Martingale Betting System Scenario Player

Consider any game with close to 49% player odds.Say you bet a reasonably small amount, say $10, on red, and lose. You can continue betting double the previously lost bet until you eventually win. So, if you do this and lose four times in a row (that is, you lost $10 + $20 + $40 + $80 = $150) but win the 5th time (while betting $160), you’d be $10 richer. Now if you had enough cash to absorb say, 12 consecutive losses, you could do nothing but win. Seems infallable. Right? It might be.Try it out here:

  Enter Numbers Only  
Bankroll
 This is the amount you start with. Be sure you have enough to handle 5 or 6 consecutive losses.
Minimum Bet
This is your "Unit" bet. Each time you win, you increase your bankroll by this amount.
Play Count
The program will simulate this many plays before reporting results. Try a number between 100 and 1000000
Player's Odds
Typically between 0.46 and 0.49. Always lower than 50%. Enter a zero, a period and then the odds. Example: 0.46776388739