Sorry my fault for infering that. It all depends on how and where you set the stop for the progressive staking plan.

What I am trying to say is that by using an appropiate stop point in the staking plan (whether it be a % profit or a time frame) that it is possible to turn a negative game into a positive outcome.

Good Luck.

Wes.,

This is what Pittsburgh Phil says,

"Here is a million pound challenge -
If anyone can prove to me that a staking plan can turn a negative system
into a profitable one, then they can have a million *"

That was a couple of years ago - I think he's still waiting - I shall inform him
that you are coming for the bullion.

Racer,

It is possible without a doubt to turn a negative return into a positive.

Simple answer is double every bet till you get a profit. In theory it works. The math proves it works. In practivce its just plain stupid but it meets his requirement.

I could also prove it this way


Strike rate 99%.
Staking is Double on every loss.
Average winner = 1.01

Level stakes is a 0.01c loss every 100 bets.
Useing staking as above is a $1 profit every 100 bets.

Your longest losing run will be only be 3 which wouldn't break the bank.

Results today:

Day 3 Backing Progressive : $177.29 PROFIT
Day 3 Laying Progressive : $ -307.86 LOSS (CARRIED FORWARD FORM DAY 2)
Day 3 Backing Level Stakes : $110.80 PROFIT
Day 3 Laying Level Stakes : $-118.30 LOSS

Overall :
Backing Progressive : $356.81 PROFIT
Laying Progressive : $-290.46 LOSS
Backing Level Stakes : $65.10 PRFOIT
Laying Level Stakes : $-100.50 LOSS

Good Luck.

It's more than that, it's a total nonsense answer.

A simple answer sure. But a practical solution? Not in a million years as your theoretical double up stakes would kill the odds or you would never get anyone to accept them if you had the endless bank to put the money up in the first place.
.

I think Pittsburgh Phil meant prove it in practice, not in theory. That's why he still has his million.

Your on a hiding to nothing here. Give it up!

Everything one needs to know is in your reply Wes. - Keep doubling up and you will be broke long before your bookie.

Note the Asterisk at the end of Phil's offer - As Crash intimates, that is re.
demonstrating the proof.

Save yourself a lot of research time on this one Wes. - the world's great
mathematicians and odds\percentages men, who advised all the Casinos
how to set up to win\never to lose in the run, they have covered it all,
in spades, so to speak.

the reason for wanting to turn a negative into a positive?

one would be looking for shortcuts & less homework, methinks

twas that easy mugs everywhere would be raking it in

surely starting with a positive leans an endeavour toward success?

The simplicity of this stupidity is this: If it was possible to turn a negative expectation into a positive expectation by a staking method, all Casino's and Bookies in the world would have been skinned alive many years ago.

Sell the house and turn yourself into cash if you believe in it's possible. The Casino's and Bookies will compete with each other to get a Limo to your door.

Bhagwan,
See you in first class on my next trip. LOL.