Labouchere ( blackjack)
A betting progression, also known as the cancellation system. A bettor chooses
a series of two or more numbers
which add up to the profit he intends to make. He then bets the total of the
two outside numbers in the series and
cancels those numbers if he wins. He continues betting the two outside un-cancelled
numbers until he has completed the series.
If he loses a bet, he adds the amount of his loss to his series as a single
number. He must therefore cancel out two
numbers for each number added. This system is a good way to lose good money
fast.
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