Martingale Blackjack Forum
Martingale Blackjack Forum Reviews
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- Martingale comes in other guises. One of them, some call a 'Super Martingale,' where you add one unit to your next bet after doubling it. It looks like this: 1-3-7-15-31 and so on. Some hucksters have marketed it as a roulette system and sold it for $40 in a very popular gambling magazine.
- These measures have rendered the Martingale systems ineffective in today’s casinos. In a Martingale system the bet increases exponentially after each loss. The problem is that casinos establish betting limits on each blackjack table. For example, on a $5 blackjack table the minimum bet is $5 (one unit).
The Martingale Betting System- A failure by itself. It requires the player to double his/her bet every time she looses, covering previous loses incurred on the losing streak and returning to the player an amount equal to their lowest common bet. It is not efficient because when you inevitable hit a major loosing streak, you risk running your bankroll dry or reaching the maximum bet and not being able to double anymore, all for one measly lowest bet in return.
I documented over 1,000 hands using this technique, taking into consideration every variable, playing with basic strategy, shuffling after each hand, and purposely leaving out the variable of card counting to ensure there was only one variable. I ran the losing streaks out until I had either won, or ran my bankroll dry. Then, I went back and calculated what would have happened had I decided to cut my loses, reset my bet to the original, and continued playing after loosing 8 hands in a row, 7 hands in a row, 6 hands in a row, and so on until I was theoretically flat betting every hand. Most losing streaks did not exceed beyond 8 hands, but if they did, I calculated for that too.
I found that, beyond a shadow of a doubt, reseting your bet to the original low was most effective when you reset after a three-hand losing streak. Whereas reseting after any other number of lost hands either lost money in the scenario, or gained very little for the amount of time it took, reseting at three consistently wielded a positive average of roughly $41 per 70 hands played, using a $1 lowest common bet. At the same time, my bankroll never went more than $23 below it's original value, and steadily increased after that. After testing over 1,000 hands, this is quite definitely the optimum time to reset your bet using the martingale system.
This is a major bonus to Card-Counters, because it fools computer technology commonly employed to catch counters, and it also masks your efforts to the dealer (the most direct link between you and the pit-boss). Most card counters will flat-bet a small amount when the count is low, and then slam their bets up high when the count is in their favor. This is easily noticed by dealers and by computers, which use RFID sensors to keep track of the bets on the table, and another technology to keep count in the game using almost every count system imaginable. If your bet or cardplay matches what the computer has analyzed as close enough to consider counting, you got a one-way ticket to the next casino. If you employ the optimum martingale system instead of flat-betting when the count is low, it will mask your efforts to the dealer especially, and to an extent with the computers. It allows the counter to not risk much money, while also making the swings in his bets not as noticeable. I find it most effective to use the Optimum Martingale, even as the count climbs, but instead of reseting my bet at three, I will continue to climb my bets up, win or loose, until the count begins to decline. By sticking to the style of doubling your bets when the count is high, even if you win or lose, you stray from the average card counter which the computers are looking for while also retaining the ability to place large bets when the count is high and decrease them as it recedes.
I did this all by hand, using ledger paper, taking into consideration these variables: L.C.D. bet, starting bankroll, ending bankroll, starting time, ending time, Bank Roll amount, Hand number, Players Cards, Dealers Up Card, Suggested strategy action, actual action, win/loss/push/bust/dealer busts. If you have a computer to simulate this, with special attention to when to reset your bets on a losing streak, and would like to add on, please do! Otherwise, try it out! Even if you can't count cards it is a fun system and is slightly more effective than it's predecessor. However, I wouldn't play it for money if you intend on using it by itself. After all, betting strategies are not useless, but they're not reccomended by themselves.
I would think that extreme bet variation would indeed bring instant attention even before anyone in the casino started to verify the count when it was taking place.
I think those RFID tags inside the chips with sensors at the table's betting circles do actually exist but I doubt it exists in anywhere near as many casinos as people seem to assume. Its a bit pricey to have such systems and I rather doubt it catches all that much in the way of bet capping or card counting.
If you go from one green chip to three black chips, you are going to be noticed. If surveillance plays back the tape and counts down the deck to the time at which you suddenly started betting big they will be able to confirm their worst, but still foolish, fears: there is a card counter in their midst.
I don't see how any other aspects to the play are going to disabuse them of this notion. If you revert to a lower level of play after three losses, you are still a card counter who has come to their attention.
As far as the 'reset' aspect, the three-loss rule doesn't use any information from the count; it's played using solely basic strategy while keeping track of the count, so you're still not playing your hands like a counter, just someone with a strategy chart. Only when the count is extremely high or low do you begin to change your gameplay according to the count, and double your bets even if you win. I didn't explain that very well :p
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I am a Statistical Analyst which is what got me into BlackJack in the first place, and I am very confident in my accuracy. I have taken this strategy to Biloxi on six occasions now and have banked $3,420 in those six trips.
I used maximum likelihood to figure this out. Without knowing the true value of the standard deviation, which is impossible to predict, standard error is impossible to calculate and will only be an estimate, nothing I would take into consideration at the table. Standard Error in a game like blackjack, to me, is a fallacy.
I am a Statistical Analyst which is what got me into BlackJack in the first place, and I am very confident in my accuracy. I have taken this strategy to Biloxi on six occasions now and have banked $3,420 in those six trips.
I've always wondered, when using the Martingale (which I haven't before), what does one do when he has lost several hands in a row, has much more money out on the table, and then is faced with a double-down or split situation. In other words, after you've lost several hands and have doubled and then redoubled your bet accordingly, what is the proper action when faced with a double-down or split hand? Do you double-down or split per basic strategy and risk additional monies (and gains), or should you simply hit or remain with one hand?
Remember: If you bet $10, lose, bet $20, then double and lose, you've lost $50 and your next bet has to be $60 to keep in pace. Some might prefer, once they get to that point, to just bet $50 and hope to merely cover loses before reseting.
I used maximum likelihood to figure this out. Without knowing the true value of the standard deviation, which is impossible to predict, standard error is impossible to calculate and will only be an estimate, nothing I would take into consideration at the table. Standard Error in a game like blackjack, to me, is a fallacy.
I am a Statistical Analyst which is what got me into BlackJack in the first place, and I am very confident in my accuracy. I have taken this strategy to Biloxi on six occasions now and have banked $3,420 in those six trips.
1. You used maximum likiihood to figure what out? What are you estimating?
2. Of course you would estimate the standard deviation, if you do not know it--this is basic statistical inference.
3. I do not wish to get too personal, but from you have written it is clear that you do not know basic, elementary statistics and yet you claim to be a 'statistical analyst'.
4. It appears that your conclusions are based on a sample of six and you have not used any statistical inference to reach your conclusions.
...............................................n..........
L(0 x1,...,xn)=f(x1,x2,...,xn 0)= II f(xi 0). (I apologize for my lack of accurate characters but you get the equation)
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If it appears there is no statistical inference, it's because the average blackjack player doesn't need to know all this and I don't really want to type it out. I don't feel the need to prove my understanding of statistics to anyone by confusing them into submission. This is a forum, not a classroom, and egos don't belong in mathematics. We're dorks.