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Does Martingale betting have zero expected value even with unlimited funds? (note caveats)

Nov 12, 8:51 PMJan 1, 7:59 AM

16.34%chance

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Dec 10, 1:17 PMDec 10, 11:59 PM

63.63%chance

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Jul 13, 11:37 AMJan 2, 12:30 PM

40.95%chance

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Jan 20, 5:50 AMDec 31, 11:59 PM

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120

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