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Beginners & Help
Re: Gambling Degenerates
by
Birdy
on
03/06/2013, 21:08:52 UTC
Quote from: frott on June 03, 2013, 09:01:48 PM
doubling your bet on a loss on a 50% winning chance is not the dumbest thing you can do, given enough time and money with no limit.
It may not be the dumbest thing you can do, but it's quite dumb. (Also there will always be a limit)
Read this:
http://coinbits.com/2013/01/05/how-to-bet-efficiently-on-satoshidice-and-why-you-shouldnt-use-the-martingale-method/