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Ah yes I have fond memories of the Martingale betting system. Two days before I turned 21 a buddy of mine was telling me that he had a buddy who constantly made money at black jack with this system (maybe his buddy was jb). He said just bring $120 to the $5 tables and double your bets every time you lose. It was a can't miss opportunity. You NEVER lose 5 hands of black jack in a row.
Now I had never played black jack before. This sounded like a fantastic idea. So on my 21st birthday we head out to the local casino. My $120 (which was a decent amount of money to me at the time) in tow. I sit down at the table with my reference card and my $120. My first 5 hands later I am walking away from the table with no money. 10 minutes into my first ever casino trip and I was broke. In addition to having since learned the math and resoning behind why the strategy does not work, I have also put the method into real world practice. To sum up, it blows.
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