Re: martingale betting system question

On 15 Jun 2005 14:28:14 GMT, richard@xxxxxxxxxxxxxxx (Richard Tobin)
wrote:

>In article <j0d0b15tq86g4jh4cqr9rduapi0iap3vql@xxxxxxx>,
>David C. Ullrich <ullrich@xxxxxxxxxxxxxxxx> wrote:
>
>>If there's no limit on the size of the bet and you have infinitely
>>much money then the martingale _is_ a winning system, in the
>>sense that (with probability 1) you will eventually win a bet,
>>and at that point you will have made a profit of one unit.
>
>And if it seems surprising that you can win, bear in mind that it's
>assumed that you always have the choice of when to stop betting.
>You can insist on making a bet but the casino can't.
>
>>(Let's ignore the fact that if you have infinitely much
>>money you haven't actually gained anything by winning one
>>more unit.)
>
>Well, you could just *borrow* an infinite amount of money.

Ooh, I can? Where? (Ya think they'd notice if I borrowed an
infinite amount of money and then only paid half of it back?)

>-- Richard


************************

David C. Ullrich
.

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