doubling bet concept

bet 5.00, lose , bet 10.00 lose, bet 20.00 win. You are now up 5.00. Start over, bet 5.00, lose , bet 10.00, win. Just won another 5.00. Bet 5.00, lose, bet 10.00, lose, bet 20.00 lose, bet 40.00, lose, bet 80.00, win. Etc. Does this work, or is it illegal ? I guess it matters what the minumum / maximum of the table is. Not sure what the max is on 5.00 tables.

Doesn't work in the long-run. zg

I think you will find a lot of info here: http://www.blackjackinfo.com/bb/showthread.php?t=909. Hopefully, you will be persuaded not to try this with real money.

just for fun :

bet #1) 5.00- lose ( - 5.00 )
bet #2) 10.00 - lose ( - 15.00 )
bet #3) 20.00 - lose ( - 35.00 )
bet #4) 40.00 - lose ( - 75.00 )
bet #5) 80.00 - lose ( - 155.00 )
bet #6) 160.00 - lose ( - 315.00 )
bet #7) 320.00 - lose ( - 635.00 ) stop

playing with basic strategy, is it possible to lose 7 hands in a row ?

Also, as soon as you win one hand, you erased all your losings, and added 5.00 to your bankroll. It seems like slow winnings, but 5.00 at a time adds up, especially playing 1 vs 1 which I love.

what are the max bets on a 5.00 table ? Does it allow you to double your bet 7 times ?

Max bet on the $5 table at my local casino is $500.

It's most certainly possible to lose 7 hands in a row.

Is it possible to lose 7 in a row? Absolutely! Table max bets vary on even $5 tables. I've seen them as high as $2,000. I've also seen them as low as $25. All depends on where you play.

But your "method" is a tried and proven one. Proven negatively however! It does not give you a winning scenario if you play very long. One losing sequence that either exceeds your bankroll or the table max after doubling, will wipe out a lot of $5 wins. However, it you attempt it in a casino, you'll be slobbered all over by the pit bosses. They'll absolutely LOVE you!

It's called Martingale Negative Progression. Google it and see what others have to say about it. Or, do a search on this forum for Martingale or Negative Progression.

I've played with max bet at a $5 table of $195, $199 and $500.

As said earlier it's very possible to lose 7 hands in a row. My personal worst is 10, only because I leave the table after loosing $50 without winning.

5.00 minimum and 500.00 max is what we have around here i think, which only allows 6 doublings, which isnt enough. If you can find a little higher max, this system can work if your bankroll can allow you to do it. I dont think I can lose 7 - 8 hands in a row. Maybe once in a great while, but look and how many times you could win 200.00 - 500.00 in a matter of a couple hrs , especially playing only against the dealer.
Also, why would they hate you for this style ?

Who said anything about "them hating you for this style?" The casinos are going to absolutely LOVE you! And don't underestimate how often you are going to lose 7 in a row. It happens a lot more often that you might think.

But instead of rehashing this whole negative progression debate again, please look around and read what's already been posted on it. Believe me, there has been plenty.

Losing 10+ in a row is NOT UNCOMMON in the longhaul. They LOVE for you to play this way.

What it will do is give you a lot of winning sessions ultimately followed by a terrible losing session.

And I doubt that you even know the correct way to play the hands... which, in any event, still won't make your negative-progression idea a winner. zg

I just did i live demo on this, and with 5.00 bets I won 75.00 in 10 minutes. I think the many small wins would far outweigh the unusual 7 hand losing streak. But here's the key, you have to have a large bankroll so you can always double down and split the right hands to give yourself the propper edge. You cant throw those odds out the window because you are doing the doubling concept ( doubt I would double down on the 160.00 - 320.00 bets, but everything else for sure. )

You will lose all your money

Even if you were flipping a coin against a casino, it's only a matter of time before you lose all your money. It's called the Gambler's Ruin paradox, and although probably every person who has played a table game at a casino has thought about playing a progression like this, almost everyone who tries it will learn a painful lesson. Most people who are adamant about it being a good idea will ultimately try it even though knowledgeable people tell them not to, so go ahead, play your progression.

When you lose your money and are ready to accept an education, study Kelly's Theorem. The only way to beat a casino is to play with a mathematical advantage and to size your bets in proportion to that advantage. But what do I know, I'm just a monkey.

You have no idea what you are talking about. The house has a mathematical edge over the basic strategy player. No matter what progression system is used you will always lose in the long run. you dont seem to want to take any advice so go play. Keep us posted as to how it works out for you.
I will admit if you could bet up to say $10,000/hand and you started with 5$ units, had a 20k BR. You could go a long time before you went bust... probably... but maybe not. Eventually you will lose all your money. You will lose more than 10 hands in a row at some point.

I would stop after the 7th hand of losing which would minimize the loss. I dont think you would lose 7 hands in a row very often and the wins would outweight the occasional 7 hand losing streak.

Somehow I picture homer with his hands over his ears saying "la-la-la-la-la" to keep from hearing what y'all are telling him.

Tell ya what homer. Go off to the casino, try this for a month and come back and tell us how it went.

Practicing on the basic strategy trainer at this site is considered cheating.

I just lost 6 in a row and on my 7th hand I had to hit a 16 against the dealers face up card of a 7. I drew a duece which was totally lucky to win on the 7th hand . I guess losing 6 or 7 in a row isnt as hard as it seems, so you would need a really large bankroll and try to avoid 10 losses in a row instead of 7, but they have the tables geared against this type of play, which is why they have a maximum.

What they are all trying to tell you is that the progression will NOT overcome the house mathmatical advantage, thus you WILL win many more sessions than you lose but the fewer losing session will still wipe you out eventually.

This discussion community is a science-based community, so if we aren't telling you what you want to hear its because this is an old subject.

Now, again, don't you want to know how to correctly play the hands, Mr. Simpson? zg

I was up 175.00 before the 6 hand losing streak betting 5.00 per hand, and that was after only about 15 minutes or so. But I agree that losing 7 isnt too far fetched.

Neither is losing 10.