1. The Martingale betting system is a strategy used in Roulette where you only bet on Black or Red and after every loss you double your bet. With this strategy, eventually after a win you would make a profit equivalent to your initial bet. Problem with this system is hitting the table limit or running out of money before being able to double your bet.
I.E. $10=L, $20=L, $40=L, $80=L, $160=W
Loss=$150
Winning=$160
April 5, 2011
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