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"""Martingale Betting System - Basic Theory
The so-called 'Martingale System' is a common betting strategy in online live baccarat. In simple terms, it involves doubling the wager every time you lose until you win.
First, you start with a $10 bet. If you win, you continue with a $10 bet. However, if you lose the $10, your next bet becomes $20. If you win this $20 bet, it offsets the previous $10 loss (you win $10). If you lose the $20, your next bet would be $40, and so on, doubling and adding the original bet each time until you eventually win $10.
Martingale Betting System Probability Prediction
In a fair gambling game, the probability of winning or losing each round is 50%. The more consecutive losses you have, the lower the probability becomes. For instance:
- Probability of losing 3 consecutive rounds is 12.5%.
- Probability of losing 5 consecutive rounds is 3.125%.
- Probability of losing 10 consecutive rounds is approximately 0.1%.
Therefore, with a sufficient gambling budget, most of the time, the probability will eventually guarantee profits.
Two Major Pressures of Using the Martingale System
When using the Martingale system, there are two significant pressures to consider:
1. Psychological Pressure: Can your mindset handle such substantial losses? Continuously losing at the gambling table is already a mental burden. Adding to that by doubling, quadrupling, or even octupling your losses can be extremely psychologically taxing. It's crucial to know if your psychological state can withstand such heavy blows.
2. Financial Pressure: When the extremely unlikely happens, the Martingale system poses significant financial risks. For instance, after losing 10 consecutive rounds, you may need to bet 1,024 times your original wager to attempt to recoup your losses. If you continue to lose (with a 50% chance), the bet amount will rapidly escalate. If you reach a point where you can't afford to continue doubling your bet, the method fails.""" |
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Post time 5-10-2023 15:28:21