Are there really roulette strategies that work, and why can the Martingale system dig such a big hole in your wallet? Let’s take a closer look at these interesting questions and their even more interesting answers.
Why Do the Martingale and Fibonacci Strategies Not Work?
Ever since they started letting a small white ball spin over a large glittering wheel, people have spent massive amounts of money and even greater amounts of time dreaming up strategies in hopes of outwitting the casino.
The Martingale strategy, also known as the “double bet”, has been developed in many different variants by both skilled mathematicians and desperate players, and yet it seems that the casinos are doing very well – indicating that the perfect system has not yet been invented.
It is not only the possibility of “0”, or “0” and “00”, which gives the house an edge, but also the fact that the ball can theoretically end up in the red a hundred times or more in a row. If you single money and get the crown, the probability is still 50% that it will happen again, and again, and again.
There is no guarantee that the bullet will ever land on black again, and if it does, you may have already exceeded the house’s maximum allowable bet in your attempts to follow the Martingale strategy. In fact, at most casinos, you exceed the maximum limit after only eight rounds – and have lost $ 1135.
Similar strategy based on increasing efforts can be just as detrimental to your wallet and peace of mind. The Fibonacci strategy is based on you betting on the sum of the last two numbers – 1.1.2.3.5.8.13.21.34 and so on – and is a less intense version of Martingale.
