The Martingale Betting Problem

The Martingale Betting system claims that by doubling your wager after each loss, no matter how many times they lose in a row, a gambler is guaranteed to eventually win big. It’s considered foolproof, and mathematically it is… until it isn’t.

With the aid of a faithful blackjack-dealing robot friend, Kevin puts this 18th-century France gambling strategy to the test. How does expected value play a role? What about exponential growth? Here’s the real question: Does it actually work!?

*** LINKS ***

The Difficulty Of Faking Data by Theodore P. Hill
http://www.kkuniyuk.com/Math119FakingData.pdf

Wizard Of Odds Streaks
https://wizardofodds.com/image/ask-the-wizard/streaks.pdf

***********************************

Get Vsauce's favorite science and math toys delivered to your door!
https://www.curiositybox.com/

Twitter: https://twitter.com/VsauceTwo
Facebook: https://www.facebook.com/VsauceTwo

Hosted, Produced, And Edited by Kevin Lieber
Instagram: http://instagram.com/kevlieber
Twitter: https://twitter.com/kevinlieber
Website: http://kevinlieber.com

Research And Writing by Matthew Tabor
https://twitter.com/matthewktabor

VFX By Eric Langlay
https://www.youtube.com/c/ericlanglay

Huge Thanks Paula Lieber
https://www.etsy.com/shop/Craftality

Select Music By Jake Chudnow: http://www.youtube.com/user/JakeChudnow

MY PODCAST -- THE CREATE UNKNOWN
https://www.youtube.com/thecreateunknown

BetaSeries' opinion

Rediscover the Hilarious World of '=3': A Must-Watch YouTube Sensation

In the vast universe of online entertainment, few shows have made as much impact as "=3". Hosted initially by the charismatic Ray William Johnson, this YouTube web series quickly became a staple for comedy lovers around the globe. With its unique format that combined viral video commentary with sharp wit, "=3" captured the hearts of millions. As it evolved through various hosts like Robby Motz and Kaja Martin, its legacy continued to influence internet culture in profound ways.

The show's inception can be traced back to a time when YouTube was burgeoning with creativity and innovation. Ray William Johnson's dynamic presence and clever humor created an unmatched viewing experience that resonated with audiences seeking laughter and entertainment. His ability to dissect viral videos with humorous insights made "=3" not just a show but a weekly ritual for many fans.

After Ray stepped down in March 2014, Robby Motz took over hosting duties, bringing his own flair while maintaining the essence of what made "=3" so beloved. Although some viewers were skeptical at first, Robby's charm eventually won them over, keeping the fan base engaged and entertained. However, transitions are never easy in long-running shows; when Kaja Martin became the host in July 2015, she faced challenges in retaining viewership amidst changing internet trends.

Read the full article

Next episode

S01E340 - My Podcast -- The Create Unknown (ANNOUNCEMENT)