Yes. No matter what you're trying to do, two bets are better than one.
So, does it follow that three bets are better than two? Four bets are better than three? Five bets are better than four? Six bets are better than five? Seven bets are lucky? (Okay, what I meant was seven bets are better than six.)The more steps you break the bet down into, the less you are expected to risk, and so the greater your chance of winning.
I believe that in the limit as number of steps approaches infinity, the amount risked approaches zero, your expected losses approach zero, and so your chance of winning approaches your chance of winning with a single bet on a zero house edge game.
But let's keep that quiet, eh?
Okay, I will keep quiet.I believe that in the limit as number of steps approaches infinity, the amount risked approaches zero, your expected losses approach zero, and so your chance of winning approaches your chance of winning with a single bet on a zero house edge game.
But let's keep that quiet, eh?
Yes but to approach zero risk (even remotely) you'll have to start betting so low that your gain over a reasonable period of time will be unsignificant. Also you'll need so many rolls that you'll still have a decent chance to lose it all.
That's why you want to start with a larger bank roll. Or pool lots of money (from other people) together.Who wants to bet that I will win the 7th?