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  #1  
Old 03-25-2005, 03:21 PM
Skipbidder Skipbidder is offline
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Location: Illinois
Posts: 415
Default Re: Negative Progression roulette

[ QUOTE ]
He's talking about the Martingle system. (At least I'm pretty sure.)

This is a fine system, if you have millions.

[/ QUOTE ]

No. It is not a fine system if you have millions. There is no betting system that can turn a negative expectation bet into a positive expectation bet.
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  #2  
Old 03-25-2005, 03:27 PM
junkmail3 junkmail3 is offline
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Join Date: Jun 2004
Location: Philadelphia
Posts: 249
Default Re: Negative Progression roulette

[ QUOTE ]
[ QUOTE ]
He's talking about the Martingle system. (At least I'm pretty sure.)

This is a fine system, if you have millions.

[/ QUOTE ]

No. It is not a fine system if you have millions. There is no betting system that can turn a negative expectation bet into a positive expectation bet.

[/ QUOTE ]

I changed my post to say unlimited funds with unlimited wagering ablility. (At which point, why would you want to make small amounts of cash?)

This system will work in the above situation: If you have a 47% chance to hit your color, you're going to hit it. It's that simple. If you double your money every time you lose, until you win, and then start over with the initial bet, you will win. It's that simple. This system can beat the house. Problem is, the house has betting limits (that I'm sure you could get them to wave if you're losing as much money as you are). Other problem is that you have a limited bank roll.

With an unlimited bankroll and unlimited wagering ability, this is a profitable system. Every spin is -EV, but the design of the system is +EV in these conditions.
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  #3  
Old 03-25-2005, 03:42 PM
valenzuela valenzuela is offline
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Join Date: Dec 2004
Posts: 453
Default Re: Negative Progression roulette

If u suppose infinite bankroll, i can suppose infinite losses.
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  #4  
Old 03-25-2005, 03:45 PM
junkmail3 junkmail3 is offline
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Default Re: Negative Progression roulette

This is impossible. As you approach infinity with the number of spins, the distribution of black v. red v. green will become more statistically accurate to it's true statistical distribution. So, you will have wins intelaced there. And with the infinite bankroll, there is no fear of ever busting. So, sure, you could have infinite losses, but you still have one more roll to try to win. And if you lose, one more.

Basic point. This system works for what I have described. No one uses it and wins long term with it, because no one can meet the specifications.

Nothing I have said before is openly disputed. Anywhere you read about the martingle system you will read things similar to what I have written.
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  #5  
Old 03-25-2005, 06:24 PM
valenzuela valenzuela is offline
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Posts: 453
Default Re: Negative Progression roulette

And yet again youre wrong...if red has come 56 times on a row...there is a 48% red will fall again.
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  #6  
Old 03-26-2005, 12:08 AM
Skipbidder Skipbidder is offline
Senior Member
 
Join Date: Feb 2005
Location: Illinois
Posts: 415
Default Re: Negative Progression roulette

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
He's talking about the Martingle system. (At least I'm pretty sure.)

This is a fine system, if you have millions.

[/ QUOTE ]

No. It is not a fine system if you have millions. There is no betting system that can turn a negative expectation bet into a positive expectation bet.

[/ QUOTE ]

I changed my post to say unlimited funds with unlimited wagering ablility.

[/ QUOTE ]

Whatever. Okay. The system is great for those people who have an infinite amount of money and also are playing roulette at some place that will book billion dollar bets. Much better than just admitting that you were wrong. Woohoo. There is no betting system by which you can turn a negative expectation bet into a positive expectation bet. Lather, rinse, repeat.
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