10th January 2013, 12:41 PM
|
Member
|
|
Join Date: Aug 2010
Posts: 1,037
|
|
I reckon doubling your profit and then also doubling the bet is not such a good idea.
Let's say you have a $300 bank and $30 liability (10% of bank). If you double your bank to $600 then I don't think you should keep laying at the same liability of 10% (in this case $60 liability).
I would slowly reduce the percentage of bank your laying with until you get to 2% or maybe 5%. In the above instance I would start laying to say 8% liability of the $600 making each bet $48 liability.
You are now raising your stakes but in a smaller proportion than your bank is increasing. As time goes on this would then give you more leeway by losing less of your bank should the method hit a bad trot.
Anyway, that's my 2 bobs worth (which is about all it is worth)
__________________
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”
― Earl Nightingale
|