What is a martingale? And why it doesnt work?

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By Afonso

What is a martingale?

Martingale is probability theory used by many casino players. This system involves doubling your bet after each loss. Example: you bet $5 and you lose, you double your bet, $10. You use this system until you win.


Why it doesnt work?

The player who use this system first win but soon lost all money. why? The Casino has a limit of bet, so you can't apply this system till you win the initial bet. The moral of the story is dont bet ever, the Casino always wins!


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