Progressive Betting Blackjack Reddit

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For as long as people have been gambling, players have been trying to develop a system that will allow them to gain the edge. Some of the greatest minds in history have tried to devise a system for beating the casino games. Although he was not a gambler, in 1654 French mathematician Blaise Pascal was asked by a friend for help with a wagering proposition. Pascal became interested in the philosophical problem of how to make decisions involving uncertain events. His studies lead to his writing of Traite du Triangle Arethmetique which was the first book on probability theory.

The Paroli 3 Betting System is a progressive betting strategy based off the very old but not often used (nor heard of) Paroli Betting System. The Paroli 3 is designed for short term high gains play with low risk of ruin. In fact; you can actually per-calculate your maximum. Progressive betting systems can't change the fact that you're playing a negative expectation game. After many rounds of play, your loss will be your average bet multiplied by your disadvantage. With progressive betting, your average bet will be higher, so you stand to lose more over time than if you just flat bet.

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May 19, 2017 There are some uses for progression betting and I always favor the after a win increase option. I also set limits, like win four in a row and start over. Have used it for cover in negative counts to establish myself as a progressive bettor so that large bets later are less suspicious. Progressive blackjack betting systems are popular among players who want to win big and bring more excitement to the game. In this article, we’ll look into two types of progressive betting in blackjack (positive and negative), and the most common systems for each type. Progressive Blackjack Betting Systems. Playing in a blackjack game with a side bet on a progressive jackpot isn’t the only way to win a lot of money at the blackjack table. You could also use a progressive blackjack betting system. A progressive betting system is one where you increase the size of your bets according to some established system.

Albert Einstein studied the problem of how to beat the game of Roulette. After spending time on the problem he concluded that it could not be done and he was quoted as saying, 'The only way to beat Roulette is to steal the money when the dealer's not looking.' In a sense, he was correct. His point was that there is no way to employ a mathematical configuration of bets to overcome the house edge.

Gambling systems based on raising and lowering your bets are sometimes referred to as money management strategies. Most of these systems fall into two categories; a negative betting progression, or a positive betting progression.

Negative Progressions

A negative progression system has you increase your bets after a loss in hopes of getting back to even after a win. These negative systems are extremely dangerous because you can lose your entire bankroll after a series of losses. The most popular negative betting system is the Martingale where you double your bet after every loss. This system has caused more players to go broke than any other betting system, yet many players will still give it a try.

Positive Progressions

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The ultimate betting strategy is to bet more when you are winning and less when you are losing. This is easier said than done because you never know when a streak occurs until it ends. A simple way to bet more when you are winning is to slowly progress your bets after a win and decrease your bet to the minimum when you lose. This is known as a positive progressive system. If you are going to try any type of betting system, you should only try a positive progression. With a positive progression, you cannot get wiped out by a series of losses.

Paroli Betting System

The Paroli system is a positive progression system that is designed to take advantage of winning streaks. You start by choosing a predetermined number of wins in the progression. For example, if you decide to use three wins as your progression. Here is what the progression would be:

You place your first $5 bet and win $5. You place your second bet of $10. You win with the second bet and place your third bet of $20. You win with the third bet and this is your stopping point for the Paroli betting system. You will then proceed back to the original bet of $5 and continue to use the system throughout the game. You may try for four or five wins in a row but it will be harder to complete the sequence. If you were to lose at any time you go back to your original starting bet and begin the sequence over again

One Half Up

This is a very popular positive progression system. You do not increase your bet until you win two bets in a row, then you keep increasing your bet by one-half of your original bet. Here is an example.

You make a $10 bet and win. You are now even so you don’t progress yet. You make another $10 bet and win. You are now ahead $10. Your next bet is $15. You are progressing but you still have a profit of $5. If you win the $15 bet your next bet is $20. If you lose you go back to $10. You still have a profit of $15.

It Can Work

There has been much debate about whether or not a positive progression system will increase your profits when you gamble. Many math experts say that in the long run, it will not make you any more money than if you had bet the same amount each time. However, since you are only playing for a limited amount of time a positive progression may win you more if you catch a lucky winning streak.

You can use a positive progression when you are playing any casino game but it works best in the game of Craps. There are many times when a shooter will have a long roll and you can use a progression to increase your winnings.

A positive progression cannot hurt you because you are only increasing your bet after a win. If you feel that you want to try a betting system, this is the one to use. The secret to successfully using a positive progression is to make sure you collect enough winning to make a small profit before you start to raise your bets. Many players will raise their bets before they have locked up a profit and when they lose they have not won any money. Make sure to collect a few winning bets first

First Step: Understanding Progressive Betting

When betting progressively at blackjack, you’re simply increasing your bet as you win hands. This style of wagering differs from that flat of betting, where you consistently stay at the same amount for each bet whether you win or lose the previous hand, and negative progression betting where you increase your bet after a previous losing hand.

Does progressive betting give you an edge over the house?

Simply stated, no betting system under the sun will give you an edge. You cannot convert or change the house edge no matter how you bet. However, intelligent use of progressive betting while winning hands can keep you in the game longer while minimizing your losses.

Positive Progressive Theory

Since in the long run the dealer will win about 52% of the hands, winning and losing streaks will occur almost equally between the dealer and the player. With that in mind, positive progressive betting is built upon the strategy of taking advantage and winning more when you have your winning streaks than what you lose when the dealer has his winning streaks.

An easy example of this would be a five-hand win streak for the dealer. If you’d bet one unit each of the five hands, your total loss would be five units for the dealer’s streak, If, however, you’d bet two units during each hand of a five-hand win streak in your favor, your total win for your streak would be ten units.

Combining the two streaks in which you won five hands and lost five hands, your overall profit would be five units, 33% of your total investment, which is quite favorable when you only won fifty percent of the hands.

Putting the Progressive Theory to work

The above analysis does not take into account that five-hand win streaks in either direction are relatively rare. It will happen only about one time in every twenty-five new five-hand slates for the player, so you want a progressive betting system that takes this into account and rounds out a better way for you to stay in the game.

The Key second hand

Virtually all positive progressive betting systems give maximum weight to the second winning hand of a streak, which of course is the very impetus of any streak no matter how long it may run. I personally think a 1-3-2-6 positive progression is a solid weapon for your blackjack attack.

To start off you bet one unit. If it loses you stay at one unit, but when it wins you increase your bet after the initial win to three units. If that bet loses you return to one unit, and if it wins you drop to two units. You follow the same betting tactic toward a maximum bet of 6 units, after which you return to one unit whether you win or lose the biggest bet.

Analysis

The possible results of each series are as follows:

  • Lose 1st hand–minus one unit
  • Lose 2nd hand–minus two units
  • Lose 3rd hand—plus two units
  • Lose 4th hand—break even
  • Win four in a row—win twelve units
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The key is to win the first two hands, after which you are at least guaranteed a break-even for the four-hand series. If you win the first two hands then lose the third, you have a two-unit profit for the series. If you win the first three hands then lose the fourth, you break even, but if you win that fourth hand and complete the series sweep you have a whopping twelve-unit profit!

And if you hit a streak of eight winners in a row you rake in twenty-four units!

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Progressive Betting Blackjack Reddit

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Of course you would have won lots more on a more aggressive progressive (pardon the rhyme) during an eight-hand win streak, but you could have also given your entire profit back had the streak lasted a hand or two less.

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This article was written by former professional casino cheater, Richard Marcus. Richard Marcus is also the author of American Roulette, a controversial book that reveals how he and other professional cheaters ripped off casinos.

Progressive Betting Blackjack

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