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)
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Quote:
Originally Posted by jbmagic
You better sticking to something else. if you lose that many hands in a row. Blackjack might not be your game.
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I'm not sure if I missed this the first time around, or just forgot about it. Awesomeness.