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Martingale Wagering System – Can You Use It To Bet Online? /

Martingale Wagering System – Can You Use It To Bet Online?

If someone were to show you how the Martingale wagering system works on the back of a napkin, we're certain you'd think it was a dead cert to make money at the casino. And, in theory, you wouldn't be wrong. But theory is one thing, and how casinos function in the real world, is another. As a result, utilising the Martingale system would prove to be fatal. Not because of its functionality. But rather due to the betting rules in place in all casinos. Namely the maximum table betting limits.

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Can I Use the Martingale Wagering System Online?

View any casino table for more than 15 minutes and take a good look at the betting patterns taking place. With a trained eye, you’ll quickly see that the players are able to create some wonderful strategies in the hope of bagging some winnings. As much of gambling relies upon the inclusion of a huge amount of luck, it’s not surprising that players turn to weird and wonderful strategies like the Martingale wagering system, to find success. Even though, in their heart of hearts, they know it’s not possible to get one over the casino, they still persevere in the hope of being able to win the jackpot online.

Most of these strategies look like failures from the start. But there is one very popular strategy that, from a purely mathematical perspective, does look as if it has potential. More often you’ll see this method used at the roulette table. It’s the one and only Martingale system. Though it’s been popular for many years, with some players swearing by its use, we should ultimately ask ourselves, does it actually work? When you think about it, could there possibly be any system that the casino would allow you to utilize in order to beat the house edge when playing casino games like roulette? The answer is probably a firm no!

But feel free to try it out utilizing the free play roulette to be found at Bodog Casino. You can see whether it works without any risk to your bankroll. You’ll then discover first-hand, that it can’t help increase your jackpot winning chances.

How Does the Martingale Wagering System Works

In many ways, it’s not surprising why the Martingale wagering system continues to be such a popular roulette strategy. Probably the main reason is its simplicity. There are no difficult equations to learn. And it needs no strong mathematical abilities. In fact, there’s nothing to even memorize. And on top of that, you don’t even need a deep understanding of the game at hand. In fact, so simple is the strategy, that you don’t need to really focus too much on what’s happening during the gameplay.

The way it works in the following manner:

Step 1: Bet the Table’s Minimum

As you’re probably aware by now, here at Jackpotfinder.com we’re very fond of sticking to betting at the minimum table limit. When you’re using the Martingale wagering system it’s essential that you start low. Otherwise, the bets can quickly become expensive. If you’re playing online then it’s quite possible that the casino, like Bodog Casino, will allow you to bet for less than £1 at the roulette table. When placing your bets, they should be on outcomes with the probability of 50/50. For example, red/black or odds/even.

Step 2: After Every Loss, Double Your Bet

If your bet was unsuccessful, then you simply bet again on the same type of 50/50 probable outcome bet. But this time you would double your wager. Now, for as long as you’re on a losing streak, you will continue to double each consecutive wager. This will carry on until you’re prevented from betting more due to the table betting limits.

Bodog isn’t just super-safe but also super-fun

Step 3: When You Win, Return to the Original Stake

Conversely, if your wager is successful, then you return back to the initial minimum bet and start over again. The idea behind the strategy is that by doubling your bets after each loss, you will eventually have a win that will cover all your losses. As well as giving you a small profit in the process. In theory, if this process is continued indefinitely, then the probability of you turning a profit is going to be increased.

For example, starting out with a £1 wager, and doubling after each loss with the losing streak of four losses followed by a win, then we’ll see that your losses are covered. And you’ll even end up with a small profit of £1. Although in this example the profit isn’t huge, it’s an illustration of the foolproof nature of the Martingale wagering system. Now we’ve covered the positive points, maybe we should look at some of the negatives. And why you won’t see any professional gamblers utilizing the Martingale system.

Why Doesn’t Everyone Utilize the Martingale Wagering System?

If you’ve read the above, then you probably think the Martingale system is totally foolproof. In which case you have to ask yourself, why is every table player using this system now? After all, if it’s a genuine means of turning a profit, then you should be able to see all players utilizing it at all times. Yet for some reason, it’s not everyone’s choice of strategy. That’s because there are two important reasons why it’s not more commonly in use.

Firstly, every casino will have maximum wagering restrictions when it comes to playing roulette. This means that you can very quickly reach a point whereby you cannot continue to double your losses. This would mean you would be unable to convert your loss into any profit.

Probability Negates The Wole Wagering System

The second reason is more to do with math and probability. Let’s imagine that you were able to find a table with no maximum wagering restrictions. Then playing with the Martingale wagering system would need an unlimited source of funding. That’s because it’s difficult to predict just how large your losses can be. If for example, you were to start with a single £1 bet, playing at a roulette table with the table betting limits set at £500, then with just nine losses you would be unable to place any more bets. Your final bet would be £256. So the real problem here is that with the Martingale system, a losing streak could easily wipe you out completely. It also means that it’s possible you could waste an absolute fortune in just 9 spins. And end up with nothing to show for it.

At this point, we can hear many of you argue that the possibility of betting on a 50/50 bet, such as red or black, and losing 9 times in a row, is highly improbable. But this would mean you were resorting to the Gamblers’ Fallacy. You have to remember that even though the probability of any bet is 50/50, every outcome of every event on the roulette table is 100% random. This means that you could bet on the red 1,000 times and lose by 1,000 times. In other words, there are no guarantees. And it’s impossible to predict when either a winning or a losing streak will come to an end If you add the fact of the table wagering restrictions to the system’s possibilities, we can see that the Martingale wagering system is totally pointless and as such, redundant as a gameplay strategy.

So Does the Martingale Wagering System Work Online?

The limits of the Martingale wagering system don’t just apply to brick and mortar casinos. They apply to every casino whether online or off. That’s because online casinos are very similar to their brick and mortar brethren. They will have the same rules and restrictions in place when it comes to table betting amounts. If you head over to any reputable online casinos, like Bodog Casino, you’ll see that they all have maximum wagering requirements attached to roulette jackpot games. This means that when you’re playing online, you simply can’t afford to count on the Martingale wagering system to bring you any real profits over the long term. As such, we suggest that this is one of those jackpot winning strategies that you forget about.