Gambling has been around for thousands of years and The Martingale System (see Wikipedia) has been known about since the very beginning. Originally it was an 18th century French class of betting systems. With the Martingale Betting System you make your bet, $5 say on an even-money bet like red roulette or the Pass Line in craps, say. Once you win, you then make the very same bet for the following hand. Lose, however and you double your bet for the upcoming hand, before it gets dealt.
Feasibly, if you were always able to double your bet when you lost you would be guaranteed to come out ahead always. In real life, you cannot always double your bet. First off, you would run out of money and then be unable to double the bet. So, therein lies the risk of the Martingale System.
But what if you actually could afford to make those really massive bets?
Let us assume you are willing to lose up to $100 thousand dollars. You start with $5 and place 14 consecutive bets the final being $40,960, for a total loss of $81,915 should bet number 14 lose.
With these limits set in place, how long could you stay in the fame safely?
Under such circumstances, you could play the Pass Line bet in craps for a 30 straight hours before you would dip below a 95% chance of coming out ahead. So even with a gigantic $100k bankroll, you cannot use the Martingale system for too long without the risk of tapping out completely.
The Martingale Betting System can be used in American and European Roulette, Blackjack, Baccarat, Mini-Baccarat, as well as other games you might play at a Casino.
The Martingale System should be used only if you are willing to lose a larger amount than you usually do. You usually have a $200 bankroll if you’re making $1 bets, or a $1000 bankroll and you are placing five dollar bets.
On the other hand, do not use Martingale if you think it will somehow make you a guaranteed winner. As previously mentioned, it most certainly will not guarantee a win.
If You do not have at least $200 for $1 bets or $1000 for $5 bets do not use the Martingale System. If you are planning on playing for more than an hour, and if you plan on playing American roulette or a fast game of Baccarat, think again about utilizing the age-old Martingale Betting System.
