Posts Tagged ‘ gambling ’

Wasting away again in Martingaleville

December 1, 2011
By
Wasting away again in Martingaleville

Alright, I better start with an apology for the title of this post. I know, it’s really bad. But let’s get on to the good stuff, or, perhaps more accurately, the really frightening stuff. The plot shown at the top of this post is a simulation of the martingale betting strategy. You’ll find code for

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