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Martingale systems I googled seem just basic double ups - not generated processes...
Problem for roulette is that the Expected Value (EV) of your return is lower anything you lay on the board due to the table's margin.
For example betting on black vs white.
Return 2:1
Odds of winning 0.47 (say...)
EV on a $100 bet is therefore $94 (200 x .47) which is less than what u paid. Betting strategies can't get around this as you can resolve any betting strategy down to individual bets. Blackjack betting boils down to counting cards until the EV of your bet is higher than your stake and then uping your bet dramatically - but you still need that odds advantage.
Wow this really has made a tent of my trousers but I gotta catch some z's - will bookmark this one. Cheers for posting this studio
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