Progressive Betting Blackjack

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John Doe re expectation.
If the first hand from a shoe, you can calculate the probability (win/loss) of that hand with complete accuracy. Many hands have a positive expectation even with skewed distribution of the deck. All this is beside the point; it is not necessary to know the next hand's expectation to determine your bet size.
  1. Blackjack Progressive Betting Statistics
  2. Progressive Betting Blackjack Reddit
  3. Blackjack Progressive Betting System
  4. Progressive Betting Blackjack Strategy
How

Progressive blackjack games begin just like any other version of the card game. After taking your seat, you'll notice two betting regions. There will be a standard circular betting area and a smaller circle or coin slot where you can place your progressive side bet. Progressive Blackjack Betting Strategy Sometimes the casino will try to hide the wagering requirements by writing something like “The bonus and deposit amount has Progressive Blackjack Betting Strategy to be wagered 40 times”. 40 times sounds low, but keep in mind that it’s the deposit amount plus the bonus amount that has Progressive.

You can calculate the probability of all hands with complete accuracy. Sometimes, if there are excessive tens and aces still in the shoe, they will have a positive expectation. But if you aren't keeping track of these cards, i.e. counting, you have no extra knowledge of the cards likely to be dealt, and therefore the expectation is exactly what it would be for the first hand. (i.e. negative)
All this streak stuff is total bunk. Give it a rest.

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.

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

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:

Chart
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.

Blackjack Progressive Betting Statistics

It Can Work

Progressive Betting Blackjack Reddit

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.

Blackjack Progressive Betting System

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.

Progressive Betting Blackjack Strategy

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