The probability of going through a bad patch

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2 Responses

  1. Artur Adib says:

    Nice post Esteban.

    The other extreme of your suggestion would be the Martingale strategy: Double your bet after every loss. Of course, that strategy too is flawed: http://en.wikipedia.org/wiki/Martingale_(betting_system)

  2. admin says:

    Thanks Artur. I didn’t know about the martingale strategy! I found very interesting the discussion in the wikipedia about it. However, pockets or lines of credic are not so deep to afford such a strategy (at least not mine!)

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