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Midas system

Started by witho, November 12, 2007, 02:45:05 PM

0 Members and 19 Guests are viewing this topic.

witho

Have you guys tried this system? I read the book by author Bruce Irwin who claims this money management system never failed him in over 1500 casino's worlwide. It goes like this:

Amount to win for 1 sequence: $100

Divide up into 40%, 20%, 20%, 20% amounts

Write them down on paper: 40 20 20 20 in this case because it is $100

First bet is $40 bet on even chances. If win cross it off
20 20 20 is what is left. After a win we take first and lat and add together. That is next bet

If win, cross it off. Left with 20. That is next and last bet

If win, sequence is complete, start a new one. Obviously this is a perfect scenario. take a less than perfect 1

40 20 20 20, bet 40, lose. Add to end 40 20 20 20 40 Go back to single bet after loss.

Next bet 40 again. win 20 20 20 40, Next bet 20 + 40 = 60, lose, 20 20 20 40 60 next bet 20, win 20 20 40 60

Next bet 80, win. 20 40.

You can see that you only need a win rte of less than 50% to still eventually cancel out the sequence.

If you are on a bad run, then you reduce your base bet to minimum until a win and start from start again to protect bankroll
If youhave 2 consecutive wins adding 2 numbers together, increase to 3 if you want. but no more than 3. Takes advantage of good run.

Bankrolls: $10 seq = $700, $20 seq = $1000, $35 seq = $1500,  $50 seq = $2000,  $60 = $3000, $80 = $4000, $100 = $5000

He gives some of his betting selection strategies, but basically the idea is that the money management is so efficient that it won't matter too much as long as you have something reasonable and don't just bet on anything


What do you guys think?? I am using this as a recovery strategy for VLS system, which is going well by the way.

admin

Witho, long time no see at the chat [smiley=smiley.gif].

I thank you in the name of the forum family around and wish you the best luck with the Lw methodology for the times to come.

Your friend,
Victor.

Colin

HI and good day to all juat 1? can any1 please tell me where i might find this book of Mr Irwins is it a new pub. & an other 1 that is called Warriors of the Wheel any word of it Thanks for your help & Thanks for aGREAT ROULETTE FORUM  Good health & Good Luck to ALL .Colin

wiggy

This system intrigues me...

*Bang* I just bought the book. Abe's bookstore said 28 days shipping... pfft @!#$#%@

wiggy

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