Your Comments please .
2007-05-31 23:05:09 · 4 answers · asked by Heights! 2 in Games & Recreation ➔ Gambling
Nope, no certainty, but you haven't given enough information to calculate the odds.
2007-06-01 01:08:35 · answer #1 · answered by Maquis 7 · 1⤊ 0⤋
Certainty and Probability are mortal enemies of each other.
I'm gonna guess you are talking about the Nightingale system.
That means something like in a game where people do 2:1 payouts with 50% chance of winning, someone who has 4 million bucks puts down 1000 dollars.
If he loses, he bets again, doubling the bet. And again if he loses. If he wins, he starts over from 1000 dollar bets.
However, if he loses 12 times in a row, he's bankrupt.
Now, the chances of losing 12 times in a row in a 50-50 game in unlikely, but if you hit a streak of bad luck it might just happen.
2007-06-01 02:51:36 · answer #2 · answered by Anonymous · 1⤊ 0⤋
THERE IS NOTHING CERTAIN ABOUT PROBABILITY. ZEIDER, ABOVE IS TALKING ABOUT THE MARTINGALE SYSTEM. WHERE YOU INCREASE YOUR BET EACH TIME AFTER A LOSS. INVENTED BY MR. MARTINGALE,WHO NOW RESIDES IN THE POOR HOUSE! IN GAMBLING NOTHING IS "DUE" TO HAPPEN.
2007-06-01 15:05:59 · answer #3 · answered by Anonymous · 1⤊ 0⤋
http://72.14.235.104/search?q=cache:mQRkIvqPHowJ:www.saliu.com/Saliu2.htm+probability+gambling&hl=en&ct=clnk&cd=1&gl=in
2007-05-31 23:12:11 · answer #4 · answered by Washington 3 · 0⤊ 0⤋