What’s up, Otaku Bettors!
The Goodman Betting System is a betting system that adds winnings from a streak to the next stake, then resets to the initial bet on a loss — keeping some profit locked in while still going after bigger returns.
The reset-on-loss mechanic is what keeps a losing streak from doing serious damage.
So today I’m going to break down everything about the Goodman Betting System — how it works, the pros, the cons — in a way that even Smooth Brain Gamblers can follow!
How the Goodman Betting System Works
Using the Goodman Betting System in roulette is super easy!
On each win, step the bet up through 1→2→3→5 — that’s it!
I’ll use $1 per unit as the example here.
- Round 1Win
Won, so the next bet steps up to $2. - Round 2Win
Won, so the next bet steps up to $3. - Round 3Win
Won, so the next bet steps up to $5. - Round 4Loss
Lost — reset to 1 unit.
If you lose at any point, reset to 1 unit and start over. But if Round 4 is also a win, you can either walk away with your profit or keep going at 5 units per spin.
Where to Use the Goodman Betting System
The Goodman Betting System works on even-money (2x payout) areas in roulette.
Place your chips on Red/Black, Even/Odd, or 1-18/19-36.
Pros
The main advantage of using the Goodman Betting System in roulette is that after 3 consecutive wins, a loss still leaves you in profit.
After 3 Wins, Profit Survives a Loss
Roulette tends to run in streaks, so hitting 3 in a row is more achievable than you’d think.
Get past 3 wins and the system is working for you.
Example: Loss on Round 4
| Bet Amount | Win/Loss | Payout | Balance | |
|---|---|---|---|---|
| Round 1 | $1 | Win | $2 | $1 |
| Round 2 | $2 | Win | $4 | $3 |
| Round 3 | $3 | Win | $6 | $6 |
| Round 4 | $5 | Loss | 0 | $1 |
Even losing Round 4, you’re still in profit.
Example: Loss on Round 5
| Bet Amount | Win/Loss | Payout | Balance | |
|---|---|---|---|---|
| Round 1 | $1 | Win | $2 | $1 |
| Round 2 | $2 | Win | $4 | $3 |
| Round 3 | $3 | Win | $6 | $6 |
| Round 4 | $5 | Win | $10 | $11 |
| Round 5 | $5 | Loss | 0 | $6 |
From Round 4 onward you’re betting 5 units per spin — so the returns are substantial, and a loss from that point still leaves solid profit behind.
Cons
The main downsides of using the Goodman Betting System in roulette are that profit requires consecutive wins and that accumulated losses can’t be recovered.
No Streak, No Profit
When the streak just isn’t there, the Goodman Betting System is essentially useless.
Cautious players might do better waiting for a clear run of results before jumping in.
Losses Can’t Be Recovered
Unlike the Martingale, the Goodman Betting System has no built-in loss recovery mechanism — when the streak isn’t there, you need to walk away early or you’ll go under…
A Little History
The Goodman Betting System is a system bet published by Mike Goodman in his book “How to Win.”
For anyone wondering where the name came from — now you know.
FAQ
- Can beginners use the Goodman Betting System?
- Absolutely — the sequence is just 1→2→3→5, so even first-time players can pick it up immediately. Just keep in mind that chasing a streak that isn’t there is where it goes wrong.
- What do I do if I lose?
- Reset to 1 unit immediately. That’s the key feature of the Goodman Betting System — it keeps a losing streak from turning into a serious loss.
- Which areas should I bet on?
- Even-money areas: Red/Black, Even/Odd, or 1-18/19-36.
- What if I win 4 in a row?
- You can cash out right there, or keep betting at 5 units per spin. That said, the longer you ride it, the more exposure you’re carrying — don’t push it or you’ll give back everything.
- What should I do if I’m on a cold run?
- Either wait for the results to show a clear lean, or step away for now. The Goodman Betting System only delivers when you can get a streak going.
Quick Recap
Got the hang of the Goodman Betting System?
Let me run through the key points one more time.
The Goodman Betting System is a system bet that adds winning-streak profits to the next stake, then resets on a loss — chasing big returns while keeping risk in check.
Ride a good streak and the returns can be significant.
Key Takeaways
- Sequence: 1→2→3→5 — step up on each win, reset to 1 unit on any loss.
- After 3 consecutive wins, profit is protected even if the next spin loses.
- No winning streak means no profit — and losses can’t be recovered by the system.
- The appeal: limiting downside while keeping a shot at meaningful returns.
- Best suited for players who can read streaks and identify favorable runs.
The Goodman Betting System is built around the idea of “win big, lose small.”
Read the table, find the right moment, and deploy it when the conditions are there.
Want to Level Up? Check These Out!
- Martingale Betting System
- Double your bet after every loss — the classic negative-progression system that chases recovery with one big win!
- Barnett Betting System
- Ride a winning streak with an up-down bet sequence — the system can stay profitable even when losses outnumber wins!
- Paroli 1-3-7 Betting System
- Step up on winning streaks — even after 10 consecutive losses, 3 wins in a row after that can still put you 1 unit in profit!