Reasons the Martingale System Fails

[Roman]

The fundamental problem with this arrangement ought to be very obvious. According to the Martingale technique, a gambler should increase a losing wager every time they hit a win.
The issue is that there are restrictions in place, which will done and the results the gamer from doubling up. A losing streak will lead to a situation when the player is unable to double the last losing bet, either due to a lack of funds or due to the casino's predetermined betting limitations.

 

[Samuel purpose]

it fails for two reasons. First, tables have upper limits. Second, players have limited bank rolls.

 

[Moneyspinning]

There ought to be many reason why it falls but i think the mean reason is that the martingale strategy fails even with unbounded stopping time, as long as there is a limit on earnings or on the bets (which is also true in practice).

It is only with unbounded wealth, bets and time that it could be argued that the martingale becomes a winning strategy. I will love to see more comment.