Wellbush
Wellbush 
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Mission146
April 24th, 2021 at 2:53:31 PM permalink
So far, from what I've read, the only reason a negative progression strategy doesn't work in a card game, is because the player doesn't have a large enough bankroll to counter long losing streaks. Is this correct?
Only gamble 'a little' for fun, or, if 'you know' you can win.
OnceDear
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OnceDear
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Mission146
April 24th, 2021 at 2:57:02 PM permalink
Quote: Wellbush

So far, from what I've read, the only reason a negative progression strategy doesn't work in a card game, is because the player doesn't have a large enough bankroll to counter long losing streaks. Is this correct?

Define 'work' in this context?
Take care out there. Spare a thought for the newly poor who were happy in their world just a few days ago, but whose whole way of life just collapsed..
Wellbush
Wellbush 
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April 24th, 2021 at 3:00:23 PM permalink
Quote: OnceDear

Define 'work' in this context?



Bring the player's starting pot back into positive territory.
Only gamble 'a little' for fun, or, if 'you know' you can win.
OnceDear
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April 24th, 2021 at 3:04:01 PM permalink
Quote: Wellbush

Bring the player's starting pot back into positive territory.

When?
Take care out there. Spare a thought for the newly poor who were happy in their world just a few days ago, but whose whole way of life just collapsed..
Mission146
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April 24th, 2021 at 3:04:52 PM permalink
Quote: Wellbush

So far, from what I've read, the only reason a negative progression strategy doesn't work in a card game, is because the player doesn't have a large enough bankroll to counter long losing streaks. Is this correct?



No. It's correct if one doesn't consider the other logical conclusion that follows from the infinite bankroll argument.
Vultures can't be choosers.
BoSox
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Mission146teliot
April 24th, 2021 at 3:10:10 PM permalink
Quote: Wellbush

So far, from what I've read, the only reason a negative progression strategy doesn't work in a card game, is because the player doesn't have a large enough bankroll to counter long losing streaks. Is this correct?



No that is not correct.
The size of a player's bankroll has nothing to do with it as he/she is always limited by the house max bet limits. That is the discipline that the casinos have.
Mission146
Mission146 
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April 24th, 2021 at 3:12:34 PM permalink
Quote: BoSox

No that is not correct.
The size of a player's bankroll has nothing to do with it as he/she is always limited by the house max bet limits. That is the discipline that the casinos have.



Even if not, it doesn't work with infinite bankroll theory.

If he says infinite bankroll, then I say infinite players. If infinite players, then every possibility occurs. One possibility is player who infinitely loses. Most of our infinite players lose and win, one infinitely wins, but our infinite loser negates our infinite winner (and then some because our infinite winner only wins one unit at a time) and our other infinite players who mostly have an infinite amount of, "Normal," ups and downs will have lost an amount infinitely that equates to the house edge multiplied by the total amount bet.
Vultures can't be choosers.
Wellbush
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April 24th, 2021 at 3:14:04 PM permalink
Quote: OnceDear

When?



Whenever the player can. It must occur if the cards are shuffled.
Only gamble 'a little' for fun, or, if 'you know' you can win.
OnceDear
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April 24th, 2021 at 3:17:14 PM permalink
Quote: Wellbush

Whenever the player can. It must occur if the cards are shuffled.

Why must it? What is it?
Take care out there. Spare a thought for the newly poor who were happy in their world just a few days ago, but whose whole way of life just collapsed..
Wellbush
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Mission146
April 24th, 2021 at 3:19:35 PM permalink
Quote: Mission146

No. It's correct if one doesn't consider the other logical conclusion that follows from the infinite bankroll argument.



I'm not following. Can you elaborate?
Only gamble 'a little' for fun, or, if 'you know' you can win.

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