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Old 12-24-2005, 03:00 AM
applejuicekid applejuicekid is offline
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Join Date: Jan 2005
Location: Columbus, OH
Posts: 69
Default Re: Martingale for SNGs

The sum of a series of -EV wagers will never be positive no matter how you sequence them. It is really silly to think that the order in which you make your bets will make you a winner. If you took every wager you made in a Martingale system and ordered them from largest to smallest and wagered them in that order would you still be winning?

Let's say you had an infinite bankroll. Each time you want to win a $1. You win $1 then repeat. Even if you had an infinite bankroll you will be making wagers lager than all the amount you have won more often then you will be up money.

Saying that you will be up at one point and thus it is a winning system is silly. Even with infinite bankroll and infinite tries you could never be up. The same argument could be said about any -EV game. If I play blackjack for an evening I am often times up at some point. Does this mean if I quit once I get up I have found a way to beat blackjack?
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