Negative progression systems are far more dangerous to play with, but they can bring a nice profit in case you win several times in a row.
How Do They Work?
We already mentioned how these systems work – negative progression requires raising your bets after losing hands and raising bets after winning. The theory behind these systems is that the player should eventually win after a losing streak and get most of the money back or at least break even. However, a bad string of losses can eventually bankrupt the player, which is why these systems are considered risky and dangerous.
Negative progression systems are a perfect example of gambler’s fallacy, a dangerous concept which relies on the myth that a win always follows after a series of losses. Relying on this myth is dangerous as there’s no sure way to predict what comes next in a casino game, be it blackjack, craps, baccarat or roulette. If there was a way to predict the next spin of the wheel or which card will show up in blackjack, we’d all be millionaires.
If you’re really lucky, however, negative progression systems can bring a profit, at least in the short run. All betting systems are not at all effective in the long run and anyone who says differently is lying. Another misconception about negative progression is that it’s not as lucrative as other betting systems. This is just another myth – negative progression systems can cover up your losses and bring you massive profits, but as you’re relying on luck, no one can be sure what happens next.