Oct 1, 2009 16 0 0. They are rediculously risky. I have seen a few trades done on fixed odds using martingale system but you have to have big. Hence, if a person desired to use martingale system to make a profit then he can prevent his account from getting banned by switching bookies with every other bet. This way, betting sites or bookies fail to detect the pattern and hence one can avoid one’s account ban. Caravaggio, The Cardsharps (c. 1594), depicting card sharps A gambling stand in Paris Gambling (also known as betting) is the wagering of money or something of value (referred to as 'the stakes') on an event with an uncertain outcome, with the primary intent of winning money or material goods. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance. A martingale is any of a class of betting strategies that originated from and were popular in 18th-century France.The simplest of these strategies was designed for a game in which the gambler wins the stake if a coin comes up heads and loses it if the coin comes up tails. What is the Martingale System?
So far I've been very successful with the Martingale system.. up about $10k in the past year and I play about once every other month. I don't count cards, I just play Martingale with perfect (well near-perfect) BS. I know Martingale is known to be a losing system in the long run. At times I have been down more than $5k and they definitely notice that. But of course I always make a comeback. Do Vegas and the California Indian casinos even care about someone like me winning?? Or will they just let me keep winning under the false hope that someday I'll go crazy and lose my entire bankroll?
As part of the Gamblers Pro ‘Ask Us Anything’ series, we’re answering the question “Is the Martingale system banned?” We received this question from Sherley in the UK, who claims she recently had a bonus revoked when she used the Martingale roulette strategy. Biggest vegas winners. We won’t name the casino in question, but we will answer Sherley’s question.
First – What is the Martingale System?
For those of you who aren’t already aware, the Martingale system is a popular betting system most commonly used in roulette. Although some people do use it in blackjack, and it can even be used in football and financial betting, we’re talking about the Martingale roulette system today.
How does the Martingale system work? Part of its appeal is its simplicity – you simply double your previous bet until you win. Theoretically, in the end, you’ll win back everything you’ve lost plus your original stake.
Here’s an example of the Martingale system in action. Let’s say we are betting on red or black.
Bet One: Player bets £1 on red and loses. Total losses = £1.
Bet Two: Player bets £2 on black and loses. Total losses = £3.
Bet Three: Player bets £4 on red and loses. Total losses = £7.
Bet Four: Player bets £8 on red and win. Lucky nugget flash casino. Total wins = £16.
So, you’ll win back everything you’ve lost (£7), plus your current stake (£8), plus your original stake (£1), for a total of £16.
If you still don’t fully understand how the Martingale system works, here’s a video of it in action:
Now that you know how the Martingale system works in online roulette, let’s answer Sherley’s question.
Is the Martingale System Banned?
We’ve reviewed plenty of online casinos on this site, and played at hundreds more. We’ve used the Martingale system at many of them, and we have never yet been banned or suspended for doing so.
Do you want to know why? It’s because the Martingale system doesn’t work in the long term. It’s a ‘get in and get out’ strategy, and while it can lead to short term profits, you will still lose in the long run.
There are two simple reasons for this:
Table Limits. Eventually, you’ll run into them. Even when playing high stakes roulette, you will come up against a table limit eventually. When you do, you won’t be able to double your previous bet and the Martingale system will be rendered useless.
Roulette odds. The human mind is a funny thing. We believe that because it has come out black x amount of times in a row, a red is ‘due’. Yet, you have the same odds of winning any red or black, or any other roulette bet you choose to make, on any spin. The Martingale system does not change the odds one iota.
There are lots of Martingale system success stories on the internet. Take them with a pinch of salt. There’s a good chance they’re either marketing ploys by online casinos, or they are stories written by lucky roulette players who won in spite of the Martingale system and not because of it.
The same goes for the reverse Martingale strategy. None of these roulette systems work because you can’t beat roulette with anything other than luck.
Does the Martingale system work? No. Is it banned? Also no – at least not at any legitimate online casinos we are aware of. Why would they ban something that’s no threat to them?
So, Why Did Sherley’s Bonus Get Revoked?
Sherley, we highly recommend you don’t play roulette at the casino which revoked your roulette bonus again. It sounds to us like they were looking for an excuse to not pay your winnings. While you didn’t say if you were up money or down, we’d guess that you were winning, and this casino has made up an excuse not to pay you.
Is The Martingale System Illegal
There’s no reason whatsoever why the Martingale system should be banned. Since it doesn’t help you as a player, the probability is that there was something in the terms and conditions that prohibited using bonus money for even money bets. Still, it seems harsh to ban you and revoke your bonus just for that. We’d have a look at some other online casinos instead.
Martingale System Banned List
Until the next instalment in our ‘Ask Us Anything’ series, play safe, and may lady luck be with you.
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