What would happen then if I waited till there had been already a run of 10 or 15 non winning streaks and then started betting.
You can get another runs of lose streak or you can have some win and loses. No bets affect each other, even if you have alot of lose, it cannot be guaranteed your next one will be a win. There is a equal chance of either a win or lose.
If you have a string of bad "luck" then you could quickly either hit the max bet or your bankroll would run out. This is the flaw of this type of gambling system.