Originally Posted by redietz View Post
When that window closed, he hitched onto Alan.
His latest posts seem so detached and vague.

All that aside, the martingale betting system works just fine, and has quantifiable, though variable, mathematical advantage. The problem is that we would run out of money when we lose the big bet. Even with a significant other edge, we would eventually lose the big bet with the martingale. After all, Kelly betting is sort of an inverted martingale to guard against bankruptcy. Therefore, we would require another manner in which to exploit the fundamental principle of the martingale, along with some other edges, if and where available, to defeat a negative expectation game.