In gambling, a martingale is any of a class of betting strategies that originated from and were popular in 18th century France. The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy was to keep doubling one’s stake until winning.
Thus, the first win would recover all previous losses, plus win a profit equal to the original stake. The martingale strategy has been applied to roulette as well, as the theory goes that the probability of hitting a black number is 50% (excluding 0s) and so with infinite money and time, one will eventually hit black and win everything back plus make a small profit.
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The problem with this strategy is that it only works if you have an infinite amount of money. In reality, eventually you will run out of money and be unable to double your stake.
This is known as the gambler’s ruin.
There are variations of this system which do not require an infinite amount of money, but they still rely on luck rather than skill, and so are not recommended for serious players.
Martingale betting systems are one way that casinos protect themselves from big losses at the hands of lucky players. By limiting how much players can bet on each spin, they can ensure that they won’t lose too much money if a player gets lucky and hits a streak of wins.
So what is martingale in roulette? It’s a betting system that relies on luck rather than skill, and one that can ultimately lead to big losses for the player.
