A quick synopsis of my game, I can play perfect basic strategy and can count, just not well enough to take to a live casino.... I do feel I will be ready to go live soon... hopefully...
In any case, the purpose of this thread is to get your thoughts on a betting system I recently heard about. Now before you throw me into the lions den, I understand betting systems are the best way to lose an entire bankroll. I'm bringing it up here because it's kind of unique but was hoping someone who is a lot better at math than me could put some numbers to the strategy. To be quite honest, I thought about potentially using this system for the short term as a way to "gamble" into a bigger bankroll while work on perfecting my AP. Obviously, I realize it's aggressive. I would be starting with a bankroll I can afford to lose but with a little bit of luck, and positive variance, I could POTENTIALLY build the bankroll big enough to be able to use AP at tables who offer better games. My local casino, the better games (DD, 3:2 BJ, DAS, S17) all have a $25 minimum. At a 1-5 bet spread to start, that's a $12,500 bankroll which I just don't have at the moment..
So here it is...
Quick synopsis: You are basically giving yourself a 4 hand session to be +1 unit. 1 unit is 100x your bankroll. After a win, you increase your bet +1 unit until you've won 3 in a row in which you stay on a 3 unit bet until you lose. After a loss, you double your bet until you've reached 4 straight losses; which in reality happens pretty often. After 4 straight losses, you assess bank roll amount, x 100 and that is your new unit.
For this example, let's assume I am playing a 6 deck shoe, H17, DAS game- $25 min - $1000 max . Starting Bankroll $3k = $30 unit. Repeat last bet after every push.
- Starting Hand: $30 bet
- Win: $60 bet next hand
- Win: $90 bet next hand
- Win: $90 bet until you lose... keeping in mind 1 unit = bankroll * .100 so increase accordingly
- Win: $90 bet next hand
- Lose: $60 bet next hand
- Win: Back to $30/ 1 unit
- Lose: $120 bet
- Win: Back to $30/ 1 unit
- Lose: $240 bet
- Win: Back to $30 bet/ 1 unit
- Lose: Back to $30 bet/ 1 unit
- Push: Stay at $60 - this will get you back to starting hand amount
- Lose: $120 bet
- Win: Back to $30/ 1 unit
- Lose: $240 bet
- Win: Back to $30/ 1 unit
- Lose: Your bank roll would be at $2,550 which would reduce your unit to $25
- Lose: $120 bet
- Win: $60 bet next hand
I assume the risk of ruin for this strategy is pretty aggressive. I was hoping one of our expert/ mathematicians could figure that out pretty easily...
Again, I realize betting systems are a losers game in the long-run.. Essentially I was hoping this would be a more "conservative" (oxymoron?) approach to a bankroll building quick scheme....
I have thick skin so let me have it! :)
Thanks in advance for any insight/ talking me out of stupidity...

