👋🏻 Hey guys! In today’s video, I explain how to win at Roulette 93% of the time using the Martingale strategy. Roulette is one of the easiest casino games to play and understand. We will go over the Martingale strategy to win at roulette and I will explain mathematically whether it is recommended or not. This is for European Roulette but will also work for American Roulette although with slightly worse odds. Hope you guys can find it insightful but be careful about betting any money.
I wanted to make this video because I really think its important for people to understand how the maths works behind betting – it is not a game of luck but rather a game with a quantifiable edge for the casino or house with an element of variance. Of course when you start off with mathematical betting, there will be a bit of a steep learning curve. The same mathematical principles can be applied to sports betting where I have a 5 part course to teach you the strategies I use when betting with Australian bookmakers.
🏆 🏆 For those who do want to learn the trade and make money betting yourselves (like a pro trader), then you can check out my live sports betting course over on my website at (which is currently discounted heavily!):
If you enjoy this video and want to see more about sports betting, finance or university life, please leave a comment down below saying what you would like to see next and any new video ideas are always appreciated!
🙋🏻♂️ Who am I?
My name is Shane and I am an Australian final year student studying Engineering and Commerce at The University of Sydney and I completed the HSC in 2017 with an ATAR of 99.90. This channel is dedicated to sports betting, money and academics. I hope you can find this useful! Enjoy!
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today i will show you a strategy that will guarantee you come out of the casino profitable 93 of the time playing roulette this strategy is called the martingale strategy and i’ll be explaining how it works mathematically and whether you should be using it or not so you might have heard of roulette seen it being played in the movies or even played it yourself it is one of the most popular games in the casino and the reason for it is well founded punters love it because it’s easy to play and the house edge is reasonably small the casinos accept this relatively small edge because they know it’s a luck-based game and therefore their edge is easily quantifiable how it works is you can bet on colors categories of numbers like odds or evens high or low or a group of numbers like 1 2 3 or individual numbers like 5. the numbers are labeled 1 to 36 18 of these are red and 18 of these are black as such the odds for these 50 50 bets is simply two if you bet fifty dollars you can get a return of one hundred where you profit fifty dollars or you just lose your fifty dollars the odds reflect how likely you are to win so if you bet on individual numbers like betting on 5 then your odds would be 36. this sounds pretty fair right well not quite there’s one more number the 37th number and that is the number zero and if it lands on zero no bet whether it was placed on red black or any of the numbers between 1 to 36 inclusive then that bet would just naturally lose unless your bet was actually on the number zero itself this is how the house or the casino has an edge let’s say you bet on red where the odds are too or there’s a one to one payout now instead of a 50 chance of winning assuming there are only 36 numbers there’s only 18 red numbers and 19 non-red numbers in this case with the extra zero and therefore your chances of winning are now 18 over 37 or 48.6 percent this doesn’t seem very fair so how can we use martingale to manipulate the statistics and increase our chances of winning martingale is a strategy of sizing up in a methodical manner doubling down after a losing bet and stopping after you’ve hit a win let’s see how it works with an example say i have 150 dollars from the rest of my paycheck and i’m taking 150 to the casino to bet on roulette to follow the martingale strategy for my first bet i’ll bet 10 on one of those roughly 50 50 events for example betting on red betting on black betting on high numbers betting on even numbers like that now the dollar amount is important 10 is exactly 1 over 15 of my entire bankroll because my entire bankroll is one hundred and fifty dollars so i’ll be betting ten dollars if i started off with a bankroll of three hundred dollars then i would start off with a bet of twenty dollars betting this proportion is important as it allows us to sustain a four-step martingale process which is what actually gets us the 93 chance of winning so for my first bet 18 of the 37 possible outcomes are red which is what will make me win my bet and that equates to an 18 divided by 37 which is a 48.6 chance of a win remember this is not 50 because there are 18 red 18 black and the extra zero square which represents the house edge the other outcome which has a 19 over 37 chance or 51.4 percent would cause us to lose our bet if the first bet is a win then the martingale strategy will tell us to stop and because we bet ten dollars from that bet we would have made ten dollars in profit and cash out there now what if we lose the first bit well no problem let’s just double down this time we’re betting not ten dollars but this time we’re betting 20 or twice as much as we were betting before again we can choose any event that has an 18 over 37 chance of happening for example betting on red again or we can pick something else like betting on low numbers like the numbers 1 to 18 as there’s no correlation between the first event happening and what the second event is going to be however for simplicity we’ll just assume we’re continuing to bet on the color red again there’s a 48.6 chance that there will be a win and if that happens the martingale strategy will tell us to stop therefore from this 20 bet we’re going to make 20 in profit and we made a 10 loss from our first bet so therefore our net profit is 20 minus 10 or again 10 again there’s the same 51.4 percent chance of a loss but it doesn’t hit red or whatever we chose to bet on in this case we have lost two packs but no worries we’ll double down once more this time betting twice what we bet before so not twenty dollars but forty dollars this time once again there’s a forty eight point six percent chance that we will win if that happens the mining girl strategy tells us to stop and therefore we make forty dollars profit from this bet which covers our 20 loss from the previous bet and the 10 loss from the bet before so now our net profit is once again 40 minus 20 minus 10 which is 10 once more and we’ll cash out if it results in a loss which is once again a 51.4 percent chance then no problems would double down once more without remaining 80 dollars if it hits the 48.6 chance of a win then we make a profit of eighty dollars covering the forty dollar loss twenty dollar loss and ten dollar loss from the bets before giving us once more a net profit of ten dollars that we can take away so as we can see the only situation where we lose money is actually when we lose four of these bets in a row which has a 51.4 percent chance to the power of four chance of happening this equates to only a six point nine five percent chance of occurring and therefore the probability of us winning is 1 minus this number which is 93.05 percent so now you can be confident of leaving the casino with a win 93 of the time so would i recommend this strategy to you guys absolutely not the strategy might look very very promising but there’s another layer of math behind it that proves it’s just complete dog in the case that we do lose we’re not losing ten dollars but instead we’re getting wiped out as we’ve lost ten dollars twenty dollars forty dollars and eighty dollars for a net loss of one hundred and fifty dollars therefore if we do the expected value calculation which shows how much expected value we can expect if we do this bet in the long run and the formula for that i explained in one of my previous videos our expected value is 93 times 10 positive minus 6.95 times negative 150 dollars and as we can see this number is negative which means it’s not going to be profitable in the long run this goes to show that we still can’t beat the casino house edge all we’ve really done is synthetically increase our chances of winning but by doing this we’ve now left ourselves exposed to a huge potential loss it’s very similar to betting on for example nadal to be a round one opponent in the french open where the chances of winning are very high but you’d make a very small amount compared to how much you can actually lose so what can you actually do to beat the casino if you are super smart then maybe you can be like this mathematician and use physics to predict the trajectory of the ball and calculate where it will likely end up or the area around where it will likely end up on the roulette table just after it’s been released or be like phil ivey one of the top poker players who used edge sorting to spot small differences on the back of the cards and gain an advantage however you still gotta get away with this as even though phil ivey managed to win a lot he eventually ended up getting banned and then sued and he had to pay back all his winnings for what he did while i can’t beat the casino if you want to learn more about the profitable strategies that i use to beat the sports books and betting sites in australia you can take a look at my sports betting course link and everything is in the description below more details are in the link in the description below where i teach you everything i do using tools and excel models to show you how you can become a better sports bettor and make money from australian bookmakers so that’s the basics of the martingale strategy and how we can apply it to something like the roulette table if you enjoyed this video then make sure to give it a big like down below and subscribe to this channel to not miss out on my other betting and money making tips that i have lined up as always take care and i’ll see you guys in the next video