Turning Betting on its Head for Unbelievable Results!
You Have NEVER Seen ANYTHING Like This Before!
Backward Bets has Shocked Punters, Tipster and Bookies Alike.
Discover the Revolutionary Method that
Members Are Using to Generate More Than £140,000 PER YEARin Betting Profits.
Read on to discover how it works and how you can get involved today for a bank-busting £2,500+ THIS WEEK.
I KNOW you’re looking for something different. I KNOW you want to make money and I KNOW you’re eager to get started…
So first things first – I need you to FORGET everything you currently know about betting.
I don’t care if you’ve been betting for ten years, if you’re using your great granddad’s secret method or if you’ve paid £600 for a fancy betting system. You need to forget it!
That’s because if you’re reading this message, the chances are those methods have failed you and now you’re looking for something that actually
Since January 2018, we’ve shared our winning service with thousands of punters and now we’re inviting YOU to join us.
A martingale is any of a class of betting strategies that originated from and were popular in 18th-century France. The simplest of these strategies was designed for a game in which the gambler wins the stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler double the bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake. The martingale strategy has been applied to roulette as well, as the probability of hitting either red or black is close to 50%.
Since a gambler with infinite wealth will, almost surely, eventually flip heads, the martingale betting strategy was seen as a sure thing by those who advocated it. None of the gamblers possessed infinite wealth, and the exponential growth of the bets would eventually bankrupt “unlucky” gamblers who chose to use the martingale. The gambler usually wins a small net reward, thus appearing to have a sound strategy. However, the gambler’s expected value does indeed remain zero (or less than zero) because the small probability that the gambler will suffer a catastrophic loss exactly balances with the expected gain. In a casino, the expected value is negative, due to the house’s edge. The likelihood of catastrophic loss may not even be very small. The bet size rises exponentially. This, combined with the fact that strings of consecutive losses actually occur more often than common intuition suggests, can bankrupt a gambler quickly.
The fundamental reason why all martingale-type betting systems fail is that no amount of information about the results of past bets can be used to predict the results of a future bet with accuracy better than chance. In mathematical terminology, this corresponds to the assumption that the win-loss outcomes of each bet are independent and identically distributed random variables, an assumption which is valid in many realistic situations. It follows from this assumption that the expected value of a series of bets is equal to the sum, over all bets that could potentially occur in the series, of the expected value of a potential bet times the probability that the player will make that bet. In most casino games, the expected value of any individual bet is negative, so the sum of many negative numbers will also always be negative.
The martingale strategy fails even with unbounded stopping time, as long as there is a limit on earnings or on the bets (which is also true in practice). It is only with unbounded wealth, bets and time that it could be argued that the martingale becomes a winning strategy.