Progression betting with 3 losses

Lately have played the following: 6 deck games, starting with $10 bet and then upping one unit on each win, no regressions unless the following: If lose 3 consecutive times at any level, then return to the minimum and start anew. Simply upping one unit on every win, then if lose 3 in a row then start anew.

I know it is not counting, but it has done well overall. Playing with a large bankroll per session of 100x initial bet so $1000 for $10 starting bets. Have got up to $100+ betting levels with some good session wins of $500++.

Quote: dwm

Lately have played the following: 6 deck games, starting with $10 bet and then upping one unit on each win, no regressions unless the following: If lose 3 consecutive times at any level, then return to the minimum and start anew. I know it is not counting, but it has done well overall. Playing with a large bankroll per session of 100x initial bet so $1000 for $10 starting bets. Have got up to $100+ betting levels with some good session wins of $500++.

Similar to what I do on PGP; works well for me most times also. Hope you continue to see good variance.

Nice way to think you are winning. And you actually are UNTIL :

Hope springs eternal, Buzzard, losing will always be a part of gambling, but enjoying the up cycles for now..

Have FUN !

What is PGP and explain your similar betting scheme, Beach. Thanks. I have tried mine with 2 consecutive losses and start anew vs 3 consecutive losses and the 3 is better thusfar.

I’m also having success with a similar system (a modified d’Alembert), but it’s an up as you lose progression.

Go up a unit on a loss
Go down a unit on a win
Go down two units on a double or blackjack win (no even money)
Go up two units when losing a double
Split hands are treated as any hand (i.e. win on both splits, go down two units etc.)
Lose 2 or 3 hands in a row = flat bet until you win one hand then continue on from where you left off

Quote: dwm

What is PGP and explain your similar betting scheme, Beach. Thanks. I have tried mine with 2 consecutive losses and start anew vs 3 consecutive losses and the 3 is better thusfar.

I do a partial positive progression on PaiGowPoker, usually. If I'm feeling really broke, I'll flat-bet the minimums or just not play, but the method below is how I enjoy playing after a lot of trial and error.

I like the Fortune sidebet, so usually play that at 5 dollars; there is really no other good dollar amount to play that bet, because less than 5 leaves you out of the envy bonus (which my non-big bonus hand gets as well playing 2 hands), 10 or more usually exceeds table aggregate on the max win. It hits about 19% of the time. Lots of PGP players don't bother, but I love that bet.

To pay for playing it, I play the main game, which is nearly 50/50, at 4 to 1 or 5 to 1 base bet. I also almost always play 2 hands at that amount, because of favorable circumstances in playing 2 hands for both bets. I also bank when head-to-head with the dealer every other hand, because the dealer/banker wins tie hands, and that happens more often than you'd think, especially in the 2 card hand. Generally, then, I'm playing for 50-60 a hand, base bet + sidebet x2.

When I win, I have to pay 5% commission, which along with the Fortune bet, tends to be a slow drain on my bankroll unless variance is good that day. To help counteract that, when I win, I go up. (I can still hear Mai-mai in my head from Biloxi 20 years ago; "you win, you go UP!" in broken English until I finally caught on....) Many PGP players go full double up (and are probably correct to do it), but I go up 5/won hand for the first win, 10 for the second and third, then back off to base if I won three times in a row, to help offset the cost of the Fortune sidebet. So occasionally I'm playing 100/hand split between 2 if the cards are running well (the dealer's on a streak of weak hands).

I only go up when I win on the base bet, not on the sidebet. I'm playing to lose really slowly or hold my own if possible, and catch the occasional big bonus hand. I play 2 hands because, playing 1 compared to the dealer, I have a roughly 50/50 chance of having the better hand, but with 2 hands, I have about a 66% chance of having the best of 3 hands, which will pay for my other hand if it's a loser, or make me a winner overall if the lower 2 hands push. (In paigow, about 38% of hands are pushes). And I get to see the joker better than 1 in 4 hands, which increases my chances of having a bonus hand. I also bonus twice as often with two hands, joker or not. And the bonus pays odds at a minimum of 2:1, so helps pay for both bonus spots whenever it hits.

None of this is +ev, but I'm just trying to see as many hands as I can, because it's a slow game, and I get a kick out of getting 4OAK or SF or higher; generally get at least one of those a day, but not always. I usually stand up + or - 200 to 300, but have won as much as 3200 and lost as much as 800 doing it this way (800 is my stop-loss point).