It looks like the idea of this thread is that martingale MM is a smart move when you have an edge because it is supposed to boost the strategy. The problem is that the assumption is wrong. Martingale is only "useful" to invoke Lady Luck when you have no edgle. As soon as you have an advantage martingale becomes a limiting factor.
On the left, marty vs 1% with a flip a coin system. On the right, marty vs 1% with a very strong edge. XLS included so you can plug your own numbers.
On the left, marty vs 1% with a flip a coin system. On the right, marty vs 1% with a very strong edge. XLS included so you can plug your own numbers.
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marty_sucks.xlsx
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No greed. No fear. Just maths.
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