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  • 9th-July-2009 12:41 AM #5
    beerwm
    Join Date
    Nov 2008
    Posts
    461

    Re: System for the casino??? (baccarat)

    also-

    i could see some merit with martingale systems in markets-

    eg, if the prob( win ) increased with each loss [dependant] events, then increasing risk could work quite well,

    but with casino games - events are independent - P( 0.5 or less )
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  • 9th-July-2009 12:41 AM #6
    Mr J
    Evil Speculator
    Join Date
    Mar 2009
    Posts
    1,781

    Re: System for the casino??? (baccarat)

    Originally Posted by beerwm
    .. the house always wins
    The house can be making -ev bets themselves .

    Edit, beer, it still shouldn't be used. This is the same sort of thing as averaging down.
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  • 9th-July-2009 12:50 AM #7
    beerwm
    Join Date
    Nov 2008
    Posts
    461

    Re: System for the casino??? (baccarat)

    Originally Posted by Mr J