The Martingale, also known as the double up method is an old and popular staking plan amongst roulette players and it dates back almost to the inception of the game. It is used on the even chance bets and it’s very simple to understand and use.
You start out by picking any of the even chance bets (usually one of the colours) and then you place a small bet on it. Then when you lose, you double your next bet, if it losses again, you double again and so on until you win. You keep doubling your bets over and over until you win and when that win comes in, you go back to betting the original amount. So if you start out with a bet of 1, the progression that you work your way through after a loss would look like this –
1 – 2 – 4 – 8 – 16 – 32 – 64 – 128 – 256 – 512
The maths with this system certainly adds up – you will always be left with a small win once your colour lands and your previous losses have been covered. As you can see from the line above, the amount that you need to bet is small for the first few losses, so this would appear to be a perfect system that is safe to use and can rack up the wins quickly.
The problem is that the amount you need to bet doesn’t stay small forever – it adds up very quickly and going off the line above, you will need to bet 512 after 10 losses on the trot. What you need to remember though is that even when you are betting 512 after 10 losses, your overall loss is nearly double that once your previous losses have been added together.
You also need to remember when using the Martingale that casinos both on the Internet and in the real world impose betting limits to roulette games and they do this to protect themselves from players with large bank balances using the Martingale. Think about it, if someone walks into the casino with 10 million dollars, they could afford to lose 24 times in a row which is extremely unlikely to happen and the casino will lose out to this player.
While such a player probably doesn’t exist, the point still remains – the casinos don’t want people to be able to continually cover their previous losses and the betting limits stop them from doing that. The limits are relatively low in comparison to the amounts you would need to go to with the Martingale so the casino does not fear such players.
Therefore before using this system, you need to take the table limits into consideration when deciding your staking plan and be prepared to take the loss when you hit the betting limits.
Reverse The Rules – The Reverse Martingale System
One of the biggest problems with conventional Martingale betting is that you need a large bankroll to cover previous losses which will need to be funded out of your own pocket, particularly in the beginning. To get around this, you can increase your bets after a win rather than a loss, thus increasing your bets with the casino’s money rather than your own.
So, if you were betting on a colour, you would start out with a small bet of 1. If you win, you will be paid back 2. Now bet 2 on that same colour. If you win again you will be paid 4, now bet 4 on the colour. As you can see, you are increasing your bets off the back of the casinos money – you are rising a winning wave.
What you need to do is pick a point at which you would be happy with the win and then walk away. The longer you try and ride the winning run, the more you will win, but the more sickening it will feel if you pushed your luck too far so your quitting point would depend on how lucky you feel.