This document outlines a martingale betting strategy where a gambler doubles their bet after each loss to try and recover losses. It shows a gambler starting with an initial 500 bet with a 1% chance of losing, then doubling their bet up to 500 bets total as the chance of losing increases, resulting in potential total losses of 155 units if the losing streak continues.
This document outlines a martingale betting strategy where a gambler doubles their bet after each loss to try and recover losses. It shows a gambler starting with an initial 500 bet with a 1% chance of losing, then doubling their bet up to 500 bets total as the chance of losing increases, resulting in potential total losses of 155 units if the losing streak continues.
This document outlines a martingale betting strategy where a gambler doubles their bet after each loss to try and recover losses. It shows a gambler starting with an initial 500 bet with a 1% chance of losing, then doubling their bet up to 500 bets total as the chance of losing increases, resulting in potential total losses of 155 units if the losing streak continues.