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| Best online casino / Casino strategy |
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The lure of easy money and an edge on the house is the fatal sirens song to those who spend much of their leisure time hanging around casinos. A system that promises big payoffs is as irresistible to most gamblers as a six pack of powder doughnuts is to the ever expanding Alec Baldwin. The Martingale system is one of those lures that promise rewards if used in a gaming situation, but like those who followed the music given off by the mythical sirens, working with this system will leave you dashed on the rocks.
The nuts and bolts of Martingale is that every time you lose a bet, you bet again with a little more than double the previous bet. Theoretically, when you eventually win, you will make back all your losses plus a small profit. The flaw here is obvious. There is theory that says if you take an infinite number of monkeys, give them typewriters, white out and caffeine, they will eventually reproduce the works of Shakespeare. I don’t know anyone who has that many monkeys.
I also don’t know anybody with enough money to keep doubling their losing bets. If you start betting at ten dollars and double every time, you are twenty bets away from owing about ten million dollars. Even if you are blessed with infinitely deep pockets, there is no guarantee the casino is. At some point their bank breaks and you may not make back your money. In the real world though, you will run out of money long before the casino does, and well before you make back your losses with this system.
This is one of the flaws that is so obvious that people miss it. Many will try this system with the optimistic hope that they will win their money back. In a perfect world, yes you will, is your bank account well stocked enough to cover the losses till than?
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