Is the Martingale system profitable at multiple roulette tables?
Im considering giving it a try but it seems like such a hassle to make accounts with lots of different sites and risk to give my details over to so many sites only to lose a lot of money, i'm also assuming that most sites will vary in maximum 50/50 which add to the complexity
if it has a good chance of succeeding what are the variables
- Anonymous10 years agoFavorite Answer
The one thing you can be sure of is that 1 table or a 100 tables you will LOSE. If there was a system that guaranteed you would win on any form of gambling the casino's would simply go bankrupt. They are rich because people cannot accept the truth. Gamblers always lose long term.
- PokerChicLv 610 years ago
If you haven't got the message by now, the Martingale system doesn't work in the long run. It might work for a bit, but eventually you will lose your money when you hit the table limit after a series of losses. It's a great system for going bankrupt, though.
If you simply make a standard bet on red or black (or even/odd), win or lose, you might happen to be ahead after a session. It's a relatively safe bet in a gambling game because the house edge is slim. But you still need to set a limit and stick to it.
- 10 years ago
Multiple tables changes nothing. The reason the Martingale system doesn't work even if Roulette were an even money proposition (i.e. no 0 or 00) is that the likelihood of losing any finite bankroll is 1 given an infinite number of rolls. In layman's terms, you will eventually hit a bad streak so bad that you lose all of your money when you double your bet each time you lose.Source(s): Probability class.
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- John WLv 710 years ago
The Martingale system doesn't take into consideration the player's resources and hence will always result in gambler's ruin mathematically. It basically falls into the St Petersburg Paradox trap. Any system that increases wagers after a loss is a fool's errand.
The Martingale system is by definition NOT profitable.
- Anonymous10 years ago
The system doesn't work for several reasons. See the following Wiki article http://en.wikipedia.org/wiki/Martingale_(betting_s...
The presence of a 0 and 00 gives the house its edge, making the play unprofitable for the player.
In the short term the system can work, but if you begin with $1 and there were 10 losses in a row, on the 11th spin you have to bet $1,024. By this time you will have invested $1,023. So even if you win the 11th time you are barely breaking even.
Some casinos will have a table limit on bets, so you can't even do it if you try.
- MaquisLv 710 years ago
Nope, it's not profitable. It doesn't matter if you're playing 1 table or lots of tables. The Martingale System is a great system that you can use to lose all your money. If you don't believe me (and the 5 or 6 posters that will soon post below me) then google it.
- Divide By ZeroLv 710 years ago
There is only 1 variable: your odds of winning each spin. Since it's less than 50%, you lose, period.
If it's not profitable on just 1 table, why the heck would it be profitable on multiple tables?
- 4 years ago
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- Warren534Lv 610 years ago
Nope, it's a bad system. However, I've had very good results over many years using a limited double win / parlay system in both roulette and craps.