
Originally Posted by
McMoney
Hi,
Here's an example: (betting on red or black, which pays 1 to 1)
Bet 1 $5 - Lose
Bet 2 $5 - Lose
Bet 3 $10 - Lose
$20
$50
$100
$200
Bet 8 $400 - Win!
So that betting progression allows 8 spins before you hit the max bet, as the 9th bet would be above $500 which is not allowed. The reason for the two $5 bets at the start is we're betting to either make a profit, or break even.
If you bet $5 and win, the next bet would be $5. Only applying the progression on a loss bet.
So again to clarify, I seek to know the best betting progression between $5 and $500 that will last 8 spins, and is the most profitable when you hit a win... assuming it could hit any time.
Hope that makes sense!