Re: Martingale Betting on TV
The guy also ups his bets when he wins. He's a total action junkie and nothing more. The guy is just a typical gambler who happens to be making much larger bets than most could afford. The premise of the show is that he is trying to win back money that he lost to the casinos in the late 90's, about 3 million dollars. The guy is nuts. He shows no self control, makes crazy plays, and I have no doubt that the casinos will eventually rape him.
Aside from that, the show is pretty entertaining and I do like the fact that when he sits down with some low rollers and they root him on and he wins, he will give them a pretty big percentage of his win. It really makes their day, so I dig that.
But considering he loses most of the time and when he wins, he's giving away about 25% of his win, he's going to lose in the long run.
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