why so lucky hitting 9900x? congrats again and again Hui
hui is very patient and determined in making those bets, but indeed he is very unlucky to have only hit a 9900x after 45400 unsuccessful tries.
Chance of making no win within 45400 rolls = (1-0.01%)^45400 = 1.07%
Even if he hit 9900x after 45400rolls still I think that he would have been in profit. Cause he starts with a small amount and keeps on increasing the bet.
Nice if he do that. That would like doing a martingale technique.
While martingaling you increase the bet by 2x. You cannot certainly use martingale while doing bets on 9900x. Its more of a kind of labourcher technique.
I don't think technically you can call that martingale.
Martingale is when on 50% odds you increase the bet by 100%.
I agree that we can increase it by small percentage and I assume that hui did the same thing. But don't call it martingale(creates confusion).
Any game where you use multiplier to compensate previous losses is Martingale, IMO.
Game with 50% odds and x2 multiplier is just most used and well known version of Martingale.
"The martingale strategy has been applied to roulette as well, as the probability of hitting either red or black is close to 50%."
What you are calling is kind of a variant of martingale and that should not be called "martingale".
Read more: http://en.m.wikipedia.org/wiki/Martingale_(betting_system)