![]() In the case of Martingale, you are attempting to buy a lot of reward but at the cost of a small probability of a very, very big risk: total ruin. All you can do is change the distribution of risks and rewards. I have written many times before about why this is so, including demonstrating the mathematical proof as to why it is flawed on Betting Resources.Īs for any money management plan where your assumed advantage over the odds (positive or negative) is constant across all bets, it is impossible to change that advantage by messing about with stake sizes. This kind of loss recovery is to never be seriously recommended. Martingale is a well-known progressive betting plan which aggressively increases amounts after losses in an attempt to recover them. Anytime you find anyone talking about Martingale in a positive light within the context of betting, the correct response is to tell them that they are wrong and walk away. First things first, this article comes with a warning.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |