Casino & Gambling Information

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".


MORE RESOURCES:
Google

Casino gambling
Pittsburg Morning Sun, KS - Jul 3, 2008
I just watched the latest TV blurb promoting casino gambling. Are these people out of their minds ... or what? Are they trying to remind us of the good old ...


On Water Gamboling, Casino Gambling, And A Fond Farewell
Tampa Tribune, FL - Jun 29, 2008
By STEVE OTTO Red Hogan e-mailed a letter commenting on a recent column and suggested another way of saving gas he hadn't seen much written about. ...


Editorial: Casino gambling
Naples Daily News, FL - Jun 24, 2008
There was a lot of hoopla in Immokalee the other day when Las Vegas-style casino gambling debuted at the Seminole Immokalee Casino. ...


Ireland Newest Country To Consider Casino Gambling Regulations
Casino Gambling Web, FL - Jun 21, 2008
Casino gambling is growing extremely quickly around the world. It has the kind of momentum that will not be stopped. Many countries have accepted that, ...


Friends tried to save former Charger
San Diego Union Tribune, United States - 14 hours ago
... guilty to drug charges in early 2007, got involved in big-ticket casino gambling and was charged with urinating outside a downtown San Diego club. ...


A Slots Case Study
Bangor Daily News, ME - Jul 5, 2008
By BDN Staff For the last five years, Mainers have debated the relative merits of casino gambling, and in two of three votes decided the risks outweighed ...


Casino Gambling Web Provides Full Coverage of 2008 WSOP Events
PR Web (press release), WA - Jun 9, 2008
Casino Gambling Web is a premier gambling news website that once again this year will be providing full coverage of all WSOP events. ...


Macau Casino Gambling Regulations Being Tightened By China
Casino Gambling Web, FL - Jun 11, 2008
The Chinese government worries that there is a negative impact being felt in Macau because of the casino gambling industry. They have decided that the time ...


State representative hopefuls answer questions
Scituate Mariner, MA - Jul 1, 2008
Deval Patrick?s plan to allow casino gambling in Massachusetts. All four were against caps to state school building aid. All four supported same-sex ...


MemphisRap.com

'Pacman' Jones Pays Off $20K Casino Gambling Debt
MemphisRap.com, TN - Jun 10, 2008
Dallas Cowboys cornerback Adam 'Pacman' Jones has paid a $20000 gambling debt to Caesar's Palace after Las Vegas authorities threatened to file felony ...

Casino-Gambling - Google News

home | site map
© 2006