Martingale on Roulette
The Martingale on roulette can recover your losses in a single wager but at the same time is dangerous because your bets can quickly get out of hand.
In order to use the Martingale System you double your wager with each loss and only return to your original bet after a win. The ultimate goal of the Martingale strategy is to return all your losses eventually with one win. While you are winning, or even if you have an occasional loss, the thought of doubling your bet isn’t too daunting, but a few losses in a row soon highlights the dangers of this popular strategy.
All strategies can fail you eventually
Choose a starting wager, or base unit, and stick with it. In this example I’ll use a $5 base unit.
If you bet your $5 on Red or Black and have 10 losses in a row, you’re in trouble. Suffering a number of consecutive losses happens more often than you think, even when doing safe bets. In order to get back your losses you would eventually be wagering $2,560. How confident are you on the next roll of the ball and how far are you prepared to go?
You must also consider that if, after betting $2,560 and, you win then you’re still only $5 in profit.
Is Martingale worth it
If you have the cash to continue chasing your losses and bet on even money bets, such as Red/Black, Odd/Even, or 1-8/19-36, then Martingale will likely pay off eventually. The downside is you may run out of cash before get that elusive win.
My tip is don’t be reckless with your betting and start with small bets. Had the $5 example above been $20… well… you’d be putting $10,240 on the line after 10 losses in a row. Can you do that comfortably and still put a roof over your head?
Martingale Recommendation
Start small and be happy with small wins. Prepare yourself for large losses while chasing small gains. In my opinion it isn’t worth it.