A money-management system such as the Stepladder is for the player who is not too greedy in craps, roulette, and baccarat, many times one or the other even chance comes up more often than its normal 50% quota.
A series of 5, 6 and more consecutive repeats of the same decision occurs frequently. The Stepladder System is designed to take advantage of such strings. Think of each ascending number in this series as a rung of a ladder:
You want to climb that ladder one rung at a time. In order to do so safely, the rungs must not be too far apart.
The numbers represent betting units, which could be $1, $5, or more, depending on the size of your bankroll.
Begin by betting 5 units, and move up one rung when you win or down one when you lose.
At a choppy table, where wins and losses alternate and balance out, you would have lost 15 units after 30 decisions and things would be pretty boring.
If they don’t alternate or balance, you might have your bets on the losing side, and that would be worse.
The first eventuality is not very likely and this is how you eliminate the second one: If you encounter two or three consecutive losses, especially once you’re more than half-way up the ladder, change tables or switch to another system.
Using even a stack of chips or just one rack at the craps table will tell you at a glance how you are doing.
The suggested bet series shown above is one that has proven to be practical, but it’s only a guideline. Let the state of your stake help you decide how steep a progression to use. If you want to be really prudent, move ahead only when you’re a net winner at that moment.