Martingale Betting System in Craps

The best way to describe the Martingale System is, it is the only one that you keep doubling up on after a loss, in a hopeless attempt to break even. This system increases your chances of winning in the short term, which is what most of us are likely to want as we only play when we are on vacations. But if you are in it for the long term then this system isn't for you.

This system is one of the oldest betting systems in the world today.

So how it works is, you make your standard bet of about $5, on an even money bet. Every time you win you make the same bet for the next round, after a series of losing rounds your net win will be $5. Every time you win a bet, you will be up another $5, heedless of your past losses.

An Example of this method is: Now follow carefully, you bet $5, you win, so you bet the $5 again. But this time you lose, so you bet $10, but you lose again, so you bet $20, you lose again, so you bet $40, you lose again, then you bet $80 and you win. Your net win on that round would be $5 , and since you won $5 before your losing streak, you're ahead a total of $10.

Now if you could always double what you bet when you lose you'd be guaranteed to always come out ahead. But you can't keep doubling your bet in real life or you will soon be out of money pretty darn quick.

If you start with $5 and lose thirteen bets in a row and it can happen. You will have to find $40,960 for your next bet, which would be a big ouch. And a drain on your holiday finances.

So this is the risk of the Martingale System if you lose enough times you will surly go broke in no time. So as I said the Martingale System can be really good if you want to win for the short-term, but not in the long-term it can get quite costly if your on a losing streak.

So be aware. And choose the best system which will work best for you.