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Posts tagged with "martingale"

Roulette System in Action

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A friend of mine recently joined the ranks of online casino players. He "found" a roulette system online that gave all sorts of warning about not abusing it so you aren't caught by the casinos. Only win so much money per day so you stay off of their radars, etc.

Well, he "tested" it out on the play tables for a couple of days and actually put in some winning sessions. So, he decided to take the plunge and sign up at All Jackpots and give it a whirl.

Here's the basics of his system. When you lose, double your bet, so that when you eventually do win again, you'll be back to even. That's not something I want to get involved with because when that losing streak does hit you, you're throwing lots of money out there.

Plus, the house already knows about this idea. It's called the Martingale betting system. And to combat it, the house puts limits on the biggest bet that they'll take. so at some point, you can't keep doubling up. they won't take a bet of that size.

All Jackpots caps the roulette bets at $80 per spin. at some point my friend's system has him betting $64, then $128, and then $256 or even $512 chasing a loss. so the system breaks down there.

All of that being said, he took a $150 deposit and ran it up to over $500. Nice!!

then he gave it all back. not so good, lol. oh well, nothing lasts forever.
November 2009
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