The down spikes suggest a Labouchere and not RevLab...

Just saying.

Thanks for reviving the thread.

I had worked on this a bit then got carried away by life..

Hi Bibbroben,

I have just reviewed the rules on the Reverse Labouchere, and I realize I am not implementing exactly the same process but the result is an amazing new progression. Let me just briefly explain the process I am following (which I now realize is not a Reverse Labouchere). I have applied this to Splits so it is not on an Even Chances Bet which I believe where the uniqueness lies

1. I define the amount of money I wish to make eg 200 units

2. I define an initial element size of my sequence eg 50 units

3. I create a sequence of size 50 units to get a total of 200 units

50 + 50 + 50 + 50

Now, originally I defined a Labouchere type bet and performed the following

Labouchere Rules

--------------------------

1. Betting on Splits paying 17:1 I added the first and last numbers.

50 + 50 = 100 units

2. Since a payout on splits is 17:1 I divided the total by 17

100 /17 = 5.88 units

round to 6 units

3. As I am betting more than 1 split I need to take this amount into account.

So If I am betting 5 splits, my cost will be 6 units x 5 = 30 units.

4. Add the cost of the bet to the original amount

100 + 30 = 130 units

5. Now recalculate the unit size for a win

130 / 17 = 7.65 units

round to 8

So now I bet 8 units on all splits selected

Possible Outcomes

----------------------------

1a. Win Split

8 units x 17 - (5 splits x 8units)

= 136 - 40 units

= 96 units

1b Update sequence by REMOVING 96 units from the last and first numbers

~~50~~ + 50 + 50 +

~~50~~but the two number add up to 100 units not 96 units. So we have 4 units unaccounted for. To handle this I cross off as much of the 96 units as I can starting from the last number in the sequence. my New sequence is

4+

~~50~~ + 50 + 50 +

~~50~~ 4 + 50 + 50

2a Lose Split - add the loss to the sequence

(5 splits x 8units)

= 40 units

2b Update sequence by ADDING 40 units

50+ 50 + 50 + 50 + 40

Reverse Labouchere Rules

--------------------------------------

Now this is where what I am doing is not exactly Reverse Labouchere

Use same rules as above to define your sequence and get your bet size for a split

Possible Outcomes

----------------------------

1a. Win Split

8 units x 17 - (5 splits x 8 units)

= 136 - 40 units

= 96 units

1b Update sequence by ADDING won units to the sequence

50+ 50 + 50 + 50 + 96

2a Lose Split - Update sequence by REMOVING units lost from the last and first numbers

= 5 splits x 8 units

= 40 units

2b Update sequence by REMOVING 40 units

~~50~~ + 50 + 50 +

~~50~~but the two number add up to 100 units not 40 units. So we have 60 units unaccounted for. To handle this I cross off as much of the 40 units as I can starting from the last number in the sequence. my New sequence is

50 + 50 + 50 +

~~50~~ +10

new sequence is 50 + 50 + 50 + 10

Now because this is a reverse labouchere where a winning streak will result in the sequence growing we need to place a limit on how large the sequence can grow. So once this sequence has grown to a fixed number of elements or a fixed sum we reset the sequence

Now what I have done above does not make mathematical sence in that the end profit I will get once crossing off the numbers does not equal my original goal but what I have realized is that you can control your bet size on say splits while getting a reqard of 17:1 for each win. This can be done for other payouts like straights paying 35:1 or streets paring 11:1

If anyone can improve on the idea or improve the rules we may help to come up with a new progression not yet thought of

Cheers,

Ricky