The Martingale System The most dangerous system in the world

THE WORLD’S MOST FAMOUS METHOD,

Or How to create Heart Failure.

Article by XXXXXXXXXXXXXX © 2005 All Rights Reserved.



Let us endeavor to put to sleep the most famous of all systems, one known to gamblers throughout the World and probably the one that has caused more worries and heartaches than any other method or system in horseracing, roulette and gambling history - in any form whatever.

Firstly however, let us describe the system as it is known wherever money is involved in a wager. This is the MARTINGALE METHOD and it is used in Roulette on the choices which you have paying even money, i.e. 1-1

I found this online at some website & quote ....

REMEMBER THIS WAS POSTED TO A FORUM MAKE SURE YOU READ THIS AND THEN AVOID IT!!!

"The modified Martingale is an ideal system to use with horses, it is based on the doubling-up principal used on even money chances. It works like this:

1. Decide on the amount that you want to win today, say £100
2. Divide your target by the odds offered on the first of your selected horses
e.g. £100 divided by 4 to 1 equals £25.
3. This is the amount to bet on your first selection.
4. If the horse wins, collect your money and go home.
5. If you lose, add your losses (including tax) to your target and that becomes your new target. i.e. new target = £100 + £25 +tax paid.
6. Continue until you get a winner and then stop.

The beauty of this plan is that you only need to be able to pick one winner each day."

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Now to a Horse Player (actually any form of gambling) the above is definitely SUICIDE.

The above, is a modified version of Martingale - to include different odds i.e. 4-1 / 2-1 etc. and below is exactly how the original Martingale method Works - The end result however is the same, you just may lose money faster that's all. Don't ever use it.

The Martingale System is this, - you make your chance on an even money chance – you commence your betting with ONE UNIT, if it loses, you double your stake and place TWO UNITS on the next horse. It loses again and you double your stake making FOUR UNITS for the next horse, and so on until a horse wins.

......its too painful to continue – but you get the idea.

At no time do you stand to make a profit exceeding ONE UNIT and your stake money escalates at an enormous rate giving the punter high blood pressure or even the potential of heart failure by the time the 6th or 7th consecutive loss had occurred. Your stake is now 64 or 128 units and it just CANNOT be good business to “invest” such amounts, and for what?…………………..just to collect a profit of ONE SINGLE UNIT.

In The Casino - mathematically, if you have an unlimited bank balance and nerves of steel – you WILL win in the end….but what?………..a single unit.

No! I must correct this – the Casino rules have now seen to it that the punter will NOT have this opportunity of achieving even this one unit profit because the Table now has a maximum bet limit which will certainly only allow a very limited number of doubled up stakes.

Quite obviously the winning of one unit is not a worry to them but the doubled of staking is quite a substantial profit if they can call a halt to it before you are successful…………..because successful you WILL be……………...in the end.

However, to the normal punter, who most certainly does not have an unlimited bank balance, nor nerves of steel, this mode of staking is absolutely SUICIDE whether it be Roulette or Horse Racing.

Most emphatically suicide with horse racing because here you just don’t know whether you will EVER reach success…………..with Roulette this is most probable.

You can never win.

The Martingale System The most dangerous system in the world

In theory, The Martingale System would appear to be everyone's answer. Just keep doubling up until you hit a winner but it is theory only.

With Horse Racing, one line of thought is to continually back the favorite until you hit a winner. Not so at all. Favorites will certainly win about 33% of all races but often and I do mean very often favorites can go for 20 or 30 and even more races and lose every time.

Double up £1.00 X 20 times and you'll see what I mean.

BTW - The answer is £1,408.576 over a million £-pounds and for what?

You only will win one unit. This applies to any selection you care to choose, all can have these loosing runs and longer. You can follow Jockeys/favorites/Second favorites or whatever, but all at some stage will have these losing runs.

Further, if you did happen to have an unlimited bank balance you simply could never place the bets.

The Martingale System should be buried in history where it belongs.

Pebbles

Absolutely Pebs. This is one of the stupidest, yet most succesful systems around in theory. Sure, if you played black and doubled down every time, with no casino limits, no time constraints, unlimited bankroll, and even considering the 0 and 00 green, this system is 100% effective. But we all know that no one, and I mean NO ONE, has an unlimited bankroll. Not Donald Trump, not Bill Gates, not the Sheiks, and certainly not anyone that would be on Propun looking to make a couple of extra bucks. That is flaw #1. It is scientifically proven that an @even money play like in roulette will eventually occur if you continuosly play that side. But a human must sleep, eat, and go to the bathroom so you cannot play indefinitely unless you have a partner. Now the trust factor comes in. Hey, your partner has $14 Billion dollars to play on the black while you go the WC. He doesn't rip you off, per se, but skims a coupl 100,000, not much considering the 14 billion. Well, black hits and you are now down a couple 100,000 - 1 unit. And if green hits in the course of play, you really skew everything as well. Systems that don't consider the human element are non-sensical because we ARE human. I believe that everyone on this site are intelligent enough to not fall for this one.

I'll agree about the Martingale and part Martingale for that matter too.

Mr Pebbles sure does a lot of "copy and paste" in his threads. In this one he should at least give credit to the site and author and denote a quote when he prints other peoples intelligent thoughts which aren't his own.

Try reverse Martingale.

What do you mean, Punt? Start high and cut in half? What cracks me up is that there is even a name for The Martingale System. Old Mr. Martingale must have really been a loser!

I believe that the originator of this "system" was the Duke or Earl Of Martingale in the 18th century. He had inherited vast estates from his ancestors and spent all his time gambling and following other dubious pursuits.
I also understand that he gambled away the family fortune and died penniless.....certainly a lesson there for everyone!

Cheers.

No SS. I mean you should double (or whatever, depending on divvies) after a WIN, with a predetermined "run" as your "limit". So, for example you decide to double or treble or whatever (add 50% of your win?; let it ALL ride?), aiming to get 2 or 3 or 4 or however many (your choice),in a row. This means YOU'VE set the limit and not the house. Just as you score 4 straight winners, say at 3-1, reinvesting the lot (ie 4 x 4 x 4 x 4 = 256 units = 255 profit) you say "that's it: Four is my limit" and go back to 1 unit. If you then get another 3 winners and the 4th one loses, this time you ONLY lose that ONE starting unit.
Note that this is exactly the reverse of Martingale. Instead of heaps of small wins and a massive wipe-out, YOU get the massive win while they (the bookies/TAB) can only get it back, one unit at a time. You can imagine that a bookie you've creamed for say $255,000 is not going to be happy getting it back a grand at a time for months, while the chance of another "favourable" run (for you) is there, threatening further disaster, lurking in the background!!!! Cheers.