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Old 04-06-2014, 02:15 PM   #1
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Default Martingal Theory - Again

So as some of the older members may remember I had a debate over the Martingale Theory in roulette.

So my experience this time around is very much the same as the last.

I deposited 10 and proceeded making 5p bets on 2/1 odds (red, black, odd, even, 1-18, 19-36) doubling my stake when I lost and resetting to 5p when I won.

After a couple of hours i'd racked up a balance of 230 which wasn't a bad return from my 10.
After much deliberation I decided to withdraw 200 and continue with my 30 of which I then lost.

The problem with the theory is that it requires you to risk ridiculously large amounts of money to win very small amounts (albeit lots of them).

So I question if I had left my 200 in their along with the 30 could I have continued to rack up my bank balance?
I don't know and i'm not particularly fussed, I put in 10 and banked 200.

Your thoughts? . . . .

**My personal disclaimer - if you do read up on this theory and decide to go for it I would advise against it as it's something I've found that gives you false confidence and the feeling that you can't lose however if you do decide to do it then only invest a sum of money you can afford to lose, know when enough is enough and cash in while your on top!

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Old 04-08-2014, 05:00 PM   #2
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Default Re: Martingal Theory - Again

A few times ive been into a casino deposited 10 and sat on a blackjack betting terminal , making small bets (10p) chips etc ,just as a form of entertainment with my friends really , something of an alternative drinking environment from the pub . Eventually racked up about 90 , banked 60 of it and tried to play on with the 30 , ended up getting the 30 to 50 a few times but never passed that , eventually left with 15 of that 30 so from my original 10 stake I had 75 . I could have happily played on but it became home time .

My thing whenever I go to the casino which isnt very often is I take cash only no cards , and only take the cash I am prepared to loose . If I loose some money which I have never done yet I would just treat it as if I have purchased entertainment for the time I have been in there . Not really been interested in any other types of gambling apart from the odd flutter on the lottery here and there but I can see how people quickly get addicted to it . The win fills you full of adrenalin even if its only a few quid win at a time
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