Thread Rating:

mustangsally
mustangsally
Joined: Mar 29, 2011
  • Threads: 25
  • Posts: 2463
March 15th, 2015 at 10:27:48 AM permalink
Quote: OnceDear

I'm sorry but I don't understand that comment. Please explain.

i replied to your post and hit the button
and it posted twice
1 second apart
maybe me fingers are too fast

was not about you that time
Quote: OnceDear

As to your other comments about using Marty to achieve modest objectives, you are quite correct. With the caveat that using Marty multiple times with multiple modest <snip>

exactly
with a one time winning probability of X
(0<X<1),
many think it is always X no matter how many times in a row needs to be won

but if tried 2 different times, or different days for example, it is now X*X which is less than X
example
55% chance to win one time
to win the next two times in a row
0.55 * 0.55 = 30.25%
now less than 55%
but it looks right
Sally

added
just having some fun
I Heart Vi Hart
OnceDear
Administrator
OnceDear
Joined: Jun 1, 2014
  • Threads: 44
  • Posts: 4210
March 15th, 2015 at 4:05:19 PM permalink
Quote:

As a recent newbie messaged me on this concept "Don't worry my friend we will make a lot of money". i wrote this workbook to stop him taking a path to ruin and thought it worth sharing.



Some people will not listen. Oh well !!! I've done my good deed for the day.

Anyone who still thinks that variations on such a Martingale are a good idea for meaningful wealth increase (relative to existing wealth) then good luck to them. Take your system and play it big-time. Knock yourself out !

I will waste no more time explaining this.
If you are enjoying the game, you're already winning.
OnceDear
Administrator
OnceDear
Joined: Jun 1, 2014
  • Threads: 44
  • Posts: 4210
March 15th, 2015 at 5:28:01 PM permalink
Quote: mustangsally


===============================================
also, to give Marty players even more excitement at 0Roulette
turn $5k into $7.5k, not double but just 50% increase (start bet =2)

now we are at about 55% success to hit 7.5k (one time probability that is)
now a favorite to hit the win goal target!



Or save them the trouble: Bet half bankroll on 1-12 and half bankroll on 13-24 at the same spin.

They then stand a 24/37 = 64.86% chance of hitting their target of increasing bankroll by 50% from 5,000 to 7,500 without all that waiting and messing about.

Dead favourite. What could possibly go wrong ;o)
If you are enjoying the game, you're already winning.

  • Jump to: