The most popular and most commonly known roulette strategy is the Martingale probability theory. This strategy is without doubt one of the most successful strategies adopted by many roulette players, and in practice is one of the easiest to remember.
As with any game of chance there is much discussion into the validity or success of any formulated betting plan as opposed to totally random betting. The most discussed strategy is the Martingale probability theory.
This strategy adopts a system that focuses entirely on even money, or 1:1 paying sectors of a roulette table. These odds are very short as the likely hood of winning on these sectors is almost 50/50. The rewards for playing these sectors is minimal but so are the potential losses over any given gambling session.
The player initially places a bet on Red and continue to do so until the ball landed on Black. At this point the player would double his original bet on Red.
The idea being that doubling the bet after each loss would eventually recover the lossed incurred from previous bets and at the same time win an amount equal to the first losing bet.
In thoery this strategy is one of solid grounding, as it is almost certain that at some point, the wager made will be a winner.
This is, in theory, a solid principle but for two aspects. If said player were to double up every losing bet he might eventually face two situations that would flaw the strategy to a point of being unable to progress. Many Casino’s have table limits, this strategy may find itself in a situation where doubling the bet exceeds the table limit and therefore is no longer able to continue. A second and more likely situation is that the player cannot afford to double his bets any further or simply runs out of money. Adopting the Martingale theory has shown profitable results in the past but many believe the Martingale system has no long-term mathematical advantage over randomly placed bets.