I’m curious to know if others in the community have ever considered the All-In gambling strategy. In a game of pure chance, could it actually be smarter to bet everything in one go instead of spreading out your bankroll over time? As you know, most casino games come with a house edge. Let’s say around 5% (Actually it's between 0.5 to 6%, and it depends). If you start with $100 and place $1 bets, you lose about 5 cents per hand on average. Sure, the results may change, but the longer you play, the more accurate the math becomes. After 1K hands, you’ll likely be down around $50.
That got me wondering: if more hands mean more chances for the house edge to win more and more, wouldn’t betting it all in one shot give you a better chance to win, at least in the short term? One crazy move could double or triple your stake. Of course, it could also make you regret it for the rest of the month if you spend the money meant for 30 days of play and lose it in 1 second, then find yourself bored for the rest of the month.
If anybody could have tried this strategy and won, then I'm pretty sure it's ratio must be 1:1,000,000
(i.e only 1 gambler to be lucky, out of a million gamblers to try it). Because I literally see this as the worst strategy any gambler could ever think of trying while gambling, because it is literally the easiest way to lose all your money, most especially if you are gambling on a slot game, whose outcome are usually a product of random algorithm, unlike Sport betting that could be a bit considerable, but it's still not an advice to go-all-in, but start with it's least minimum bet "$0.2" or a dollar, depending on your bankroll.