Posts tagged System:
The Martingale System Explained
Dec 4th
It is unclear exactly when the Martingale betting system was first created, but most experts agree it was sometime during the 18th century in France. The origin of the name itself is widely debated. There is no evidence of a Monsieur Martingale having ever actually existed.
The Basics
If you gamble regularly, or even just occasionally, you may already employ the Martingale system and not even realize it. The concept of the strategy is actually quite simple. First, you choose a fixed amount to bet, usually a rather small one. For the sake of this explanation, we’ll say you are playing a simple game of heads or tails with a coin and betting $5 that the coin toss will come up heads. In this scenario, a winning bet pays 1:1, which means for every dollar you bet, you stand to gain another dollar on top of it. If the coin toss does indeed result in heads coming up, you would collect the $5 you won and then maintain your original bet of $5 for the next coin flip. You would continue doing this until you experience a loss. As soon as you lose a $5 bet, you would immediately double that $5 and bet $10 on the next coin toss. If you win, you have recovered your previous loss plus you have won your original bet, which is another $5. However, if you lose that $10 bet, you will need to double your bet once again and bet $20, and so on and so forth. Eventually, assuming you have the funds to cover the exponential bets, you will win and therefore recover all of your past bets, plus that original $5 you began with.
The problems
Of course, if it was that easy, we’d all be striking it rich at the roulette table. There are certain inherent flaws of the Martingale system that should not be overlooked.
Many gamblers believe that the rising popularity of the Martingale system in Europe is what actually prompted the casino owners to implement table limits. This way, the Martingale gambler would likely eventually hit a ceiling where he or she could no longer double their bets, rendering the system ineffective.
Another obvious problem is that for the strategy to be completely foolproof, one would have to have an unlimited bankroll. Exponential bets can get out of hand rather quickly. Even if you’re only betting $5 at first, after your 8th consecutive loss you’ll be betting a whopping $1,280, and even if you win you’ll merely be recovering your losses and only profiting $5. Although on paper it makes sense, to an extent, for most people it would take nerves of steel to bet $1,280 to win $5, especially with 50/50 odds (at best).
Yet Another Problem: Casino Odds
You might be able to challenge your nephew to a game of heads or tails, but inside a real casino you’re not going to find anything with such even odds. In the casino, the house always has the edge. Popular games like Blackjack and Roulette are favorites among Martingale betters because the strategy is very conducive to the game. However, it isn’t quite that perfect.
With blackjack, regular bets are paid 1:1. In theory you could use the Martingale system at the blackjack table by doubling your bet with each consecutive loss of a hand of blackjack. The reason this system will eventually and inevitably fail with blackjack in particular is because of the house edge. You may think that since it is just you against the dealer, then the odds are even. You may even think you have an advantage since you can see one of the dealers cards and the dealer has to hit at a certain point where you don’t. What many people don’t take into account, however, is that the house edge actually stems from the fact that once the cards are dealt, the player has to make the next move. The opportunity to knock yourself out of the game by busting is what actually gives the house the advantage, and over time of course they will always win.
Roulette is a different story. There is no real strategy involved since it’s entirely a game of chance. You make a wager that a certain number or a number within a certain section of the board will come up, and if it does, you win. Fairly simple. The most popular bets on the roulette table for the Martingale better are usually the red/black or odd/even bets. The problem here lies within the fact that the roulette wheel does not contain only red/black or odd/even pockets. There is also the green zero, and on American roulette wheels, the green double zero. Although mathematicians may argue that zero is actually an even number, the casino owners will disagree. Unfortunately that’s an argument you can’t win. What the addition of these additional pockets means is that the house gains an edge. If it weren’t for the existence of these “wildcard” pockets, a roulette player could bet on red or black (or odd or even) all night and have the exact same odds as the casino. The existence of the single and double zero on the roulette wheel along with the other problems mentioned above render the Martingale system flawed, in the grand scheme of things.
For more info on the Martingale system, particularly pertaining to the game of roulette, check out Shop Roulette. You can also browse new and pre-owned professional as well as recreational roulette equipment and other various roulette strategy guides.
Creating Your Own Casino System
Nov 26th
Winning at any casino is of course your goal. Establishing your own casino system for winning is a great idea. Your system should include strategies and ideas that are designed to help you win. Of course, your system will depend on the game being played. Each casino game is different and therefore, will require its own system and set of strategies.
If you are new to casino games, where do you begin? It can become confusing, especially if you have never played at an online or offline casino before. There are a variety of games, some of which require knowledge of play, such as card games and others of which, require no real skill or knowledge, except when it comes to betting arrangements, such as slots.
Therefore, before you design your own casino system, you want to be sure that you do so one game at a time. If you have never played before, it is a good idea to start with the easy ones, such as slots or play a few games to get a feel for which games you like. Of course, there are many different avenues on the internet that can provide you with information, rules, and techniques surround the different games offered at casinos.
Some of the games offered at casinos include Poker – of various types, Blackjack, Baccarat, Slots, and Roulette. It is important to understand that playing online is very different than playing at land casinos, particularly when it comes to card games, in which players often rely on looking at other payers to form a system.
The first key to your casino system is learning how to play your choice games. If you are new, then you should take advantage of the many online resources and books available about the many different casino games. This will give you a run down of the rules and the basic play of the game.
You should then develop your system even further with your own strategies. There are many different ideas in this element on the internet as well, but remember others have likely read this as well. So, carefully find what works for you.
Developing a casino system for online casinos means developing strategies and techniques that work for you. This is a learning process and not one that can happen over night. The first step is learning how to play the game appropriately and then moving from there.
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The Best Blackjack Betting System
Oct 21st
Winning money at blackjack isn’t all about basic strategy and counting cards. Consistently winning big money depends a lot on the betting system you use. Anyone who has played blackjack at a real casino knows that one moment you can be on top of the world in chips but the next you can be digging in your wallet for more funds.
The chip stacks in a normal game of blackjack typically fluctuate erratically and therefor finding the best betting system when gambling is crucial. This article discusses three popular gambling betting systems used throughout history (and current) and which ones are the best to use when playing blackjack. The three betting systems are the Labouchere, Paroli and Parlay systems.
1.) Labouchere Betting System
Description: The Labouchere system is a negative progression betting system. It is also referred to as “Cancellation”, “Crossout”, “Labby” and “Split Martingale”. Using the Labouchere betting system, you will always make a profit after finishing the entire betting cycle. To complete the system you must win all bets.
How It Works: You must first write down a series of numbers, such as “1 2 3 4 5 6 7 8″, however the series could be any numbers and any length. It could be “1 1 1 4 3 7″ or 3 1 5 6 1 1 8 4 2 1″. The length and values of the numbers depend on the game you are playing and the rules.
Each number in the series represents a value in units or chips. You start by adding up the first and last number in the series. The sum is the unit of chips you will bet. If you win, you cross out the first and last number, and add the next first and last number in the series (the ones not crossed out) and use this sum for your second bet. If you lose at any time before completing the system, you start from the beginning. If you win all bets and complete the system, then you start again from the beginning (the original sum from the first and last number).
You must carefully develop this system before playing and strictly adhere to following it once playing to win money. Be sure to account for your bankroll.
2.) Paroli Betting System
Description: The Paroli system is a positive progression betting system. This system does not require a large bankroll and is considered more stable than other betting systems when playing blackjack.
How It Works: You start your bet with one unit. If you win the first bet, then your second bet is the first bet plus your winnings. If you win the second bet, then your third bet is the second bet plus the winnings from that. At any time that you lose, you start the next bet at one unit.
For example, if you start with $100.00 and win $100.00, then your second bet would be $200.00. If you win the second bet, then your third bet would be $400.00… etc. You include all winnings in your next bet, including extra winnings from doubling down, splitting or blackjack.
An important part of this system is having a stop point, which you must determine before you start gambling. The stopping point may be a unit or dollar amount. After you lose a bet or reach your stopping point, you must bet one unit on the next bet.
3.) Parlay Betting System
Description: The Parlay system is another positive progression betting system and can successfully be used in the game of blackjack. It’s derived from the system that banks use to compound interest and is also referred to as the “Let It Ride” betting system.
This betting system involves less risk than similar systems and does not require a large bankroll to use.
How It Works: This system is similar to the Paroli betting system. The only difference with this system is that you literally “let it ride” with your bets. With each successive bet, you place your winnings on top of the original bet. There is no stopping point. Since you are betting in a pyramid fashion, you can turn a small bet into exponentially large winnings. Unfortunately with this system, when you lose you lose everything.
The Labouchere, Paroli and Parlay systems are the best betting systems for playing blackjack. There are other betting systems out there but they are better used with different gambling games such as craps and roulette. Which system you choose will depend on your own personal style and bankroll. These betting systems are great for all blackjack games including those at real and online casinos.
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The Easiest Blackjack Card Counting System
Sep 18th
I personally recommend using the Red Seven or KO Count card counting systems. They are basic systems that perhaps are the second easiest to learn. By using an easy system you sacrifice some potential advantage. However, a simple system counted correctly is better than an advanced system played incorrectly. Plus, with a simply system you can play a fast paced game, playing more hands per hour. All statistical advantages require time to bear fruit, so the more hands you play the better.
So what is the easiest system? That is the Wizard Ace/Five count system. Be warned, it is easy but not for the faint of heart. It attempts to counter the accuracy loss by using large bet spread. Any card counter must increase his bet when the odds are in his favor in order to beat the house. The difference between the minimum wager (played when at a disadvantage) and the maximum wager (played when at the maximum statistical advantage) is the bet spread. The Wizard Ace/Five count has a maximum bet potentially as high as 38 times the minimum. That means if you a $10 minimum, you must be prepared to wager up to $380 on a single hand. You must also have the bankroll to support that high of a spread.
Card counters are normally identified by their bet spread. With such a large bet spread, you may think the Wizard Ace/Five count may quickly get you spotted as a counter. On the contrary, the Wizard Ace/Five system is so basic; you are unlikely to get identified as a counter.
In addition, the Wizard Ace/Five offers little advantage. The system can be used recreationally just to gain comps from sustained playing time, but will offer little value beyond that.
So what is the Wizard Ace/Five? The system uses only 2 point values. Any five card played is +1. Any ace played is minus one. That’s it. You keep a running count starting at 0 and looking for fives and aces only. In addition, there is no “true” count, so you do not need to divide the running count by the number of decks remaining. With a 75% penetration, stand on soft 17, late surrender and re-splitting aces you can get a 0.22% advantage using the recommended bet spread.
The five card is an important card because it will not bust the dealer hitting a 16 and makes a 17 out of 12. Therefore the five is important. The ace on the other is beneficial to the player. Ace and Shuffle tracking exist just to track aces.
Now the painful bet spread. You bet the minimum wager on any zero or negative running count. For a positive count, you bet 2 times the minimum times the running count. This can potentially lead to a spread of 38 times the minimum assuming a six deck shoe. If you were to assume that all fives were played (4 cards per deck and 6 decks per shoe) and no aces played, the highest bet could be 48 times the minimum (24 x 2). I have heard that in simulations of a billion hands, the spread never actually got higher than 38 times. You must bet the proper spread in order to take advantage of the positive signal. Reducing the bet spread reduces your edge. The average bet in simulation is 2 to 3 times the minimum wager.
The Wizard Ace Five is the easiest card counting system. Learn more about Wizard Ace Easy Card Counting.
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What Makes Martingale System a High Risk Roulette Strategy?
Sep 6th
If you are an avid gambler or a fan of casino systems in general, you have probably heard about the Martingale System. Survey results found that it is one of the mostly used casino betting strategies. Martingale system had been invented to beat the casino games in general, but it is widely used as the core strategy for many Roulette systems. But, if you are new to Roulette strategies, you are advised to avoid playing with Martingale system because it has been proven to be a high risk Roulette strategy that can make you broke. What makes it a high risk strategy?
Don’t be surprised if I tell you that most new Roulette players are using Martingale system to beat the wheel. In fact, it is the first Roulette system for many gamblers. Some lucky gamblers manage to switch to other Roulette strategy once they found the system doesn’t work in the reality, but there are unlucky players who are heavily in debt because they never give-up and keep trying to use the system to beat the wheel.
The key reason that makes Martingale system one of the most famous roulette strategies lies in its pure simplicity. Theoretically it works flawlessly at any bet that involves 50/50 chance of winning. Theoretically, it is a foolproof system that guarantees you will win eventually, not matter how much you have loss, you will always exit the game with winning. The paradigm of the Martingale system is: if you place a bet and win, pocket your winning, but if your bet loses, make a new bet that is double the original bet until you win, you will recoup your original loss plus a winning. For example, you bet $5 on Red at Roulette, if you win, you will get back $10 ($5 of original bet plus $5 of winning). If you lose, then you have to double your bet, it becomes $10, if you keep losing because the outcomes turn out to be BLACK, the following bets will be $20, $40, $80, $160; let’s say you win at the bet of $160 when the outcome turns out to be RED, you will get $320; but after deducting the previous losses and the original bet, you will win $5. This is how the Martingale system works as you will definitely recover your losses plus a winning that is equaled to the initial betting amount provided you have huge amount of money that can be used to keep doubling up the betting amount until you hit a win.
Keep in mind that casinos will never let Martingale system to work flawlessly. They have done something to break it so that casinos can prevent from facing huge losses if players implement Martingale strategy. Every table at casino has a maximum limit, which is the blocker that stops Martingale system from function flawlessly. Even though the player is a billionaire who has big money to double up his bet, he will never have the chance to do it once his bet hits the table limit.
As you can see in the example given above, every time you lose a bet, you have to double up your wager on the next turn. Let’s say you have hit a long losing streak of 7 times, with the initial bet of $5, the 8th wager amount will be $640. If you lose again, then you have to place $1280 at the 9th turn. Could you see that you are risking over thousand of dollars just to win a $5. Moreover, if you have kept a record of Roulette results, you will find that a consecutive red, black, big, small and odd or even for more than 10 times are so common. Most often, a $5 roulette table will have a maximum table limit of $3,000 at a land-based casino and $300 at online casino. Therefore, you have very little chance to win with Martingale system. At any time, when you go one a long losing streak, you run a serious risk of going broke.
Summary
Players may see nice gains by playing Roulette with Martingale system over the short-term. However, you can quickly run into a risk of losing big amount of money when you hit a dreaded losing streak. Therefore, Martingale system is a high risk Roulette strategy, which you should avoid using it.
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