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Lesson 18

Betting Systems

So, you've found a few cool casinos and found a few different games that you enjoy.

Now, you're looking for different ways or strategies to increase your success rates and probably learning about many different ideas and suggestions.

Well, before you dive in to any particular system that a group or individual advocates, you should be aware of some of the dangers and fallacies regarding betting systems in general.

Below, we've briefly touched upon a few.

If you'd like more detailed information than that found below, visit our betting systems page which is completely dedicated to the topic.

Basically, betting systems can be divided into 3 categories:

  1. Positive progression betting - increasing your bet when you win; these are popular because they don't require a large bankroll.
  2. Negative progression betting system: increasing the bet when you lose. These systems require a larger bankroll and are mostly used to force a winning outcome after a losing streak. This type of system is extremely risky and worth avoiding.
  3. Insurance betting systems: decreasing the amount of your bet when you win. This type of system is usually referred to as playing it safe.

Do Betting Systems Work?

Below, is a brief list and description of some examples of the more popular betting systems. To learn more about any individual system, go to our betting systems section where a more detailed definition is provided.

Before you attempt to employ any of these techniques, it's important to realize that there is no sure-fire solution and all betting systems are generally flawed when exposed to realmathematical probabilities.

Remember, they call it gambling for a reason - do NOT rely on one particular system as a fool-proof guarantee of success.

  • Gambling Fallacy
  • Martingale System
  • D'Alenbert System
  • Parlay System
  • Paroli System
  • 1-3-2-6 System
  • Labouchere System
  • Parimutuel Betting


Continue to Lesson 19

 

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