Roulette, An Introduction To The Martingale Strategy
The Martingale system is a system that was developed in the 18th century in Europe. This system was developed to be used on a game that has the possibility of having only two outcomes. The system was first used in casinos in Paris on the game of roulette. The reason why the founders of the system chose roulette is simple; there are essentially two colours the roulette ball can land on. The third colour is the zero colour and the probability of getting this is 1:37 which is sufficiently low. This also means the probability of getting an outcome of one colour or the other is almost equal. The system has mutated over time to more aggressive forms which have gone on to win many players a lot of money.
What is the Martingale System
The Martingale system is a system that is based on the double or nothing principle. The strategy is based on the concepts of probability and expected values. The player is required to stick to the rules of the system for the system to work.
How the Martingale system works
This system is a simple system that very easy to master. The system is based on betting on even money bets, colours have been chosen for this example. Each colour has 18 members and there is one extra option left which is the zero. The zero creates a distortion of the ideal probability rules on which this system operates however it is has an insignificant effect. This system is less likely to work when it is used to play American roulette which has the double zero. The double zero further distorts the probability making it less favourable to the player.
Weaknesses in the Martingale system
The Martingale system requires a big bankroll. If a player has a limited bankroll they can go bankrupt before the win comes. Another weakness with this system is in the table limit. If the double bet goes above the table limit then the player loses the series.
Using this system may cause a technical failure which will require you to restart your browser which will lead to a loss of all the money in that series.