Martingale Betting System - Are You SURE?

Very common and popular system among newbies who like roulette, but not a very useful one. Sure, it seems simple and logical - you start with, let's say, 10 bucks and you double it every time you lose in order to win it back.

Let's look how the bets increase with every loss - 1) $10, 2) $20, 3) $40, 4) $80... 9) $2960! Okay, it's very rare to lose 9 times in a row when playing roulette and betting on red/black, but let's face the facts and more important - the ODDS. The chance of losing 9 times a row is somewhere near 1/500, meaning that chance of losing 3 grands in order to win back your $10 is around 1 in 500...

You may get lucky, of course, and probably you will first few times, but in the long run you lose and when you lose, you lose really big. Hey, I've seen roulette ball landing on black 13 (thirteen!) times in a row and I have heard stories of people getting 17 reds in a row. Now, if you take this initial $10 bucks and calculate, you can see that if you keep using Martingale and if you wait long enough, you will lose hundreds of thousands. For example, if you start with $5 and lose 17 times in a row, your last bet will be $327,680. Now - how sick is that?!?!

"If I had the money and the drinking capacity, I'd probably live at a roulette table and let my life go to hell," said Michael Ventura once. I think he forgot to mention "Martingale Betting System".

Some people use Anti-Martingale System, where you have to predict a win (6 blacks in a row, for example) and where you have to double every time you have won. If you've won three times in a row, start all over again. If you lose, start over with minimum bet (do not increase!).

GamblingRalf recommends Anti-Martingale System (if any system at all, and IF roulette at all...), because it's not as nerve-wrecking as the others - you don't have to place cosmic bets to win back your pocket change.

Ralf Vinogradov is a part-time journalist in a newspaper and an editor and webmaster of gambling related website GamblingRalf.com, that introduces wackiest online casino bonuses. He also runs infamous newsletter called "Club Hundredaire".

---

States Lottery Basics

For those who dream of quitting their jobs and being... Read More

What Your Poker Table Says About Your Personality

Who does not have tables at home? Such a queer... Read More

Compulsive Gambler Shares His Recovery Story About Gamblers Anonymous Now That He Stopped

A compulsive gambler who participated in Gamblers Anonymous program shared... Read More

Buying A Thoroughbred: Is It For You?

Buying a thoroughbred can transform a man. Horseracing is the... Read More

Stop Compulsive Gambling Addiction With Education

Through proper education, society can develop programs to stop compulsive... Read More

Win Every Single Time You Play Poker, Chips Or No Poker Chips, Guaranteed

Having played many, many poker games in my time and... Read More

How to Profit at Online Poker Over the Long Run

The first and most important step is to take notes.... Read More

A NO B.S. Explanation of Spread Betting For Newbies

Note: The goal of this article is to give you... Read More

Blackjack Strategy: How To Avoid Unnecessary Losses By Avoiding Emotion

Most blackjack articles seem to be written by people who... Read More

MTT Poker Win Frequency

Multi Table Tournaments (MTT) are currently very popular due in... Read More

Bingo ? It?s Birth and Beginning

The true origin of bingo dates back as far as... Read More

Blackjack - Increase Your Odds With Basic Strategy Plus

Blackjack Basic Strategy, played perfectly in a game with favorable... Read More

Do You Believe These Four Online Slot Machine Myths?

The fact that people don't really understand how online slot... Read More

How to Avoid the Common Slot Machine Playing Mistakes

Understanding how slots work is important in maximizing your gains... Read More

Roulette Strategies - The 10 Commandments for Bigger Profits!

You will see many roulette strategies on the net.Here we... Read More

The Secrets of the Outside Numbers

Pssst...! Wanna know a secret?How about the secrets of the... Read More

Do the Laundry or Win the Lottery

On the Friday afternoon drive home, I'm relieved the weekend... Read More

Online Bingo - Internet Craze

Traditional Bingo has been a popular pastime for many years... Read More

Please Help My Husband, Wife, Partner, Spouse, or Other Family Member to Stop Gambling

It doesn't matter whether you are the husband, wife, partner,... Read More

Fantasy Football Offers Gamblers a Unique Kind of Fun

If you are a gambler, and you enjoy sports, chances... Read More

Texas Holdem Tournament Strategy - Sit and Go Poker Tournaments

Welcome to the fourth in my Texas Holdem Strategy Series,... Read More

Party Poker Sign up Bonus Code Tutorial

I have had a lot of emails from people who... Read More

The Eternal Allure of Gambling

I just spent three days in the land of milk... Read More

Texas Holdem Tournament Poker Strategy - Betting Is Communicating

The "Language" of Poker BetsWe humans are very perceptive creatures.... Read More

Compulsive Gambler Continues Down Self Destructive Path With Little Hopes To Stop Gambling

Everyday I here of compulsive gamblers who are continuing to... Read More