I play basic strategy with the exception of splitting 5s and 6s ONLY against a dealer's 5 or 6 show card. I play only at 8 deck manually shuffled shoes with the dealer hitting soft 17s.
For my scenario, 1 unit = $5. After every loss, I revert back to the initial bet. If there is a push, the wager remains the same. After each shoe, I start back at the initial bet.
Initial bet: 5 units
After 1st win: Keep 2 units, increase 3 units to 8 total units
After 2nd win: Keep 4 units, increase 4 units to 12 total units
After 3rd win: Keep 8 units, increase 4 units to 16 total units
After 4th win: Keep 12 units, increase 4 units to 20 total units
After 5th win: Keep 15 units, increase 5 units to 25 total units
What is the optimum positive progression that should be used?
In case there was any doubt, I am being completely serious.
As are both I and John Patrick .
Even without the answers to those questions this is a recipe for disaster.
Why?Quote: TaxmanCPAAfter each shoe, I start back at the initial bet.
Unless you're card counting, there's no reason for this. And doing this may get you flagged as a counter. Note that the opposite is also true. If you maintain your progression even thru the shuffle, then any concerns that you are counting will likely be erased.
As far as the progression program goes, it seems like before every planned casino trip, I bust out Excel and try to work the numbers and progressions differently, trying to answer this very question.
Then, when I get to the casino, I generally do whatever feels right at the time. Sticking to a rigid program sounds too much like work. I'm there to have fun.
Personally, I start at 2 or 3 units, then press 1 unit until I get to 6 units, then press 2 units.
There are exceptions, of course.
When playing craps, I place the 6 and 8, and press them up to $42, where I'll stay for at least two hits. $42 pays $49. There's something fun and sexy about dropping a single white and picking up two greens.... Of course, if I can, I'll continue on until I get to $84. Dropping two whites and picking up a black is even more sexy.
Quote: TaxmanCPAWhat is the optimum positive progression that should be used?
Optimum for what goal?
So it depends on what you mean by "optimal." All progressive systems will give you larger and fewer wins. You'll actually increase the edge ever-so-slightly in blackjack with any progressive system, since player wins tend to coincide with cards that benefit the player leaving the shoe. If you want to change the edge, all of "the experts" will tell you the same thing: don't bother (or learn to count). So - assuming what you want is to win big relatively infrequently, it's a matter of where you're willing to make the trade-off. Depending on what your goals are, you might be better off playing craps.
(Also, that deviation lowers your edge with no real upside. I suppose some cowardice in splitting sixes is forgivable, but stop splitting fives, period.)
*If you do this, don't come crying to me when they boot you. Remember, there's nothing but your losses keeping that table there.
DJ, thank you for the tip for not backing down to the initial bet on a new shoe. I started continuing the progression on a new shoe this past trip, and you were correct, the concerns of counting is erased.
Basically, I am trying to gradually increase my bet on a win streak so that when cards are extremely favorable, the progression is masking the favorable cards. I never ever will go and multiply a bet when the cards are favorable. That is just screaming that I would be counting cards.
Quote: TaxmanCPAAll I will say is that if a winning streak is going and the cards are favorable, it is much easier to go from a 25 unit bet to a 40 unit bet after the next winning hand and bumping it up as I'm 'playing with house money'.
DJ, thank you for the tip for not backing down to the initial bet on a new shoe. I started continuing the progression on a new shoe this past trip, and you were correct, the concerns of counting is erased.
Basically, I am trying to gradually increase my bet on a win streak so that when cards are extremely favorable, the progression is masking the favorable cards. I never ever will go and multiply a bet when the cards are favorable. That is just screaming that I would be counting cards.
You should scrap the progression and start counting. Learn the KO Count. It's a simple, but very effective count.
But you'll have to start with about five million.
Quote: DanMahownyYou should scrap the progression and start counting. Learn the KO Count. It's a simple, but very effective count.
I am very familiar with the KO Count and other systems.
Couldn't bring myself to continue.
Life's too short
10-14-20-28.... Baccarat would increase by about 45% every win (100-145-210-305...) PGP would be 30% or 9:7 (25-32-41-53...)
Quote: DanMahownyI know of a progression system you can use to get a million bucks- guaranteed.
But you'll have to start with about five million.
I have used Dan Mahowny's system. Drove to Vegas in a $500 car and came back home on a $ 150,000 bus.
What tools have you been using? A sledge hammer and a pry bar?Quote: TaxmanCPAI have been trying to tweak my positive progression betting system for years and now I am looking to you, the experts.
Come on, you are a tax guy and I am sure you use tools (software tax programs) in your trade.
QFIT comes to mind.
$85 can save you lots of time.
http://www.qfit.com/blackjack-simulation.htm
This can be easily programmed.Quote: TaxmanCPAI play basic strategy with the exception of splitting 5s and 6s ONLY against a dealer's 5 or 6 show card. I play only at 8 deck manually shuffled shoes with the dealer hitting soft 17s.
For my scenario, 1 unit = $5. After every loss, I revert back to the initial bet. If there is a push, the wager remains the same. After each shoe, I start back at the initial bet.
Initial bet: 5 units
After 1st win: Keep 2 units, increase 3 units to 8 total units
After 2nd win: Keep 4 units, increase 4 units to 12 total units
After 3rd win: Keep 8 units, increase 4 units to 16 total units
After 4th win: Keep 12 units, increase 4 units to 20 total units
After 5th win: Keep 15 units, increase 5 units to 25 total units
I have 2 programs that can do it.
You should have at least one.
A big time saver.
Just charge an extra $85 to one of your tax clients. Done deal.
My best guess, from running a few sims, is after your $25 bet wins, make it $26.Quote: TaxmanCPAWhat is the optimum positive progression that should be used?
I think someone else already suggested this.
Not enough thrill and excitement for ya!?
OK.
Walter Thomason claims to have a great system. Google his name. He is still alive and well!
http://www.qfit.com/blackjack-progression-systems.htm
http://www.blackjackincolor.com/useless5.htm
My suggestion.
Pay $85 for the QFIT BJ simulator and run your own sims.
Can't afford the 85 bucks?
How about $10?
http://www.dreammakersproducts.com/page2.htm
Blackjack Simulator Pro!
(This can do what you want, way slower than QFIT)
Only you can prevent forest fires.
Good Luck Taxman!
Sounds like a Beatles song
Quote: TaxmanCPAI am very familiar with the KO Count and other systems.
Question for Admins: If I call someone who knows how to count but doesn't a monkey, is that considered a personal insult? Is the use of a progression a mitigating factor?
Anyway: let's assume that a player does not want to count but wants to have the best chance at a win.
I would follow what wrongway does above but cap the bet at 8. I would also walk away after 4 straight losses as Walter Thomason writes in Twenty First Century Blackjack. I have that book and talked to Walter 10 years ago as we both live in Fort Lauderdale. I avoid negative variance and do not need to implement the 4 straight losing hands and walk rule as I buy in with only 5 units. Thanks for sharing that 7Craps.
Counters deal with negative variance as they are pros and should not over bet their bankroll. The recreational player might want to consider it.Yeah, yeah, I know the sims with a billion hands.
I will post the way I play when I am not counting in a new thread.
I was thinking the same thing but Soda posted for a reason. Maybe someone will research Kelly Criterion and know that the optimal bet size for a negative expectation bet is ZERO. Let's hope so!!!!