[pico]

finite number divided by infinity is approximately equal to zero.

there, i simplied ganch's verbose explaination.

[Ganchrow]

Originally Posted by picoman

finite number divided by infinity is approximately equal to zero.

there, i simplied ganch's verbose explaination.

That corresponds only to point # 4 above (that the percent increase in bankroll from a successful Martingale round approaches zero as trials approach infinity).

It would correspond to point# 7 were the limit of the numerator finite.

But it's not.

[LT Profits]

Ganch,

Why are you here legitimizing this thread.

Just let it die its slow death (which has now taken a year).

[greek]

All Those Ads On Ebay By Harvard Stat Boy Feederoni!!!!!!!!!!! , Nba No Lost Both Are Losing Games And Money---9 Wins-3 Losers In Baseball Lost Yesterday With Tampa Bay Rays , And Nba No Lost Tryin Basrball Is Like 16-10 -------seems To Me Its Not Working So Far But I Will Check Back At The End Of The Season

[warriorfan707]

as long as one does not abuse it, martingaling is probably the easiest way to make money ever

[LT Profits]

Originally Posted by warriorfan707

as long as one does not abuse it, martingaling is probably the easiest way to make money ever

WRONG! All it takes is one losing streak to wipe out a whole season's profits.

[greek]

this dude sounds super smart --------- does he have any good picks ---- he sure broke that martin. stuff down

Originally Posted by Ganchrow

Well loss probability is never actually zero. The idea is that loss probability approaches zero as one's bankroll approaches infinite.

But it still isn't quite as simple as that -- even though loss probability is indeed approaching zero, expected (that is average) loss still approaches infinity. And to make matters worse, when the player does win he's not actually adding to his bankroll at all (his bankroll is already infinite, hence increasing it by a finite amount is not possible).

[onlinepokerpro31]

wow Ganchrow is the man, and Martingale makes people go broke. As simple as that.

Believe it or not, people will keep trying any system that they think there is no way to lose. It has always been this way, will always will be.