by the way this strategy is only effective if you have 20m money and above already also strategies always have loopholes for nothing is perfect we don't have any ability to predict any outcome
that is why for those who would like to know are welcome to try for those who won't are also welcome not to try
for real tho, I get mad at every person who underestimates streaks.
Wait, why am I explaining? I mean, this video already explains martingaling. And in general, betting techniques DO NOT WORK because Gambler's Fallacy has no(well actually because of PRNG, this has little effect, but it's like 0.0000000000000000001% more likely to win after loss, and same for loss after win.) effect, and thus each bet is an individual bet that loses money overtime(casino games always do this anyway), and losses after losses after losses gives an average of, you guessed it, losses.
WLWLWLWLWLWLWL... is basically impossible, streak of anything being at most 1, so clearly it is always there.
What I mean is, take 200 coin flips, and write the results, say HTHT
Or, you know, just write down H and T.
Most people tend to write streaks of super short length.
But in reality, a streak of 6 or more happens a whopping 24/25 times, so yeah.
If that's 6 wins in a row, good for you, you just won 6 betting units.
If not, *sigh* rip 127 units of betting money.
But there are most likely more 6-in-a-rows than just 1, so your money is going down the drain fast.
For reference, a bet size the price of a humble bottle of beer in Torn, you'd lose AN ENITRE XANAX.
Yet 6 in a rows aren't the only issue, 7-in-a-row, or 8-in-a-row, even 9-in-a-row would happen quite frequently too.
Let's talk 9-in-a-row. The bet size of beer is small, nobody ever does those kinda bets.
Let's do something more people can relate with, something like say the value of a Red Cow. You'd win one a bunch of times, but in just 3 days of full blackjack, you'd lose an entire PI,fully upgraded(with Yacht), A THIRD OF THE TIME.
Nobody is gonna take that risk, right? The only option, is for them to bet smaller, but slots still have their +EV due to jackpot. So middle ground, say LSD? Well, that's still an issue. Only reason? In just a fortnight(2 weeks), you'd have a 40% chance of losing 2 Donator Packs of value. And yeah, still to risky.
TL;DR Don't martingale, don't blackjack, stick to slots, which is +EV due to jackpots.