Martingale Betting System Craps
The Martingale betting system dates back to at least the 18th century when gambling halls first gained popularity in Europe. It is most frequently applied to games like craps and roulette but can just as easily be applied to any game of chance. The reason that betting systems like the Martingale are not frequently used for skill-based games like blackjack and video poker is that there are real strategies that would be better employed to improve a player’s odds in those games. Furthermore, those games have betting maximums that would make it impossible to continue using the Martingale system in instances where players hit a long losing streak.
- First, money management is the key. Remember that if you play the game correctly you basically have a 50-50 bet. If you play craps over time, you will be up $$ half the time, and down $$ half the time. The key with the 4, 2 Doey-Don’t system is to leave the table when you are up (with a profit) and to limit you loses.
- Martingale doesn’t work in craps, but nor do many other systems, and superstitions. Allow us to introduce you to the most commonly seen craps systems and explain to you why they aren’t the smartest choice to make! Top 4 Best Online Casinos What is Martingale and Why It Doesn’t Work?
Beware
Here is a table that shows the bet, amount invested, win amount (taking the bet down), and profit. What we have here is a Fibonacci progression. This and the Martingale progression are well known in betting systems. In 'up as you lose' progressions, the thought is that when your number hits you will recoup your losses and garner a little profit. The Martingale system doubles the amount of the wager after every loss. When you finally hit a win you win enough to cover all of your previous losses and still have a win equal to your original bet. For example, if your first bet is for $20 and you lose three bets in a row and win the fourth here is the step by step process. Bet $20 and lose.
The Martingale system gives the player a high chance of winning a lot of small amounts and a low chance of losing a large amount, therefore typically users of the system will be better off in the short run. However be aware that it is inevitable that the player will eventually lose an amount so large that they go bust or hit the table limit and be unable to continue.
How does the Martingale betting system work?
The Martingale is probably the most popular betting system, not because of effectiveness, but because of simplicity. There are no complex equations to memorize here; anyone can quickly learn and use the Martingale system. The system works best on bets that have a near 50/50 chance of winning or losing, such as bets on the red or black of a roulette table. Players need only double their bet (or more) with every loss. For example, if a player wagers a minimum $1 bet on the black at the roulette table and subsequently loses, then according to the Martingale system’s rules they would then wager $2 on the next spin, again on the black and always staying on the black. If they lose again, then their next bet will be $4 and so on, doubling it after every loss. Then, when the player eventually wins they will recoup all of their losses plus a little more and their next bet will return to the original $1 to start the system again.
What is the logic behind the Martingale betting system?
At first glance, the Martingale betting system makes perfect sense. By doubling your bet (or more) after every loss, you ensure that when you do win you will win back all of your collective losses as well as a profit equal to your original bet. Returning to your original bet after every win also seems to limit your investment by keeping your wagers as low as possible. To step things up a bit and make the system pay off more quickly a player can recoup all of their losses plus a lot more if they decide to triple their bet after each loss instead of doubling it. Deciding to triple the bet after each loss must not be taken lightly though as it increases the risk exponentially as can be illustrated in the table of odds below.
Why is the Martingale betting system flawed?
The Martingale system may sound too good to be true to newcomers but it is no path to easy money and those using the system are exposed to unlikely but high value risks for little reward. The system manipulates statistics so the player has a high chance of winning a lot of small amounts in exchange for a low risk of losing a lot. The problem is that if the system is used by a player for long enough it is inevitable that the player will eventually hit a losing streak, making a huge loss that will wipe out all of the cumulative small wins they made over a long period of time. According to the law of statistics there is approximately a 0.1% chance of losing a 50/50 bet more than nine times in a row but if a player uses the system for 1,000 bets then they are likely to see this outcome once and that could spell huge losses. The other thing is that most table games like roulette have minimum and maximum bets, which do not work well with the Martingale system as players are likely to hit the maximum table bet at some point.
Would the opposite of the Martingale betting system work?
Many players both consciously and unconsciously utilize what is known as an anti-Martingale betting system. That is, they try to take advantage of positive fluctuations in the odds by only increasing their bets when they’re winning and by only making the minimum bet when they are losing. This may seem safer, because you are only betting more when you have already made a profit, but unfortunately the end result is the same. If you keep doubling your bets as you win, then ultimately when you finally lose you lose everything you have accumulated plus any minimum bets made between wins.
Martingale Betting and “Sticky” Bonuses
The Martingale System does work very well when wagering with non-withdrawable bonuses. It is not uncommon to find situations where you can deposit £100 and get as much as £400 in non withdrawable money that you can wager with. Some casinos have maximum win rates from these deposits which can reduce the benefits of playing games such as slots or video poker as you do not get to fully benefit from your winnings. Instead of playing the full Martingale system you can start with small bet sizes of whatever game you are playing and then if you have lost some of the money and keep increasing the size of your bets (but not depositing again) until you have either busted your deposit and bonus money or made a profit.
The Best Online Casino to use the Martingale system
Intercasino have a European Roulette game that display the minimum and maximum bets, allowing you to choose what tier of play you are interested in and also making you clearly aware of the table limits before you start play. Also, this game follows the La Partage rule that provides a house edge of just 1.35%, which is the lowest you can find at any casino online. It does this by having a single zero on the table and also giving you back half of an even money bet should you land on the zero. It also allows you to place quick bets, where the ball lands within a second or two so you can go through something like 10 bets a minute if you’re fast. The game itself is powered by Amaya Gaming so you wont find it everywhere. All these elements combined make Intercasino‘s European Roulette a categorically great place to use any roulette system like the Martingale – just make sure you understand the system well first.
Have you used the Martingale system?
Have you ever used the Martingale system and what was the outcome? We would love to hear your experiences and thoughts in the comments below.
There a number of gambling systems that promise or even “guarantee” winnings. The truth is, most players know that using a system to play Craps doesn’t really work. In fact, there is a common belief among Craps players world wide that the Craps systems don’t work at all. They can create a false feeling of confidence and profit.
Actually, none of the systems work due to a flaw called the “gambler’s fallacy.” It’s “the doctrine of the maturity of chances”, that is, what has not yet occurred is more likely to take place. A number of systems have been invented based on this fallacy but nothing really works and the casinos obviously relish these systems as it means more profit for them.
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The Martingale System
The Martingale system is famous all over the world for its guaranteed win to any player. In this system, the player doubles his bet in each round that he loses. It’s advised to start with the minimum bet to allow for more losing bets. The theory is that you will eventually win, therefore erasing the losses. If you win the first round, it is a profit. This system is popular with bets such as pass line in Craps and Black or Red in Roulette.
However, in truth, it’s easier to lose money in this system than to gain. If you lose a number of bets in a row, you will definitely lose all your money by doubling it at every bet. You cannot predict any resulting bets and previous bets have absolutely no link with any of your future bets in this system.
The other important point to note with this system is that Craps tables now have a table maximum bet. This gives the casinos a safeguard against players using this system. Even with the smallest Martingale starting bets, you can only having 6-7 losing bets before this system is ineffective.
Modified Martingale Betting System
The Iron Cross System
Grand Martingale Betting System
The Iron Cross system is another globally recognized strategy in Craps systems. With this system, you can almost win with every roll of dice. The only number that results in a loss is 7. There are several other variations of this method like the Unbeatable Iron Cross and the Iron Cross with Pass Line bet that minimizes the chances of loss by the roll of 7.
The main flaw in this system is that it uses two different types of bets with relatively high house edges. It combines the Field Bet with the Place bet to cover all the numbers besides the 7. The house edge of using the Iron Cross System is 3.87%
Should You Use Craps Betting Systems?
This is a matter of personal preference, of course. It is fine to use these systems as long as you understand how they work. They have been proven to not give you a house edge and, in fact, the house edge is worse than a Pass Line Bet.
Martingale Betting System Roulette
On the other hand, a house edge of 3.87% on the Iron Cross System is still pretty low compared to a lot of other casino games and online slots. They can be fun and you can still come out a winner. Just because, statistically, the edge isn’t in your favor, you are not set up to lose every time.