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[deisik]

Betting systems wouldn't make you win in whatever game, although it might bring you to a positive net at the end of your gambling session. However, as the case mostly is, it still boils down to whether luck is on your side or not

To be clear, I'm not challenging this point

But what is luck, either good or bad? What we call luck is essentially variance. What is the opposite of variance in the gambling context? Right, the house edge. So what it seemingly comes down to is the stand-off between variance and the house edge. What does it tell us in practical terms? That to successfully work against the house edge we should employ variance

However, variance itself is a two-edged sword. Recall, there is good luck and there is bad luck. But if we think in terms of variance, we will immediately see that it is a false dichotomy or dilemma, as searching for luck is not the same as keeping variance bridled -- unleashed enough to overcome the house edge and still restrained so as not to become bad luck

[MCobian]

The explanation of betting systems in the opening post is very helpful for newbies who are new to the world of gambling.
For me, who has been playing gambling for 3 years, I have tried all types of casino betting systems. I can assure you that
there is no betting system that can give you a win in the long run, because in the end the house will become winner. Therefore,
we shouldn't be greedy, when we manage to get a large enough profit from gambling. We have to stop playing gambling,
if we continue playing it will lose.

[Sanitough]

This is a good read however all of the mentioned systems have a proven record of not working.I think these systems are good only to help addicted gamblers to lower their dose of gambling.

No, it's only a betting system and there's no betting system that could give you a constant win.
What would give you a win here is if you are good in choosing a winning bets, and use a betting system that you use constantly.

The only one which functions only in theory is Martingale and for it to function you need to have an infinite or a huge bankroll.Casinos have set limits that is why it doesn’t work anymore.

Martingale is still a betting system, and it could function even though you don't have an infinite bankroll because that condition of yours is quite impossible since no one gambles with infinite bankroll, otherwise, gambling is not challenging to them anymore.

With proper timing, martingale could be a useful betting system, but it doesn't mean if it works for me, it will also work for you.
Like I said, the most important is choosing a winning bet, you can't use a betting system by betting blindly.

[Debonaire217]

This article is really helpful, I realized that when we are gambling, we need to have a significantly good amount of funds largely divided in order for us to apply these techniques. Meaning, an all-in bet at the beginning of our game will not give us a promising profit in gambling.

These techniques somehow imply that even in gambling, there's no easy win as you need to experience a winning streak to celebrate while applying the techniques.

I could be biased here but the negative progression betting or for me is what mostly called Martingale strategy, is quite a losing strategy as there's not always an instance that we win after we lose, we could have losing streak and when this happens, doubling our bet exponentially lead us to bankruptcy.

[KTChampions]

Interesting topic, thanks! (although the information is not new to me).
I thought about this: from the point of view of mathematics, all these systems are equally unprofitable. That is, if you take a long distance, then the result when applying these strategies will be the same. Roughly speaking, with the same amount of bets for each strategy, the losses will be the same, which means that it is impossible to control the loss/profitability of the game on the part of the player. Has anyone tested this reasoning in practice?

Thank you, Mister. 

Interesting opinion. I heard something similar from you about strategies in trading and led to the conclusion that trading, like betting, has a random loss / win result. This is the question we need to ask a betting guru with 20 years of experience who lives in our locale. 

I think that my point of view has a right to life, because from the point of view of mathematics, trading is a zero-sum game: your income is someone else's loss and vice versa.
As for the betting guru, I understood who you are talking about, but I cannot understand his thoughts because I don’t read his posts 

[Questat]

The Paroli Betting System and The Martingale Betting System, there are the most common used betting system I guess.
Usually in dice betting, gamblers uses The Martingale Betting System which is very risky, at first if you haven't tried it you, you will be convince with the system as you'll think you'll never have a losing streak of 10, but it does happen in dice, I tried it many times and it has wipe out all my bankroll.

Tried this in sports betting too but I don't fully implement this system as it's no fun using it regularly, also the result is the same, what's needed is just to win by choosing the pick with right analysis.

[xenon131]

If think globally all betting systems could be divided into two big categories - centralized  and p2p which is truly decentralised.  My mood is currently shifting to p2p betting which relies on blockchain or DAG technologies. Just recently, for betting on  European Champion League events,   I have tried p2p sport betting bot developed on Obyte platform and should say it rocks. After that me likely will never return to centralized betting.  

[Genemind]

I usually use the Martingale system. It's true that none of these systems lessen the risk or even increases your chance of winning. Bankroll management, luck, and patience are needed if you really want to enjoy gambling. I always end up losing all my money when I lose my patience. Just enjoy gambling and feel free to use your own strategy.

[Botnake]

I usually use the Martingale system.

For me, depending on the game, on dice, yes, on sportsbetting, no, I used straight betting using a certain amount per bet.

It's true that none of these systems lessen the risk or even increases your chance of winning.

It's only a betting system, this would not tell what to bet, therefore it would not help if you don't master your betting technique.
Let's just say it's one of the factors needed to make a betting technique.

Bankroll management, luck, and patience are needed if you really want to enjoy gambling. I always end up losing all my money when I lose my patience. Just enjoy gambling and feel free to use your own strategy.

Honestly, yes it is according to my research when I applied on my experience, that's why I realize that betting without a good bankroll will only frustrate us gamblers and we will lose discipline as sometimes we are not that realistic with our goal. Realistic gamblers would already be happy increasing 20% of his bankroll in the period of betting, but sometimes gamblers wants to increases their money into many folds.

[KTChampions]

I usually use the Martingale system. It's true that none of these systems lessen the risk or even increases your chance of winning. Bankroll management, luck, and patience are needed if you really want to enjoy gambling. I always end up losing all my money when I lose my patience. Just enjoy gambling and feel free to use your own strategy.

Why do you think that losing is due to the fact that you lost patience and not for natural reasons? When you use the Martingale strategy, this is the standard option: at first small wins, but in the end one huge loss that destroys your depozit.

[Questat]

I usually use the Martingale system. It's true that none of these systems lessen the risk or even increases your chance of winning. Bankroll management, luck, and patience are needed if you really want to enjoy gambling. I always end up losing all my money when I lose my patience. Just enjoy gambling and feel free to use your own strategy.

Why do you think that losing is due to the fact that you lost patience and not for natural reasons? When you use the Martingale strategy, this is the standard option: at first small wins, but in the end one huge loss that destroys your depozit.

Using that system consistently makes you bankrupt easily, you never used that since you don't have an infinite bankroll.

I don't know why that method was invented, but that method is purely for gamblers who are greedy enough who can't accept loses when gambling.

[wxa7115]

Interesting topic, thanks! (although the information is not new to me).
I thought about this: from the point of view of mathematics, all these systems are equally unprofitable. That is, if you take a long distance, then the result when applying these strategies will be the same. Roughly speaking, with the same amount of bets for each strategy, the losses will be the same, which means that it is impossible to control the loss/profitability of the game on the part of the player. Has anyone tested this reasoning in practice?

This has been tested many times through history, if you take into account the house edge and the capital that you use in a gambling session and if you play for long enough then you results will come very close to the theoretical values that you could calculate yourself, so we know for a fact that all betting systems are unprofitable over the long term and that no matter what you do you are going to lose money to the casino due to the house edge.

[KTChampions]

Why do you think that losing is due to the fact that you lost patience and not for natural reasons? When you use the Martingale strategy, this is the standard option: at first small wins, but in the end one huge loss that destroys your depozit.

Using that system consistently makes you bankrupt easily, you never used that since you don't have an infinite bankroll.

I don't know why that method was invented, but that method is purely for gamblers who are greedy enough who can't accept loses when gambling.

This is quite an interesting strategy to play when the minimum bet is very small. I used to have fun playing with bonus money this way a lot.
By the way, there is a stream on Twitch constantly in the slot section where the Martingale strategy game is shown, a rather useful stream (if you want to fall asleep quickly  ).

wxa7115

I know, but maybe the mathematical apparatus of some casino has flaws at long distances (in variance or something else) and someone once was able to identify and use these flaws.

[panganib999]

It took me so long and have exerted pretty much time to take a long read for the thread you have made but based on what I have understand and information I have extracted from the very long explanation presented on this thread, this basically just tackles or talks about betting strategies presented by any gamblers based on their preferences that are affected by internal and external factors considering the situation they are into that puts pressure for them to decide what kind of strategy they would exert based on gut feel and limit by the bank roll they have and how they could turn things out of the way to keep the play last longer with the chance of winning by inputting strategies they have in mind due to the situation they are currently into.

For me, even if you do not have time to read this or do not have prior knowledge about betting strategies, it would be a defense mechanism of the intellectual mind to create such strategies that he think would be an essential and effective way to survive the situation because generally strategies are concept of the human brain based on his analogy om what must be done on the present situation he's up to. Strategies are being an intellectual capacity of the mind to progress and process possible ways to do initiative on a certain situation such as betting. But the information stated by the OP was just a clear explanation of how strategies are being presented but basically, strategies are based on the individual himself on how he will assess the situation and act based on his guts.

[dothebeats]

Most of these strategies are kinda off and are heavily-dependent on the gambler’s luck. While they are well-defined and systematic, they still don’t prove themselves to be actually useful in a real betting scenario. They can work, but most of the time they don’t due to a number of reasons. Variety in betting patterns tend to give gamblers more profits and wins than sticking to one of these strategies for a set period of time.

[KTChampions]

Most of these strategies are kinda off and are heavily-dependent on the gambler’s luck. While they are well-defined and systematic, they still don’t prove themselves to be actually useful in a real betting scenario. They can work, but most of the time they don’t due to a number of reasons. Variety in betting patterns tend to give gamblers more profits and wins than sticking to one of these strategies for a set period of time.

No, there is nothing at all about luck here. In my opinion, these strategies differ only in the rate/speed of your deposit loss. For example, if you use Martingale, then you will be in the black for a long time (if the minimum bet is very low compared to the deposit), and then you will suddenly lose everything. Strategies that use money management and reduce the bet after losing/decreasing the deposit will immediately bring a loss and gradually you will lose everything.
These are small differences, but some do not think about them from the point of view of mathematics, but talk about fatigue or loss of concentration - as if if it were not for fatigue then Martingale would be infinitely profitable.

[KTChampions]

These are small differences, but some do not think about them from the point of view of mathematics, but talk about fatigue or loss of concentration - as if if it were not for fatigue then Martingale would be infinitely profitable.

This is a common excuse, Mister. Tired, distracted, lost concentration, was sleepy, had a headache ... everything will be to blame, but not the strategy.

I read somewhere that if a person is so justified. this is the first sign of gambling addiction. Somewhere on the forum, mister, maybe you also met this.

Yes, and I have seen this in almost all betting/forex/invest/gambling forums. I came to the conclusion that if a strategy exists and works, then it should show the same results regardless of who uses it. A custom bot is ideal. But I have not yet come across profitable strategies (

[jademaxsuy]

- Negative Progression Betting: This is a more risky betting system, purely because gamblers require a bigger bankroll at the beginning and a strong will to put this system into practice. With the negative progression betting technique, gamblers progressively increase their bets after each loss with a hopeful expectation of recovering their losses with a single winning bet. Gamblers also decrease their bets when they experience a win.

This is one of the old school betting to which one is successful in betting. This type of betting was regulated due to the fact that a gambler may not going to loss in this system. Imagine that lossing streak will be recover in just one win however, you may going to need bigger bet everytime one put into losses. This is why that betting platform made a limit to the maximum bet so there will be no betting strategy like this to apply.

This method would suit those gamblers who are high rollers with an extremely strong financial caliber.

There is no really problem with it because one can start thr minimum bet until the bet gets doubled every losses. As long as it is a sure win then bigger bets will be alright but the problem nowadays is that maximum bet is set already to which this betting strategy/system could not be applied.

[Bitinity]

Yes, and I have seen this in almost all betting/forex/invest/gambling forums. I came to the conclusion that if a strategy exists and works, then it should show the same results regardless of who uses it. A custom bot is ideal. But I have not yet come across profitable strategies (

I think no one will ever share a really profitable strategy, because it will stop working. Almost all paid strategies and strategies that are in the public domain do not work or work for a very short time, showing negative results in the long run. Because the sellers and distributors of such strategies are just interested in the player's negative outcome.

Because there is no profitable strategies in gambling obviously. There is also no work strategies no matter for short or long period. When you win on gambling with a specific strategy, luck is the one who is working for your win not the strategy. No one should buy any gambling strategies, if there is a seller says that a strategy is working then there is no need for him to sell it as he can make money from it. Lets just use our basic logic on this case.

[shoreno]

Yes, and I have seen this in almost all betting/forex/invest/gambling forums. I came to the conclusion that if a strategy exists and works, then it should show the same results regardless of who uses it. A custom bot is ideal. But I have not yet come across profitable strategies (

I think no one will ever share a really profitable strategy, because it will stop working. Almost all paid strategies and strategies that are in the public domain do not work or work for a very short time, showing negative results in the long run. Because the sellers and distributors of such strategies are just interested in the player's negative outcome.

Because there is no profitable strategies in gambling obviously. There is also no work strategies no matter for short or long period. When you win on gambling with a specific strategy, luck is the one who is working for your win not the strategy. No one should buy any gambling strategies, if there is a seller says that a strategy is working then there is no need for him to sell it as he can make money from it. Lets just use our basic logic on this case.

most strats that i use works for a short period of time only and i can say that they are really working  .

 theres also strats are built for long term .  i wont say my strats or other strats are profitable because this is a casino and they arent built for us to loot them  .there are real jobs that we can do if we want to profit  . many sellers that i saw and at rare times there are buyers as well ,  both parties are desperate to earn . the sold strat can work if the buyer is lucky  .