Progressive Betting Roulette
2021年5月16日Register here: http://gg.gg/um4hv
Roulette Progressive Roulette Progressive is a first of its kind offering, allowing an optional progressive bet to be placed on a Roulette table for an opportunity to win a combination of bespoke progressive, fixed and/or mystery jackpots. Progressive betting strategies like the Martingale and the Paroli require you to continue increasing your bet. If you’d prefer to keep your bet the same size every time the wheel spins, stick to non-progressive betting strategies like the James Bond roulette strategy.
As one of the most traditional casino games, roulette has been played in more or less the same way for centuries. Since its rules have been standardized in the second part of the twentieth century, the game has become widely popular among players from all over the world. Until a decade or so ago, the maximum payout of 35:1 for a straight bet seemed attractive enough for everyone but no more. Nowadays, some roulette games have progressive jackpots that bring much higher rewards to lucky players.
The concept may seem quite new and eccentric since, for years, progressive jackpots have been reserved for lotteries and slot games. Still, the improvement of online casinos in the past few years have brought about progressive roulette – the regular game of roulette but with a constantly increasing jackpot.Bonus Amount
*Bonus⋆80 Free Spins
*Bonus$300
*$500$600
As we already said, progressive roulette is a relatively new development in the history of casino gambling. Originally, the game offered fixed payouts for the different types of bets and players could expect to win anything from even money (expressed as 1:1) to 35 times their stake (35:1) for a straight bet on a single number. Later, some land-based casinos introduced enhanced payouts to attract new patrons - with a small side bet, you could win up to 1,200:1, an irresistible offer that brought many to the tables.
Progressive roulette, however, is something different. Its jackpot is not fixed but increases gradually - just like in lotteries where you can win a 7-figure amount if you are extremely lucky. So, what is a progressive jackpot exactly and how does it work in roulette? How Does It Apply in Roulette? Progressive Jackpot
In most casino games, including roulette, jackpots have a fixed amount that is a multiple of the player’s stake. Progressive jackpots, however, start from a predetermined amount – $100, $1,000 or even $1 million, which is called a seed value. This value increases by a small amount each time the game is played. This happens under strict rules determined by the house and usually, a small percentage of each bet placed in this game is taken and added to the seed.
Let’s take lotteries, for example, which typically feature progressive jackpots. Lottery operators take a portion of each ticket sold and add this value to the original amount. When the lottery is won, the accumulated jackpot is paid to the winner – then, the jackpot for the next lottery draw is reset to the seed value and starts growing again. If the jackpot is not won, however, a large amount (sometimes the entire amount of the jackpot) is carried forward for the next drawing.How Does It Apply in Roulette?
The same principle applies to online roulette games with progressive jackpots. There is one notable difference, however. When it comes to online slots, poker or roulette games, the progressive jackpot is typically pooled from all games of the same type that are offered in multiple online casinos.
These games are linked in a network and the jackpot increases with every bet made by players from different casinos. If the game in question is particularly popular, the jackpot will rise more rapidly since it is constantly “fed” with money from stakes. When playing a progressive roulette game online, players should look at the seed of the jackpot and the popularity of the game. This way, they will be able to predict when the jackpot will be high enough to start playing for it.
It should be noted that there are different versions of progressive roulette, developed by multiple software studios. This means that the jackpot is triggered in different ways. Some games activate the progressive jackpot after a certain number has been hit several times in a row. In other versions of progressive roulette, the jackpot is won only after triggering an additional bonus game and winning it.Qualifying for Roulette Progressive Jackpot
Before betting any real money on a roulette game with a progressive jackpot, players need to know how to qualify for the jackpot. Some jackpots are more likely to be hit, while others have an exceptionally low probability. That’s why players should look at the odds and try to calculate the numbers for themselves - if this information is not already made available by the casino operator. The first thing to do, however, is to see how to qualify for the jackpot. Bonus Games Side Bets
Most progressive roulette games require an additional bet to be made for the jackpot. A portion of the side bet contributes to the jackpot amount. Similarly to progressive slots, these side bets activate the progressive jackpot or any additional game that may trigger it. Usually, the jackpot side bets are mandatory and placed along with the regular bet.
For instance, we put a $10 chip on red and we make the minimum side bet of $1 – note that the minimum amount for the side bet may be more in some games. If the ball falls on 14 red, our regular bet wins and we receive an even payout. The side bet, however, has not triggered the progressive jackpot, so we lose $1 and make a total profit of $9. Of course, most of the side bets we make will not activate the jackpot, so we are more likely to lose over time than to win.Bonus Games
While jackpot side bets are used to feed the pot, they do not always trigger the progressive jackpot. Often, another condition must be met before you hit the top prize in the game. Some versions of roulette randomly activate a bonus game or feature that allows patrons to play for the jackpot. This could be something extremely simple such as hitting the same number 5 times in succession. Of course, this is extremely unlikely – still, it is possible and players have a real chance to become millionaires.
In other games, the wheel has a special pocket and if the ball lands on it, it triggers a bonus game. It could come in the form of a slot, which players need to spin a few times and see if they can hit the progressive jackpot. Another bonus feature may be a small wheel of fortune game that opens on a second screen. The wheel is with different prize sections on it – one of these sections is the jackpot, of course. The options here are endless and it depends on the particular progressive roulette game you play.Pros and Cons of Progressive Roulette
Before playing a game with a progressive jackpot, players should decide whether the potential reward equals the cost of playing. After all, each time they spin the wheel, they need to place a side bet that in most cases has a very low probability to win. Of course, the huge progressive jackpot is very appealing, especially to those willing to take more risks. Higher House Edge Is Progressive Roulette Worth Playing? Greater Payouts
Playing a regular roulette variation online is enjoyable enough for many players simply because it is a simple, yet very entertaining game. The biggest payout in such games, however, is 35:1 and it is received for a winning straight bet. The greatest advantage of opting for a version with a progressive jackpot is the jackpot itself, usually offering a huge prize that is multiple times greater than the regular maximum payout.
Players should know that the amount of the progressive jackpot varies significantly between games. First of all, it depends on how many people play that particular game. The side bets in different progressive roulette versions also contribute different percentages to the accumulating jackpot. The initial amount of the jackpot, i.e. its seed value, is also different for each game. As a result, some jackpot roulette versions may offer several hundred dollars for a top payout, while the jackpot in others may be worth thousands of dollars.Higher House Edge
Roulette players who wish to try their luck and play for the progressive jackpot should know that they face a higher house edge. First of all, the majority of roulette games have additional bonus pockets on the wheel or offer slightly reduced payouts for the different types of bets. All this changes the theoretical advantage of the casino and while the standard European roulette has a house edge of 2.70% (it is 5.26% for American-style games), such games typically have a higher house edge of over 6% or more.
Even those progressive roulette versions that are played with a regular 37-pocket wheel (once again, there are 38 pockets in American roulette), usually include a bonus feature that can trigger the jackpot. The odds of such a mini-game are typically much worse than the original game. Not to mention the fact that the side bets will be lost in the majority of spins, which could easily eat away even the smaller profits generated from winning spins of the game.Likelihood of Winning the Progressive Jackpot
We have already mentioned that progressive jackpots are hard to hit. This comes as a result of the odds, which are stacked against the player due to the rules and conditions of the jackpot. To demonstrate this, we can calculate the odds or the probability of winning a jackpot after hitting the same number 3 times in a row.
Let’s say we hit 16 – the probability for this is 1/37 as there is only one winning outcome, while all possible outcomes are 37 (there are 37 numbers in European roulette). This equates to 0.0270 and to get the probability of hitting 16 three times in a row, we need to calculate this – 0.0270 x 0.0270 x 0.0270, which is equal to 0.00001974216. The probability could be anything from 0 to 1 so a probability of 0.00001974216 is extremely, extremely low. In other words, while hitting 16 once is expected in around 2.70% of the cases, the number could appear 3 times in a row only in 0.001974216 of the time.Is Progressive Roulette Worth Playing?
For many players, it could be difficult to determine whether a progressive roulette game is worth playing or not. As you can see from the examples above, a lot of things should be taken into consideration. It is important to look at how much this game tends to pay out on average – typically, this information is public and can be accessed by anyone on the Internet. It is also essential to check how frequent its progressive jackpot is hit by players – there are currently progressive games, including slots, whose jackpots have never been hit. This is certainly not a good sign and players should avoid such games.
Roulette fans should also apply some money management techniques when playing progressive roulette – otherwise, they may find themselves spending their entire bankroll on a few dozen or a few hundreds of spins. They should determine a loss limit and stick to it – once they lose this amount, they should stop playing even if the progressive jackpot seems so close. Of course, this is just an illusion, wishful thinking that has eaten up many bankrolls.Gambling Tips > RouletteTop 10 Roulette Systems
By Henry Tamburin
Casino players have devised more systems for beating roulette than any other casino game. I believe the reason is because the game is played at a leisurely pace so it allows plenty of time to make bets between spins. System players will use this down time to analyze the data from past results and have enough time to figure out and make the next bet before the ball drops into a pocket.
The sheer number of roulette systems is staggering. In an attempt to get a handle on this I decided to select the ten most popular systems that fall into one of the following three categories of roulette systems.
Progressive Betting Systems
Most of these systems have been around for a hundred years. Their characteristic is that the amount of your next bet is determined by what happened on previous bets.
Betting Zones
Some of these systems involve covering contiguous sections of the wheel so that no matter where the ball lands in the covered section you are assured a win. The other is to bet on specific numbers around the wheel so that no matter where the ball lands you have a chance of winning.
Predictive Systems
There are two popular predictive systems; one is geared to exploit flaws in the equipment and the other to detect flaws in the roulette dealer. The bias wheel system is based on the theory that some wheels may contain a mechanical flaw that contributes to a non-random distribution of winning numbers. The dealer signature system is based on the fact that some roulette dealers get into a rhythm or groove when they spin the wheel and launch the ball such that they consciously or unconsciously can place the ball in a given section of the wheel. The latter dealer trait is known as a dealer’s signature and systems have been developed to try to find and exploit these dealers.
Let’s begin by examining the popular betting systems for roulette.
System #1. Martingale
This is the granddaddy of all roulette betting systems. In fact, the Martingale system is probably the oldest betting system ever devised to beat the casinos. It is also the system most used by novice roulette players who give it a try on the even-money bets on odd/even or red/black.
The Martingale is a double-up-after-you-lose progressive betting system, which simply means you double the size of your next bet whenever the previous bet lost. It is based on the assumption that if you keep doubling your bet after every loss, you will eventually win and recoup your losses plus end up with a 1 unit profit.
For example if you wagered $5 on red and a black number wins, you would lose the $5 wagered and your next bet is doubled or $10. If a black number won again, you would bet $20. At this point in the progression you are down $15 ($5 + $10). If you win the third bet you win $20 which is enough to cover the $15 lost on the previous two spins plus a profit of $5.
The allure of the Martingale betting system is that theoretically the wager has to win at some point since the chance of hitting a black number 5, 6 or even 7 consecutive times is pretty slim (see chart below). In fact you’ve got about a 99% chance of hitting a red number after 6 consecutive black numbers have won. This is what the system sellers promote (“99 percent chance of winning – a sure fire winning system”). Consecutive HitsChance152%228%315%48%54%62%71%
The reality of the Martingale is this – you will win frequently using it but in the long run you will be a loser. Here’s why.
Suppose we are ready to wager step 5 in our progression. We have 96% chance of winning the progression through step 5 and 4% chance of losing. The 96% of the time that we win the progression, we net a measly $5 which over 32 cycles of the progression gives an average win of $5 x 32 x 96% = $154. So far so good. But take a look at how much money on average we stand to lose the 4% of the time our progression fails. It’s $155 (cumulative losses through 5 steps) x 32 x 4% = $198. Yikes! Even though we have a 96% chance of winning the 5 step progression we end up losing $154-$198 = $44 more money. The reason of course is the amount you win 96% of the time does not offset the amount you will lose 4% of the time.
But let’s suppose you want to give the Martingale a try anyway and you’ve got a hefty bankroll to back you up (see chart below). You begin your betting progression on black with a $5 starting bet and darn if it’s not your lucky day. Right from the get go you lose on the first spin, then the second, right up to the 7th spin. Already you are down $635 but the odds of red hitting on the 8th spin are in your favor and when it does you’ll win back the $635 plus an extra $5 profit to boot. As you start to plunk down $640 wager (8th wager in the progression) for the privilege of winning a paltry $5 (got the nerve to do this?), you hear a voice from the other side of the table say, “Sorry Sir, but the maximum bet on the outside numbers is $500”.
So even if you had the stomach and bankroll to play a Martingale progression until you won, the casinos won’t let you. That’s why there are maximum betting limits on each table. A $5 table usually has a $500 maximum bet so a Martingale progression would be stopped after step number #7. Therefore you won’t be allowed to make a bet that would give you the one unit profit for the progression.
Bet #AmountCumulative Losses
1 $5 $5
2 $10 $15
3 $20 $35
4 $40 $75
5 $80 $155
6 $160 $315
7 $320 $635
8 $640 $1,250
Often the Martingale progression is used for sleepers or numbers that haven’t come up after many spins. Players will watch the wheel, record the numbers that win, and then if certain numbers or colors or columns haven’t won in a while they jump in and start betting using a Martingale progression. The flaw in betting on sleepers is that past results has no bearing on future results. The chance of red hitting on any spin is 18/38 regardless if red numbers have been ‘sleeping’ for the past 5, 10, or even hundred spins. The bottom line is the Martingale betting progression doesn’t work in the long run and the more that you bet using it, the more you will lose.
System #2. Grand Martingale
Not satisfied with just a 1 unit profit for the progression, you’ll often see players use the Grand Martingale, which calls for a doubling of your last bet plus adding one more unit. For example if you bet $5 on red or black and the bet losses the player’s next bet would be $15 ($10 + $5 = $15). Here’s what the betting progression looks like through 5 steps.
Bet #AmountCumulative Losses
1 $5 $5
2 $15 -$20
3 $35 -$55
4 $75 -$130
5 $155 -$285
After 5 steps of the progression you’d wind up winning on average $292 and losing $368 for a net average loss of $76, which is a lot more than the average $44 lost for the traditional Martingale. Enough said?
System #3. Laboucher or Cancellation System
This betting system requires a pencil and pad (which the casinos will gladly provide you free of charge). It begins by selecting a sequence of numbers of any length, say 1-2-3-4-5 (you can pick any sequence of numbers you wish). Each of the numbers in the sequence represents a unit of betting and the sum of the numbers (in our case 1+2+3+4+5 = 15 units) is the win goal.
Here’s how the cancellation system works. The player makes his first bet the sum of the first and last numbers in the sequence, in our example 6 units (1+5). Two events can occur. He can either win the 6-unit bet or lose it.
If the bet is lost, the amount of the bet is added to the end of the sequence of numbers so that your new sequence looks like this: 1-2-3-4-5-6. Your next bet would be the sum of the first and last numbers in
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Roulette Progressive Roulette Progressive is a first of its kind offering, allowing an optional progressive bet to be placed on a Roulette table for an opportunity to win a combination of bespoke progressive, fixed and/or mystery jackpots. Progressive betting strategies like the Martingale and the Paroli require you to continue increasing your bet. If you’d prefer to keep your bet the same size every time the wheel spins, stick to non-progressive betting strategies like the James Bond roulette strategy.
As one of the most traditional casino games, roulette has been played in more or less the same way for centuries. Since its rules have been standardized in the second part of the twentieth century, the game has become widely popular among players from all over the world. Until a decade or so ago, the maximum payout of 35:1 for a straight bet seemed attractive enough for everyone but no more. Nowadays, some roulette games have progressive jackpots that bring much higher rewards to lucky players.
The concept may seem quite new and eccentric since, for years, progressive jackpots have been reserved for lotteries and slot games. Still, the improvement of online casinos in the past few years have brought about progressive roulette – the regular game of roulette but with a constantly increasing jackpot.Bonus Amount
*Bonus⋆80 Free Spins
*Bonus$300
*$500$600
As we already said, progressive roulette is a relatively new development in the history of casino gambling. Originally, the game offered fixed payouts for the different types of bets and players could expect to win anything from even money (expressed as 1:1) to 35 times their stake (35:1) for a straight bet on a single number. Later, some land-based casinos introduced enhanced payouts to attract new patrons - with a small side bet, you could win up to 1,200:1, an irresistible offer that brought many to the tables.
Progressive roulette, however, is something different. Its jackpot is not fixed but increases gradually - just like in lotteries where you can win a 7-figure amount if you are extremely lucky. So, what is a progressive jackpot exactly and how does it work in roulette? How Does It Apply in Roulette? Progressive Jackpot
In most casino games, including roulette, jackpots have a fixed amount that is a multiple of the player’s stake. Progressive jackpots, however, start from a predetermined amount – $100, $1,000 or even $1 million, which is called a seed value. This value increases by a small amount each time the game is played. This happens under strict rules determined by the house and usually, a small percentage of each bet placed in this game is taken and added to the seed.
Let’s take lotteries, for example, which typically feature progressive jackpots. Lottery operators take a portion of each ticket sold and add this value to the original amount. When the lottery is won, the accumulated jackpot is paid to the winner – then, the jackpot for the next lottery draw is reset to the seed value and starts growing again. If the jackpot is not won, however, a large amount (sometimes the entire amount of the jackpot) is carried forward for the next drawing.How Does It Apply in Roulette?
The same principle applies to online roulette games with progressive jackpots. There is one notable difference, however. When it comes to online slots, poker or roulette games, the progressive jackpot is typically pooled from all games of the same type that are offered in multiple online casinos.
These games are linked in a network and the jackpot increases with every bet made by players from different casinos. If the game in question is particularly popular, the jackpot will rise more rapidly since it is constantly “fed” with money from stakes. When playing a progressive roulette game online, players should look at the seed of the jackpot and the popularity of the game. This way, they will be able to predict when the jackpot will be high enough to start playing for it.
It should be noted that there are different versions of progressive roulette, developed by multiple software studios. This means that the jackpot is triggered in different ways. Some games activate the progressive jackpot after a certain number has been hit several times in a row. In other versions of progressive roulette, the jackpot is won only after triggering an additional bonus game and winning it.Qualifying for Roulette Progressive Jackpot
Before betting any real money on a roulette game with a progressive jackpot, players need to know how to qualify for the jackpot. Some jackpots are more likely to be hit, while others have an exceptionally low probability. That’s why players should look at the odds and try to calculate the numbers for themselves - if this information is not already made available by the casino operator. The first thing to do, however, is to see how to qualify for the jackpot. Bonus Games Side Bets
Most progressive roulette games require an additional bet to be made for the jackpot. A portion of the side bet contributes to the jackpot amount. Similarly to progressive slots, these side bets activate the progressive jackpot or any additional game that may trigger it. Usually, the jackpot side bets are mandatory and placed along with the regular bet.
For instance, we put a $10 chip on red and we make the minimum side bet of $1 – note that the minimum amount for the side bet may be more in some games. If the ball falls on 14 red, our regular bet wins and we receive an even payout. The side bet, however, has not triggered the progressive jackpot, so we lose $1 and make a total profit of $9. Of course, most of the side bets we make will not activate the jackpot, so we are more likely to lose over time than to win.Bonus Games
While jackpot side bets are used to feed the pot, they do not always trigger the progressive jackpot. Often, another condition must be met before you hit the top prize in the game. Some versions of roulette randomly activate a bonus game or feature that allows patrons to play for the jackpot. This could be something extremely simple such as hitting the same number 5 times in succession. Of course, this is extremely unlikely – still, it is possible and players have a real chance to become millionaires.
In other games, the wheel has a special pocket and if the ball lands on it, it triggers a bonus game. It could come in the form of a slot, which players need to spin a few times and see if they can hit the progressive jackpot. Another bonus feature may be a small wheel of fortune game that opens on a second screen. The wheel is with different prize sections on it – one of these sections is the jackpot, of course. The options here are endless and it depends on the particular progressive roulette game you play.Pros and Cons of Progressive Roulette
Before playing a game with a progressive jackpot, players should decide whether the potential reward equals the cost of playing. After all, each time they spin the wheel, they need to place a side bet that in most cases has a very low probability to win. Of course, the huge progressive jackpot is very appealing, especially to those willing to take more risks. Higher House Edge Is Progressive Roulette Worth Playing? Greater Payouts
Playing a regular roulette variation online is enjoyable enough for many players simply because it is a simple, yet very entertaining game. The biggest payout in such games, however, is 35:1 and it is received for a winning straight bet. The greatest advantage of opting for a version with a progressive jackpot is the jackpot itself, usually offering a huge prize that is multiple times greater than the regular maximum payout.
Players should know that the amount of the progressive jackpot varies significantly between games. First of all, it depends on how many people play that particular game. The side bets in different progressive roulette versions also contribute different percentages to the accumulating jackpot. The initial amount of the jackpot, i.e. its seed value, is also different for each game. As a result, some jackpot roulette versions may offer several hundred dollars for a top payout, while the jackpot in others may be worth thousands of dollars.Higher House Edge
Roulette players who wish to try their luck and play for the progressive jackpot should know that they face a higher house edge. First of all, the majority of roulette games have additional bonus pockets on the wheel or offer slightly reduced payouts for the different types of bets. All this changes the theoretical advantage of the casino and while the standard European roulette has a house edge of 2.70% (it is 5.26% for American-style games), such games typically have a higher house edge of over 6% or more.
Even those progressive roulette versions that are played with a regular 37-pocket wheel (once again, there are 38 pockets in American roulette), usually include a bonus feature that can trigger the jackpot. The odds of such a mini-game are typically much worse than the original game. Not to mention the fact that the side bets will be lost in the majority of spins, which could easily eat away even the smaller profits generated from winning spins of the game.Likelihood of Winning the Progressive Jackpot
We have already mentioned that progressive jackpots are hard to hit. This comes as a result of the odds, which are stacked against the player due to the rules and conditions of the jackpot. To demonstrate this, we can calculate the odds or the probability of winning a jackpot after hitting the same number 3 times in a row.
Let’s say we hit 16 – the probability for this is 1/37 as there is only one winning outcome, while all possible outcomes are 37 (there are 37 numbers in European roulette). This equates to 0.0270 and to get the probability of hitting 16 three times in a row, we need to calculate this – 0.0270 x 0.0270 x 0.0270, which is equal to 0.00001974216. The probability could be anything from 0 to 1 so a probability of 0.00001974216 is extremely, extremely low. In other words, while hitting 16 once is expected in around 2.70% of the cases, the number could appear 3 times in a row only in 0.001974216 of the time.Is Progressive Roulette Worth Playing?
For many players, it could be difficult to determine whether a progressive roulette game is worth playing or not. As you can see from the examples above, a lot of things should be taken into consideration. It is important to look at how much this game tends to pay out on average – typically, this information is public and can be accessed by anyone on the Internet. It is also essential to check how frequent its progressive jackpot is hit by players – there are currently progressive games, including slots, whose jackpots have never been hit. This is certainly not a good sign and players should avoid such games.
Roulette fans should also apply some money management techniques when playing progressive roulette – otherwise, they may find themselves spending their entire bankroll on a few dozen or a few hundreds of spins. They should determine a loss limit and stick to it – once they lose this amount, they should stop playing even if the progressive jackpot seems so close. Of course, this is just an illusion, wishful thinking that has eaten up many bankrolls.Gambling Tips > RouletteTop 10 Roulette Systems
By Henry Tamburin
Casino players have devised more systems for beating roulette than any other casino game. I believe the reason is because the game is played at a leisurely pace so it allows plenty of time to make bets between spins. System players will use this down time to analyze the data from past results and have enough time to figure out and make the next bet before the ball drops into a pocket.
The sheer number of roulette systems is staggering. In an attempt to get a handle on this I decided to select the ten most popular systems that fall into one of the following three categories of roulette systems.
Progressive Betting Systems
Most of these systems have been around for a hundred years. Their characteristic is that the amount of your next bet is determined by what happened on previous bets.
Betting Zones
Some of these systems involve covering contiguous sections of the wheel so that no matter where the ball lands in the covered section you are assured a win. The other is to bet on specific numbers around the wheel so that no matter where the ball lands you have a chance of winning.
Predictive Systems
There are two popular predictive systems; one is geared to exploit flaws in the equipment and the other to detect flaws in the roulette dealer. The bias wheel system is based on the theory that some wheels may contain a mechanical flaw that contributes to a non-random distribution of winning numbers. The dealer signature system is based on the fact that some roulette dealers get into a rhythm or groove when they spin the wheel and launch the ball such that they consciously or unconsciously can place the ball in a given section of the wheel. The latter dealer trait is known as a dealer’s signature and systems have been developed to try to find and exploit these dealers.
Let’s begin by examining the popular betting systems for roulette.
System #1. Martingale
This is the granddaddy of all roulette betting systems. In fact, the Martingale system is probably the oldest betting system ever devised to beat the casinos. It is also the system most used by novice roulette players who give it a try on the even-money bets on odd/even or red/black.
The Martingale is a double-up-after-you-lose progressive betting system, which simply means you double the size of your next bet whenever the previous bet lost. It is based on the assumption that if you keep doubling your bet after every loss, you will eventually win and recoup your losses plus end up with a 1 unit profit.
For example if you wagered $5 on red and a black number wins, you would lose the $5 wagered and your next bet is doubled or $10. If a black number won again, you would bet $20. At this point in the progression you are down $15 ($5 + $10). If you win the third bet you win $20 which is enough to cover the $15 lost on the previous two spins plus a profit of $5.
The allure of the Martingale betting system is that theoretically the wager has to win at some point since the chance of hitting a black number 5, 6 or even 7 consecutive times is pretty slim (see chart below). In fact you’ve got about a 99% chance of hitting a red number after 6 consecutive black numbers have won. This is what the system sellers promote (“99 percent chance of winning – a sure fire winning system”). Consecutive HitsChance152%228%315%48%54%62%71%
The reality of the Martingale is this – you will win frequently using it but in the long run you will be a loser. Here’s why.
Suppose we are ready to wager step 5 in our progression. We have 96% chance of winning the progression through step 5 and 4% chance of losing. The 96% of the time that we win the progression, we net a measly $5 which over 32 cycles of the progression gives an average win of $5 x 32 x 96% = $154. So far so good. But take a look at how much money on average we stand to lose the 4% of the time our progression fails. It’s $155 (cumulative losses through 5 steps) x 32 x 4% = $198. Yikes! Even though we have a 96% chance of winning the 5 step progression we end up losing $154-$198 = $44 more money. The reason of course is the amount you win 96% of the time does not offset the amount you will lose 4% of the time.
But let’s suppose you want to give the Martingale a try anyway and you’ve got a hefty bankroll to back you up (see chart below). You begin your betting progression on black with a $5 starting bet and darn if it’s not your lucky day. Right from the get go you lose on the first spin, then the second, right up to the 7th spin. Already you are down $635 but the odds of red hitting on the 8th spin are in your favor and when it does you’ll win back the $635 plus an extra $5 profit to boot. As you start to plunk down $640 wager (8th wager in the progression) for the privilege of winning a paltry $5 (got the nerve to do this?), you hear a voice from the other side of the table say, “Sorry Sir, but the maximum bet on the outside numbers is $500”.
So even if you had the stomach and bankroll to play a Martingale progression until you won, the casinos won’t let you. That’s why there are maximum betting limits on each table. A $5 table usually has a $500 maximum bet so a Martingale progression would be stopped after step number #7. Therefore you won’t be allowed to make a bet that would give you the one unit profit for the progression.
Bet #AmountCumulative Losses
1 $5 $5
2 $10 $15
3 $20 $35
4 $40 $75
5 $80 $155
6 $160 $315
7 $320 $635
8 $640 $1,250
Often the Martingale progression is used for sleepers or numbers that haven’t come up after many spins. Players will watch the wheel, record the numbers that win, and then if certain numbers or colors or columns haven’t won in a while they jump in and start betting using a Martingale progression. The flaw in betting on sleepers is that past results has no bearing on future results. The chance of red hitting on any spin is 18/38 regardless if red numbers have been ‘sleeping’ for the past 5, 10, or even hundred spins. The bottom line is the Martingale betting progression doesn’t work in the long run and the more that you bet using it, the more you will lose.
System #2. Grand Martingale
Not satisfied with just a 1 unit profit for the progression, you’ll often see players use the Grand Martingale, which calls for a doubling of your last bet plus adding one more unit. For example if you bet $5 on red or black and the bet losses the player’s next bet would be $15 ($10 + $5 = $15). Here’s what the betting progression looks like through 5 steps.
Bet #AmountCumulative Losses
1 $5 $5
2 $15 -$20
3 $35 -$55
4 $75 -$130
5 $155 -$285
After 5 steps of the progression you’d wind up winning on average $292 and losing $368 for a net average loss of $76, which is a lot more than the average $44 lost for the traditional Martingale. Enough said?
System #3. Laboucher or Cancellation System
This betting system requires a pencil and pad (which the casinos will gladly provide you free of charge). It begins by selecting a sequence of numbers of any length, say 1-2-3-4-5 (you can pick any sequence of numbers you wish). Each of the numbers in the sequence represents a unit of betting and the sum of the numbers (in our case 1+2+3+4+5 = 15 units) is the win goal.
Here’s how the cancellation system works. The player makes his first bet the sum of the first and last numbers in the sequence, in our example 6 units (1+5). Two events can occur. He can either win the 6-unit bet or lose it.
If the bet is lost, the amount of the bet is added to the end of the sequence of numbers so that your new sequence looks like this: 1-2-3-4-5-6. Your next bet would be the sum of the first and last numbers in
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