MarkCoveny
New Member

If your interested in the full article you can see it at MarkCoveny.com. I think you guys will be able to figure it out with just the image though.
Let me know whatcha think.
Mark
Over the course of 4 hours worth of play the system will produce much more than $360.Thunder said:Just losing 8 in a row which will happen about once every 4 hours of playing or so, will cost you $360.
Bad losing streaks are tough for any system to handle including card counting. With basic strategy the house edge isn't 12%. (win 44%) It's my understanding it's under 3% if basic strategy is used. (Although I don't know the exact number) You guys prolly have the actual numbers better than I do. I'm familiar with the hold which is normally between the numbers you stated at 12% and 16%. But this includes all the players rather than just those playing well.Thunder said:I know farily often I go many shoes without having a winning shoe so using your system, you'd get killed because your system assumes that you'll win about 44% or so of your hands which in reality isn't going to happen.
My system relies on winning and the game not having a large house edge. My system fuctions best in a back and forth shoe without any large runs in either direction.Thunder said:Your system relies on you essentially getting blackjacks and winning splits and double downs when you're in the hole.
I've been playing this system for about 4 years, and overall I'm up about $400. (I don't enjoy playing that much though) Of course I leave when I reach triple, or loose my bankroll. So I only have to maintain 1 win for 2 losses to come out even. I've done better than even with this system though.Thunder said:Come back in 6 months and tell us how you've done.
You missed the $40 bet on the top line.QFIT said:The interesting thing about this strategy is that it has the same EV as my RB Strategy. :
MarkCoveny said:Over the course of 4 hours worth of play the system will produce much more than $360.
MarkCoveny said:I've been playing this system for about 4 years, and overall I'm up about $400.
For the record I don't always win with the system.Canceler said:
Mark, When debunkers try to explain why betting progressions, be they positive or negative won't work, they always mention that in blackjack you will win only 43% or 44% of your bets, which is true -- but it's not the reason why progressions don't work! Some will also mention the house limit and that's not the reason either. The reason progressions don't work is that they don't change the math, they only rearrange it! Pointing to the 43% or 44% and mentioning the house limit only clouds the issue.MarkCoveny said:![]()
If your interested in the full article you can see it at MarkCoveny.com. I think you guys will be able to figure it out with just the image though.
Let me know whatcha think.
Mark
That's the basis of the entire system.MarkCoveny said:You missed the $40 bet on the top line.![]()
I suggest you leave this fact out of your marketing materials :laugh:MarkCoveny said:I've been playing this system for about 4 years, and overall I'm up about $400.
I laughed when I read this. Thanks!Sharky said:I suggest you leave this fact out of your marketing materials :laugh:
$400 / 4 yrs ~200 weeks = $2/week. Count me in!!!:whip:
MarkCoveny said:WWWWW = +50
WWWWL = +30
WWWLW = +40
WWLWW = +40
WLWWW = +40
LWWWW = +40
WWWLL = 0
WWLWL = +20
WWLLW = +30
WLWWL = +20
WLWLW = +30
WLLWW = +30
LWWWL = +20
LWWLW = +30
LWLWW = +30
LLWWW = +30
LLLWW = +10
LLWLW = +10
LLWWL = +10
LWLLW = +10
LWLWL = +10
LWWLL = -10
WLLLW = -10
WLLWL = -10
WLWLL = -10
WWLLL = -40
LLLLW = -50
LLLWL = -50
LLWLL = -50
LWLLL = -50
WLLLL = -90
LLLLL = -150
I get 530 - 520 = +10 (but check my math for me please, as that was a lot.)
If you use 44% then you need to take into account blackjacks, splits, and double downs. In all those cases I have edge on the house and my wins are much greater than the losses I took to get there. That's the reason the wizard states the house edge at only .28% instead of 16%. Even if I use 6% house edge I still make it out ahead. (47 wins cancel out 47 loses with 47 units as profit, and 6 loses over the top costing me 21 units for a total profit of 26 units) *assuming perfect probabilities of course.
MarkCoveny said:Realisticly in the 16 years I've been dealing I've never seen anyone lose more than 12 hands in a row,
How would you know? Most gamblers would leave the table after several consecutive lost hands. That doesn't mean their streak has ended.MarkCoveny said:Realisticly in the 16 years I've been dealing I've never seen anyone lose more than 12 hands in a row