The Martingale is a negative progression system where bettors double their wager after each loss, theoretically recovering losses with a single win. Mathematical analysis reveals that while the system can generate small profits in short sessions, it requires exponential increases in bet sizes and substantial bankrolls. The practical limitations include table maximum betting limits and the finite nature of player bankrolls.
Key Mathematical Consideration: A streak of just 10 consecutive losses requires a bet 1,024 times the initial wager to break even, making this system impractical for most players.