Casino Martingale
Betting on red at roulette, you place $10.
Every time you lose you double the size of the bet.
The problem is that there are losing streaks of 15 or 20.
In dollar terms, 10 losses equal to an outlay of $3,120 on the 10th bet, just to recover the initial $10.
This strategy would work if you had an infinite bank and there was no bet limit on each table.
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