Less Than 1% Chance of this Happening!!!!

[jolmscheid]

OK guys...so what if one was to set up a progression of starting with betting 1% of their roll and after a loss, then increase it by 1%...to a MAX of 10 games...

Assuming one can pick 50% winners, the chances of losing 10 games in a row is 0.098%....so VERY VERY VERY unlikely! But if it did happen, then one would lose 55% of their bankroll so they would not be broke!

Couldn't one just grind out profits over the long run this way by betting 1% per game unless it loses, then move up 1% the next game, etc, etc....up to a MAX of 10 games......and after a WIN, then you would go back down to 1% of your roll....


Is this at all profitable? Could someone PLEASE run the numbers and show me that there is legit proof that this is a failure to try?

Thanks EVERYONE!

[Nater]

i have had bad streaks........I have had 10 games in a row that lost......i have had several spells like this in baseball.

[fishmonger]

it sounds like the system for roulette for betting a certain color every time. Double your bet after a loss and bet the same after a win. You need a HUGE bankroll to pull this off and bet small every time. because 2,4,8,16,32,64,128 would be the amounts you would have to place if you lost 7 in a row. just to win the original 2.

[pats3peat]

werd up man

[Masu485]

Whenever ever someone says this in words it seems foolproof, but for some reason whenever it's tried, it fails almost immediately. I am willing to try something like this one day though

[jolmscheid]

Hmm...thanks guys for your responses....I just don't see why one couldn't grind with this style of wagering? I mean I understand that one could lose 55% of their roll if they lost 10 games in a row doing this, but that happens LESS than 1 in a 100?

[fishmonger]

it won't work. I lost 400 SBR points trying this in roulette. The chances of 8 blacks is crazy but it happened.

[Intuitive_Edge]

pick your spots or you will lose it all

[Sunde91]

Don't see how this is effective at all.

Once you start losing 3 or more in a row, you're not even getting even with the next win and then you go back to 1 unit and are still in a hole.

Less riskier than Martingale, but not more effective or practical, imo.

[Sunde91]

it sounds like the system for roulette for betting a certain color every time. Double your bet after a loss and bet the same after a win. You need a HUGE bankroll to pull this off and bet small every time. because 2,4,8,16,32,64,128 would be the amounts you would have to place if you lost 7 in a row. just to win the original 2

.

it won't work. I lost 400 SBR points trying this in roulette. The chances of 8 blacks is crazy but it happened.

He never proposed the Martingale system. And yes, chasing like that in Roulette will swiftly bury your ass. Did you notice the ball spinning around extra long on big rolls you needed to win and then ended up hitting 0 or something?It's rigged.

[Onefreedm1nd]

If you pick 100% winners all systems and strategies work

[Onefreedm1nd]

If Blackjack tables had no max bet........

[OmgUrMom]

1/2/4/8/16/32/64/128/256/512/1024

actually if you want to martingale you cant even bet one thousandth of your bankroll to have the ability to lose 10 str8

[Himalaya]

If it can happen, it will happen. Many including myself have learned the hard way, you will lose your entire bankroll.
Eventually all gamblers learn that you cannot chase losses. You must have Patience and Discipline. Bet no more than 2% of your bankroll on a single game, adjust your unit size weekly, monthly, or at pre set levels. Have patience, think in terms of years, not weeks or months. Of course you still need to win more than you lose.

[noober]

martingale doesn't work in the long run

[THE PROFIT]

quit with all the strategies & doubling up. Betting systems are a crock. you CAN lose 10 in a row if you don't do your homework. But if you're putting your all into capping you can pick some winners. There's 1 reason & 1 reason alone sports gamblers don't make money

GREED

[tonyhomo]

Save your money wont work longterm

[poker_dummy101]

oh great here we go again

[jolmscheid]

Thanks everyone! NO chasing for me!

[ProfaneReality]

go try this with red and black on a roulette wheel.. let us know how it works out.