Does it ever make sense to use the Martingale betting system?

The Martingale betting system is the most popular of all but will it help you play successfully?

A win by the Martingale betting system is a real win. However, when you lose, it is a really, big loss. By using Martingale, you are increasing your chances of winning in the short term. Experienced people love using the Martingale system because it is clear, user-friendly and logic. Also, it does not involve complicated maths, making it convenient for players that have no mathematical patience.

How to place bets using the Martingale Strategy

We use the Martingale strategy when betting on the outside bets. They are:

  • 1-18 (Manque) or 19-36 (Passe)
  • Red (Rouge) or black (Noir)
  • Even (Pair) or Odd (Impair)

When measured against inside bets, the ones listed above have about 50% chances of winning. If you win in this situation, the payout is 1:1, meaning you will win the same amount you placed in for the bet.

For example

If you bet one chip on red and win, you will get your chip back and an extra one for being the winner.

Understanding the Martingale betting system

The basis of Martingale betting system is the doubling strategy. The concept means that you gamble on one of the outside bets. Whenever you lose, you double your bet until you take the win home. However, the first win will get back all the losses you incurred before, giving you a profit that adds up to the bets you placed.

For example

You make a bet of £10 and win, so you bet £10 again. If you lose, you are supposed to bet £20. Another two losses require that you double your bet to £40 and £80 respectively. Though you might have felt like it was a bad night, your win will be a big one.

Does Martingale work?

Winning from the Martingale system comes with a slide; it is a big win. But, what if all roulette odds are against you and no matter what you do, you just can’t win?

The concept behind Martingale betting strategy means that you can bet for as long as you want. It is tempting to keep on going since at the back of your mind you are aware that your first win will recover your losses and give you extra for your next bet.

Nevertheless, this part of the concept works more theoretically than practically because there are many other factors influencing the game’s outcome. There is also the unfortunate event where you run out of money without a single win! Most casinos have a limit for the minimum or maximum amount that every person can bet.

Increasing chances of winning, using the Martingale system

Your trend of winning bets using the Martingale strategy depends mainly on the type of game, the amount of your original bet your bankroll.

The doubling system increases your chances of a big win only in short term bets. As you stay longer in the game, your chances of losing increase. Remember, that you cannot bet past the table’s limit and with a dry bankroll.

Risks of using Martingale

You could run out of betting money if you consecutively lose.

You could reach the maximum betting limit placed by the casino.

Whether or not to apply Martingale?

The great thing about Martingale is how huge its wins are. It is possible to make significant gains if:

1.The amount you bet is proportional to your bankroll. For example, if you have £200, 2.try bets less than £5. Divide your money wisely, to create as many chances of winning as you can.

3.You are going to play for a short time.

4.You are a risk taker and a disciplined gambler.

Important reminders for a better game

1.European roulette is far much better than American roulette

-While American roulette wheels contain both 0 and 00, European have the 0 only.

-The house edge on a European roulette wheel is about 2.7% as compared to 5.3% for the American option.

-European online rooms are easy to find, plus they have great offers and game-styles.

2.Blackjack offers good returns with smart strategy but requires a larger bankroll than usual when it comes to Martingale.

The best place to start is betting online. If you get a grip of the Martingale betting system, you are on the way to big wins.

Can Betting Strategies for Online Slots Be Successful?

Online Slots and the Gambler’s Fallacy

Wouldn’t it be wonderful if you could devise a perfect betting strategy to increase your chances of winning at online slot machines? After all, players of other forms of gambling employ betting strategies don’t they? So why shouldn’t online slot machine players?

There is something known as the gamblers fallacy, which is a psychological tendency to believe that if the same outcome has occurred an unusual number of times consecutively, then the chances of a different outcome occurring are increased. So, for example, if a person tosses a coin nine times and it lands on tails every time, the gambler’s fallacy would be to assume that on the tenth toss, the odds of the coin landing on tails again are less than are the odds of it landing on heads. In reality, however, there is still a one in two probability, because though the odds were against it landing on tails nine times in a row, past events do not affect mathematical probabilities.

There is no doubt that those playing online casino games often have a belief that some betting strategy can be employed to win big. Thoughts like “the slot hasn’t paid out for some time, surely it is due to pay out big at any moment”, or “I’m on a winning streak here, surely the next spin will mean I lose all my winnings” are common, but is this not just another example of the gambler’s fallacy? Well, to answer that question, we need to know just how ‘random’ online slots are.

Random Number Generators

If you don’t know, nowadays Random Number Generators (RNGs) are built into all physical slot machines. They come in the form of computer chips. They are algorithmic, and as the name suggests, they generate a random set of numbers, each with a value that corresponds to the symbols on each reel. These computer programs churn out numbers at an incredible rate—many times per millisecond—even while the machine is not in play. And so, at the very instant when the player pushes the button or pulls down the lever, guess what? they have no clue what those numbers are! And it is those very numbers that have already determined the outcome of the spin. So it doesn’t make one jot of difference how quickly or how slowly you press the button, or how hard you mentally will the reels to land favourably. The only input you have is when to press it, or indeed, if at all.

Okay, now that you know what RNGs are, the next thing you should know is that these exact same algorithmic programs are built into the software of their virtual counterparts in online casinos. There simply is no way of decoding it, and while no mathematical algorithm can be truly random, the sheer complexity of the code means that for all intents and purposes, it is. In other words: forget about it!

Online Slots Betting Strategy

So can you have an online slots strategy? Absolutely! But not a betting strategy for slots that would increase your chances of beating the House. Whether you simply wish to mitigate any losses, or you want to fuel more excitement into your betting, then adopting a betting strategy for slots makes sense.

Elk Studios ‘Betting Strategies’ is a great example. In their online casino, they offer the option of selecting one of four different strategies which automatically determines the bet size based on previous gameplay outcomes. This can certainly add more fun to your playing.

So, we’ve learned that online slots, with their Randon Number Generators are, although not strictly speaking entirely random, certainly impartial, and random enough to conclude that any wistful thinking about winning streaks or losing streaks, and probabilities increasing based on previous gameplay are clear-cut examples of the gambler’s fallacy. Don’t deceive yourself!

This should in no way take the fun out of playing, just don’t believe anyone who tells you they have a winning strategy for slots. The only winning strategy is to bet sensibly, and most importantly, to have FUN!