View Single Post
Old 08-14-2006, 10:35 AM   #39
jbmagic
Pro Starter
 
Join Date: Apr 2004
Quote:
Originally Posted by QuikSand
Okay, while it's admittedly more fun just to keep poking sticks at jb... here's a link that does a very nice job debunking the (very, very old and still just as flawed) Martingale betting system that he's advocating here:

hxxp://wizardofodds.com/askthewizard/bettingsystems-martingale.html

In short, while it seems like a pretty small chance that you will run out of bets to make to get back to that small win -- the chance of getting there and actually losing a lot outweighs the actual benefit of the tiny wins that you do achieve with this betting system.

You basically end up with a long series of results that look something like this:

+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
+5
-1280
(oh, fuck)

You better sticking to something else. if you lose that many hands in a row. Blackjack might not be your game.
jbmagic is offline   Reply With Quote