PROJECT 202 RULES

We are now ready to present the rules of PROJECT 202. If you feel I have spent too much time explaining the basis of PROJECT 202, please understand that I must lay the proper foundation for the rules or you would not understand the reasoning behind the rules. Many things you have read up to now, will surface later and you will feel comfortable with what has been said, since you will understand better.

As we have seen in prior examples, the results can be altered to our advantage, when we adjust our betting scale according to some preconceived plan. The major problem would seem to be how to adjust this betting scale when results are not going favorably.

But this is not such a problem. When you approach a gambling table, slot machine, or even a day at the races, your results can be measured at different levels of success or failure. It does not take long to determine how things are going. These "levels" can also be used to determine what our betting scale will be. What I mean i s . . . we can adjust our level of betting to conform to the level of success we are having. This is the only way to know when a slightly higher bet may be necessary. I am not talking about a steep progression, such as raising bets after each loss. This is the sure way to disaster. It is also not necessary. When we encounter a losing series, in which I mean more bets are lost than won, you would only make it worse if you raised your bets after each loss. This would cause you to lose more than if you were betting flat bets.

But if we bet the same amount during this losing series, on each wager, and then adjusted our bets upward slightly for the next series, it would not take as long in this second series to make up prior losses. For example, suppose we encounter the following win/loss sequence (it does not matter what the game is we are playing...only the series of wins and losses at this point is important):

W L W L L L W L W L L

Using the above sequence and betting units of ten on each result, we see we are 30 units behind after the series. Now in all games in any casino including slot machines the most fixed percentage they have against you is about 5%. Some games are slightly more, some are much less. Even horse racing, with the worst method you will lose about 10% of total money wagered with flat bets. This works out to about 45 to 47 winning bets and 53 to 55 losing bets, with slight variations. So the above sequence of results are much worse than you should encounter mathematically. They represent about a 28% edge over the player. But we will use them anyway to prove a point.

Back to our example. When we ended the last series we were 30 units behind. So lets raise our bets slightly to adjust to the level of results which we just encountered. Let us raise our bets just 20% for the next series to see what effect this will have. In our second series we encounter the following sequence of results:

L W W L W L W W L W L

As the series ended we had a profit of 12 units. Six wins and five losses with our bets 20% higher than in the last series. We are now a total of 18 units behind .. .with our overall win/loss results at 10 total wins and 12 total losses. Now we will adjust our bets slightly upward since we are still in the red. We will raise them again 20% for the next sequence to 14 units. We will use 14 so calculating will be easier. The third series follows:

L W L W W L W W L W

Now as the series above ends we are 28 units ahead, because we were betting 14 on each result and we won six and lost four. Overall, for the last three series we have won 16 bets and lost 16 bets. But overall, for our betting, we are 10 units ahead. We should be even but we are ahead! And we did this, not by doubling our bets or even raising them dramatically, but by just adjusting our wagers slightly upward 20% to the level necessary to overcome the earlier series.

Now do not jump to any conclusions yet. Don't run out thinking you have PROJECT 202 down pat, and are ready to attack the world of gambling head on. There are many things to learn. The above examples were a peek into things to come.

Now when we encounter a winning series when we first play we must protect those wins for the next series. So we will adjust our bets DOWNWARD for the next series. The amount we adjust our bets will be determined by the capital we had when we first began playing in relation to how much we have now. This is the same for both wins and losses. For example, if we bring $100 to the game, whatever the game is, and after the series, we have lost $20, we have lost 20% of our capital, so therefore our bets for the next series will be adjusted according to this figure.

This would also work in the same manner if we were to win 20% on that first series. The bets for the next series would be adjusted downward because of the winning sequence.

Now the first question comes to mind, how long is a series, and how do we know when to quit the series and begin another? This will depend on the game we are playing and the number of losses we have had within a given number of results. We will break these different games down according to fixed percentage numbers so you will know how to apply PROJECT 202 to each one.

What has been presented so far brings us to the first rule of PROJECT 202:

The first series will begin with flat bets (all bets of the same size). The duration of series will be

according to the table...A-l. Once the series has ended, we will adjust our wagers according to the table...A-2.

Project 202 Rules Chart 1

* Pass Line and Don't Pass bets only.

** Even bets only. (Red/black-high/low etc.)

*** Even bets only

**** With enclosed systems only. See racing section on how to apply to other selection methods.

***** Except for KENO. Use rating FOUR for KENO.

The above table was assembled after much research. It is based on the fixed percentages of each game in relation to how many decisions are necessary to obtain results which are as close to probability as necessary... for each game.

This table means, when you have had the listed number of decisions for the game you are playing...over 85% of the time (86.2% exactly) the results will be nearly the same if you continued playing. If you played 25 hands of LIVE Blackjack and had the following results...10 losses and 10 wins and 5 pushes (ties)...there is an 85% probability the results for a continued series would be the same. This means immediate results. The longer the duration the further the additional results would be from the original 25 decisions, We know then to stop the series and begin another with the altered bet size to take advantage of the expected results for the second series.

The following table will tell us how to adjust our bets when we end the first series.

Project 202 Rules Table 1

*For machines under $1, do not decrease bets.

The above table will tell us how to handle the series after the first series has been played. It reads as follows...the rating number which tells us the series duration (see Table A-l) for each game is listed in parentheses, the number with the percent symbol tells us how much to increase or lower our bets after the first series has been played.

Sometimes we will make the same size bets and this will be listed as "Bet same as first series". I hope now you can see the beauty of PROJECT 202, Unlike many methods which increase bets after each and every loss with no adjustment for any good periods which have added to capital or any adjustment which may have shown the series to end up with a profit even if the early part of it was no good. To simply increase bets the same amount all the time after a loss without knowing what the total affect of the loss is on the capital you started w i t h . . . is ineffective! Why raise your bets from one unit to two units...almost 100%, when you don't even know how your current session will end? It makes no sense. This is how all gamblers go broke.

The only sensible way to win is to adjust your future bets based on what your past sessions have done. This method is so powerful...it is impossible to lose in the long run. Even flat bets cannot compare to this system of betting. I will give you an example of PROJECT 202 as compared to flat bets. Even when you win, with flat bets, you lose when you compare the results to PROJECT 202. But first, let me explain Table A-2.

Do not think you will have to carry around a copy of the tables and consult them to know what your next move is. The only thing you must do is look at Table A-2 after your session to see how to begin your next session. That i s . . . if you do not have it memorized. It may look complicated at first, but when you are playing a specific game, the only information you need is for that game.

Let us say we are playing Blackjack. This is Number ONE rating.

(See Table A-l). We are keeping track of the number of decisions for our series, and after 25 decisions we see that we have lost about $40 out of our $200 capital. Capital requirements and methods for keeping track of each series will be explained shortly.

They are very easy so don't be scared off. Back to our example.

We have lost $40 out of $200, which is 20%. So we see that after our first session we have a capital decrease of 20%. Go to the top of Table A-2, under CAPITAL DECREASE. Look down to the column 11% to 20%...then look across to the right and you will see ( 1 ) 10%. We are playing a Rating One game, so we know to increase our bets for the next session by 10%. We will keep our bets for the next session at 10% higher than the first, and then make another adjustment after the second session is over (second session or "series duration" is 25 consecutive plays, as are all series durations for Rating One games). Now, if after the second session (25 consecutive decisions), we are still behind 20% or less, we will continue our bets at the same 10% higher amount than the bets in the first series. If we are more than 20% behind after the second series, we will adjust our bets for the third series according to table A-2. As you can see, in this case we would increase our bets for the third series by 20%. Now this means 20% higher than our bets from the first series, not 20% higher than the prior series. So if we started with $10 bets in the first series, and we had to increase our bets 10% in the second series, and then we had to increase our bets in the third series to 20%, those bets would be $12. I will list the specific rules shortly. I just wanted to explain this chart right off so you would not be confused too long before I explained it. It is simple when the only information we need is for a specific game.

The next specific rule for PROJECT 202, is as follows;

The second series bets will be based on Table A-25 Using our beginning capital to determine the percentage of increase, or decrease, in that capital. J8Ii» Table A-2 will tell us the percentage of our bets which will be increased or decreased. There are some specific situations which will arise. The following rules will cover those special situations.

When we end a series and we are still behind with our percentage of capital, we will continue betting the same amount as the prior series...UNTIL THE FOURTH SERIES ! If after three series we are still in a decreased percentage with our capital, the next series...you will DOUBLE the recommended bet increase in Table A-2. You will then increase your bets using that bet increased number...until three more series, or unless you have shown a profit and your capital is in a positive situation. Once again, if after the next three series you are still negative capital-wise, you will again DOUBLE that number of percentage increase. But you will never increase your bets beyond 2\ times the original wager in the first series (250%).

Now let's explain. Don't get worried here. It is not as difficult as it sounds. Let me clarify a few things. First, remember we are talking about those instances when you are having a "capital decrease".

Follow along with what I say.

  • If after the first series you are down 20% with your capital, and you are playing a rating ONE game, your next series bets will be 10% higher (let us assume we started with 10 unit bets).
  • Now suppose you have ended the second series and you are still down 20% OR LESS with your capital, you will then continue with your 11 unit bets.
  • You have now ended the third series and you are still behind 20% or less with the capital. You will now DOUBLE the recommended percentage for a bet increase. So you would begin the fourth series betting 12 units, the 10% listed...doubled.
  • After betting each of the fourth, fifth and sixth series you are still 20% or less behind, for the seventh series you would again double the percentage you had been betting...which would be 40%, or 14 units.
  • Continuing on to your next three series, which ends with you still behind in capital 20% or less, so for the 10th series, you would double the 40% bet increase and make it 80%...with your bets at 18 units for the 10th series.
  • If you go three more series with the percentage of capital still 20% or less behind, you would double the percentage of increase again like s o . . . 80% X 2=160%...which would be 16 extra units for a total of 26 units. BUT, we have a 2\ times bet limit increase (250%) so your biggest bet would be only 25 units. You would continue with that base bet until your capital was in a positive percentage situation.

If the capital decrease is over the original 20% decline you would use that figure as in Table A-2, in the last column... listed "over 20%". You would then double those figures as mentioned above. As you can see the whole procedure is very simple. You will not need to use the tables after awhile, because you will have it in memory.

Since you only have to remember the increases for the game you are playing at the time.

The next rule will handle the situations when our capital is in a INCREASED percentage state. After that I will explain several points about SLOT MACHINE play, and the increases and decreases in bets. When we end a series and we are AHEAD in percentage of capital we will continue betting the same amount as the prior series, as long as we are in a positive capital situation and are ahead the same percentage of capital. If our capital increases over the percentage of the prior series, we will adjust our bets down as the recommended percentages in TABLE A-2 dictate. But, we never exceed the percentages in TABLE A-2, as we did in the prior rule concerning capital decrease. WE ONLY USE THE PERCENTAGES AS LISTED IN TABLE A-2... and we do not go any lower.

What this rule means is, if you go beyond the third series and you are still ahead you do not go in reverse of the prior rule and double the percentage of bet decrease. You simply continue to bet the same as the table says to, increasing only when the capital increase continues. So if you ended the first series with your capital 10% over what is was when you started and you were playing a rating ONE game, you would bet 10% less with the second series, which would be 9 units if you started with a 10 unit bet.

Now suppose you ended the third series with a 25% capital increase overall...you would start the fourth series with a 20% decrease in wagers which would be 8 units. You would never go lower than that since the chart says over 20%...would mean a 20% decrease for rating ONE game. We do not double the percentages as in our capital decrease rule. Just use the percentages as listed.

Now do not worry, I will summarize the rules later and outline the entire procedure. Once you see the simple way to calculate your bets the whole procedure will fall in line. It is so very simple...much more simple than the detailed explanations here. I am trying not to leave any details out at this point, so there will be a rule for each problem you may encounter. But you should not have any problems. The tables are guides which make* it easier for me to show you the procedure for each game, not meant to be arrived and consulted at every chance. It is not necessary, and it was not meant to be used in this manner. Later in this text I will have a section which will cover the procedure for each specific game. You will know exactly how to play the game of your choice.

*If you look at TABLE A-2 you will see an asterisk for each number three rating, which is SLOT MACHINES. We will need to adjust our bets at slot machines differently than for other games because of the limitations of coinage we can use. If you start with a 25¢ bet, you cannot increase that to 30¢ because there are no 30¢ machines. So we must make adjustments in other ways.

We will do this in several ways. Suppose you are at a 25¢ machine and you must increase your bets 25%. You cannot bet 31¢, so you must increase you bets by playing another machine or by increasing your action. In other words play two machines. Even though you cannot increase the bets the exact percentages, when playing machines under one dollar, you must use the chart in the best way. This is what I do.

I never play anything less than a $1 machine now, but when I did, I played the machines which will accept one to five coins. You may bet as low as one quarter and as high as five quarters with these machines.

The way I play now is, to seek out dollar machines next to quarter machines, or play several machines which are a 25¢ machine all at once.

This way I can increase my bets as I wish and as the chart calls for.

But for the 25¢ player you must double your bets after each series as the table says. Do this with either a one to five coin machine, or by playing two, then three, then four machines. This way you can increase as you wish. But do not DECREASE your action when playing 25¢ as a start. And when you are playing $1 machines, and you must decrease, move to 25* machines to decrease the right amount.

For heavens sake, don't get into the trap of thinking the machine you are playing is a lucky machine and you do not want to move from it!

You are the one who is experiencing the series of decisions...not the machine! The favorable or unfavorable situation will continue in whatever way the percentages dictate, no matter what machine you play! Please believe this, and don't fall into thinking the machine is playing loose. The overall percentages are based on your own series.

SUMMARIZATION OF RULES

I will now summarize the rules of PROJECT 202 so you will be able to clarify any statements made earlier. Although the rules are simple, you must pay attention to the details of each one. If you have read the earlier text you will understand the rules much easier, Since it laid the foundation for what I have said.

* We will begin our first series with bets of the same size. The series duration for the game we are playing is given in TABLE A-l. After the first series, we will adjust our wagers for the second series, and all following series, according to TABLE A-2.

* We will use our beginning capital to determine the percentage of INCREASE (gain) or DECREASE (loss). Use TABLE A-2 to tell the proper percentage of increase or decrease in the second series and all following series...in regard to the size of wagers.

* Any series which is ended with a decrease in capital will call for the following series to INCREASE wagers. The exact percentage of increase will be determined by TABLE A-2. You will continue to wager the same amount of percentage increase in wagers for each three series," after which you will double the suggested increase, if at the end of each three-series set you are still in a DECREASED capital situation. After each series you will determine the percentage of increase of wagers by the total capital percentage decrease.

* You may double the percentages after each three series set, but you do not under any circumstances go beyond a 250% increase in wagers from the first series bets ($10 first series bet, would mean a $25 limit bet-250% etc.).

* Any series which is ended with an increase in capital, will call for a DECREASE in wagers for the following series. The wagers will be decreased according to the limits in TABLE A-2. But, we will never go beyond the percentages as listed in the TABLE A-2 (as we did in the two previous rules above).

* When any series which was in a DECREASED capital situation, shows a profit overall after that series, the next series will begin as another first series, and the rules governing first series and beyond will once again be in force

* When any series which was in an INCREASED capital situation, ends any series with an overall capital DECREASE, the next series will begin as another first series with the rules for the first series and beyond to be followed.

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