The Martingale is a popular betting system, a factor that can be attributed to its simplicity. Anyone can learn and use the system as it does not have any complex equations for you to memorize. The basic strategy of the game is to double your bet or add a little more every time you lose. This enables you to recoup all your losses with some profit if you win.
The Logic behind the System
At a glance, this betting system makes a lot of sense. For instance, by doubling your bet after each loss, you ensure that, in case of a win, you are able to recoup all your collective losses plus a profit that is equal to the original bet. To step things up and avoid limiting your investment, you may opt to triple your bet after every loss. If you win, this will recoup your losses and you will have a larger profit. However, this should not be taken lightly as it increases the risk of losing huge amounts of money exponentially.
In the Martingale-Roulette betting system, the player is limited to reds and blacks or even and uneven numbers at the betting table. For instance, if a player bets 10 dollars on red and loses the first spin, they need to bet 20 dollars on their next spin. After winning a one unit profit, which is equivalent to the initial bet, the player is allowed to reset the system and start the sequence again.
Downsides of the Martingale System
This system is by no means a path to easy money. In fact, the player is exposed to high value risks and if he/she plays for a longer time, chances of hitting the losing streak are quite high. One might make one huge loss that might just wipe out the cumulative wins they may have made over a long time.
One of the key assumptions of this system is that you have an unlimited bankroll. That is why you are expected to double your bet after every loss. Unfortunately, you might just run out of cash before winning anything.
You also have to take into consideration allowable table bets. This does not always go well with every player. You might just reach the maximum table bet before winning. You will therefore be forced to stomach the loss or look for another table with a larger maximum bet.
To answer the nagging question, the Martingale-Roulette betting system works. However, you will need a relatively large bankroll to be quite successful. In addition, you must uphold its main principle, which is; to continue doubling your bet until you win.