this post was submitted on 09 Apr 2025
581 points (99.2% liked)

World News

45654 readers
2479 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 29 points 4 days ago (7 children)

It's sort of a crazy strategy in Blackjack too. Lose 7-8 times in a row and you're already betting 100x your starting bet.

[–] [email protected] 32 points 4 days ago* (last edited 4 days ago) (2 children)

If you've lost 8 times in a row, you're actually now betting 256x your original bet.

It's NOT a good strategy. Statistically it doesn't by any means whatsoever ensure you'll end up net positive.

It's called "Oscar's Grind" and there is a plethora of mathematics that show it is does not beat the house.

[–] [email protected] 27 points 4 days ago (1 children)

It is called the Martingale system.

Oscars grind works in a completely different fashion, and you do not raise your bet when you lose.

[–] [email protected] 8 points 4 days ago

Thank you for this. I knew how the strategy plays but not the name.

load more comments (4 replies)