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21284159 No.21284159 [Reply] [Original]

Is sports betting guaranteed winning using martingale strategy?

A team plays 82 games in an NHL/NBA season. What is the chance of an average team losing all 82 games? Even if they lose a couple, win 1, lose a couple, win 1, you will still be making money using the martingale strategy

Assuming 1:1 odds:

Bet 50$ for team to win.
They lose? Bet $150 next game
They lose again? Bet $250 next game
They lose again? Bet $500 next game
Etc , etc. Eventually they will win and you will make a profit. There are no limits to how much you can bet at like you would see at a casino table.

If you really wanna play it safe, you can bet high at the start of the season and then as the season nears the end, lower you initial bet, just to be safe.

>> No.21284224

No. This is thinking like a retard. Eventually, you will get burned using this strategy.

>> No.21284293

If the odds for every game u bet on are 50/50 then yes. But they won't be. You are a cunt.

>> No.21284400

goodluck finding someone to take a 100k+ bet

also taxes will fuck you probably

this strategy would work assuming you have unlimited funds and there was no cap on betsize, neither of which are true so you will get burned inevitably

>> No.21284437

>>21284159
Yes eventually they will win, but you may run out of money first.

Carry out your strategy 10 games, it starts adding up really quick. Good luck getting a load for tens of thousands to dig out of your hole

>> No.21284509

It’s pretty much the exact same as doing it on the roulette (which doesn’t work long term) since 1:1 would mesn that this team is expected to win < than half their games.

>> No.21284572

The odds are always favouring the house so it’s very hard to find and edge, people who make money sports betting are knowledgeable and understand stats, this retard method wouldn’t work

>> No.21285076

>>21284159
After the twelfth loss in a row or so you'll need hundreds of thousands to keep playing