It comes from roulette but is also common in sports betting. The Martingale Betting System is best used on even odds wagers. And thus, negative progression betting systems were born, and specifically, The Martingale Betting System. So when this bet on red loses, for me to make up that loss, my next bet will be doubled. The odds don’t change, so we, as the bettors, must act to change the potential result. If you roll a 7 five times in a row, your sixth roll has just as much a chance to land on 7 as the seventh roll, and eighth roll, and so on.īecause a loss on red at the roulette table doesn’t mean that the next spin is more likely to land on red, we get progression betting systems. Each hand plays out exactly as the odds dictate with absolutely no influence from the hands before it. For example, the longer you go without hitting a blackjack, the more likely it becomes that the next deal will result in a blackjack. There is a fallacy that floats around in the head of gamblers that believes that the longer an event hasn’t happened, the more likely it becomes that it will happen. Gambler’s Fallacy and The Martingale System
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