The document is a Martingale calculator that shows the results of a simulated Martingale betting strategy over 60 rounds of bets. It displays the initial bet amount, subsequent bet amounts which increase by 15% each time, the running total amount lost, and the decreasing probability of continuing losing streaks as more bets are placed. The strategy aims to recover losses by increasing bets after a loss, but becomes riskier with each lost round.
The document is a Martingale calculator that shows the results of a simulated Martingale betting strategy over 60 rounds of bets. It displays the initial bet amount, subsequent bet amounts which increase by 15% each time, the running total amount lost, and the decreasing probability of continuing losing streaks as more bets are placed. The strategy aims to recover losses by increasing bets after a loss, but becomes riskier with each lost round.
The document is a Martingale calculator that shows the results of a simulated Martingale betting strategy over 60 rounds of bets. It displays the initial bet amount, subsequent bet amounts which increase by 15% each time, the running total amount lost, and the decreasing probability of continuing losing streaks as more bets are placed. The strategy aims to recover losses by increasing bets after a loss, but becomes riskier with each lost round.