(From Card Player<\/em>, June 1991)
\u00a9 1991 Arnold Snyder<\/strong><\/p>\n\n\n\n
Question from a Reader:\u00a0<\/strong>Have you ever tested a \u201ccancellation\u201d type betting system for blackjack? I\u2019ve been counting cards for about six months and every time I really get into a hole, I use this cancellation system that I once learned for roulette.<\/em><\/p>\n\n\n\n More often than not, I dig myself out. I gave up on trying to beat roulette with this system, due to some unbelievable runs of bad luck, but the house edge at roulette is very high compared to blackjack. Have you ever heard of any professional blackjack players trying a cancellation type betting system?<\/em><\/p>\n\n\n\n Answer:<\/strong> I\u2019ve heard of professional blackjack players trying most everything at one time or another, most often for temporary camouflage. But I do not know of any pro who uses any progressive betting scheme seriously.<\/p>\n\n\n\n A \u201ccancellation\u201d system usually requires paper and pencil to keep track of the bets. You start by writing down a series of numbers. You bet the sum of the first number and the last number in the series. If you win, you cross off both numbers. If you lose, you write the total of the two numbers down as your new last number. You continue playing until you\u2019ve crossed off all numbers, then you start a new series.<\/p>\n\n\n\n Here\u2019s the \u201clogic\u201d behind a cancellation system: Every time you win, you cross off two numbers (the first and last). Every time you lose, you add only one number (the sum of the first and last numbers that you had just bet and lost). Therefore, you can lose almost twice as often as you win, and still win your series. If you win your series, you will have profited by the sum of the numbers you originally wrote down.<\/p>\n\n\n\n With a cancellation betting progression, good luck wins quickly, and bad luck usually wins slowly. How wonderful! We should all be rich tomorrow. . . .<\/p>\n\n\n\n The problem, however, is that sometimes \u201cbad luck\u201d means losing more than twice as often as you win. When this happens, as I\u2019m sure you discovered at the roulette tables, the series of bets you need to win your series becomes continually longer and the size of the next required bet keeps getting bigger.<\/p>\n\n\n\n You end up walking away from the table with empty pockets and a long list of numbers that may look \u201cunbelievable\u201d to you, but that is assuredly within the scope of normal fluctuation from the statistician\u2019s perspective. Believe me, you will experience the same \u201cbad runs\u201d at blackjack that you experienced at roulette.<\/p>\n\n\n\n Cancellation betting progressions tend to appeal to compulsive gamblers. \u201cSteaming\u201d is a common term gamblers use that means chasing money you\u2019ve already lost with money you can\u2019t afford to lose. If you\u2019ve already lost the $500 you told yourself was your \u201closs limit,\u201d and you start chasing it with your grocery money, you\u2019re steaming. When you lose your grocery money, you\u2019ll have to start chasing that with your car payment.<\/p>\n\n\n\n Compulsive gamblers think their bad luck can\u2019t last forever, so if they just hang in there, the tide will turn and they\u2019ll recoup their losses. A cancellation system feeds this fantasy, since you don\u2019t really need \u201cgood luck\u201d to win\u2014you just need luck that\u2019s not abysmal.<\/p>\n\n\n\n Unfortunately, gamblers never seem to learn how atrocious luck can be and still be considered normal fluctuation to a mathematician. Although you may have \u201cdug out\u201d from a few of your card counting losses so far, I assure you in the long run, you\u2019ll find yourself holding that long list of numbers, shaking your head.<\/p>\n\n\n\n Look at what you\u2019re doing. You experience negative fluctuations using your counting system \u2014 so you stop counting and start using a worthless betting progression. Now you\u2019re no longer placing large bets because you have the advantage (according to your count); you\u2019re placing large bets because two numbers on a slip of paper tell you that this is how much you have to win to start recouping what you\u2019ve already lost.<\/p>\n\n\n\n You\u2019re steaming. With a cancellation system, the more you lose, the bigger your bets will get. They don\u2019t get bigger because the count is going up. They don\u2019t get bigger because the advantage has swung to you, based on the cards remaining to be dealt. They get bigger because you\u2019ve already lost a bundle, so you\u2019ve got to bet more to recoup.<\/p>\n\n\n\n The fact that there\u2019s a strict pattern to a cancellation system \u2014 a betting structure that you don\u2019t violate \u2014 does not make it an intelligent way to bet your money. This is simply structured steaming. Every time you lose, you raise your betting level. Any betting progression requiring you to bet more as you lose is not only stupid, it\u2019s dangerous.<\/p>\n\n\n\n Valid card counting systems require bets based on both your advantage and the size of your bankroll. If your bankroll diminishes due to negative fluctuations, your bets should decrease proportionately. It has been shown mathematically, and by computer simulation, that not only is this the fastest way to maximize your bankroll with minimum risk, but to bet contrary to this is the road to ruin<\/p>\n\n\n\n You are on the road to ruin. If you\u2019re just playing for fun, with money that is inconsequential to your way of life, then go ahead and fool around with betting progressions if you enjoy betting that way. But understand that you will assuredly lose more than you\u2019ll win.<\/p>\n\n\n\n And don\u2019t delude yourself into thinking you\u2019re a card counter following an intelligent strategy. On the other hand, if you\u2019re really serious about attempting to make money at the blackjack tables, forget all about cancellation systems or any other betting progressions.<\/p>\n\n\n\n If you continually find yourself steaming, and playing with money you can\u2019t afford to lose, then you should seriously consider calling Gamblers Anonymous. You have a problem. \u2660<\/p>\n The Cancellation System: Structured Steaming By Arnold Snyder(From Card Player, June 1991)\u00a9 1991 Arnold Snyder Question from a Reader:\u00a0Have you ever tested a \u201ccancellation\u201d type betting system for blackjack? I\u2019ve been counting cards for about six months and every time I really get into a hole, I use this cancellation system that I once learned for […]<\/p>\n","protected":false},"author":29,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[],"tags":[],"yoast_head":"\n![\"Facebook\"](\"https:\/\/www.lasvegasadvisor.com\/gambling-with-an-edge\/wp-content\/plugins\/social-media-feather\/synved-social\/image\/social\/regular\/96x96\/facebook.png\" "\\"Follow")
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