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This is a question Gambling

Broke the bank at Las Vegas, or won a packet of smokes for getting your tinkle out in class? Outrageous, heroic or plain stupid bets.

Suggested by SpankyHanky

(, Thu 7 May 2009, 13:04)
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Martingale system - LOL

£1 + £2 + £4 + £8 + £16 + £32 + £64 = More than your £100

Only needs 6 reds in a row ... cos you should ALWAYS BET ON BLACK (Wesley Snipes says so)
(, Wed 13 May 2009, 10:49, 2 replies)
Oh that almost made Passenger 51 worth watching...
...almost.
(, Wed 13 May 2009, 10:54, closed)
Passenger 57 was even better
:)
(, Wed 13 May 2009, 11:00, closed)
Teh proofs
I just simulated playing the Martingale system in Excel for shits and giggles, with a starting fund of £100 and initial bet of £1.

After 30 spins I was up to £115, six losing spins in a row later I was down to £52 and couldn't afford the £64 to win my losses back, and the next spin was a loser anyway.

With a starting fund of £1000 I lasted 355 spins before I couldn't afford to win back my losses. If I'd stopped nine spins earlier I'd have spent a whole day in a casino and made £182. Hardly a get-rich quick scheme...
(, Wed 13 May 2009, 11:18, closed)
And then...
I tried again with £10,000.

This time I'd turned it into £22,093 after 24,178 spins. Then 15 blacks came up in a row and I lost the lot.
(, Wed 13 May 2009, 11:32, closed)

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