Winning Betting Systems

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Conventional wisdom says that sometimes a betting system can make your gambling experience more intense, and if you’re lucky you can have some short-term success. But, you cannot beat the house edge in the long term. This is because each roll of the dice, spin of the wheel, or hand of cards dealt, is a completely random event. Independent and unrelated to the others.

1. The number one and by far the best football betting system is matched betting. Unlike a few other methods listed in this post, matched betting is the only football system that is virtually risk-free.
2. Day 22 we bet more than 10% we are on a winning streak and want to take full advantage of it so we we bet 15% now 3003 X 15% = $450.45 day 23 we bet 450 we win bank is up to 3453$.

Against this conventional wisdom, I believe you can increase your chances of winning by changing your betting patterns. You cannot remove the house edge for an individual game, but the chances of you winning or losing a successive number of games in a row are substantially less. This is where betting systems play a part to increase your overall returns, lower your losses, and/or limit your risk depending on the strategy employed, and luck experienced in a given session.

DO NOT USE PLACE A BET IF THERE ARE LESS THAN 7 RUNNERS. System Number 6 With this system, you are looking to double you chances of getting a winner with a double bet. This is a three-phase investment system and is a different method of staking. These systems give bettors patterns to help them to increase earnings by giving strategies to win. Betting systems may also be known as ‘staking plans’ or ‘staking formulas’. Some work by betting more when you win.

It’s not necessary to win 50% of your hands to come out ahead. By structuring your bets correctly you can still come out ahead in a given session whilst loosing more than 50% of the time.

As an example, I use this betting strategy at the European Roulette table on even bets Red/Black, Odd/Even, and regularly come out ahead. Start with 1 unit/chip i.e. $10. If you win the first game stay at a $10 bet for the next game. If you loose, add another unit to make your second game in the round a $20 bet. If you win you’ve come out ahead for the round by one unit, in this case $10 and go back to a single unit bet of $10. If you loose add another unit betting $30 for the 3rd game. If you win this game, you’ve broken even for the round. Go back to a 1 unit bet of $10. I usually have a goal of winnings in mind that I need to reach before finishing the session. This would depend on the amount you’re betting, i.e. with a single unit of $10, my goal will normally be $200 before I end the session. If you are a high roller, add some 00’s to these numbers.

There are many different betting systems listed below that can be used for table games such as Roulette, Craps, Blackjack, Baccarat, etc. If we’ve missed any, send us a message, so that we can add it to the list.

Select the below links if you wish to access the full article for each Strategy.

• Alexembert – An improvement of the d`Alembert progression system primarily used in Roulette.
  The increments between a stage of this progression are higher than in the original d`Alembert. Whereas the d’Alembert had a progression of 1, 2, 3 etc, with the Alexembert method, you can use 1, 3, 5 or 1, 4, 7 so the bet amounts increase by 2 or 3 each time as opposed to by 1. This aims to place lower bets during losing streaks and higher bets during winning streaks.
  Starting with a bet of 1 unit, after a loss the bet amount is increased to the next value, with a win it is reduced to the previous value or remains at 1 if this is not possible.
• Anti-Martingale – In this betting system mainly used in Roulette a player can capitalize on a winning streak by doubling his bets. If you lose, you place the initial bet amount. There is no bankroll size limitation and the casino limits don’t effect you.
  
• Ascot – This system is mostly used in Roulette but may also be applied with casino games like craps and baccarat.
  The Ascot betting system sees winning bets increase by one step at a time in an agreed list of amounts. Losing bets see the next bet decreased by one step.
  The Ascot series can be between 7 and 11 numbers, an example is 2 3 5 8 13 20 30.
  Your first bet would be a number in the middle such as 8. If you win this bet, move to 13 units for the next bet, if you lose decrease to 5 units and so on. The series will end when the last bet in the series, in this case, 30, is won or the first bet of 2 is lost.
• ASM System – A simple betting strategy used primarily in Roulette. For this system, divide your bets into 30 equal units. The system is betting the following number of units: 1-1-2-2-4-4.
  Start betting 1 unit, if you win move to the next amount. If you lose on bet 1, 2 or 3, go back to bet number 1. If you lose on bet 4 or higher, go back to bet 3. Continue until you either lose your 30 units or win an amount you are happy with.
• Beresford Progression – A progressive betting system for Roulette. This system is flexible and can be used in lots of different ways. Although it can result in good profits, the losses are limited making it a good system to try. The Beresford Progression works on a similar basis to the Labouchere System. However, reductions in bet amounts take place after lost bets as opposed to won bets using the Beresford Progression System.
  Starting with 1 1 1 1 1, each bet amount is determined by adding the first and last digit together, the total is then added to the end of the string of numbers. If the bet wins, the next bet is again the total of the first and last digit, with the new amount added to the end, if the bet loses, the first and last digits are crossed off and the next bet is the total of the new first and last digits.
• Cancellation System by Henry Labouchere – The Cancellation System is for bets in Roulette such as Red/Black, Odd/Even or Pass/Don’t Pass in Craps. It is based on the idea that 2 even bets will come in around the same amount of times and if that happens in the short term whilst you are playing then you will finish the session ahead.
  Starting with 10 1’s on a sheet of paper, each time you bet you add up the left and right digits to determine how much you bet.

  If you win, cross both the first and last numbers out. If you lose the bet, add the total bet to the right-hand side of the row of numbers. The next bet will be the total of the new left hand and right-hand number added together.

• Capitalization of profits – The Capitalization of Profits system is for casino games where you are playing against the house. Increase your bet size from wins, whilst building up a reserve at the same time.
  This system works by increasing the bet amount when winning and adding to a reserve pool to protect your initial bankroll.

  Split your starting stack into 20 separate bets and then you have ‘attacks’ which are a set number of bets together – when you gain 4 units, these are placed into a reserve to protect the starting capital.

• Deance Progression – A Martingale double-up progression system for games where you are playing against the house. This system is based on the Martingale system, with less risk involved. The aim of this system is to gain a total of 4 units. Units are placed evenly into 4 columns, the first bet is the total of numbers in column 4, the 2nd bet the total of column 3. You will start with 4 columns with 1 in.
  If you get a winning bet, it is removed from the appropriate column – you will then have 3 columns with 1 in as the last column will be crossed off. If the bet is a loser then it is added to the far left empty column or added to each column from left to right. Therefore, if you lose your first bet, you will have 2, 1, 1, 1 in your four columns. If you have a losing bet of 2 or more units, these amounts are spread equally and added from left to right on the row below.

  By splitting any lost bets evenly over each column, the bet amount rises slower and means more than 40 consecutive losses are needed to reach the maximum bet size. With the Martingale double up system, each bet doubles after a loss so the table maximum can be reached very quickly meaning you cannot always recoup losses. Remember, the aim is only to win 4 units, so once you have won this amount, take your winnings and start again if you prefer.

• Differential Betting System – A Modification of The Contre D`Alembert Progression for games where you are playing against the house. This system sees bet amounts increase after a win and decrease where possible after a loss.
  Starting with a one-unit bet, if you win, increase your next bet by 1 unit. If you lose on the first bet, place a further bet of 1 unit, if you lose after a win, reduce your next bet by 1 unit. All bets should be made on even money bets.
• Double Street – The Double Street strategy is a low risk and conservative Roulette strategy. It is low risk as you are betting just 6 chips each round but covering 17 numbers in total.
  Place 6 chips of equal amounts as follows: 2 chips on a six-line bet, 2 chips on a different six line bet covering new numbers, 1 chip on a straight-up bet on any number and 1 chip on a corner bet covering 4 numbers.

  This results in a win of 4 units if you hit any of the numbers in the 2 six-line bets, 35 to 1 if the straight-up number comes in and a 2 unit win if any of the corner bet numbers come in.

• Dual even money progression – A multiple progressive betting system for Roulette.
  This system involves placing 2 bets the opposite side of an even money bet – for example, Red/Black, Odd/Even or High/Low on Roulette.

  Following the Fibonacci progression on one bet – 1, 1, 2, 3, 5, 8, 13, 21, 34, you place another bet on the opposite side using the following units: 2, 4, 8, 16, 32, 64, 128, 256. The logic behind this is that you will lose at some point and this system minimizes losses by doubling the bet on the opposite colour meaning that when this colour comes out, you regain any losses on that colour plus one unit.

• Even Chance Bets – An even chance betting system for Roulette players. In this system, we increase or decrease our next bet depending on the outcome.
  Choose your starting bet and if you lose, increase your bet by 20% for the next bet. If the bet is a winner, decrease your next bet by 10%.
• Famous Progressions – A summary of well-known progressions. This is a simple system to learn but you will need a big bankroll in case of a bad run. Choose how much you want to bet to start and go for an even money bet. If you win, collect your winnings and start again, if you lose, double your previous bet. Continue like this until you win, after which time start from the initial bet amount again.
• Fast Double Bet – An aggressive strategy for Roulette, Blackjack, or other games where house edge is low. Playing all 3 even money chance bets on the Roulette table at the same time, place 1 unit on each. If you get a win, place the winnings plus 1 more unit, so 3 units again, if this wins, place the winnings – 6 units – plus one more, so 7 in total. If you lose, start with 1 unit again.
• Flat Bet Counting – The Flat Bet Counting system is a Money management system for Roulette.
  You need to split your play into 3 equal segments – this could be time or number of spins – and decide on a loss amount at which point you will take a break. The aim of the 1st level is to make a profit equal to 10% of bankroll, the 2nd level is to try and win any losses from the 1st level if necessary and the 3rd level is to win back total losses and try and make a small profit. You will only move to levels 2 and 3 if the current level fails.
  Level 1 is about winning 10% of bankroll so we recommend you place bets equal to 1% of bankroll and continue until you either win 10 units – 10% – or reach the limit for segment 1.
• Fractional Betting – In Baccarat, Blackjack and Roulette this strategy considers 2 losses, or 2 wins as the beginning of a trend where you will bet accordingly. Starting with bets totaling 3 times the table minimum, you increase your bet amount by a third after 2 wins and decrease it by two thirds after 2 losses. You may need to get some small denomination chips to get the bet amounts as accurate as possible.
  This is aimed at maximizing winning trends and minimizing losses on losing trends. Although this system will not get you big wins, you will get a nice profit when you hit a good winning streak.
• Garcia System – When playing Roulette this system takes advantage of the occasional long runs of ‘Even Chance’. The 3 bet amounts are 1 unit, 3 units, and 7 units.
  Watch the first spin, then bet one unit on the opposite of the winning bet. For example, if red comes in, bet 1 unit on black. If you win, the sequence starts again on the opposite bet, so if you bet 1 unit on black and black comes in, you start the sequence – 1 unit – on red.
  If you lose the first bet, stay with the losing value but bet 3 units. If this wins, start the sequence again on the opposite value, if you lose, stay with it and bet 7 units.
• The Guetting Progression – The Guetting Progression system is a progressive system for even number bets in Roulette. It is based on the idea of a progressive system, which starts small and then increases at a faster rate if wins are coming. There are 4 levels of play – in level 1 you bet 2 units per spin, level 2 either 3, 4 or 6 units, level 3 is 8, 12 or 16 units and level 4 consists of bets of 20, 30 or 40 units.
  Starting at level 1, any 2 consecutive wins see you move up to a higher bet in your current level or move to the lowest amount in the next level up. Any loss at the first attempt of a level means you go back to the lowest bet on that level or back down a level.
• Guetting Progression Part II – Same as above.
• Half Peak – The same as the Alexembert with a slightly helpful modification: the half peak mechanism. This is a very simple betting system to learn. Start with any bet amount you wish, if you win, decrease the bet by 1 unit, if you lose, increase it by 1 unit.
  If you win and then lose or lose and then win, you will make a 1 unit profit, keep going with the system for as long as you wish and if you win one of the last 2 bets you will end up with a small profit.
• Hollandish System – A progression system for table games. Starting with a bet of one unit, you continue at this level until you get your first win, then increase the bet to 3 units. Again, continue to bet 3 units per spin until your next win when you increase to 5, the next win 7, then 9, etc. Continue until you reach an amount where you are either happy to walk away with the profits or hit your maximum loss amount.
• Martingale – The Martingale system is one of the most popular and is for even money bets like Odd/Even, Black/Red or High/Low for Roulette and Pass/Don’t Pass in Craps.It is a very simple system to learn – every time a bet is lost, double your stake for the next bet. On even money bets, by the law of averages, you won’t be far from a winning bet and when you do you will get all your losses back.
  However, following this plan can lead to high bet amounts if you go on a bad run so you will need to ensure you have a good bankroll and the table limits are high to allow you to keep playing for as long as possible before hitting them.
• Oscar’s Grind – The Oscar’s Grind system is a popular system with many players.Starting with a bet of 1 unit – the amount is up to you and will depend on bankroll – keep betting on any even money bet until you win one. If you lose, the next bet remains the same amount, if you win then it is increased by 1 unit for the next bet. This continues until you recap any previous losses and come out 1 unit ahead at which point you start the series again with a bet of 1 unit.
• Piquemouche Method – Based on the Martingale betting system, the Piquemouche sees you bet each level 3 times instead of the 1 time before doubling the bet amount. This sees your betting more prudent than the Martingale system but it does mean that you need more than 1 win before you break even. Whereas the Martingale system doubles the bet amount after you lose, with this system your bet amounts would be 1,1,1,2,2,2,4,4,4,8,8,8, etc.
  On each level, you only double the bet when you lose 3 times more than you win. If you win 3 times more than you lose on any level, you are in profit and you start again from 1 unit.
• Pluscoup Progression – The Pluscoup Progression system is a winning or ‘up as you win’ system. It is similar to other systems in that it is for use on even money bets but is more aggressive than most so you will need a larger bankroll. Start with a bet of 1 unit – the value of which will depend on your bankroll. Should this bet win then you take your profit and bet 1 unit again. If you lose, the bet amount stays as 1 unit until you register your first win, after which it increases to 2 units.
  If you are still down after a win, continue this way by increasing the next bet by 1 unit each time you win until you find yourself ahead, at which point go back to 1 unit for your first bet and start the system again.
• Pyramid System – Known as either the D’Alembert system of Pyramid system, this is one of the most popular systems for roulette.Based on the Martindale system but with smaller risk, you start by betting 1 unit and continue to do so until you lose. After your first loss, the bet amount goes up by 1 unit. After the next bet, if you win the bet amount reduces by 1 unit, if you lose again it goes up by one unit.
  Continue this way – increasing the next bet by 1 unit if your bet loses and reduce it by 1 unit if your bet wins.
• Small Wins System – The aim of this system is to win a small percentage of your bet over a number of spins. The formula for working out what to bet is X/Y where X is the amount you wish to win and Y is the number of spins over which you want to win this amount. Start by placing a bet of the amount you wish to win – so X – if you win a bet, deduct the amount you won from X and 1 from Y and play again. When you lose a bet, add the loss amount to X and add one to Y.
• Stan’s System – This is a simple to work out system that sees you reduce your bet when you win and increase on a loss. To start, write down consecutive numbers up to double the number of bets you are happy to lose, so for example, if we take 10, you would write down 1 to 20. Starting in the middle, so in the above case 10, bet 10 units on an even money bet. If you win, reduce your bet by 1 to 9, if you lose, increase it by 1 to 11. Keep going this way until you either get to the 1 or 20.
• Star alternative progression – The Star system works by slowly increasing bet amount when a bet is lost and works best for Blackjack.Betting each level twice, you start off with a bet of 1 unit and continue at this level until a bet is lost. The first time a bet loses, the bet amount stays the same, the next time you move up a level and bet 2 units. You continue in this way until you either win an amount you are happy with or you lose twice on the final bet level, at which point there is a recovery level which has bigger bets, lose on the recovery level and there is a 2nd recovery level to try and recuperate losses.
  Should a game of blackjack be lost that involves either doubling or splitting – so the bet amount is doubled – this counts as 2 losses instead of one.
• Stepladder System – In this system, each number is the equivalent of a rung on a ladder.The aim is the get to the top of the ladder by increasing one rung at a time. As with a normal ladder, each rung must be fairly close together. Each number represents a betting unit of your choice depending on your bankroll.
  Start by betting 5 units and simply move up a rung when you win and down one when you lose.
• Stretched d’ Alembert – This method is unsurprisingly based on the original d’Alembert method. The Stretched d’Alembert method involves several bets at each stage thus ensuring we never bet too much in a single go.The new levels would be as follows: 1.1, 1.2, 1.3, 1.4, 1.5, 2.1, 2.2, 2.3, 2.4, 2.5, 3.1, 3.2 etc.
  The sequence of 1.1, 1.2, 1.3, 1.4 and 1.5 are bets using 1 unit before we raise the bet to 2 units. We then play the sequence of 2.1, 2.2, 2.3, 2.4 and 2.5 with 2 units before raising to 3 units etc. The betsize is reduced in the same manner.
• The Sure Win Method – A system for even money bets in Roulette, Blackjack, Craps, and Baccarat. The principle for this method is that all even chance bets repeat themselves quite frequently. Put your first bet on any even chance outcome. If you win, leave both units on that bet. If you win a second time, return your next bet to one unit. Repeat the above on every session. If you lose, use the next bet in the progression to try and get a parlay.

  1-1-2-2-3-4-5-7-9-12-16-22-29-39-52-69-92-123

  Remember, on any profit return to the start of the series. Decide before you start where your level of comfort is and use that as your decision as to how long to go on for.

• The Zero Factor – The Zero Factor betting system aims to cover all even money bets – including both sides of each.Whilst this may sound a losing strategy as you will lose if zero comes out and break even if it doesn’t, the key is the amount you bet on each side of the even money bets.
  You can reduce the amount lost if 0 comes out and if done correctly, is not as silly as it may sound.
• Thomas Elrod System – This system uses a debit column and control number to determine the amount of the next bet. Elrod himself used 100 units as the initial debit amount and 20 as the control.
  Divide the debt amount by the control amount to determine the amount for the next bet, if you lose, add the loss amount to the debit column and divide again, if the bet is a winner, subtract from the control figure, and the win amount from the debit column and divide again.
• Tier et Tout – This system is a winning progression and therefore sees the total bet amount rise slowly depending on how you are doing.
  Decide how much you wish to bet and then take 1 third of it for your first bet. If this bet loses, bet the remaining 2 thirds of the bet on the next go. If the first or second bets win, increase the original bet amount to include the profit and then bet 1 third of this amount next go. If both bets lose, start again with the same bet amount and bet 1 third.
  If you can avoid 2 losses in a row, the winnings can go up at a nice rate.
• Unorthodox Even Chances – This system is a combination of the Martingale and Cancellation Systems.
  Watch 15 spins on the roulette wheel and make a note of which even money bet comes in the most. You can then choose whether to play with an unorthodox Martingale or unorthodox Cancellation System.
  The Martingale plays for a couple of wins whilst the Cancellation plays through one full set of numbers.
• Whittacker Progression for Doz & Col bets – This system uses bets with odds of 2 to 1 rather than even money bets, so for example on Roulette, it may be Column bets.
  The following starting sequence is used:
  1. bet 1 unit
  2. bet 1 unit
  3. bet 2 units if you win on the first bet, your profit is 2 units. If you win on the second bet, your profit is 1 unit. If you win on the third bet, your profit is 2 units. In each of these cases you start the progression again with the same sequence: 1 – 1 – 2

  If you lose the first 3 bets, the next bet is determined as follows: If you have a negative balance of between 4 and 9 units the balance is divided by 2. If you have a negative balance of between 10 and 21 units the balance is divided by 3. If you have a negative balance of between 22 and 100 units the balance is divided by 4. If you have a negative balance of over 100 units the balance is divided by 5. If the result of the division is not a whole number, then this number is always rounded up.

• Winning Edge Roulette – This system works best on even money roulette bets, so red or black, odd or even etc.
  Starting with 1, 1, 2, bet the first number in your sequence. If you win, you bet the first and last numbers in the sequence. If you lose, you add the total bet lost to the right of the numbered sequence and then start by betting the first number again.
  Continue like that – If you win, bet first and last, if you lose add the total bet to the right and play with the first amount again.

Featured Gambling Guides

Many mathematicians have tried and failed to create the perfect betting strategy. Each betting system has its shortcomings no matter how badly someone tries to convince you that their strategy is guaranteed.

But does this mean that all betting strategies are total junk?

No, some strategies do have merit and provide short or even long-term results. The only catch is figuring out which betting systems are worth using.

Let’s discuss 10 wagering strategies that work. Some of these systems only work on specific games like baccarat or roulette, while others can apply to any casino game.

1. Betting 2% or Less of Your Bankroll

A common scenario for casual gamblers is to walk into the casino with around $200 dollars and make bets between $10 and $25.

This seems harmless in theory, if you’re gambling with expendable income. But the problem is that you’re very likely to run out of money this way.

One good idea that comes from sports betting is only risking 2% or less of your bankroll on any given wager.

Professional and serious amateur sports bettors do this to minimize their short-term risk. But you can really apply this system to any casino game.

• Your bankroll is $2,000.
• 2% of your bankroll is $40.
• You can place bets worth $40 or lower.

Pros of Betting 2% or Less of Your Bankroll

The biggest benefit to wagering 2% or less of your bankroll is that it keeps you in the game. You’re not risking chunks worth 5. 20% of your bankroll like most players.

This is helpful in any casino game from blackjack to Caribbean stud poker. But it’s especially useful in skill-based games like daily fantasy sports (DFS), poker, and sports betting.

The reason why is because skill-based games are prone to more streakiness than house-banked games. In these games, it’s common to experience long dry streaks that make you question if they’ll ever end.

The best way to get through them is by risking small amounts of your bankroll on each wager. Furthermore, you’ll dramatically lower your risk of ruin.

Blackjack Winning Betting Systems

Cons of Betting 2% or Less of Your Bankroll

The first problem with this system is that most players don’t have a large enough bankroll to only wager 2% or less per bet. Under this system, you’ll need at least $1,000 in just to make a $20 wager (2%).

Professionals can afford to be disciplined like this because they have large bankrolls. But if you’re just a casual blackjack or craps player, you probably don’t walk into the casino with thousands of dollars.

Another downside is that some players find that this system doesn’t offer enough action. These same players may like varying their wagers from big to small depending upon how lucky they feel.

But, as long as you have a large enough bankroll, this system is definitely worth using.

2. The Martingale

The Martingale betting strategy has two things going for it:

• It’s easy.
• This system will theoretically provide a profit every time.

The Martingale calls on you to double bets after every loss. The goal is to always win back your losses and earn a small profit in the process.

You should also make even-money bets with the Martingale in order to simplify things and minimize your risk.

• You bet $10 and win (+10).
• You bet $10 and lose (0).
• You bet $20 and lose (- 20).
• You bet $40 and lose (- 60).
• You bet $80 and lose (- 140).
• You bet $160 and lose (- 300).
• You bet $320 and win (+20).
• Next bet returns to $10.

Pros of the Martingale

The Martingale’s best aspects include its ease of use and how it can theoretically be successful.

As long as you have the funds to continue doubling bets after losses, you’ll eventually win back your money. You’ll also book small profits along the way every time you win.

The Martingale is one of the best systems for those looking for consistent short-term profits.

Cons of the Martingale

The Martingale’s downside is that it’s an extremely risky strategy. You’ll be betting far more than your original wager after 5 to 6 losing wagers.

This can make you hesitant to pull the trigger on the next double bet. Even worse is that your bankroll will vanish if the losing streak continues.

Another problem is that casinos impose table limits to prevent wealthy gamblers from the using the Martingale to the fullest. Otherwise, Mark Zuckerberg ($56 billion net worth) would always win with the Martingale because his bankroll would likely never run out.

You’ll eventually run into a losing streak that’s long enough to hit the table limit. In this case, you take a big loss because you can no longer double wagers to win everything back.

3. The Martingale in Skill-Based Games

We just covered how the Martingale is a very risky betting strategy. What’s more is that this system doesn’t do anything to alter the house edge.

But what if you could combine the Martingale’s effectiveness with skill?

This betting strategy can be profitable in skill based games like DFS and sports betting. Not only can you win back your losses with the Martingale, but you can also swing the odds in your favor with enough skill.

Here’s an example of how this works in DFS:

• You lose a $10 + $1 (fee) head to head contest (- 11).
• You lose a $20 + $2 head to head contest (- 33).
• You lose a $40 + $4 head to head contest (- 77).
• You win an $80 + $8 head to head contest (- 5).
• You win a $10 + $1 head to head contest (+5).

The tough thing about DFS contests is that you have to pay an extra 10% entry fee to the sites. But as the above example shows, the Martingale strategy can still help you book a profit even if you lose the majority of contests.

Let’s look at one more example involving sports betting:

• You lose an $11 bet (- 11).
• You lose a $22 bet (- 22).
• You lose a $44 bet (- 77).
• You lose an $88 bet (- 165).
• You win a $176 bet and earn a $160 profit (- 5).
• You win an $11 bet and earn a $10 profit (+5),

The drawback to sports betting is that the house takes 10% juice from the losing side. But the Martingale can still help you be profitable when you string together two or more wins.

Pros of Using the Martingale in Skill-Based Games

The great thing about using this system in skill-based contests is that you can overcome short-term variance by consistently winning back losses.

The sports betting example above shows how you can earn back your losses plus a small profit even after several losing wagers.

Another advantage is that you’re not just using the Martingale in a casino game with a house edge. Instead, you’re playing skill based games.

The end result is that you get the enviable combination of getting your losses back and having a chance to win long-term profits.

Cons of Using the Martingale in Skill-Based Games

You’re taking a risk on three fronts with this betting strategy:

• You might be at a skill disadvantage to opponents/other bettors.
• You’re still dealing with the Martingale risks.
• You must pay 10% fees (DFS) or 10% juice on losses (sports betting).

The first point is key because you could be facing an even worse proposition than house-banked casino games if you’re not better than opponents.

Add in the standard Martingale risks along with sportsbook/DFS fees, and non-skilled bettors are looking at a potential bankroll disaster.

4. Betting on Baccarat’s Banker Hand

Baccarat gives you three different betting options, including the banker hand, player hand, and tie bet. And the top system for playing baccarat involves making the banker bet every time.

The reason why is because the banker hand only has a 1.06% house edge. Compare this to the player hand and tie wager, which have 1.24% and 14.36% house edges, respectively.

Given that all you need to do is bet on the banker hand every time, baccarat is great for casual players who don’t want to deal with in-depth strategy.

Pros of Betting on the Banker Hand

The banker hand wager is one of the best in gaming. Only a handful of casino games offer a lower house edge than 1.06%.

The other advantage to wagering on the banker hand is that you don’t have to study strategy. Instead, you simply need to make the same bet every time.

Cons of Betting on the Banker Hand

The banker hand’s 1.06% house edge isn’t as harmless as it seems.

Mini baccarat games see anywhere from 120. 200 hands dealt per hour. This is 2. 3 times the hand rate that you’ll see in blackjack games and this exposes you more to the house edge.

Let’s look at the theoretical losses that you’d be facing in a fast-dealt baccarat game:

• You’re making $10 bets on the banker
• The table is seeing 200 hands per hour.
• This adds up to $2,000 in total hourly bets.
• We take 2,000 x 0.0106.
• Your theoretical losses are $21.20 per hour.

5. Value Betting

Value betting is the process of getting maximum value out of situations where you have a long-term advantage. This term is most often used in poker, but it can also describe how blackjack card counters operate.

Value betting requires being able to spot and take advantage of favorable situations.

One example is when a poker player believes they have the best hand and bets in a way that extracts maximum value from their opponent. Going further, their wagers need to be large enough to get the most value from the opposing player, yet small enough that the opponent won’t fold.

Another example involves how card counters keep track of the deck until the count swings in their favor. They then make larger bets to maximize situations where the deck is rich in 10s and aces.

Pros of Value Betting

Anybody who wants to make long-term profits through gambling can benefit from value betting. This is how poker pros and card counters earn their living.

In poker’s case, being good at value betting can separate you from opponents. Getting the most value out of your great hands will improve your profits in the long run.

Cons of Value Betting

The problem with this betting strategy is that it calls on you to have the following qualities:

• Being good at math.
• Being skilled in the game you’re playing.
• Being able to walk a fine line with betting.

Wagering too little prevents you from capitalizing on your best poker hands. Wagering too much pushes your opponents out of hands and keeps you from making money on future streets.

For card counters, betting too high in favorable situations can attract the casino’s attention. In turn, they’ll find out that you’re a card counter and ban you for life.

6. Taking Craps Odds

The best regular bets in craps include pass line, don’t pass line, come, and don’t come. But there’s another craps wager that’s even better than these called odds.

Craps odds is the best bet in the casino because it doesn’t have a house edge. Instead, you’re paid at your true odds of winning. And one of the top betting strategies that you can use includes continually backing regular bets with odds.

To place an odds wager, you need to first make a pass line or don’t pass line bet after a point has been established. You should also inform the dealer that you’re making an odds bet.

Here are the payouts for when you back a pass line bet with odds (a.k.a. taking odds):

• 2 to 1 on point numbers of 4 and 10.
• 3 to 2 on points of 5 and 9.
• 6 to 5 on points of 6 and 8.

Here are payouts for when you back a don’t pass line wager with odds (a.k.a. laying odds):

• 1 to 2 for points of 4 and 10.
• 2 to 3 for points of 5 and 9.
• 5 to 6 for points of 6 and 8.

Pros of Taking Craps Odds

Odds is the only bet where the casino doesn’t have a house edge. And what’s great is that you can reduce the house advantage to almost nothing by taking higher odds.

Here’s a look at how far the house edge is reduced based on the odds you take:

Cons of Taking Craps Odds

Casinos cap the size of odds because they don’t make long term profits off these wagers. The highest most casinos go is 5x odds, while others don’t even allow this amount.

A few Las Vegas casinos offer anywhere from 10x to 100x odds. And this seems like a dream based on how higher odds reduce the house edge further.

But the problem is that most players don’t have the bankroll to continue taking the highest odds available. If you put $10 on pass line and take 20x odds, you need an additional $200.

The average gambler doesn’t have this kind of money for a single bet, even if there’s no house edge involved.

7. The Labouchere

The Labouchere (a.k.a. cancellation system) is a negative progression betting strategy like the Martingale. The main difference, though, is that it’s less risky.

You start this system by creating a unit size. And the simplest way to do this is by choosing the table’s minimum bet.

The next step involves deciding how many units you want to win during your session. After deciding this, you create a string of numbers that adds up to your desired unit win.

You then add the first and last number in the sequence to determine your bet.

Winning Tennis Betting Systems

You cross off both of these numbers after a win. And you add the combined number to the end of your string after a loss.

Here’s an example of the Labouchere in action:

Show Betting System

• You want to win 18 units.
• Your number string is: 3, 4, 5, 3, 3.
• Your first bet is 6 units (3 + 3).
• You win and your new string is: 4, 5, 3.
• Your next bet is 7 units (4 + 3).
• You lose and your new string is: 4, 5, 3, 7.

Pros of the Labouchere

One good thing about the Labouchere is that it gives you more freedom than most betting systems. You decide your unit size, desired profit, and how to achieve this profit.

Another good aspect to the cancellation system is that it’s not as risky as systems like the Martingale. Rather than doubling your bet following every loss to win back losses, you’re merely wagering a certain amount of units.

Cons of the Labouchere

The biggest problem with this system is that you’re forced to make a series of big bets during a losing streak. Let’s look at how this works by going back to the number sequence in the first example:

• Your number sequence is: 3, 4, 5, 3, 4.
• Your first bet is 7 units.
• You lose and your new string is: 3, 4, 5, 3, 4, 7.
• You lose a 10-unit bet and your new string is: 3, 4, 5, 3, 4, 7, 10.

This isn’t as bad as doubling your bets after every loss. But most players won’t feel comfortable wagering between 7 and 10 units for several bets in a row.

8. Making Even-Money Bets in French Roulette

Roulette offers three main variations, which are American roulette, European roulette, and French roulette. The best version is French roulette because it only has a 1.35% house edge.

French roulette is played on a European wheel (37 numbers). But the difference between European and French roulette is that the latter has the la partage rule.

La partage pays half your bet back on losing even-money wagers that land on zero. This effectively cuts the European roulette house edge (2.70%) in half as long as you stick with even-money bets.

Pros of Even-Money French Roulette Bets

The best aspects to making even-money bets with French roulette include the low house edge and excellent probability of winning.

As for the latter, you have a 48.64% chance of winning red/black, odd/even, and high/low. This is even better than your chances of winning a blackjack hand (42.22%) or baccarat hand (45.85%) when ties are accounted for.

The high probability of winning and the low house edge combine to create low volatility. And this is perfect for players with small bankrolls who want to last in casino games.

Cons of Even-Money French Roulette Bets

The biggest problem is that you can’t find French roulette in most land-based or online casinos.

France, Germany, and Monte Carlo offer a fair number of French roulette games. But the game is sparsely found in most other countries.

Any online casino with Microgaming or Realtime Gaming software will offer French roulette. Cryptologic (NYX Gaming) also has a European roulette variation that’s actually French roulette.

But beyond this, you’ll have a hard time even finding French roulette online.

9. Oscar’s Grind

Oscar’s Grind is another negative progression strategy in the same vein as the Martingale or Labouchere. But this one is more complicated.

You start off by betting 1 unit. And you keep your unit size the same when you’re in a winning or losing streak.

You increase your bet by 1 unit whenever you win following a loss. The bet size stays at this level until you lose, then win again.

The overall theme is to chase losses following losing streaks. Here’s an example to illustrate Oscar’s Grind:

• You bet 1 unit and lose – Bet stays the same (bankroll at. 1)
• You bet 1 unit and lose – Bet stays the same (bankroll at. 2)
• You bet 1 unit and lose – Bet stays the same (bankroll at. 3)
• You bet 1 unit and lose – Bet stays the same (bankroll at. 4)
• You bet 1 unit and win – Next bet becomes 2 units (bankroll at. 3)
• You bet 2 units and lose – Bet stays the same (bankroll at. 5)
• You bet 2 units and lose – Bet stays the same (bankroll at. 7)
• You bet 2 units and win – Next bet becomes 3 units (bankroll at. 5)
• You bet 3 units and win – Bet stays the same (bankroll at. 2).
• You bet 3 units and win – Next bet becomes 1 unit (bankroll at +1).

Once you book a profit following a losing streak, you start the process over again.

Pros of Oscar’s Grind

The good thing about Oscar’s Grind is that it allows you to chase losses without going overboard. You’re only increasing bets by 1 unit following a losing streak, which is less risky than both the Labouchere and Martingale.

The other benefit is that Oscar’s Grind is less likely to reach the table betting limit than the other two systems. This minimizes the problem of running into the table limit during a lengthy losing streak.

Cons of Oscar’s Grind

The first downside to Oscar’s Grind is that it’s more confusing than both the Labouchere and Martingale.

Examples help with learning Oscar’s Grind. But it’s not the easiest to start with if you’re new to betting strategies.

The other problem is that this system is also subject to risk and table limits if you use it over a long time period. The risk is minimized with Oscar’s Grind, but there’s still a small chance that you’ll run into a table limit.

10. No. 12 Seed vs. No. 5 Seed in March Madness

One of the worst kept secrets about March Madness betting is that No. 12 seeds are a good bet to beat No. 5 seeds.

The four No. 12 seeds in the NCAA Tournament usually face long odds to beat the No. 5 seeds. But they also have a high success rate when considering the disparity in rankings.

At least one No. 12 seed has beaten a No. 5 seed in the first round in 16 of the past 17 NCAA Tournaments. Over the past five years (2013 to 17), nine No. 12 seeds have triumphed in the first round.

Pros of Betting on No. 12 Seeds

You can win quite frequently by betting on No. 12 seeds to beat the spread.

In the last nine March Madness events, No. 12 seeds have gone 23-12-1 against the spreads (ATS). This includes an impressive 11–4–1 ATS over the past five seasons.

These low seeded teams can also earn you big profits through straight up bets. No. 12 seeds have a decent chance of winning versus the long odds they carry.

Cons of Betting on No. 12 Seeds

The problem with betting on No. 12 seeds is that they lose a majority of the time.

This isn’t to say that you shouldn’t still bet on No. 12 seeds, because they’ve been profitable over a long time period. But you still need the handicapping skills to determine which No. 12 seeds have a chance of winning, or at least covering the spread.

Sports Betting Systems

One more drawback is that you only have four chances to make these bets every year. This leaves you with a very limited opportunity to take advantage of No. 12 seed bets.

Sports Betting Winning Systems

Conclusion

Betting strategies should never be viewed as a way to make guaranteed profits and replace your day job. But some of them can be highly effective over the short run and spice up your gambling sessions.

The most reasonable strategies include betting less than 2% of your bankroll, wagering on the banker hand, taking craps odds, and making even-money bets in French roulette. These help you pull in consistent wins and limit the risk factor.

Riskier systems include the Martingale, Labouchere, and Oscar’s Grind. The latter is the safest of these betting systems because you don’t increase your bet as much following losses.

You can also make long-term profits with betting strategies if you’re skilled enough. These strategies include value betting, using the Martingale in skill based games, and wagering on No. 12 seeds in March Madness.

Craps Best Winning Betting Systems

As you can see, there are a variety of working systems that cater to different interests. And wagering strategies can also make gambling more exciting.