14th April 2005, 12:26 PM
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Member
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Join Date: Jan 1970
Posts: 479
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Quote:
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Originally Posted by Rock Steady
That is a "chasing losses plan". I would prefer the following:
1,1,1,1,1,1,1,1,1,1 until the bank doubles then the plan would be 2,2,2,2,2,2,2,2,2,2.
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And then what happens if your bank halves? Do you drop back to the 1,1,1,1,1,1,1,1?
What you would be doing is betting more on your losing bets than your winning bets, hence lowering your return percentage. This is all ok if you are returning a healthy profit from a straight bet. |