The Martingale Roulette Strategy
A player must always be aware of his bet stake. Different players use different betting patterns and different betting systems. Some like to use same stake pattern, others like to vary their stake. This sort of strategy is called a betting strategy and of the many that lie around, one of the most popular is without a doubt the Martingale strategy.
The Martingale strategy is a betting strategy whereas a player doubles his bet stake after each consecutive round to cover any losses that have been incurred in the previous round. This means that if a player bets $2 and loses it, in the next round the player bets $4 in hope that he wins $8. If he loses again he doubles his bet stake again to $8 in hope to win $16. In this case the total bet stake of the player would be $14 ($2 in the first bet, $4 in the second bet and $8 in the current bet). If the player wins the $16, the player would have made a profit of $2 ($14 total bet stake and $16 pay out).
A lot of players gave their luck a try with the Martingale betting strategy, however most players found out that this comes with limited success. The reason we say limited success is because the martingale strategy doesn’t come without its flaws. At CasinoTop10 we identified the limitations and flaws of the martingale strategy and we split them out in 3 easy steps.
The Martingale strategy depends on two variables. One variable is that pay out of the outcome must be 2/1 so that every time you win you double your money. The other variable is that the odds are also 2/1. This means that the probability of the outcome that a player wins is 50%. Players use the martingale strategy on red/black, odd/even, however there is a flaw. Given that in European roulette there is zero number which is green, these types of bets don’t reflect 50% of this happening since the green zero number is neither odd nor even, is neither black nor white. This green zero is where the house has its edge. It is impossible to find two way bets which have more than 50% probability of player winning. Given that one of these two variables is flawed, the martingale system is at a disadvantage. This leads us to the 1st potential flaw, a two way bet never reflects the probability of the outcome to be 50%, given that if that outcome is 50% or more, the payout is more than 2/1.
This type of betting system is based on the assumption that a player has an infinite bankroll and that the table will not limit you. These assumptions are flawed since although different limits exists for different tables, however there is always a limit to the bet you can place. Once you reach this limit you will not be able to double your bet to cover your previous loss/losses. Also every player has a bankroll, so if you utilise all of your bankroll, a player won’t have enough money to double his bet stake. This leads to the 2nd potential flaw of the martingale strategy.
Given that the martingale strategy works on the theory that the outcome of the probability of a player winning is 50%, doesn’t mean that the player will always win after a loss. This probability of the outcome is correct over a series of bets and in the long run the player will win 50% of the times, however the odds of this happening in sequence is highly improbable. A player can win two or three consecutive times, and at the same note a player can lose two or three consecutive times. This probability of the sequence, highlights further the 2nd potential flaw we found, that of The Limits. If a customer loses ten consecutive times he might have reached the table’s limit or have eaten up all his bankroll before given the chance to win.
This leads us to the conclusion that there are potential flaws in the martingale strategy of which were highlighted above, however this doesn’t mean that this betting strategy cannot be combined with another strategy.
The Martingale Roulette Strategy