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Re: Target Betting Tests

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Ok. So I've spent the past week testing the Target Betting system in a myriad of different incarnations. It beat the "horror" sequence and 4/5 Spielbank records before it hit the 5000 unit max bet. Please note that this was using the conservative approach, and not even the more aggressive system promoted by the author.

The basic premise is that you use a Martingale (called Loss to Date or LTD) to catch-up as your bets become larger with several built-in brakes to keep you from going all-in and losing your bankroll while making small profits along the way (which is very effective).

The main problem with this system boils down to one statement that pops up again and again on the blog, which is basically "don't stay at a losing table" with no specifics on how to execute this plan. So when are we supposed to jump to another table? After 1 loss? 5 losses? After losing a certain amount?  :question:

As for the system itself, it has the same flaw as every other Martingale: as bets become too high, you risk losing your bankroll. The way that the author deals with this is to limit the Marti to 5000 units and hold until you are ahead.

Now. I want to be very clear, this might actually work long term, but what type of bankroll would you need to survive. Let's say you just get behind a few max bets plus what you've already spent; you might be in for $20,000 (on a $1 minimum table). Pretty steep :ooh:

I've included the "horror sequence" of 1600 spins for the curious.

After studying the game for years, this system has come closer than any other to actually beating the game with a progression, so this will be my main focus moving forward. I'll post more info as my research continues. :thumbsup:

For more info, check out the Target Betting blog and refer to the 3-Play system.

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