For those who are convinced that all EAs with a martin are losing out. - page 25

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TheXpert:
Yeah, it's brutal in places. And sometimes it's 50 or more pips.
Automatic or semi-automatic?
 
Moneygomet
 

I just wondered, has anyone tried to get a formal solution to the problem of controlling bet size for a guaranteed break-even game with infinite capital, if the probabilities of winning, losing and their absence are known (sum of probabilities of three outcomes is equal to one); and also the sizes of winning and losing (two different values).

 
Got it, no one. All those who wish to do so are simply screwing a completely alien tool to their ideas :(
 
tara:

I just wondered, has anyone tried to get a formal solution to the problem of controlling bet size for guaranteed break-even game with infinite capital, if the probabilities of winning, losing and not winning are known (sum of probabilities of three outcomes equals unity); and also the sizes of winning and losing (two different values).

You say in normal language.

There can be no guaranteed break-even game in the presence of probability at all.

 
Really? What about the martingale?
 
tara:
Really? What about martingale?
There is always a non-zero probability of a failed series of any finite length.
 
TheXpert:

You say it in normal language.

There can be no guaranteed break-even game if there is a probability at all.


A lot of things can't happen and yet they do.
 
TheXpert:
There is always a non-zero probability of a failed series of any finite length.


Capital is infinite :)
 
Draw a formula, you two-timers.
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