Also known as a loss recuperation method, the martingale theory of wagering states that a win can be assured if a wager has even odds and a 50% chance of winning and each betting loss is doubled on the subsequent bet.For example, if a $50 bet loses, you would bet $100 dollars to recoup those losses. If that fails, bet $200 on the next contest, and so on and so forth ad infinitum. For a $50 bettor with a $1,000 bankroll, this system would come to a harsh conclusion after just four losses in a row as you would already be in the hole by $550 ($50+$100+$200+$400=$550). At that point you would have just $450 remaining which is not enough to recoup your original losses. All that just to chase a $50 profit.What’s more, this theory doesn’t even account for the vig/juice. The vig ensures that each bet has to be progressively larger in order to recoup previous losses. Following our previous example, you would essentially go broke after only four consecutive losses chasing a $50 profit if we assume the traditional 10% vig:
This also plays into what’s known as the gambler’s fallacy. Also referred to as the Monte Carlo fallacy, this theory surmises that if deviations from expected behavior are observed in repeated independent trials บาคาร่า of a random process, future variations in the opposite direction are more probable. In other words, if you flip a coin ten times and heads comes up every time, many people will believe that the next result must be tails because the odds of heads coming up 11 times in a row is 0.000488 (0.5 to the 11th power). In fact, each coin flip is an independent event and that there is still a 50% chance of tails coming up on the 11th flip.
The main factor in determining which outcome will apply to you is your bankroll and your luck. If your bankroll is large enough to make continuous large bets (1,000 times the size of your unit bet), than you will probably win a little in the long term. However, if your bankroll is that large, you are probably wise enough to realize this system is a scam and not worth your time.If your bankroll is medium to small then it would be nearly impossible for you to turn a profit in the long run. You will most likely lose either a little or lose everything, all depending on how lucky you are. If you hit a losing streak early on, you will be broke. If you hit a losing streak in the middle, you will be a loser and probably broke. If you are lucky enough to avoid a losing streak for some time, then you may win a little. To keep your winnings, you must walk away and never wager again because every time you start this system over, you increase your probability of going broke.
Betting with the Sports Betting Star’s system gives you the same edge you would receive at a casino, which is to say none whatsoever. Feeling lucky? Instead of paying $175 for this service you could go to Vegas, sit down at the blackjack table, and keep doubling your bets until you’ve turned a small profit or — much more likely — gone broke.The good news in all of this is that there are legitimate ways to make money in sports gambling. Like any marketplace, the sports betting world is full of inefficiencies that can be exploited by shrewd bettors. Litanies of systems exist that utilize hard data rather than gimmicks, and these systems find inefficiencies in the market and exploit them. This does not mean that there are such things as guaranteed winners or five-star, platinum club locks. Rather, it means that certain situations present opportunities where there is value in taking one side over another based on historical data and precedence.