Here we present you with an introduction to the following betting systems. These serve as a starting point for gamblers looking to learn more about how to beat the online casinos. The money you gamble with any betting system is at your own risk.
Gambling systems can be split into 3 different types –
Positive progression betting systems – You increase the bet when you win. Kind of ‘let-it-ride’. Require less capital and usually employed to take advantage of winning streaks.
Negative progression betting systems – You increase the bet when you lose. Require more capital and usually employed to force a winning outcome following a losing streak. (Very Dangerous! Avoid these systems if you can.)
Insurance betting 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. (A good compromise.)
Here are the most common gambling systems you will find –
D’Alenbert System (Negative progression and insurance)– With this system you increase your wager by one unit after each loss. You decrease by one unit after each win. For example, say you begin at $5. If you lose, you bet $10, or two units. If you lose again, you bet $15, or three units. If you win the third bet, you drop back to $10. Another immediate win will cause you to drop to one unit, or $5. In other words, you change your unit after every win or loss. The problem with this system is that you will most likely experience a big loss after working up your winds to a very high level.
Martingale System (Negative progression) – The Martingale system is a very old and extremely simple system. It is based on the probability of losing infinite times in a row and is usually applied to ‘even money’ bets. It is an easy system to understand. Say your first bet is $1. If you win the bet, you start again at $1. If you lose the bet, you double the next bet. Winning the next bet gives you a win of $1 ($1 lost, followed by $2 won). If you lose again, though, you double your bet again, this time to $4. And again, a win at this stage results in $1 ($1 lost, $2 lost, and $4 won). So it continues until you win. Given a “normal” sequence, it should not be too long before you register a win that covers your losses and provides a profit of $1. Using blackjack as an example, in only eight hands, you would have to bet $128 to win back $1. 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. If you run out of money or reach the house limit, you can lose a lot with no chance to recover your losses.
The Labouchere system (Negative progression, also called the ‘Cancellation System’) – This system is also called the ‘Cancellation’ system. There are many variations. In its simplest form, you write down a series or a set of numbers; say, 1 2 3 4 5 6. The series can be short or long and not necessarily sequential such as 1 1 1 3 3 5 7. The choice of a particular series depends on the type of game you want to apply it to and the odds of the bet.
Each number represents the amount in units or chips to bet. You bet the first and last of these numbers. In this example 1 and 6, which totals 7 units.
If you win, you cross out the two numbers and bet the next two ‘ends’ (the outside numbers). In this instance 2 and 5. If you win again you bet on the next two remaining numbers 3 and 4, and if you win that too, you would have made a ‘coup’ or completed one game. Then you start all over again.
If you lose, then you add that one number to the end of the series. Say you lost your first bet of 7 units (1+ 6). Then you add number 7 to the end of the series to look like this: 1 2 3 4 5 6 7 and your next bet would be 8 units (1+ 7). If you won the first bet but lost the second 2 and 5, then the series of numbers would look like this: 2 3 4 5 7.
If you work it out, you will see that when the series is completed or when you make a ‘coup’, there is always a profit. The negative side of this system is that you could end up betting large sums of money even if your initial bet is small.
The Paroli system (Positive progression) – This system is in a way the opposite of the Martingale system. 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.
The advantage of this system is that you do not require a large bankroll. It lets the profit run and cuts short the losses.