No review of betting systems would be complete without talking about the Martingale Betting System. It’s one of the oldest betting systems in existence, was founded sometime in the 18^th century and this progressive system has withstood the test of time as many gamblers continue to use this system.

1. Martingale System Sports Betting
2. Martingale Betting Method
3. Martingale Betting System
4. Martingale Betting System Roulette
5. Grand Martingale Betting System

The higher loss rate makes it more likely that your system will fail. The thing that you will lose not betting the Field is the ability to Double or Triple the amount bet on a win, but if you were to apply your system to something with a lower loss rate, such as a Line Bet at Craps or Baccarat, then you will lose less often. Axis Power Craps includes betting strategies for every dice pre-set arrangement. Precision dice shooting works for both right-way and wrong-way play. Your package features an instructional 100 page workbook with dozens of photographs of dice pre-sets and grips. Larry Edell's Everything Craps Strategy Book is full of information for the aspiring craps player or for someone who wants to hone their craps skills. The book includes basic odds and theory overview, don't pass and don't come strategies, a discussion of betting systems, prop bet systems, and much more. Did you know that you have the lowest house edge with this game? You should proceed with caution, and only make bets if you are a serious player, a professional, and someone who rocks in the game of craps. Source: Forbes 7. Blackjack strategy. The Martingale system here allows the player to double up their winnings.

The Martingale Betting System is designed and works best on flat bets like red or black on roulette or betting the field in craps.

What’s so intriguing about the Martingale Betting System is that it’s probably one of the only betting systems that, in theory, actually works. It’s great for hot and choppy tables and virtually assures you leave a winner in these situations.

The Martingale Betting System is also very simple, easy to execute, and requires only two steps in the process.

BUT it comes with a BIG downside… It can lead you to financial ruin if you run into a losing streak and attempt to play it to its end.

Here’s how the system works;

Martingale System Sports Betting

• On any loss, you double your bet
• Once you win, you regress down to your original bet

So, let’s say you’re playing the Field at the craps table and the minimum bet is $5

• Start with a one unit (in case $5) bet on the field.
  • If you lose, you double your next bet to 2 units ($10)
  • If you lose again, you double your next bet to 4 units ($20)
  • If you lose again, you double your bet again to 8 units ($40)
  • If you win, then your next bet reverts back to the original one unit ($5)
• The magic in this, is that sooner or later, you’re going to win… you won’t lose forever
• When you win, you’ll have recovered all of your loses, plus the winnings on your original bet

Let’s take a look at the example we just ran above.

• In total, we had lost $35
  • (The $5 initial bet, the $10 second bet, and the $20 third bet)
• We won on the 4^th bet of $40, recovering our $35 in prior bets, plus one unit (or $5) in winnings

If you’re like me, the first time I heard about this system, I got pretty excited, until I realized there are 2 major problems with this system.

• You need an unlimited bankroll to weather any non-winning streaks, and
• Most casinos have tight table limits, to ensure you hit the ceiling before recovering from a bad streak

To see the impact on your bankroll during a losing streak, take a look at the example below using a $5 minimum table

As you can see, there are not many that can afford the bankroll needed to support extended losing bets, and even if you did, the table limits would leave you with no alternative but to take the loss.

Additionally, it’s difficult to justify this type of investment for a one unit win.

Due to this, a number of variations to the Martingale System have been developed to minimize the progression. (We’ll cover some of these in future posts.) These variations come with a cost though. You end up trading a more affordable progression for less effectiveness is winning.

If you’re looking for wins in the short run and are disciplined enough to walk away when a losing streak starts adding up, then go ahead and try this system out.

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If you have any questions, suggestions or recommendations, feel free to leave them in the comments section below.

In the meantime…

BEST OF LUCK AT THE CASINOS!!!

Playing a 'Hopping 7Â’s' Progression

By Jerry 'Stickman'

Periodically people ask me about craps betting systems. Almost all of them rely on the premise that certain numbers are due because they havenÂ’t appeared for a while. I normally tell them that in a random you cannot beat the math of the game. The house edge is the house edge. In the long term you will lose the amount of money played times the house edge.

For many that is enough, but every so often someone says they have won a lot of money on a particular system and want me to look further into it. So periodically I will devote an article to exploring some of these systems.

This article will look at a 'Hopping 7Â’s' progression.

Here is the system as it was stated to me.

1. Start over with each new shooter.
2. Wait seven rolls before starting the progression
3. When the bet hits, take the bet down along with the win.
4. Start with a $3 bet. Starting with the first bet, the progression is: 3, 3, 6, 9, 15, 24, 39, etc. always adding the previous two bets together to determine the next bet in the progression.

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 Fibonacci progression is the less aggressive of the two.

Either of these progressions works as long as two things are true. The first is you must have adequate bankroll to make it through the inevitable losing streaks you will encounter. The amount you require can be very substantial. The last row in the above table represents the 17^th roll without a 7. While 17 rolls without a 7 appearing may be somewhat unusual, it is not that uncommon.

If the shooter goes 20 rolls without a 7 appearing, the bankroll required is almost $2,000.

If the shooter rolls just five more numbers without throwing a 7, the total invested is over $20,000.

And what is the shooter is extremely lucky and throws just 5 more numbers without a 7? Our hapless system player will have just over $225,000 invested.

If he should win on the 30^th roll, he will win $233,000+, so maybe he thinks it is worth it.

If our lucky shooter goes five more rolls without a 7, however, the investment skyrockets to almost $2.5 million. I donÂ’t know about you, but if I had that kind of money, I wouldnÂ’t risk it on a craps game.

The second consideration before using this system is something called table maximum. Virtually every craps game has a maximum bet ranging from $2,000 and up. Most of them are $10,000 or less. That means in the unusual but very possible case of someone going 25 rolls without a 7, this player is out his entire investment of over $20,000 and he cannot continue.

The math of the hop bet says that a player will lose 11.11 percent of all money wagered on a random shooter. That is what the math says. LetÂ’s see what some simulations say. I ran several simulations specifying a random shooter through an excellent software program called Smart Craps from DeepNet Technologies.

The first simulation did not put any limits on the maximum bet. It assumed an unlimited bankroll and no maximum bet limit at the craps table. It was very interesting watching the running edge percentage as the simulation progressed. For the first several seconds the expectation was a little over 103%. This means that if someone were playing this system and had the same results as the simulation, they would more than double their bets!

This came to an abrupt halt after about 96,000 rounds. At this point the simulation terminated because it couldn’t handle the size of the bet being placed – over 2.2 billion dollars. It may have taken a while, but the long term hit at about 96,000 player rounds.

Next I put some limits on maximum bet size. I started with 1.1 billion dollars. If the simulation hit the limit, it would restart the progression; that is, wait for seven rolls without a 7, then begin betting the progression. After 10 million rounds, the expectation was 59 percent for the house! During the 10 million rounds the $1.1 billion limit was reached 7 times. This was much worse than what the math would indicate, but with such a large limit, the long term had most likely not yet been reached.

Martingale Betting Method

Three more simulations were run with limits of $10,000, $3,000 and $2,000. The results more closely matched the mathematical expectations.

As you can see, all of these fell much closer to the calculated expectations.

So what does this show? You may be lucky and win for a period of time. You may even win for a long period of time. You could also be very unlucky and lose very big for a while. Eventually, however the math will catch up with you.

Martingale Betting System

In the long run, you cannot beat the math of the game with random shooters. You will lose the house edge of your bets times the amount bet. Accept the fact and bet the low house edge bets. Your bankroll will thank you.

May all your wins be swift and large and all your losses slow and tiny.

Jerry 'Stickman' is an expert in craps, blackjack and video poker and advantage slot machine play. He is a regular contributor to top gaming magazines. The 'Stickman' is also a certified instructor for Golden Touch Craps and Golden Touch Blackjack. For more information visit www.goldentouchcraps.com or www.goldentouchblackjack.com or call 1-886-738-3423. You can contact Jerry 'Stickman' at stickmanGTC@aol.com

Martingale Betting System Roulette

Grand Martingale Betting System