martingale system

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf betting system
gptkbp:appliesTo even-money bets
gptkbp:category gptkb:probability_theory
gambling mathematics
gptkbp:criticizedFor unsustainability
gptkbp:firstDescribed 18th century
gptkbp:goal recover losses and gain a profit equal to the original stake
https://www.w3.org/2000/01/rdf-schema#label martingale system
gptkbp:originatedIn gptkb:France
gptkbp:principle double the bet after each loss
gptkbp:relatedTo D'Alembert system
anti-martingale system
gptkbp:riskFactor large losses
bankroll exhaustion
table limits
gptkbp:strategy progressive betting
gptkbp:usedIn gambling
blackjack
roulette
craps
gptkbp:bfsParent gptkb:Roulette
gptkbp:bfsLayer 7