Sunday, April 8, 2012

E-13: Martingale Method

The Martingale system was created in 18th century France




The Method:

You start with a small base bet (let’s say $5) and double your wager each time you lose.
Once you do win, you will win back all your losses and one base bet.
So you will be ahead one bet.

Flaws:

1. You would have to have an unlimited bankroll for this to work. Even starting with a small base bet, the wagers still get out of control very quickly.
Starting with $5, the next bet would be $10, then $20, $40, $80, $160, as you can see this is going high quick.

2.  Most $5 games have a max bet of $500 at most, so with only 8 bets, you would be over the table limit.

3.  There are very few true 50/50 games, so the house edge will still carve away at your bankroll

Never attempt the Martingale system. The house edge and table limits will eliminate any possibility of the system working.

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