JayJuanGee
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How much alt coin diversification is needed? 0%?


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April 06, 2014, 09:16:17 AM

The Martingale "system" has no sound rational basis to even be called a system in the first place, because it does not actually do anything statistically that in any way improves outcome of any arbitrary series of fixed bets.

All the Martingale system actually does is play psychological games with your perception of wins and losses, and appeals to a misguided sense that the individual bets are somehow not statistically-independent events.

The "system" does account for them being statistically-independent events, but allows a way to systematize so you never walk away from the table at a loss b/c sooner or later you are going to be successful and win back all losses, plus the additional 1 unit bet that you started with.