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51464579 No.51464579 [Reply] [Original]

So let's say that I hypothetically inherited a very large fortune. What if I went to a casino with very high betting limits and played a martingale strategy? How much money would I need for this to be profitable?

>> No.51464596

>>51464579
what if you didn't do that and didn't behave like a retard?

>> No.51464604

>>51464579
Gambling is not profitable in case you didn't know.

>> No.51464606

>>51464579
All of it.

>> No.51464621

just get your self a property and DCA into tech stocks and bitcoin you retarded monkey.

>> No.51464624
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51464624

>>51464596
I'm afraid that's impossible.
>>51464604
>>51464606
Ok but it would be if I had unlimited money though.

>> No.51464645

>>51464579
You are an idiot if you think it's a good idea. Probability is lumpy and it is possible that you would guess wrong 20+ times in a row and burn all your money.

>> No.51464718

>>51464579
stop it anon, stop it. if it would work, smart money would have done it a hundred years ago. its not possible. smart money isnt doing it so you shouldnt try it either. leave martingale. leave. it. fucking retarded nigger cattle myth

>> No.51464756

Expected value at a casino will always be negative due to house edge.

Martingale strategy at a roulette table i.e. doubling up on red/black will always have a negative expected return as the croupier can spin a zero.

>> No.51464805

>>51464579

The issues are:
- you don't have an infinite supply, so eventually doubling every loss after many losses will put you out
- tables have limits
- zero (and double zero depending on location) will do you too.

if you are playing roulette, leave the table early if you're ahead, the longer you stay the more you'd lose. But best is don't start to begin with.

>> No.51464844

>>51464624
>Ok but it would be if I had unlimited money though.

no it would not

>> No.51464888

>>51464844
It would though

>> No.51464936

>gambling away inherited money
A story as old as time.