The Martingale System
As their say the Romans, who seem to have an inborn instinct for finding new and profitable ways of doing things; the Martingale System might be thews truest of all.In fact some say it was the first ever version of a betting system.The Martingale System is somewhat mathematically complex and allows you to increase your stakes if you lose.It looks like this: You start with a single stake of say 10 units. If you lose you double the stake, say to 20 units. You win and you stay at 20 units again. You lose again and you double the stake to 40 units. Once you have won you would have a total bank of 120 units. You would play between 10 and 20 units per hand.
Why is the Martingale System popular?
The Martingale System is simple to understand, easy to implement and with the potential to make a fairly low profit or loss in a single session. Unlike the other betting strategies the Martingale System is progressive. This means that if you lose you increase your stakes again the next time.The Martingale System is an inevitable fixture in the arsenal of many online blackjack players. It is favored by the player who likes to hit and forget about the odds. Despite the almost unbelievable simplicity of the system, it is the first system that many people learn and even though it is simple, it is not an easy system to learn.
There are many players who are initially unimpressed by the Martingale System and its relation to the other existing systems. newcomers, who are mind accustomed to more complicated strategies, may initially not like the Martingale System because they do not understand it. newcomers can easily make mistakes with the Martingale System and instead of winning their stake may end up with losses.
The MPO777 System, though it is simple, is not for everybody and should only be used by serious and experienced players who fully understand the concept of risk. The simplicity of the system comes with certain inherent risks. The bets are highest when you have a win. Like the rest of horse racing betting systems the Martingale System is progressive, you must double your bet after each loss.
There are also risks associated with not increasing the stake when you win and doubling the bet when you win. These risks are what make the Martingale System so risky. In actual fact the bets are calculated in accordance with a fixed Martingale payout, however the bet is increased each time you lose. This means that you can lose the bet in the same round in as many consecutive rounds.
The Best Way to Fold
Players that areued to the Martingale System believe that there is a optimal strategy where there is no risk and that therefore any system that involves increasing the bet when a loss is suffered is a bad system. This is not true. It is a bad idea but not the answer.
When gambling you should be doing so to win. You can use the Martingale System if you want, but you are not setting yourself up for a win with the increase of the bet. What this system does require is that you be increasing your bets in the belief that you will eventually win. But what you will end up doing is increasing the chances of losing. Take the example of a coin flip.
If you flip a coin it will come up heads half the time only 50% of the time. What this means is that 50% of the time it will land head. If you bet $1 on the heads you will lose $1.5 bet instead of winning $1.5. In the long run the best you can do is bet $5 on the opposite side. Although you will not win this bet, this should not be a reason to bet the opposite way around.
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