Betting System

Alright...

I don't know if when you say "progression" it means the same as I what I'm thinking.

I'll just go ahead and spill the beans and let you know what I was thinking when I originally posed the question.

Then, maybe you can comment on what you think.

Okay...

This is the deal. Using basic strategy, 4-8 Decks, S17, DA2, DAS, OBO, No surrender generally yields the following results: 44% win, 8% push, 48% lose.

The betting that I'm in the process of developing works like this:

1. Start your first bet at the table minimum.

2. If you loose, double your bet.

3. If you win, cut your bet in half.

4. If you push, keep the same bet.

Of course, if you sit down at a table and win the first hand, the your second hand is also going to be at the table minimum. A slight variation would be to start a little higher than the table minimum (say $20 at a $5 table) which would allow you to win two times in a row, place a $5 bet for your third hand, lose, and then up your bet to $10 on the fourth bet, etc.

This is how the bet numbers look at a $5 table:

5 10 20 40 80 160 320 640 1280 2560

Believe it or not, I've never been to Vegas (I'm somewhat of a newbie), but I've been told that there are $5-2500 tables there. So, you'd have to place a $2500 bet vs. a $2560 bet.

Theoretically, if you play 100 hands, starting with a $5 bet on your first hand, and always loose any hands that you have a $5 bet on the table with, then:

Your 101th hand would result in a $80 bet.

This is my thought process:

The further you get away from the averages (44-8-48) the more likely you are to revert back to them. So...it makes sense to me that you should be placing higher bets the further away you get (on the low side) to the winning percentage.

For instance...

You start with a $5 bet.

You loose your first four hands.

At that point your winning percentage is 0, and odds say that you must EVENTUALLY get back to 44%.

So...you place an $80 bet and win.

That's get you get just ahead of your starting point and your winning percent becomes 20. Then you start lowering your bets as your winning percentage gets closer to 44%. So...in effect, whenever your winning percentage is over the average, your placing the lowest bet possible, and when your winning percentage lags your placing higher bets.

I've been utilizing this stategy online and for the most part it works. Currently I'm playing at Grand Casino Online. They have a $1-500 table ($512 is the tenth bet at a $1 table).

There are times when I start my bet at $1 and don't win until my bet becomes $32 dollars. More often then not though, loosing streaks only get to $8-16, and then I'm able to work my way back down, sometimes to multiple wins at $1.

Yes...it is risky, but with enough capital I think it can work. But...it will only work for so long. And that's the key. I'm thinking that I'll have to start back at the table minimum after ever shoe.

Now, sometimes you loose all your money, but more often than not you don't, and sometimes you more than double your money (say if you start with a $1000 pot at a $5 table).

So...if I loose $1000 on one shoe and then make $1000 on the next two shoes, I wind up with $1000 more than where I started with a $3000 bankroll.

What do you think?