Gambling Strategies

In the article below, you will find analyses of several high-profile gambling strategies on the Internet. We will provide simulations on how they perform with popular casino games and also an overview of how each strategy functions in the short and long term. This will give you a rough idea of what you can expect from using these strategies and how they fit into your personal style of play.

Top 5 Online Gambling Strategies – How to Gamble Effectively

Online gambling strategies come in several forms, each offering something specific. The strategies presented here have to do with how to place bets rather than special actions in any particular game. If you are interested in learning about roulette strategies, we have a page dedicated to that. Similarly, we also have an overview of blackjack gaming strategies if you would like to improve your game.

Below, you will find detailed descriptions of the most popular gambling strategies used by players. There are two basic varieties – positive and negative. The negative version will have you increasing bets after each loss, whereas the positive – after winning. Both are worthwhile approaches that you should consider.

Martingale Gambling Strategy

The Martingale betting system is one of the most popular gambling strategies out there. While it is most commonly used as a roulette strategy, the Martingale system can be applied to all gambling games with even-money wagers. The idea behind this betting system is quite simple – after every losing bet, you increase the size of your wager two-fold. The goal is that no matter how many times you lose, as soon as you win, you make back the lost cash. Here is an example of how the Martingale system plays out:

While the Martingale is an interesting approach to gambling, do not be confused. This system will not let you beat the odds or the inherent randomness of the game. What’s more, a significant pitfall of the Martingale is that your bankroll may be crippled after a string of bad losses. This strategy is ideal for those with large reserves of cash who can sustain these losing bets, but budget-oriented players might want to go with a different system.

Fibonacci Gambling Strategy

Of all casino gambling strategies, the Fibonacci is perhaps one of the most compelling. Much like the Martinagale, the Fibonacci system is a negative progression, where you increase your bet after every loss. The difference comes into the amount you wager after each loss. In the original Fibonacci sequence, each number is made up of the combined sum of the two before. In the same manner, every wager in the betting progression will be as large as the previous two losing bets combined. For example:

The Fibonnaci roulette system has been a common staple among players for decades. Yet still, the betting strategy can be used on a wide range of casino games. If you are a fan of 21, you can always take a look at the best blackjack online casinos to implement this system.

The strategy itself is not as volatile as the Martingale. The sequence begins conservatively, but each consecutive loss ramps up the stakes. As any progressive betting system, the Fibonacci can be disastrous if you have terrible luck, but its slow initial progression makes it friendlier for low- and mid-rollers.

Reverse Martingale Strategy

Where the traditional Martingale gambling strategy has you increasing bets hoping to cover previous losses, the Reverse Martingale takes a different approach. This is an aggressive strategy, where you double your bet after each win. Traditionally, the Reverse Martingale is used in roulette however, it is applicable to any gambling game with even money payouts. It runs something like this:

Unlike previous systems, the Reverse Martingale chases wins and relies on winning streaks. As such, it is incredibly dependent on luck, more so than other betting systems on this list. Moreover, when taken to its logical conclusion, the Reverse Martingale always concludes the streak with a slight loss.

Therefore, if you plan to use this betting strategy at baccarat casino sites, for example, it is important to know when to reduce your bet size. Sometimes, it is better not to push your luck, as we have demonstrated in the table above.

D’Alembert Gambling Strategy

The d’Alembert is one of the online gambling strategies that tries to introduce some self-control into the mix. A negative progression system, the d’Alembert can be described as a more level-headed version of the Martingale. This makes it an excellent option for budget-oriented players, as it won’t break the bank on its own. The d’Alembert system in roulette gives us an excellent notion of how it works:

Basically, you increase the size of your bet after each loss by one unit. Following a win, you decrease it by the same. Ultimately, this minimises loss chasing and tries to preserve your bankroll to the maximum as well as any of the available casino gambling strategies.

Something of note is that the d’Alembert does not have a clear stop point where you reset your bet. The choice will come down to your own discretion, whether to start over or keep going. The d’Alembert system is applicable at all of the best roulette online casinos, and you can give it a go.

Labouchere Gambling Strategy

The Labouchere is one of the more complicated online gambling strategies and is much more involved than previous mentions above. The Labouchere roulette strategy is the most commonly seen version of this system, but it can be used on baccarat and blackjack, as well.

This goal-oriented strategy starts off with the player deciding on an amount they would like to win, best measured in units. After this, you will have to write down a string of numbers that, when added together, are equal to the targeted amount. For instance, if you want to win $10, you will put down something similar: 1-1-1-2-2-3.

You will start by betting the combined amount of the first and last number. If you win, you remove the respective numbers. If you lose, you add the lost amount to the back of the line. In practice, the system looks like this:

Ideally, the sequence will conclude when you have won the desired amount. Of course, nothing is preventing you from quitting before that. In all cases, the Labouchere betting system will ensure a net gain, provided you manage to complete it. However, we must also remember that in online gambling sites nothing is ever that certain. The house edge will have its due sooner or later.

Top Online Casinos to Try These Strategies

If you are looking to test out these gambling strategies, we have several suggestions where you might do so. Below, you will find a special selection from the best online casino sites, where you can work on your betting system skills. Each of these sites is licensed by the United Kingdom Gambling Commission and is regularly audited to ensure fairness.

Sports Betting Strategies

Online sports betting is somewhat different from casino gambling. Specifically, the odds are always different, which makes implementing a betting strategy a bit more difficult. Since casino gaming always has the same odds and payouts, it is relatively easy to use a consistent and predictable strategy.

Sports gambling strategies, on the other hand, have to be modified and adjusted regularly to account for the dynamic setting. Below, we will outline some common sports betting strategies.

We would like you to keep in mind that some of these sports gambling strategies are quite situtational. As such, they will not be suitable for all events and betting markets, and it will be up to your own judgement to decide where to utilise them.

Hedge Your Bets

Bet hedging is more or less a reliable way to ensure that you do not lose too much money when gambling on sports events. Most bet hedges have you put down a bet on a high-risk, low-probability outcome, in addition to a high-probability, low-risk wager. Most commonly, the second bet will be against the outcome of the first, but on a different market. If one should fail, you always have the other to fall back on.

Hedging bets is not an exact science, and it does take some experience for you to hedge correctly. Additionally, no matter what happens, you will be losing one of the wagers. These are factors that you have to consider when you try this sports gambling strategy. If you do not feel comfortable hedging bets right away, run some simulations first and see how it turns out.

Flat Betting

Flat betting is one of the least exciting sports gambling strategies, but also one of the least risky. The basic notion is that you always bet the same amount no matter how many wins or losses you experience. While not so much a strategy, flat betting is great for any novice gambler since it allows for an easily predictable pattern of bets. Once you are comfortable in your abilities to call events, you may move on to other more involved systems.

Consider Arbitrage Betting

Arbitrage is a rare event when two or more sportsbooks provide strikingly different odds for the same event. When this happens, you can take advantage of the difference to score a guaranteed profit. So how does it work?

Imagine that one sportsbook offers odds where Team 1 is the favourite and Team 2 – the underdog. At the same time, a second sportsbook has Team 2 as the favourite, with the odds on Team 1 being much more favourable. If you bet on Team 2 at the first sportsbook and on Team 1 at the second, no matter how the match ends, you will have a net gain.

It is worth pointing out that this kind of scenario is rare, and most betting sites will offer similar odds. Therefore, you will have to go out of your way to find arbitrage options. Second, any profit you stand to gain is quite low on account that one of your bets will always lose. If you plan on winning big with this approach, you will have to bet significant amounts.

Last but not least, if you are discovered that you trying to game the system, the sportsbooks might reduce your betting limits to prevent you from taking advantage of arbitrage in the future.

Gambling Money Management Strategies: Tips and Expert Opinions

Money management is arguably more important than using any gambling strategy. After all, you won’t be able to use a betting system if you have no money left. Being smart with your cash will yield much better results than any strategy ever will. After all, you need to have as much control as possible in such an uncertain environment.

The core of all gambling money management strategies is to decide how much money you can afford to lose. As you should know, winning in gambling is never guaranteed, and you can easily have a series of unfortunate bets. Therefore, never stake any cash you cannot lose.

Additionally, smart players always set betting limits corresponding to the size of their balance. Many bettors use a percentage of their bankroll as a limit for each bet. This way, you have a rough idea of how many bets you can place and when to stop.

Speaking of which, knowing when to call it quits is an important skill for any gambler. Never chase losses, hoping to make bad what you’ve lost. Following a string of losses may lead you to believe that you a due for a win soon. However, this is a logical misconception, known as the gambler’s fallacy. Random events are not influenced by previous results. Therefore, if you are on your ninth losing hand or roll, you cannot reasonably expect the tenth to provide better outcomes.

FAQ About Gambling Strategies

If you have questions regarding gambling strategies, please refer to our FAQ section below. We have gone over all the important questions that players have, and we hope that our answers will prove useful in understanding the topic.