Roulette Martingale System – One of the oldest betting systems around has to be the roulette martingale betting system. It has been in existence for many years. Let us first understand how the roulette martingale system works, before talking about how you can increase you odds of winning.
The standard stake begins with say £1 on an even money bet like red in roulette. After that you need to bet £2, £4, £8, £16, £32, £64, £128, £256, all for a total of £1,091. With each consecutive bet your stake has to be higher than the previous one.
For example, if you bet £1 and lose, you then have to bet £3, £5, £10, £20, £40, £80, £160, £320, £640 – well remember the pattern – £1, £2, £3, £5, £10, £20, £40, £80, £160, £320, £640.
The problem with this system is that although the gambler with a long term record of losses is bound to break even eventually, he can lose even more than that. Let us take a look at an example from one of the casino’s.
The casino has a American roulette table with a choice of betting: black, red, odd, even, 1st 12, 2nd 12, 3rd 12, 1st 20, 2nd 20, 3rd 20. The punter starts with £1 and makes a £3 bet on red.
If the ball lands on any other number than red, the gambler wins £3 and loses £1. The same happens if the ball lands on red again. The only way the gambler wins is if the ball has landed on red the last four times.
The problem is that the ball has to land on red at some point and the further away the ball is from the red slot the less the chance of the ball landing on the red slot. At some point the ball has to land on red and that could be a few hundreds of spins later.
If the history repeats itself and the ball lands on the red slot fewer people will be willing to bet on red again, as they haven’t seen a profit. This will reduce the amount of money bet on red. Eventually the amount of money bet on red will be so low that not even a progressive punter would be willing to bet on it.
Another problem is that, just as bookies can push prices slightly when they know their bets are likely to lose, the bookies can also faint when they know their bets have a better chance of winning.
For example, in the EuroMillions lottery during the last week of February 2011, the odds on red were 5, 6, 7, 11, 12, 33, 36, according to the UK National Lottery website.
An interesting thing happened during the evening. The euro millions game was very favourite to win the jackpot. Most of the betting was cast on red. The result was not that many people came to play, and the few who did gifts.
In the next two hours, the odds against red were to change dramatically. Those who had backed red at Bookmakers 8, York and also the VC were beginning to realise that the trend was now to fall back to the mean. Very soon the betting began to take back the winnings that had been cast on red.
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Roulette Martingale System: How and when do bookies alter odds
marbleLottery syndicates have been running a Syndicate which involves a group of 26 players who share many of their bets. They Proposition bets and have an average of 45 players sharing 25 bets over the three hours. Each player is an independent player with a fair play over their proportion of the pool as a whole.
According to Mike Darby, the Virtual World Direct (Way back) syndicates have been running a pro-active shop so as to offer players an opportunity allowing them to change their bet and even to walk away anonymous if desired.
He said: “It’s all done in a very clever way. We have Torlan, who is our stand in and the Poker Twins, who share the winnings from the small pot. It works like a lot of other balanced wheel syndicates, but with a difference. We give each set of players a different share of the lottery pot.”
That’s the review about Increase Your Odds of Winning at the Roulette Martingale System that I can convey, hopefully it will be useful information. /Aha