Man tries the Martingale strategy to double his money at Casino

Alice Alicia

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02-06-2023, 03:01 PM

[Image: Screenshot-2023-06-02-14-45-55-78-40deb4...480b12.jpg]

If you play daily the s&p500 using a bull put spread with 50:50 returns, you will soon be very rich as the winning days are already in your favour by about 53:47.

If you martingale it by rolling your puts forward whenever you have a lose day. You practically can't lose in the long run.

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Man tries the Martingale strategy to double his money at Casino - by sgbuffett - 02-06-2023, 02:18 PM

RE: Man tries the Martingale strategy to double his money at Casino - by p1acebo - 02-06-2023, 02:32 PM

RE: Man tries the Martingale strategy to double his money at Casino - by [[ForeverAlone]] - 02-06-2023, 02:34 PM

RE: Man tries the Martingale strategy to double his money at Casino - by Alice Alicia - 02-06-2023, 03:01 PM

RE: Man tries the Martingale strategy to double his money at Casino - by pinkpanther - 02-06-2023, 03:07 PM

RE: Man tries the Martingale strategy to double his money at Casino - by RichDad - 02-06-2023, 03:29 PM

RE: Man tries the Martingale strategy to double his money at Casino - by cityhantam - 03-06-2023, 11:38 AM

RE: Man tries the Martingale strategy to double his money at Casino - by RichDad - 02-06-2023, 03:10 PM

RE: Man tries the Martingale strategy to double his money at Casino - by K88 shu shu - 02-06-2023, 03:53 PM