The Martingale is a popular betting strategy based on the idea of doubling your bet after every loss, so that when you eventually win, you recover all previous losses plus a profit equal to your original bet.

How It Works:

1. *Improvement: Wait for three black numbers in a row
2. Bet a fixed amount (e.g., $5 on red).
3. If you win, you keep the profit and restart the bet at $5.
4. If you lose, you double your bet to $10.
5. If you lose again, double to $20.
6. Keep doubling after each loss until you win.

When you win, you’ve recovered all losses and made a net profit of $5.

✅ Pros:

• Easy to understand.
• Can quickly recover small losses.

⚠️ Cons:

• Requires a large bankroll.
• It can take a long time to wait for three black numbers in a row.
• Can hit table limits fast.
• Losses can grow exponentially (e.g., $5 → $10 → $20 → $40 → $80 → $160 → $320 → $640…)

📝Example:

• Wait for 3 black numbers in a row
• Bet 1 → Lose
• Bet 2 → Lose
• Bet 3 → Win
• Total spent: $5 + $10 + $20 = $35
• Win pays $40 → Net profit: $5

📊 Strategy Analysis

• Starting Bet: $200
• Goal: Reach $240 (20% increase)
• Rule: Apply Martingale
• End Condition: Stop when bankroll hits $0 or $240
• Bet Unit: $5
• Table Limit: $500
• Simulation: Repeated this process 100 times

🔁 Results (Over 100 Attempts):