 
The Martingale
Part 1: The System
To use the Martingale
system you have to place even money
bets. One of the most popular bets
for players using this system is
to bet black or red on the roulette
wheel. Conversely this is one of
the best games for showing you the
flaws in the Martingale system.
Shortly after I started playing
table games, I read about the Martingale
and decided to give it a try on
my next visit to Atlantic City.
I started with a bankroll of $200.
I won $145 my first trip using the
system. I won on three trips after
that building a bankroll of $500.
This was too easy. I wondered how
the casinos could stay in business
if everyone used this system
On my next trip
I took my bankroll to the table
and placed my $5 on red. I lost
and started the progression. I placed
my next bet and lost again and again
and again. I lost six bets in a
row. When I lost the bet for $160
I was down $315 and only had $185
left of my five hundred dollars.
I did not have enough money to bet
the $320, which was the next step
in the progression. I was nervous
and down hearted. I couldn't believe
this could happen to me. I was all
ready to throw down my remaining
money when I came to my senses and
decided to take break. I thought
about what I had just done and realized
that this system was not fool proof.
Anything can happen in a casino
including losing many bets in a
row. That was many years ago and
I am wiser to the realities of the
games. There are still many players
however that are just hearing about
the Martingale system and are convinced
that they can't lose with it. Here
is an easy way to see for yourself.
If you believe that
you can't lose seven bets in a row
take a walk through the casino and
look at the display board that is
connected to most roulette wheels
showing you the twenty previous
spins. How many times do you see
one color come up more than seven
times in a row? I once saw black
appear 17 times in a row! If you
started with a five dollar bet and
doubled up when you lost, your 17th
bet would be $327,680.
No betting system
will change the overall casino edge
and the Martingale system can be
disastrous when things go bad. Please
don't be one who is fooled by this
system.
Until
next time, remember:
"Luck comes and goes...Knowledge
stays forever."
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