Quote (josh2234 @ Nov 12 2013 02:10pm)
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but if u were to bet then double up till you won, would this not work?
Despite the green spot, this wouldn't work.
At any time, your average gain would be zero.
You can see this as a sort of inverse lottery.
At a classic lottery, you bet very few, and you got very few chances to earn a lot, and very high chances to lose your bet (lose very few).
With a martingale, you bet a lot, and you have very high chances to earn very few, and very few chances to lose your bet (lose a lot).