Regression Betting - 2017
Posted: Fri Apr 28, 2017 1:48 pm
We've had several threads in the past on regression betting strategies, so I thought I'd tag this one with the year so as to minimize confusion.
Let's start by talking about just what regression betting is. Essentially it's a money management technique that lets you reduce your sevens exposure after taking one or two hits on your action. Exactly how much exposure (and for how long) you have prior to the regression plays to your risk tolerance level in most cases. However, I think it also ties closely to your bankroll size. Let me approach it from that angle and give you some of my Texas logic on how it works.
Let's say you have a session bankroll of $600. You don't want to have more than 10% of your bankroll exposed to the seven on any given shooter. That gives you ten shots at $60 a shot at locking up a decent win. In most cases that's going to work out to about one trip around the table.
Now let me give you the simplest of regressions - a six and eight regression. Using $60 as your initial base bet you would place the six and eight for $30 each. The first hit on either the six or eight pays $35. You can now reduce the six and eight to an amount of your choice as long as it's $18 each or less. Let's start with $18 each. That gives you $36 action and you've collected $35 on that first hit - so you have $1 sevens exposure at that point. You're risking $1 to win $21 - or net $20 on the next hit on the six or eight. There are ten ways to roll the six/eight combo versus six ways to roll the seven. You are in a VERY powerful position.
Let's assume we get that second hit on the six or eight. It pays $21 - lock it up. You now have $20 profit off the table. But you still have $36 action - of which $35 is profit - on the table. If you take down that $35 you have a profit of $55 for the series. Do that on the next ten players and you'll have made over $500 on one trip around the table. Of course, some players will go PSO. Others will go one number and out. You won't get the hit on the six and eight every time on every shooter. In fact, you might not get a hit on the six or eight on ANY shooter the next trip around the table. After all - at the end of the day it's just gambling.
If you have a sevens risk tolerance of $60 and don't mind letting it ride longer you can certainly do that. However, I think a better way is to think in terms of your "average" sevens exposure. Let's say you had a sevens exposure of $40 half of the time and $100 the other half. I'm thinking you'd end up averaging around $60. With that thought in mind, here's another approach.
Let's Place the six and eight for $48 each. The first his pays $56. Now reduce your action to $18 each on the six and eight. Your average bet is now $30 each on the six and eight - or $60 total. However, a $48 hit on the six or eight pays $56. Now you can regress to $18 each, have a total of $36 in action and a profit of $20 locked up. So the larger the initial bet on any given number, the sooner you get into a larger profit position - if you get into a profit situation at all.
Let's talk about broadening your base bet. You can stay close to your $60 average bet number with $66 inside. That's $15 on the five and nine, and $18 on the six and eight. There was a time when this was my primary way to play a $5 game. $66 inside for one hit. Collect $21 then regress to $22 inside. You have $1 at risk to win $7 on the next toss. The problem with this (for me) is that I have a hard time getting excited about netting a $6 win off of an initial $66 bet. The way I improved on this situation was to take the five and nine down and go with just a $6 six and eight. That gave me a total win of $21 with only $12 exposure - a $9 guarantee. Plus it kept me in the game.
Spreading out further, I like $96 across. The regression play I use is one I call Stripping. No, I keep my clothes on. I start out with $96 across and take one winning hit. After collecting on that one hit I take down the four and ten, locking up that $30 with my win. On the next his on an inside number I lock up another $21 - then take down the five and nine. Now I have two winning hits in the rack and only the $18 six and eight remaining. At this point you can say "all down," or you can reduce the six and eight to $12 each or even $6 each. OR you can turn that $18 six and eight into $22 inside or $32 across. And this applies to any of the above plays. The point is that after that first hit you have a lot of options as to ways to go.
Regressions are a great money management tool that can slow down the losing when used properly. However, they are a two edged sword. They effectively "raise" the bottom when it comes to losses. You will lose less. However, they also chop off the tops when it comes to winning. You will also win less.
Find an amount you can comfortably regress from and to - then turn this into a habitual play that you only abandon when the table turns negative OR when you want to play the Don'ts.
Let's start by talking about just what regression betting is. Essentially it's a money management technique that lets you reduce your sevens exposure after taking one or two hits on your action. Exactly how much exposure (and for how long) you have prior to the regression plays to your risk tolerance level in most cases. However, I think it also ties closely to your bankroll size. Let me approach it from that angle and give you some of my Texas logic on how it works.
Let's say you have a session bankroll of $600. You don't want to have more than 10% of your bankroll exposed to the seven on any given shooter. That gives you ten shots at $60 a shot at locking up a decent win. In most cases that's going to work out to about one trip around the table.
Now let me give you the simplest of regressions - a six and eight regression. Using $60 as your initial base bet you would place the six and eight for $30 each. The first hit on either the six or eight pays $35. You can now reduce the six and eight to an amount of your choice as long as it's $18 each or less. Let's start with $18 each. That gives you $36 action and you've collected $35 on that first hit - so you have $1 sevens exposure at that point. You're risking $1 to win $21 - or net $20 on the next hit on the six or eight. There are ten ways to roll the six/eight combo versus six ways to roll the seven. You are in a VERY powerful position.
Let's assume we get that second hit on the six or eight. It pays $21 - lock it up. You now have $20 profit off the table. But you still have $36 action - of which $35 is profit - on the table. If you take down that $35 you have a profit of $55 for the series. Do that on the next ten players and you'll have made over $500 on one trip around the table. Of course, some players will go PSO. Others will go one number and out. You won't get the hit on the six and eight every time on every shooter. In fact, you might not get a hit on the six or eight on ANY shooter the next trip around the table. After all - at the end of the day it's just gambling.
If you have a sevens risk tolerance of $60 and don't mind letting it ride longer you can certainly do that. However, I think a better way is to think in terms of your "average" sevens exposure. Let's say you had a sevens exposure of $40 half of the time and $100 the other half. I'm thinking you'd end up averaging around $60. With that thought in mind, here's another approach.
Let's Place the six and eight for $48 each. The first his pays $56. Now reduce your action to $18 each on the six and eight. Your average bet is now $30 each on the six and eight - or $60 total. However, a $48 hit on the six or eight pays $56. Now you can regress to $18 each, have a total of $36 in action and a profit of $20 locked up. So the larger the initial bet on any given number, the sooner you get into a larger profit position - if you get into a profit situation at all.
Let's talk about broadening your base bet. You can stay close to your $60 average bet number with $66 inside. That's $15 on the five and nine, and $18 on the six and eight. There was a time when this was my primary way to play a $5 game. $66 inside for one hit. Collect $21 then regress to $22 inside. You have $1 at risk to win $7 on the next toss. The problem with this (for me) is that I have a hard time getting excited about netting a $6 win off of an initial $66 bet. The way I improved on this situation was to take the five and nine down and go with just a $6 six and eight. That gave me a total win of $21 with only $12 exposure - a $9 guarantee. Plus it kept me in the game.
Spreading out further, I like $96 across. The regression play I use is one I call Stripping. No, I keep my clothes on. I start out with $96 across and take one winning hit. After collecting on that one hit I take down the four and ten, locking up that $30 with my win. On the next his on an inside number I lock up another $21 - then take down the five and nine. Now I have two winning hits in the rack and only the $18 six and eight remaining. At this point you can say "all down," or you can reduce the six and eight to $12 each or even $6 each. OR you can turn that $18 six and eight into $22 inside or $32 across. And this applies to any of the above plays. The point is that after that first hit you have a lot of options as to ways to go.
Regressions are a great money management tool that can slow down the losing when used properly. However, they are a two edged sword. They effectively "raise" the bottom when it comes to losses. You will lose less. However, they also chop off the tops when it comes to winning. You will also win less.
Find an amount you can comfortably regress from and to - then turn this into a habitual play that you only abandon when the table turns negative OR when you want to play the Don'ts.