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Martingale Roulette Strategy
Roulette perhaps the most iconic of all the classic casino games. The instantly recognisable roulette wheel, the rattling sound as the ball goes spinning, and that age-old question: “red or black?”
Roulette online can be a simple game. But there are a number of roulette strategies you can use before stepping up to the table. We’re going to look at one of the popular approaches now of how to play roulette: the Martingale Roulette Strategy.
How the Martingale Strategy works
The Martingale Strategy basic principle is this: you bet one unit from your bankroll. If you win, you bet one unit again. But if you suffer a losing spin, you continue to double your bet each time, ensuring that you are only ever one win away from breaking even.
Let’s put that into practice. Imagine you’ve got a bankroll of $1000. Each bet unit is $10. And you’re placing a bet with a 1:1 payout – so in this case, we’ll bet on red.
You bet one unit of $10, and you win. That puts you $10 up – so keep that aside as profit.
Now you bet again. Another one unit of $10, but you lose. In this case, your next bet consists of two units. If you win, you get $20 on top of the $20 staked, and you’re back level.
If you lose two bets in a row, you would then bet four units, then eight units and so on.
Testing the Martingale Strategy
We decided to try the Martingale strategy in roulette with a $100 budget. We started with small $5 bets on red. Every time we lost, we doubled our bet, as the strategy suggests. At first, it seemed easy – we won back my losses and made small profits. However, after a few unlucky spins, we quickly reached higher bets, losing $40 in one streak. Soon, we ran out of money to double the next bet. The strategy works if you have a big budget, but with only $100, it was risky and we ended up losing it all.
Conclusion: Martingale is not a safe strategy for small bankrolls.
Pros and Cons
PROS
- You can recoup all previous losses in one single bet
- Helps to accumulate small profits that you can set aside
- Easy-to-follow system compared to alternative strategies
CONS
- You need to have a large bankroll in case of a lengthy losing streak
- Five, six or seven-game losing streaks require large wagers to recoup losses
- By resetting with each win, the Martingale Strategy doesn’t capitalize on winning streaks