Martingale Betting System was first given life in France during the 18th century. The most likely reason it has endured through so many years surely has a lot to do with how easy the system is to follow and implement. Simply put, the Roulette player is required to focus only on bets with even (1-1, 50/50) odds. That would include bets on red/black, odd/even or 1-18/19-36. Note: The house's advantage is represented by the single green zero and Euro-Roulette, plus the double green zeroes on American style roulette. As a rule of thumb, players should choose Roulette games with only the single zero if possible.

The Live Dealer Martingale Betting System starts with an established bet amount that will be used as the base bet. If the player wins the first bet in the Martingale sequence, they will come back and make a second bet for the exact same amount, starting a new Martingale sequence. After every losing bet, they will need to come back and bet double the amount of the preceding bet until they finally win again. At that point, they will revert back to the base amount and start a new sequence.

The overall objective is to win the base amount through every new Martingale sequence.

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The Risks Involved With the Live Dealer Martingale Betting System

 

 

The mind tells us it is nearly impossible to keep losing bets when the odds are 50/50 on a given outcome. What the mind fails to recognize is that each spin of the wheel represents the same odds with no regard for what happened on previous spins. Therefore, it's significantly more likely to have 10 losing spins in a row than one might want to accept.

 

Based on this information, the most significant risk related to the Live Dealer Martingale Betting System would be running out of betting capital before completing a Martingale sequence.

Example: Assuming the base bet is $1 and the starting bankroll is $300, the player will only be able to survive doubling-up on eight spins before they run out of money ($1, $2, $4, $8, $16, $32, $64, $128 = $255).

In a nutshell, the Martingale system is only effective in proportion to the amount of the player's bankroll. The bigger the bankroll, the longer they can play. The longer they can play, the more chances they will have of finally winning.

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