my hopefully successul system?

[Daggers]

Hey, i thought of a system a while ago for betting. Everytime you lose, you double your bet so that you make up for the loss each time. If your bet is $10 and you lose then you bet $20. If you lose again, bet $40 and so on. When you do win, the win cancells out all the losses before it. The problem you are thinking about right now is probably that if you lose too much in a row, then you will end up betting $20,000 or something.

I included a chart. The top numbers are what you bet on the # of times you lost. So, if you lost 6 times in a row already, and your initial bet is $10, on the 7th time you will bet $640. The bottom number is how much money you need to have in order to place that bet.

If you use counting with this strategy, then you will decrease the amount of times you might lose in a row so that you will not go bankrupt. And if you are betting $30 and you only have the amount needed if you lose 10 times and you lose the tenth time, you might not neccesarily be left with nothing, becuase you won't have the exact amount for losing 10 times, you will have somewhere between 10 and 11. So that means approximately $1k-$25k. That's not enough to bet again with the progression system with $30, but that enough to let you start over at betting $10-$20. When you make enough money with that, you start betting $30.

Also, as a final note, people might say that even if you do use this system, then you will be only getting a net profit of your initial bet amount out of 10 hands because you might lose the first 9 and win the 10th just to make $10. But with this, just count the number of hands you win and multiply that by your bet amount. That's how much money you would make. So if you are betting $20 and in one hour you win about 25 hands, that's $500 and hour.

I'm sorry if it's confusing but if you have any quesitons i'll try and explain better.

 

[QFIT]

Martingale was invented in the 18th Century. Failed then and fails now.

 

[Daggers]

Martingale was invented in the 18th Century. Failed then and fails now.

from what i read online, martingale is increasing your bet when you win, not when you lose. and using this with counting, it can be less risky.

 

[QFIT]

Reverse Martingale has the same expectation as Martingale which has the same expectation as flat betting. Progressions do not work. Do you have any idea how many times we have been through this?

 

[Daggers]

then give reason why this doesn't work. i've examined this carefully and i've come to the conclusion that it does

 

[QFIT]

http://www.blackjackinfo.com/bb/showthread.php?t=20191

 

[shadroch]

then give reason why this doesn't work. i've examined this carefully and i've come to the conclusion that it does

In the first place, I discovered this system back around 1998 in the hotel next to the Tropicana. Took the casino for almost $600 the first few hours.
Then it went south. Way south.
Here is the thing. Take a deck of cards and deal yourself out BJ hands. Do it for hours on end. Take notes. Record every hand. See hoe often you'll lose six hands in a row. Even seven, eight or nine hands in a row. They don't occur very often but when they do they wipe out whatever profits you've won.
Do this two hours a day for a month. If it works, the casinos will still be there. If it doesn't , the casinos will still be there and you'll have saved whatever bankroll you might have.

 

[Daggers]

i read through that and the post underneath it by zengriter is correct. Just make sure your bankroll is high enough for the amount you are betting. The general rule for counter's is make sure it's 1000 times your bet right? well for this system, if you are careful and bet $10 each time, and you account for losing 11 times in a row, you need $20k to insure you do not go bankrupt.

 

[Sonny]

Read the sticky threads. The answer has been clearly and painstakingly explained there.

-Sonny-

 

[shadroch]

Ever consider table limits?

10,20,40,80,160,320,640,1080, 2160,4320,8460, 16,920.
After 11 losses in a row, now what, and what table lets you bet from $10 to almost $17,000? most $10 tables have a $500 or $1,000 bet.

Do you honestly think there is a 1% chance that you, with whatever math background you possess, could come up with a system that has eluded the greatest math minds of several generations?

 

[Daggers]

mandalay bay is $10-$15,000
ceaser's palace is $15-$50,000
Bellagio is $5-$10,000 with 6 hands.

so in response, ceaser's palace would be the most ideal since it goes up to $50,000. Sorry if im wrong with the information about the casino's. I looked them up, i do not know from experience.

 

[QFIT]

mandalay bay is $10-$15,000
ceaser's palace is $15-$50,000
Bellagio is $5-$10,000 with 6 hands.

so in response, ceaser's palace would be the most ideal since it goes up to $50,000. Sorry if im wrong with the information about the casino's. I looked them up, i do not know from experience.

If the limit was $10000000000000000000000000000000 it would still fail.
Seriously, we have been over this a thousand times. Progressions were disproved over a century ago. Please read the other posts here.

 

[QFIT]

Most people know that two wrongs don't make a right. From this, we can logically infer that three wrongs don't make a right. A progressionist is a person that believes that if he could only be allowed no limitations on the number of wrongs, he would be right.

 

[Sonny]

Read the sticky threads. If you have any questions that are not covered in the stickies then you can start a new thread after you have read them.

Thread locked.

-Sonny-