Martingale Betting System Overview
Martingale betting system is considered to be almost three hundred years old. It is thought that this betting strategy was created right after the invention if the roulette wheel by Blaise Pascal in 18th century.
People loved to play roulette game and wanted to learn how to beat the wheel. Being a pure game of chance, roulette attracted lots of gamblers from all over the world wishing to win big due to high odds of roulette. Players were trying to master their skills not taking into account that every spin of roulette wheel is an independent event not influencing the next outcomes. No roulette betting strategies can work on practice only if there is a biased roulette wheel at thetable.
However, the oldest Martingale betting system has lots of it followers, so let's consider it carefully.
Martingale betting system
Martingale system is also known as doubling up system or progression system. The main idea of this roulette strategy is to place only outside bets on black/red, even/odd or high/low and double up the amount of every next bet in case of loss. It is believed that this way a player will cover all the losses after the winning.
For example, the initial bet is 5 units that will be doubled up to 10 units in case of the loss. If a player does not win again, the previous 10-unit bet has to be doubled up again to 20 units. The next bet for roulette spin must be 40 units according to the system. If the player luckily wins, the sum of bet has to be reduced to the starting 5 unit amount. It seems to be logic to place bets at the same place at the roulette table to increase the chances of winning but it should be taken into account that every roulette table has its table limit for bets and such constant increasing can make players exceed that limit.
It is considered that Martingale betting system is actually efficient in the short run and it is advised to place double up bets only 8 times in a row.