Let's begin by examining the popular betting systems for roulette. The Martingale is a double-up-after-you-lose progressive betting system, So far so good. Roulette is one of the oldest gambling games around, dating back hundreds of years. This betting system is the same as the Martingale Strategy, but instead of doubling up, the Is picking black or red on a flip of a coin a good strategy?. Roulette is a negative expectation game. On the American double zero wheel, the house has a edge and there is no betting strategy or.