The Martingale Betting System is likely to win the prize as the oldest of all classic betting systems. Reliable evidence shows that it was used by gamblers since the early 1700s. It is so simple and easy to master than card counting. Despite the drawbacks, this strategy is popular among newbies 해외배팅.
Martingale allows the gamblers to double their bet after every loss, and then return to their base bet following every win. A single win would cancel out any loss or streak of losing. If the gambler has a winning streak, he will have money.
It sounds very promising. Let’s see how it works in practice. You lose one unit if you place a wager. Your wager is now doubled to 2 units. If you win this second wager, what happens? You will earn one unit profit, meaning you won one and lost two units. If you lose the wager of two units, increase your bet by four units. If you win, your losses (the bets at one and two unit) are multiplied by four to make a total of one unit. No matter how many losses were suffered, you can add one unit to your profit each time you win a wager. Wow!
This seems like a foolproof strategy because you can’t keep losing forever. Martingale also recovers all losses in one win. It’s true that you can’t lose forever but you can still lose huge amounts of cash for one of these reasons. First, you’ll need a huge bankroll. There’s no reason to lose seven, 8 or more bets in one go. I lost nine bets in Atlantic City when I was betting only on the pass lines at craps, which has an extremely low house edge. You can guess my tenth lost bet if I had started with $5 if Martingale was used (which I wasn’t). Would you be willing to believe that $2,560 was real? Who would ever bet more than $2,000 to win $5! Poor one!
Martingale does not make you rich. It is also because casinos limit the amount of money you can wager on a single Martingale bet. As you can see, casinos are aware that not everyone is smart enough or wealthy enough to gamble Martingale to its full potential. So they created table limits that allowed for maximum bets. A $5 table can have a maximum of $500 in bets. So even with an unlimited bankroll, and a brain full of stupidity I could not place the $500 maximum bet at a $5 table.
A final warning. Beware of the false belief that seven consecutive losses will guarantee a win. When playing a game like craps (betting pass/don’t pass), or roulette (betting black/red), the odds of winning are the same regardless of whether you have lost one, two or ten times. These games are unpredictable. Dice don’t retain any information and can’t see that a win is due. If black appears ten consecutive times, the odds of getting red on your next roll are the identical as for the previous roll.
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