Quote:
Originally Posted by QuikSand
Okay, while it's admittedly more fun just to keep poking sticks at jb... here's a link that does a very nice job debunking the (very, very old and still just as flawed) Martingale betting system that he's advocating here:
hxxp://wizardofodds.com/askthewizard/bettingsystems-martingale.html
In short, while it seems like a pretty small chance that you will run out of bets to make to get back to that small win -- the chance of getting there and actually losing a lot outweighs the actual benefit of the tiny wins that you do achieve with this betting system.
You basically end up with a long series of results that look something like this:
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
-1280
(oh, fuck)
|
This is one of my favorite FOFC posts...OF ALL TIIIIIIMMMMMMEEEEEE.