Betting Strategy

A betting strategy or betting system is a calculated path to gambling designed to opposite the basic advantage retained by the house in casino and card games and by sportbooks in dog racing and sports betting. Aa advantageous strategy should raise the edge of profits in order to create long term profits from a quest under which regular situations will only ewnd up resulting in a long term deficit.

Most betting systems are evaluated on statistical basis, looking to take advantage of the exceptional situations when the odds are on the side of the gambler. Alhough the foundation of all chances taken is Basically equal, betting systems fluctuate relatively to the rules and condotions of every specific game. The most incorporated betting systems are:

  • Card games – Card counting
  • Roulette – Martingale
  • Horse racing – Hedging, Arbitrage
  • Sports – Handicapping
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    Probability of Independent Events

    The listed betting strategies are appropriate for games that function on independent events. For these games, the odds of a specific end result are equal for each bet wagered. This strategy type can not beat the house edge after a long period of time, and each of them eachange lots of inconsiderable wins for a huge loss or the other way around.

  • Anti-martingale
  • Contra d’Alembert
  • d’Alembert
  • FBetS
  • Kelly criterion
  • Martingale – doubling bet after each loss until a win is achieved (or fails when the amount of the bet becomes excessive)
  • Paroli of Three
  • Regression
  • Sleeping Cheval
  • Split martingale
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    Fallacy of Gambling Systems

    Gambling systems are useless in defeating casino games while betting with a house advantage. Roulette wheel and dice do not have any memory. Each spin in of the roulette wheel and every dice toss while playing craps is seperate of all previous occurances. In the short run, while betting, you may trick yourself into beleiving a gambling system works, by risking large sums of money just to gain a little back. However, in the long run no gambling system can endure the test of time. Additionally, as you play longer, the ratioof money lost to the amount bet will come closer to the calculations for that betting game.

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