Positive Progression
Being a newbie, with a renewed interest in the game, I lost $60 or so in Vegas a couple of weeks ago while at a trade show. I decided to get educated. Got back to Missouri and tried out basic strategy with no real betting strategy, except conservative bets. Turned $50 into $150 in an hour. Got up and walked away. Two nights later, I'd bought in at $90, and was down to about $20. The other players finally tapped out and it was just me and the dealer. At that point, he took mercy on me and said, "let me help you with your betting, now that those other jerks are gone."
The minimum bet was $10. His tip went like this. Bet minimum. After 2 consecutive wins, add $5 to your bet. If you win that, add another $5. And so on. When you lose, drop down to the minimum and stay there until the next 2 consecutive wins, then, start adding $5 per win.
Pretty soon, I was up to $260. I did have a nice couple of runs, getting up to a $40 bid.
I eventually dropped down to $205, at which point, I grabbed my chips, and just visited with the dealer for a while, making sure to leave a tip. Then left, up $115 for the night.
Tonight, I bought in at $60, same table, and got up to $155, before dropping down to $125, at which point I left, up $65. However, my winning streaks were much lower, not getting above a $25 bet.
Don't know what this progression is called, but I'll try it out a few more times before buying in a little higher.
Anybody got any tips to add to this strategy, or comments?