It is not uncommon to see players using a progressive betting strategy when at the blackjack tables. They seem content with their system but I am not sure they are aware that a progressive betting system just does not pay off in the long run in blackjack. And how you bet is a big part of your blackjack strategy since your aim in blackjack is to make money.
Like usual let’s take a look at an example and compare flat betting in a game of blackjack to using a betting system in the same game of blackjack.
In this example players A and B are playing at a $10 minimum table and both start out betting $10. Player A is our flat bettor and player B is our progressive bettor.
Both players have played four rounds of blackjack. This could be online blackjack or blackjack in a brick and mortar casino. It does not matter where it is being played considering the effect of both bettering strategies will work the same in both types of blackjack.
In four rounds player A has wagered and won, brining in a total of $40. Player B has also won all four rounds but because he has wagered $10, $20, $30 and then $40, he has won $100.
In this instance the point goes to the player B and his progressive betting system.
This example shows us why players tend to resort to progressive betting systems when playing blackjack. They see it as an easy way to win money and make a profit when playing blackjack. Not to mention faster.
Do you recall the tale of the tortoise and the hare? The hare assumed that because he was the naturally faster animal he would win the race; he goofed off and played around with confidence. He figured he had the better method.
Check back and find out what happened to player B and his progressive blackjack betting system, and which player is the hare and which is the tortoise when it comes to blackjack.