What is keep doubling your bet until you win?

Keep doubling your bet until you win is not a strategy specific to casino games. It can be used in financial betting too. The best example of this is Forex trading. You can keep purchasing lots until the asset reaches a specific figure, and double your investment each and every time while doing this.

How do you double your bet?

You start betting with a specific figure (i.e. 2 EUR) and double it every time you lose, until you win. So for example, if you play and lose, your next bet will be 4 EUR. If you lose this one too, place 8 EUR next time. And makes sure that you have 16 EUR because you will double this one too.

What if my last bet is a win?

If the result of your last bet is a win, then you have achieved your winning goal and may quit. If the result of your last bet is a loss, then double your next bet size, if you can. If you can't double your bet because you're busted, then walk away broke. In other words, keep doubling your previous bet, until you win.

Does doubling Your Bets really make a difference?

All that doubling your bets really does ismake the chances of winning better while making the consequences of losing worse. There are a few rare situations where the casino’s edge disappears. A group of MIT kids famously found one in blackjack and exploited it for years.