Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (56428)	12/6/2001 9:52:27 PM
From: mishedlo	Read Replies (1) \| Respond to of 94695

The house limit is going to be the problem maybe with a simple doubling the bet system. Otherwise it is guaranteed to win. With a 2:1 payoff if you double the bet after each loss then your win when it comes will give you a profit equal to your initial bet. I haven't tried this in the real world though.... That is exactly why there are house limits. Eventually the 6 or 8 losses in a row that it takes to hit the limit will happen and at that point you better damn well win the next bet or the party is over. Even if you do win the next bet all you do is break even. Silly silly system. As I said, it is far better to increase bets during a winning streak than a losing streak. M