John Patrick Philosophy + an idea.

[flukey luke]

I am not sure sure how many of you are familiar with any of John's books.
He adopts a very conservative style of play and likes to lock in profits.  I like his ideas on money management but I honestly can't say any of his bet selections stand out. An idea I had was regarding a bet which roughly contains around 12 numbers. So supposing on the very next spin you were going to bet on the numbers 13,15,16,18,19,21,22,24,25,27,28,30.
If you win on this bet, you have made a profit of 24 units. Now if you use John Patrick's philosophy, you want to lock in some of your profit but at the same time you want to continue betting looking for your winning streak to continue. On the next bet, you can reduce them 12 numbers to 6 split bets. 13/16, 15/18, 19/22, 21/24, 25/28, 27/30.
Now if you lose this next bet, you have lost 6 units. However you are still in front by 18 units. If you won the bet, you would have won a further 12 units taking your profit from the last 2 spins to 36 units. On the next bet, you could revert to using single chips on the 12 numbers again. I hope you can see what I am getting at. I think there could be some milage in this strategy if you can arrange a bet selection to incorporate 12 numbers.
It offers you lots of opportunities to lock in profits but also to limit damage as well should things start going wrong.
Let's assume you lost the first bet of 12 units and then decided to play it safe on your second attempt and lost a further 6 units playing the splits. You are now in the hole for 18 units. When your next trigger to bet arrives, if you bet 12 units again and win, you are in profit by 6 units over the entire 3 bets you have made. On the next bet, you can revert back to the 6 splits. If you win, you have made another 12 units for a total profit of 18 units.
Should you lose, you are back to level. However that is not bad considering you have only won 1 out of 4 bets.
I like this conservative approach and I think it is a case of finding the right bet selection to fit it.

[chrisbis]

I get this one John.

Nice Idea to follow, and reduce risk on subsequent bets. Maxing up, then down. nice.

I will re-read again, and digest.

Cheers Flukey 

[flukey luke]

If you play a game waiting for triggers before you bet, there is nothing worse than winning a bet and then losing a bet and you are back to square one again. Then you have to wait for the next trigger to come around. It can be soul destroying if this happens 2 or 3 times on the trot and that's when I find temptation sets in. So I think John's idea kind of solves that problem for me.  
I think a 12 number bet would be ideal. This allows you a good bit of leeway.
Let's assume you had one unit on the 12 numbers for the first round = +24.
6 splits on the second round = +12.
One unit on the 12 numbers on the third round = +24.
One unit + the 6 splits on the fourth round = +36.
After a string of 4 wins, you have +96.
Two units on the fifth round and a loss of 24 still leaves +72.
There are probably loads of different ways to work it but the basic premise is to cut back on the second bet to lock in the profit from a possible first win and then try and ride it for all you can. If you lose the second bet, it's no big deal because you have locked in +18 anyhow.
This has the potential to be lethal with a well constructed and thought out bet selection. I will get my thinking cap on.  

[chrisbis]

Excellent work here John- as always.