Post
Topic
Board Gambling discussion
Re: Make money with martingale applied to dice game ?
by
TheUltraElite
on 09/12/2018, 09:24:09 UTC
Even with a huge bankroll, you won't last very long with Martingale.
The assumption that martingale is profitable does not stand if you dont have an infinite balance and the casino does not have any restrictions on maximum payouts. You are confusing huge bankroll with infinite bankroll. The two are not same.

Quote
I think you're grossly underestimating the prevalence of losing streaks, it's not too rare to see a 10+ turns losing streak.
Even if you have a huge red streak there will be a green after it. Question is: Can you sustain that red streak to hit the green at the end to continue the martingale? Answer is Yes if you have an infinite bankroll and No if your bankroll is within finite limits.

Another point to ponder over : since we assume a mathematically profitable martingale to be starting with an infinite bankroll - ask yourselves if someone has infinite bankroll why would they gamble? Grin Grin