Posts Tagged ‘martingale’
Posted by Nicolae on September 10th, 2008 under Wagering guide, strategies
Tags: betting strategies, betting systems, gambling, Independent Events, Kelly criterion, martingale, odds, winning •
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Betting strategies or betting systems are approaches to gambling intended to increase the odds of winning.
Independent Events
The following betting strategies have been recorded as being applied to games which operate on independent events. For such games, the odds of a particular outcome are identical for every bet played. No such strategy can [...]
Posted by Nicolae on August 21st, 2008 under Roulette and wheel games Guide, games, strategies
Tags: analysis, bets, betting strategies, Casinos, doubling, gamblers, martingale, maximums, minimums, roulette, system •
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Originally, martingale referred to a class of betting strategies popular in 18th century France. The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler double [...]
Posted by Nicolae on June 13th, 2008 under Gaming Guide
Tags: beat the bookie, dicey, due-column betting, even money, fixed profits, fixed stakes, hazard, I bet that, kelly, martingale, Monte Carlo method, staking systems •
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Many people have formulated staking systems in an attempt to “beat the bookie” but most still accept that no staking system can make an unprofitable system profitable over time. Widely-used systems include:
Fixed stakes – a traditional system of staking the same amount on each selection. This method suits conservative punters if the [...]