Quote from: Tyl3rdurden on February 20, 2013, 03:05 amAny take on the martingale strategy is ultimately doomed to fail, question is do you know when to walk away ? personally id just put all the bitcoins you are prepared to lose on one bet and if it wins, walk away, if it loses then accept the loss. Save yourself a hell a lot of time.Amusingly enough, this is the BEST strategy if your goal is to win big at a casino. The odds favor the house, we all know that, right? Right. Let's totally ignore the payout if you win or lose. Let's just say that it's always constant. Then a single huge bet truly is the best bet. It's still a stupid bet, but it's the least stupid one if you're really trying to win and not have fun.Think about it -- every time you allow the house a chance to win, it's going to win more of your money (statistically speaking). Every time you don't win big, you lose a chunk of your starting money, and we agree that the house will eventually win if you keep playing. Play forever, and you're leaving with $0.00 dollars. Period. There is no way around this. The question then becomes when do you stop playing?Well, obviously that's the problem, now isn't it. The thing is that it's best to stop playing before you play a single hand. Now statistically, over time, if you start with $10.00 and the house has a 55% chance of winning, after one hand you'll on *average* have less than you started with. Every time you play a hand, you will -- in the sense of statistical averages at least -- have less money.Therefore never starting is the best bet. Stopping after one is the next best bet.