Quote:
Originally Posted by Mike Oxlong
If you are playing Roulette and keep betting on Black eventually it is going to hit. I understand that it doesn't neccesarily have to it but you know it will eventually.
So you bet $5 on black first spin. If you miss then you bet $10 on black next spin. Miss again and bet $15, miss again and bet $30, miss again and bet $60......it may take a while before black hits, but it will eventually and then you break even and recover your losses.
Not saying it is a good betting strategy by any means, and I do realize there is a chance black may never hit but with an unlimited sum of money you can keep going until it does, because in reality it will eventually.
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Just as you can have an unlimited supply of money, you can have an infinite string of losses. So no it won't necessarily hit with an unlimited supply of money.
All this strategy does, is give the casino a reverse lottery ticket. If you win, you win your initial bet. If you lose, you lose everything.