Progressive Betting

Progressive Betting is a very controversial subject. There are those who believe that negative expectation can be overcome by varying bet size at very specific times. They believe that the trick is to know when to increase the bet size. This section is intended to provide information that will help a person understand the ramifications of following some of the more popular progressive bet sizing strategies.

Last Updated: Article
2000/02/17 The Small Effects of Multiple Losses
by MathProf. An interesting analysis of the change in player advantage with successive losses.
98/02/27 Blackjack and "Money Management" (long)
by Bootlegger with addendum by white_elephant.
97/09/14 Mathematical Proof That Progressions Cannot Overcome Expectation
by Richard Reid
97/07/28 Progression Betting
by Mike Lea
97/08/14 A Review of Progressive Betting Systems
by Mike Lea
97/08/18 Modern Progression Systems
by Mike Lea
97/08/22 Ruin for Negative and Positive Progressions--The Martingale.
by Mike Lea (modified 98/08/22)