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Depends on how consistent one is, and what kind of ROI is generated. Pie-in-the-sky betting does not work well with any kind of money management. The gain from relatively fast turnover with a positive ROI can definitely be improved with money management.
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AMEN!
IMHO, statements like "Progressive betting is always bad," are just plain false.
IOW, if you have a negative expectancy the
mathematically best way to play is to not play at all.
Admittedly, chase-the-money strategies are bad with a negative ROI, but then, so is every other betting system.
Understand that I am not suggesting that CtM is appropriate and/or comfortable for YOU.
