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Thursday, April 8, 2004
If you don't want to risk a large bankroll, while using an effective strategy, then PerryB's Stepladder Strategy on the Dark Side is the right one for you.
PerryB's methods are quite appreciated as the following discussion forum post shows:
"I am a big fan of PerryB. His strategy
and thinking are right on target. My thoughts on money management is set a
win goal and a loss goal before you go to the casino. DO THIS EVERY TIME. My
win goal is 3 units and my loss limit is 5 units. I play an up as you win
progression where the bets are from 1 to 3 or 4 units. If you reach the loss
limit you MUST stop. By using this method of wagering you will limit your
stay at the casino and not play too many decisions. I have realized that the
key is not to play more at a lower amount but to play less with a larger
starting bet. If you start with a bank of $100 and your first bet is $5 and
you want to win $50 your chances of succeeding are not good. If not playing
odds you will have to win 10 more bets than you lose and if you are betting
the same amount. What I would do is start with a bet of at least $20, try to
win $60 and set a loss limit of $100, not a cent more.
PerryB has some improvements over his Step-Ladder Strategy on the Dark Side designed for Craps, that he posted in the discussion forum. Before the improvements, let's see what this strategy is all about:
"It's betting that a new shooter will not make 2 consecutive pass line wins.
All bets are on the Don’t Pass line, with no odds with 3 stages, totaling 21 units.
Stage 1: 1, 2.
The basic betting progression uses d’Alembert, that is:
After a loss, increase
the next bet by 1 unit.
The tracking method: before making the first bet, track the table until a shooter makes at least 2 consecutive pass line wins and then a 7-out before starting the betting progression against the next shooter.
Start with a 1-unit
bet against a new shooter.
Start with 3 units
against the next shooter.
If no bets have been won up to this point, stage 3 should be cancelled, & the session ended.
Stage 3 (optional)
Start with 5 units
against the next shooter.
A profit position of 3 units at any time should end the session, and use the tracking method again when starting a new session.
Q: Why the (d’Alembert) betting progression?
A: Going up 1 unit after a loss, and down 1 unit after a win produces 1-unit profits when the “lose one / win one”, or “win one / lose one” patterns occur. A session consisting of the same number of winning and losing bets is a winning session.
Q: Why not martingale? (doubling-up)
A: Martingale requires 3 times the risk capital for the same number of bets, and 1 losing session can set you back many sessions of hard-earned profits. (Martingale may be used for 2 stages only.)
Q: Why stop after only 2 consecutive losses?
A: To avoid losing all of your session money on only one shooter.
Q: Why use the tracking method?
A: To avoid the potential loss of one betting stage, and effectively give you 3 or 4 stages while only actually betting 2 or 3.
Q: Why revert back to stage 1 after winning the 3-unit bet?
A: You don’t ever want to be making higher bets than necessary. Protect your session money at all times.
Q: Why end the session after only 3 (optional) stages?
A: Betting a 4th stage would require an additional 15 units, and more than 3 consecutive wins to get back to even.
Q: Why not make the 6-unit bet after losing 4 and 5?
A: In order to preserve the betting strategy of 2 bets against the next shooter, it would require an additional 7-unit bet to follow a losing 6.
Q: Why revert back to stage 1 after winning 6, 5, and 4 ?
A: For the same reason as after a winning 3-unit bet. (see above)
Q: Why cancel stage 3 after 4 consecutive losses?
A: Winning sessions are usually made within the first 2 stages. Recovery at the stage 3 level requires 3 consecutive wins to get even, and is only about a 50% probability. (that’s why stage 3 is optional.) Be prepared to take occasionally small losses, as opposed to double losses half as often.
Q: Why end the session with a profit of only 3 units ?
A: 3 out of only 10 or 12 units at risk (for 2 stages) is a profit of 25 - 30% for only 1 winning session. Avoiding the risk of losing back 3 hard-earned units to only 2 consecutive losing bets is another practice in strict discipline. Track them - don’t lose them.
Important: all 1-unit profits from winning bets should be locked up, and never be brought into play during the current session. In the event of the loss of all 3 stages, they will make the buy-in for a new session that much less than the required 21 units."
This is what PerryB has to say about the improvements of this strategy, posted in the LTW discussion forum:
"The Stepladder (craps) strategy for
the dark side (Don't Pass) was originally designed to take not more than 2
losses per betting stage against a new shooter. With 2 losses to 2
consecutive Pass line wins by a shooter, each stage is ended, and no further
betting takes place against that shooter. (Stage 2 starts only against the
next shooter after a seven-out.)
Thanking PerryB for his great method.
Wishing you all the best,
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