3 ms·
Positive expected value, or effective as in "lose slower"? My understanding was that Martingale is (almost?) always negative expected value.
by treetalker 2y ago
Positive expected value, or effective as in "lose slower"?
My understanding was that Martingale is (almost?) always negative expected value.
- andreareina 2y agoMartingale depends on (a) an infinite bankroll, and (b) being able to place an arbitrarily large bet, neither of which hold in the real world.
- ScottPowers 2y ago[dead]