Online Casinos, Sports Betting, Gambling Reviews

Over the years various 'betting systems' have been developed. The ideal betting system would have a lot of money on the table when you have a winning hand and none when a losing hand is drawn. Easy to say, hard to do. Betting systems are either multiplicative, additive, or linear (flat bets) Most systems have you increase your bet when you win or (disastrously) increase your bets as you lose. They all have one thing in common: by themselves they don't work.

The Martingale System: One of the most popular systems, the martingale seems like a dream come true to the uninitiated. In the short run the player has a good chance of making a few dollars using this system. In the long run two things conspire to defeat you, the table betting limits, and your bankroll.

The basic martingale system requires an initial bet of, say, $2. If the player loses, he doubles his bet to $4. Another loss puts your net loss at $6 and requires you to be $8 to recoup your losses and show a profit. Let's say you lose five hands in a row. The sixth bet requires $64. You win $128 but you lost $124. Your net win is $4. Understand that you ended up having to put up $124 to win ONLY $4. If you can always be sure that you will never lose more than 6 in a row, take you $200 bankroll to Vegas and get rich.

Of course, we all know that many losing streaks run longer than 6 or 8 or 10 in a row. The martingale quickly runs into the table limits. If you started at a $2 table with a $500 upper limit you are finished after 9 losses in a row and you are down over $1000. It would take you another 500 winning hands to make up this loss. Basically, one losing streak will put you in a hole you will never be able to climb out of. This is not the way to fame and riches.

DAlembert: In the eighteenth century, Jean le Rond dAlembert reasoned that if a fair coin landed on one side for a long run, the odds increased of it landing on the other side. To take advantage of this theory he advocated increasing your bet if you lose and decreasing your bet if you win, both by a flat (fixed) amount. In practice you bet 1, lose, bet 2, lose, bet 3 lose, bet 4, win, bet 3 lose, etcetera. In practice this is another sure road to financial oblivion.

Anti-Martingale: This is simply the reverse of the Martingale. Instead of increasing your bets when you lose, you increase your bets when you win. The result is simply the reverse of the Martingale. As soon as you lose a bet (a statistical certainty) you have wiped out any winnings.

Anti-DAlembert: Exactly the opposite of the D'Alembert system described above. You add a unit when you lose and subtract a unit when you win.

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