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Essentially, Nick, a buy bet resembles a place bet except that you pay a 5% commission on the amount of your wager. The problem with this money management technique is: 1) you do not have an inexhaustible bankroll to take on multiple losses, and 2) the casino owns the bank and sets the rules—like table limits. I increase the wager that follows any winning bet – except the first – by 50%: First bet wins, next bet also for wins, and now we’re off on the 50% gallop: , , , , etc....
Like your brother-in-law, I take a conservative approach and lock up that first win, and wait for a second win before bumping up my bets to engage my variation of a progressive system. I wouldn’t need a house, car, job or a friend.Gambling Wisdom of the Week: If I could play this game like you, I’d rent the chair I’m sitting in for a year… I’m not lying....
Six wagers and you have just invested 0 to get your measly back. For starters, the typical gambler that flat bets per hand would net after six wins. Every winning hand thereafter – taking into consideration that he bumps up his bets incrementally as he has every two hand by – the progressive formula that I use will outperform his....
You bet and lose, then to recoup that loss; followed by , , 0, and finally 0. Ask any dealer and he or she will tell you that it happens far more often that you can ever imagine.The upshot here, Roger, is to tip only what you are comfortable with, and to tip only for good service....
Every winning hand thereafter – taking into consideration that he bumps up his bets incrementally as he has every two hand by – the progressive formula that I use will outperform his. Your brother-in-law nets , and my progressive system returns . The Martingale System is a ‘negative’ progression betting system whereby you do exactly the opposite by increasing your wager size after each subsequent loss....
