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View Poll Results: Am i right?
yes 6 46.15%
no 7 53.85%
Voters: 13. You may not vote on this poll

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  #1031  
Old 03-20-2007, 02:15 PM
microbet microbet is offline
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Default Re: OT: [censored] thread, March, READ RULES IN TOP POST

[ QUOTE ]
Martingaling is +EV but fairies wear boots, you gotta believe me. I saw it I saw it with my own two eyes. And something about a max bet size.

[/ QUOTE ]

(I've been up all night. Forgive me. My mind isn't right.)
  #1032  
Old 03-20-2007, 02:39 PM
bigt439 bigt439 is offline
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Default Re: OT: [censored] thread, March, READ RULES IN TOP POST

[ QUOTE ]
[ QUOTE ]
Sorry, GKA. Its not a 0EV strat if there are no bet limits. Assuming an unlimited bankroll and unlimited maximum bet size, you can make money doing this continually. This is why casinos have maximum bets at their tables to prevent this strategy from being employed.

[ QUOTE ]
xPeru,

This is a 0EV scenario.

[/ QUOTE ]

[/ QUOTE ]

The problem is if you assume an infinitely large bankroll you can assume infinitely long losing streaks. The reasons why casinos have max bets is so someone can't "win" the casino.

[/ QUOTE ]

this is right... it is 0EV... come on guys this is pretty obvious...
  #1033  
Old 03-20-2007, 02:40 PM
The Yugoslavian The Yugoslavian is offline
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Default Re: OT: [censored] thread, March, READ RULES IN TOP POST

My monitor stand finally came! I can't believe I've been working without one! THE WORLD CHAMP NEEDS HEIGHT!

Yugoslav
  #1034  
Old 03-20-2007, 02:42 PM
Eagles Eagles is offline
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Join Date: Oct 2005
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Default Re: OT: [censored] thread, March, READ RULES IN TOP POST

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Sorry, GKA. Its not a 0EV strat if there are no bet limits. Assuming an unlimited bankroll and unlimited maximum bet size, you can make money doing this continually. This is why casinos have maximum bets at their tables to prevent this strategy from being employed.

[ QUOTE ]
xPeru,

This is a 0EV scenario.

[/ QUOTE ]

[/ QUOTE ]

The problem is if you assume an infinitely large bankroll you can assume infinitely long losing streaks. The reasons why casinos have max bets is so someone can't "win" the casino.

[/ QUOTE ]

this is right... it is 0EV... come on guys this is pretty obvious...

[/ QUOTE ]
Think a bit longer it's +ev.
  #1035  
Old 03-20-2007, 04:46 PM
ManChild ManChild is offline
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Default Re: OT: [censored] thread, March, READ RULES IN TOP POST

can anyone direct me to the webpage where Full Tilt shows how to earn points toward getting a bonus - like what games get you what # of points and whatnot..... i am currently looking but failing to find it for some reason...

thanks
  #1036  
Old 03-20-2007, 04:59 PM
Misfire Misfire is offline
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Default Re: OT: [censored] thread, March, READ RULES IN TOP POST

[ QUOTE ]
Interesting in that if you flip 321 times, you win big, but 322 times, you lose huge.

So we can ascertain that you should only get in a coin-flip situation in poker when it is your "odd" time? Or are there streaks where "evens" have the edge.

I'm counting flips starting.........now.

[/ QUOTE ]

ROBUSTO!
  #1037  
Old 03-20-2007, 05:05 PM
Pudge714 Pudge714 is offline
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Default Re: OT: [censored] thread, March, READ RULES IN TOP POST

People arguing Martingaling is 0EV are really wrong. It is -EV, if it doesn't work.
  #1038  
Old 03-20-2007, 05:11 PM
citanul citanul is offline
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Default Re: OT: [censored] thread, March, READ RULES IN TOP POST

pudge,

incorrect:

amongst things it can be, it can be -ev (in practice) and +ev (in theory), the only thing that can be considered 0ev about it is that if you have an infinite bankroll the actual utility gained by the profit of 1 unit will be 0.
  #1039  
Old 03-20-2007, 05:18 PM
Kibby Kibby is offline
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Default Re: OT: [censored] thread, March, READ RULES IN TOP POST

This is correct.

[ QUOTE ]
pudge,

incorrect:

amongst things it can be, it can be -ev (in practice) and +ev (in theory), the only thing that can be considered 0ev about it is that if you have an infinite bankroll the actual utility gained by the profit of 1 unit will be 0.

[/ QUOTE ]
  #1040  
Old 03-20-2007, 05:39 PM
Eagles Eagles is offline
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Join Date: Oct 2005
Location: Saving the season
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Default Re: OT: [censored] thread, March, READ RULES IN TOP POST

[ QUOTE ]
pudge,

incorrect:

amongst things it can be, it can be -ev (in practice) and +ev (in theory), the only thing that can be considered 0ev about it is that if you have an infinite bankroll the actual utility gained by the profit of 1 unit will be 0.

[/ QUOTE ]
OWNED
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