Project 202

[GLC]

I have read and re-read this method a few times over the past few months, but never spent much time testing it.
It seems to be a kind of exagerated bread winner method.
It is a negative progression, but each bet level lasts 40 spins.
I think it could work pretty well on a system that uses a flat bet and wins already.
It may work on a system that doesn't win with a flat bet, but doesn't lose much with a flat bet.

Summary of system:

We will be betting on Even Chance bets only.
Bank needed is 150 units.  This should be super safe.  75-100 units should be okay.
We begin by betting our favorite Red/Black selection method.  You decide.
We will bet $10 units for 40 spins.  If $10 units are too big we can use $5 units but we will have to fudge a little on the % changes in bet sizes.  $10 units works best to start.
At the end of 40 spins, we will increase our bet size if we are down or decrease our bet size if we are up.

I'm not sure I like the idea of decreasing bet size after 40 spins if we are up  Seems like we should just reset and start a new series.  I could be wrong here.

If we are 1-10% down we increase our bet size by 10%.
If we are 1-10% up we decrease our bet size by 10%?
If we are 11-20% down we increase our bet size by 20%
If we are 11-20% up we decrease our bet size by 20%?
If we are more than 20% down we increase our bet size by 33%
If we are more than 20% up we decrease our bet size by 33%?

All changes are based on the size of our beginning capital and base bet.

If we are down after 3 series, we double the % increase in bet size from the chart above for the 4th game and for every 3rd game thereafter.
We never bet more than 250% (2 1/2 times) our base bet.
If we are up, we never double the % size of our bet.  We follow the chart exactly.

When any series that started in a decreased capital level shows an overall profit, the next series re-sets as a 1 series and we start over with our new capital amount and bet level.  We should always start a first series session with a bet size of total capital divided by 150 or (75-100).

That's a fair summary of the system.

It appears to be a little complicated, but a couple or reads and it should clear up.

Basically it is betting the same amount for 40 spins and then adjusting our new bet amount up or down by a small percentage for the next 40 spins.  Then another adjustment.

The author submits that these small adjustment for 40 bet series are much safer and more effective over the long term than huge 100% increases after each loss as with the D'Alembert bet method.

What do you think?

Has anyone any experience with this?

George

[GLC]

I've read around on the internet and found a couple of places that mentioned Project 202.  Seems that few people have actually given it a real test.  One comment was that if you happened to get too deep in the hole, it's a tedious climb out.  That's understandable.  Same with a flat bet.

I still think there's some value here.  It's obviously a grinder, but if you don't need a huge bank, you could bet an amount that would make the grind worth while.

I've been trying to think of ways to convert this to bets besides even chance.  Maybe dozens or streets.  Maybe even Flat's Consistent Winning Bet.  May not be feasible.

I'm not sure playing 40 bet levels is necessary either.

Just musing out loud.

George

[albertojonas]

I've read around on the internet and found a couple of places that mentioned Project 202.  Seems that few people have actually given it a real test.  One comment was that if you happened to get too deep in the hole, it's a tedious climb out.  That's understandable.  Same with a flat bet.

I still think there's some value here.  It's obviously a grinder, but if you don't need a huge bank, you could bet an amount that would make the grind worth while.

I've been trying to think of ways to convert this to bets besides even chance.  Maybe dozens or streets.  Maybe even Flat's Consistent Winning Bet.  May not be feasible.

I'm not sure playing 40 bet levels is necessary either.

Just musing out loud.

George

i gave it a try
it won an average of 0.1 unit per spin
wow
180 spin
+18chips

[GLC]

i gave it a try
it won an average of 0.1 unit per spin
wow
180 spin
+18chips

The questions I have for this system is:

1.  Because it's based on a negative progression, will it ever reach a point of betting such large units that you can't stay with it long enough to recover?

2.  Does a flatbet do better or worse for your 180 spins?

3.  Do we need a stop loss?  Or is there a bank that's large enough to withstand the worst series?

4.  What if we used a more aggressive progression like the fibonacci 1-1-2-3-5-8-13 etc...?  Instead of his % formula?

5.  I think it can be modified to work on any bet on the table.

Still musing.

G

[chrisbis]

Hi George.

Where is the actual system "Project 202" within the Forum pls?

I'd like take a look at it.

Cheers.

[F_LAT_INO]

I do have experience with that kind of beting....but not
on the cycle of 40 spins but on 10 spins....exactly as you
explained,George.
Starting always on my favourite E/C bet;

7-12,19-24,25-30....versus other 3 lines.
It really always works well when am playing
longer spins.

[GLC]

Hi George.

Where is the actual system "Project 202" within the Forum pls?

I'd like take a look at it.

Cheers.

I have a copy of it, but when I post it, the 2 charts that show the bets don't print.  I think I will post what I can and maybe post a snapshot of the charts.

Wish me luck.

[GLC]

Here's 99% of Project 202.  If anyone's really interested in the chart that didn't copy as a chart, just look at my summary in my beginning post and I have verbalized it for you.

INTRODUCTION
You are about to embark into a new way of life. You will learn
how to take the gamble out of gambling. This is possible. It is
not beyond the realm of possibility for any reasonable person.
Forget what you have been told or heard, your entire life about
gambling. You may even have believed many of the non-truths
about the most fascinating pastime of human beings.
Clear your mind of all negatives. I have discovered the real inside
track for successful wagering. And I mean ALL forms of wagering!
For all gambling games (so called gambling) have basically
the same form...the chance for the player to predict the
upcoming order of results, and to be rewarded when he or she
does. All games of chance can be described in this basic
explanation.
For countless centuries man has gambled for everything he has
sought. The winners were called heroes, the losers...were soon forgotten.
The history of man will never be described by historians as
"gambling", but this is what it is. All successes were the direct
or indirect result of a gamble someone, somewhere took at the prescribed
time.
Just think about recent happenings in the world, and even yourself.
Try to think how many times you gamble, in the real sense of the
word, every day! You may try to buy a house which you know you may
not qualify for in the eyes of the bank, or you may try a short cut
to work one day, not even knowing for sure if it is a short cut.
But there are countless other moves you make, many which you would
never think to call gambling, but are just that...THE WILLINGNESS
TO TRY SOMETHING WHICH WILL GIVE US WHAT WE DESIRE...WITH THE PROBABILITY (EITHER
SMALL OR LARGE")...OF FAILURE!
It is this chance of failure which makes WINNING at gambling
such an incredible feeling.
But in the real world, games of chance can be
expensive...particularly when we do not know what we are
doing. We all know this as past visits to the races or
gambling casinos are still in our memory. This does not have
to be so! Losing for some people has become so routine. . .
they actually expect it, and really believe they cannot win
under any circumstances...over a period of time! This is
sad. Many of these same people would not continue any other
form of recreation if they were to never succeed. How many
people would play baseball if they never got a h I t . . . or how
many would swim if they always fell to the bottom like a rock?
But gambling holds such a special fever because of the
anticipation of success, which for many is even better than
the actual win!
PROJECT 202 has turned my life around and taught me
something which enslaved me for decades...everything in
this world which is thought by most to be impossible. . . is
possible.
For years the possibility of winning at games which have what the
mathematical wizards call "negative expectation", was thought to
be impossible. This has changed now, or rather it has come out in
the open...for provable discussion.
PROJECT 202 will show you how to take advantage of all results at
all forms of gambling. In the past, no one could conceive of the
player actually being in a more advantageous position than the gambling
casino or race track. But PROJECT 202 will do just that!
I am proud of my discovery. But perhaps I should not take the credit
for the discovery. . . as I am sure there are a few who have discovered
what I have, but have kept it a secret. But I welcome the title, the
inventor of PROJECT 202, if for no other reason than to reward me
for the incredible amount of time, worry, money spent, failures before
success, and just plain hard work. For all this which I have
invested. . . you may call me the inventor of PROJECT 202, and I will
gladly accept the phrase.
The concept of PROJECT 202 came into being when I discovered the
basic rule of all forms of wagering. This rule is "trends". All
random happenings occur from trends, not the other way around.
Let me explain. When you flip a coin, each side has the exact same
chance of coming up over any given series of flips. But they do not
come up that way. One side will always favor over the other. This
means that in random happenings, although each separate result is
random, the series will not be completely random. Because...trends
will determine how many more times one side will show over the other.
It is this simple rule which has confounded all mathematicians into
believing that random chance or "gambling" cannot be predicted into
patterns or trends, because each result is an unpredictable
happening.
But the data they use is based on the overall picture. Such
as, if the chance of each side coming up when you flip coins
is both 50%, then according to their data you will always have
each side show the exact same number of times. This is blind
math. This is what the experts have used for centuries to tell
man he cannot win at games of chance, and most men have
believed them.
Blind math does not take into account the "trends" which
happen from all games of chance. These trends are more
dominant than the mathematical basis of their theories.
Nothing which is random, happens in a completely random way!
There are many old time gamblers who did not listen to any of
the laws of math, and just followed their own set of rules
which they put together after years of experience. They have
been winning for years. Not even aware that according to blind
math, their winning was mathematically impossible! I have
known some of these men. It has been my pleasure to even watch
some of them apply their experience to different casino games
and/or horse racing. They all used slightly different methods,
but the one basic rule they followed was to take advantage of
trends.
Although their methods worked fine for them, it did have a
basic flaw. It took years of experience to locate these
trends, and even longer to know how to bet them when they did
occur.
Let me explain here, about what I mean by trends. . . just in case
you are not clear on this.
If you flip a coin one thousand times, you will get a series of
six successive happenings (either heads or tails coming up six
times in a row) 9.4 times, four consecutive results will occur
about 58 times...and even two consecutive happenings will
happen over 350 times. These rules are in fact based on the law
of probability. They are part of the very law which states that
there is a 50% chance on each flip that either heads or tails
will happen. But this law which states the above consecutive
occurrences will happen also says that each toss is different,
and that what has just happened has nothing to do with what will
happen. There seems to be a contradiction within the laws of
probability.
But not really. The law is telling us that although each toss or
chance of something happening is 50-50, over a period of
successive tosses, one side may show up more often than another.
This one sided favoritism is simply what I call "trends". Many
identify it as good luck. But luck does not really exist in this
sense. What happens will happen no matter what or where we are.
What is good luck is knowing what to do when you have the
opportunity to take advantage of these happenings.
I do not want to spend too much time explaining these
trends, but I do want you to understand what we are
talking about later in the book. We will return to
this many times in future pages. The whole basis for
PROJECT 202 is trends, and how to bet them. So please
understand the reason behind the rules. This will make
it easier for you to apply those rules.
In all wagering, regardless of the game you are playing at the
time...different levels of results can be expected to happen. By
"levels" I mean in terms of wins and losses. Thus it can be
said, if you make ten bets and win all ten of these bets, you
are on the first level of results. You had no losses, so you
should not venture beyond this bet scheme, since you are in
fact...winning. But suppose you lost two or three of the bets
you made, and your win/lose sequence looked like this...W
W W L W W L W W L . Betting one unit on each decision you would
end the betting sequence with seven wins and three losses.
This would give you a profit o f . . .four units. Yes, I said four
units. At first glance you would think with a 70% win return,
out of ten bets you would do better than just four units. But
each win must cover a loss...right?
Now lets turn this sequence around. We will now show what
happens when we encounter seven losses and only three wins
Example...L W L L L W L L W L . Our ending series leaves us with
a minus of four units. Once again each loss is cancelled out
with a win, so even though we lost 70% of our bets we still lost
only 40% of our capital. This is also true with the above
example which showed us winning 70% of the time, we still only
showed a 40% profit.
In both of these examples something remarkable has been shown.
OUR ACTUAL WINS AND LOSSES, PERCENTAGE WISE...CONCERNING OUR
CAPITAL WILL ALWAYS BE LESS THAN THE REAL PERCENTAGE OF RESULT
WINS AND LOSSES, EXCEPT WHEN WINS AND LOSSES ARE EVEN. WHEN
THIS HAPPENS, THE RESULTS ARE ZERO. This is remarkable because,
we will always need less real capital than whatever the true
win/loss sequence is. This means that each loss in result does
not mean a 100% loss in capital. See above, a 70% loss only
equaled a 40% loss of capital overall. So it ban be said, when
we lose one bet we only lose approximately 60% of the unit.
This is based, of course, on the overall series of results and
not just a situation of making one bet & leaving, win or lose.
Although the same can be said for winning, the most important
discovery here is the fact that the losses are not as bad as
first thought with a bad win percentage. Even if we won only one
bet out of the ten...with 90% losers, we will still lose 80% of
our bets (capital). Although this seems pretty bad anyway, our
losses are still less than the real win/loss sequence of
results.
This simple example points out the difference between the
fallacy of using the win/loss sequence or blind math, to
determine what the real money results will be at any given
point for a game of chance. This is the basis for a plan of wagering
which can show dramatic results, even when the win/loss sequence is
far from profitable on an even bet scale. It is this discrepancy which
alerted me to the possibility that mathematicians were wrong when they
stated that games with a negative percentage were unbeatable.
I would like to show an even more dramatic result with our original
ten result sequence from the preceding page. If you can't picture it,
this is what it looked like...W W W L W W L W W L. Now suppose we were
betting in units of ten, on each result...and we raised our bets
just 10% after each result, win or lose...until we showed a profit,
then we would start with the original ten unit bet. I will show the bet
and the result after each wager below:
Wâ€"â€"â€"â€"bet 10â€"â€"â€"â€" +10
Wâ€"â€"â€"â€"bet 11â€"â€"â€"â€" +21
New series would begin here Wâ€"â€"â€"â€"bet 10â€"â€"â€"â€"
+31
Lâ€"â€"â€"â€"bet 11â€"â€"â€"â€" +20
Wâ€"â€"â€"â€"bet 12â€"â€"â€"â€" +32
New series would begin here Wâ€"â€"â€"â€"bet 10â€"â€"â€"â€"
+42
Lâ€"â€"â€"â€"bet 11â€"â€"â€"â€" +31
Wâ€"â€"â€"â€"bet 12â€"â€"â€"â€" +43
New series would begin here Wâ€"â€"â€"â€"bet 10â€"â€"â€"â€"
+53
Lâ€"â€"â€"â€"bet 11â€"â€"â€"â€" +42
We made an additional profit of 2, if we had been betting flat bets
this would be a total of 40 and not 42. This is not dramatic because
we were betting more money overall. Now let-me explain something
about the progression of bets above. In the first bet we did win, so
you may ask why we didn't keep the second bet at 10 since we did show
a profit at that point. The reason is, it is not a profit because we
would have bet that on the next result, so after you made the second
bet, before you knew the result, you would still have just the same
amount of capital.
The results above, when turned around change the final picture from
betting flat bets. In that situation the results would look like
this...L L L W L L W L L W . On the next page I will show what happens
when we apply the same betting scheme to these results...raising our
bets 10% after each win or loss
until a profit is shown. When figuring the 10%, rather than
calculating what 10% of 11 or 12 is, we will simply raise it by one
until we reach 15, then raise it 1.5 (1 1/2). The results in
reverse follow:
Lâ€"â€"â€"â€"bet 10â€"â€"â€"â€" -10
Lâ€"â€"â€"â€"bet 11â€"â€"â€"â€" -21
Lâ€"â€"â€"â€"bet 12â€"â€"â€"â€" -33
Wâ€"â€"â€"â€"bet 13â€"â€"â€"â€" -20
Lâ€"â€"â€"â€"bet 14â€"â€"â€"â€" -34
Lâ€"â€"â€"â€"bet 15â€"â€"â€"â€" -49
Wâ€"â€"â€"â€"bet 16.5â€"â€" -32.5
Lâ€"â€"â€"â€"bet 18â€"â€"â€"â€" -50.5
Lâ€"â€"â€"â€"bet 19.5â€"â€" -70
Wâ€"â€"â€"â€"bet 21â€"â€"â€"â€" -49
Now at this point we are 49 behind, when betting flat bets we were
only 40 behind, so at first glance it would seem to be a bad way to
bet. But there are hidden good points within the results above.
First, look at the amount of money which was wagered. With flat bets
a total of 100 units would have been bet with a 40 unit loss, which
would equal a 40% loss. Above...a total of 150 units were wagered
which is a full 50% more but our loss only increased about 24%...less
than half! Also, only three more winning bets would put us ahead,
but with flat bets three more winning bets would still put us 10
units behind. We will continue out the series above with the three
additional winning bets below;
Wâ€"â€"â€"â€"bet 23â€"â€"â€"â€" -26
Wâ€"â€"â€"â€"bet 25â€"â€"â€"â€" -1
â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€"â€" (At this point our bets would still be
Wâ€"â€"â€"â€"bet 26.5â€"â€" +25.5 raised because we continue raising 10%
until we show a profit.)
Now something which is not supposed to happen, has happened. We have
lost more bets than we have won...we lost seven and won a total of six.
Mathematically, we should be behind, but in reality we are ahead! Now
please do not think PROJECT 202 is based on the above progression, and
now you are ready to attack the casinos, or race tracks. The examples
above ARE NOT the rules
to PROJECT 202. So please do not jump to any conclusions.
The examples are to show how a simple betting scheme can change the
face of mathematical permutations. What is an apparent losing
series...six wins-seven losses, has been turned into a winning
series by altering the bet ratio according to the prior result.
PROJECT 202 does this, but different than the examples just
presented. It has built in safety features which will turn results
even more dismal than presented here into winning results. . . in the
long run and protect profits at each point.
We now have a basis for understanding PROJECT 202. The winning
process must involve what we have discussed so far, the ability to
alter wagers according to the results which are currently in
progress. Not by some wild form of progression which will blow us away
at the first mild upset...but a well planned escalation and deescalation
of wagers at just the right time within the betting series.
This, in essence...is how PROJECT 202 works.
6
PROJECT 202
We are now ready to present the rules of PROJECT 202. If you feel I have
spent too much time explaining the basis of PROJECT 202, please
understand that I must lay the proper foundation for the rules or you
would not understand the reasoning behind the rules. Many things you
have read up to now, will surface later and you will feel comfortable
with what has been said, since you will understand better.
As we have seen in prior examples, the results can be altered to
our advantage, when we adjust our betting scale according to some
preconceived plan. The major problem would seem to be how to
adjust this betting scale when results are not going favorably.
But this is not such a problem.
When you approach a gambling table, slot machine, or even a day at
the races, your results can be measured at different levels of
success or failure. It does not take long to determine how things
are going. These "levels" can also be used to determine what our
betting scale will be. What I mean I s . . . we can adjust our level
of betting to conform to the level of success we are having. This
is the only way to know when a slightly higher bet may be
necessary. I am not talking about a steep progression, such as
raising bets after each loss. This is the sure way to disaster.
It is also not necessary. When we encounter a losing series, in
which I mean more bets are lost than won, you would only make it
worse if you raised your bets after each loss. This would cause
you to lose more than if you were betting flat bets.
But if we bet the same amount during this losing series, on each
wager, and then adjusted our bets upward slightly for the next
series, it would not take as long in this second series to make up
prior losses. For example, suppose we encounter the following
win/loss sequence (it does not matter what the game is we are
playing...only the series of wins and losses at this point is
important):
W L W L L L W L W L L
Using the above sequence and betting units of ten on each result, we
see we are 30 units behind after the series. Now in all games in any
casino including slot machines the most fixed percentage they have
against you is about 5%. Some games are slightly more, some are much
less. Even horse racing, with the worst method you will lose about 10%
of total money wagered with flat bets. This works out to about 45 to 47
winning bets and 53 to 55 losing bets, with slight variations. So the
above
7
sequence of results are much worse than you should encounter
mathematically. They represent about a 28% edge over the player. But we
will use them anyway to prove a point.
Back to our example. When we ended the last series we were 30 units
behind. So lets raise our bets slightly to adjust to the level of results
which we just encountered. Let us raise our bets just 20% for the next
series to see what effect this will have. In our second series we
encounter the following sequence of results:
L W W L W L W W L W L
As the series ended we had a profit of 12 units. Six wins and five
losses with our bets 20% higher than in the last series. We are now a
total of 18 units behind .. .with our overall win/loss results at 10 total
wins and 12 total losses. Now we will adjust our bets slightly upward
since we are still in the red. We will raise them again 20% for the next
sequence to 14 units. We will use 14 so calculating will be easier. The
third series follows:
L W L W W L W W L W
Now as the series above ends we are 28 units ahead, because we were
betting 14 on each result and we won six and lost four. Overall, for
the last three series we have won 16 bets and lost 16 bets. But overall,
for our betting, we are 10 units ahead. We should be even but we are
ahead! And we did this, not by doubling our bets or even raising them
dramatically, but by just adjusting our wagers slightly upward 20% to
the level necessary to overcome the earlier series.
Now do not jump to any conclusions yet. Don't run out thinking you have
PROJECT 202 down pat, and are ready to attack the world of gambling head
on. There are many things to learn. The above examples were a peek into
things to come.
Now when we encounter a»winning series when we first play we must
protect those wins for the next series. So we will adjust our bets
DOWNWARD for the next series. The amount we adjust our bets will be
determined by the capital we had when we first began playing in relation
to how much we have now. This is the same for both wins and losses. For
example, if we bring $100 to the game, whatever the game is, and after
the series, we have lost $20, we have lost 20% of our capital, so
therefore our bets for the next series will be adjusted according to this
figure.
This would also work in the same manner if we were to win 20% on that
first series. The bets for the next series would be adjusted downward
because of the winning sequence.
8
Now the first question comes to mind, how long is a
series, and how do we know when to quit the series and
begin another? This will depend on the game we are
playing and the number of losses we have had within a
given number of results. We will break these different
games down according to fixed percentage numbers so you
will know how to apply PROJECT 202 to each one.
What has been presented so far brings us to the
first rule of PROJECT 202:
The first series will begin with flat bets (all bets
of the same size). The duration of series will be
according to the table...A-l. Once the series has ended,
we will adjust our wagers according to the table...A-2.
* Pass Line and Don't Pass bets only.
** Even bets only. (Red/black-high/low etc.)
*** Even bets only
**** With enclosed systems only. See racing section on how
to apply to other selection methods.
***** Except for KENO. Use rating FOUR for KENO.
The above table was assembled after much research. It is
based on the fixed percentages of each game in relation
to how many decisions are necessary to obtain results
which are as close to probability as necessary... for
each game.
9
This table means, when you have had the listed number of decisions
for the game you are playing...over 85% of the time (86.2% exactly)
the results will be nearly the same if you continued playing. If you
played 25 hands of Blackjack and had the following results...10
losses and 10 wins and 5 pushes (ties)...there is an 85% probability
the results for a continued series would be the same. This means
immediate results. The longer the duration the further the additional
results would be from the original 25 decisions,
We know then to stop the series and begin another with the altered
bet size to take advantage of the expected results for the second
series.
The following table will tell us how to adjust our bets when we end
the first series.
TABLE A-2
CAPITAL
DECREASE
RATING AND BET INCREASE
5% or less (l)Bet same as first series(2)10% (3)25%* (4)5% (5)10%
6% to 10% (1)5% (2)10% (3)50%* (4)10% (5)10%
11% to 20% (1)10%(2)20% (3)50%* (4)20% (5)20%
over 20% (1)20% (2)33% (3)100%* (4)33% (5)33%
*For machines under $1, increase 100% minimum
CAPITAL
INCREASE RATING AND BET DECREASE
5% or less (l)Bet same as first series (2)10% (3)25%*
(4)Same as 1st series (5)10%
6% to 10% (1)10% (2)10% (3)25%* (4)10% (5)10%
11% to 20% (1)20% (2)20% (3)50%* (4)20% (5)20%
over 20% (1)20% (2)33% (3)75%* (4)33% (5)40%
*For machines under $1, do not decrease bets.
The above table will tell us how to handle the series after the first
series has been played. It reads as follows...the rating number which
tells us the series duration (see Table A-l) for each game is listed
in parentheses, the number with the percent symbol tells us how much
to increase or lower our bets after the first series has been played.
Sometimes we will make the same size bets and this will be listed as
"Bet same as first series". I hope now you can see the beauty of
PROJECT 202, Unlike many methods which increase bets after each and
every loss with no adjustment for any good periods which have added to
capital or
10
any adjustment which may have shown the series to end up with a
profit even if the early part of it was no good. To simply
increase bets the same amount all the time after a loss without
knowing what the total affect of the loss is on the capital you
started w I t h . . . is ineffective! Why raise your bets from one unit
to two units...almost 100%, when you don't even know how your
current session will end? It makes no sense. This is how all
gamblers go broke.
The only sensible way to win is to adjust your future bets based
on what your past sessions have done. This method is so
powerful...it is impossible to lose in the long run. Even flat
bets cannot compare to this system of betting. I will give you an
example of PROJECT 202 as compared to flat bets. Even when you
win, with flat bets, you lose when you compare the results to
PROJECT 202. But first, let me explain Table A-2.
Do not think you will have to carry around a copy of the tables
and consult them to know what your next move is. The only thing
you must do is look at Table A-2 after your session to see how to
begin your next session. That I s . . . if you do not have it
memorized. It may look complicated at first, but when you are
playing a specific game, the only information you need is for
that game.
Let us say we are playing Blackjack. This is Number ONE rating.
(See Table A-l). We are keeping track of the number of decisions
for our series, and after 25 decisions we see that we have lost
about $40 out of our $200 capital. Capital requirements and
methods for keeping track of each series will be explained shortly.
They are very easy so don't be scared off. Back to our example.
We have lost $40 out of $200, which is 20%. So we see that
after our first session we have a capital decrease of 20%. Go to
the top of Table A-2, under CAPITAL DECREASE. Look down to the
column 11% to 20%...then look across to the right and you will
see ( 1 ) 10%. We are playing a Rating One game, so we know to
increase our bets for the next session by 10%. We will keep our
bets for the next session at 10% higher than the first, and then
make another adjustment after the second session is over (second
session or "series duration" is 25 consecutive plays, as are all
series durations for Rating One games). Now, if after the second
session (25 consecutive decisions), we are still behind 20% or
less, we will continue our bets at the same 10% higher amount
than the bets in the first series. If we are more than 20% behind
after the second series, we will adjust our bets for the third
series according to table A-2. As you can see, in this case we
would increase our bets for the third series by 20%. Now this
means 20% higher than our bets from the first series, not 20%
higher than the prior series. So if we started with $10 bets in
the first series, and we had to increase our bets 10% in the
second series, and then we had to increase our bets in the third
series to 20%, those bets would be $12. I will list the specific
rules shortly. I just wanted to explain this chart right off so
you would not be confused too long before I explained it. It is
simple when the only information we need is for a specific game.
11
The next specific rule for PROJECT 202, is as follows;
The second series bets will be based on Table A-25 Using our
beginning capital to determine the percentage of increase, or
decrease, in that capital. J8Ii» Table A-2 will tell us the
percentage of our bets which will be increased or decreased.
There are some specific situations which will arise. The following
rules will cover those special situations.
When we end a series and we are still behind with our percentage of
capital, we will continue betting the same amount as the prior
series...UNTIL THE FOURTH SERIES ! If after three series we are
still in a decreased percentage with our capital, the next
series...you will DOUBLE the recommended bet increase in Table A-
2. You will then increase your bets using that bet increased
number...until three more series, or unless you have shown a profit
and your capital is in a positive situation. Once again, if after
the next three series you are still negative capital-wise, you will
again DOUBLE that number of percentage increase. But you will
never increase your bets beyond 2\ times the original wager in the
first series (250%).
Now let's explain. Don't get worried here. It is not as difficult as
it sounds. Let me clarify a few things. First, remember we are talking
about those instances when you are having a "capital decrease".
Follow along with what I say.
*If after the first series you are down 20% with your capital, and you
are playing a rating ONE game, your next series bets will be 10% higher
(let us assume we started with 10 unit bets).
*Now suppose you have ended the second series and you are still down
20% OR LESS with your capital, you will then continue with your 11
unit bets.
,* You have now ended the third series and you are still behind 20% or
less with the capital. You will now DOUBLE the recommended percentage
for a bet increase. So you would begin the fourth series betting 12
units, the 10% listed...doubled.
*After betting each of the fourth, fifth and sixth series you are still
20% or less behind, for the seventh series you would again double the
percentage you had been betting...which would be 40%, or 14 units.
*Continuing on to your next three series, which ends with you still
behind in capital 20% or less, so for the 10th series, you would
double the 40% bet increase and make it 80%...with your bets at 18
units for the 10th series.
12
*If you go three more series with the percentage of capital still 20%
or less behind, you would double the percentage of increase again
like s o . . . 80% X 2=160%...which would be 16 extra units for a total
of 26 units. BUT, we have a 2\ times bet limit increase (250%) so
your biggest bet would be only 25 units. You would continue with
that base bet until your capital was in a positive percentage
situation.
If the capital decrease is over the original 20% decline you would
use that figure as in Table A-2, in the last column... listed "over
20%". You would then double those figures as mentioned above. As
you can see the whole procedure is very simple. You will not need to
use the tables after awhile, because you will have it in memory.
Since you only have to remember the increases for the game you are
playing at the time.
The next rule will handle the situations when our capital is in a
INCREASED percentage state. After that I will explain several points
about SLOT MACHINE play, and the increases and decreases in bets.
When we end a series and we are AHEAD in percentage of capital we
will continue betting the same amount as the prior series, as long
as we are in a positive capital situation and are ahead the same
percentage of capital. If our capital increases over the percentage
of the prior series, we will adjust our bets down as the
recommended percentages in TABLE A-2 dictate. But, we never exceed
the percentages in TABLE A-2, as we did in the prior rule
concerning capital decrease. WE ONLY USE THE PERCENTAGES AS LISTED IN
TABLE A-2... and we do not go any lower.
What this rule means is, if you go beyond the third series and you
are still ahead you do not go in reverse of the prior rule and
double the percentage of bet decrease. You simply continue to bet
the same as the table says to, increasing only when the capital
increase continues. So if you ended the first series with your
capital 10% over what is was when you started and you were playing a
rating ONE game, you would bet 10% less with the second series,
which would be 9 units if you started with a 10 unit bet.
Now suppose you ended the third series with a 25% capital increase
overall...you would start the fourth series with a 20% decrease in
wagers which would be 8 units. You would never go lower than that
since the chart says over 20%...would mean a 20% decrease for
rating ONE game. We do not double the percentages as in our capital
decrease rule. Just use the percentages as listed.
Now do not worry, I will summarize the rules later and outline the
entire procedure. Once you see the simple way to calculate your bets
the whole procedure will fall in line. It is so very simple...much
more simple than the detailed explanations here. I am trying not to
leave any details out at this point, so there
13
will be a rule for each problem you may encounter. But you should not
have any problems. The tables are guides which make* it easier for me
to show you the procedure for each game, not meant to be carried and
consulted at every chance. It is not necessary, and it was not meant to
be used in this manner. Later in this text I will have a section which
will cover the procedure for each specific game. You will know exactly
how to play the game of your choice.
*If you look at TABLE A-2 you will see an asterisk for each number
three rating, which is SLOT MACHINES. We will need to adjust our bets
at slot machines differently than for other games because of the
limitations of coinage we can use. If you start with a 25¢ bet, you
cannot increase that to 30¢ because there are no 30¢ machines. So we
must make adjustments in other ways.
We will do this in several ways. Suppose you are at a 25¢ machine and
you must increase your bets 25%. You cannot bet 31¢, so you must
increase you bets by playing another machine or by increasing your
action. In other words play two machines. Even though you cannot
increase the bets the exact percentages, when playing machines under
one dollar, you must use the chart in the best way. This is what I do.
I never play anything less than a $1 machine now, but when I did, I
played the machines which will accept one to five coins. You may bet as
low as one quarter and as high as five quarters with these machines.
The way I play now is, to seek out dollar machines next to quarter
machines, or play several machines which are a 25¢ machine all at once.
This way I can increase my bets as I wish and as the chart calls for.
But for the 25¢ player you must double your bets after each series as
the table says. Do this with either a one to five coin machine, or by
playing two, then three, then four machines. This way you can increase
as you wish. But do not DECREASE your action when playing 25¢ as a
start. And when you are playing $1 machines, and you must decrease,
move to 25* machines to decrease the right amount.
For heavens sake, don't get into the trap of thinking the machine you
are playing is a lucky machine and you do not want to move from it!
You are the one who is experiencing the series of decisions...not the
machine! The favorable or unfavorable situation will continue in whatever
way the percentages dictate, no matter what machine you play! Please
believe this, and don't fall into thinking the machine is playing
lose. The overall percentages are based on your own series.
14
SUMMARIZATION OF RULES
I will now summarize the rules of PROJECT 202 so you will be able to
clarify any statements made earlier. Although the rules are simple,
you must pay attention to the details of each one. If you have read
the earlier text you will understand the rules much easier, Since it
laid the foundation for what I have said.
* We will begin our first series with bets of the same size. The
series duration for the game we are playing is given in TABLE A-l.
After the first series, we will adjust our wagers for the second
series, and all following series, according to TABLE A-2.
* We will use our beginning capital to determine the percentage of
INCREASE (gain) or DECREASE (loss). Use TABLE A-2 to tell the
proper percentage of increase or decrease in
the second series and all following series...in regard to the size of
wagers.
* Any series which is ended with a decrease in capital will call for
the following series to INCREASE wagers. The exact percentage of
increase will be determined by TABLE A-2. You will continue to wager
the same amount of percentage increase in wagers for each three
series," after which you will double the suggested increase, if at
the end of each three-series set you are still in a DECREASED
capital situation. After each series you will determine the
percentage of increase of wagers by the total capital percentage
decrease.
* You may double the percentages after each three series set, but you
do not under any circumstances go beyond a 250% increase in wagers
from the first series bets ($10 first series bet, would mean a $25
limit bet-250% etc.).
* Any series which is ended with an increase in capital, will call for
a DECREASE in wagers for the following series. The wagers will be
decreased according to the limits in TABLE A-2. But, we will never
go beyond the percentages as listed in the TABLE A-2 (as we did in
the two previous rules above).
* When any series which was in a DECREASED capital situation, shows a
profit overall after that series, the next series will begin as
another first series, and the rules governing first series and
beyond will once again be in force.
· When any series which was in an INCREASED capital situation, ends
any series with an overall capital DECREASE, the next series will
begin as another first series with the rules for the first series
and beyond to be followed.
15
How To Use PROJECT 202 For Each Game
In this section I will show you how to apply PROJECT 202 to different
games» With recommendations for capital size and procedures which
will make the overall use of PROJECT 202 easy.
We will first begin with the Rating One games...CRAPS, BLACKJACK and
BACCARAT.
When you first arrive in the casino, have in your mind the size of
the bets you will begin with. This will be determined by the amount
of capital you will have at your disposal. Capital requirements for
Rating One games do not have to be as high as other games. But, I do
suggest a base bet of at least $5. And $10 is even better. It is
much easier to figure percentages with these amounts. But I do not
suggest you use the $5 bet and go any lower or higher than one dollar
either way. A $5 bet may go to $6, or down to $ 4 . . . but do not
increase by 50¢ (see TABLE A-2, Rating One increases and decreases).
When you must go up or down simply substitute 20% in the early part
for the 5% and 10% increases in Table A-2. Also, in Table A-2,
there is a 5% increase in the 6% to 10% range. This would not be
acceptable for even a $10 bet. So just raise it to 10% when you are
using amounts under $20. You will increase the base wagers any way,
as you win more day in and day out. So when your bets are in the $20
to $100 range you can use the exact percentages given. Do not worry
about the small differences now.
After each series I suggest you change tables. Not for any reason
such as trying to change your luck or anything like that. It will be
easier to start your next series. You may look for another table
which will make you feel more comfortable, but the best reason is
to consult the tables if you need to. And it is always better, to
start a new series, as you start a new table. It does not matter
what table you play at. Don't waste time looking for anything like
so called "hot tables" or "cold tables". It does not matter. Just
get your bets fixed in your mind for the next series and find another
table.
The exact amount of capital you must have will vary of course, on the
starting bets. I would suggest $100 for each one dollar of your
starting bet in the first series. So for $10 starting wagers you
should have $1000. But let me say this. I have never used more than
$150 to $200 when I played PROJECT 202 in the beginning. And so far,
even though my bets are much higher now, when I start the first
series, I seldom need more the same size capital. So $1000 may be
beyond the reach of many, and it may be a larger size capital than
will ever be needed. It is
16
a super safe amount of capital. So let's just keep it at that. When you
play blackjack, you must have hit and stand rules which you must follow.
There is a chart in the back of the book which will give you the best
moves, in handling the different hands you will get. Be sure to double
down and split when it is called for. But count each time the dealer
deals to you as only ONE decision, even though you may split cards and
play two hands.
In Craps, I suggest you play only the Pass Line or the Don't Pass line.
They are the best bets on the layout. And do not lay odds behind the
line. They will throw off your calculations. Stick to the even money
bets at Baccarat only. You can play with the bank or the player.
I keep track of decisions by using chips. Simply keep several one dollar
chips, and drop one on a different part on the green in front of you for
each 4 or 5 hands. Do it in an unnoticeable manner. Be careful, the
casinos are paranoid about Blackjack. So do everything in a casual
manner.
Rating Two Games...Roulette etc.
I love to play Roulette. I do not recommend the other games in
this rating, but PROJECT 202 will win at them. The winnings
will be at a slower rate3though.
When playing Roulette, play only the even bets. It does not
matter which ones, either. Keep track of the decisions the same
as in rating One games. Use chips to count each 4 or 5 spins.
Once again, when a series has ended, change tables, and start
again.
I suggest capital requirements to be about 150 to 1, for a
super safe starting capital ($150 for each $1 starting bet).
Follow the same recommendations when starting with $5 or $10
bets, as mentioned in Rating One games.


There's more, but it's mostly dealing with horse racing, and other forms of gambling.
What is missing is a chart that shows how much to increase bet size by if you down certain percentages.

You can get his general philosophy from what I posted.  

Enjoy

[chrisbis]

Well I did ask didn't Eye!!

It could take me a Fort-night to read that lot.

Perhaps I can speed read a little and try and get it down to 2weeks worth eh!!

[GLC]

Well I did ask didn't Eye!!

It could take me a Fort-night to read that lot.

Perhaps I can speed read a little and try and get it down to 2weeks worth eh!!

It's like a good mystery novel, once you start reading you can't stop.

[Tomla021]

Make believe it's porno Chris it might go faster? At the casino as we speak even read the whole thing twice will try on bj

[GLC]

Make believe it's porno Chris it might go faster? At the casino as we speak even read the whole thing twice will try on bj

Tom,

It's not hard to figure out that he recommends 25 hand cycles for adjusting bet size.  I'm sure you already know basic strategy so playing BJ should be a snap.  It'll go faster than roulette.  Keep me posted on how you do.  I'm not so committed to roulette that I would pass up a winning system on BJ.

Cheers,

[Tomla021]

george i bastardized the system and mm to blocks of 10, 12, 14,, more aggressive on the percentages as we have 10 or 15 dollar minimum tables and hate adding 1 dollar on a red chip.. played a few hours and won -not a ton but won----had to move my way up to 75 dollar bets twice but so far so good and i enjoy blackjack...will play an hour or two when i can as its hard to test bj on paper----happy so far but we all know that one

[GLC]

I'm tracking with you Tom.

I've tried the Project 202 on video poker machine with good results so far. 

I start playing whatever the minimum is to get the full payout if you hit a royal.

Every 50 spins, I increment by 1 if I'm behind by at least 10%, stay put if I'm between -10% to +10%, and if I'm ahead by more than 10%, I re-set to base bet.

So far so good.  Although there have been a couple of hairy drawdowns, when you hit a decent payout, it can bring you back quick.  Maybe he's right with his crazy idea.

Cheers

[Bayes]

Hey George, testmystrategy.com has just added a new option which would be ideal for testing and tweaking project 202 and variants -

[attachimg=#]

link:://:.testmystrategy.com/roulette/european.php