Is the Martingale system too good to be true?

13 April 2012
Is the Martingale system too good to be true?

Online gambling is filled with many different strategies. Some of which sound like a good way to maximize odds. However, if it sounds too good to be true, chances are that it is. Take the Martingale System used in online roulette for example. This system requires that gamblers place a bet on Black or Red, and upon losing, they double the bet. This happens until they either win, or lose so many times that they reach the table limit. This system might sound good, but here are a few reasons why it’s too good to be true.

Short term strategy?
The Martingale system is often regarded as a short-term winning solution. It’s still gambling – just a different type. Instead of gambling that the next spin will land on a specific color, the player is gambling that they will win a small amount before losing a large amount. In a good streak the player will be able to win a lot in a short amount of time. In an unfortunate follow up of events, the player will more than likely wind up with less money than they started with.

We have heard various reports of players having incorporated the system in their general strategy, but also heard reports of players not being as fortunate.

What’s your take on the Martingale system? Are you a fan or a scepticus?

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