Vierstein, here's the flaw:


With the double martingale, if the betting unit is $1, and your bankroll is $255, and your win chance is approx 47%, you'd have a 99.7% chance of winning an average of $1.68, but everytime you do lose, you lose your entire bankroll of $255.


If you, at those times, manage to hustle together the additional $511 needed to try one more round, you have a 47% percent chance of winning and walking away with a measly $9 dollar profit, once all your debts are paid of. You have a %53 chance of losing AGAIN, this time needing $1023 (really time to harass friends and family) and if you (and you still have a less than %50-percent chance, depending on the game, of course) manage to win, you'll only walk away with a $10 profit -- that's popcorn and a movie for putting your life on the line!


Everytime you double+one your maximum bankroll (your bankroll is never better than the highest martingale number it contains: $500 still has as much chance of losing as $255; you'd need to have $511 to make a difference) you still only increase your average winnings by a couple of cents, while actually also increasing your average losses (because even though you'd lose half as often, you'd lose more than twice as much each time!).


So your total wins are always, no matter how you adjust the numbers, less than your total losses. It might take a while to actually run into a loss, but as you start to play hundreds of times, they WILL happen, and you will lose EVERYTHING those times.


I thought this blog entry was intended as a parody on Steve Pavlina's "How I became a card counter"-article, much like many other entries on this blog are hilarious Pavlina parodies (If Steve posts about making money of his blog, you can be sure that Ty will post about that, too). The referral link to a casino last gives it a sour aftertaste, though, as Ty will make a profit from everyone who gets their hopes up from the article.


Making money without working is appealing, and I'm all for not working, but it's a shame when it is done by scamming average, hard-working people. Ty's affiliate-laden marketing of The Skinny Snob feels similarly dishonest.


Good luck with your further endeavours!