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#1
12-23-2005, 05:29 PM
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Re: Martingale for SNGs
[ 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. 
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#2
12-23-2005, 05:33 PM
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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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#3
12-23-2005, 05:35 PM
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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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#4
12-23-2005, 06:03 PM
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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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#5
12-23-2005, 06:07 PM
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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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#6
12-23-2005, 06:10 PM
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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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#7
12-23-2005, 06:30 PM
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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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#8
12-23-2005, 06:49 PM
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Re: Martingale for SNGs
just think about this. if it takes 1,000,000 times to win you still are positive, if it takes infinity times you still are positive. Its just a matter of how long it takes till you win. If you have infinity time to play, infinity money to play with, and no max bet you will have to win at some point at which point you are positive and that can be repeated.
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#9
12-24-2005, 02:25 AM
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Re: Martingale for SNGs
[ QUOTE ]
If you have infinity time to play, infinity money to play with, and no max bet you will have to win at some point at which point you are positive and that can be repeated. [/ QUOTE ] Incorrect. There is always the chance that you lose from the beginning.
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#10
12-24-2005, 02:33 AM
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Re: Martingale for SNGs
no there isnt, because with infinity tries you WILL win at some point. while it doesnt matter because its not physically possible, in theory you will win. You will not win with 1,000,000 tries, but infinity, yes.
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