I think I may be on to something here. As some of you who are familiar with cards, dice, etc. may be aware, there is a betting strategy known by the casinos called the Martingale System. In the Martingale System, you double your bet every time you lose. If you win, you keep betting the minimum, $5. But imagine you lose a few times, 5, 10, 20, 40. Now you bet 80 and win. 5 + 10 + 20 + 40 = 75, so you bet 80 and win, you get back the 75 you just lost, plus another 5. Then you just start over again at 5.

Here's where the "old way" breaks down: Most tables have a max limit, typically 1,000. Eventually you're going to hit a losing streak. 80, 160, 320, and then 640 would be the end of the road. There are guys out there who use the Martingale System "the right way". Go onto the floor with a big sack, play for an hour or two, pay for dinner and drinks for the night. The guys who think they're going to make infinite money eventually hit that losing streak and goes bust. The house knows it. They've already seen it a million times before.

But here's "the new way": You're going to need a larger initial sack. How much I don't know, but a lot. The more the better. So go in and find a game with straight odds, like horses or sports or whatever. Then you take nothing but over 50% bets.

Imagine a coin flip, for example. You flip a coin 20 times, you might get a streak one way or the other. 14 heads, 6 tails. 3 heads, 17 tails. But you flip the coin a thousand times, those numbers smooth out. The gap between 3 and 17 is much bigger than the gap between 1,003 and 1,017.

So, if you go in and only take the over 50% bet every time, you're essentially betting on a coin flip that's slightly in your favor. As time goes on and you make more and more bets, you're eventually guaranteed to make money.

Thoughts?