This strategy is too risky and if you think to beat the house, you should not rely on this strategy.
The only strategy that can beat the house is to quit while still winning profits. This way the house can't have the chance to recover the winnings of the player. And best if the player withdraws it and use it elsewhere worthy.
A strategy that most of us can't follow due to the eagerness to win more. Usually if we're playing and already in profit, we tend to continue for wanting more. There are gamblers who can control themselves and wise enough to withdraw their winnings. But many gamblers are unable to do so.
Anyway, whatever strategy you use when you play, if it can increase your chance to win then do it, otherwise, quit and refrain from playing to avoid more losses.