Re: I'm bored, let's debunk another martingale gambling strategy! New experiment 🏇!
Hmmmm... I recalculated twice and the bookmaker's margin here is not small at all - almost 24%! 
After football and tennis, I find it hard to perceive such figures. Although in fact, it is very logical and fits into the pattern where the higher the volatility, the higher the bookmaker's margin.
Yeah. Sportsbet.io margins on several sports markets are ridiculous and laughable frankly speaking. Only some of their sports markets like soccer have low margins baked into them since that sport is their priority. After football and tennis, I find it hard to perceive such figures. Although in fact, it is very logical and fits into the pattern where the higher the volatility, the higher the bookmaker's margin.
I tend to find way better odds with way lower juice on almost all sports markets in betting exchanges(Via betting brokers) and Pinnacle. Polymarket provides epic odds too upto a certain liquidity.
The problem with all betting exchanges is low liquidity. It's probably not a problem to place a $5 bet there (and only on popular markets), but larger amounts will be problematic. But as an additional option for diversification/hedging they are of course good, at the moment I prefer convenience, but when I have time I might get to know them in practice.
~
Total 422 bets, max bet $80, $130 max bankroll needed, $170.77 profit
Total 422 bets, max bet $80, $130 max bankroll needed, $170.77 profit
Nice! If you calculate the bonuses from the wager, the results of the experiment are already becoming pleasant. And anomalous if you think about the mathematical expectation
