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re: Roulette - Martingale System
Posted on 2/12/18 at 7:24 pm to AmericaOverParties
Posted on 2/12/18 at 7:24 pm to AmericaOverParties
To answer your original question in simpler math terms:
If the maximum loss is 255 dollars/units then you can bet up to 8 times. The probability of losing eight bets in a row is (19/37)8=.004835. So, you have 99.52% of winning one dollar/unit, and 0.48% of losing 255 dollars/units. Those are not odds any sharp would ever take.
If the maximum loss is 255 dollars/units then you can bet up to 8 times. The probability of losing eight bets in a row is (19/37)8=.004835. So, you have 99.52% of winning one dollar/unit, and 0.48% of losing 255 dollars/units. Those are not odds any sharp would ever take.
This post was edited on 2/12/18 at 7:27 pm
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