BP1369

Let me explain it with an example. imagine you have 64 euro and you want to increase it to 128 euro. There are two methods: 1- you can bet all of your money on one color lets say black and as we all know the win chance is almost 50%. 2- Using the Martingale method: it doesn't matter which stake you start with because if you start with 1 euro you need 64 times win to reach to the desired 120 euro and if you choose 0.5 euro as the initial stake you need 128 wins to increase your balance from 64 to 128. Lets say you choose 1 euro as the initial stake which is supposed to increase in case of any lose. since you have 64 euro in your balance if you lose 6 consecutive time you would be out of your balance (1 Euro , 2 Euro , 4 Euro , 8 Euro , 16 Euro, 32 Euro ) total =63 euro . the question is what is the probability of losing 6 times consecutively. it is 1/ 64. which means if you play 64 hands you would definitely face 6 consecutive of a color and since there are two colors the probability of lose is 1/128. As I said you need to play 64 hands to double up your money from 64 to 128. and the chance of lose is 1/128 therefor the chance of win is again 50%. So from mathematical point of view the chance of win is exactly equal. But the question is why this method seems lovable and you feel more confident when you are using this method. Because actually you are not reducing the lose probability by using this method you are breaking down it. For example in the previous example the probability of losing in one hand (increase balance from 64 to 128) is 50%. But if you break down it to 64 hands the probability of losing in each hand is 0.7 % how ever at the same time you are decrease the win amount from 64 Euro in one hand to 1 Euro in hand. It seems more safe. The question you might want to ask is that : if the chance of win is the same why they put limit size for the table. Because they don't want to allow you to break down the probability of the lose and the wining amount too much. if you break down it to 15 consecutive lose. the probability of the lose in each hand is 0.0001 ( by saying lose I mean losing all of your balance in 15 consecutive hands , it is obvious that in each hand the probability of lose is 50%). By this method, actually you are making a jackpot slot for the casino owner. if he hits the jackpot you would lose a lot of money. But it is really rare and improbable. So I absolutely agree with you. Setting a limit size for the table and banning the player at the same time is a cheat from the casino.