Re: Uh... could someone help me with this weird prop bet?
What exactly are the terms of the bet?
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Now, he isn't contesting that the martingale system is -EV, but he thinks that since you started with a loss, you should do it now, hoping that variance will take you to profitability.
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This I have a problem with. You both should know that it doesn't matter whether or not you started with a loss; a -EV bet is a -EV bet. However, your friend seems to acknowledge this also. Which brings me back to the original question, what exactly do you want to know?
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