my first post to the forums, my Background comes From system management in the commodities markets

Money management should be designed around probability for your bank roll success with odds of game.
Of course the higher your odds the higher your probability of win rate increases in a system.
Hate hate hate the martingale progression money management but love the anti martingale style management to maximize win series.
Instead of increasing your risk verse reward by increasing your risk for low profits by chasing the one unit win in martingale, you reverse the system for when you are in a winning series.
In a 50% win rate game you will have large swings and series of winning/ losing. the foundation of the money management is to maximize your winning series and minimize the damages of a losing streak.  Down side of a streak chasing system is the negative noise at the beginning of system with increased loses on series that don't reach your series objectives.<br><br><br>system is simple and takes advantage of the probability of streaks in the game.It doesn't change your odds of winning a single hand. (thats where card counting comes in)

never bet more than one unit if you lost.d
double your bet on wins only,
revert back to the starting one unit if you lost during your streak.
doesn't take long to hit table limits on a hot streak and when you do continue betting the limit until you lose....

lets look at a small streak
5 dollar min table 250 max
a streak of 5 wins
wager 5
wager 10
wager 20
wager 40
wager 80
wager 160 after 5 wins... next wager is 320 with a risk of one starting... oops we hit the limit


I feel better walking away from a losing streak and dance after a winning seriesI have used this system for some explosive wins at bj and craps

**** probability system******
on 50% win system the probablility of consecutive losing bets is
,-2=75%, -3 =87.5%, -4=93.75%, -5=96.8, -6 = 98.44

on 55%
-2= 79.75,-3= 90.89,-4=95.9,-5=98.15 , -6=99.17,-7= 99.63
assuming you have a average 50/50 system an have two losing bets you have a 85% probability that next bet will be successful.
your odds will always be 50%
but probability is derived from different data.
knowing this basic probability of series occurring its fun to go wager on roulette, craps, baccarat if you can observe a minimum of two losers in series before entering a probability wager. Remember not to go crazy increasing wagers chasing the loss ... increase bet only after win and its best to do so as part of your bankroll management for the long haul.