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The Martingale Gambling System

Some people look up in the sky and claim they have been there. These stories usually include a traumatic kidnapping by little grey men with big eyes. Other people swear that Elvis served them their Happy Meal somewhere in northern Michigan. Still others wear tinfoil hats and insist that black helicopters are following them. Probably, it is exactly the sort of people who will also insist that a good roulette Roulette system is the path to riches. Among the most popular systems that people insist on losing money is the Martingale Gambling System.

The heart of this strategy is the act of making even-money bets, and doubling the last bet until you win. So let's say you bet $1. If you lose, your next bet will be $2. Once that one is also lost the third bet will be $4. This goes on and on until you eventually win. Theoretically, when you eventually win, you will regain all your losses plus $1. After winning you start all over again with $1, or whatever you have determined will be your financial starting place. If you are Bill Gates you can probably play this system and do well with it. Deep pockets are the only way this one will work. Starting at $1, doubling each time, within 15 bets you are over $30,000. That is just how fast the numbers go up.

Another hindrance to this system is the limit that many casinos have on betting at the Roulette table. So in order to have this system work for you, a player must have access to huge money in a casino that has no limits at the Roulette table.

Monday, May 12th 2008
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