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#1
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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. |
#2
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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. |
#3
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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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#4
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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 |
#5
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Re: Martingale for SNGs
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Unless you play online. Online casino software can detect people using the Martingale system so the system rigs itself and makes you lose. [/ QUOTE ] Untrue |
#6
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Re: Martingale for SNGs
I think that he was being sarcastic. At least I really hope that he was being sarcastic.
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#7
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Clarification
What I meant in the original post was that how would using the Martingale be better than using the Kelly% when it comes to money managing SNG buy-ins?
To simplify things, let's take the case of a 66% ITM (aka 20% ROI)HEADS UP SNG player. He plays 5+5. Once he loses, he plays 5+5 again. Once he loses, he moves up to 11. Once he loses, he moves up to 33. Once he loses, he plays 33 once again. Once he loses, he plays 55. Once he loses, he plays 109. Once he loses, he plays 215. That's 8 loses in a row. There's no way a 66% ITM (aka 20%ROI) heads up player would lose 8 games in a row. How would this system be better or worse than using the Kelly to make money management decisions? |
#8
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Re: Clarification
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There's no way a 66% ITM (aka 20%ROI) heads up player would lose 8 games in a row. [/ QUOTE ] [img]/images/graemlins/smirk.gif[/img] |
#9
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Re: Clarification
Uh, a 66% ITM at the $5s |= a 66% ITM at the $100s.
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#10
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Re: Clarification
I am referring to heads up SNS. In a heads up SNG, 66% in the money equals 20% ROI.
But my question is regards to using the martingale for SNGs. I wonder how big or small the fluctuations would be relative to Kelly and Half Kelly. Assume positive EV not negative EV (like roulette). |
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