Start speaking a new language in 3 weeks with Babbel. Get up to 60% OFF your subscription here: go.babbel.com/t?bsc=drbenmiles-jan2024&btp=default&utm_term=generic_v1&utm_medium=paidsocial&utm_source=YouTube&utm_campaign=drbenmiles&utm_content=Influencer..Jan-2024..USA-TATAM..1200m60-youtube-drbenmiles-jan-2024 The Martingale Strategy aims to turn the house's advantage on it's head. I want to explore the math behind the strategy and discover if we can reliably win enough times to retire to the Bahamas... Merch! I think Scientists are Rockstars so I made t-shirts to celebrate it Einstein Rockstar Tee: www.drbenmiles.com/merch/p/rockstar-scientist-tee-einstein Curie Rockstar Tee: www.drbenmiles.com/merch/p/rockstar-scientist-tee-curie Schrodinger Rockstar Tee: www.drbenmiles.com/merch/p/rockstar-scientist-schrodinger #maths #casino #money #science Chapters: 00:00 Can We Use Math To Beat Roulette 1:08 The Martingale Strategy 2:58 Ad Read 4:05 Optimal Stopping Problems 6:02 Breaking Down The Math 7:55 Introducing Markov Chains 10:05 The Downside of The Martingale Strategy 11:20 The Martingale Strategy in the Real World If you enjoy the channel and want even more physics, tech, and business content, I've just launched new Instagram and Threads pages. Follow on the links below Insta: www.instagram.com/drbenmiles Threads: threads.net/drbenmiles Newsletter drbenmiles.substack.com/ A few people have asked so I've added the info below. Some of these are affiliate links. If you make a purchase it doesn't cost you anything extra, but a percentage of the sale will help support this channel and my work to bringing entrepreneurship into science. My camera : amzn.to/3ed5Xac My lens: amzn.to/3xIAZyA My lav: amzn.to/2SeE20Y and amzn.to/3nK33wA My mic: amzn.to/3gUYYEv

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