martingale works but you need about 700 trillion
Bzzzt. Wrong.
It has been mathematically proven that there is no system
(Martingale included) that can take a combination of -e.v. bets and make
a positive return.
What once needs is an infinite bankroll, which is impossible.
If one is going to play the stupid Martingale System, they'd be getter
off with a game with a lower house edge, like Baccarat.
For an excellent read on the uselessness of betting systems
read this:
http://wizardofodds.com/gambling/bettingsystems.html
On this page the wiz explains how he offered $20,000 to anyone
who had a betting system that could show a profit after one billion
event simulations. One person took him up on it, and lost.
<center>The Wizard of Odds Challenge</center>
For about six years, from 1999 to 2005, I offered $20,000 to anyone with a betting system that could show a profit over a one billion hand computer simulation. Here you can find the
rules of the challenge. However, in all this time I only had one serious taker and hundreds of people wasting my time, pretending to be interested but never following through. So in January 2005, I took down the offer.
My webmaster, Michael Bluejay, now offers essentially the same challenge on his own site,
VegasClick.com. If you accept his challenge, and win, I will be happy to state as such on the front page of this site, for proving the experts wrong.
<center>A Fourth Experiment</center>
On October 19, 2004, Daniel Rainsong accepted my
challenge. Mr. Rainsong was so confident he would win he doubled the stakes to my $40,000 against his $4,000. Although the rules of the challenge are based on craps or roulette I allowed this challenge to be based on blackjack rules with a house edge of only 0.26%. Can a betting system beat a game with a house edge this small and a 1,028 bet spread? Visit my
Rainsong Challenge for all the details.