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Theorem 1: If a gambler risks a finite capital in excess of several performs inside a game with continuous solitary-trial chance of profitable, getting rid of, and tying, then any and all betting techniques guide in the end to precisely the same value of mathematical expectation of get for each device quantity wagered.[one]

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A betting technique (generally known as betting procedure) can be a structured method of gambling, within the attempt to develop a gain. to achieve success, the procedure ought to alter the dwelling edge right into a player advantage — which is impossible for pure game titles of probability with fixed odds, akin to your perpetual motion machine.[1] Betting devices are often predicated on statistical Assessment.

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