Betting systems or strategies work by instructing players on what steps to follow to maximize their earnings. This article focuses on some of the most popular betting strategies for online gamblers. These betting systems have been selected after doing thorough research and testing.
In this betting system, gamblers double their bets after every loss. Here is an example.
Suppose, a punter places a bet of $100, and loses it. His next bet is $200 which he loses again. He now places a bet of $400 which he wins. This way he not only wins his $400 that he staked but also recovers all his previous losses. Thus, at the time of leaving the table, this punter wins $700 in all. The assumption in the Martingale betting strategy is that the gambler has unlimited bankroll.
However, not every gambler has that kind of budget. Also, many online casinos place limits on their tables.
In this gambling strategy, gamblers stake a fixed percentage of their bankroll. This is how this betting system works.
Assume that a gambler has $1,000 and has apportioned 10% of this money for gambling. If the gambler won his $100 bet, he adds this money to the bankroll and bets 10% of the total amount. In this case, it would be 10% of $1,200, i.e. $120.
Many gamblers prefer the fixed wager betting system in online casinos. Here, the player wagers a fixed amount of money. This gives you a better chance of not losing your entire bankroll quickly. On the other hand, the gambler doesn’t have a good chance of winning big money.
In the Fibonacci betting system, punters lay bets according to the Fibonacci series. This is how this series looks like:
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, and so on.
The first unit is always 1, the second unit is 1 plus the number before it, i.e. 0. The third unit is the sum of the second unit ( 1) plus the unit just preceding the second one (1). Thus, the third unit is 3. The fourth unit is the sum of 2 and 3, i.e. 5.
As an example, a gambler places 1 unit or $100 which he loses. Now he lays a bet of 1 unit again, i.e. $100. He loses this money again. Now he stakes 2 units or $200 which he wins. So he moves back again to 1 unit and lays a bet of $100 again.
The biggest advantage in this betting strategy is the gambler doesn’t lose his money quickly. However, he doesn’t land very big wins either. Since many online casinos impose limits on their tables, the Fibonacci betting strategy doesn’t work everywhere.
Please note that the Martingale and the Fibonacci systems are examples of Progressive Betting Strategies.
These betting systems have been popular among the gambling community for many years. There are two reasons behind this popularity.
Firstly, the rules of these betting systems are quite easy and straightforward.
Secondly, many punters believe these systems will guarantee them endless winnings.
The basic premise of a progressive betting system is that you adjust your stake depending upon the win or the loss. There are two kinds of progressive betting systems- Positive and Negative.
In this betting system, punters increase stakes when they win and reduce them upon losing. The Positive Progressive Betting System sometimes works well in Roulette and Blackjack. Gamblers deploy this betting system on even money bets, such as Red or Black, and Odd or Even.
The basic theory underlying the Positive Progressive Betting System is that you maximize your wins and curtail your losses. However, several gambling experts opine that this system does nothing to affect your overall wins or losses on your bet. Here are a few examples of this betting system.
The rules of this betting system are quite simple. First, you set yourself a base wager. In this example, the base wager is $10. If you win your bet, you add another $10 to your base wager amount. If you lose , you go back to your base wager amount. Here is another example, and the game is Roulette.
There is no doubt that a punter would land big wins if Black comes 5 times in a row. In that case, the total win would be $150.
Had the punter staked $10 after every win, he would have won $50 only. On the other hand, 5 successive losses after every stake of 410 would have totaled to $50. This means that using the Paroli betting system can make a punter richer by $100. However, there is no guarantee that a punter would get winning and losing streaks. There might be a win followed by a loss, and so on. Here is an example:
In this case, you can see that this betting strategy has cost you $30 over 6 spins. You will also notice that even though you have won the same amount of stakes that you lost, your wagers are higher when you have lost than when they have won.
The key takeaway is that Positive Betting Systems, such as Paroli do nothing to affect your wins. However, you can utilize them to keep your losses down.
1-3-2-6 betting system
This betting system is influenced by the Paroli system to some extent, and can be used on Blackjack, Roulette, Craps, and Baccarat.
The 1-3-2-6 betting system is quite simple and works in the following manner.
As you can see, you make a profit of $60 here by making two bets of $5 each. Players should have adequate money before laying bets per this system.
There are several reasons why punters should use this betting system.
Contra D’Alembert System
This betting system is also very popular among the gambler community. In the Contra D’Alembert system of betting, you raise your stakes when you win and lose them upon losing. You can use this betting system on games like Craps, Roulette, and Blackjack. Here is how you implement this betting strategy.
Step 1- Set a base stake. This could be as low as 2% of the total amount you are willing to lose.
Step 2- Start with one unit. If the base wager is $10, then this unit is $10.
Step 3- Increase your stake after a win. If you win on your base stake of $10, the next stake should be $20. If you win again, the next stake would be $30.
Step 4- Reduce your stake after a loss. This means your stake size would be $20 after a loss.
Though this is a very simple betting strategy, it has its own advantages and disadvantages.
Pros and Cons
The biggest advantage is you protect your losses. For example, if you lost your first ten wagers, you would have lost only ten units. On the other hand, in the Martingale strategy, your loss would have been 511 base units.
The Contra D’Alembert system also helps you lose slowly. On the other hand, if you hit a winning streak, your wins could be quite attractive.
The biggest disadvantage of this system is that you still lose even if you are losing and winning the same amount of wagers. For example, if you win, then lose, then win again, lose again, and then win and then lose, you would still be down by two units.
In certain combinations, you can still lose money even if you win more wagers than you lose. Here is an example where you are betting on black, and the base unit is $10.
As you can see here, the net loss here is $20, despite you winning your wager 4 times, and losing just thrice.
Reverse Labouchère system
This betting system is not as easy as the others discussed above, but it has some straightforward rules. You can use this betting system on Blackjack, Roulette, Craps and a few other games.
The first step is to decide a sequence of numbers to implement this system upon. Let this sequence be 1-2-3-4.
Once you have identified a sequence, it is time to lay your first wager. This wager amount should be the sum of the first and the last digits in the sequence. In this case, the wager amount would be 1+4=$5.
Now if you win your wager, add this number to the sequence in the end. Now the sequence would be :1-2-3-4-5. On the other hand, if you lose your bet, remove the first and last numbers from the sequence. So, the new sequence would be: 2-3.
There are two additional rules in this betting system. The first one is that if you have just one number in the sequence, that number is your stake value. Secondly, once all the numbers are removed, you start all over again with a fresh sequence.
While you can choose any number pattern, there are two important considerations:
Many punters believe that the total of the sequence should be 10% of your bankroll. If the bankroll is $500, the sequence should be 1-2-3-4-5-6-7-8. There can be other variations as well.
The Reverse Labouchère system can award you big wins in the right conditions. Like other betting systems, this one does nothing to offset the house edge.
The theory underlying these systems is that eventually you will win money. Also, all your wins will come at higher stakes than your losses. This section explains two popular negative betting systems.
D’Alembert betting system
This system is pretty straightforward and that is why it is quite popular among gamblers. This is how it works.
So as you can see, this betting strategy is very easy to understand. There is little doubt that you can win money using this system in the short term. This holds true even if you lose more bets than what you win. Some D’Alembert sequences can be quite costly though. Here is an example:
As you can see, you are losing $105 after six straight losses, and thee is no guarantee these losses would be reversed. It can be concluded that this system does nothing to stop your losses in the long term. However, in the short term, you can make a small profit.
This betting system is not for those who are looking for progressive betting systems. Labouchère is one of the better betting systems in the gambling world, despite being somewhat complicated.
In Labouchere, players increase their bets on losing and reducing them after winning. This betting system is quite similar to Martingale, but there is one important difference between the two. The Labouchère does not attempt to recover all the previous losses with a single win; rather it tries to recoup those losses with multiple wins. This is how this system works.
Step 1: Write down a sequence on a piece of paper. Let it be 1-2-3.
Step 2: Your total stake should be the sum of the first and the last numbers, i.e., $4.
Step 3: If you win your wager, remove the first and last numbers from the sequence. Now the sequence becomes “2” only.
Step 4: On the other hand, if you lose your stake, add the staked amount at the end of the original sequence. Thus, the revised sequence is 1-2-3-4.
If there is only one number left, stake that number and if you win the cycle is over. However, the situation gets complicated sometimes. Here is another example:
Suppose the sequence is 1-2-3. The staked value is $4, and if you lose it, the revised sequence is 1-2-3-4. Now the staked amount is $5. If you win this bet, the revised series is 2-3. Now the new bet value is $5. If this money is lost, the new series is 2-3-5. The revised stake amount is 7. If you win this amount then just 3 is left in the series. If this value is also won, then the total win is $15, while the total loss is $9. The net win is $6 which is the sum of the numbers of the original sequence.
Now let’s look at another example:
In this example, the gambler still makes a net profit of $6 despite posting more losing wagers than the winning ones. In fact, the main concept of the Labouchère system is this: by removing all the numbers in the series, you will post a profit equal to the sum of the numbers of the original series.
Main advantage of Labouchère
The main benefit of this betting system is you can change your betting sequence in the beginning. For example, if you start with a long chain carrying higher numbers, you can post a profit assuming you finish this series.
There is no doubt that this betting system works even if your winning bets are fewer than the losing ones. But there is no guarantee that this situation will remain forever. If you hit a very long losing streak, you will exhaust your bankroll.
To sum up, there are several betting systems for you to choose. Most of these fall into two categories; Positive and Negative Progressive Systems. In the former, you increase your bets when you win but reduce them upon losing the game. Conversely, in a Negative Progressive System, gamblers increase their stakes when they lose and reduce them on winning. The rules for both the sets of betting systems are easy to understand. Some punters apply the proportional and fixed betting strategies as well. In the former, the bet amount is proportionate to the total bankroll. On the other hand, in a fixed strategy, the staked amount is constant irrespective of the player’s bankroll. There is no perfect betting strategy in the gambling world. However, with the right experience and skill, you can reduce the house edge and land big wins. Punters should also avoid the Gambler’s Fallacy. In this fallacy, gamblers assume that a certain random event would occur again depending upon its occurrence in the past. Gamblers should understand that every event is independent in nature. Secondly, every online casino game has a unique house-edge. While it is difficult to beat a casino on a particular game, the player can use the right betting strategy to reduce the house-edge. Finally, this article also addresses the question of how much you should stake in your game. Ideally, your staking amount should be no more than 2% of your bankroll.
Read our comprehensive review about the 20Bet welcome casino bonus to discover more about the bonus and how to claim them. Click here for more info!
Learn about Rabona Casino’s sports book and collection of generous bonuses. Click below for all the information you need.
Are you looking for a detailed and honest review about betzest welcome bonus? If so, keep on reading this article to the end.
Read our detailed review of 888Starz.bet welcome bonus and other features in this article. Click here to start reading.
22Bet sportsbook offers up an exciting selection of different sports and betting markets. Click here to find out all about the bonus from this site.
Start the thrill of gambling today with the Betsson sportsbook welcome bonus. Read this gambling guide and make your first move.
This Megapari online casino review helps gamblers make informed choices on their games. Please read it and stay ahead of others
Sportaza sportsbook offers up an exciting selection of different sports and betting markets. Click here to find out all about the bonus from this site.
Read our review of Sportsbet.io welcome bonus, sports, casino games and other features in this article. Click here to get started.