The Beresford Progression is very flexible and can be used in many variations.
With the Beresford good profits can be realized, whereby possible losses are within
reasonable limits.
The Beresford Progression is a "variation" of the Labouchere.

While however with the original Labouchere cancellations take place after won bets, the Beresford Progression goes the reverse way: here cancellations are made after lost bets!

The development of the Beresford Progression is as follows:
First some units are noted in a row, for example:

These 5 units are the number of units we want to risk at maximum!

The first bet size is calculated by adding the 1 unit to the far left
and the 1 unit on the far right, so the first bet is 2 units.
These 2 units are noted to the original row on the right side:

If the first bet of 2 units wins, the next bet is calculated by
adding the 1 unit to the far left and the 2 units to the far right, bet size
of the second bet is 3 units. These 3 units are noted at the right side of
our row:

If this bet is lost, the left 1, the 2 and the 3 are cancelled,
again the 1 unit on the far left and the 1 unit on the far right are added
and the sum of 2 units is noted to the right of our row for the next bet:

If this bet wins, the far left 1 and the 2 are added for the next bet: 3 units.
The 3 is noted to the right of the row:

If this bet wins, the far left 1 and the 3 are added for the next bet: 4 units.
The 4 is noted to the right of the row:

If this bet is lost, the left 1, the 3 and the 4 are cancelled,
again the 1 unit on the far left and the 2 units on the far right are added
and the sum of 3 units is noted to the right of our row for the next bet:

If this bet is lost also, the left 1, the 2 and the 3 are cancelled,
now only 1 unit on the far left and the 1 unit on the far right are left.
These remaining units are added and the sum of 2 units is noted to the right of our row for the next bet: 2 units.

If this bet is lost also, the left 1, the right 1 and the 2 are cancelled.
All 5 starting units are now cancelled and the progression is terminated.
We have lost exactly 5 units.


The number of starting units determines the maximum possible loss.

The gain target should be in close relationship to the max. possible loss.
If you look at the previous example we have the following development of results:


Here after the 4th bet we have a gain of 80% of the starting units and
the progression should be terminated and reset.
Our recommendation is to terminate the progression after a gain of 50% of your starting units.
Depending on your bet selection and your bankroll you can adjust the
Beresford Progression easily. For short attacks 5 starting units is a good value.
If you prefer longer attacks up to 10 or even 15 units may be your starting row.


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I think a visual example would help Walter. [smiley]aes/thumb.png[/smiley]