Originally Posted by kewlJ View Post
Originally Posted by tableplay View Post
All you are doing is increasing the probability of a winning "session" at the expense of losing more when you do lose. Thus the aggregate loss is the same.There would be no point in pursuing this any further because of this. The only way to come out a winner is to win initially and then to never play again (on a -EV game). The wager to make with you is the aggregate $ amount won over a 1000 "sessions" (with say a million hands played) - not the percentage of "sessions" won or lost.
Outstanding post tableplay! Well written and explained. These are the facts of a progression betting system...ANY progression betting system and this includes Rob's. Doesn't matter how you dress it up….it's still the same pig (progression betting system). And no progression betting system can overcome negative expectation. PERIOD!

Well make that no progressive betting system can overcome expectation in the long-run. If your goal is to some small ample size and hope to hell you are on the far side of the bell curve, the extreme positive side of variance, sure it could look like a winner (short-term). But you can do that with ANYTHING! Hell you can flat bet a -EV game and hope you come out on the plus side of variance or the bell curve. And if you do, that still doesn't make it a winning system. That makes it extreme positive variance. Extremely lucky.
Thanks KewlJ.