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".

---

Football Handicapping List

This will not be a long ad to buy our... Read More

Playing Online Poker For A Living

Playing online poker for a living is absolutely doable, but... Read More

Introduction to Texas Holdem Strategy ? 3 Concepts

Concept #1 ? Pot OddsLong-term profits in holdem come from... Read More

Earn Money Playing Slots...or not

Yay, what a life would that be - sitting behind... Read More

Gambling Myths: What You Absolutely Need to Know

Gambling is considered a game of luck and chance. As... Read More

Texas Holdem Poker Terms

If you're new to Texas Holdem poker this article will... Read More

More On The Endings Of Poker Tournaments

Previously I've written about tournament end games, and about how... Read More

John Ascuaga?s Nugget Casino Reviewed by Thehooks

The Club Cal Neva sports book is located on the... Read More

You Can Make Poker Less Painful (or--A Pain in the Arse can be Removed ...without Surgery)

As you will read in this article, the removal of... Read More

Las Vegas Entertainment and Business Meetings

When arriving in one of the most exciting cities on... Read More

Tips On How To Gamble

How would you like to have your name on a... Read More

Ways to Earn Extra Cash in Order to Enter Online Sweepstakes for Money

We all like to take a break from reality, play... Read More

Video Poker - The Basics

After Blackjack and Craps, video poker gives you some of... Read More

A Receipe to Success

FreeAdGuru Steven says it is all about pre selling. Do... Read More

Be Careful or Your Poker Nuts Will Get Crushed!

The origins of the phrase "poker nuts" are uncertain although... Read More

The Secrets of the Outside Numbers

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

Video Poker - Choose the Best Machines

There are three basic types of video poker machines:* Jacks... Read More

Las Vegas Whales

What Las Vegas jargon names "whales" is in fact the... Read More

Slot Machines

On average, one third of the casino's total revenue is... Read More

Online Poker Chips Away At Sexual Stereotypes

Women are being increasingly attracted to the excitement of online... Read More

Pro Football Betting

Did you know that most recreational bettors don't make a... Read More

Beating The NFL: A Guide To Smart Sports Betting.

Well folks, here we are. It's August 13 as I... Read More

Gaming Winners

Before you plan a trip to Las Vegas or Atlantic... Read More

The Secrets of Cold Tables

The CrapshooterThe Secrets of Cold TablesPssst...! Wanna know a secret?How... Read More

The Secrets of Martingale Systems

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

Our Gambling Vacation To Louisiana

Before I begin to describe how we prepared for and... Read More

Learn to Play Poker Online in Order to Make Money - Pot Odds

For most people, there are only two real reasons to... Read More

3 Great Tips To Make More Money Playing Online Poker

There are three very important things that you should have... Read More

The History of Poker Chips

Gaming chips have been made from a wide range of... Read More

2005 AFC North Football Preview

In the AFC North I expect to see the Pittsburgh... Read More

Information - Do Not Bet Without It

Information is the key.In how many circumstances is that applicable?... Read More

The Secrets of Converting Come Bets

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

Video Poker - Should You Play Maximim Coins?

The arguments are almost endless about whether or not to... Read More