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[Method] For people outside the USA

Discussion in 'Making Money' started by fbpages, Nov 3, 2010.

  1. fbpages

    fbpages BANNED BANNED

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    Well, this is a method i tested myself and re-tested and tested again, so don't say it don't work!

    it has to do with the roulette game on those betting houses.. like bwin.

    put like $500 in the account and go to the roulette game...

    bet $5 on the red
    (if black wins..) double it ($10) and bet on the black and keep doing it till you win.. when you win go back to the $5
    (if red wins..) bet the same amount on the red again

    seems too easy? it is! but don't abuse the system or you may lose it all!
    make $30 or $40 and move on to the next betting house... dont make more than $150 per betting house in 1 week.

    have fun!
     
  2. nufaman

    nufaman Elite Member

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    Wow, am I back in the 80's?
     
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  3. rexmtn

    rexmtn Newbie

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    That's a new one .. cough *martingale* cough ..

    If it worked the casinos would have been bankrupted a long time ago

    R
     
  4. tacopalypse

    tacopalypse Executive VIP Jr. VIP Premium Member

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  5. sirgold

    sirgold Supreme Member

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    The Martingale Betting System - FLAWS

    Most players in the casino are looking for a system to help them get the edge. Many of them stumble upon or hear about a surefire system that involves doubling their bets after each loss. They figure that sooner or later they have to win. This system that is called the Martingale system and it has been around for years. It has also been the ruin of many players. Here is how it works. You make a bet and if you lose you double your bet. If you lose again you double your bet. You keep doing this until you win and then go back to your original bet.

    Let's look at an example of the Martingale. For this example we will assume you are playing on a five-dollar table. First of all most casinos have a maximum bet. Many five-dollar tables have a maximum bet of $500. If you bet using the martingale where you double after every loss the progression would look like this:

    You bet $5 and you lose.
    Your next bet is $10. If you lose:
    Your next bet is $20. If you lose:
    Your next bet is $40. If you lose:
    Your next bet is $80. If you lose:
    Your next bet is $160. If you lose:
    Your next bet is $320. If you lose:
    Your next bet is $640, which exceeds the maximum bet for the table.

    It would only take eight losses to exceed the table maximum bet. It doesn't matter how many times you double up your bet. You will up you will only win five dollars if you eventually hit. This takes into account all your progressions up to that point. Even if you could exceed the $500 maximum bet, on the eighth bet you are risking $640 to win $5. You have already invested $635 for your previous seven bets. If you lose that one you are out $1,275. Can you imagine risking over a thousand dollars for a chance to win five dollars? The casinos know that if someone had unlimited resources they would eventually win. That is why the set maximum bets at the table.

    Some people who try the Martingale system have an initial success with it. They might win consistently for many sessions and swear the system is fool proof. Sooner or later reality will kick in and they will discover the flaw in the system. I know because years ago when I was naive about the casino world, I was one of those persons who tried the Martingale.

    To use the Martingale system you have to place even money bets. One of the most popular bets for players using this system is to bet black or red on the roulette wheel. (This is also one of the best games for showing you the flaws in the Martingale system.) Shortly after I started playing table games, I read about the Martingale and decided to give it a try on my next visit to Atlantic City. I started with a bankroll of $200 and I won $145 on my first trip using the system. I won on three trips after that building a bankroll of $500. This was too easy. I wondered how the casinos could stay in business if everyone used this system?

    On my next trip I took my bankroll to the table and placed my $5 on red. I lost and started the progression. I placed my next bet and lost again and again and again. I lost six bets in a row. When I lost the bet for $160 I was down $315 and only had $185 left of my five hundred dollars. I did not have enough money to bet the $320, which was the next step in the progression. I was nervous and down hearted. I couldn't believe this could happen to me. I was all ready to throw down my remaining money when I came to my senses and decided to take break.

    I thought about what I had just done and realized that this system was not fool proof. Anything can happen in a casino including losing several bets in a row. That was many years ago and I am wiser to the realities of the games. There are still many players however that are just hearing about the Martingale system and are convinced that they can't lose with it. Here is an easy way to see for yourself.

    If you believe that you can't lose seven bets in a row take a walk through the casino and look at the display board that is connected to most roulette wheels showing you the twenty previous spins. How many times do you see one color come up more than seven times in a row? I once saw black appear 17 times in a row! If you started with a five dollar bet and used the Martingale system, your 17th bet would be $327,680.

    No betting system will change the overall casino edge and the Martingale system can be disastrous when things go bad. Please don't be one who is fooled by this system.
     
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  6. CasinoJack

    CasinoJack BANNED BANNED

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    Always bet the gray horse, wins every time...I won last week so will win for life!

    or you got lucky maybe?
     
  7. Sanitarium

    Sanitarium Regular Member

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    EDIT: i'll leave him alone, think he's just trying.
     
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  8. fbpages

    fbpages BANNED BANNED

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    that's why they lock up your account when they start to get suspicious.. and for your information if you do this on a casino they ban you because its called "playing dirty"


    and well back to the 80's? as long as it makes money idc what year is the method from
     
    Last edited: Nov 3, 2010
  9. fbpages

    fbpages BANNED BANNED

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    is not betting on the same color over and over again... its changing the color if you lose and keep betting on the same color if you win..

    well im up over $1300 in 8 betting houses since last month and im always finding new houses with the roulette bcuz i already got 1 bwin account locked up for doing it with 470$ in profit in 2 weeks, they said i was playing dirty so they paid me but locked my account forever.
    and i was only betting starting with $1, the $5 was just an example
     
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  10. Bolo334

    Bolo334 Junior Member

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    You should have put this in a $97 ebook.
     
  11. rexmtn

    rexmtn Newbie

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    You don't need to worry about covering your tracks. If the casino sees you playing martingale they will be happy for you to play as much as you like - until all your $$ have gone that is.

    The roulette wheel has no memory. Each spin is completely independent of the previous ones.

    And it doesn't matter if you play red or black or odd or even - they all have exactly the same odds. Effectively they are the same.

    R
     
  12. dunhill

    dunhill Power Member

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    i agree ... :D
     
  13. simplyjo

    simplyjo Power Member

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    Haha. I was trying to be a smart ass one fine day and tried this so called 'trick' in a 'real' casino. Let me tell you - It does NOT work. There is a limit to how much you can double and trust me, if it worked for you, you are just a bit lucky so far.
     
  14. trafficsource

    trafficsource Jr. VIP Jr. VIP Premium Member

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    you said that "bet $5 on the red
    (if black wins..) double it ($10) and bet on the black and keep doing it till you win" and then you said "is not betting on the same color over and over again"

    so it's still betting on same color ? :)
     
  15. theshnizzle

    theshnizzle Newbie

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    It does not work for the simple reason you cant double up enough times to get your money back if you go on a losing streak.
    eg.$5 and lose then you bet $10 and lose next its $20, $40, $80 , $160 then $320 which you cant bet because the maximum bet limit is $300..so its bs
     
  16. outsidethesquare

    outsidethesquare Regular Member

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    It does not work regardless of what colour you bet on as that doesn't change the odds of the bet.

    Law of large numbers says that everything always arrives at its expected value and you have a -EV on every single roulette bet no matter what. There is no way to win at roulette over a large sample.

    Martingale system (outlined by OP) only works in a scenario in which table limits are non existant and bankroll is infinite.

    Sure, losing a 50/50 bet (though sleightly less than 50/50 due to 0 and 00 in roulette) eight times in a row only happens once in 256, when this occurs (CERTAIN to happen eventually), you will lose $1270, and most likely all the profit you have made.
     
  17. Alexfrance

    Alexfrance Regular Member

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    retarded idea...
     
  18. QuietZorg

    QuietZorg Regular Member

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    This works , temporarily , sometimes.

    But the only way to win at roulette, put 1$ on red, and 1$ on black, so you will win 0.05$ every spin, give it a go
     
  19. frankjames

    frankjames Newbie

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    This is just a load of bollocks ,you might win short term but you will lose in the end casinos cannot be beaten
     
  20. kappa84

    kappa84 Power Member

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    This system really works but not on roulette. :)

    It works on soccer: let's say you're into Spanish championship. You analyze last championship for which team got the most equal scores and go with that one. It is almost impossible that a middle-team not to make AT LEAST 2-3 equals in a season.

    Then you place your bet on each game, doubling the sum each time, on equal. While for an equal you almost win 3 times the sum you've bet, this method is almost flawless.
    Let's say you bet:
    5 - lost
    10 - lost
    20 - win you have 20x3=60 - 35invested = 25$ profit

    Go further:
    5- lost
    10 - lost
    20 - lost
    40 - lost
    80 - lost
    160 - lost
    320 win - 320x3 = 960-635 invested= $325 profit

    It's not flawless but it's way better than roulette . :)