I know I'm not the first person here to say this or make this post, but help me understand something.
You go to a casino with $1000 You go to a table and you bet $100 on red every single time. If you lose the bet, you double it, so the bet after the first loss is $200, bet after the 2nd loss is $300 etc. Obviously red/black is 50/50 however, the does not eliminate the chance of there being 7+ wins out of 10, as overall within 100 bets it will balance at 50/50
So why isn't this a valid strategy to get some money? Surely its better than mindlessly gambling on stocks like some people here do, no?
but who's to say that a win so so gargantuan that once you've doubled your money you can happily call it a day?
Jack Torres
>"We're sorry user but you've lost over $5000 so we cannot continue to let you play at our casino, please make your way to the front desk to settle out."
Ayden Gutierrez
>50/50 The zeroes mean it's not 50/50, professor.
William Campbell
The 3rd bet would surely be $400 no? Betting red or black is 48.5% not 50%, even with a 50/50 bet the martingale system is doomed to failure.
Michael Wilson
Yes.
So go to another casino, a high end one for the next $6400 bet
