THE 1-2-3-4 SYSTEM

I can't let you out of this section without telling you about a wagering device that is frequently used by seasoned players. Think of this one as a one-way D'Alembert, which has been blessed with a four unit ceiling.

This system calls for you to increase your bet size by one unit after every loss until you win, or reach the four unit level. If you don't get a win there, the series is over.

The word "system" is used rather loosely here, because this is more a technique than a system. If played on that basis, I have no strong objections to it. If goves you a strong chance to win, without compelling you to mop up a huge mess when it fails (unless you can't stomach a 10 unit loss). Now, once you reach the third stage, all you're shooting for is to get all or most of your money back, with no hope of showing a profit for the series. But it usually keeps you in the game, and that counts for something.

Although it was designed for even money bets, the 1-2-3-4 can be used for other bets, preferably those which pay somewhere between even money and 2-1. Depending on the payoffs of the bet you're pursuing, it would be possible to garner a profit regardless the stage you're at when the win occurs.

Year's ago, I used this technique quite a bit. But these days, I find that I am more conservative. I seldom chase anything for more than 2 or 3 stages, even with bets that pay 2-1. Time and seasoning have taught me that if you don't catch something early, the prudent move is to abandon the chase. At the next opportunity you'll get your man.

It helps to have that inner knowledge.