Popular Betting Techniques
Hundreds of betting systems claim to be able to overcome the casino odds and ensure success. While they may appear to be promising at first glance, you will never be able to overcome the house advantage. The house always has the advantage, whether you play at a live casino or on an online gambling site.
Rather than a gambling theory, this strategy is a specific betting system. The Martingale strategy works by multiplying your bets until you win. The assumption is that you’ll win someday, and if you do, you’ll recoup all of your losses plus a profit equal to your initial wager.
If you start with a $5 wager and lose, for example, you increase your bet to $10. Your next wager would be $20, then $40. You keep repeating this pattern until you win. Let’s imagine you won your $40 bet and the payout was 1:1; you’d get $80 after wagering $75 ($5 + $10 + $20 + $40), giving you a $5 profit.
The Fibonacci betting system has been around for around 900 years. This strategy is similar to the Martingale, except it takes a more progressive approach. Instead of doubling each consecutive stake, the following method is employed:
1-1-2-3-5-8-13-21-34, etc. Fibonacci Algorithm
Each bet in this sequence is equal to the total of the two previous bets. After each loss, players move forward two spaces in the progression, but after a win, they move back two spaces. If you win $13, for example, your next wager will be $5.
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