Someone good at Math please give me proof that martindale fails.

[l7ustin]

I argued with my friend who is up like a grand playing blackjack.

He is starting with 50 betting 1 if he losses betting 2 4 8 16 32 blah blah we all know martindale.

He has limits though. if he losses his 50 he quits obviously.

also if he gets to 100 he quits and starts over from 50 again...

Martindale is suicide right? the kid is up 1200 someone tell him that...he is 27-3 in races to 100 or 0 from 50.

[englishmike]

You've answered your own question. Limit and bankroll can throw a spanner in the works.

[SlickFazzer]

only way it works is with unlimited funds.

[unit1884]

Look it up on Wikipedia, it will work if you have unlimited money, but the amount of money you need to have vs. the amount of money you would profit is not worth the time.

[dwaechte]

Post #15 in this thread does exactly what you're looking for.

http://forum.sbrforum.com/players-talk/34769-martingale-works-100-a.html#post300437

[apk2k6]

Check out the Labouchere system. It's best when used in -110 type lines. As for me, I like to bet a set % of my bankroll. As your bankroll increases, so will your bet size.

Here is an example for the Labouchere system(from another forum):

Let's say your bankroll is 2,000 Units. It's advised to place %2.5 of Bankroll.

So the series are,

50 50 50 50

With a %50 winning rate,

Stake = 50+50 =100
Result = Lost

50 50 50 50 100

Bet = 150
Result = Winner

50 50 50

Bet = 100
Result = Lost

50 50 50 100

Bet = 150
Result = Winner

50 50

Bet = 100
Result = Lost

50 50 100

Bet = 150
Result = Winner

50

Bet = 50
Result = Lost

50 50

Bet = 100
Result = Winner

Series Completed!

By going 4-4 (%50 winning percentage only) we made +200 units profit which is %10 of our bankroll. So it's a %10 increase in 8 days. What about after 32 days?

2000 x 1.10 x 1.10 x 1.10 x 1.10 = 2928

It means %50 incrase in bankroll after 32 days!

PS: All odds are taken as 2,00 (EVEN) in this example. Profit will be little bit lower if we bet -110 odds. GL!

[dwaechte]

Check out the Labouchere system. It's best when used in -110 type lines. As for me, I like to bet a set % of my bankroll. As your bankroll increases, so will your bet size.

Here is an example for the Labouchere system(from another forum):

Let's say your bankroll is 2,000 Units. It's advised to place %2.5 of Bankroll.

So the series are,

50 50 50 50

With a %50 winning rate,

Stake = 50+50 =100
Result = Lost

50 50 50 50 100

Bet = 150
Result = Winner

50 50 50

Bet = 100
Result = Lost

50 50 50 100

Bet = 150
Result = Winner

50 50

Bet = 100
Result = Lost

50 50 100

Bet = 150
Result = Winner

50

Bet = 50
Result = Lost

50 50

Bet = 100
Result = Winner

Series Completed!

By going 4-4 (%50 winning percentage only) we made +200 units profit which is %10 of our bankroll. So it's a %10 increase in 8 days. What about after 32 days?

2000 x 1.10 x 1.10 x 1.10 x 1.10 = 2928

It means %50 incrase in bankroll after 32 days!

PS: All odds are taken as 2,00 (EVEN) in this example. Profit will be little bit lower if we bet -110 odds. GL!

I hope no one is retarded enough to do this.

[apk2k6]

I hope no one is retarded enough to do this.

I've never used it, but the OP wanted proof about Martingale. I gave him a better alternative

Like I said earlier, I don't use that method, I use a certain % of my bankroll.

[JRS21386]

i have NEVER in my career lost more than 5 games in a row

[JRS21386]

I can win all day long chasing my losses