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Old 08-14-2006, 12:50 PM   #85
Desnudo
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Join Date: Jul 2003
Location: Here and There
Quote:
Originally Posted by QuikSand
This thread is becoming a free-for-all now.

What would really be great would be if we could all get together, connect all our computers to a lot of other ones, and be able to do research and actually find out about this sort of thing. You know, some kind of inter-network system that people like us could use to actually learn what is actually correct, rather than just spouting off on what we think might be correct. That would be so cool... then stuff like this wouldn't even have to happen.

Tongue-in-cheek I'm sure, but amazingly the casinos have figured out how combat such a fantastic system.

http://en.wikipedia.org/wiki/Marting...ette_system%29

"Unfortunately, none of these practitioners in fact possessed infinite wealth, and the exponential growth of the bets would quickly bankrupt those foolish enough to use the martingale after even a moderately long run of bad luck."

Modern casinos generally have table minimums and maximums to prevent players from doubling their bets more than five or six times, rendering the martingale system obsolete.
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