A betting strategy also known as a betting system is a structured approach to gambling intended to increase your odds of winning in casinos. Successful strategies increase the odds of winning to produce profits in the long term and not necessarily in one session. Although there are systems for casinos, there are not as many for betting on horse racing races.com.au has some information about horse racing systems.
Betting Systems: A Closer Look
When talking about betting systems there are three different categories:
- Positive Progression Betting - Your bet is increased each time you win. This is a popular technique that doesn't rely on a large bank roll.
- Insurance Betting Systems - Each time you lose a bet you decrease the amount that you are gambling. It is a safe betting system and is widely regarded as 'playing it safe'.
- Negative Progression Betting - The general rule to this system is to increase your bet each time you lose, it's used in order to reverse a losing streak, however it requires a bigger bankroll than the previous two and is considered to be 'risky'.
When reading about betting systems it is important to remember that none of the techniques or systems are reliable, one of the reasons is because all betting systems are constrained by mathematics and probabilities, meaning that there is no sure-fire technique that should be used at all times.
The Martingale betting system is often labelled as a proof tested system due to it's origins, the Martingale system takes for granted the fact that you will lose an infinite amount of times in a single session and applies largely to even money bets.
The principles of the system are as follows: if you win, you should alter your bet, if you lose, you should aim at doubling the best you just lost. The system is a negative progression system and consequently a high risk technique that relies on a considerable bankroll.
The main idea behind the system is that despite the fact that you will lose on a regular basis, there is a moment when you will win, allowing you to recover all of your losses plus an extra. However, a number of casinos have house limits, which means that if you should reach that limit, the technique loses its credibility and purpose.
The D'Alenbert system is similar in principle to the Martingale system but is safer, when using the D'Alenbert system you raise your bet after each loss and decrease your bet each time you win.
Using this technique allows you to compensate for losses by gradually betting higher after losing, whilst letting you keep most of your winnings by betting slightly less each time you win.
The Parlay system is usually used in Horse Racing, the system aims at taking the winnings from one bet and investing those on the following bet. Being a positive progression system it can be regarded as being resonably safe.
Players using this technique generally aim for a winning situation that will occur in a quite distant future as in theory, it should protect the accumulated winnings.
The Paroli system is the exact oppsite to the Martingale system. If you win, you increase your bet as opposed to the Martingale system. The Paroli system substantially increased your winning edge if you are enjoying a winning streak.
Most importantly, this system does not involve a large bankroll.
The Gambling Fallacy technique wrongly assumes that because a certain card of number has not shown up recently that it will definitely happen in the near future, hence the self-explanatory name of this system.
The problem with this technique is that it incorrectly takes for granted that mathematical probabilities will give reason to whoever attempts to predict a 'future' situation.
Relying on the Gambling Fallacy is highly risky, mainly because the factual grounds of such a technique are largely inaccurate. Though it might be tempting in certain occasions to rely on the likelihood of an event to occue by basing one's judgement on past events, it is advised to avoid using this technique.
The system known as the 1-3-4-6 system is a positive progression system that takes for granted that you should be able to win four times in a row. If bets are categorized on a scale of one to six your first bet should be 1 unit, the second 3 units, the third two units and fourth 6 units. Despite the math involved in this system it is fairly straightforward
The system offers insurance by altering the bets each time, and taking money away when you win at particular moments. If you end up winning four times in a row it is a very good opportunity to substantially increase your bankroll.
Although, mathematics have the final word: it is equally as likely that you will lose four times in a row.
If you like one of these systems and would like to try it out, OnlineGambling.com has a list of online casinos that you can try your luck in!