There are many betting strategies used by players try to win money from casinos. Among the most popular and simplest strategy is called Martingale technique. Although it is the easiest strategy use by most bettors, it is one of the most dangerous methods that could causes you lose all you money fast if the game’s draw results are not really the outcomes you projected. Let find look into the details of Martingale technique and find out how it will help in your betting in addition to risking your money.
Martingale technique is a betting strategy that asks you to double your bet every time you lose. The theory goes in this way: In any online casino game, it is very common to have runs of 5, 6 or even twenty consecutive outcomes of high or reduced, even or odd, black or even red; but it will finally result in the other side of outcome, so if you keep on double your bet, you will eventually recoup your loses and earn at least one chip extra when the outcome result in the field you bet on. For example , you are playing on Roulette and bet on Black with 10 dollars, it turns out to be Red, you lose, you continue to bet on Black but this time the betting amount is $20. It turns out to be Red again, you bet again on Black with $40. And, the games embark on if you continue to lose, you double up with $80, $160, $320, $640… until the outcome turns to be Dark, you win. Once you win you will cover you loses and earn $10.
Theoretically Martingale technique is a best betting strategy that ensure you can win if you have sufficient money in order to double up the betting amount before you win. But , in true life this is the case because casinos have implemented a few game rules to shield themselves from rich players that have money to play using Martingale technique. One of the rules is maximum limit that you can bet on a field. In case a player using Martingale technique to location his/her bet and if he/she continue lose and double up the betting amount, eventually maximum limit is going to be reached and the player can dual his/her bet amount anymore. This is the way casinos stopped players to continue successful with Martingale technique.
Playing with Martingale technique can be very dangerous because it has been wipe you out very fast when the outcomes of the draw result generally put you in the lose part and cause you hit the utmost limit where you can’t double the betting anymore. For example you bet on Roulette table which has minimum restrict of $1 and maximum restrict of $300. You start bet on Red with $1 and dual up to $2, $4, $8, $16, $32, $64, $128…
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today you do have a very bad luck, the Black continue to come out consecutively for 8 occasions, but you believe this round (the 9th round) should be Red and that means you bet with $256 on Red-colored. You are praying and hoping the outcome to be Red because you know that issue round still results in Black, you can’t double up your betting any more due to the table limit. Unless you are lucky this round else you will drop. Here is where the Martingale technique damaged because you can’t bet with $512 on Red even you have money.