Topic: Martingale isn't that bad - page 4. (Read 1999 times)
isnt that the same possibility to get 1 btc because of the house edge? you would have to make more bets with lower wins or 1 bet with bigger win
Yes, but with the amount of your bets approaching huge values like 1,000,000 the probability of you busting all your balance is going to 1, so eventually it will happen.
Am I right that when I want to make 1 btc profit from eg. 7 btc it is better to start doing this with a martingale strategy from 1 btc instead of going all in on a lower odd to earn this. Since with this strategy you wager on average less (1, 3 or 7 btc) than with the all-in strategy (7btc) I should on average lose less so I should have a higher chance making 8 btc from 7 btc using martingale than from an all-in bet?
Jump to: