Hi All,
i read with interest all the exchanges on this board (and generally that FT bashing board :P).
just wanted to chip in, for interaction and share share.
doubling up on losses = martingale system
doubling up on winning = reverse martingale
as one of the bro here rightfully pointed out, table limits are in place exactly to counter such betting style.
but what got me thinking was if there will be a overall table limit for ALL bets taken on say the 5-10 punters on the same bet e.g. PLAYER ?
rightfully one should be able to double up beyond the bet-size limit through another punter who will hoot the exact max bet amount on the same bet ya?
of course, the pit boss would have picked up such multiple max bets soon enough and politely invite the ones invloved to move on to the high limits table.
and in such a case, the martingale system can be extended until the next level max bet is breached.
however, it takes balls to double up for the 10th time (on a losing streak) even if starting on a $100 ante even if that's only 10% of bankroll. so me thinks reverse martingale is still less stressful.
on a side-note, i believe that luck plays a big big part in this whole "beat-the-house" holy grail thing. therefore whenever i am able to convince myself to cough up $100 for single entry in either of the 2 IRs in town, it's the usual "3 consecutive losses at the table game and i am done" routine. i know, not much kick but then again, i'm much too risk-averse or simply too detached to want to stay and fight back. without lady luck in my bed, i get pwned 11 times out of 10! :P
ok, nuff said. sorry for being long-winded.
for those who are interested and have not already know the resource, you may wanna refer to wizardofodds. c o m
in summary, the guru proved that blackjack is the game to play if one can play the perfect game. second to that i think it's baccarat but i may be wrong on this, please check/re-verify.
myself, i'd rather wait for either of the 2 IRs to start the poker room if and when they managed to convine themselves the potential takings are not as bad considering they are both not getting the target hands-per-hour on existing tables opened throughout the day. fingers X'ed. : )
meantime, may luck be with ya all!
Just a thinking,
You should increase bets when you win and reduce when you are losing.
Imagine if you can hit 5 winning streaks, you can also hit 5 losing streaks. So which way will be better?
As for double up when losing is effective only when the thrend is LWLWLWLWLWLWLWLW
A high percentage of Danger and problem gambling starts from doubling when losing.
) 
