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The Labouchere Betting System

Another blackjack betting strategy that has worked well for me is the Labouchere system. It is also sometimes referred to as the "Split Martingale". This betting strategy is considered to be a negative progression system. There are many variations of the Labouchere system, but I am going to show you one that has worked for me particularly well.

To begin this betting strategy, you must first write down a series of numbers such as 1 2 3 4 5 6. The numbers you write don't have to be in order, and can be long or short. These numbers represent betting units.

Here is an example, let's say you are using the 1 2 3 4 5 6 betting series. Your first bet will be 7 units (the first number, 1 unit, plus the last number 6 units). If you were playing blackjack at a base unit of $5, the first bet would be 7 units x $5 per unit = $35. If you win, you then cross out the 6 and the 1 and bet a total of 7 units again (5 +2). If you lose you add two numbers back (6+1).

Each number represents the amount in chips that you are going to bet. You add up the first and last numbers in the series and that is the amount of units you will bet. Once you have rotated through your entire series of numbers by winning each bet, you then start over from the beginning. By using the Labouchere betting system, you will always turn a profit when you finally finish cycling through your entire betting series by winning all bets.

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