Mathematically, relying on betting systems does not work in the long run. Unless you have knowledge of the composition of a deck, you are effectively making a losing bet every time you make a wager - even with perfect basic strategy. It doesn't matter how you alter your bet each hand, you are still making wagers with a negative EV. What betting systems do accomplish is changing how you lose money - often increasing the chances of short-term winnings with increasing the risk of a whopper of a loss.. With Walter Thomason, players do lose money in the long run. You just might be the lucky one who is still ahead after a lot of play. Here is a reliable report on a computer simulation that mentions it:
https://www.qfit.com/blackjack-progression-systems.htm.
No, counting cards does not guarantee winning during any particular session. However, if you can manage your bankroll and are patient, it does guarantee long term winnings. I may not be a particularly experienced player (yet), but I am a mathematician - and the numbers do not lie.
Originally Posted by Splitting Tens
Mathematically, relying on betting systems does not work in the long run. Unless you have knowledge of the composition of a deck, you are effectively making a losing bet every time you make a wager - even with perfect basic strategy. It doesn't matter how you alter your bet each hand, you are still making wagers with a negative EV. What betting systems do accomplish is changing how you lose money - often increasing the chances of short-term winnings with increasing the risk of a whopper of a loss.. With Walter Thomason, players do lose money in the long run. You just might be the lucky one who is still ahead after a lot of play. Here is a reliable report on a computer simulation that mentions it: https://www.qfit.com/blackjack-progression-systems.htm.
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