Annoymous gambling poll - Martingale system

[Djinn]

if the tables didn't have a maximum bet limit then it would be worth doing.

Mathematically, and assuming unlimited bankroll, it is a correct and viable system on a straight 50/50 like red/black and can't be argued with except for this point by UptheMariners, which is the only real reason why it can never work; balls and gambling spirit have nothing to do with it.  Also, roulette has a '0' which makes it even less feasible...

I once got a free £25 bet from William Hill when I opened a poker account to use in their casino.  The catch was I had to wager £750 to cash it out.  I really had nothing better to do, so I put £1 on their roulette red/black, doubling when losing and dropping back to minimum when winning.  I was lucky and after just a million hours of doing this tedious thing I cashed out £220, although I would have been happy just to get my free pony.  That's been my only flirtation with any of these games and it stopped being fun around the 400th £1 wager, although free money is free money...

[Djinn]

Oh, and I was doubly lucky because I never had to double beyond £32, which would have brought this experiment to a quick end.

[Djinn]

Ah, i didn't realise it had a name.

I have to say i have never really enjoyed casino games (bore me to tears), but on a few occasions in the past i have accompanied a friend who loves the places.

Whilst there yes i did use this system, i would wait until there had been 5 consecutive BLACK numbers, then i would place £20 on RED, and it worked out to be very profitable (although no thrill)

It is a fallacy that the balance between red and black is maintained over a short period of time.  It is not, like blacjack, subject to continuous probability i.e. what comes up in one instance does not affect what comes up in another.  It's 'reset' if you like every time.  I have seen people with little pieces of paper recording numbers and colours in casinos, but unless they discover that the wheel itself has some kind of imbalance affecting the probability of the ball landing in a specific area, it's a terrible waste of time.

But congrats to anyone that can leave a casino with a profit on the table games!

[taximan007]

Ah, i didn't realise it had a name.

I have to say i have never really enjoyed casino games (bore me to tears), but on a few occasions in the past i have accompanied a friend who loves the places.

Whilst there yes i did use this system, i would wait until there had been 5 consecutive BLACK numbers, then i would place £20 on RED, and it worked out to be very profitable (although no thrill)

It is a fallacy that the balance between red and black is maintained over a short period of time.  It is not, like blacjack, subject to continuous probability i.e. what comes up in one instance does not affect what comes up in another.  It's 'reset' if you like every time.  I have seen people with little pieces of paper recording numbers and colours in casinos, but unless they discover that the wheel itself has some kind of imbalance affecting the probability of the ball landing in a specific area, it's a terrible waste of time.

But congrats to anyone that can leave a casino with a profit on the table games!

I concur with you entirely: My main point was I only ever visited the Casino rarely, when i did i had a set amount of cash in my wallet (no credit cards) which i was prepared to LOSE for the evenings entertainment.

I believe there is NO system that works, but in my own perverse way of thinking, i felt that if 5 continous numbers of the same colour came up then it couldnt continue forever, (law of averages lol), i didnt win 1st time every time, but i never had to go past 3 double ups (obviously got lucky), and on each visit (probably 6 at the most) i left with a tidy profit.

I am the 1st to admit that if i felt this was a GREAT system then i would go broke very quickly.

[AndrewT]

I believe there is NO system that works, but in my own perverse way of thinking, i felt that if 5 continous numbers of the same colour came up then it couldnt continue forever, (law of averages lol), i didnt win 1st time every time, but i never had to go past 3 double ups (obviously got lucky), and on each visit (probably 6 at the most) i left with a tidy profit.

This common belief is known as the Gambler's Fallacy - http://en.wikipedia.org/wiki/Gambler%27s_Fallacy

[thetank]

It wasn't something I read about (although I voted in the wrong box on a poll I made ), like a couple of others, I came up with the idea myself, and believed it to be infallibe. I'll admit to using this sytem, losing £64 bets left right and centre, always struggling to get another stake together.
Kept going after those £127 stakes, and within a few months, did a lot of damage. Stopped before I got completely out of control, it could have easily gotten much worse though.

wow what a dangerous system. Surely anyone with a brain couldnt follow this. It just seems to take balls not brains and as mentioned surely cannot be considered a viable system. Then again im not stupid enough to play roulette in the first place!

Hey, we were all 17 once. Yeah you're right though, I was an idiot (maybe I still am) but the lights were so flashy on those terminals.


I wouldn't want any young kid I know to make a similar mistake. What would be the best way to concisely explain the pitfalls of this ruinous system?

[boldie]

It wasn't something I read about (although I voted in the wrong box on a poll I made ), like a couple of others, I came up with the idea myself, and believed it to be infallibe. I'll admit to using this sytem, losing £64 bets left right and centre, always struggling to get another stake together.
Kept going after those £127 stakes, and within a few months, did a lot of damage. Stopped before I got completely out of control, it could have easily gotten much worse though.

wow what a dangerous system. Surely anyone with a brain couldnt follow this. It just seems to take balls not brains and as mentioned surely cannot be considered a viable system. Then again im not stupid enough to play roulette in the first place!

Hey, we were all 17 once. Yeah you're right though, I was an idiot (maybe I still am) but the lights were so flashy on those terminals.


I wouldn't want any young kid I know to make a similar mistake. What would be the best way to concisely explain the pitfalls of this ruinous system?

point to TK and say "He used the system and is only 23"?

[Swordpoker]

[/quote]


I wouldn't want any young kid I know to make a similar mistake. What would be the best way to concisely explain the pitfalls of this ruinous system?
[/quote]

Win a little, win a little, win a little, LOSE A LOT

[thetank]

Win a little, win a little, win a little, LOSE A LOT

Didn't work on me at the time. Couldn't see past those three win a littles.

[redimp]

If you visit theSpeilbank Hamburg casino website they have a link to all numbers spun in their casinos. There are regular runs of 13/14 reds blacks,odd/ evens and High/Low.

Apparently in Sheffields Owlerton casino in the 80's there was a run of 30+.

http://www.spielbank-hamburg.de/spielsaal/permanenzen.php4?tid=9&tag_tag=30&tag_mon=04&tag_jahr=2003&button.x=50&button.y=2

[Swordpoker]

Win a little, win a little, win a little, LOSE A LOT

Didn't work on me at the time. Couldn't see past those three win a littles.

Then maybe it would be an idea to get them to imagine they are running a casino. Would they want punters to use this system?

[doubleup]

Many years ago when I was at uni, someone came up with the reverse martingale system on the bonkers assumption that as the martingale system didn't work doing the opposite must.  i.e always betting on the colour that had just won.  It didn't work.

Incidentally I think that the record for one colour coming up consecutively is 35 or something like that.  Following the martingale system you would have to bet 34 thousand million on the next roll....

[thetank]

Tried that one too

[RioRodent]

Like Jen, the only time I've dabbled with roulette has been online with 'free' money.

The first time, I did a quick google for "roulette system" and found this - http://casino.oddschecker.com/casino-game-system/system/12-6-roulette-system

I took their $20 upto $100 using it and then used to play poker on their site for while.

On another couple of occasions I've shown a decent profit before getting greedy and losing it all back... and a couple of times just lost the free money straight away!!

[Wardonkey]

I worked in casinos for 12 years and never saw anyone win using this system.

I saw many try. I saw many win small amounts regularly. I saw them all crash and burn.

The min/max spread is usually set so that after 8 consecutive losses the total loss is irretrievable in one bet.