- Is The Martingale System Illegal
- What Is Martingale
- Is The Martingale System Allowed In Casinos Closed
The Martingale betting system is one of the simplest and oldest types of betting systems. It is also one of the more commonly known betting systems. The Martingale betting system is a type of negative progression betting and it is based on the probability of losing an infinite number of times. This system is generally played with an even money game such as the red/black bet in roulette or the pass/don't pass bet in craps and is known as the Martingale. The idea is that by doubling your bet after a loss, you would always win enough to cover all past losses plus one unit. The Martingale betting system increases your chances of winning in the short term. The catch is that when you do lose, you lose big. For example, starting with $1000 and a starting bet of $5, you've got about an 80% chance of turning a profit after one hour at craps or roulette, with an average win of about $100.
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Martingale Blackjack Strategy
The Martingale betting system is one of the simplest and oldest types of betting systems. It is also one of the more commonly known betting systems. The Martingale betting system is a type of negative progression betting and it is based on the probability of losing an infinite number of times. This betting system is usually applied to even money types of bets.
Using the Martingale system, you start by betting 1 unit. Every time you win a bet, you start all over again with 1 unit. If you lose the bet, you double the betting amount. You continue to double each bet you lose until you finally win a bet. After finally winning a bet, you start back over with the original betting amount of 1 unit.
By using this system, you are guaranteed a profit of one betting unit when you finally win a bet. This system will always turn a small profit unless you lose an infinite number of times.
Martingale Betting System Samples
For an example of the Martingale betting system let's say you are playing blackjack and starting your betting at $1 a hand. You lose your first bet, so your next bet will be $2 (the previous bet doubled). You also lose the $2 second bet, so your third bet will be $4. The dealer is running good and you also manage to lose your $4 third bet, making the fourth bet $8. On the fourth bet you finally manage to beat the dealer and get paid $8.
You lost the first 3 bets of $1, $2, and $4, so the total amount you have lost is $7. Since you won the fourth bet of $8, you have made $1 in total net profit. You've successfully made a profit of one betting unit, which is $1 in this example. After winning this bet you start the pattern over again, beginning with betting one unit.
Should I Use the Martingale Betting System?
If you are a blackjack player, we do not recommend using the Martingale betting strategy for several different reasons. The system is very risky and practically useless in most casino games. For this system to work flawlessly you must have a large bankroll. It's not uncommon to lose 7-8 hands in a row at blackjack. After losing that many hands in a row, all of a sudden you are risking very large amounts of money to gain one betting unit.
Is The Martingale System Illegal
Another drawback to using this system for blackjack is that most blackjack tables have betting limits, such as $5 - $100. After losing several hands in a row, the table limit will no longer allow you to bet enough to continue using the Martingale strategy. You will never make much money by using the Martingale system in most blackjack games.
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What Is Martingale
How the Martingale System Works
The Martingale strategy is very simple to understand; every time a player loses a bet he or she doubles the bet. For instance, let's say your initial bet is 10 units and you lose the first spin. The next bet would then be 20 units., which makes your total bet 30 units. If the second spin is a winning one, you will receive winnings of 40 units. You only won one of the two bets, but you are still ahead by 10 units. Let's look through some different cases:
Is The Martingale System Allowed In Casinos Closed
| Betting Round | Bet Units | Total Bet If Lost | Return If Won | Profit | Chance of Winning |
| 1 | 1 | 1 | 2 | 1 | 48,65% |
| 2 | 2 | 3 | 4 | 1 | 73,63% |
| 3 | 4 | 7 | 8 | 1 | 86,46% |
| 4 | 8 | 15 | 16 | 1 | 93,05% |
| 5 | 16 | 31 | 32 | 1 | 96,43% |
| 6 | 32 | 63 | 64 | 1 | 98,17% |
| 7 | 64 | 127 | 128 | 1 | 99,06% |
| 8 | 128 | 255 | 256 | 1 | 99,52% |
| 9 | 256 | 511 | 512 | 1 | 99,75% |
| 10 | 512 | 1023 | 1024 | 1 | 99,87% |
| 11 | 1024 | 2047 | 2048 | 1 | 99,93% |
As you probably notice, no matter how many times you lose, you always end up with 1 unit of profit when your bet finally wins. If your strategy is to always bet on red, this would mean that as long as the ball lands on red in the foreseeable future, you will make a profit of 1 unit. The Martingale System is beautiful in that way, it is a guaranteed winning roulette betting strategy in the long run, given that you have enough resources to cover the exponentially growing bets.
As the betting amount grows exponentially, so does the chance of winning. And already by the 7th betting round, the Martingale System gives you a 99% chance of winning your one unit.
