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Betting strategies: how do they work?

For as long as modern gambling games have existed, people have been debating whether it is worth coming up with a strategy to defeat them.

Can you outwit roulette? Is there a secret to slots? Is there strategy involved in winning the lottery? The answer to all of these questions is no.

But, there are certain players that still believe a strategy can be formulated to beat these games.

Betting Strategies

While most casino games are entirely based on luck, there are still players who look for ways to outwit them. Thus far, the closest example of an effective strategy at an online casino is a wagering (or betting) strategy. But, what is a betting strategy?

A betting strategy is, basically, exactly what it sounds like. Rather than focusing on how to beat the game, some gamblers focus on how to wager.

Determining how much money to bet and when can be an effective way to minimize losses, or maximize a potential win.

The best part about betting strategies is that they are universal. Whether you are gambling in a land-based establishment, or an online casino like the Christchurch Casino, these strategies remain just as effective. But, what are some of the most effective betting strategies?

Let’s find out.

Martingale

The Martingale is, probably, the most notable, popular, and in many gamblers’ minds, most effective betting strategy. The best part about it is that it is relatively simple, which means even newbies can pick it up quite quickly.

At its essence, the Martingale strategy is a progressive betting strategy, which demands that a player doubles their wager each time they don’t win the pot.

Then, in the case that they do win, they go back to their initial bet.

The idea is that players minimise their losses, and also manage to earn back what they’ve lost, as well as something extra in the case of a win.

Fibonacci

The Fibonacci system is based on the mathematical sequence of the same name. A lot of gamblers have put forth that there is a connection between math and gambling.

And while that is certainly true in games like blackjack, there is not much truth to it when it comes to roulette or slots. Even Albert Einstein has said as much.

However, one connection that does exist is this betting system, which is heavily inspired by the Fibonacci sequence.

For those who don’t know, the Fibonacci sequence is a math sequence that combines the sum of two consequent numbers, in order to make the next in the sequence.

The betting strategy follows said formula, so it would look something like this: $5 – $5 – $10 – $15 – $25…

Important Note

The most important thing to note when discussing betting systems is that they are not created to help you win. By using a betting system, you are not guaranteed an eventual win.

They are designed with a potential win in mind.

So, always keep that in mind when playing casino games, and using betting systems.

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