The Martingale System

Ahh... the Martingale System.  Every serious gambler has thought about using it at one point or another.  This system is played with even payout games or bets.  You would want to play (I would never play this system and do not recommend it) preferably the lowest minimum table that you can find, but for this example we are going to use a $5 bet.  The idea is that you will keep doubling your bet until you win a game.  If you win a game, your bets will drop down to the original $5 bet.   Okay so here are a few situations that could unfold.

Scenario #1

You bet 1, $5 bet and you win!!  You are up $5 on the Casino

You bet 1, $5 bet and you win!! You are now up $10 on the Casino

Scenario #2

You bet 1, $5 unit and you lose.  You are now down $5 to the Casino

Now you double your bet to $10 on the next play, and you win!

You now have won the $5 that you lost the first hand and you have the extra $5 that you bet with the $10 bet.  Your net gain is $5, in this scenario.

Scenario #3

You bet 1, $5 unit (5 dollars) and you lose.  You are now down $5

Next Roll

You bet 2, $5 units (10 dollars) and you lose.  You are now down $15

Next Roll

You bet 4, $5 units (20 dollars) and you lose.  You are now down $35

Next Roll

You bet 8, $5 units (40 dollars) and you lose.  You are now down $75

Next Roll

You bet 16, $5 units (80 dollars) and you lose.  You are now down $155

Next Roll

You bet 32, $5 units (160 dollars) and you lose.  You are now down $315

Now you have lost $315 and you want to place $320 on the table to recoup all of your losses, but not so fast you can’t bet, the Casino will not allow it.  Every floor game (Craps, Blackjack, Roulette ect….) has a maximum allowable bet on any given one hand, roll or throw.  Most $5 tables will have a maximum of $300 or $500.  The Casino’s do this because of the Martingale system.  So let’s say you flounder around a little bit and go to a higher maximum table.  So now you are at the $10 minimum table, but this table has a $1,000 maximum.

First Roll

You bet 32, $10 units (320 dollars) and you win!!!  You now have $5 whole dollars!

If you did not have a heart attack in the process of sitting on edge to try to get back all of your money, you are lucky.  Now in this last scenario you lost only 6 times in a row.  I have been to a roulette table and asked the dealer how many times they have personally seen a color repeat, she said 13 times.  In our little play game above, if you would have lost 13 times in a row, your 14^th bet would need to be $40,960, to win $5.  Not to mention, the Casino probably wouldn’t even let you make the wagers over a couple of thousand dollars.  They have the right to refuse any bet at any time and they know what you are doing.  They see these goons every day on their Casino floor. 

So you see this is absolutely a ludicrous betting system.  It should not be used unless you have an appetite for bankruptcy.

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