Although it is not possible to say for sure when gambling originated in the world, at least in its primitive form, it is known that it was very, very long ago. And since people started gambling, they have been trying to come up with systems in which they will not lose, on the contrary. 100, 300 and even more years pass, and yet, such a system, which is safe and without loss, is simply not possible. This is best explained by the branch of mathematics that deals with combinatory and probability. It says: if you take a coin and toss it 10 times to see if the head will fall above the tails, the probability is 1 in 1024 that the head will appear each time. The secret of the dice may lie in uncertainty since it is only progressing and improving.
While every gambler strives to devise their strategy and even when it comes to some kind of golden wire in this regard, it doesn’t last forever one day a crash will inevitably happen. However, there is one strategy that has lasted for over 300 years in the field of gambling. Every serious gambler, regardless of whether he goes to a casino, gambles online, or is interested exclusively in sports prognosis, is familiar with this strategy. You guessed it, it’s the Martingale System. At first glance, contrary to expectations, it would be said that this system is chasing losses and not gains. Still, the thing is quite simple and quite logical.
In the continuation of this text, we will get acquainted with this system, and to begin with, let’s see how it came about.
This system takes us back to the distant 18th century and London. There was one casino owner in the heart of London himself named John Henry Martindale. In the 1700s, it is known that this man used this strategy as a sure chance. Probably, the strategy was created before, but it is still named after him, but in time one letter of his surname was permuted, so instead of Martindale, the Martingale system was created. But who cares about this one word when we talk about safe gambling strategies.
This strategy is not without reason and today, so many years later, is extremely popular. It is very simple and from a mathematical point of view accessible and logical. If nothing else, with this strategy you can always pay back at least what you invested. It is the closest thing to an ideal gambling strategy. However, if gambling had remained at the level of 1700, it would have been 100 percent effective. But casino managers are not so naive and have spilled their games and are constantly introducing new rules, to reduce the effect of this and other strategies. So the long-term success of Martingale System I and how it affects limited bets, limited cash payments and certain rules imposed by casinos.
Let’s move on to the essence of this system. Players who use the Martingale Gambling System go so far as to double what they have lost each time they lose. We better clarify this with a concrete example: imagine that you invested 10 dollars and won a certain amount firsthand. In this case, after winning the initial $ 10, you set it aside. Bet on the other $ 10. This is where the magic of the Martingale Betting System comes into play. If you lose that $ 10, you bet double on the next bet, so $ 20. If you lose $ 20, you double your loss on the next bet and bet $ 40. In this order, betting continues until you make up for your losses and keep your initial profit of $ 10. And then we go all over again. You re-invest $ 10 again with each win you keep the starting capital of $ 10 and double the loss.
As we are told by www.ufabet.cam, gamblers are usually guided by logic: if you lose three bets in a row, there is little chance that you will lose the fourth. However, this is a big gambling delusion because every loss should be seen as a phenomenon in itself. For example, in the standard roulette that is practiced in America, the chance of the ball falling on the black field is 47.4%. Regardless of whether you have lost one bet or 5 before, the chance of still hitting the black field remains the same. The number of attempts does not change the probability. It is this fact that we have described in modern gambling that is one of the limitations of the Martingale Gambling System to win money every time.
Advantages of Martingale Betting System
The first advantage of this system is simplicity. Absolutely anyone can use this strategy. It is easy to use, there is no need to remember anything, count or the like. Another advantage is efficiency in ideal conditions. If the bookmakers have no restrictions, and the player has a large cash fund, the profit is guaranteed. It is simply impossible for a player to lose absolutely every hand until the end of his gambling career. Profit must come once. That is why this strategy is also called the winning strategy.
Disadvantages of Martingale Betting System
The biggest problem with the use of this strategy is that there are almost ideal conditions in casinos for this strategy. Most bookmakers, as we mentioned earlier, set certain limits and thus protect themselves from large losses. Casino managers quite deliberately leave the ideal conditions for using this strategy only for the riskiest games. These restrictions in the form of limited money and limited betting can often devalue the strategy itself.
However, the Martingale Betting System is a completely legal betting system, unlike some others, such as card counting and attempting to tune a slot machine. Bookmakers will not mind you, as their client, using this strategy. Over time and with the widespread use of this strategy, its various variations have emerged, so today we have a mini Martingale System, a reverse Martingale System, a grand Martingale System, and some others.
For all the reasons and limitations that casinos place on us, it is difficult to get enormously rich with this strategy. However, what you can count on is that you will pay off your investment. This may not be the win-win strategy you’ve been dreaming of, but try using it next time and see if it works for you.