Its not to infinite, its 7 bets if you lose your up start over at eazch loss, and on a max bet 200$ table it works fine, you just go back to your minimal bet each time you lose.
That is still martin gale, you just modified its steps and has a reset when a particular number of losses is reached. Nothing new to what you described in the OP. The fact is no betting strategy will ever work in gambling, it has been proven countless times already. You can try it yourself, play a good number of hands and you'll soon realize the truth.