General look at some bet methods

[GLC]

As we all know, there are a variety of betting methods that can be employed with any given bet selection.


Flat bet - Martingale - D'Alembert - Fibonacci - Parlay - Labouchere - Reverse Labouchere.


Each of these bet methods has some basic characteristics to be considered when deciding which to use.


The safest is the flat bet.  It usually requires the smallest bank.  Unfortunately, it also offers the least reward.


A martingale is probably the most volatile.  It requires a very large bank and offers a small reward.


D'Alembert is a middle of the road method.  Medium size bank,  medium to low risk and med reward.


Labouchere offers low risk, medium to high reward and a medium to large bank.


Reverse Labby offers low to medium risk, medium to high reward and medium to low bank.


Fibonacci offers medium risk, medium reward and a large bank.


Parlay offers medium to low risk, low to medium reward and a medium size bank.


From my experience of playing around with bet progressions, bet methods, systems, reading other authors, etc...  If I had to pick a bet method to play for the rest of my life that I thought would offer the best chance to win with the least risk of bank, I would choose the Reverse Labourchere.


I know that I don't design any system based on this bet method, but logically I think it is the king overall.


When I have tried it in the past, I have had average luck with it.  I didn't like the starting line suggested because it was always too large for me.  I have been toying with starting with a 1.


That means if I lose the first bet, that progression is finished with -1.  But, if I start winning, there is possibly no end to how much I can win.  Granted, there will be a lot of -1's to start with and I will have to set a method to prevent losing once I get past a certain level of wins, but every now and then, the sky's the limit.


I can also control completely how much I want to risk at each trip to the casino.


I can also start out with a line like 1-1-1-1-1-1-1-1-2-2-2-2-2-2.  This risks 20 units and gives me plenty of opportunities to have a good run that can give a good win.


Where is my thinking off? 


Any observations from my fellow forum members?


George

[VLS]

Thanks for the analysis dear GLC... Reverse Fibonacci sure deserves its share of analysis


Have you toyed with it?



Vic