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Practice Matters

Blackjack: Determining the “Winning’’ 1931
Printed in the United States of America 1932
Blackjack: Determining the Winning Ability of Your Betting System. 1933
surprise? No! 1934
Background/References 1935
Applying Betting Strategies to Wiley’s Work and Flat 1936
A Win Streak starts 1937
A Lose Streak starts 1938
Win Streak bet 1 is a little tricky. 1939
A cycle is defined as a Win Streak followed by a Lose Streak or visa versa (a Lose 1940
4) The average amount lost 1941
With this introduction, using flat betting, let’s investigate the Double-up/Martingale 1942
Some observations about Table 4-1: 1943
3) The win streaks result in continuous losses 1944
The risk of loss is (-$635) in two ways. 1945
Now let’s see where an ‘ideal’ betting strategy might lead 1946
2) During the Lose Streaks the bets are a Martingale 1947
4) Dividing each of the Differences by the Theoretical Number of Streaks 1948
6. Modified Version of the ‘Ideal’ Standard Betting Strategy 1949
To avoid huge losses one can reduce both the win and lose streaks 1950
7. Unmodified/Truncated Betting Strategy 1951
Some observations about Table 7-1 are: 1952
3) The Average Winnings per Cycle has increased to $18.71 compared 1953
The betting strategy in Table 7-1 might appear quite strong but remember the casino 1954
Now, after all of the above, move on to Section 8 1955
Summarizing the above comparison of the two betting systems reveals that betting 1956
With more money on each bet when Blackjacks, Double Downs or Pair Splits occur 1957
9. Saw Tooth Betting Systems 1958
10. Money Management 1959
11. Summary and Conclusions 1960
It should be noted that for this Modified Saw-tooth/Progressive Method of Betting 1961
Tables 1962
Appendix 1963
Blackjack: Determining the Winning Ability of Your Betting System 1964
Blackjack: Determining the Winning Ability of Your Betting System 1965
Blackjack: Determining the Winning Ability of Your Betting System 1966
Tables 8-1, 8-2, and 8-3 1967
Table 8-3 Author’s Regression-Progression/Progressive Betting (50/50 game) 1968

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