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The Martingale Strategy Odds
When it comes to roulette strategies, the most popular and widely used in the Martingale Roulette System. This approach to playing the game is particularly popular among new roulette players looking for a quick way to win and dominate the game. Its popularity is easy to understand- it requires a basic approach focused on betting and easy to follow.
Bets are Made Based on Better Odds
The Martingale system is actually a betting strategy, where players need to double their bets after losing a round. While it’s main focus is on doubling bets, the strategy is also known for its other elements. For example, this strategy is often used when a player plays the outside bets, which includes 1-18, 19-36, red, black, even and odd.
Compared to other bets that can be used when playing roulette, these bets are known to give players a higher chance of winning, often estimated at 50% odds of winning. The only drawback here is that the winnings may be low. For example, if the odds of taking the payout is at 1:1, then the player may end up getting back only the bet.
Say for example that you placed on chip on red and it wins, then you can only get back the chip and another one for the win. The Martingale system can be a risky strategy to use, but it comes with easy rules to follow.
Bets are Doubled After Losing a Round
Here’s example play using the Martingale system. Let’s say that you bet a chip on red. If the roulette ball will drop on the black, then you will lose the chip. This calls for the first progression in the strategy, which means that you need to double your next bet.
If you place the same number of chips on a red and the red actually shows up, then you earn the two chips. This result will allow you to recover the loss of one chip and you earn one. If in case the ball falls on the other color, you will need to double your wager, pushing the amount of bet to four chips.
This betting arrangement can go on for a long period of time and will call for the doubling of bet every after loss, and a win will cover for the losses that you have incurred. Of course, this scenario is only based on a theory, and there are a number of factors in play. In fact, there’s also a chance that you will encounter a ‘long losing streak’ which can be the end of the bankroll of any serious player.
Here’s How You Can Boost Your Odds
Just like other casino strategies, the Martingale strategy has its own set of limitations, and it’s important for players like you to manage these. Here’s a quick look at the steps that you can take and improve your odds of winning.
Increase your odds of winning in roulette by choosing the right game to play. Roulette is available in different versions, and each version comes with a different house edge. In order to boost your chances of winning, you need to pay attention on the odds and house edge. For example, the odds associated with American Roulette is a bit lower, with the casino enjoying a 5.3% advantage. Instead of this version, you may want to try European Roulette.
Try exploring the game of baccarat. As a betting strategy, Martingale can actually work on a number of table games including baccarat. If you are looking to boost your odds at the casino, you may want to consider baccarat which comes with a 1.06% house edge. This strategy will work for the game if you can participate in a slow game. The idea behind the Martingale system is to play and win the prize over a short period of time. If you play longer, there’s a big chance that you will accumulate losing streak.
European Roulette boasts a 2.7% house edge. This house edge is even lowered since the game may often come with a Surrender feature and ‘en prison’ which can further lower the casino edge to 1.35%.
Is the Martingale betting strategy right for you and can you enjoy improved odds when playing? This is a great strategy to use if you have a decent bankroll to use, preferably with at least $1,000 if you are looking to make a $5 bet at a time. Also, this strategy can also work for you if you are going to play short-term. Playing for a long period of time will put you in a situation where you’ll end up with long losing streaks (where you double the bet each time) which is painful in itself.
Takeaway Points:
- Martingale Strategy is a widely used betting strategy for playing Roulette and other table games like Baccarat
- Bets are chosen based on which will deliver better odds, particularly the outside bets
- Martingale Strategy is basically a betting strategy where the player must double his bet when he loses after a round
- There are strategies that can be used to boost the odds of winning, like choosing European Roulette over American Roulette
- Odds are better if players will be able to play slow or over a short-term. Longer play will put the players at risk of experiencing long losing streaks
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