New Take on Martingale Strategy
February 8th, 2016 at 9:55:23 AM
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In the game of Baccarat, what are the odds of winning on a $1 minimum bet and a $5000 max bet using the following system?
Assume the starting bankroll is $10k.If the last card was a banker, bet $25 banker. If you win, bet $25 banker again. If you lose, bet $75 player. If you lose again bet $175 banker, if you lose again bet $375 player, if you lose again bet $775 banker, if you lose again bet $1575 player etc. You're basically doubling but adding the original bet each time so that by the time it hits a streak of 2 or more on either banker or player you will have essentially won all of the previous hands at $25 per hand.
Said another way, what are the odds of not getting 2 in a row 9 straight times from either banker or player?
Assume the starting bankroll is $10k.If the last card was a banker, bet $25 banker. If you win, bet $25 banker again. If you lose, bet $75 player. If you lose again bet $175 banker, if you lose again bet $375 player, if you lose again bet $775 banker, if you lose again bet $1575 player etc. You're basically doubling but adding the original bet each time so that by the time it hits a streak of 2 or more on either banker or player you will have essentially won all of the previous hands at $25 per hand.
Said another way, what are the odds of not getting 2 in a row 9 straight times from either banker or player?
February 8th, 2016 at 10:06:36 AM
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Quote: joshualinnIn the game of Baccarat, what are the odds of winning on a $1 minimum bet and a $5000 max bet using the following system?
Assume the starting bankroll is $10k.If the last card was a banker, bet $25 banker. If you win, bet $25 banker again. If you lose, bet $75 player. If you lose again bet $175 banker, if you lose again bet $375 player, if you lose again bet $775 banker, if you lose again bet $1575 player etc. You're basically doubling but adding the original bet each time so that by the time it hits a streak of 2 or more on either banker or player you will have essentially won all of the previous hands at $25 per hand.
Said another way, what are the odds of not getting 2 in a row 9 straight times from either banker or player?
It depends on a few things. First can I assume a tie doesn't count at all? It's as if it never happened?
Second , I think what you are asking is what are the odds of any result OTHER than these two?
PBPBPBPBP or BPBPBPBPB I think the answer is around 256 -1. That would be if B and P were 50/50 propositions, which is not true because B is slightly favored.
One other problem with your hypothesis, if you happen to win on banker, you don't get the full amount you are risking. If you win on $775 banker you only get $736.
February 8th, 2016 at 10:20:01 AM
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256-1 would be the odds of PBPBPBPBP or BPBPBPBPB happening right?
.5*.5*.5*.5*.5*.5*.5*.5*.5=1/256=.39%
OR
.49*.51*.49*.51.49*.51.49*.51.49=.19%
So does that mean the odds of getting a streak of 2 within 9 plays is 99%?
Yes the assumption is ties don't count, as if they never happened. It's true I wouldn't get the full amount I'm risking due to banker commissions, unless it's easy baccarat. This was just as an example.
.5*.5*.5*.5*.5*.5*.5*.5*.5=1/256=.39%
OR
.49*.51*.49*.51.49*.51.49*.51.49=.19%
So does that mean the odds of getting a streak of 2 within 9 plays is 99%?
Yes the assumption is ties don't count, as if they never happened. It's true I wouldn't get the full amount I'm risking due to banker commissions, unless it's easy baccarat. This was just as an example.
Last edited by: joshualinn on Feb 8, 2016
