Something for any math peeps around
I know all Martingale systems don't work in the long run, but I'm curious to see if anyone's tried anything similiar to below;
Assume a couple things
1) You have several credit cards from several companies and ALL will raise your limit continiously on a predictable basis so long as you can continue to pay it off. Assume your limit doubles every single year.
2) You gamble once per year playing roulette (that has one 0) and wagering on a single number instead of red/black. You don't necessarily use a doubling strategy after each loss, but each wager is higher than the previous for consecutive losses.
.........
Assume in year #1 you have $10,000. Is it possible to devise a betting system such that after 10 years, your odds of becoming a millioniarre exceed 40%??
...........
Haven't worked the above out myself yet, but my guess is the answer is YES!
I know all Martingale systems don't work in the long run, but I'm curious to see if anyone's tried anything similiar to below;
Assume a couple things
1) You have several credit cards from several companies and ALL will raise your limit continiously on a predictable basis so long as you can continue to pay it off. Assume your limit doubles every single year.
2) You gamble once per year playing roulette (that has one 0) and wagering on a single number instead of red/black. You don't necessarily use a doubling strategy after each loss, but each wager is higher than the previous for consecutive losses.
.........
Assume in year #1 you have $10,000. Is it possible to devise a betting system such that after 10 years, your odds of becoming a millioniarre exceed 40%??
...........
Haven't worked the above out myself yet, but my guess is the answer is YES!