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  #11  
Old 12-23-2005, 05:29 PM
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Default Re: Martingale for SNGs

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the bigger reason it fails is because there is a max bet, if there was no max bet and you had an infinite bankroll it would work in theory.

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No it wouldn't.
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  #12  
Old 12-23-2005, 05:33 PM
splashpot splashpot is offline
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Default Re: Martingale for SNGs

[ QUOTE ]
[ QUOTE ]
the bigger reason it fails is because there is a max bet, if there was no max bet and you had an infinite bankroll it would work in theory.

[/ QUOTE ]

No it wouldn't.

[/ QUOTE ]
Yes it would. If you had an infinite bankroll. And if there were no max bet. It is impossible to lose infinity times in a row.
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  #13  
Old 12-23-2005, 05:35 PM
SuitedSixes SuitedSixes is offline
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Join Date: May 2004
Location: AZ
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Default Re: Martingale for SNGs

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
the bigger reason it fails is because there is a max bet, if there was no max bet and you had an infinite bankroll it would work in theory.

[/ QUOTE ]

No it wouldn't.

[/ QUOTE ]
Yes it would. If you had an infinite bankroll. And if there were no max bet. It is impossible to lose infinity times in a row.

[/ QUOTE ]

You type faster than me.
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  #14  
Old 12-23-2005, 05:41 PM
KenProspero KenProspero is offline
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Default Re: Martingale for SNGs

What's the difference between using the Martingale System and Card Counting in Black Jack -- I'll tell you

If they catch you counting cards, they'll kick you out of the casino. If they catch you using a Martingale, you can expect lots of comps -- they may even send an airplane to pick you up from whereever you live.
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  #15  
Old 12-23-2005, 05:47 PM
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Default Re: Martingale for SNGs

Unless you play online. Online casino software can detect people using the Martingale system so the system rigs itself and makes you lose.
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  #16  
Old 12-23-2005, 05:56 PM
The Yugoslavian The Yugoslavian is offline
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Default Re: Martingale for SNGs

Perhaps the OP really means a sort of 'step' type approach to STTs.....not really martingale but more like 'parlay'.....there have been some good posts on that as well.

Yugoslav
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  #17  
Old 12-23-2005, 06:03 PM
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Default Re: Martingale for SNGs

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
the bigger reason it fails is because there is a max bet, if there was no max bet and you had an infinite bankroll it would work in theory.

[/ QUOTE ]

No it wouldn't.

[/ QUOTE ]
Yes it would. If you had an infinite bankroll. And if there were no max bet. It is impossible to lose infinity times in a row.

[/ QUOTE ]

Yes.. it's impossible to lose infinite times in a row, but if you lose infinite times in a row, you lose infinite dollars. While this seems like a moot point, it's very significant and means that you can't ignore the possibility.
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  #18  
Old 12-23-2005, 06:07 PM
valenzuela valenzuela is offline
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Default Re: Martingale for SNGs

but u can lose 100000 times on a row making the martingale -ev. Even if u can bet $82192819829389389139021391283, u are still making a -EV bet.
No matter how big ure bankroll is, u cant make money on the long run making solely -EV bets.
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  #19  
Old 12-23-2005, 06:10 PM
applejuicekid applejuicekid is offline
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Join Date: Jan 2005
Location: Columbus, OH
Posts: 69
Default Re: Martingale for SNGs

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
the bigger reason it fails is because there is a max bet, if there was no max bet and you had an infinite bankroll it would work in theory.

[/ QUOTE ]

No it wouldn't.

[/ QUOTE ]
Yes it would. If you had an infinite bankroll. And if there were no max bet. It is impossible to lose infinity times in a row.

[/ QUOTE ]

This is incorrect. There was a thread about this in the SMP forum. I'll try to find it, but basically it said that at any given point the sum off all your wagers would be negative even if you were doing it with an infinite bankroll.
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  #20  
Old 12-23-2005, 06:30 PM
wmspringer wmspringer is offline
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Posts: 254
Default Re: Martingale for SNGs

At any given point your expectation is negative, yes (assuming a house edge)

However, due to variance there should be times when you are up. Quit during one of those times and you've made money. :-)
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