The Martingale Roulette System
If you should be familiar with only one betting system, this is it. The Martingale system has been around since the dawn of gambling and it comes closer to beating the house than any other betting strategy. If that wasn't enough, it's also as easy as could be.
How Does It Work?
To start using The Martingale System, open up with a small wager. For this system to really be effective, you should be using the Martingale System with even money bets. Below is a list all of the appropriate even money roulette bets for this system.
The Martingale System is powered by a very simple principle. Once you've placed the small, starting wager there are only two possible outcomes (short of en prison). You will either win this bet, or lose this bet. If you win, take the winnings off the table, put them safely in your pocket, and make the same small bet.
You won't need to take advantage of The Martingale System until you actually lose something. When you do lose, then you double your bet. Don't just increase it slightly, it is essential that you actually double it.
If you win this second bet, pocket all of the winnings, except what you need to make the same small starting bet. If you lose it though, you'll need to make a third wager that is double the size of your second bet. And so the pattern continues.
Discipline is the name of the game. You must double your bets after every loss, and return to your small bet after every win. Any deviation from the pattern is just asking for disaster.
The Logic Behind It
You may have already pretty much figured out how this system can offer you a high probability of winning, but lets run the numbers and examine exactly how it works. Let's start by taking a look at an example. The table below describes a series of roulette bets that are made by a Martingale player.
| Bet # | Bet Size | Win Or Loss | Net Winnings |
| 1 | $5 | Loss | -$5 |
| 2 | $10 | Loss | -$15 |
| 3 | $20 | Win | $5 |
| 4 | $5 | Loss | $0 |
| 5 | $10 | Loss | -$10 |
| 6 | $20 | Loss | -$30 |
| 7 | $40 | Loss | -$70 |
| 8 | $80 | Loss | -$150 |
| 9 | $160 | Win | $10 |
After each full cycle of losses ending with a single win, the player has a net win of the starting bet ($5 in this case). After the nine bets, the player in our example went through two full cycles and thus won $5, two times, a $10 net win.
By doubling your bets, each win can pay you back for all previous losses and let you win the amount you started with. If you make smaller increases, you might not be able to even break even, and larger increases can make your bet sizes grow out of control.
Does it Really Work?
Although this is one of the most promising, least fanciful roulette betting systems, in the long run it is still doomed. In the short run, though, it can be useful for making a couple of bucks when playing online roulette.
Shear Cost
One factor that deters people from using the Martingale System is the strain it puts on your bankroll. In our example from earlier, the player was down $150 (even after an earlier $5 win) and then had to come up with $160 to put on the table.
If our fictional player had lost, it would have driven them $310 into the hole. To continue they would need to make a $320 bet. In total, at the smallest common limits, they would require a total starting bankroll of $630.
Limiting Limits
So you've got an endless bankroll and all of the time in the world. Nothing can stop you, right? Wrong. You can only continue this doubling-progression until you reach the table limits. At a $5/$500 table, you'll be able to make seven total bets before you must sustain a $635 loss on the cycle, and move on.
Don't think you'll actually lose an even-money bet seven times in a row? Think again. Statistically, a seven bet losing streak should occur approximately every 90 Spins.
Calculation:
Even money roulette bets lose 52.63% of the time.1รท(0.5263)7 = 89.411Rounding up we are left with an expected losing streak once every 90 spins.
Losing this often, what kind of results can you expect? With eighty nine $5 wins, and one $635 loss, you will lose a total of $190. Assuming that takes you about three hours to accomplish, you are losing an average of about $63.33 an hour. Under normal betting conditions (5.26% edge) you would expect to lose only $7.89 an hour making $5 bets at the same pace.
In Real Terms
Of course, those are only the statistics. In reality, if you go through just one or two cycles, you can make a few dollars and quit while you are ahead. The Martingale System only benefits the players who are willing to play a small amount, and accept only a modest profit.
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