Betting strategy
A betting strategy or betting system is a structured approach to gambling intended to counter the inherent house edge in casino and card games, by bookmakers in horse racing and sport betting and other gambling situations. A successful strategy should increase the odds of winning in order to produce long term profits from a pursuit which under normal circumstances will only ever result in a long term loss.
All successful betting systems are predicated on statistical analysis, seeking to exploit the rare circumstances when the odds are in the favor of the player. Though the basis of all risk is fundamentally the same, betting systems vary in relation to the rules and circumstances of each particular game.
Well-known betting systems include:
· Card Games
· Roulette
· Horse Racing
· Sports
The following betting strategies apply to games which operate on independent events. For such games, the odds of a particular outcome are identical for every bet played. No such strategy can beat the house edge (if any) in the long run, and all of them trade off many small wins for a big loss or vice versa.
· Martingale
· Kelly Criterion
· Split Martingale
· Anti-Martingale
· d'Alembert
· Contra d'Alembert
· Regression
· Parole of Three
In future articles those individual systems and strategies will be explained in details.
A betting strategy or betting system is a structured approach to gambling intended to counter the inherent house edge in casino and card games, by bookmakers in horse racing and sport betting and other gambling situations. A successful strategy should increase the odds of winning in order to produce long term profits from a pursuit which under normal circumstances will only ever result in a long term loss.
All successful betting systems are predicated on statistical analysis, seeking to exploit the rare circumstances when the odds are in the favor of the player. Though the basis of all risk is fundamentally the same, betting systems vary in relation to the rules and circumstances of each particular game.
Well-known betting systems include:
· Card Games
· Roulette
· Horse Racing
· Sports
The following betting strategies apply to games which operate on independent events. For such games, the odds of a particular outcome are identical for every bet played. No such strategy can beat the house edge (if any) in the long run, and all of them trade off many small wins for a big loss or vice versa.
· Martingale
· Kelly Criterion
· Split Martingale
· Anti-Martingale
· d'Alembert
· Contra d'Alembert
· Regression
· Parole of Three
In future articles those individual systems and strategies will be explained in details.