can i make unlimited money with the Martingale scheme in sports betting?

Ok ppl use the scheme in roulette but it dosen't work because you hit the max bet of $500. sports betting has no limit. the longest losing streak is 23 in MLB and NBA. if you bet on a team that has lost 10x im a row already. all you need is the cash to back up 10 losses which is almost 200k. i would tripple my bets not double to increase profit margins. 1st bet starting at $5 10th bet at 99k. i know its only covering 20stright losses but if you lose 20times in a row you were meant to be broke lol.

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  • Bill F
    Lv 6
    1 decade ago
    Favorite Answer

    if you have an unlimited bankroll, then martingdale can work.

    Martingdale system works every single time except once: the time you go broke

    A great quote from the wikipedia page on the martingdale system

    "Since expectation is linear, the expected value of a series of bets is just the sum of the expected value of each bet. Since in such games of chance the bets are independent, the expectation of all bets are going to be the same, regardless of whether you had previous won or lost. In any gambling game, the expected value of any individual bet is going to be negative, so the sum of a bunch of negative numbers is also always going to be negative."

    And as impossible as it seems for a sports team to lose 20 games in a row .... each game is still an independent event

  • 3 years ago

    1

    Source(s): Sport Betting System http://givitry.info/WinningSportsPredictions
  • Anonymous
    4 years ago

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  • 4 years ago

    Sports betting systems are sets of events that when combined for a particular game for a particular sport represents a profitable betting scenario

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  • badmts
    Lv 4
    1 decade ago

    your system might work ,the only thing that worries me is will a casino sports book fade 99k or will you have to go to "OTHER" sources that might not pay-this is not the stuff that shows up on judge judy you know!

  • Anonymous
    1 decade ago

    does it make sense to bet 200 grand to make five dollars? much smarter to short the dollar against the Canadian dollar

  • jerry
    Lv 7
    1 decade ago

    if you have an unlimited bankroll,

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