STT idea-concept? thoughts?

THEIRISHMOB

Can I get thoughts and ideas regarding the following concept for playing STTs

You buy in for $50 and play 6seat or 9seat STT if you lose you buy into double the buy in and keep doubling up the buy in......until you cash?
If you have the bankroll odds are you will cash eventually.thus making a profit.
Once you cash you start again, moving up levels?

Am I going MAD?
:eek:

ditpoker

and rake, and time, and effort, and bankroll, and higher level it gets harder to win, and, and and, and...

RichieLawlor

THEIRISHMOB wrote: »

Can I get thoughts and ideas regarding the following concept for playing STTs

You buy in for $50 and play 6seat or 9seat STT if you lose you buy into double the buy in and keep doubling up the buy in......until you cash?
If you have the bankroll odds are you will cash eventually.thus making a profit.
Once you cash you start again, moving up levels?

Am I going MAD?
:eek:

Yes your going mad, $50, $100 $200 $400 $800 $1600 $3200 $6400 $12800 $25600 see where im going with this.

Also if you play the first 6 and then cash 2nd or 3rd in the 3200 if you can find one that is you would need 6350 to get even so i doubt 3rd would be any good as its a massive waste for small $$

nicnicnic

its been thought of before

http://en.wikipedia.org/wiki/Martingale_%28betting_system%29

THEIRISHMOB

nicnicnic wrote: »

its been thought of before

http://en.wikipedia.org/wiki/Martingale_%28betting_system%29

Your awake at 10.30am?
I am going MAD

nicnicnic

THEIRISHMOB wrote: »

Your awake at 10.30am?
I am going MAD

`

I have been rising at 6 a m for the last two weeks, its very strange

HoLLLLLaments

sounds logical. lets keep this goldmine to ourselves

bops

it's a better system for red/black on roulette, 5%+ rake on STTS, whilst only 1/37 for the roulette wheel - also YOU personally have a much larger edge at roulette!!

BIG-SLICK-POKER

nicnicnic wrote: »

`

I have been rising at 6 a m for the last two weeks, its very strange

Early Mornin Boner Nicky ???:D

valor

genius

RoundTower

BIG-SLICK-POKER wrote: »

Early Mornin Boner Nicky ???:D

I understand that's not normally a problem once you get to Nicky's age.

robinblinds

THEIRISHMOB wrote: »

Can I get thoughts and ideas regarding the following concept for playing STTs

You buy in for $50 and play 6seat or 9seat STT if you lose you buy into double the buy in and keep doubling up the buy in......until you cash?
If you have the bankroll odds are you will cash eventually.thus making a profit.
Once you cash you start again, moving up levels?

Am I going MAD?
:eek:

Pyramid scheme.

ianmc38

HoLLLLLaments wrote: »

sounds logical. lets keep this goldmine to ourselves

lol

Samba

put your flawed theory into practice!

Start at 10c stt's..

bobbyg

Friends of mine have done this before betting on one number to come up in the lotto. Their number seemed to come up at least once every 6/8 weeks but then they hit a drought and lost their entire bankroll for it.

POKERKING

martingale strategey is very common in roulette i tried it one night in melbourne but sat for too long and got greedy and bust, for roulette u need a low min and high max bet for it to have a chance!

instead of stts try it heads up better chance of working but your only up the original stake each time not as profitable in poker as in roulette, in long run u will lose i found out hard way!

BIGMICKG

THEIRISHMOB wrote: »

Can I get thoughts and ideas regarding the following concept for playing STTs

You buy in for $50 and play 6seat or 9seat STT if you lose you buy into double the buy in and keep doubling up the buy in......until you cash?
If you have the bankroll odds are you will cash eventually.thus making a profit.
Once you cash you start again, moving up levels?

Am I going MAD?
:eek:

so what happens when u dont cash in 8-10 in a row?? play a $10k sng?? lol doesnt work man sorry

Jesus Wept

bops wrote: »

it's a better system for red/black on roulette, 5%+ rake on STTS, whilst only 1/37 for the roulette wheel - also YOU personally have a much larger edge at roulette!!

*slaps hand to forehead.

You don't have an edge at roulette.

dvdfan

I think the martingal system is more applicable when the odds of something happening are say 5/1, if we bet on this outcome everytime and they are true odds and we double our stake everytime until we win then yes its theoretically a good system if you have a serious bankroll but as you double your stake in this example in say a heads up scenario the chances of you winning will decrease theoretically as you double your stake i.e move up level.

Im sure if you look around there is tools for running large martingale scenarios to see how often youll run into long losing patches based on the odds you estimate but i wouldnt bother, martingale is more a theoretical good idea but not in practise unless you have a huge bankroll and if you found something that worked well with martingale id imagine the quicker you could keep making your bets the better like roulette for example because playing headsup/sng takes too long so youll be relying on making lots of smaller bets and wining alot of small bets to add up to a decent return so you can control the long losing runs, of course you can always put a stop loss but that complicates things too.

POKERKING

The-Rigger wrote: »

*slaps hand to forehead.

You don't have an edge at roulette.

roulette 50/50 or 49/51 while stts is no where near 50/50 and theres no way of knowing, i think he meant roulette has an edge over stts not that he has an edge over roulette in general!!

luckylucky

I can't believe I'm replying to this thread, has to be an early candidate for dumbest post of the year , but anyway can't resist

The-Rigger wrote: »

*slaps hand to forehead.

You don't have an edge at roulette.

POKERKING wrote: »

roulette 50/50 or 49/51 while stts is no where near 50/50 and theres no way of knowing, i think he meant roulette has an edge over stts not that he has an edge over roulette in general!!

I think he was being sarcastic that due to this outstanding post the OP specifically would be better off playing roulette

dvdfan wrote: »

martingale is more a theoretical good idea

It's not even a good idea in theory. The only real use of the system is if say you decide you could do with winning a set amount say €4 for argument sake. then say for argument sake you are betting on an event where you double if you win, perhaps odds of .48 win/.52 loss. so the house has slight edge(as always ). If you lose then you double your bet to €8, lose again double your bet to €16 etc etc. chances are that eventually you will be that €4 in profit, assuming that you have a large amount of money.

However no matter how large your bankroll is, there is always a chance in theory that you could lose every single time before you hit, a very small chance but it will always be such that it outweighs the risk you take by implementing this system, and also of course if you had a very large bankroll, why bother trying to win a small amount in the 1st place :rolleyes: It's simple mathematics really, the odds are against you, period!

bops

luckylucky wrote: »

I think he was being sarcastic that due to this outstanding post the OP specifically would be better off playing roulette

...ty

RoundTower

The-Rigger wrote: »

*slaps hand to forehead.

You don't have an edge at roulette.

you do if you use this system, as you are guaranteed to win in the long run. Are you levelling?

Jesus Wept

luckylucky wrote: »

I think he was being sarcastic that due to this outstanding post the OP specifically would be better off playing roulette

I was aware of the possibility, that's why I utilised the smiley.

RoundTower wrote: »

you do if you use this system, as you are guaranteed to win in the long run. Are you levelling?

The system can't be used though. Are you levelling?

AdMMM

With an endless bankroll and no wager limit on the roulette table then yes, this is a good system. But there's no such thing as either or them!