We first bet (1) dollar on a 1to1 bet:
-Either we win, our profit is 1 dollar.
-Either we lose. We must then bet 1 x 2 = 2 dollars on the next move. If we win, we receive 2 + 2 = 4 dollars while we bet 1 (lost at first) + 2 (bet this move). It is therefore a profit of 1 dollar.
Whenever we lose, we double up on the following bet:
If in the previous case, after having bet 2 dollars, we lose: we bet 2 x 2 = 4 dollars.
-If we win, we receive 4 + 4 = 8 dollars. Thus, we bet 1 (lost at first) + 2 (lost in second move) + 4 (bet this move). It is therefore a profit of 1 dollar.
-If we lose, we bet 4 x 2 and the strategy is repeated indefinitely.
This principle is based on the fact that statistically, the odds on 1to1 bets have half a possibility to appear. So, we will not have to double the wager too often.
Roulette is the gambling game where we have the best probability to win. It is undeniable with this strategy. The casinos have obviously put some restraints and limitations.
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Martingale limitations…