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In probability theory, a martingale is a sequence of random variables (i.e., a stochastic process) for which, at a particular time, the conditional expectation of the next value in the sequence is equal to the present value, regardless of all prior values. Stopped Brownian motion is an example of a martingale. How does the martingale work? Martingale puts pressure on the reins and horse's mouth when the animal wants to raise its head too high. This mechanism forces the horse to put its head down. In comparison to other similar equipment, martingale has a mild effect on the horse. ------------------------------------------------------------------
Winning big sums of money at online casinos is indeed possible, but it's important to understand the odds and the nature of casino games. Here's how such wins occur and their frequency: High Variance Games: Big wins often come from playing high variance games like slots, where payouts are infrequent but can be large. Generally speaking, you'll find better odds at an online casino because they have smaller overheads. They don't have rent to pay, they have fewer staff members, etc. So, you'll find that many classic casino table games, including blackjack, tend to have a lower house edge in an online casino. |
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