Progressive Betting

In progressive betting, you increase your bets each time you win; but if you lose, you return to your original bet size. The common technique is to increase your bet by 60 percent every time, pocketing 40 percent of the winnings for yourself. If you are lucky enough to be involved in a streak of even eight or nine straight wins, you’ll be very happy. At the end of eight wins, for example, your next bet would be 1.68 times your initial bet. If you think it would be hard to remember how much to bet after each win, especially if the streak gets long, just bet the Fibonacci numbers: 3, 5, 8, 13, 21, and so on. Each one is about 1.61 the previous one; but even easier, each one is the sum of the previous two. So all you have to do, in order to calculate the next one, is remember the last two. That’s pretty easy to do, even in the heat of battle.