Guys, head down to your local casino, Star City, Crown, Jupiters...

Guys, head down to your local casino, Star City, Crown, Jupiters or Darwin. Play roulette and put $100 on red. If you lose then put $200 on red. Lose again then put $400 on red. Say you might lose again, then put $800 on red. If it so happens that you lose again, then put $1600 on red. If per chance you looooooser again, then put $3200 on red. etc etc even if you keep losing. You double your bet each time. Eventually red will come up and you will win. Say red comes up at a bet of $3200. Then you have wagered
100+200+400+800+1600+3200=3100. You win back 3200 since you bet 3200 on red which means you are up 100.

If there was no limit on double ups then those with very deep pockets would always win 100. Do the maths. 100+200=300 which is 100 less than 400. 100+200+400=700 which is 100 less than 800. 100+200+400+800=1500 which is 100 less than 1600. etc etc ad infinitum!

Which reminds me, I'm going to sleep.... UK bernanke keeps rates on hold. is this good or bad? Time will only tell! I think a good sign no panic.