Hot Streak Blackjack Strategy (by Pete Caldwell)

Anyone has ever played this strategy? So far I have been using it with good results, I wonder if someone can run it through a simulator to see if it is profitable in the long run. I know that betting strategies are considered a mistake and that they all lose at the end. Could this be different, depending of course on the player behavior (respect of stop limits, money management, etc..). Here is the site of the guy that is presenting his book and strategy:

If it worked, he would be using it and not trying to sell it to you.

Quote: Kostakisplus

Anyone has ever played this strategy? So far I have been using it with good results, I wonder if someone can run it through a simulator to see if it is profitable in the long run. I know that betting strategies are considered a mistake and that they all lose at the end. Could this be different, depending of course on the player behavior (respect of stop limits, money management, etc..). Here is the site of the guy that is presenting his book and strategy: http://www.blackjacksuccess.net

There is no betting system that will overcome a negative expectation or disadvantage. Period! The sooner you learn and accept this concept, the better off you will be and you will waste less time and/or money. In this instance you acknowledge you know this by basically stating it, but then in the very next sentence, ask "could this be different?" WHY? What makes this different? I see nothing and in the absence of anything substantial that makes this different you are chasing the definition of insanity....doing the same thing over and over again, while expecting a different outcome.

The piece of the puzzle you're not seeing is that there are two (or is it three?) betting strategies presented, and you use card counting to know when to switch strategies.

To my uneducated mind, it at least sounds like it has a chance. Personally, I've always thought that riding a streak was important. But knowing when a streak was happening, end ending, was important too.

Does his system really work? I don't know.

" It is a common sense approach for maximizing profits in any session, whether it is hot, cold, neutral, or a combination of the three. "

Gee, even John Patrick advised leaving the table when the dealer was hot ! But now I can win even when I am losing. WOW !

It is available on Amazon in a kindle book. Has 2 reviews. The first is 2 years ago and the standard I love this book first review. 3 months later is the only other review. It ends with " I want my money back ". LOL

It is 6 whole pages long. Including a cover page and charts.