58+ln (1-x)*0. It is best for games that involve head or tail formats. It is a negative progression system that involves increasing your position size following a loss. With its origins in the 18th century, and some claiming a direct connection to London casino owner John Martindale, who used to goad gamblers into doubling up their bets, the Martingale System (with g and not a d) is a very easy-to-understand, easy-to-use negative progression betting system. The Martingale system is one of the oldest and most well-known betting systems in existence. Then I will explain the Polya’s Urn model and how it contributes to proving the Martingale Conver-gence Theorem. Since the initial system was developed, some variations have come of it, with one being the reverse strategy. Also, you should decrease the invested amount in case your transaction was successful. The Martingale system is a gambling technique that looks for chance. If you lose, you bet double the amount on the same color or set, if you win, you bet the same amount on also the. A Martingale works on the basic premise of always betting in such a way that, over the long run, a player either breaks even or makes a small profit. The theory behind a Martingale strategy is pretty simple. You keep on flat betting on the same thing until. It was invented by a popular mathematician in the 18th century. Martingale System Variations Mini Martingale System. More Tom videos on Numberphile: links & stuff in full d. The Martingale system is a betting strategy that involves increasing the size of a bet continually after losses. It was invented back in the old days, where the coin-flipping game was enjoying a huge popularity. They always double in size. Existuje však několik vylepšení, jak toto riziko prakticky eliminovat. The Labouchere Betting System - A negative progression betting method which is effective for intermediate and expert players. If successful again the next stake will be doubled to $4 and the. . The Blackjack Martingale System Needs a Large Bankroll British gamblers’ main gripe with this Martingale Blackjack strategy is the required budget for its eventual success. Figure 17. In this section, we will explore the practical implementation of the Martingale strategy in Baccarat, covering key aspects such as setting your initial betting unit, choosing the right Baccarat variant, a step-by-step guide on using the. This system is also known by several other names, including the Split Martingale, the Cancellation System and American Progression. Though the Martingale system of betting looks great on paper, there is a basic flaw in the idea, making it a very. The required math is very basic, and there are just a couple of simple steps to follow. The Martingale system is. +ξn. What is your take on a Martingale system EA? I'm currently using a martingale EA for 1 year now. The Reverse Martingale system, also known as the Paroli system, follows the idea of the martingale betting strategy, but reversed. De nition of Martingale 1 2. With that said, the Martingale system is widely used and praised by many. The Grand Martingale System. The Martingale System (also known as the Martingale Strategy) is a risk-seekingmethod of investing. The Martingale System for blackjack is premised on a player starting with a low entry bet which is then doubled every time a player encounters a loss. At the basic level, the idea of the Martingale betting strategy is to double the position size after each losing bet. The martingale system is as follows: You should start with a small amount, for instance, 1€, and keep making the same bet until you lose. (To be honest, things are not looking good for the Martingale right now because any association between a coin toss. The Paroli System Has One Clear Advantage Over the Martingale System. In a nutshell you bet $ where is the number of losses in a row. , we actually have probabilities of 50 % for a win and 50 % for a loss each time the coin is tossed, i. <5> Example. The Martingale betting system is based on a situation, where a player faces odds of 1 to 1 (or a bit worse) at every round in a game of chance. It's just more exciting to me and you win/lose bigger. The Martingale System has been around for almost 300 years and is very simple to learn. The Martingale Strategy is a betting technique that doubles your bet after each loss. So here you can chose, you want to hedge completely or only few trades. The Martingale betting system was designed as a way to recoup losses and progressively build a bankroll. n 0 is a martingale (MG) if fM ngis adapted EjM nj<+1for all n E[M n jF n 1] = M n 1 for all n 1 A superMG or subMG is similar except that the equality in the last property is replaced with or respectively. Martingale system. You must find a roulette table with very permissive minimum and maximum betting. We are sure these are enough reasons to try out the Martingale system next time you deposit your money. See the Martingale in action. 12 hedge trade will be placed). Remember, you are betting on two columns or dozens, so your theoretical bet profile goes. The Fibonacci system is used exclusively for even-money bets – Odd/Even, Black/Red, and 1-18/19-36, all of which have roughly 50% winning chance. ) According to a martingale system, a gambler (trader) should double their bet after every loss and return the bet to the initial amount with every winning bet. Assume we start with $100 and our initial bet is $1. Based on mathematical principles, this system can also be used for even money bets in. The Martingale betting system is absolutely right. This approach averages a much smaller profit pool and can generate more significant amounts of risk than rewards earned. Another reason for the popularity of the martingale strategy in forex is that, unlike stocks, there is a much lower chance of the currency value dropping all the way to zero. 1: An English-style breastplate with a running martingale attachement. The martingale system is designed to work in any market where the odds are even or in your favor. The Martingale system’s success relies on the assumption that losses are temporary, and winning eventually occurs. This system relies on the idea that the market will eventually move in. 1200 on Monday, the pair could go down and make your trade profitable. The chances of it coming up “heads” (or “tails”) 10 times in a row are 1 in 1024. Martingale [ mártyngejl] je strategie sázení v hazardních hrách. 12 in Max Lot for Engine 2, then only 5. See moreRules The following are the rules of the Martingale. Simple Examples (1)LetX beanyintegrablerandomvariable. There were no algorithms or equations to remember, they. e. The underlying algorithm requires you to repeat these steps for bankroll control and slow but. This system is generally played with an even money game such as the red/black bet in roulette or the pass/don’t pass bet in craps and is known as the Martingale. The investor earns the difference between profit and loss. Another system that's similar to Martingale but has a little more success in reality is the Labouchere System. A classic scenario for the strategy is to try and trade an. Take them with a pinch of salt. Although it might seem like a fool-proof tool for success, gambling enthusiasts should know that this is in name only. In this post, we go through exactly what the Martingale system is and how you can use it in your own trading. In short, it can't work because the casino sets betting limits. Because we can never know how long a winning streak will last, or even if we’ll have a winning streak at all, then the Paroli system is the more conservative of these two systems. Levy was a French mathematician. The Martingale System is a fairly common strategy that is used in sports betting. For instance, let us use a Martingale with a multiple of 2 with interval legs of 40. It’s one of the most popular systems for roulette, but with the right approach, it can be tailored to sports betting. You might have already used it without knowing it was named as such. Essentially, with the Martingale system, the casino player makes a bet and if that particular bet is lost, then the casino. The strategy works best when playing blackjack on quick bets and sessions before a player. Arguably, a player can recoup all their losses by placing large bets should luck turn to their side. Since you will (statistically) only win with your 11th spin, that means that you will risk $1023 and earn $1. The Martingale System is the attempt to out-fox a casino manager by breaking a long-held rule of sports bettors. The main point of this system is to double your investment. . When there’s a win, however, you remove one unit from your wager. Assume we start with $100 and our initial bet is $1. Labouchere system. Other than that, the pattern gamblers should follow is very basic. Mini Martingale System. Note that a balance using this strategy is still subject to exponential decay, the risk is not minimized. Naše vylepšení ruletního systému Martingale. At the start of a game, you decide on a deposit or bankroll. Conclusion. The Grand Martingale system is adopted across the world because it’s easy to implement. start with a certain base amount, say 10 $, bet this amount in the first round; if you lose in this round, double the amount. even numbers, red vs. The Martingale system is also game-independent. 37% chance of negating an entire week's profit. 2. The Martingale system in roulette works best with even money bets: Red/black. The history of Martingale strategy. Let { X n : n ≥ 0} be a square-integrable martingale, and { Z n = X n − X n−1 : n ≥ 1} the corresponding sequence of martingale differences. Losses are a real part of sports betting. The Martingale is a betting system in gambling. He started with $1 bets and picked lines between +100 and +125. Conclusions. In theory, the execution is straightforward. Learn more 5. Many casino players are often looking for strategies and tips as a surefire way to double their winnings. The second and, third concerns that the player. You bet $5 (the table minimum) on black, and win. The Martingale betting system can easily be applied to sports betting. Since baccarat player and banker bets pay close to even money (minus the banker’s cut for banker bets), they’re the perfect bets to. Doubling your losing bets adds up extremely quickly. For example, let’s say you’re playing blackjack with a $5 minimum bet. In this way, any extra money obtained by pyramiding a profitable position can be used to increase exposure and the potential profit. The Martingale system looks great on paper, and the math seems to make perfect sense. This is followed by doubling a trade every time there is a gain. The Martingale system was developed in eighteenth-century France as a method for making money at red/black, even/odd, or high/low wagers at roulette, which makes it one of the oldest systems as well as the most effective. However, it’s an incredibly risky strategy, requiring you to place progressively larger. Hệ thống Martingale do nhà toán. The Martingale System emphasizes the goal of reaping a long-term profit. Anti-martingale systems are based on a very simple logic: double the investment when the trade is good and halve it in the event of a losing position. The table limit is $200 per bet. I just cbf to play colors all night. It actually shares some characteristics with the Martingale, as they are both negative progressions that involve increasing stake sizes after a losing bet and decreasing them after a winning bet. However, it can lead to significant losses in the long run due to the potential for long losing. If you’re going to use this baccarat betting system, you have to be aware of a few potential disadvantages. Here's yet another exclusive from Easy Vegas: a computer simulation that plays the Martingale Betting System until it runs out of money, so you can (1) see how the Martingale works, and (2) see how long you might go before a bust. The Martingale system quickly became a go-to approach for recreational punters as it was a straightforward and seemingly rational strategy. . The Martingale system only works if you have infinite money and a book willing to take any size bet and pay true odds (I've posted similiar in another thread on reddit). Let {Xn: n ∈ N0} be a martingale written as a sum of increments, Xn:= X0 +ξ1 +. The intention is to make your money back on the next win. If you have £1 and your bet loses, you will need to stake the same amount again. There are lots of Martingale system success stories on the internet. Closing Thoughts. When using this roulette win system, you don’t double your bet after losing like you would in the Martingale, but you actually add one unit to the bet. The Martingale system is a popular betting strategy adapted for trading. It has been clearly shown that this system is capable of generating stable and relatively long-term gains, but they are redeemed at considerable risk. The underlying idea is that, statistically, a win will eventually occur, allowing the player to recoup losses and gain a net profit equal. 03125. There’s a good chance they’re either marketing ploys by online casinos, or they are stories written by lucky roulette players who won in spite of the Martingale. An automated forex trading system can close out these trades once the profit is realized or hold the currency pair in anticipation of greater profits. 7 bad trades in a row would clean out 99% of portfolios given average trade volumes. Facts to know about the Reverse Martingale. The Martingale Betting System. Systém Martingale je podle všeho docela riskantní záležitost, výhry jsou velké a lákavé, ale může se stát (a stává se), že přijde dlouhá řada barev a hráč nemá na to, aby zdvojnásobil sázku. You then pick your game and place your bets. The Martingale System - Great for guaranteeing a win if you have a large bankroll. With the above facts in mind, a quick refresher for those who need one. . The Martingale system is a popular betting strategy that tells you how much to wager on casino games such as blackjack, roulette, and baccarat. It does this by “doubling exposure” on losing trades. Pedagang X memutuskan untuk memperdagangkan jumlah tetap $50, berharap hasil 1 terjadi. Then subtract the house edge. If you lose, double your previous bet. This strategy is also used in casino games like the Martingale roulette system and blackjack. Make an initial bet $. The Martingale is a nice system to use if you’re seeking lots of small wins. The strategy works best when playing blackjack on quick bets and sessions before a player. The simplest possible example of Martingale sports betting is wagering on +100 odds, which are the sports betting equivalent of a 2-to-1 payout in casino games. The Martingale system quickly became a go-to approach for recreational punters as it was a straightforward and seemingly rational strategy. The effect however is the same - the ability of the player to use the martingale system to win is curtailed. To operate the Reverse Martingale betting system, you need to target the bets with odds or returns closest to evens, such as red or black on roulette or the game of. 👋🏻 Hey guys! In today's video, I explain how the Martingale strategy in roulette. If you’ve ever played roulette or read about strategies for the wheel, you’ve undoubtedly come across the Martingale system. The Martingale betting system is considered one of the best betting systems which can be utilized when playing casino games, as well as when wagering on various sports, including basketball. Odds in the Martingale System After 4 Rounds. 6 lot will open. The most important of them is the high probability of. Pionex Martingale Bot is developed and designed with the traditional martingale strategy core idea, which is a strategy of laddering-buy, selling all at once. All you need to do is double your bet following any loss. The Martingale system is a betting system that tries to assure the punter of a profit on two-selection bets (50/50 bets) by doubling the stake of a losing bet with their next bet until their bet is a winner. Initially, it was used in casinos to play roulette. The Martingale system is pretty simple. Lastly, we will implement the martingale system: If there is at least one long operation, then open a short position with var times the initial volume: And so we have one simply and risky simple. In any ~ 50-50 betting game and moreover in blackjack, Martingale blackjack betting is a progressive system where players change their bets based on wins and losses. It is a mathematical system that involves increasing the amount of one’s wager after each loss to eventually. He started betting about a month ago using this system. The thing is, however, that life does not occur in a vacuum. Hệ thống Martingale trong tiếng Anh là Martingale System. The Martingale Strategy is a popular betting system that can be used in some trading pursuits (though is mostly relegated to the realm of gambling). Of course, each table has its limits. The Martingale system is very simple. Here after each loss the player must double the bet and add one more unit to the doubled amount. In fact, many people may have used the system without even. You then double your wager and bet 2 USDT on red in the next round. The intention is to make your money back on the next win. This system is generally played with an even money game such as the red/black bet in roulette or the pass/don’t pass bet in craps and is known as the Martingale. That’s essentially it. Basically, it says that you ought to invest more money after you lost a trade. In a nutshell you bet $ where is the number of losses in a row. Therefore after the 4th spin, you are left with no money to bet with to try and recoup your losses and win money. For a coin toss, e. Reglerne for Martingale systemet er enkle. Victor Bethell is not the official founder of the Reverse Martingale system. The concept behind this system is simple: a player doubles the size of a bet on every loss, ultimately leaving you with a small profit. Another variation of a popular roulette strategy is the Inverse Martingale or Paroli. This is more of a money management method than a trading strategy, and you use it with many different systems or methods. The Martingale system is the most popular and talked-about system by blackjack pros and casual players alike. Martingale Path Regularity: If Mt is a martingale and a < b denote by ν (t) [a,b] the number of upcrossings" of the interval [a,b] by Ms prior to time t, the number of times it passes from below a to above b; then E h ν(t) [a,b] i ≤ E[M+ t] +|a| b −a and, in particular, martingale paths don’t oscillate infinitely often— thus they. Features Of The Martingale System. 1. Using it for inside bets is unwise and might end up badly for you. Taking/laying higher odds mean that you’re facing an even lower overall house advantage. If you lose, double your previous bet. Martingale System Roulette – Learn about the Martingale and other related roulette systems – and why they don’t actually work. Therefore players must anticipate future wins by. 65-1) = 1,610 dollars. The concept behind it is pretty simple – you increase your bet after every loss, so when you eventually win, you get your lost money back and start betting with the initial amount again. Fibonacci Sequence – For experienced roulette players. The Martingale Every week I receive two or three emails asking me about the betting system by which a player doubles his/her bet after a loss. You double your bet on losses until you win. However, I’ve noticed that there are a few subtle differences in a round’s outcome depending on the game I used the strategy on. Bluejay's Half-Bankroll Strategy - This strategy is an all-or-nothing approach which is fantastic those who enjoy taking a risk. 125. Martingale System Pros: The Martingale strategy is easy to explain, understand, and apply; Using this system, there is an opportunity to win your losses back; Suitable for small wins over a short time period; Martingale System Cons: Hitting a losing streak can quickly diminish and even rid you off your betting budget, resulting in a large loss See Modified Martingale. If by using the Martingale you always win a small amount, but in a losing streak you may lose enough money, then in the Anti-Martingale you will always. If you lose a round, you keep your stake the. The Martingale System is a popular trading strategy that many traders use when participating in binary options or forex. Knowing this, the Martingale System strategy involves doubling your wager amounts on the over of a single team’s game totals until they win. There’s no need to assess the underlying probability. Looking Past Critics of the Martingale. These include betting odd vs. 366. Its simple rules has encouraged gamblers to massively use the method. Recreational gamblers, in particular, like the Martingale betting system because it is easy to follow, without the need for complicated math between each spin of the roulette wheel or hand of blackjack. When the Martingale system first came about, the strategy was used by those who placed bets on the flip of a coin. Contents 1. The Martingale System Fits The Majority Of Wagers. For example, suppose you wager $10 and the results of the next three hands are loss, loss, and win (L-L-W). You can just toss a coin. It’s based on the probability that you will eventually win a hand. The system is probably the simplest option on the betting systems list. The Martingale System is one of the simplest gambling strategies in existence. At a $5 table using the Martingale system if you lose 8 hands in a row, you will be wagering $1280 on your next hand, so unless you are a legendary high-roller, you are probably better off taking the $5 loss. The D’Alembert system is one of the simpler betting systems. The Martingale system has a high winning probability in the short term, but the probability for a total loss rises strongly in the long term. In that system, the principle is quite the opposite. It’s a negative progression system, so it involves increasing stakes after losing bets. The Martingale system is a particular Roulette betting strategy that casino players can use to increase their edge. Andrucci system. I have improved on the Martingale System, If you are not sure what the Martingale System is. The Martingale system is a betting strategy that involves increasing the size of a bet continually after losses. This strategy, called the martingale betting system, was particularly popular in 18th-century Europe, and it still draws in bettors with its simplicity and promise of riches, but it is flawed. While the Martingale System can increase your chances of short-term wins, it also comes with the risk of significant losses on losing streaks. Conclusion. The Martingale system remains the same through various table games. Namun, Hasil 2 terjadi sebagai gantinya, dan perdagangan hilang. 42) = 0. The longer you use the strategy, the higher the odds that you’ll encounter a devastating losing streak that wipes out all your previous profits. Perhaps the oldest betting system and certainly one of the most popular, the Martingale System is a simple system by which a player will double his/her bet any time that the player incurs a loss until the player does one of the following things: Wins a hand; Hits the Table Maximum; Runs Out of MoneyBetting Strategies for Horse Racing Part 1: The Martingale System. Other games that offer even-money bets, like craps and baccarat, are also suitable for the Martingale. The Martingale strategy/system is a risk-seeking method of investing. for any martingale (X t) t≥0 relative to a filtration (F t) 0≤t<∞. This strategy was designed to allow the player to make small profits while focusing primarily on completely recovering losses of. For example, starting with $1000 and a starting bet of $5, you've got about an 80% chance of turning a profit after one hour at craps or roulette, with an average win of about $100. Unlike the Martingale System, this method offers a more balanced progression, reducing the risk of significant losses. Using the Grand Martingale strategy. The idea is that with every losing roulette spin, you double your wager. The longer you use the strategy, the higher the odds that you’ll encounter a devastating losing streak that wipes out all your previous profits. This is a common strategy in casino games, but it’s often applied to the four major sports, too. Best Ways to Use the Betting Strategy. The Classic Martingale strategy is as follows. Simple Example of a Martingale 2 3. It involves a system where you attempt to multiply your bet by a certain amount, if you lose the bet, you bet again to the same multiplier, except you increase your bet by a certain percentage to make a percentage of your losses from the previous bet back. The Martingale system has a chance to bring small winnings to you in the short term, but due to the steep progression of its nature, this strategy is precarious for a long time. 44 odd- if lost then third would be $4000- if lost then fourth would be $6000. This is one of the reasons for the popularity this game enjoys. Here’s a roulette system that won’t make your head hurt: the D’Alembert strategy. . The system can be used by just about anyone without any sports knowledge and is best used for simple forms of gambling, such as roulette and blackjack or other games where the casino/bookmaker has as small of an edge as possible. How the Martingale System works. The system is named after its inventor, John Henry Martingale, an 18th-century British casino owner. If that sounds better, read on. The Martingale system of staking is a betting strategy which requires you to double your bet on a losing wager. Learn more about using the Martingale System 👉 gamblers, we’re always looking for ways to beat the house and the Martingale System h. After testing it on a demo account for over a month, I observed that it yielded a decent profit using Martingale principles. The Martingale system originated in France and is one of the oldest betting systems in the world. For example, 32, 64, 128, 256, etc. 而於博弈论中，平賭經常用來. The Reverse Martingale Betting System For Slots. So, let me give you a breakdown of my observations based on my experience using it on the following table games:Explore the Martingale system's application in crypto trading, its potential for profitability, and the risks and limitations traders should consider before implementing this strategy. In fact, the Paroli system is the reverse of the Martingale strategy. 1, 1. The Martingale Every week I receive two or three emails asking me about the betting system by which a player doubles his/her bet after a loss. Martingale is probably the world’s most famous betting system. The martingale system is a popula r betting strategy in roulette: E ach time a gambler loses a bet, he doubles his next bet, so that th e eventual win leaves him with prof it equal to his original. 5 = . When it comes to roulette strategies, one of the most popular and commonly used ones — at least when it comes to short-term betting — is the Martingale system or Martingale strategy, however, you wish to call it. You could bet on anything. The Martingale System is a popular betting strategy used in roulette, where the player doubles their bet after each loss in the hope of eventually recouping all losses and making a profit. However, in CSGO gambling, especially with factors like team performance and unexpected events, variability is a constant. The Martingale system is one of the oldest and most widespread betting strategies used in casino games like online roulette, craps and baccarat. Martingale system is widely recommended as one of the best betting strategies. The main aim of the Paroli betting system is to double your stake for three winning spins in a row. Classic Martingale System – Double Your Bet Until You Win. Unlike the anti-Martingale, which seeks to reduce risk, the Martingale strategy is a risk-seeking method of investing that betrays an aversion to accepting losses. The Martingale betting system was designed as a way to recoup losses and progressively build a bankroll. The system creates a false feeling of eliminating the risk of betting more when losing, but, in reality, it has the same problem as. This system is simple to implement and can be effective for short-term gains. In this article, I show you how it works, what its pros and cons are, and give you an honest opinion about whether it’s a good gambling system. Whilst the Reverse Martingale is considered a safe way of playing, it has its flaws. Martingale system is better for trading in the trend than against it. What is the Martingale Strategy? The Martingale strategy in general refers to the following idea: When someone is betting on some game outcome with two possibilities with roughly equal probability, one uses the following betting system:. You start the game with an initial stake. e. If you lose again, you will wager four times the amount of your initial. 5X. 2) You bet $20, and lost. Martingale suggests that you double your bet after every loss. The Martingale System emphasizes the goal of reaping a long-term profit. A large betting bankroll, a firm understanding of statistical trends, and a boatload of. We’ll apply the martingale system to an NFL bet to cover the spread, with a starting wager of one unit ($110) on the Cleveland Browns. To make it simple for here, take a 50/50 coin tosses and play martingale for up to 2 turns. It's a high-risk strategy best suited for those looking to maximize profits in a single session but willing to take on substantial losses. Martingale systemet anvendes ofte på casinoernes spilleborde, samt indenfor sports betting. The martingale system only works assuming both an unlimited bank, and a table with no maximum bet. 6%, to be exact, because of the green zero sockets on the roulette wheel). You start with a small amount, preferably the table. Martingale gained a huge popularity and seemed like a solid. The classic martingale is one of the oldest and most used betting systems for the simplicity of its strategy. By doubling the bet after every loss the player will, theoretically, make a marginal return when they hit a win. The Reverse Martingale strategy for Roulette has a probability structure less favorable than the Martingale system. The intention is to make your money back on the next win. We w. By doing this, the punter will guarantee themselves a profit of the same amount of their unit stake when they land a winning bet. 2. 5 × . In other words, if you lose $10 on the first bet, you would place a second bet of $5; and if you lose that, you’ll need to. If the bet wins, you’ve achieved your aim –you have won the original bet amount. The Martingale system is a betting strategy that involves doubling your bet after each loss, aiming to recover all losses and make a profit when you win. 5 × . It is based on the. Double your bet after a. The basic idea is manipulating your losing streak and increasing your winning chances in the short term. Yes, there might be. Most people use the Martingale on the even chance bets where it’s known as the “double up method” because you simply double. The system involves doubling your bet after each loss, hoping to recoup your losses with a single win. Make an initial bet $. This ‘doubling down’ is the key to. Another way of explaining this is to say that these events are as close to a. The concept is quite simple, you place your bet on one of the very outside bets. Mark is too optimistic - you are certain to lose all your stake money - because it is less than 40 trillion euros - and casinos, betting shops etc impose limits on both stake and winnings - if you stake £1 on a 10 forse accumulator and they all win at 33/1 you will get maybe 10000 euros at best. The Martingale betting system is perhaps the most well-known wagering framework. In fact, it is considered to be among the safest and most stable strategies for roulette and other mentioned games. The concept is simple. Martingale system was developed as a system for blackjack aka gambling and is no more than throwing money at mistaken positions. Arguably, a player can recoup all their losses by placing large bets should luck turn to their side. Here’s an example to understand better. You keep doing this until you eventually win, at which point you go back to betting the original small amount. Specifically, it involves doubling up your trading size when you lose.