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.

Understanding the Flaws of the Martingale System

The theory is that when you eventually win, the doubled bet will recover all previous losses and yield a one-unit profit.

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

• It works perfectly right up until the exact moment it completely bankrupts you
• Casinos absolutely love players who use the Martingale, as it guarantees the player will eventually hit the table limit and lose everything
• It is a fundamentally flawed strategy that turns a fun game into a highly stressful financial disaster

The Fibonacci Sequence: A Slower Drain

Instead of doubling your bet, you increase your wager by adding the two previous bets together after a loss.

When you finally hit a winning spin, you do not return to the start; instead, you cross off the last two numbers in the sequence.

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