The main aim of online gambling is to win money. It’s the ultimate achievement for the player after having fun. Ever since gambling existed, people have been looking into betting strategies and systems that can help them improve their chances of winning.
Besides being basic human nature, people are always tempting their luck with new systems. Some make it to the public domain while others, never worked and thus disappear into oblivion.
Today, we are going to cover various gambling strategies and systems and how they work.
What is the difference between a betting system and a strategy?
These two terms are used frequently in the online gambling world but few understand the difference between them. Many, in fact, interpret the terms in their own way while others, think they are the same thing.
When it comes to strategy, it does not necessarily refer to any fixed set of rules, but rather an approach or a method when it comes to betting or gambling. So, if you are for example, betting on a sport, you would place a bet based on the factors that might affect the outcome of the match.
You would study all the main factors that could affect the result, prior to making a bet, therefore making a more informed and wiser bet.
A betting system is, on the other hand, about a fixed set of rules. If we had to take the previous example, a betting system would suggest always betting on the best player of a match. There is no strategy in place here, but rather about following a specific rule.
If we had to take the game of online blackjack, the basic strategy of the game is actually about a fixed set of rules. The basic blackjack strategy informs you on how you should act based on the cards you have in your hand and the dealer’s upcard. In order to achieve the best results, you would simply have to follow the rules.
There is no right or wrong way of doing things when it comes to a betting system or a betting strategy especially when it comes to the concept of gambling. What is most important here is whether a specific betting system or a strategy could increase your chances of achieving a win.
Betting systems in place
There are namely three different types of betting systems in place as follows:
- Positive Progression Betting: A betting system whereby gamblers increase their bet every time they win. It is a very popular betting system since it does not require you to have a massive amount in place to kick off the game.
- Negative Progression Betting: There are some gamblers who prefer to bet higher every time they lose with the aim of recovering previous losses. This would require a bigger bankroll and can be considered risky.
- Insurance Betting System: This betting system demands that you decrease your bet each time you lose.
We can’t highlight each and every betting system in existence but we will highlight the most popular and prominent systems out there. These systems have been created on equations designed out of winning history. There is no guarantee of success and they are as risky as not having a betting system in place.
The Martingale betting system
The Martingale system is mostly considered successful due to its age. It has improved considerably over time.
The basic thought behind this betting system is that you alter your bet if you win and double the amount if you lose. This is a negative progression type of betting system which can make it a risky technique and which would require a significantly larger bankroll.
This betting system relies on the concept that you will win at least once to recover your losses and perhaps make a tiny profit.
D’Alembert betting system
This betting system is a mix of a negative progression system together with the insurance system. This betting system aims to win you back the losses in small steps instead of all at once such as the Martingale system.
Bets are raised after each bet that results in a loss and lowered after each winning one. The good thing when it comes to this betting system is that it won’t wipe out your bankroll when compared to the Martingale but there is still a possibility there.
Another benefit of this betting system is that it does not increase your bets in a rapid succession, therefore resulting in small to medium losses. Also, towards the end of your session, you will soon realise that your bankroll has not suffered much. You can still make a small win even if you play a short session.
The Paroli betting system
This positive progression system is the complete opposite of the Martingale system, and is sometimes referred to as the Anit-Martingale betting system.
This system works by making a bet and then increasing your bet when you win rather than when you lose. You would have to have a betting plan, where you would be able to decide the bet build up prior to taking it down a notch to the initial starting bet as well as how much you raise after each win.
This betting system has one main advantage: It gives you the chance to win money from a small bet. However, if you are ready to dent your bankroll in a much slower pace with the aim of potentially hitting a big win, then this betting system is worth a try.
The Parlay betting system
Another positive progression system, the Parlay betting system is quite similar to the Paroli system. This betting system states that you must make a bet and if you win, you re-invest your winnings in the next bet.
Although it might seem good in theory, it is by no way risk free. It does however offer the least amount of risk of all bets.
Kick off your adventure with an online casino bonus
One important fact that we must impart today is that there is no betting system that can work the way you want it to. Otherwise, online casinos would go bankrupt. Remember, all games are games of chance and they are there as a means of entertainment.
Once you have made a profit from these games, it is time to pocket those winnings and quit while you are ahead.
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