In theory it's very hard to get 20 bets in a row wrong with 50/50 odds, but I guess it's possible. Personally the strategy has never really worked for me, but I don't have big enough pockets to last more than 7 losses on the trot :)
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Starting at $1 the 20th bet is $524288 after having lost $524287 on the 19th bet.
Sorry but I am having trouble with the subject under discussion here.
Does the Warehouse have Roulette Wheels and the like on special?
Best Wishes
Paper Tiger
Yes ; could rename this thread for newbies "HOW NOT TO INVEST"
If anyone is actually interested in optimal bet sizeing google the Kelly criterion.
A thought - where would be the Warehouse sp be but for the Normans buying?
Based on last SSH, they have only 1.39% to go and they reach 20% - either corporate activity happens (merger with farmers?) or sp is going to be without support, especially now that WHS is getting kicked out of NZX50 this Friday.