Five Level Betting
Written June 2, 2008 by Jack Jones
The Five Level Betting System is based on making progressive bets based on a cycle. You start at 1 then 2, then 3 before finishing at 5 before heading back down to 1. A $10 player would start there before going $20, $30, $50 and then back to $10. After the initial $10 wager, you progress to the next level after each hand that you win. As soon as you lose then you move back down to your $10 wager. Additionally, if you win four hands in a row then you also return back to your $10 wager.
This system recognizes runs of luck, rewarding the player when a winning run is achieved, but it doesn’t kill you when you hit a losing streak. If you bet a standard rate and lose four straight hands before winning four straight you would be sitting at zero, but using this system you would be up $70.
Our personal favorite progressive betting system though is somewhat different in that you don’t automatically return to a single unit after your fourth win. This sytem has you set a predetermined percentage increase to follow any winning bet, and pull in your horns after losses. For example; I increase the bet that follows any winning bet by roughly 50%: When the first $2 bet wins, my next bet is $3. If that wins I’m off on the plus-50% gallop: $5, $7, $10, $15, $22 etc, until I lose, and then I drop back to the table minimum, in this case, $2.
What I like best about any winning progressive method of betting, Paul, is that you can minimize your losses and usually protect your winnings.
If you liked this article, you may also be interested in:
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- How Parlays Can Be Profitable
- 2009 Los Angeles Lakers NBA Finals Betting Odds
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