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In essence, you, the gambler, double your previous bet (after a loss) leaning on the statistical certainty that sooner-or-later you are bound to win. Your brother-in-law nets , and my progressive system returns . 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....

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If you win six hands in a row, you win .Every winning streak will have an end sometime, so your brother-in-law’s way or mine, the potential gainjackpot magic slots big fish when using a positive progressive system when on a Eureka moment clearly out performs flat betting. For starters, the typical gambler that flat bets per hand would net after six wins....

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Allow me, Bill, to show you how lethal this form of wagering can be. This chair would be my only possession. You bet and lose, then to recoup that loss; followed by , , 0, and finally 0....

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My progressive system goes like this.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. A string of six defeats and you are up against the table limit, possibly tapped out and still chasing ten buckaroos....

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In essence, you, the gambler, double your previous bet (after a loss) leaning on the statistical certainty that sooner-or-later you are bound to win. He says you are keeping the first win after raising the bet and then using house money for the raise. 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....