For centuries, desperate gamblers have tried to invent mathematical systems guaranteed to beat the casino’s house edge.

The most famous of these strategies are known as ‘Progressive Betting Systems,’ which require you to adjust your bet size after a win or loss.

The Martingale System: The Fastest Way to Go Broke

The premise of the Martingale is incredibly simple: every time you lose a bet, you double your wager on the very next spin.

The Martingale assumes you have an infinite amount of money to weather a devastating ten-spin losing streak.

• The system fails to change the underlying house edge; the casino still retains its 2.70% advantage on every single spin
• Many players falsely believe that an 8-spin losing streak is ‘impossible,’ drastically underestimating standard statistical variance
• The psychological stress of placing a massive bet just to break even often causes players to panic and quit before the system completes

A Less Aggressive Progressive System

The Fibonacci system is a slightly less aggressive alternative that utilizes the famous mathematical sequence (1, 1, 2, 3, 5, 8, 13…).

No pattern of betting sizes can ever alter the fundamental mathematical probability of the game itself.

Accept that the casino has the edge, play for entertainment, and never use math to justify chasing your losses.