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Martingale Betting System - Are You SURE?
Very common and popular system among newbies who like roulette, but not a very useful one. Sure, it seems simple and logical - you start with, let's say, 10 bucks and you double it every time you lose in order to win it back.
Let's look how the bets increase with every loss - 1) $10, 2) $20, 3) $40, 4) $80... 9) $2960! Okay, it's very rare to lose 9 times in a row when playing roulette and betting on red/black, but let's face the facts and more important - the ODDS. The chance of losing 9 times a row is somewhere near 1/500, meaning that chance of losing 3 grands in order to win back your $10 is around 1 in 500...
You may get lucky, of course, and probably you will first few times, but in the long run you lose and when you lose, you lose really big. Hey, I've seen roulette ball landing on black 13 (thirteen!) times in a row and I have heard stories of people getting 17 reds in a row. Now, if you take this initial $10 bucks and calculate, you can see that if you keep using Martingale and if you wait long enough, you will lose hundreds of thousands. For example, if you start with $5 and lose 17 times in a row, your last bet will be $327,680. Now - how sick is that?!?!
"If I had the money and the drinking capacity, I'd probably live at a roulette table and let my life go to hell," said Michael Ventura once. I think he forgot to mention "Martingale Betting System".
Some people use Anti-Martingale System, where you have to predict a win (6 blacks in a row, for example) and where you have to double every time you have won. If you've won three times in a row, start all over again. If you lose, start over with minimum bet (do not increase!).
GamblingRalf recommends Anti-Martingale System (if any system at all, and IF roulette at all...), because it's not as nerve-wrecking as the others - you don't have to place cosmic bets to win back your pocket change.
Ralf Vinogradov is a part-time journalist in a newspaper and an editor and webmaster of gambling related website GamblingRalf.com, that introduces wackiest online casino bonuses. He also runs infamous newsletter called "Club Hundredaire".
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How to Master Low Limit Texas Holdem, Part 2 - The Online Poker Game
I continue my articles about learning to master online poker at low limit stakes. In the last article I wrote about the chance of winning in a casino.
Dice Games 101
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On the Friday afternoon drive home, I'm relieved the weekend has finally arrived. Sleeping in, afternoons at the pool and?the looming pile of clothes on the laundry room floor! The endless list of household tasks never seems to go away.
Playing Low Limit Shorthanded Holdem Online
When it comes to playing shorthanded games online, one size definitely does not fit all. Certain concepts, aggression being the most important, are paramount no matter WHAT level you are playing; but the low limit games with its preponderance of loose, passive opponents mandate a slightly different style of play be used to maximize profits.
Tips On How To Gamble
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Casino Food 101
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The Secrets of Laying the Four and Ten
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5s in Blackjack
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To Bet Or Not To Bet? Do You Have What It Takes To Be A Happy, Healthy Gambler?
I placed my first bet when I was at university. I did not do it to make money, that was just a by-product of what I was really after - the thrill.
Online Gambling For Newbies
Often incorporating creative and realistic graphics along with high tech software, online casinos offer a wide variety of game themes with Slot Machines, Roulettes, Craps, Specialty games, Black Jack and Poker rooms. Anyone new to online gaming will want to do a bit of reading up on whats popular and who is reputable before they reach for their credit card.
The Silver Club Casino
The Book is run by Leroy's Sports Book and is easy to get to. This is the best place to go if you want to make a bet and not wait in a line.
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Do You Believe These Four Online Slot Machine Myths?
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The Healthy Gambler
In our day and age gambling is very popular. The problem is that many still see it as being wrong.
Party Poker Room Review
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Video Poker - Tips to Remember
Video poker is an easy game to learn to play well, so do take the time to learn the basic draw strategy, as well as the best machines to play (the ones with the most favorable payout schedule). In addition, the tips below will give you a better chance of winning and overall make the game more enjoyable.
Why Gamble on Sports?
Its really not that big of a stretch of the ole imagination to think that today's gamblers are no different than gamblers of old, the only real difference is what gamblers of old wagered on and what gamblers of today wager on.Today we gamble on a lot of the very same things that gamblers of yesterday wagered on, with regard to wagering on horse races, cards, dice, and even political elections to name a few, but gamblers today have the ability to wager on a much wider assortment of things including but not limited to church and fire hall bingo, slot machines, poker machines and even state sponsored lotteries, heck, today we even have a state who has an economy built around gambling halls or what we now refer to as casinos.
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