Martingale Roulette System
I saw more than one roulette
system in the years I ran the tables in a Northern Michigan casino.
Only one worked consistently (more on that in a moment), but
that doesn't mean that the others were without value. One in
particular was fun to watch. It used the "martingale system."
The idea behind the martingale
betting system is very simple, and is used on games with near-even
odds that pay out the amount bet (bet a dollar and you win a
dollar). If you lose you just keep doubling your bet until you
win. Any time you win you start again with your original bet.
For example, if you start with a one dollar bet and lose, you
bet two dollars. Lose that and you bet four dollars and so on.
Once you finally win you go back to a dollar bet.
For each of these "series"
of bets you will be one dollar ahead in this example, because
your final wining wager is always a dollar more than the total
of the sum of the previous losing bets. For example, if you lost
bets of $1, $2, $4, $8, and $16, you would have lost a total
of $31, and your next bet would be $32. Win that and you are
a dollar ahead for that series.
With no limits to your bet and
if you have unlimited money, you could always win using this
system. But in practice an unlimited bankroll isn't likely, and
this system is the reason most casino games have a "spread"
between the minimum and maximum bets that only allows for six
or seven doublings. You rarely go a day without losing that many
times in a row, whether playing blackjack or betting on "red"on
a roulette wheel. Flip a coin a thousand times and you'll see
that it isn't that uncommon for seven heads (or tails) in a row
to appear.
This means that you are likely
to lose at some point - or several times - exactly when your
bet is the largest it will be. For example, if you start at a
two dollar blackjack table the limit might be $100. This allows
you to bet $2, $4, $8, $16, $32, and $64. At that point you can't
double again to recover your losses, and you have just lost a
total of $126 on the series. Since you are only winning $2 per
series, it takes you 64 series to win that much. As you can see,
this system produces long stretches with small wins followed
by big losses in a short time.
The Roulette System
What is different about roulette
is that many tables allow for as many as ten doublings if you
know how to bet right. You can bet on red (or black) all day
long and not see eleven times in a row when a red number doesn't
come up. That means that you can often leave the casino hundreds
of dollars ahead for the day.
Let's look at how this is done,
using the table I used to run. At the time it had a fifty-cent
minimum per bet, and a $25 maximum. These limits applied to any
particular bet, though, so you could bet $25 on red, plus $25
on each red number (there are 18 of them). Now you'll probably
have to look at a roulette wheel to understand the rest of this,
but if you bet a dollar on each individual red number, it's the
same as betting $18 on red. If one comes in, you lose 17 of your
bets and win $35 (numbers pay 35-to-1), so you are $18 ahead
- the same as if you just bet $18 on red.
What this means is that your
effective spread for a bet on red was from fifty cents to $475.
That allowed for ten doublings of your bet if you started at
the minimum. ($0.50, $1, $2, $4, $8, $16, $32, $64, $128, $256).
Of course, if the wheel went twelve times without a red number,
you would lose $511.50, and you only won fifty-cents per series,
or about $10 to $20 per hour depending on the speed of play.
Still, many people used a system like this to win regularly,
with the occasional big loss.
To bet this way, you start with
your first several wagers in the series on the "red"
space ($0.50, $1, $2, $4, $8, $16). Once the $25 limit prevents
going further there, you put an even amount on each red number
and then the rest on red. For example, for a $32 bet, you put
a dollar on each of the 18 red numbers and place the other $14
on the red space. For a $256 bet you put $14 on each red number
and $4 on the red space. You might need to practice this or have
notes with you.
You can increase the the
win-per-series by modifying this roulette system slightly. For
example, you might bet like this: $0.50, $2, $4, $8, $16, $32,
$64, $128, $256. That still gets you nine doublings, but you
win about twice as much per series ($0.50 on some, $1.50 on others),
effectively doubling your hourly return.
Of course in the end you will
lose for one of three reasons. You will either get bored and
start ignoring the rules of the system, or you will have too
small of a bankroll, or you'll finally hit that ten or eleven
in a row that go against you, possibly wiping out several day's
profits.
There is one system that has
nothing to do with doubling or even changing your bets. It is
the only one I saw that worked consistently for the one man I
witnessed using it (and he used it for many months). But that
is another story.
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For the exact details of the system that worked, see Chapter 19 - I Watched Him Make $ 80,000 On
The Roulette Wheel in You Aren't Supposed
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