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Hypothetical Martingale Challenge

  • 10-04-2012 9:06pm
    #1
    Registered Users, Registered Users 2 Posts: 12,780 ✭✭✭✭


    So this is quite stupid but could it theoretically work?

    Set your boundary and routine selection method.

    Say for example, horse racing favorites from 6/4 to 11/4.

    Track them, wait until a certain number lose in a row.

    Say choose 5 losses. Choose these genuine selections and keep a log, when you hit 5 losses in a row from your logical system, place a 20 bet, and then continue to double up as per martingale.

    Any thoughts :o:o


Comments

  • Posts: 23,339 ✭✭✭✭ [Deleted User]


    So this is quite stupid but could it theoretically work?
    ............

    Of course it could work :)
    Unfortunately, longterm the odds are stacked against you.

    Paper trade it for 3 months :)


  • Registered Users, Registered Users 2 Posts: 15,117 ✭✭✭✭MrJoeSoap


    So this is quite stupid but could it theoretically work?

    Set your boundary and routine selection method.

    Say for example, horse racing favorites from 6/4 to 11/4.

    Track them, wait until a certain number lose in a row.

    Say choose 5 losses. Choose these genuine selections and keep a log, when you hit 5 losses in a row from your logical system, place a 20 bet, and then continue to double up as per martingale.

    Any thoughts :o:o

    The only way to win long-term is with value. If you are merely choosing horse racing favourites with no knowledge of the sport then whatever system you are using makes little or no difference, it will go against you.

    If there was a winning system to wait for a series of losses then double-up until you win, it would be famous by now.


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