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I increase the wager that follows any winning bet – except the first – by 50%: First bet wins, next bet also for wins, and now we’re off on the 50% gallop: , , , , etc. For starters, the typical gambler that flat bets per hand would net after six wins. 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....
You bet and lose, then to recoup that loss; followed by , , 0, and finally 0. In essence, you, the gambler, double your previous bet (after a loss) leaning on the statistical certainty that sooner-or-later you are bound to win.” That, along with writing something like “Fantastic service, Mary....
Dear Mark: I have heard, although not seen, that certain casinos offer different commissions on a 4 and 10 buy bet. I increase the wager that follows any winning bet – except the first – by 50%: First bet wins, next bet also for wins, and now we’re off on the 50% gallop: , , , , etc. Even with 20 years on the inside, I won’t tip, at least openhandedly, a put-off casino employee....
You brother-in-law’s wagering system is a progressive method of betting where the bet-size is systematically changed, up or down, across a series of hands according to his own predetermined (, , , , , ) formula. Every winning hand thereafter – taking into consideration that he bumps up his bets incrementally as he has every two hand by – the progressive formula that I use will outperform his. 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....
Jack Richardson, Memoir of a Gambler (1979) Your next bet needs to be 0, but your games may have a table limit of 0.Doing some simple Sister Cyrilla fifth grade arithmetic, here are the totals after six hands....
