{"id":1077,"date":"2012-07-27T14:14:49","date_gmt":"2012-07-27T14:14:49","guid":{"rendered":"https:\/\/forumarchives.tmsites.net\/index.php\/2012\/07\/27\/martindale-why-is-it-a-bad-strategy\/"},"modified":"2012-07-27T14:14:49","modified_gmt":"2012-07-27T14:14:49","slug":"martindale-why-is-it-a-bad-strategy","status":"publish","type":"post","link":"https:\/\/forumarchives.tmsites.net\/index.php\/2012\/07\/27\/martindale-why-is-it-a-bad-strategy\/","title":{"rendered":"Martindale why is it a bad strategy?"},"content":{"rendered":"<p><!-- Original Post Content --><br \/>\nI know it is considered a bad strategy but it seems to me that it makes a lot of sense. If you lose you double up your bet and when you finally win you get back all your losses and your initial win. I know the house has a maximum on what you can bet but seriosly how many times have you ever lost enough decisions to hit a full Martindale loss? It is a strategy that makes sense to me.<\/p>\n<hr>\n<h3>Replies:<\/h3>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Skinny on July 27, 2012, 3:24 pm<\/p>\n<div>It is a fantastic strategy until it loses.<\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Guest on July 27, 2012, 3:32 pm<\/p>\n<div>The casino has a <strong>House Advantage<\/strong>, No betting system will change the casino edge.<\/p>\n<p>\t<u>Negative Progressions:<\/u> ie. Martingale system<br \/>\n\t&quot;With a negative progression system has you increase your bets after a loss. in hopes of getting back to even after a win.&quot;<\/p>\n<p>\t<strong>The Martingale system is a disaster waiting to happen.<\/strong><\/p>\n<p>\t<u>Positive Progressions<\/u>: ie. Paroli Betting System<br \/>\n\t&quot;The Positive Progressions betting strategy is to bet more when you are winning and less when you are losing.&quot;<\/p>\n<p>\t<strong>You never know when a streak occurs until it ends<\/strong>.<\/p>\n<p>\t&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<\/p>\n<p>\tYou might consider:<\/p>\n<p>\t[list]<strong>Captain&#8217;s Three Strong Points<\/strong><\/p>\n<p>\t[*]Use the Five Count[\/*]<br \/>\n\t[*]Make Sensible Bets[\/*]<br \/>\n\t[*]Develop a Controlled Throw[\/*][\/list]<\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Agame on July 27, 2012, 3:49 pm<\/p>\n<div>Try it in practice. <br \/>\n\tKeep records of your numbers for a certain amount of time, then do a betting simulation to determine if you would have won using that system in light of the numbers that were thrown. Might be a fun exercise. I am not even sure what the heck a Martindale is exactly, as I use the bread-and-butter play method. <\/p>\n<p>\tBut if you&#8217;re a controlled shooter and have different than random results, do go and see for yourself if it&#8217;s worth it.<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Guest on July 27, 2012, 4:45 pm<\/p>\n<div>\n<blockquote><p>Agame said: I am not even sure what the heck a Martindale is exactly<\/p><\/blockquote>\n<p>\n\t[list]Double your bet is a simple <strong>Martingale<\/strong>:<br \/>\n\t[*]You bet $5 and you lose.[\/*]<br \/>\n\t[*]You bet $10. If you lose:[\/*]<br \/>\n\t[*]You bet $20. If you lose:[\/*]<br \/>\n\t[*]You bet $40. If you lose:[\/*]<br \/>\n\t[*]You bet $80. If you lose:[\/*]<br \/>\n\t[*]You bets $160. If you lose:[\/*]<br \/>\n\t[*]You bet $320. If you lose:[\/*]<br \/>\n\t[*]You bet $640, which exceeds the maximum bet for many tables.[\/*][\/list]<br \/>\n\t<br \/>\n\tIf you win you get back all of your losses and you <strong><u>win only $5<\/u><\/strong> while you have exposed yourself to large losses!<\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Finisher on July 27, 2012, 5:02 pm<\/p>\n<div>IF this 5.00 bet is on the pass line then you need to know how many rollers it takes to make a point right?<br \/>\n\tGood Rolling. \ud83d\ude00<\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Agame on July 27, 2012, 8:25 pm<\/p>\n<div>CIII,<br \/>\n\tThanks for the correction and explanation of the system.<br \/>\n\tI&#8217;m sweating just thinking of risking over $600 all at once to merely recover any losses \ud83d\ude10 . That&#8217;s a tough system if luck or skill decide not to show up.<\/p>\n<p>\tI challenge you to the following, though:<br \/>\n\tIn practice, bet the field and use the Martingale. Set for craps and field numbers. Give yourself a $500 bankroll. Report back on what happened to it after 36 rolls of the dice. <\/p>\n<p>\tI can&#8217;t do it today myself but I&#8217;ll post tomorrow; I bet I can beat ya and make more funny money!! \ud83d\ude1b <\/p>\n<p>\tAnyone else wanna join the challenge?<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Guest on July 27, 2012, 8:32 pm<\/p>\n<div>Agame,<\/p>\n<p>\tI&#8217;ll take the challenge, but I&#8217;ll use the Hardway Set and miss toss it by <u>not<\/u> landing the dice flat(twist of the wrist).<\/p>\n<p>\tGood for Horn Numbers and Field Bet Numbers.<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Guest on July 27, 2012, 10:43 pm<\/p>\n<div>I play at a casino that has $5 tables and a <strong>Maximum of $50,000<\/strong>.<\/p>\n<p>\tIf you wish to play a Martingale there, let me know. I like to watch.<\/p>\n<p>\tI&#8217;ve seen the dice go around the table without anyone making a point(10 players).<\/p>\n<p>\t<img decoding=\"async\" src=\"http:\/\/i47.tinypic.com\/29xgm5c.jpg\" alt=\"\" \/><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Guest on July 27, 2012, 11:22 pm<\/p>\n<div>Don&#8217;t forget to bring your wallet, I&#8217;m a little short this month!<\/p>\n<p>\tYou can right click on the spreadsheet to <u>View<\/u> and enlarge it.<\/p>\n<p>\t<img decoding=\"async\" src=\"http:\/\/i49.tinypic.com\/xckxlx.jpg\" alt=\"\" \/><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Skinny on July 28, 2012, 12:05 am<\/p>\n<div>In a random game you are better off betting the pass line instead of the field because it has a lower house advantage and therefore a better chance of winning.  To take a realistic look at a martingale on a pass line wager we start with the 50.707% chance that the wager loses.<\/p>\n<p>\tWith a $1,300 bankroll you would need 8 PL losses in a row to go bust.  There is a 0.437067% chance of having 8 successive PL losses.  That would be a little less than 1\/2 of one percent.  But you need to have the guts to bet $640 on the eighth try to win $5 if it should come to that.  If you did happen to lose 8 in a row, you would have a loss of $1,275.  <\/p>\n<p>\tSo as I said before, it is a fantastic strategy until it loses \ud83d\ude42<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Finisher on July 28, 2012, 6:59 am<\/p>\n<div>Skinny You just reinforced why I should not bet the pass line on cf ers.<br \/>\n\tSo is there any math that says out of 100 rollers there will be  &#8211; number that will make one point on average ?<br \/>\n\tGood Rolling. \ud83d\ude00<\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Skinny on July 28, 2012, 2:38 pm<\/p>\n<div>\n<blockquote><p><strong>&quot;Finisher&quot; wrote:<\/strong> Skinny You just reinforced why I should not bet the pass line on cf ers.<br \/>\n\tSo is there any math that says out of 100 rollers there will be  &#8211; number that will make one point on average ?<br \/>\n\tGood Rolling. \ud83d\ude00<\/p><\/blockquote>\n<p>\n\tIf you are saying you are not going to bet on cf ers at all that is a good thing.  But if you are saying you are going to make a different wager on cf ers, then that is a bad idea.  Pass\/Come or Don&#8217;t Pass\/Don&#8217;t Come are the best wagers you can make on a random roller.  You will lose money betting on cf ers in the long run.  But you will lose less and lose it slower if you only bet the Pass\/Come or Don&#8217;t Pass\/Don&#8217;t Come instead of any other wager on them.<\/p>\n<p>\tI don&#8217;t know why you are asking about how many rollers make a point?  A line bet can be resolved without establishing a point number.  You win or lose your wager if the shooter rolls a 2\/3\/7\/11 or 12 just as easily as if the shooter makes or does not make a point number.<\/p>\n<p>\tSo here are the possible outcomes of the pass\/come bet and their associated probabilities:<\/p>\n<p>\t    Player wins on come out roll: 22.22%<br \/>\n\t    Player loses on come out roll: 11.11%<br \/>\n\t    Player wins on a point: 27.07%<br \/>\n\t    Player loses on a point: 39.60%<\/p>\n<p>\tThat can be translated to somewhat answer the question you asked.  Once a player establishes a point he will make the point 40.60% of the time.<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Guest on July 28, 2012, 6:15 pm<\/p>\n<div>The expected number of points made is only about 68.4%  for a random shooter..<\/p>\n<p>\tThat is only approximately <strong>2\/3<\/strong> of the time!!!<\/p>\n<p>\tRemember that is for the average random shooter, as for me well&#8230; ???<\/p><\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Finisher on July 29, 2012, 4:44 am<\/p>\n<div>\n<blockquote><p><strong>&quot;Skinny&quot; wrote:<\/strong> In a random game you are better off betting the pass line instead of the field because it has a lower house advantage and therefore a better chance of winning.  To take a realistic look at a martingale on a pass line wager we start with the 50.707% chance that the wager loses.<\/p>\n<p>\tWith a $1,300 bankroll you would need 8 PL losses in a row to go bust.  There is a 0.437067% chance of having 8 successive PL losses.  That would be a little less than 1\/2 of one percent.  But you need to have the guts to bet $640 on the eighth try to win $5 if it should come to that.  If you did happen to lose 8 in a row, you would have a loss of $1,275.  <\/p>\n<p>\tSo as I said before, it is a fantastic strategy until it loses \ud83d\ude42<\/p><\/blockquote>\n<p>\tSo is it 50.707 or 22.2 ?<br \/>\n\t I am a little confused .<br \/>\n\tI don&#8217;t like the martindale idea but was wondering about it if you did it on the pass line only. What would the likely hood of the roll going 8 or more rollers with out one making a point.<br \/>\n\tI one time bet the 8 and it took 4 rollers and 42 numbers till I hit it. If I was using this strategy I think I would have given up sooner.<br \/>\n\tHow often is a point made ? <br \/>\n\tGood Rolling. \ud83d\ude00<\/div>\n<\/div>\n<div class=\"migrated-reply\" style=\"border: 1px solid #eee;padding: 15px;margin-bottom: 15px;border-radius: 5px\">\n<p><strong>Posted by:<\/strong> Skinny on July 29, 2012, 6:15 am<\/p>\n<div>A player will win a pass line wager 49.293% of the time and lose 50.707% of the time.<\/p>\n<p>\tHe can win the pass line wager on the come out roll with a 7\/11 or by establishing and making his point.<\/p>\n<p>\tHe can lose the pass line wager on the come out roll with a 2\/3\/12 or be establishing and not making his point.<\/p>\n<p>\tYou can not just look at the number of players who make their point.  <u><strong>Players can win or lose the pass line wager on the come out roll as well<\/strong><\/u>.<\/p>\n<p>\tA player will win his pass line wager with a 7 or 11 approximately 22.22% of the time.<br \/>\n\tA player will win his pass line wager by making his point 27.07% of the time.<br \/>\n\tAdding up the ways a player can win his pass line wager gives 22.22% + 27.07% = 49.29% of the time that a player will win his pass line wager.<\/p>\n<p>\tA player will lose his pass line wager with a 2, 3 or 12 approximately 11.11% of the time.<br \/>\n\tA player will lose his pass line wager by NOT making his point 39.60% of the time.  <br \/>\n\tAdding up the ways a player can lose his pass line wager gives 11.11% + 39.60% = 50.71% of the time that a player will lose his pass line wager.<\/p>\n<p>\tIf you do the martingale on the pass line you have to consider rolling a 7 or 11 on the come out roll in addition to making the point.<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I know it is considered a bad strategy but it seems to me that it makes a lot of sense. If you lose you double up your bet and when you finally win you get back all your losses and&#8230;<\/p>\n","protected":false},"author":68,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1077","post","type-post","status-publish","format-standard","hentry","category-craps"],"_links":{"self":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/1077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/comments?post=1077"}],"version-history":[{"count":0,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/posts\/1077\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/media?parent=1077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/categories?post=1077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumarchives.tmsites.net\/index.php\/wp-json\/wp\/v2\/tags?post=1077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}