Martingale odds of failure in the long runProbabilităţile de eşec ale martingalului în jocul de cursă lungă
29 mart. 2012

Martingale odds of failure in the long runProbabilităţile de eşec ale martingalului în jocul de cursă lungă

  Anyone knows that odds for the same event to occur several consecutive times in a series of independent plays of a game are very low. This applies for any game of chance, including roulette. For example, hitting the same color for n times in a row on a single-zero roulette has the probability . For n = 3, this is 11.51%, for n = 5 is 2.72%, while for n = 10 it goes down to 0.07%. Basing on these low probabilities of repetition...

Read More