roulette wheel

The Martingale System

The Martingale system is a betting strategy in which the player doubles their bet after each loss until they win. The system is often applied to roulette when betting on either red or black where the odds of winning are close to 50% and a winning bet returns double the stake. The result is that no matter how many times the player loses, they will recover their losses and a profit equal to their initial stake when they win. If the player wants to make £1 profit using the Martingale system then they can start by placing a stake of £1 on red or black. If their colour comes up then they've achieved their goal. If it doesn't? Simple, just keep doubling your bet until you win, as in the following scenario... Continue reading »