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In essence, you, the gambler, double your previous bet (after a loss) leaning on the statistical certainty that sooner-or-later you are bound to win. For starters, the typical gambler that flat bets per hand would net after six wins.You brother-in-law’s wagering system is a progressive method of betting where the bet-size is systematically changed, up or down, across a series of hands according to his own predetermined (, , , , , ) formula....

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Every winning hand thereafter – taking into consideration that he bumps up his bets incrementally as he has every two hand by – the progressive formula that I use will outperform his. Your brother-in-law nets , and my progressive system returns . Losing six hands in a row costs you ....

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What are your thoughts on this system? Bill L. The problem with this money management technique is: 1) you do not have an inexhaustible bankroll to take on multiple losses, and 2) the casino owns the bank and sets the rules—like table limits. Losing six hands in a row costs you ....

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Even with 20 years on the inside, I won’t tip, at least openhandedly, a put-off casino employee.Have you ever met a gambler who has not lost six, eight or even ten hands in a row? I sure haven’t.Like your brother-in-law, I take a conservative approach and lock up that first win, and wait for a second win before bumping up my bets to engage my variation of a progressive system....

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Dear Mark: My brother-in-law swears that after every second win, you double your bet. Of three casinos near where I live, they all offer a buy bet with a 5% commission. This chair would be my only possession....