Martingale Online Casino Betting System
If you are a fan of playing online casino table games like roulette or craps, you have probably thought about using a betting system to increase your winnings. If you look on the internet, most people will recommend the Martingale online casino betting system. So what exactly is the Martingale system and can it really help you win money online. Originating in 18th century France, the Martingale gambling system is a so called sure-fire way to win when facing 1:1 odds in casino games like roulette and craps. In the notes below we are going to explore the pros and cons of using the system for online gambling.
How it Works
The Martingale online casino betting system is mainly used in roulette when betting on red or black or in craps when betting on the pass line. The idea of the system is pretty simple. The basic concept of the Martingale states that every time you win a hand, you make the same bet for the next hand. If you lose a hand, you double your bet for the next hand. When you eventually have a winning had again, you will always have more than what you started with.
Let’s look at a simple example of the Martingale online casino betting system. You are playing roulette and you are betting on black. You place a $5 bet on black and hope for the best. You win so you bet $5 again. Then you lose so you bet $10. You lose again so you bet $20; you lose again so you up the bet to $40. It’s not going so well and you lose again and bet $80. Finally you win again. In that series of bets you are now ahead by a total of $10.
One of the biggest problems with the Martingale online casino betting system is that it relies on the concept of unlimited funds. If you could always double your bet, you would be guaranteed to come out ahead. But in reality everyone has a limit. Even if you have the cash, many online casinos have a betting limit at the table which could prevent you from making your winning bet. You can never tell when the next winning bet will be and can sometimes get up to 13 losing bets in a row.
Short Term Betting
If you ask anyone seasoned gambler, they will tell you that the Martingale online casino betting system works best for short term betting. The longer you play, the more likely you are to lose your money. This is because the longer you play, the chances are greater that you will have a losing streak and run out of money or table limit before you can make it back with one win. Most people say the martingale system does work if you are willing to lose larger amounts of money. It is a system that provides greater rewards for greater risks. If you are going to use the system to gamble online, always understand the risks involved before playing.