Question: Martingale Betting Strategy

I am just curious as to how much money my fellow mathematicians would consider to sufficient to pursue a Martingale betting strategy? I would suspect that 20 000 ( assuming an initial betsize of 1) would be sufficient. Then you can handle 13 sequential losses.  However, it is a bit risky because let say you get 14 sequential losses then you will lose all 20 000 , he he

 

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