Random Poker Thoughts

If you’ve ever gambled in your life, especially in a casino, you must have heard about the Martingale system. It’s used in different areas of gambling, not just sports. In fact, it’s most famous application is to the game or roulette. I’ll us roulette as a way to explain how the system works.

Okay so, there are two important bets in roulette: red and black. Why don’t we say that you bet $10 down on red, and up comes black. Now, you’re down 10. To try to get the money back with the next wager, you put down another $20, but this time on black. If you get this spin, you win your twenty dollars back covering your first loss of 10 and putting you ahead by 10. If you lose this one, you are down thirty dollars, and the next wager will be forty. If you hit that, you earn your losses back again and then some.

So, talking about your basic betting units, losing the 1, 2, and 4 and then winning the next bet, an 8, still puts you ahead 1 unit. If we follow this sports betting systems strategy down the rabbit hole, we can see that however many times you lose, betting in this pattern will eventually put you ahead. So there it is, folks, the answer to all your wagering woes – you’ll always eventually profit with the Martingale, right?

Providing you’ve an limitless bankroll, limitless time, and you will find no limits where you’re betting, that’s completely correct. That indicates you are able to flip a coin for eternity, with infinite cash, and wind up having a profit from the Martingale eventually. You are able to see that this doesn’t assist for any of us betting on anything these days.

We are playing with a restricted bankroll, which has a restricted quantity of time or games to play, and there will eventually be a limit on the table or the book. A much more successful technique that takes into account our restricted bankroll is really a sort of modified Martingale betting method. The 1st bet is 1 unit. Immediately after a loss, the second bet is 2 units. If we suffer yet another loss, the bet becomes 4 units. A win, obviously, resets the program. Just after that, we pack it up and call it a day, or alter games.

Like other sports betting systems, the Martingale system, explained above, basically works so that a bettor wins most of the time and gets clobbered once in a while. Many statisticians have attacked Martingale systems,but do concede they do work better with positive expected value bets.

I will say that we have had great luck with Martingale betting, and I do practice it regularly. I have found that when combining my solid research on statistical history, taking math from the Kelley Criterion, and betting in a 3 bet Martingale progression, I win consistently. Perhaps a statistician could argue that I have been lucky to not have been hurt by an early losing streak, I have never been hurt by a bad early losing streak in a Martingale system (knock on wood).

Who doesn’t love the feeling of winning a lot? If you practiceg good money management, then I whole heartedly suggest you give the Martingale system a try!

Rich Allen is an expert in Sports Betting Systems and has worked for Las Vegas and Atlantic City books. His Sports Betting Professor Systems have sold over 250,000 units and cover all major sports. Download a FREE copy of The Sports Betting Insider’s Guide at: http://richallensports.com/sports-betting-systems

To learn how to build a poker table visit BYOPT. For discount poker supplies visit Discount Poker Outlet.