Some of the things I use in my Money Management Method.
The 1-3-2-6 Wagering next 4 hands I wager bet.
Really interesting how other people are talking about much more than 4 Wagers and how they tally up their wins and what their risk is and it doesn't match what a 1-3-2-6 actually is. I've had many inquiries over the last couple years about the longevity of the 1-3-2-6 as well as other inquiries about how it actually works. A lot of people comment on it but so many people don't really know about it or try it. To me it's much more effective than flat betting or a constant parlay or constant positive progressions and even the up & pull people talk about that's been around for ages where say you wager $200 and win, the next wager might be $300, etc.
The following chart is based on winning one and moving on. You bet one unit if you win then you bet three units, if you win then you pull down and you bet two units, then if you win you wager for the last bet of 6 units.
1-3-2-6.
BET 1 BET 3 BET 2 BET 6
Your Risk 1 2 0 0
If Won +1 +4 +6 +12
If Lost -1 -2 +2 0
(Please note, if you won the first two and you bet the third hand and you lost you still have two more units, in and above what you started with for another 2 attempts. That's why I love this kind of progression depending on the first win.)
And you cannot lose more than two of your own units if it fizzles out after the second wager. It is one of the greatest, simplest progressions in wagering.
Think about it, if you win only two units, 2 Wagers you have absolutely no risk to win 12 units or break even. It is a great wager!
The second most important thing that has helped me countless times, has been my 1 + 4 Side Parlay Wager, that I risk only with win money.
1 + 4 Side Parlay Wager
I move XYZ units into my 1 + 4 Side Parlay Wager allocation after certain wins for 4, 5 or 6 chances to succeed.
These wagers are placed coinciding with my regular wagers and usually never consecutively in a row with the 1st, 2nd, 3rd and 4th attempts after the initial first hand win.
Example:
4 Chances of $75.00. Total win set aside of $300.00.
$75.00. 1st win parlay $150, 2nd $300, 3rd $600, 4th 1,200. Net if won $2,400.
5 Chances of $100.00. Total win set aside of $500.00.
$100.00. 1st win parlay $200, 2nd $400, 3rd $800, 4th $1,600. Net if won $3,200.00.