Bet On Sports at Bovada!

Betting Systems

SilverOak Casino

Silveroak Casino
$10,000
Signup Bonus
New Offer - Up to $10,000 FREE!
Visit Silveroak Casino
and Get $10,000
Welcome Bonus!
Vegas Casino

Vegas Casino
$3,000
Free Bonus
Receive a 150% BONUS on your initial Deposit FREE!
Visit Vegas Casino and Get $3,000 Welcome Bonus!
Lincoln Casino

Lincoln Casino
$5,000
Signup Bonus
Lincoln Casino awards you as much as $5,000 FREE!
Visit Lincoln Casino and Get $5,000 Welcome Bonus!

Betting

Want to know how to increase your odds of winning big at online casinos? Read our basic description of some popular betting systems that may help you increase your odds.


Overview

Betting systems have been used for many years and have varying degrees of success and failure.

Although there are many different types of betting systems, they mainly fall into 3 basic categories: positive progression, negative progression and insurance.

Positive progression betting systems allow you to increase the bet when you win. This 'let-it-ride' philosophy requires less capital and is usually employed to take advantage of winning streaks.

Negative progression betting systems allow you increase the bet when you lose. This philosophy requires more capital and usually employed to force a winning outcome following a losing streak. 

Insurance betting systems allow you to decrease the amount of your bet when you win, usually following a high initial bet or following short 'let-it-ride' progressive wins. This "play-it-safe" philosophy is a good compromise between the previous two progressive systems.

When choosing a gambling system for yourself, you should aim for consistency and employ the same strategy for blackjack as you would for roulette.

Since most casino games have a defined house edge, you are looking for a betting method that can actually reduce the house edge, instead of a betting system that simply keeps track of your winnings and losses to stop you before you lose too much.

Of course these techniques are essential too, but to truly increase your odds, keep your eyes peeled for gambling systems that reduce the house edge of the game.

top

The Martingale betting system

The Martingale system is a simple strategy that is probably the oldest of betting systems. Since most other betting systems are based on a variation of this system, it best to have a basic understanding of the theory of this system.

How it works: This negative progression system is based on the probability of losing infinite times in a row and is usually applied to 'even money' bets.

You begin with one bet. If you win, you start again with one bet. If you lose, you double your bet. Each time you lose, you double your last lost bet. Eventually you are bound to win. When you win you would recover all your lost bets plus one unit (or chip) profit against your initial wager.

Using it in Roulette: The Martingale is played on the even chance bets on a roulette table, and the basic idea is that if you bet on one of the even chance bets (e.g. Red) eventually it will hit.

With this in mind, if you increase your bets after each losing spin so that you win back all of your losses plus one unit. In order to win all previous losses back plus one unit you simply need to double your bet each time

Conclusion: Playing the Martingale system will probably (but not definitely) win you a few dollars when you start out using it, but eventually you will get stung badly. Although infallible in theory, the Martingale system requires a large bankroll, has a very low return and is a very risky one because of the maximum bet limits imposed by the casinos.

top

The Paroli betting system

This positive progression system is in a way the opposite of the Martingale system, and is sometimes referred to as the Anti-Martingale system.

How it works: You start with one bet and you increase your bet when you win rather than when you lose.

However, you will need to plan a betting procedure whereby you know how far you will let the bet build before you take it down to the initial starting bet and how much to raise after each win. This obviously depends on the type of game played and the odds of the bet.

Conclusion: The Anti-Martingale offers you the chance to win a lot of money from a small stake, but the price for these big payoffs are that you don’t get any small payoffs to keep your bankroll intact. If your prepared to lose your bankroll slowly but steadily with the possibility that you will hit a big win occasionally then the Anti-Martingale may be worth a try.

The advantage of this system is that you do not require a large bankroll. It lets the profit run and cuts short the losses.

top

The Parlay betting system

This positive progression system is similar to the Paroli system and has the effect of 'pyramiding' your profit. Pyramiding is a parlay wager whereby the original wager plus its winnings are played on successive wagers.

How it works: Basically you make a bet and if you win you re-invest the winnings on the next bet. You 'let it ride'.

It is one of the oldest methods of wagering and was originally derived from the same premise that banking systems use to compound interest.

Conclusion: This method of play is by no means risk free, but it offers the least amount of risk of all wagers since the player is only concerned with either a win, place or show selection or a combination of the three.

top

The D'Alenbert betting system

This system is a mixture of a negative progression system (like the Martingale) and the insurance system. This system tries to win back your losses in small steps instead of all at once like the Martingale.

How it works: Bets are raised one unit after each losing bet and lowered one unit after each winning bet. The sequence and amount raised or lowered can be varied to suit particular games and odds.

Using it in Roulette: This system works under the assumption that over a period of time there will be an equal number of ‘reds’ and ‘blacks’. We start the session by placing one unit ($1, $5 or any other value) on one of the even chance bets (e.g. ‘red’), after a losing spin we increase the next bet by one unit and after a winning bet we decrease the next bet by one unit.

Although the d’Alembert reduces the chances of a complete wipe-out of your bankroll when compared to the Martingale, the possibility is still there. A long sequence of consecutive losses or a period of time where ‘black’ occurs more often than ‘red’ will soon put the system in a position where it becomes almost impossible to recover. As always the house edge works on every spin, and so increasing your bets will eventually increase your losses.

Using it in Blackjack: This system can easily be adapted for use on blackjack by following a couple of simple rules.

When you have a stand off the next bet remains the same.
 
If you win a double or split you must step down your bet by one unit for every stake won.

If you get ‘blackjack’ then you can either count this as a bonus and step down your next bet by one unit as usual or you can step down your next bet by two units.

 Conclusion: d’Alembert gives you two bonuses over the Martingale, firstly you do not increase your bets as rapidly which gives you the chance to stop a session and accept a small to medium loss. Secondly, you can find that your bankroll is positive before a session is complete, this give you the option to cut short a session with a small win.

The main problem is that which is related to all progressive systems - you will win little and often but when you lose it will probably wipe out all previous winnings and eat into your main bankroll.

As with all progressive systems you must be very careful when you use them, the d’Alembert is not as dangerous as the Martingale but it can still be the cause of very large losses.

top


The 1-3-2-6 betting system:

This positive progression system is similar to the Paroli system and is based on the premise that you can win four times in a row.

How it works: Your initial bet is 1 unit, the second 3 units, the third 2 units and the fourth 6 units.

For example, let's assume that each unit is $10 and the odds are 1:1 - even money. The first bet is $10. When winning, $10 is added to the $20 on the table making the second bet $30. When winning again on the second bet, there would be $60 on the table. Of this you take down $40 and the third bet is now $20. If the third bet wins, you will have $40 on the table to which you add $20 making a total of $60 for the fourth bet.

If the fourth bet wins, there would be a total of $120, of which $100 is net profit. Now all the bet with the profit is taken down and you start the system all over again at $10.

If you lose the first bet, your loss is $10. The second level loss is $20. At the third level, a loss will give you a net profit of $20. At the fourth level, a loss leaves you breaking even. Each time you lose, you start all over again at $10.

Conclusion: The attraction of this system is that you risk $20 at a chance of making $100 net profit. This means you can lose five times, and with one win get your money back.

top


Copyright © 2001 - 2016 Free Internet Gambling - All rights reserved.