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There are myriad gambler fallacies that want to somehow sway the outcome of casino games in the player’s favour. But the true way to achieve this is to learn more about casino betting systems. While it’s true that there is no one sure-fire betting system to pick from, and they will all inevitably result in a loss, these systems are smart ways to improve your gameplay a fair bit.
You stand to benefit in numerous ways by picking the right betting strategy. Of course, there are some further considerations to account for. For starters, you need to tailor any betting strategy to your bankroll, account for what may go wrong, and know when to quit – usually after securing a good whack of additional funds. Admittedly, you can end up winning more money thanks to a casino betting system, but you still need to know when to quit, too!
The most important thing here is to remind yourself that, for better or for worse, there is no way for you to control the outcome of any casino game. They all boil down to pure luck, except for blackjack and poker. Then again, there are many small conditions and factors to watch out for. We present you with the two most prominent strategies used in casinos the world over.
Martingale is perhaps the most popular strategy out there. It’s easy to play through and follows a basic sequence of bets and events. For starters, it’s important to understand that the Martingale system only works on 1:1 bets. In roulette, this is usually the outside bet.
So, using the example of Outside Bets, the strategy is as follows. You pick a base unit, let’s say $1. Then, you double your win after every loss and stick to the base unit after every win. So, if you bet $1 and lose, you bet $2. If you bet that and lose, you bet $4.
Once you return to profitability, you keep betting $1. Why not bet $2 from the start or even $5? Well, most betting tables have a limit of $500-$2,000. What this means is that if you hit around ten losses in success, you may not be able to double to recover losses.
But hold on, is that a real possibility? Yes, it is. These strategies have been tested and in 4 out 5 times when Martingale (or most other strategies are played) in 1,000 simulations (i.e. placing 1,000 bets), they fail – meaning you lose your money.
With this said, Martingale is an exceptional strategy that is novice-friendly and that makes it very simple for you to adapt to any type of play. Starting small is usually better (even if you have the money) as successful losses won’t restrict you out of the table limit soon – or at least that’s what players hope for.
Fibonacci is a bit different strategy in the sense that it doesn’t follow the same cut-and-dry logic. Well, it has a logic and it’s based on the namesake Fibonacci sequence. Basically, you bet according to the following numbers:
1 – 1 – 2 – 3 – 5 – 8 – 13 – 21 – 34 – 55 – 89 – 144 – 233 – 377 – 610 – 987
Basically, the strategy works in a way where if you bet and lose you move one number up the sequence. If you bet and lose again, you put together the sum of the previous bets. So, if you bet and lose on $1, you bet $1 once again. If you bet and lose on that, you now put together $1+1 and bet $2. If you win, you go back to $1 but if you lose, you put together 1+2 and move to 3, and so on.
Hold on, does this work any better than Martingale? It gives you the exact same statistical probability of succeeding. The system is believed to be very safe in general, but the longer you play, the more likely it becomes the successive wins will end up breaking up the betting limit and you might end up in a loss.
The good news is that it happens very slowly and over time. Once again, though, you must be scrupulous about the bets you place here. You must bet on even-money bets only. Once again, we will give you an example of roulette. Outside bets have an almost 50% chance of winning—or they come very close at least. Sure, the house edge is still there, but it’s minimized.
Betting systems are great – they help you win real money at an online casino or, at the very least, they make sure that you do not end up charging into huge losses either. The truth is that betting systems do truly help, but you need to exert a fair amount of game understanding.
There is always a moment when you may have hit a huge advantage (meaning you have generated a tidy sum on top of your base bankroll) and then you feel disciplined to stop your session. After all, why end now? Well, there is no telling which way a session will go. Sometimes, it really helps you win, but sometimes you may end up with a succession of bad bets.
Either way, mastering these betting systems is very easy, and if you stick to them, you will notice that you are very likely to lose much less money, and even have an excellent opportunity to win a fair bit yourself.
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