Philiberte progression

Hi there,

During my research I came across a very old system, known as the Philiberte. It was in a book called "Monte Carlo Anecdotes and Systems of Play".

There isn't much about it online but you can find some info by Googling (sorry, it says I'm not allowed to post links).

So it's an "up as you lose" progression divided into blocks of three and the sequences go:

1 2 4
1 3 7
2 4 8
2 6 14
3 6 12
3 9 21

The idea being based on the old idea of increasing bets after a loss, but effectively imposing a cross between a stop-loss and an increase in stakes when 3 successive bets are lost.

What is not made clear is when one should move back down the system.

If we lost 1 2 4, we lose 7 and move onto 1 3 7 until we are even.

But what if we lose  1 2 4 and 1 3 7, moving on to 2 4 8.

Do we stay at 2 4 8 until we are even (zero) or do we stay at 2 4 8 until we are at a loss of 7, and then move back down to 1 3 7?

Thanks in advance.




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