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The progressive system I have suggested in the past is similar to your brother-in-law’s in that, like him, I set a predetermined percentage increase to follow any winning bet, and I retreat to the table minimum after a loss.Gambling Wisdom of the Week: If I could play this game like you, I’d rent the chair I’m sitting in for a year… I’m not lying.Doing some simple Sister Cyrilla fifth grade arithmetic, here are the totals after six hands....
Dear Mark: My brother-in-law swears that after every second win, you double your bet. He says you are keeping the first win after raising the bet and then using house money for the raise.Just so long, Bill, as you don’t employ the Martingale system of betting....
Gambling Wisdom of the Week: If I could play this game like you, I’d rent the chair I’m sitting in for a year… I’m not lying.Like your brother-in-law, I take a conservative approach and lock up that first win, and wait for a second win before bumping up my bets to engage my variation of a progressive system. A string of six defeats and you are up against the table limit, possibly tapped out and still chasing ten buckaroos....
So, his method is , , , , , . Losing six hands in a row costs you .Gambling Wisdom of the Week: If I could play this game like you, I’d rent the chair I’m sitting in for a year… I’m not lying....
Six wagers and you have just invested 0 to get your measly back. The problem with this money management technique is: 1) you do not have an inexhaustible bankroll to take on multiple losses, and 2) the casino owns the bank and sets the rules—like table limits. Ask any dealer and he or she will tell you that it happens far more often that you can ever imagine....
