When you play roulette online, you will discover that it is purely a game of luck and not of skill. However, experienced gamblers can make use of betting strategies so that they can maximize their winnings. This Martingale roulette system will inform you about betting strategy that is best suited to win.
What is the Martingale Roulette System?
The Martingale system is a reliable betting strategy that is best suited to roulette, where the odds of getting a red or a black slot is close to 50%. This strategy takes advantage of the roulette system. Basically, it asks the player to double their bet every time that they take a loss.
The Martingale strategy can be applied to a number of games available at licensed online gambling sites. The name of the strategy has been attributed to a London casino owner who was active in the latter half of the 18th century. His name was John H. Martingale and he is credited with being the inventor of this strategy.
Many people realized the logic and intuition behind the Martingale strategy. In 1891, a famous mathematician and gambler called Charles Wells visited the casinos of Monte Carlo with £4000. He made use of the Martingale strategy and managed to convert his initial £4000 investment to a million pounds. Towards the end, Wells walked away with more than 4 million pounds.
The main logic behind this system is that a gambler is going to win at least once. If you are patient and have a decent bankroll at the beginning, then this strategy is ideal for you. All you have to do is double your bet with every loss. When you do win, you will win back all your losses.
Martingale betting can be used to win real money while playing roulette, because the chances of hitting a red or a black is approximately 50%. If you invest in a series of outside bets using the Martingale betting system, you will be able to make a good bit of cash. It is the most popular betting strategy for French roulette.
How to Make Use of the System for Roulette
The best way to take advantage of the system is to restrict yourself to making outside bets while playing. The best online roulette casino Canada has to offer, will let you make as many outside bets as you like. Outside bets are the safest bets that you can place.
By taking advantage of the roulette even odd strategy, you need to double your bet amount each time you lose the bet. You will win at least once, since the probability of even/odd or red/black is approximately 50%. When you do win, you will be able to win back all of the cash that you had lost previously.
However, it’s advised that you quit while you’re ahead. All roulette wheels have one or two green slots – which are put in place to give the house an edge. There are betting limits in place at any roulette online site in Canada, which is why you need to be smart. Once you win a good bit of cash, stop playing.
What is the Gambler’s Fallacy?
Inexperienced gamblers all over the world are subject to a phenomenon known as the gambler’s fallacy. It has been studied extensively by behavioural economists as well. It is also called the Monte Carlo Fallacy – which is a situation where players fail to realize that the successive events in gambling games are independent of each other. For example, if the roulette ball has been landing on the red slots for a long time – many people seem to think that it has a higher probability of landing on the black slot the next time. This is the gambler’s fallacy which you need to be very careful about.
Does the Martingale System Work?
The Martingale strategy is the only betting strategy in the world that even comes close to a roulette sure win method. The betting system works only while you are dealing with outside bets. You should also be careful and keep in mind that the casino has the ultimate upper hand in all the situations.
Modifications of the Martingale System
Here are some of the modifications and tweaks that many gamblers have made to the system. This has allowed them to apply the betting strategy while playing games like blackjack, slots, poker, etc. as well.
- Reverse Martingale: This betting strategy instructs players to double their bet whenever they win and to halve their bet whenever they lose. This betting strategy is ideal for people who are cautious and conservative. It will help you to minimize losses and earn a good bit of cash also.
- Fibonacci System: This is a variation of the Martingale system where the bet is increased by a Fibonacci factor after every win. If there is a loss, then the bettor returns to the beginning of the Fibonacci sequence (1-1-2-3-5-8-13-..) It is an effective betting strategy for new players.
Pros and Cons of the Martingale System
Here are the pros and cons of the Martingale betting system. Go through these so that you can apply it properly while playing.
- It is very simple to understand. It can be easily understood and applied by even the most inexperienced gambler.
- The system is ideal for games like roulette. As long as the win-lose probability is 50%, it can be applied.
- It is statistically reliable as well. The primary assumption is that a win is certain at least once in the future. It makes intuitive sense from a mathematical perspective also.
- It is not ideal for complex and sophisticated bets. It’s suited for simple bets.
- You also need to be wary of betting limits and the house edge while playing. Otherwise, you may suffer from a series of devastating losses.
Last of all, you should be careful while playing any gambling game. Do not spend a lot of money using the Martingale strategy if you cannot afford it. If you have to quit while you’re on a losing streak, you can lose a very big amount. It is important to understand the pitfalls of this betting strategy. Just repeat:
You increase your bet after every loss, so when you eventually win, you get your lost money back and start betting with the initial amount again
Q.: Is it legal to play roulette in Canada?
A.:Yes, it is completely legal to play online roulette in Canada. As long as you play at a regulated casino, you will be fine. You also need to be 18 years of age (19+ in Ontario) and older to play the game.
Q.: Is there a guaranteed system to win at roulette?
A.:While there is no system to win at roulette, you can maximize your winnings by making use of the Martingale betting strategy. It is the most effective roulette strategy that works.
Q.: Is there a trick to win roulette?
A.:No, there are no tricks that you can use to win at online roulette. It is purely a game of chance. But you can read this guide.
Q.: Is roulette rigged?
A.:No, internet roulette makes use of random number generating software that are tested and standardized by regulators. Roulette games aren’t rigged at all.
Q.: Does the Martingale system work in Roulette?
A.: As long as you make outside bets in roulette, you will be able to reap the benefits of the Martingale betting system.