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Nice post! I know something like this for Roulette as well. Apparently you have to stick with betting on only one color (Red or Black), and increase your bet. You double your wager if you win. So you start by say $5, and no matter if you win or lose, add another $5.

For example, you bet $5 and you lose. The next bet is $10, if you win, you get $20, that's the $10 you bet, the $5 you lost the first time and $5 more! If you lose with a bet of $10, bet $20. You can win $40, that's the $20 you bet, the $5 you lost the first time and the $10 you lost the last time, plus $5! The idea here is to double your last bet... Eventually, if you have enough bankroll you can pull it off and win!

It may look like you may only win $5, but imagine you get the winning color several times in a row. It happens often. You could win a few hundreds if you push it.

It's not much, it's a steady growth more or less. I don't know if it is ok with most casinos, though.

Quoted from "Marius"

Nice post! I know something like this for Roulette as well. Apparently you have to stick with betting on only one color (Red or Black), and increase your bet. You double your wager if you win. So you start by say $5, and no matter if you win or lose, add another $5.

For example, you bet $5 and you lose. The next bet is $10, if you win, you get $20, that's the $10 you bet, the $5 you lost the first time and $5 more! If you lose with a bet of $10, bet $20. You can win $40, that's the $20 you bet, the $5 you lost the first time and the $10 you lost the last time, plus $5! The idea here is to double your last bet... Eventually, if you have enough bankroll you can pull it off and win!

It may look like you may only win $5, but imagine you get the winning color several times in a row. It happens often. You could win a few hundreds if you push it.

It's not much, it's a steady growth more or less. I don't know if it is ok with most casinos, though.

It is ok for most casinos and online casinos especially because they know that it is not really a winning strategy unfortunately.

The main problem is that not only the winning color may come several times in a row but also the losing color and at some point you will have run out of cash to keep on progressing. That is of course true for online casinos online that do not offer real micro limits to play. I can imagine that it works if you wager with only US$ 0.10 in the beginning. But still.... only one immense losing streak may kill you and your strategy forever!

Quoted from "thenestedloop"

That is true, the only thing that is keeping this from being a true strategy is the limited bankroll at a player's disposal and, most important, the betting limit for a table, that casinos usually have. It is quite improbable that in an event with two outcomes one of them will occur 20 times in a row, so if the upper limit for the table is much higher than the minimum bet, this could actually work. But if that would be true, I guess this strategy would become as welcomed in the casinos as "counting cards in blackjack" currently is

Well, in online casinos card counting is not that much of a threat to the casinos then in live casinos to be honest

Indeed, the most important thing to consider when going for progressive bets is player bankroll. And honestly, most players wound't be willing to risk that much money for that little profit. But then again, most people aren't smart or brave enough to test these strategies.

i dont believe in progresives its only for make publicity,but congrat to winners