A BETTING STRATEGY THAT WINS IN THE LONG TERM!: TWO THEORIES DEMONSTRATE HOW CASINOS CAN LOSE WHEN USING THE IMPROVED MARTINGALE BETTING SYSTEM! Carlos Turver

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A BETTING STRATEGY THAT WINS IN THE LONG TERM!: TWO THEORIES DEMONSTRATE HOW CASINOS CAN LOSE WHEN USING THE IMPROVED MARTINGALE BETTING SYSTEM!  by  Carlos Turver

A BETTING STRATEGY THAT WINS IN THE LONG TERM!: TWO THEORIES DEMONSTRATE HOW CASINOS CAN LOSE WHEN USING THE IMPROVED MARTINGALE BETTING SYSTEM! by Carlos Turver
| Kindle Edition | PDF, EPUB, FB2, DjVu, AUDIO, mp3, ZIP | 19 pages | ISBN: | 8.72 Mb

November 17, 2014For those of us who visit walk-in or online casinos for a few hours of entertainment, will most probably double a wager that has been lost in an attempt to recover our investment and to win a small profit.Also known as the Martingale Betting System, the doubling of a bet after every loss does have its limitations, primarily the table limit.

Even when players have a substantial amount of money to continue this negative progression, the table limit will eventually stop their play. However, if casinos suspended their betting limit and players had ample funds, the casinos would lose in the short as well as in the long term!A few years ago, I found a listing of one million computerized iteration results of roulette on the Wizard of Odds web site.

With the permission to use those iterations from Professor Michael Shackleford, who stated, “Be my guest”, I decided to experiment by placing a hypothetical bet on the single zero. Taking into account the law of probability, I was astounded to witness that at one point the zero did not repeat itself until the 376th “spin”!This was my wake up call to the “Black Swan” world of random selection!According to my previous statement, a suspended table limit and a substantial sum of money, would allow me to beat the casino!

However, I found that the doubling of one unit just twenty six times resulted in 67,108,864 units! In addition, with 350 bets left to place, I am of the opinion that the squaring of the speed of light would be an extremely small number when compared to the doubling of 67 million 350 additional times!Obviously, the traditional Martingale Betting System is efficient up to a certain point, but not for doubling a bet 376 consecutive times!An improvement developed exclusively for the Martingale Betting System resolves this problem!Instead of doubling the bet after every loss, this improvement doubles the bet after every betting sequence that contains multiple bets.



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