To get a better understanding the Negative Progression betting system, you will be betting more when you are losing and less when you are winning. Now since you never know whether you are in a winning or a losing streak until it has ended, you are relying on the system to keep you in the game and build your fortunes.
The Negative Progression betting system works well for Blackjack, especially if you have an understanding of basic strategy. When you know when to stay, hit, or double, you are going to be in the best position to win more than you lose. If you are not familiar with basic Blackjack strategy, now would be a good time so you are not losing hands that you should be winning.
To show you how the Negative Progression betting system works in a real-time scenario, for this example we are only going to be placing bets of $5. To understand the Negative Progression betting system in the most basic form, you will be increasing your bets as you lose, then decreasing your bet back to the minimum after any win.
So let’s look at the system as it would play out in a real Blackjack session. So you place your $5 bet on the table, and you win the hand. The next hand you would bet $5 again, and if you win, you are up $10 so far. As long as you are in a winning streak, you have to stay committed to only betting $5 at a time because these little wins are going to slowly add up.
Now let us assume you placed a $5 bet and you lost the hand. Here’s how the Negative Progression betting system works. The next hand you are going to bet $10. If you lose this hand you must bet $15, and keep upping your bet until you finally win a hand. Once you win a hand, you drop back to the original $5 bet.
Take a close look at what happening in this scenario. For example, we played 7 hands. You won the first 3 hands, so you won $15. You lost the next three hands, but because you were increasing the bet amount after those losses, you broke even by the time you won a hand. So after 3 initial wins, 3 losses, then one win, you netted $15 profit. That is a great win considering you only won one more hand than you lost.