re: Roulette - Martingale System

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Well using this system to win a few bucks a time or two is a pretty decent play. Highly unlikely you'd lose 7x consecutively in 10 or so spins so you'd make a few bucks there.

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This statement right here is why casinos are a multi-billion dollar industry.

The best case with $10 hands over 10 spins is that you've won every spin and walked with $100. Remember, you're not doubling your bet in response to winning; winning just means your next bet is $10. Winning 10 hands in a row is WAY less likely than losing 7 in a row and your BEST outcome if that happens (with $10 hands playing a Martingale) is only $100.

If you are playing 10 hands and Martingale out to table maximum on a $10 initial bet (assuming $1k table max), that's 7 hands and you've just lost about $1250 (depending on whether you started losing on hand 1,2,3, or 4). If that happens to you just ONE time, you've gotta win over 120 more $10 hands than you lose in the long run just to erase that one bad streak. Do you know what casinos are REALLY good at doing? Making sure their games will not allow players to win 120 hands more than they lose in the long run.

The Martingale system is fatally wounded simply by the difference in bankrolls that you and the casino hold. Once the casino throws in table maximums, the Martingale system is not only fatally wounded, but its organs are pulled out of its body and shown to it one by one as it's dying a quick, brutish, horrible death.