Martingale System – A Betting Strategy in Roulette NZ
Have you been searching for a perfect betting system that will minimize your losses on the roulette table? Look no further than the Martingale System! This betting strategy aims to recover all losses at the end of a losing streak, all the while gaining a small profit once you are lucky enough to win your even money bet. If you are up for the challenge and wish to take your roulette betting to the next level, join us within this all in one guide as we provide you with the essential data for using the Martingale Betting System at top quality online casinos in New Zealand!
The Martingale betting system originated in France in the 18th century with the basic concept that a gambler doubles their bet in the event of a loss. The bet is continuously doubled until the player wins the bet and recovers all previous losses.
For years, roulette players have implemented the Martingale system’s use as an attempt to break a losing streak and gain a surplus of profit. This betting strategy is by far the most popular roulette strategy used by millions worldwide. Roulette players spread stories of massive wins using the Martingale system, but there is an ongoing debate whether it really works.
At Casino Martini, we provide our readers with top-rated roulette sites ensuring they have a variety to choose from. If you are searching for one of the best roulette sites in New Zealand and considering using the Martingale system, we are here to settle the debate and guide you within your new roulette journey!
How to Use the Martingale System?
Players employ the Martingale betting system based on simple calculations and logic. To use the Martingale system, players commence with a low-cost bet. They then double their bet after every loss. The Martingale strategy then dictates that you should double your bet on the roulette wheel. The idea is to keep doubling your bet until you break the losing streak and return all previous losses plus a small profit.
While using this roulette strategy, it only works while placing outside bets with odds of 1:1. This ensures you receive the full value amount lost plus the additional winnings. Let’s take an example to break this popular roulette strategy down.
A player can bet on either red/black, even/odd, or high/low. In this case, the player bets $1 on red. If the player wins the bet, that’s great. They receive their $1 bet plus $1 profit in return.
In the event the player loses the bet, the Martingale system can then be implemented. The player then doubles the bet placing $2. If the losing streak continues, the player bets double the previous bet each time until they win.
Once the outcome is in the gambler’s favour, they retrieve all previous losses plus a small profit.
Does the Martingale Strategy Work?
The Martingale system can be effective for players if they don’t lose too many times in a row. Gamblers can easily keep losing and waste the entirety of their bankroll with the assumption that they have a 50:50 chance of winning. Like every casino game, there is a house edge. The chances of winning and landing on an even odds bet are decreased due to the green spaces on the board containing zero (0) and double zero (00).
This decreases the once thought 50:50 probability of winning and ensures the house wins over the long run. Players should also be aware that this concept is more effective on the European roulette table as the house edge is slightly less. American roulette contains both zero places, while the standard European roulette only contains a single zero.
Pros & Cons of the Martingale Betting System
All betting strategies come with their own advantages and disadvantages. They can be profitable if a player has the bankroll and luck on their side to continue to wager through the losses. The chance of winning on roulette within live casinos, and random number generator casino games are the same. While placing a bet after every loss will eventually retain your winnings once the losing streak is broken, players have to commit a sizeable amount until they get lucky with a spin.
Here are the pros and cons of the Martingale system, which you must take into account before committing with real money bets.
Pros
The benefits of using the Martingale system are subjective to the fact that you have to win. The pros only equate if you win in the short term or have the budget to keeping wagering through a loss.
- The Martingale betting strategy can be effective short-term if you win a game within the first couple of spins. This will only occur if you don’t lose too many times in a row and inevitably don’t exceed your bankroll limit.
- Each subsequent bet made, if won, will retain your original stake, plus earning you a small profit on the bet.
- New players who use the Martingale system to learn how to play roulette can get comfortable with the game with the potential of regaining their money lost.
While the Martingale system is an exciting strategy to practice, don’t approach this roulette strategy with certainty that you will eventually win. Roulette is a game of chance; after all, you may not have the time or bankroll to spin through heavy losses.
Cons
Roulette strategies are often more accessible to high-rollers who have the bankroll to burn. The amount of money you allocate to testing out the Martingale system can be lost with a hefty losing streak as easily as it can be gained.
- A player must have a large amount of money starting off. The bets increase rapidly and can quickly become unaffordable if luck isn’t on your side.
- The Martingale betting system can be halted by maximum bet table limits, which puts a stop to the strategies deeming it non-effective.
- The odds are not in your favour over the long term. The more money you spend gives the casino edge more time to eat into your bankroll.
For a player with an endless bankroll wagering on a roulette table with no table limits, chances are they will eventually win. The vast majority of punters have to consider the realisation of gambling away all of their money in quick concession. If you are struggling with a gambling problem for any reason, we highly recommend you do not use the Martingale strategy and seek help with a gambling helpline.
In conclusion, the Martingale approach on a roulette table is certainly an exciting gambling method and can be rewarding with a bit of luck. Players must be aware of the risk of wasting their entire bankroll within a few minutes of a game. Roulette is a game of chance and will require a lot of luck to win games effectively with any gambling strategy.
Frequently Asked Questions
Is the Martingale system legal to use at online casinos?
Yes, the strategy is perfectly legal as players are only following a simply betting pattern.
Can I use the Martingale betting system on other casino games?
The Martingale system can be used on all online casino games providing betting odds of a 1:1. Some examples of these games include blackjack, craps, and baccarat.
What is the Reverse Martingale strategy?
The Reverse Martingale strategy (Anti Martingale) is essentially the opposite of the standard Martingale system with less risk involved. This strategy functions by doubling the bet if you win and returning to the original stake if you lose.