If you’ve been studying betting system reviews long enough, then you may start thinking that these strategies can increase winning odds. Many betting system proponents argue that it increases the winning chances by varying the bet size and adjusting timing. But the hard-to-take truth is that no betting system can beat the house edge. So, this guidepost discusses some famous betting systems and why the house edge still rules.
Henry Labouchere, who was an avid roulette player, invented this betting strategy in 1831-1912. The Labouchere system uses negative progression and is sometimes called the “Cancellation” system. A player starts by jotting down a series of numbers, which don’t have to be sequential. Each number represents one base bet.
For example, if you choose 1, 3, 5, 7, and 9, your first bet is 10 base bets after adding the first and last numbers. If this bet wins, cross out the winning numbers and proceed to the subsequent two outside numbers. Assuming the next bet fails, add it to the series’ end. Still on the example above, the new sequence will be 3, 5, 7, 10.
Jean-Baptiste le Rond d’Alembert, a French mathematician, invented this system. With this system, you only need basic casino knowledge to make it through. The system is a unique combination of insurance methods and negative progression. The main aim is to recover your losses gradually by increasing your wager by one unit after every consecutive loss.
On the other hand, you will decrease wagers by a single unit after every win. Continue until you reach the minimum bet again. For instance, you have a unit size of $5, and you bet the whole of it and lose. Then you bet another $10 and lose, making your total loses -$15. As if that’s not enough, you again bet $15 and lose, giving you a -$30 total loss. But luck smiles on you when you bet $20 to decrease your losses to -$10. After a win, you reduce your bet by a single unit to $15. If you win, you’ll have a $5 profit before returning to the minimum bet.
When using this system on an online live casino, you’ll incorporate positive progression. This means your bets will increase when you win rather than when you lose. However, bets only increase when you win two hands consecutively. You may want to revert to the minimum bet after three straight wins.
Here is the perfect example of using the Paroli system. You risk $5 and make a win. After that, you increase the bet by a single unit to $10 and win, again. That gives you a $15 win. Then you bet $20 and win to give you $35 profit. Now return to the minimum bet.
Regarded as the pioneer of betting strategies, the Martingale strategy uses negative progression. In their typical fashion, an English casino owner, John Henry Martindale, encouraged punters to double their wagers after losing back money.
If you bet $5 and lose it, Martindale says you double the initial bet to $10 and bet again. If you lose again, add another $10 to make a $20 wager. In case of another loss, your bankroll will read -$35. Now don’t give up just yet and make a $40 bet. If you win, you’ll add $5 to your account.
This is one of the most frequently asked casino trivia questions. But as said earlier on, betting systems can’t beat the house edge anytime, any day. They are just for generating short term gains, and that’s it! But if you insist on using the systems above, the best thing to do is walk away as soon as you make a little profit. In other words, play for entertainment as nothing is a guarantee in the tricky gambling industry.