martingale: what would u do?

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  • GGZOLA
    SBR MVP
    • 06-30-06
    • 1118

    #1
    martingale: what would u do?
    If a guy on a forum has a "daily pick" record of around 600W-500L, and in 3 years has 8-game losing streak in a row 1 time, nothing greater, would anyone do martingale? say, 20 buck base? Is it worth it? Opinions?
  • milwaukee mike
    BARRELED IN @ SBR!
    • 08-22-07
    • 26914

    #2
    there is always a first time for everything, including a losing streak long enough to blow through everything you have.
    1 in 512 chance of a 9-game losing streak on even money picks.
    with a $20 base that's a $5120 bet on the 9th game.
    Comment
    • GGZOLA
      SBR MVP
      • 06-30-06
      • 1118

      #3
      doesnt make sense for that risk, agreed.
      Comment
      • warriorfan707
        SBR Posting Legend
        • 03-29-08
        • 13698

        #4
        not with a base of 20
        Comment
        • treece
          SBR Hall of Famer
          • 11-28-07
          • 6298

          #5
          martingale died a broke man.
          Comment
          • FourLengthsClear
            SBR MVP
            • 12-29-10
            • 3808

            #6
            Even if a losing streak of 9 is avoided, there is absolutely no advantage to Martingaling compared to straight betting.
            Comment
            • warriorfan707
              SBR Posting Legend
              • 03-29-08
              • 13698

              #7
              Originally posted by FourLengthsClear
              Even if a losing streak of 9 is avoided, there is absolutely no advantage to Martingaling compared to straight betting.
              Long run you are correct, in the short run there is an obvious advantage if you can avoid a losing streak
              Comment
              • bradthebloke
                SBR MVP
                • 07-26-09
                • 3175

                #8
                heck no. never works
                Comment
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