- Jul 13, 2005
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Now, according to the martingdale system, when gambling,you should double your bet everytime you lose. This ensures that when you win, you cover all your losses + make some money.
Now, experts argue that the martingdale system is bad, and actually causes you to lose more. But I don't get it. As long as you kept doubling, the expected value of your winnings becomes smaller and smaller, and you lose more and more with the martigale system. But if you quit right after you win, then you still come out ahead Then reset back to the original bet size and start over again. Why would this not work? Anyone have any thoughts? Feel free to use math/probability theory; I'm reasonably familiar with it.
Wiki Article
Now, experts argue that the martingdale system is bad, and actually causes you to lose more. But I don't get it. As long as you kept doubling, the expected value of your winnings becomes smaller and smaller, and you lose more and more with the martigale system. But if you quit right after you win, then you still come out ahead Then reset back to the original bet size and start over again. Why would this not work? Anyone have any thoughts? Feel free to use math/probability theory; I'm reasonably familiar with it.
Wiki Article