Quote Originally Posted by PositiveVariance View Post
Very Interesting. 3 seasons worth of data is impressive, but I wonder if anyone has back tested a significant period of historical data (20 years or so)?

Also, I see flat betting came out profitable over the test period. If this is the case, It would appear to reduce variance by simply flat betting a higher base bet vs. Martingaling. The only way Martingaling would prove to be beneficial, is if it could be shown that "streaks" happen at a lower frequency with this strategy vs. selecting games at random, otherwise since these are independent events, martingaling would not have a greater expected value than flat betting alone.

I see the first post on this strategy was about 10 years ago. There must be some research as to why this may be potentially be +EV.

Also, when Martingaling 8 "levels", it can often times take awhile for the outcomes to resort back to the mean.

+Ev or not, very interesting!

Interesting indeed, some smart cookies involved in the discussion, bunch of morons tooo