I'm not here to teach this system (I'm not qualified to doing it), so I will keep it simple.
Works that way: Let's say I'm betting 100$, in case of winning, i keep betting these 100$, but if I lose i have to always double it up (till i win my 100$) that said my next bets have to bet 200$, 400$, 800$, 1600$, 3200$... let's say that i won 3200$ bet so I lost 3100$ and won 100$.
I tried to apply this concept to a Blackjack table here in Gamedesire. Here is what happened:
The table bet was 100$ and the limit 2500$.
I started betting 100$ and I lost then i bet 200$, 400$, 800$, 1600$ without lucky, my next bet then should be 3200$ but the table limit was 2500$ so I ended up losing 3100$.
My conclusions are: I'm not smart enough to make a living gambling and that the limits in the tables were those to blame.