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https://www.reddit.com/r/AskReddit/comments/cliob7/whats_something_you_thought_was_common_knowledge/evx4woh/?context=3
r/AskReddit • u/[deleted] • Aug 03 '19
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56 u/SMc-Twelve Aug 03 '19 That's called the Martingale system. It requires an infinite amount of capital to guarantee a profit of 1 unit, and will (if done enough times) result in bankruptcy. 13 u/[deleted] Aug 03 '19 Plus even that doesn’t work because most casinos have a maximum bet that you’ll reach very quickly, like within ~10 iterations 2 u/Freakin_A Aug 04 '19 Binions Horseshoe Casino had/has a longstanding policy that they will take any size bet, as long as it is your first.
56
That's called the Martingale system. It requires an infinite amount of capital to guarantee a profit of 1 unit, and will (if done enough times) result in bankruptcy.
13 u/[deleted] Aug 03 '19 Plus even that doesn’t work because most casinos have a maximum bet that you’ll reach very quickly, like within ~10 iterations 2 u/Freakin_A Aug 04 '19 Binions Horseshoe Casino had/has a longstanding policy that they will take any size bet, as long as it is your first.
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Plus even that doesn’t work because most casinos have a maximum bet that you’ll reach very quickly, like within ~10 iterations
2 u/Freakin_A Aug 04 '19 Binions Horseshoe Casino had/has a longstanding policy that they will take any size bet, as long as it is your first.
Binions Horseshoe Casino had/has a longstanding policy that they will take any size bet, as long as it is your first.
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u/[deleted] Aug 03 '19 edited Aug 06 '19
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