11:36 UTC July 11, 2010 by Carl

If you go into any casino or play any form of gambling then a progressive betting system can work very well in the short term. As long as you do not use systems like the Martingale for instance which double up after every loss. The bankroll requirements are very severe and especially on casino games where the table minimum is well below the table maximum in terms of the number of potential double ups that you can make to get your money back.

But systems like the Reverse Labouchere for instance can use progression in an entirely different way. However it needs to be pointed out that in no way can a progression system turn you from a long term loser into a long term winner although on blackjack then it has the potential to do so if you are using good solid basic and card counting methods.

But even here, it is the card counting strategy that is providing the profit and not the progression system. In this environment then the progression system can serve a very good strategic purpose as it can allow the player to look like an everyday player when betting in this way. So even though the progression systems cannot and will not provide long term profits in their own right, everything has its place at some stage.

Even though we never used progression systems when we played blackjack, the strategic use of them as cover cannot be under estimated. But if you were to go into any casino for a day or an evening and use a progression system then your chances of success and walking out in front would be very good indeed as that isn’t an amount of time that is long enough for the house edge to take effect.