WG Fargorn Posted May 10, 2018 Share Posted May 10, 2018 Whether or not the streamers, and general public know it. The Martingale system is widely utilized whist gambling at the sand casino. Preface; The strategy ultimately fails in the OSRS context as there are limits on earnings AND bets. It is only with unbound wealth, bets, and time that it could be argued that Martingale becomes a winning strategy. The impossibility of winning over the long run, given a limit of the size of bets or a limit in the size of one's bankroll or line of credit, is proven by the optional stopping theorem. The Strategy; The theory is very simple. Every time you loose a bet, you double up. Just like with flipping coins (exactly 50 percent probability) the chance of flipping 100 consecutive heads, means that you will eventually win, and thus make your principle back. The gambler usually wins a small net reward, thus appearing to have a sound strategy. However, the gambler's expected value does indeed remain zero (or less than zero) because the small probability that he will suffer a catastrophic loss exactly balances with his expected gain. Application; Individuals such as Spark Mac, with billions in net worth, can reliably use such a system for reliable (low relative to their total net) gains per hour. They will eventually exact the catastrophic losses. Fantastic video that explains Martigale perfectly! Mojo 1 Quote Link to comment Share on other sites More sharing options...
Retired Leader Mojo Posted May 10, 2018 Retired Leader Share Posted May 10, 2018 Good math. The problem with sand casino is that most people who use it are either botting or rage betting and not thinking logically. In reality, you have to start with a very small stake for this to work for most people. WG Fargorn 1 Quote Link to comment Share on other sites More sharing options...
Lait Choco Posted May 10, 2018 Share Posted May 10, 2018 betting, yikkes Quote Spoiler Q: Kimi, do you have any hobbies? KR: I collect walnuts. Link to comment Share on other sites More sharing options...
Ghost Sabre Posted May 11, 2018 Share Posted May 11, 2018 botting system ? reported WG Fargorn 1 Quote Leader and Head Warlord of the Wilderness Guardians WildGuard let's gooooo!!!! Ex-Leader of The Sabre Clan Link to comment Share on other sites More sharing options...
Mushroom Posted May 12, 2018 Share Posted May 12, 2018 selling money making guide PM for info WG Fargorn 1 Quote Link to comment Share on other sites More sharing options...
WG Fargorn Posted May 12, 2018 Author Share Posted May 12, 2018 Shroom you are alive!!!!!! Quote Link to comment Share on other sites More sharing options...
WG Logout Posted December 3, 2021 Share Posted December 3, 2021 Now this is a necropost I've not seen in a long time Quote WG's least consistent eventmaster. Link to comment Share on other sites More sharing options...
MYL Posted December 5, 2021 Share Posted December 5, 2021 Rip duely Quote Link to comment Share on other sites More sharing options...
Zemus Posted December 6, 2021 Share Posted December 6, 2021 yeah if you wanna make 5m/hr like some beta lmfao. real big d long chads go all in Quote Link to comment Share on other sites More sharing options...
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