Betting strategy, if you lose you double your bet to recoup the loss and gain some extra, if you win you go back to your initial bet, but if you keep losing you have to keep doubling. If you aren't careful $100 can quickly become 10k+
Years ago I'd double or nothing plus $5 for a "free" lunch. I'd immediately stop after getting ahead +$5. It worked for about two weeks and I finally hit the table bet limit and lost. Lost 5 times in a row for a total about roughly $1200. At the time that was a months pay for me.
Martingale strategy only works if you know the math, and are willing to take tiny, tiny victories.
You don't go 1:2 put it on Red or Black, you go on Green, and increase your bet only marginally, not doubling, to go along with those longer odds. That way, you never hit the table limit.
But you'll be winning basically minimum wage or less. But in theory, you COULD do it. Casino doesn't care if one person gets away with a couple bucks: Someone at the table encourages others to play too, who won't be as careful. You being there, and putting money on the table, increases the odds of others also coming there, and putting money on the table. They're making thousands if not more per hour, someone making 10 bucks an hour at most by gaming the gaming tables by participating and looking involved isn't a concern to them.
And this applies to the current political environment, too. Keep doubling down, and eventually, some marginal minor thing will go your way... While everything else is going someone else's.
You keep doubling down until you win. $1 on red loses, $2 on red loses, $4 on red wins you get $8. 8>7 so you take home money. Basically the lefts strategy in a nutshell. They keep doubling down hoping to eventually win.
Martingale strategy ?
A strategy based on the assumption that the games aren't heavily rigged in the casino's favor, which is laughable.
Betting strategy, if you lose you double your bet to recoup the loss and gain some extra, if you win you go back to your initial bet, but if you keep losing you have to keep doubling. If you aren't careful $100 can quickly become 10k+
Years ago I'd double or nothing plus $5 for a "free" lunch. I'd immediately stop after getting ahead +$5. It worked for about two weeks and I finally hit the table bet limit and lost. Lost 5 times in a row for a total about roughly $1200. At the time that was a months pay for me.
I heard of some dealers on their break at a casino who tossed $25 onto a Baccarat bet. When they lost, they tried to win it back with Martingale.
Ended up losing $25,000 in about ten minutes.
Yeah I didn't run the math analysis too far. Ultimately I stood to win $100, for every $1,200 lost.
Part of the problem is the odds are mathematically stacked, BY FAR, against the player, and in favor of the House.
They have it down to a science, and they openly acknowledge that it is systematically designed to make the player lose money.
It is hardly even games of chance anymore. That is largely an illusion.
Martingale strategy only works if you know the math, and are willing to take tiny, tiny victories.
You don't go 1:2 put it on Red or Black, you go on Green, and increase your bet only marginally, not doubling, to go along with those longer odds. That way, you never hit the table limit.
But you'll be winning basically minimum wage or less. But in theory, you COULD do it. Casino doesn't care if one person gets away with a couple bucks: Someone at the table encourages others to play too, who won't be as careful. You being there, and putting money on the table, increases the odds of others also coming there, and putting money on the table. They're making thousands if not more per hour, someone making 10 bucks an hour at most by gaming the gaming tables by participating and looking involved isn't a concern to them.
And this applies to the current political environment, too. Keep doubling down, and eventually, some marginal minor thing will go your way... While everything else is going someone else's.
You keep doubling down until you win. $1 on red loses, $2 on red loses, $4 on red wins you get $8. 8>7 so you take home money. Basically the lefts strategy in a nutshell. They keep doubling down hoping to eventually win.
If you play craps, this is a great strategy to bet on the field - double your bet if you lose, back to the initial amount after a win.