The title says it all.
One step forward, 4 steps back and this is why martingale systems never work.
Just think about it. Let's assume the Casino wins on average 2 bets to every 1 lost.
How can you make this up.
You can't double your bet after a WIN because remember the casino wins 2 to your 1
If you win 1 and double it, you have 2 with no pulling back of chips so you now give the casino a second chance to win 200%
Assuming the casino wins 2 to 1 times that a big percentage of losses that can add up very quick.
How to fix this?
START WITH 2 CHIPS AND AFTER A WIN GO DOWN TO ONE CHIP ? maybe but maybe not.
START WITH ONE CHIP AFTER A WIN UP YOUR BET BY 50% ?
I think one main step is to determine how many average wins in a row can be made at the table before factoring in what your bet will be.
Assuming the win average is 3 in a row,
First off, you can now determine how many times to up your bet
Second, If you set an amount you want to win then that amount should be the 50% of the total of your last bet.
So if I want to win 1000.00 knowing the average is 3 wins in a row,
my third bet would be $500.00.
This also means my second bet will need to be $250.
This means my first bet must be $125
Now the question? If no wins get pulled back for 3 wins in a row also knowing that the casino wins 2 to your 1, that's a tough decision to make to parlay all your money 3 times in a row. So how to make it better?
START WITH ONE CHIP AFTER A WIN UP YOUR BET BY 50% ? Maybe it's a better bet.
So if I want to win 1000.00 knowing the average is 3 wins in a row, and you only press your wins 50%
We know our last bet needs to be $500 so if we increase our bet after each win from the start to get to that 500 amount ? ? ?
I know if I start with $100 this will not work because you need to win 5 times but the average casino run is 3.
I know if I start with $200 this will be too high because if you win 3 times the amount will be $900 but you also have 50% profits from your previous wins. $475.00 that totals $1375.00
This is where I'm lost because my head can't put together the figures.
Sorry for my many daily posts. I am a retired professional and I love to chat about gambling. I also enjoy reading and can't help but to reply to some fantastic articles.