BANKROLL & RECOVERY SETS
There is no such thing as an absolutely, one hundred percent, perfect strategy. That unbelievable long string of losses is bound to come your way sooner or later. When it does, you can lose everything it took months to win if you don't have a stopping point. That is why you will have a daily bankroll. Your daily bankroll is your daily limit. If you ever lose it, you have reached your stopping point for the day. It all boils down to the following synopsis.
- A single win followed by a loss cancels out.
- With a fifty-fifty chance of winning, you have as good a chance as the casino does in obtaining two consecutive wins.
- It takes two consecutive wins, either by you or the dealer, for the progression set to continue to go up.
- If the house gets two consecutive wins, it results in you taking just one step up the progression ladder.
- If you get two consecutive wins, it results in a profit and the set is over. For the house to win your daily bankroll it will have to obtain and maintain about a six to one ratio over you, in consecutive wins, for quite a while. Enough time to play a primary and two recovery sessions. If that happens, then it is not your day for gambling and you should stop.
Don't worry about it. All you lost was one day's bankroll. The Star System gives you an excellent chance to come back and win every day for the next several months. Whether you plan to continue or not, that is the end of that day's session.
A day's session is that period of time from where you make your first bet of the day until you achieve your win goal or lose your bankroll. A days session consist of at least three playing sessions.
A playing session is that period of time from where you make your first bet of a set until you lose the set. A playing session may be made up of many sets (as in a tennis match). A set can be anything from two attempts to twenty or more.
Your win goal can be any amount up to your daily bankroll. If your bankroll is five hundred dollars, your win goal can be any amount you choose, so long as it is not over five hundred dollars.
You should also set yourself a time limit and stop whenever you reach one or the other.
In the game of LIVE Dealer blackjack, statistics show that you will win twenty five cents per hand per one dollar base bet. Example: If you are playing a primary base bet of ten dollars, you will average winning $2.50 per hand over the long run.
Knowing that, you can easily determine a realistic goal. Let's say you decide to play Blackjack. You decide to use five dollars as your base bet. You should know, with everything being normal, you will average winning about $1.25 per wager. At a full table you will probably average playing about 60-70 hands an hour. That being the case, you should expect to win about $80 per hour. If not, then the deck is cold, and you should think about moving on to another table. If your winnings are considerably more, you may want to play longer until your winning streak begins to ebb.
Practically every book on the subject of blackjack will recommend that you hold your playing sessions down to forty five minutes or an hour. This procedure is intended to keep you from getting tired plus being spotted as a card counter. If you're making crazy plays and bets and winning - obviously being lucky – you are not going to draw much attention from the casino. People have lucky streaks all the time and the casinos expect it. They also rightfully expect to win it all back, plus more, if that individual will continue to play for a while.
If it becomes obvious that you are making all the right moves at the right time, and consistently winning, you will start being watched. With all the activity going on in a casino, it will probably take about an hour before they will begin to suspect and watch you more closely. That is why you should hold your playing sessions down to about an hour at any one casino. You don't want to get barred. Also, you don't want them to learn your system.
The bankroll required to play this system is two hundred times your starting base bet. Example: If you want to play a one dollar base bet you should have a two hundred dollar bankroll.
The reverse is also true. If you have a sum of money and are wondering what your primary base bet should be, you divide by two hundred. Example: If you have a six hundred dollar bankroll then you could play a three dollar maximum base bet.
That amount of money will let you play one primary session and two recovery sessions if you lost your first twenty-one wagers of the day; That is highly unlikely. It will also give you a 10% pad. Almost all of the time, you will find that you didn't even need ten percent of your bankroll to be off and running in good shape. If you ever do lose your daily bankroll, then it's time to stop for the remainder of the day.
To continue on, at the same rate of progression, gets expensive fast. The next session - it may only be nine attempts long - could cost you double what the total of the three previous sessions cost you. That is enough money to bankroll you for two more days. You are already on a bad losing streak so why risk it.
Quit, while you can get out cheap. Tomorrow you can move to another casino and double your starting base bet if you want to.
That would involve the same amount of money as that required for a third recovery session, and your chances of winning have become vastly improved. In other words, it is enough to finance three normal playing sessions instead of just one large recovery session.
Mental attitude is another reason you should quit if you lose your daily bankroll. I guarantee, if someone's luck is running so bad that they lose their daily bankroll, it is going to affect their mental attitude. Almost everyone will try to double up to catch up. It is during these times they may be tempted to throw out the pre-progression bets or even add another step to the progression ladder.
All I can say is, Don't. Granted, most of the time you will get away with it. But, the first time you don't, can wipe out many days profit. Failure to stick with the game plan is what prevents almost all good gamblers from becoming professionals. They know they should be winning, and when their not, they just keep increasing their bets until all cash and credit is gone. Somehow they have forgotten; That inevitable long losing streak is going to come everyone's way sooner or later. If you don't have a preset daily bankroll and use it, then you may find yourself with serious money problems.
What is your hurry? You can gamble every day for the rest of your life if you want to. If you are using the Star System, and its recommended daily bankroll, you should never have any financial problems as a result of your gambling.
About a years time was spent experimenting with recovery sessions. Many different versions and mathematical formulas were tried and many worked. Some looked great for a while, but would eventually fail when that long losing streak refused to go away.
Others would allow you to play five or more recovery sessions with a daily bankroll. They resulted in an excess amount of time being spent with little or no profit being shown. The final results are:
two recovery sessions are sufficient and offer the best compromise.
Each of these sessions will have a primary base bet that is double that of the previous lost session. For example: You start your day off using a base bet of two dollars - requires a $400 bankroll - and you lose the set (also a session). You would then begin your first recovery set using four dollars as your base bet.
If you also lost that set (& session), you would begin your second recovery session with a twelve dollar base bet.
An easy to make mistake is to double the four and use eight instead of twelve. Don't forget, you have just lost a two dollar base bet primary session, plus a four dollar base bet recovery session. That totals up to six and when doubled the answer is twelve. If you lose the twelve dollar base bet recovery session, you have lost your daily bankroll. You should still have ten percent or forty dollars left with which to go eat or relax at the slots if you want to.
Your primary session and recovery sessions are structured the same. There is one important change to make about their application. This change in application only occurs in one instance. It is important that you remember it. It only occurs when starting a recovery session after losing the previous session.
Because you just lost a session, the house has now obtained a nine to one ratio over you concerning consecutive wins. The ratio should be averaging fifty-fifty. You are way over due for the cycle to swing back around to your favor. For that reason, you do not want to start your recovery session making minimal pre-progression bets. Instead, total up all your pre-progression bets and bet their sum as just one pre-progression bet. If you win, you let it ride, just as you always do when betting pre-progression numbers. If you lose, then you advance to your progression ladder just as always.
The first time you receive two consecutive wins you then go back to using all four pre-progression numbers if more sets are required. In other words, it only applies to the first set of a recovery session. After that, you resume all four pre-progression bets in the succeeding sets of the recovery session. The reason for going back to four pre-progression bets is because you have just achieved two wins. The odds are against receiving two more, thereby making it four in a row.
In order to clear up any unclear parts of the above procedure lets review it again. This will be the same procedure you use in your everyday play. Let's say you have 2 thousand dollars for a bankroll and are wondering what is the maximum base bet you can use.
Two thousand divided by two hundred equals ten. Ten dollars is your maximum base bet for a two thousand dollar bankroll.
You begin to play and lose the set and session. That results in you being two hundred dollars down. Divide two hundred by ten and the answer is twenty. Twenty dollars will be the base bet in your first recovery session. You decide to use 4-4-4-8 as your preprogression bets. Now comes the change in procedure.
Since you just lost a set and session, you don't want to switch back to using low pre-progression bets now. Instead, bet the whole twenty dollars as one pre-progression bet. If you win, let it ride, just as you always do when in your pre-progression bets. If you lose, you go right into your progression ladder and make another twenty dollar bet, which is the normal first step of the ladder.
Everything is just the same from there on out. If you win a set and start another set, within the same recovery session, you go back to using all four pre-progression numbers.
If you lost your first recovery session and it became necessary to start a second recovery session you would repeat the procedure. If you lost your second recovery session and your daily bankroll is gone, it is time to quit for the day. You should still have at least ten percent of your bankroll left.
That ten percent will come in handy for certain situations. For example, you may get on a good winning streak and decide to bump a bet up a little (a side bet you might say). If it wasn't for the ten percent pad you would have to borrow from your next step on the progression ladder. With the pad, you don't have to worry about that. Just continue on as you normally would have done. It especially comes in handy in the game of blackjack. It allows you to split pairs or go down for doubles without having to use (or borrow) monies from the next step of your progression ladder. You may need that extra step to win the set.
Statistics thus far in chapter three are based on the assumption that you began your day with a losing streak, and are winning less than thirty percent of the time. That seldom will be the case, but it served its purpose because it shows you the foundation on which the system is built.
What happens if you are consistently winning, but hit a losing streak that causes you to lose the session prior to obtaining your win goal? How do you figure your new base bet? The answer has already been shown but not explained. It is very simple. You always divide the amount you are down by ten. The answer will be your new base bet for the next session known as a recovery session.
That accomplishes the same thing as losing a session straight out and doubling your base bet except now it is on a sliding scale. Example: Let's say that you are using a five dollar base bet and are playing your first set of the day. You win forty dollars, hit a losing streak and lose the session. You are only sixty dollars down because you won forty prior to losing the session.
Divide sixty by ten and the answer is six. Six dollars, instead of ten, will be your new base bet for your recovery session. By using this procedure you can now lose as many as four, five, or possibly more sessions before your daily bankroll is exhausted.
You use this procedure only after losing a session. You do not use it when the previous set was won, which will be the norm when playing recoveries. Example: You start out using a five dollar base bet and lose the set (& session) in nine consecutive attempts. You would then be one hundred dollars down. Divide by ten and you know to start a recovery session using a ten dollar base bet. You proceed to win the set and make a fifty dollar profit. Now you are only fifty dollars down. You do not divide the fifty dollars by ten and use a five dollar base bet. You remain with the ten dollar base bet (using four pre-progression #s) until you recover the entire one hundred dollars or lose the session. It may require that you play several more sets using a ten dollar base bet before the entire hundred dollars is recovered.
If all the above is still confusing, then the examples on the next page should help clear it up.
The first example will cover just the basics and show the progression schedule in the event of twenty-one consecutive losses. The second example will be more complicated. It will include occasional wins, plus instructions on how and when you figure your next base. A $3 primary base bet, which requires a six hundred dollar bankroll, will be used in both cases. The $ sign will be omitted and the initials, P.P.#s, will replace the words, pre-progression numbers.
You have just lost two sessions in a row. That is very unusual. I can only remember it happening to me twice in about a years time. In both cases, I fully recovered in my second recovery session. Up to this point you have loss a total of $180. Divide that by ten to determine what your new base bet will be. The answer is eighteen. Eighteen dollars will be your base bet for your second and final recovery session.
With that kind of luck, I am sure you will agree, it is time to quit for the day. You still have sixty dollars (ten percent) of your bankroll left. Go some place and enjoy a show. Tomorrow is another day.
The above example is strictly a hypothetical situation, intended only to show you the progression ladder in its simplest form. Twenty consecutive losses are stretching it a bit, although it undoubtedly has happened to many people.
The next example is a much truer picture of what one of those very long losing streaks looks like on paper. It will contain considerably more losses than wins. In the end you will have lost your daily bankroll. Let me reiterate, a losing streak such as this will rarely happen, but it is the only way I know of to illustrate a lost primary session followed by two lost recovery sessions.
These are the ingredients that make up your daily bankroll. It is important that you know how they are determined. At first glance, the following example may look too long, dry and uninteresting. You may be tempted to bypass it. I am sure you have heard the expression: "A picture is worth a thousand words." In reality, the following example is a picture of the system. If you will proceed slowly, bet by bet, set by set, session by session, you should know the Star System.
Every possible situation will be illustrated, accompanied by explanatory comments. It is not nearly as hard to do as it may look on paper. Once you get the basics, it is so simple, a child can do it.
Let's say you have a thousand dollar bankroll. One thousand divided by two hundred equals five. Five dollars will let you play a primary session and two recovery sessions in case you lose every hand as in the previous example. The first session will be your five dollar base bet, primary session. If you lose it, you will have to begin a recovery session. O.K., let's start your five dollar base bet session. You will use 1-1-1-2 as your preprogression numbers.
You have lost your five dollar primary session. You are not really a hundred dollars down because you won thirty-four dollars prior to losing the set. You are only down sixty-six dollars.
Let's round it off to the nearest ten and say you are seventy dollars down.
Seventy divided by ten equals seven. Seven dollars will be your new base bet in recovery set number one. Let's use 1-1-2-3 as the pre-progression numbers.
Note: There is a $5 error in-the above computation.
You actually only lost S6l. Because the following charts are based on seventy, it will be left #s is for the present time. Results = the same.
Twenty times your base bet of seven equals one hundred and forty, so you lost $140 in that set. However, you won $26 dollars prior to losing the set, so you are only down $114. Round it off to the nearest ten, and call it $110 down for the set. Now you add the $110 to the $70 you lost in your primary set, and you determine that you are a total of $180 down.
A much easier way to figure it is to simply keep track of your chips. If you know what you started with, you can quickly determine that you are roughly $180 down at this point. Now you need to determine what your base bet for recovery set number 2 will be.
Divide one hundred – eighty by ten and the answer is eighteen. To keep your bets simple to figure and place, use an even twenty dollars as your base bet. Use 4-4-4-8 as your P.P.s.
Although you lost $400 in that session, you are only down $290. This is due to the wins you received in the first three sets of the session. Add the $290 to the $180 lost in the two previous sessions and you are only a total of $470 down after one primary and two recovery sessions.
Note that dividing by ten has saved you $530. If you had been doubling your base bet at the end of each session you would have lost $1000. Now you can attempt another recovery session. You still have a $530 bankroll. You divide ten into $470 to determine your new base bet. The answer is forty-seven. You will normally round that off to the nearest five or ten and use a forty-five dollar base bet.
In this case you can not do that. If you do, you will not have enough money to finish a set in the event of more bad luck. 'Fortyfive dollars times twenty is $900 and you only have five hundred and thirty, By dividing twenty - the number it takes to play a one dollar session - into your bank roll ($530), you determine that approximately $27 is the proper base bet to use. Let's round it off and use a $25 base bet.
This is a slow progression system to start with. Now you are only using one half your required base bet. You will just be spinning your wheels so to speak. Here is the perfect opportunity and reason to employ the Rider. The Rider is fully explained in chapter four.
Let all wins ride, even those in your progression ladder.
Getting two consecutive wins when using the Rider equals the same profit as getting three consecutive wins via the normal route. You are way pass due so why not try it. After all, the success of the system depends on getting two consecutive wins in the first place.
Either way, you are going to need them in order to win. It is now or never, as you only have enough money for one more set in the event of a loss. With just a little luck, you will be well up the road to a recovery.
You now have lost your $1000 daily bankroll. By dividing by ten you got an extra session. It is time to quit for the day.
Total number of hands played ... 90
Total number of hands won ...... 26
Overall percentage of wins ..... 29%
Average bet.................... $11
The previous example shows the results of a streak of bad luck that lasted for an unusually long period of time. Notice what the results would have been if you had gotten a win on your last bet, let it ride and won.
The profit on that win alone would have been six hundred dollars. The total amount you would have invested up to that point would have been seven hundred and sixty dollars. The net results would have been that you recovered all but one hundred and sixty dollars of your thousand dollar bankroll.
The next example requires a full page. For that reason the remainder of this page will be left blank.
This example contains a shorter run of bad luck. No recovery session was necessary. The left column is the results of flipping a coin thirty-three times. The right column is the exact opposite. Notice that the left column" shows a higher profit, even enough it had a lower win percentage (42%), than the right column (58%). You will use a five dollar base bet and 1-1-1-2 as your pre-progression numbers. A double vertical line ( | | ) , represents pre-progression numbers. A single vertical line ( | ) , represents the progression ladder.
A double dashed line (===), represents the end of set.
From the preceeding example you can see that you don't need to worry about which side to play. You can play either the red or black on the roulette wheel. You can play the pass, or don't pass line on the dice table. It wouldn't make any difference as long as you have anyplace near average luck.
If you knew the system well enough you could play both sides at the same time, and make a profit on both sides. There is even a better way. It will be fully explained in the following chapters.
Chapter Three Review
Question: If you have six hundred dollars for a bank roll, what will be the maximum base bet you can use?
Ans: Three dollars. (200 divided into 600 = 3)
Question: In the event of an unusually long consecutive losing streak when you first began to play/ how many sessions will the above bankroll allow you to play?
Question: How do you figure what your new base bet for a recovery set will be?
Ans: Divide ten into the total loss.
Question: What is the reason for adding your preprogression numbers together, and betting the total amount when you enter a recovery set.
Ans: You are overdue for your share of wins, and you don't want to obtain them betting minimum bets.
Question: Why don't you use the same procedure when entering a new set after the previous set was won?
Ans: You just received two wins. Odds are against receiving four in a row.
Question: You lost your daily bankroll. What should you do and why?
Ans: Quit for the day. Your losing streak may not be over. Also your mental attitude has probably been affected.
Question: How many sets are there in a session?
Ans: Until you lose. It could be one set or many. The average is about twenty-eight in the game of Blackjack. The average in the game of Craps is about fifty (method # 1).