Ever since gambling was first invented, people flocked to it in search of fun and entertainment. Aside from this, people also enjoy gambling due to the fact that it offers them a chance to earn money while doing something they enjoy.
That’s why numerous casino players tried to develop various strategies and betting systems that will not only help them have more fun but also potentially win more frequently. Finding a way to beat the house edge has been quite a popular mystery many have tried to solve.
Unfortunately, it seems like none of them had any particular luck. Simply put, it appears as though there really is no way to beat the house edge. That being said, however, there are three main betting system types many players still choose to rely on.
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Three main types of betting systems
Even though we’ve already established that following a particular betting system is no more than just one of the most popular casino myths, many players still choose to give them a shot. These include:
- Positive progression betting – revolves around upping your bets after every win. This system is quite popular due to the fact that it doesn’t require a huge bankroll, as gamblers will only be using their winnings to continue playing.
- Negative progression betting – revolves around upping your bets after every loss, hoping to ultimately recover everything that’s been lost. Needless to say, this is potentially the most dangerous betting system, as it can easily lead to you losing all of your assets. Not only that, but players who rely on this betting system oftentimes develop negative behavioral habits towards gambling.
- Insurance betting system – revolves around decreasing your bets after every loss, thus preventing you from ending up chasing them.
Four most common betting systems according to types
Now that we know what are the main three types of betting systems, let’s now take a look at some of the most popular systems themselves. It’s worth noting that these are not the only betting systems out there, but they are the most commonly used ones.
The Martingale betting system
Allegedly named after John Henry Martindale, a London casino owner who first came up with this strategy in the 1700s, the Martingale strategy is the most popular negative progression strategy. According to it, players should alter their bets if they happen to score a win and double their bets if they end up losing. Needless to say, this betting system requires quite a substantial bankroll. Since this technique is so risky, making it super easy to potentially lose everything, not all gamblers choose to rely on it. However, those that do hope to recover their losses and potentially even make a small profit.
The D’Alembert betting system
Dating back to the 1800s and named after a French mathematician, the D’Alembert betting system is sort of a mixture between the insurance system and the negative progression system. According to the D’Alembert betting system, players should try to win back their losses one bet at a time. So, after each loss, you should raise your bet and lower them after each win. This somewhat careful approach can protect your bankroll to a certain degree, but it won’t protect you entirely from losing all of your assets.
The Paroli betting system
Also commonly called the Anti-Martingale betting system, the Paroli betting system focuses on increasing your bets once you score a win. With the help of this system, you could potentially win big, but of course, the win is never guaranteed. That being said, the only thing that’s for certain is that the Paroli betting system won’t drain your bankroll as fast as the Martingale would.
The Parlay betting system
This positive progression system is very similar to the Paroli betting system. According to this system, gamblers should use their winnings to fund their next bets instead of their bankroll. As such, this betting system offers the lowest amount of risk – but that in no way means that it’s entirely risk-free.
Could any of these systems work?
In theory, even though it may seem like some of these betting systems are more viable than others, all of them could bring positive results.
But it’s important to emphasize that we’re talking about theories here.
If, for instance, you do manage to land a big win after relying on a negative possession betting system, you’d be able to recover your losses. However, it’s important to take into account the type of games you’re playing and the odds they provide. If the odds of winning are not that great, chances are you won’t be able to win, no matter how many bets you make. And even if the game offers fair winning odds, that doesn’t mean that it guarantees success.
The same rule applies to both positive progression betting and insurance betting. If you manage to catch a lucky streak, and all of your bets turn out to be successful, you could potentially earn quite a bit.
Therefore, if you are still interested in trying a betting system out, we suggest you start with the positive progression system as it carries the least amount of risk.
Even though we’ll agree that beating the house edge does sound more than appealing, the fact of the matter is that there’s still not a single fool-proof strategy out there that can promise this. Since the majority of gambling games are quite unpredictable and rely on luck more than on skill, there’s no strategy in the world that can always guarantee a positive outcome.
That being said, however, there are gamblers that still believe that a particular system is helping them win and overcome the casino advantage. So, if you’re not sure who to trust, you can always try some of these out yourself. Just make sure you don’t bet more than you can comfortably afford to lose, in case none of the aforementioned strategies turn out to be successful.