Modified Martingale Results (Read Before Diss)

Quote: mamat

Perhaps we can just send "betting systems" people to a FAQ, rather than have 10 people pounce on them...

We should pounce on their bull5h1t systems while not deriding them as members. But often they push too hard and then have to be put straight less gently.

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One way people succeed (in entrepreneurship & gambling) in
(1) Get lucky in the beginning doing whatever & win a decent bankroll, enough to make mistakes

I did that. Won 6K on day one p155ed around with that as my bankroll for 3 years. Still have it, but lost much of my winnings that were on top of it.

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(2) Shift to a sound +EV strategy before the mistakes make the bankroll shrink too much

Or just wind back the pace and spend it slowly. +ev 'strategy' is too much trouble to me.

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Talk to most entrepreneurs after 10 years & they will tell you that they had no f**king clue running their first company (although they thought they did).

I also had an entrepreneural business idea. It was a success from day one :o) You don't need a stream of early failures, but I accept that many do.

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Being harsh on beginning gamblers with "craps systems" or "betting systems" is not all that helpful IMO. Just scares people away.

Mostly agree. we should welcome the newbie gamblers, but it's a fine line when they say they have lurked here for years and know that 'systems don't work' but then passionately extol such a system anyway.

Quote: mamat

Perhaps we can just send "betting systems" people to a FAQ, rather than have 10 people pounce on them...

I suggested something like that a while ago when it seemed as if the same few guys were just trolling. Eventually, they end up getting banned anyway. You can usually tell who has a legitimate question and who doesn't.