Have you ever heard about the Martingale roulette system? This is simply a method tried by thousands of people who want to make money from roulette. So, what is the Martingale roulette method, also called the “Martingale System,” and can it really beat roulette easily as promised? The quick answer is “NO!” Let me explain what the Martingale roulette strategy is and why this system would never be able to beat roulette, in this article.
What is the Martingale Roulette System?
To understand it better, you need to know what the Martingale roulette system is first. Let’s say you are at a roulette table. In roulette, it is always possible to bet on something with a 50% chance. For example, you place a bet on the color red or black. If you start with $1 for the color black and you lose, at the time you lose, you must bet double the amount you previously bet. So, in this case, if you lose $1, you need to bet $2 for the next spin. If you lose again, you need to bet $4. You practice this each time you lose, with doubled bets for the color black. The Martingale Roulette system is actually that simple, and it is said that you would definitely win at some point.
When you win, you should take your profit and start with the same amount as your initial bet. If you win $2 with your $1, you should save $1 and continue with your original capital. In this case, your profit is $1 once you win. It’s up to you whether you increase the total by the time you win, but you should always double your last loss. It might sound logical and sustainable, but the actual scheme is not as easy as this.
Why the Martingale Roulette Strategy Doesn’t Work?
It’s very simple. You don’t have endless money, time, and patience for that. People promoting this method would never use it themselves since they just use the theoretical information from it. In practice, gambling has many effects on human psychology. I would like to continue with the words of the so-called Martingale roulette specialists. They promote this system to attract traffic to gambling websites.
What They Say About This System?
So-called specialist: “Bet with money that you wouldn’t regret!”
This is the most foolish comment I have ever heard in my life. Well, can anybody show me an example of a person in the world who wouldn’t be upset by losing $1? Do you think there is one? Of course not. There’s no such amount you wouldn’t be upset about when you lose. Any amount you lose is “lost.” If you wouldn’t feel sorry for this money, buy a meal for a stranger on the street. The feedback would definitely make you feel emotionally positive, and you wouldn’t feel any regret or stress afterward.
So-called specialist: “Start with a certain bet. When you lose your bet, double the amount and repeat this cycle each time until you win! When you win, you are in profit! (Martingale & Fibonacci System)”
Yes, it sounds perfect theoretically, but do you have any idea how it works in practice? No! Let me tell you. This system focuses on possibilities with the belief that a win will definitely happen! Yes, it might be apparently correct since it’s not possible to have endless losses with endless attempts. Here’s the actual question: In which turn will you win?
If you are trying to decrease your risk, you should gamble on 3 so-called minimal risk options in roulette: Red or Black, Even or Odd, and numbers between 1-18 and 19-36, which pay double. The risk here is fifty-fifty. So basically, your chance of winning is only 50%, which is exactly equal to the chance of losing! Let’s say you start Martingale roulette with $5. If you cannot guess correctly 11 times in a row, you may end up with a loss of $5,120 with Martingale roulette.
How Can This Happen?
Very simple! In 1st turn: $5, 2nd turn: $10, 3rd turn: $20, 4th turn: $40, 5th turn: $80, 6th turn: $160, 7th turn: $320, 8th turn: $640, 9th turn: $1280, 10th turn: $2560, 11th turn: $5120 lost! It could happen within just 15 minutes!
The possibilities of high risks are never explained. Even you yourself don’t want to believe in this perspective. You never give the possibility of losing 11 times a thought. But let me tell you the story that happened on August 18, 1913, in Monte Carlo. The color black came up 26 times in a row, and people bet on red in huge amounts because all they expected was red. The ball fell into black for the 27th time, causing a huge loss for those millionaires. So, the possibility of winning and the possibility of losing are always the same.
And also, what if you have started with huge amounts, or you have millions of dollars in your account and you are obsessed with the Martingale system? Let me point out some terrifying numbers for you. Assuming your luck doesn’t work, and you are able to make it to the 20th turn. Your loss would be exactly $1,310,720! You may say, “For God’s sake, who would give this much money to gambling?”
Many people out there in Vegas lose these numbers overnight in casinos. You may not believe it, but many millionaires go bankrupt in a single night. And besides, there are many people who lost a lot of money with the Martingale roulette system even though they started with just $5. Maybe their entire savings were $5,000, and they lost it within a couple of minutes just because they believed and followed this system.
A New So-Called Method
So-called specialist: “Start over with your starting point when you lose and double the money when you win. In this method, your loss wouldn’t hurt you!”
This is the method they are trying to promote as a new version of the Martingale system. When they talk about this method, you would really feel comfortable and relaxed since it really looks so safe and promising! So, what do they mean by this method?
It’s simply like setting a very small budget to avoid losing a much higher amount in the end. Well, let me explain it to you with an example. Let’s say you start with $5 and gamble on the color red. When you win, you must leave all the earnings and make another bet with your winnings and capital, which is now $10. The system doesn’t set any upper limit and leaves you alone by saying, “Stop when you feel satisfied.”
Contrary to Martingale roulette, if you lose once, you have to start from the amount with which you began, which is $5. Well, it sounds good. You would enjoy it, and even if you lose, you wouldn’t lose too much in the end. But there’s always a catch in gambling, which is very important here.
You May Also Like: Real Devastating Gambling Stories
Those storyteller promoters forget or intentionally do not talk about human feelings here. Gambling is not based on logic; gambling is a trap of brain chemistry. Unfortunately, our brains find it very hard to remain calm if you suddenly turn $5 into $1,000. Theory makers never factor in feelings in their calculations, but the possibilities never change the realities. Unfortunately, human feelings, particularly the dopamine hormone, take control of your system, even though you believe you are fine. It has happened to me and many others.
Of course, there are some people who can stop themselves, but for how long, I am not sure. So, in this example, if you are lucky and make 10 consecutive turns, you would have earned around $2,560 with only a $5 investment! Your self-confidence would turn this cash into an advantage, and you would probably continue by taking higher risks. Even if you lose, you would never start with $5 again since you have already experienced the dopamine rush worth $2,560.
Dopamine hormone is the key player in the gambling sector, and I will be discussing it in detail in another article soon. Please keep following this platform via YouTube or Facebook to get notified of more informative gambling facts. It is also necessary to increase awareness about gambling globally. The majority of people are still not aware of this trap and consider gambling as fun! It is extremely fun, but our factory settings are not equipped to handle such excessive levels of adrenaline. Let us reach those people and wake them up from this illusion as soon as possible. Gambling ruins lives, not only for the individuals involved but also for their families.