| Betting
Systems
There are an enormous number of betting and money management
systems out there, most claiming to have been
developed through years of personal experience at the tables
and typically available for sale.
In truth there are very few original betting systems with
the majority available today being variations and
modifications of the originals. The first known and oldest
bankroll system was The Martingale System. Spread of
Martingale systems was one of the original reasons the
casinos decided to implement table limits as the casinos
seriously feared for their well being back in the old good
days.
Betting systems are equally applicable to online casinos as
they are to the tables in London or Las Vegas. They are most
suited to table games where there is less opportunity for
the player to influence the house payout. At the Blackjack
table, for example, most players would be expected to use
Basic Strategy and a few to use card counting techniques to
turn the payouts more in their favour. Betting strategy may
then be determined by how �hot� the deck is. At the other
table games � Roulette, Craps, Baccarat � the house payouts
are determined only by the rules the table applies and a
money management system can be a useful discipline to apply.
These systems can also be applied to Sports Betting eg horse
racing.
The different gambling systems fall into three groups with
extremely different characteristics. It is important for you
to understand your risk profile before you start using these
systems.
Negative Progression Systems
��������
You increase the bet when you lose
��������
Require more capital and usually employed to force a winning
outcome following a losing streak
��������
High risk strategy
Examples of Negative Progression betting systems are:
��������
The Martingale System
��������
The D�Alenbert System
��������
The Labouchere System
Positive Progression Systems
��������
Here you increase your stake when you win, the �let it ride�
principle
��������
Require less capital and are normally used to take advantage
of winning streaks
��������
Low risk systems
Examples of Positive Progression betting systems are:
��������
The Parlay System
��������
The Paroli System
��������
The Reverse Labouchere System
��������
The 1-3-2-6 System
Insurance Systems
��������
You decrease the amount of your bet when you win, usually
following a high initial bet or following short
'let-it-ride' progressive wins
��������
Conservative
Examples of Insurance Systems are:
��������
The D�Alenbert System |
