Been losing for a month.

[Norm]

Hilarious. Using Amazon ratings to prove something is true. Hitler's book, Mein Kampf, has a four star rating at Amazon with hundreds of posts saying things like finally, the Jews are exposed by Hitler.

[BughouseMASTER]

WHY PROGRESSIONS WORK:

[Link to scam redacted]

And for you lazy asses:

Back in 1982 to 1984, there was a running debate between blackjack experts on both sides of the progressive betting equation. The card counting contingent of experts concluded that there was no mathematical justification for increasing the bet after either winning or losing the previous hand. They based their argument on Bayes' Theorem which, when applied to the game of blackjack, states that "the chance of a winning hand being followed by another winning hand is no more likely than a losing hand being followed by another losing hand." Based on this logic, there was no reason to increase a bet after winning the previous bet. Over the years, the majority of the blackjack authorities have bought into this line of reasoning and have dismissed any and all inquiries into whether or not progressive betting actually works in practice.
Ironically, Bayes' Theorem is the principle reason why I believe that progressive betting works.
Follow my logic:

1. The chances of winning one hand and then losing or winning the next hand are about the same.
2. Consequently, the chances of winning two consecutive hands or losing two consecutive hands are about the same. Or winning three consecutive hands and then losing three consecutive hands are about the same and so on.
3. Consequently, the long-term probability is that any blackjack player, regardless of his betting method or the rationale behind it, is likely to win--or lose--about the same number of consecutive hands.
4. Consequently, if you are betting more money after a winning hand and less money after a losing hand, your average amount wagered during consecutive winning hands will be greater than your average amount wagered during consecutive losing hands and your profits from play will be greater than your losses. It's that simple!

[BughouseMASTER]

Now, tell me, exactly what part of what he said above is FALSE?

[Splitting Tens]

Now, tell me, exactly what part of what he said above is FALSE?

All of it. You are actually only about 43% likely to win any given hand - ignoring pushes and slightly higher/lower percentages with different rule sets. EV is very close to zero due to bonus payouts, splitting and doubling. Think about it: if we actually won half the time, flat bettors would make a killing! They’d never lose more than their bet, but would win more when they are dealt naturals or either split or double.

if the dealer wins, just 55% of the time, in ever series of two hands:
dealer wins twice : 30.25%
player wins twice: 20.25%
Each wins once: 49.5% (in your system, if the player wins first, he loses money)

if if you play perfect basic strategy, you will slowly lose money over time. Depending on the casino and thei comp program, you MIGHT, be able to get a little ahead. However, this would have nothing to do with the betting system and everything to do with basic strategy and generous comps. You would not be able to make a living wage.