V.8:3 (105-108): Reverse Martingales by James William Ferguson

V.8:3 (105-108): Reverse Martingales by James William Ferguson
Item# \V08\C03\REVER.PDF
Availability: In Stock

Product Description

Reverse Martingales by James William Ferguson

Perhaps the most celebrated legend in gambling lore tells of the French noble who, suspecting that he had detected an aberration in a roulette wheel on the Riviera, sent a team into the hall and had them record every coup. For several weeks he compiled the results until he learned the sequences to expect. Then, his suspicions confirmed, he rode the "runs" the consecutive reds or blacks, odds or evens, highs or lows in one grand foray after another until, finally, he broke the bank.

Only once have I encountered an unbalanced wheel. It was in a private club in London. I was a poor graduate student, but I still went to the gambling clubs quite often, enjoying the excitement and the few extra dollars I picked up from time to time. It was late one night, and I noticed two men, one tall, slim, blond, perhaps a Pole, the other dark, swarthy, stout, possibly an Egyptian, betting heavily at one table. A small group dotted with men from the house gathered behind them. Ah, some excitement, I thought.

I strolled over and watched their play. The two men were betting numbers and won several times. The Pole, often betting "odd" along with his number, seemed particularly lucky. As I stood absently recording the coups, I suddenly noticed a strange pattern: The wheel seemed to throw two or three "odds" for every "even." I watched for a while in disbelief, but the pattern continued. Then I began to bet.

*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.

Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order