Right?Īt that point we’d win all our money back and be richer by N bets x $10! Which is tantalizing in theory, because if we were tossing a coin we know that eventually it would have to come up a win.

$30 (double previous bet: $20, add initial: $10).

In this way, once you finally win your hand you’ll not only win back all of your losses, but you’ll also win the initial bet amount for each of the hands you lost as well.Īssuming you lose hands, your bets would look like this (assuming an initial bet of $10): I actually used a modified version of this for fun at the casinos where you double your previous bet and add the initial bet to it. In this way, once you eventually win, you’ll gain back all of your previous losses, plus a winning from the original bet. The basic idea behind the Martingale system is that every time you lose a hand, you double your previous bet.

Well, because of an old 18 th century French system of betting that gives you a nice advantage (provided you’re rich enough) called the Martingale System.įor simplicity’s sake, let’s assume we’re basically talking about a 50/50 chance of you winning a hand. So why would the casino want to limit how much they’re willing to let you lose? These will usually be in a range such as $10 minimum and $1,000 maximum (10/1000). To those not familiar, when looking at a blackjack table in a casino you can always find the minimum and maximum bets allowed. You’d think that a casino would want to let someone bet as much money as they’d like to lose on a table game, right? I’m sure it’s common knowledge to much more experienced gamblers out there but it was neat when I finally caught on to one of the reasons for having a Maximum Bet set on a blackjack table. Not the best National Lampoon Vacation movie…

It’s one of the most even odds game you’ll find in a casino short of flipping a coin.Īssuming the house rules are favorable, the house edge when playing perfect blackjack strategy is as low as 0.5% (you’ll lose ½ cents for every dollar you bet).

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