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roulette

Discussion in 'Gambling' started by dantheman23, Feb 26, 2009.

  1. dantheman23

    dantheman23
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    I've been trying to get rich quick for a good few years now and do a little on-line poker and casino betting and came across this system a few months ago and have been making steady profit ever since,
    I play on-line roulette and have used this system in real casinos and so far always making money from it,
    It's called the martingale method,
    Basically you start with at the very least 20$, what i do is place 1$ a time on red( of course), If you win you get your initial bet back and obviously win another dollar,If you loose you double the next bet to 2$ and if this wins you go back up to where you were before. So to start out with 20$ you could loose it all in 5 spins of the wheel but you would be very unlucky for this to happen( having said that i recently lost 8 spins in a row recently loosing 128$ but i blame this on spending too long on the same table.
    you should probably play for 15 minutes max on the same table(i'm paranoid about on-line casinos)

    I started out with 50$, worked up to around 300$ in a few days, back to 180$ after my 8 bad spins and now up to 200+$ again.


    I copied and pasted the system to explain it a little more........







    The Martingale is the basis for most roulette betting systems. This betting strategy is widely used in any casino game that pays even money, i.e. you stand to win the same amount that you stand to lose (payout is 1:1). In the game of roulette, even money bets are wagers on groups of 18 numbers, such as black/red, low/high (1-18 or 19-36) and even/odd bets. The technique is simple – you start your betting at a certain amount, and double the bet after every loss. This way the first time you win covers all previous losses, and wins you a profit equal to the initial bet.

    The martingale method was popular in France during the 18th century, but can’t be fully implemented in modern casinos, where there is a fixed table limit. Even if there were no betting limit in place, the fact that players don’t possess infinite wealth is what limits them from carrying out this method to completion. Doubling your bet every round means that your bet grows exponentially, and will reach very big numbers very fast. Take, for example, an initial bet of $2. After only 10 rounds the amount being wagered is $1024, while all you stand to win, after covering your losses, is the initial $2 bet. This is how the Martingale has been the downfall of many gamblers. Still, it’s a fun system to check out if you know your limits, and can yield profits in the short run.
     
  2. pooldublin3

    pooldublin3
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    very interesting il be trying that out, nice one.
     
  3. GaryMc

    GaryMc
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    Take my advice, stay away from any online roulette, blackjack or arcade type games. The Martingale system is well known system in gambling and I used in the past to make some money on betting on Odd/EVen scores in Premiership. That is something that is unpredictable with the chances of a mid table team drawing one in four fairly likely.

    The odds in real life casinos are sligthy in favour of the house, so in theory the martingale system can work if you want go on forever. The chances of going on a bad run though is pretty likely. The problem is though that you need seven or eights wins before you can afford a lose. On these a lot of these online systems, you dont know whats going on in the background. I have heard alledged stories were you 'could' be rated, so what happens is that you win a while at the start to get you in. Overtime you will win less and less and eventually you will be cleaned out. It does not matter what 'table' you are at in online world.

    Don't get sucked in.
     
    #3 GaryMc, Feb 26, 2009
    Last edited: Feb 26, 2009

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