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legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
June 23, 2022, 09:00:35 AM
#68

Quote
3. The Martingale Betting System: This is a negative progression betting technique and is often used as a method to double up your wagers after each losing bet. This makes calculating progressions relatively simple and attempts to maximize winning streaks. Its foundations lay on instructions to double your bets when you lose and wager standard bets when you win.
The Martingale Betting System is great for short term play, and is not recommended for long term strategy. Gamblers find that they often make great risks for little reward when employing this system.
This system is most popular when playing Roulette, Blackjack, Online Craps, and Baccarat.

The Martingale system is essentially like betting on a match with odds of x1.10 with your entire balance.
You can earn money multiple times in the Martgingale system. But this money is small amounts. If you lose once, you can lose all your money.





Although it is an accepted betting system and I believe that we have all done it out of pure instinct, I think that I would not recommend it, mainly I have had bad experiences with this type of bet, of course I have also had a good run, but putting everything in a balance has been more the bad streak than the good streak, I am not ashamed to say it because it is something that I think every player has experienced and it is not pleasant at all, however that is why I emphasize warning you, it is not healthy low martingale Under no circumstance, this system leads to despair and total loss of any money balance.
legendary
Activity: 2212
Merit: 1008
June 22, 2022, 03:57:14 PM
#67
Many systems have been devised by players over the years. Everything has been tried, but to this day no system is watertight and with which you will always win money in the long run. Systems don't work, you always need luck to beat a gambling site. In the long run you will always lose. You still have different systems for Roulette to play for example, a Martingale system is known. Martingale can also be used in sports betting.
hero member
Activity: 2828
Merit: 611
June 22, 2022, 03:41:18 PM
#66
The full List of Betting Strategies you can find here: http://sportstatist.com/betting-strategies/
when say a betting system that is your own way off strategies of betting So You win again true there's speculation and their measurement game currently people this time around predict the game because of the way and what they also have and what the pass through and and observe for all the competition some people play game with the odd of the game and they win the game, so the system you predict game and then win the game might not be the same thing with me
You can create your own betting system but there's also an existing betting system that are followed by the gamblers. One of the popular betting systems that is still being used up until now is the martingale method but there are also different variations of martingale and the op missed to add them.

Having such system might increase your chances to win but some things still need to be applied like stopping and withdrawing once you already earn some profit because these betting systems are not designed to give us an unlimited chances to earn but it's okay if your system is different from the rest. You know what works best for you.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 20, 2022, 06:04:29 PM
#65
The full List of Betting Strategies you can find here: http://sportstatist.com/betting-strategies/

when say a betting system that is your own way off strategies of betting So You win again true there's speculation and their measurement game currently people this time around predict the game because of the way and what they also have and what the pass through and and observe for all the competition some people play game with the odd of the game and they win the game, so the system you predict game and then win the game might not be the same thing with me
Everyone will have their own betting system, which will never be the same. Maybe one or two systems will coincide by chance but other times, they will not have the same system. But even though the betting systems are different, they have the same goal: to win bets and profit from gambling. So in predicting the game, we can use different methods to achieve victory. And if one of us can't win, we still have a lot to learn.
member
Activity: 686
Merit: 21
June 20, 2022, 09:18:09 AM
#64
The full List of Betting Strategies you can find here: http://sportstatist.com/betting-strategies/

when say a betting system that is your own way off strategies of betting So You win again true there's speculation and their measurement game currently people this time around predict the game because of the way and what they also have and what the pass through and and observe for all the competition some people play game with the odd of the game and they win the game, so the system you predict game and then win the game might not be the same thing with me
hero member
Activity: 756
Merit: 629
June 20, 2022, 09:17:22 AM
#63
You can find the extensive list of betting systems here: https://sportstatist.com/betting-strategies/

I would call this list "the list of non-working betting systems". In principle, I see a lot of useful (albeit well-known) information here, but I would like to see more practical testing of such ideas. But apparently this is not done, because then it will be obvious that none of the proposed strategies work even to zero, let alone profit.
member
Activity: 773
Merit: 17
June 20, 2022, 09:07:52 AM
#62
You can find the extensive list of betting systems here: https://sportstatist.com/betting-strategies/
hero member
Activity: 2968
Merit: 687
June 14, 2022, 04:59:38 PM
#61

Quote
3. The Martingale Betting System: This is a negative progression betting technique and is often used as a method to double up your wagers after each losing bet. This makes calculating progressions relatively simple and attempts to maximize winning streaks. Its foundations lay on instructions to double your bets when you lose and wager standard bets when you win.
The Martingale Betting System is great for short term play, and is not recommended for long term strategy. Gamblers find that they often make great risks for little reward when employing this system.
This system is most popular when playing Roulette, Blackjack, Online Craps, and Baccarat.

The Martingale system is essentially like betting on a match with odds of x1.10 with your entire balance.
You can earn money multiple times in the Martgingale system. But this money is small amounts. If you lose once, you can lose all your money.




First, you should  tend to check out on the last post of  this thread because necrobumping is totally not a good thing to be done on this forum.You should avoid this on next time.

Back on topic about martingale or other systems, they might differ on set-up but its not always been effective, it would be only considered to be working whenever
you are already in profits and you do able to stop yourself midway and thats the time you do call it to be effective.  Cheesy
sr. member
Activity: 1288
Merit: 377
June 14, 2022, 04:42:12 PM
#60

Quote
3. The Martingale Betting System: This is a negative progression betting technique and is often used as a method to double up your wagers after each losing bet. This makes calculating progressions relatively simple and attempts to maximize winning streaks. Its foundations lay on instructions to double your bets when you lose and wager standard bets when you win.
The Martingale Betting System is great for short term play, and is not recommended for long term strategy. Gamblers find that they often make great risks for little reward when employing this system.
This system is most popular when playing Roulette, Blackjack, Online Craps, and Baccarat.

The Martingale system is essentially like betting on a match with odds of x1.10 with your entire balance.
You can earn money multiple times in the Martgingale system. But this money is small amounts. If you lose once, you can lose all your money.



legendary
Activity: 2562
Merit: 1978
Leading Crypto Sports Betting & Casino Platform
September 06, 2020, 07:33:45 AM
#59
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.

I do not think that they are interested in losing the player, the only reason is that they cannot sell a profitable strategy because they do not have it. And, by the way, the sellers of these strategies are trying to delay as much as possible the moment of bankruptcy of the one who buys their goods. If you paid attention, then in all these strategies a very large emphasis is placed on money management. And this money management is delaying the moment of bankruptcy as much as possible.
legendary
Activity: 3052
Merit: 1273
September 01, 2020, 01:49:21 PM
#58
well, the conclusion of what you say is that there is no strategy that always gives you victory, which must be needed to be able to regulate your emotional state, don't be too passionate about gambling because it can make you lose instantly when you can't control your emotions.

That's true, you can win an X amount in gambling (n times or m % actually) but you need to focus on that amount that you've already made up, and see that you've already made more than what an average Joe makes if he'd have put his money in a bank's FD and waits for years to double it whereas if you manage to even gain 50% of your total capital (not the bet size of a bet but your entire bankroll), then I guess there's no need to keep your money over there. Just withdraw and use it. If not, and you're into doubling your money, sure go ahead but do understand that there could be losses ahead which might make you bet more by flowing under your emotions and lose even more than what you'll have at that time.
hero member
Activity: 2856
Merit: 667
September 01, 2020, 05:44:38 AM
#57
if we are only among those who are born to have an unlimited luck and winning  we are now millionaires and we arent here already but i wonder if there are or its really possible to posses a gift like that ? because they can abuse every casinos they came across with  . theres no balance if that happens .
It's not possible, that didn't exist and  no person is so lucky to have experience winning all the time.
Best we can do is to be realistic, work our method the hard way and try to figure out how to win in the long run as it's possible.

thats why i wont easily believe on those but two things are for sure and those are winners and loosers

We only need to have more winning bets over losing bets, that would already make us profitable if we are discipline in managing our bankroll at the same time.
full member
Activity: 1638
Merit: 122
September 01, 2020, 03:51:21 AM
#56
Whether it is martingale or something else, the strategy will give effective results only if you're with good luck. Apart from this, most of the strategies can be succeeded if you've got good volume of backing to spend. As said, there'll be users who have been successful and failed out of gambling. So, methodologies aren't a factor in one's winning.
Luck yes of course and I can sense that there are really few people that are always lucky and always winning in gamble. Though most of them do not like to gamble as since they were just being influence or just passing by and then do gamble. It is rare case though to happen and I can see also that most gamblers that are addicted to play in gambling usually end up in losing their money. So, I can only see two kinds of gambler here. The lucky and the unlucky one. LOL, In my case, I am.not lucky in gambling I always end up losing my money when I gamble though I could also win but not that much compared to lossing.

if we are only among those who are born to have an unlimited luck and winning  we are now millionaires and we arent here already but i wonder if there are or its really possible to posses a gift like that ? because they can abuse every casinos they came across with  . theres no balance if that happens .

thats why i wont easily believe on those but two things are for sure and those are winners and loosers
sr. member
Activity: 1162
Merit: 253
September 01, 2020, 03:50:07 AM
#55
I have tried applying some basic rules on my games that I play and even made a set of hard rules to be followed (and I also have my own strategies or ways to deal with losses), but trust me, when you start winning, you just forget those rules and strategies immediately and start focusing on winning more. This creates an addictive environment where I lose my patience as well as my control on myself and that's where I start losing. I won't say that control and patience brings me constant wins and 0 losses, but these 2 really help in not losing what you'd have lost if you'd have played in an addictive manner.
well, the conclusion of what you say is that there is no strategy that always gives you victory, which must be needed to be able to regulate your emotional state, don't be too passionate about gambling because it can make you lose instantly when you can't control your emotions.
full member
Activity: 924
Merit: 221
September 01, 2020, 02:36:06 AM
#54
Whether it is martingale or something else, the strategy will give effective results only if you're with good luck. Apart from this, most of the strategies can be succeeded if you've got good volume of backing to spend. As said, there'll be users who have been successful and failed out of gambling. So, methodologies aren't a factor in one's winning.
Luck yes of course and I can sense that there are really few people that are always lucky and always winning in gamble. Though most of them do not like to gamble as since they were just being influence or just passing by and then do gamble. It is rare case though to happen and I can see also that most gamblers that are addicted to play in gambling usually end up in losing their money. So, I can only see two kinds of gambler here. The lucky and the unlucky one. LOL, In my case, I am.not lucky in gambling I always end up losing my money when I gamble though I could also win but not that much compared to lossing.
legendary
Activity: 3052
Merit: 1273
August 31, 2020, 03:27:57 PM
#53
I have tried applying some basic rules on my games that I play and even made a set of hard rules to be followed (and I also have my own strategies or ways to deal with losses), but trust me, when you start winning, you just forget those rules and strategies immediately and start focusing on winning more. This creates an addictive environment where I lose my patience as well as my control on myself and that's where I start losing. I won't say that control and patience brings me constant wins and 0 losses, but these 2 really help in not losing what you'd have lost if you'd have played in an addictive manner.
sr. member
Activity: 1932
Merit: 370
August 31, 2020, 03:19:27 PM
#52
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.
Strategies should suite the game that you are playing, you can't just use a single strategy on the entire casino games coz you'll be losing.
But I must say that the martingale strategy won't let you lose as much as you have a backing money to bet for another round.

Because the sellers and distributors of such strategies are just interested in the player's negative outcome.
Paying to get strategy is for a whack and brainless. Imagine paying for someone's interest, like paying for your own grave.
legendary
Activity: 3346
Merit: 1191
August 31, 2020, 02:28:58 PM
#51
Excellent post right here, but I don't think it goes far enough into the drawbacks of betting systems.

Realistically, in most games of chance you stand your best chance of making a profit by dropping an extremely large bet once, and then taking the profits first time around.

The more you play, the closer to the expected result you move. As such, if you're playing thousands of games using some strategy, odds are your win/loss ratio will be close to expected.

Systems will not help in the long run. I'm not even here they help short-term either.

Anybody have any statistics showing the effectiveness of systems in the short vs long-term? (+ merit)

I think we had thread here about people who made extremely large bets at very low odds, and they got busted! If you don't have for another bet in games of chance you are screwed! And this "for another bet" read like for many more bets, where you will have to even rise bets/odds to return what you lost and eventually make some profit.
There are systems you can run all day and night! I am doing that with auto betting, and usually I make dust, sometimes I make something more... and there's always chance to get busted.
I have statistic in my head! I am playing dices for +5 years, I tried so many strats for long run, many times it was just fun. I can help you, but you need to tell me what exactly you want to know.
First to say my main place in last months is wolf.bet, they have awesome settings for auto, from recently they have flash too. I can run any odd, from x1.1 to x990, and I tried most of them. In the last few days I mostly play x3 and x4, or something in between. When I let auto overnight I have +120k rolls with my internet and lap top, for some it's faster. Max reds I saw for x3 is 37, and for x4 I had 44 max red streak. Your base bet will depend on your bankroll and goals of course, these max reds happen once in a million rolls, usually it's lower!
If you can be more specific maybe I can give you more info.
hero member
Activity: 2940
Merit: 715
August 30, 2020, 06:35:24 PM
#50

Anybody have any statistics showing the effectiveness of systems in the short vs long-term? (+ merit)

There's a lot we can find online, that's the reason I experiment some of the betting system mentioned in the OP which is the martingale, but unfortunately, the result was opposite, so I quit.  Sad..... This only means, that a system would not work for everyone.
Whether it is martingale or something else, the strategy will give effective results only if you're with good luck.
If you only think luck would make you win, then I think gambling is not fun anymore, I mean there's no need to analyze the data you get since you just rely on luck. No, I don't agree with luck alone, betting system is just part of the system needed to win, but in the end, it's still your consistency that is needed in order for you to win.

Consistency means you win most of the time, and you'll only know that if you are maintaining a record of your gambling activities, also, as long as you are betting on skilled based games, not luck based.

Apart from this, most of the strategies can be succeeded if you've got good volume of backing to spend. As said, there'll be users who have been successful and failed out of gambling. So, methodologies aren't a factor in one's winning.

If you are realistic with your approach, bankroll would depend on what you can afford to lose only, you won't seek for big bankroll that you can't afford to lose as that would give a negative effect on you in the long run.

Your bankroll is suppose to last longer to withstand a cold streak which is possible, so regardless of the size of your bankroll, you need to manage it effectively.
newbie
Activity: 42
Merit: 0
August 30, 2020, 12:27:43 PM
#49
The biggest gambling myth is that an event that has not happened recently becomes overdue and more likely to occur. This is known as the “gambler’s fallacy.” Thousands of gamblers have devised betting systems that attempt to exploit the gambler’s fallacy by betting the opposite way of recent outcomes. For example, waiting for three reds in roulette and then betting on black. Hucksters sell “guaranteed” get-rich-quick betting systems that are ultimately based on the gambler’s fallacy. None of them work.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
August 30, 2020, 06:17:20 AM
#48

Anybody have any statistics showing the effectiveness of systems in the short vs long-term? (+ merit)

There's a lot we can find online, that's the reason I experiment some of the betting system mentioned in the OP which is the martingale, but unfortunately, the result was opposite, so I quit.  Sad..... This only means, that a system would not work for everyone.

   I searched for these kinds of stats for dices, but I didn't find anything useful. What OP shared can be found on most of the sites,
the same lines, and the same strategies. I try my own strategies, I usually bet manually because for auto-betting you need bigger
bankroll. With manual betting I feel I have more control.   
   There're some sites with dice calculators, but you need to do your own calculations. They have basic info about dices, the same
strategies that OP shared. Search in google dice strategies and calculators and you will have many results, I checked few sites,
except interface they are almost the same.
hero member
Activity: 2982
Merit: 610
August 27, 2020, 06:00:50 PM
#47

Anybody have any statistics showing the effectiveness of systems in the short vs long-term? (+ merit)

There's a lot we can find online, that's the reason I experiment some of the betting system mentioned in the OP which is the martingale, but unfortunately, the result was opposite, so I quit.  Sad..... This only means, that a system would not work for everyone.
legendary
Activity: 2030
Merit: 1189
August 27, 2020, 04:54:55 PM
#46
Excellent post right here, but I don't think it goes far enough into the drawbacks of betting systems.

Realistically, in most games of chance you stand your best chance of making a profit by dropping an extremely large bet once, and then taking the profits first time around.

The more you play, the closer to the expected result you move. As such, if you're playing thousands of games using some strategy, odds are your win/loss ratio will be close to expected.

Systems will not help in the long run. I'm not even here they help short-term either.

Anybody have any statistics showing the effectiveness of systems in the short vs long-term? (+ merit)
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
August 27, 2020, 02:05:51 PM
#45
You know if those betting "system"/strategies actually worked, all casinos would go bankrupt. They would make using those strategies illegal and a bannable offence (like the way they don't allow people who card counts to play. I mean it is not illegal to count cards, but if you get caught, they will politely tell you to leave and won't let you play anymore on those casino).
People should know that all those strategies are nothing. Game of chances are all about your luck. If you are lucky, you win. But in the long run, it is always the house that wins.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
August 27, 2020, 05:14:58 AM
#44
Categories Of Betting Systems

- Positive Progression Betting: This is the most popular betting system purely because gamblers don’t need to have a big bankroll to start the casino game. With the positive progression betting technique, gamblers progressively increase their bets after each win and progressively decrease their bets with each loss.
The theory behind the positive progression betting technique is that you have the greatest opportunity to maximize your profits when you are experiencing a winning streak at the casino game. Additionally, if you are experiencing a losing streak, employing a positive progression betting method will help you to minimize your losses. Positive Progression Betting is a relatively harmless betting technique that offers the opportunity to strike it rich when you are enjoying a winning streak. Always remember that you are not guaranteed a winning streak and should not expect one when playing at the casino.

- 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.
The theory behind the negative progression betting technique is that even though you have lost the last wager, you are destined to win in the near future. And when that win eventually comes, you would have covered up your losses and made a handsome profit in the process. As enticing as this strategy sounds, it is not suggested for gamblers as it may encourage a risky downward spiral in your casino experience.

Although it is quite plausible that a gambler may employ this technique and walk away with a superb profit, this system is not designed to facilitate great profit for a gambler. Notwithstanding the heavily favored casino odds, there is a great probability that gamblers may lose all or a significant amount of their dedicated bankroll, or at best break even.
Many gamblers are of the opinion that the negative progression betting technique is a flawed method of gambling, as there is a lot of uncertainty as to when your losing streak will come to an end. The negative progression betting technique is not recommended to gamblers due to the volatility of the technique.
This method would suit those gamblers who are high rollers with an extremely strong financial caliber.

- Insurance Betting Systems: This is a relatively neutral gambling technique and is considered as a safer system. With the insurance betting system technique, gamblers progressively decrease their bets after each loss.
Bear in mind that the above techniques are not a sure-fire way to strike it rich, and these should be used with caution at all times.

Another factor to be wary of is called Gambler's Fallacy, where gamblers become fixated with particular casino games based on their characteristics and what stimulates their attention. Gamblers tend to create fallacies in their mind that have weak foundations based on rumors or their perception of reality. These fallacies can cloud the judgment of gamblers, which in turn enables the house edge to prevail easier.
It's a nice and useful thread because it is very informative. However, I don't think there's evidence that betting systems work to help winning. The negative progression option is very addictive and extremely risky because it makes you lose a lot, fast and gives intuitive hope that the net bet will cover all these losses which it often doesn't. I liked positive progression betting, however, because at least it doesn't stimulate losing more money. I don't think I've tried it, but maybe I will. And the insurance betting seems like the safest option, but it's clearly not profit-oriented, it focuses on reducing the money one spends.
legendary
Activity: 2702
Merit: 1465
August 27, 2020, 05:07:16 AM
#43
Of all the strategies given in the first post, the most interesting for practice is of course the Martingale.
But as here in the topic some players note the main problem is not in the chosen strategy, but in strict adherence to the rules by gamblers.
And it is precisely because of the desire to win back that all the problems of such players arise. Their inability to stop on the other hand is the driving force of all gambling establishments, allowing them to have good profits.
Azart - as they say "delicate matter"
And the entire system of strategies is aimed precisely at educating gambling players, so that they, with a huge effort of will, can stop at the right moment.
And this is very difficult, I know from myself.
sr. member
Activity: 882
Merit: 269
August 27, 2020, 01:45:06 AM
#42
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.
well, if you are aware, some gambling places may still use some scripts that make the players at the gambling place suffer losses, perhaps by replacing the dealer card so that it looks like the dealer always wins and we as players often lose.
Those who are not aware about that cheating issues of the dealer are pitiful because they thought that its their unlucky day or maybe there is something wrong the way they play that's why they kept on losing their games but they don't know that sometimes it is the dealer who cheats just to trick them.
sr. member
Activity: 924
Merit: 256
August 26, 2020, 07:37:08 AM
#41
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.
well, if you are aware, some gambling places may still use some scripts that make the players at the gambling place suffer losses, perhaps by replacing the dealer card so that it looks like the dealer always wins and we as players often lose.
full member
Activity: 1750
Merit: 118
August 26, 2020, 06:31:40 AM
#40
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  .
legendary
Activity: 3066
Merit: 1312
August 24, 2020, 01:22:08 AM
#39
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.
full member
Activity: 924
Merit: 221
August 23, 2020, 10:12:24 PM
#38
- 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.
legendary
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August 23, 2020, 09:53:44 AM
#37
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 (
legendary
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August 22, 2020, 04:47:33 PM
#36
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.
legendary
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August 22, 2020, 09:43:48 AM
#35
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.
hero member
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August 22, 2020, 09:14:09 AM
#34
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.
legendary
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August 22, 2020, 08:31:05 AM
#33
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  Grin ).

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.
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August 21, 2020, 12:28:19 PM
#32
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.
hero member
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August 21, 2020, 06:40:25 AM
#31
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.
legendary
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August 21, 2020, 06:13:16 AM
#30
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.
hero member
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August 21, 2020, 05:57:23 AM
#29
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.
sr. member
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August 21, 2020, 05:48:43 AM
#28
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.
hero member
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August 21, 2020, 05:29:33 AM
#27
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.  
hero member
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August 21, 2020, 05:11:31 AM
#26
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.
legendary
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August 21, 2020, 04:56:20 AM
#25
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.  Cheesy

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.  Grin

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  Grin
sr. member
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August 19, 2020, 12:34:55 AM
#24
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.
hero member
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August 17, 2020, 03:36:02 AM
#23
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.
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August 17, 2020, 03:06:34 AM
#22
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.
legendary
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August 17, 2020, 02:53:39 AM
#21
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
legendary
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August 16, 2020, 11:59:53 AM
#20
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?
hero member
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August 16, 2020, 11:13:11 AM
#19
I tried some of those betting systems mentioned above but I always set myself that the money that I am gambling will lose anytime. So if I win, I consider it as the bonus of my game. Even if some of them works if you know how to strategize, still it is not good reason to use somebody else's money or money for your basic needs. This is my opinion on this matter.  Tongue
And it is not difficult to understand why, betting patterns or strategies do not really change the odds of the game at all, so it does not matter what you do at the end you are always going to lose to the house if you play long enough.

However despite this being common knowledge people are always trying their luck with betting systems and that is because no matter how many times it is demonstrated that this does not work many of those systems like martingale seem to give the impression that they work as they can allow you to have long winning streaks making it seem as a perfect way to make money only to lose all your capital once you lose enough times in a row.
hero member
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August 16, 2020, 10:38:02 AM
#18
One should not be using any startegy blindly, since some may work, and some may not work. Also, the risk-taking ability of each person is different so what works for me may not be same for you. It is always good to set aside budget for gambling which you can afford to lose or say in a way it’s for fun and entertainment you can spend. And once you win you can add that to gamble or just keep it aside depends on every individual.
sr. member
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August 16, 2020, 08:21:05 AM
#17
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.

Sometimes it is much better to trust your gut feeling over any betting system. You never know for example whether a single loss is the start of a losing streak or not. Or you may double your next bet to get back your previous loss only to end up losing again and decided to get back to your base bet only to end up winning. Or you doubled your bet after a win and end up losing for the next 5 rounds.
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August 16, 2020, 07:35:21 AM
#16
I read this kind of information int he past, it's a strategy in betting but it's really hard to find the strategy to win.
These are just basics, at least we know the basics when we are gambling to increase our chances and minimize the risk of losing.

Martingale method is one of the most popular betting system, but this is one of the worst betting strategy as we can lose everything we have if we don't have the discipline. Anyway, still thank you for sharing, reading it again is worth spending my time.
full member
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August 16, 2020, 06:27:37 AM
#15
Categories Of Betting Systems

- Positive Progression Betting: This is the most popular betting system purely because gamblers don’t need to have a big bankroll to start the casino game. With the positive progression betting technique, gamblers progressively increase their bets after each win and progressively decrease their bets with each loss.
The theory behind the positive progression betting technique is that you have the greatest opportunity to maximize your profits when you are experiencing a winning streak at the casino game. Additionally, if you are experiencing a losing streak, employing a positive progression betting method will help you to minimize your losses. Positive Progression Betting is a relatively harmless betting technique that offers the opportunity to strike it rich when you are enjoying a winning streak. Always remember that you are not guaranteed a winning streak and should not expect one when playing at the casino.

This Positive Progression Betting is somehow much better than Negative Progression betting. This only applicable if you're lucky on that day, because the momentum for you in winning a betting is there. If this is utilize properly in an actual game, this can really make you have a big winnings and minimize losses. This feels like you will just wait for a proper timing on when to bet with a huge amount and bet in a small amount, just like good decision making.

- 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.
The theory behind the negative progression betting technique is that even though you have lost the last wager, you are destined to win in the near future. And when that win eventually comes, you would have covered up your losses and made a handsome profit in the process. As enticing as this strategy sounds, it is not suggested for gamblers as it may encourage a risky downward spiral in your casino experience.

Source: https://blog.bc.game/betting-systems-do-they-work/

All i can say about this betting system is that most of the time, it can multiply your losses. This is never effective, it will just recover your losses but it is guaranteed a loss every time people do this.
legendary
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August 16, 2020, 05:55:24 AM
#14
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.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.
sr. member
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August 16, 2020, 05:34:39 AM
#13
Bettings will not work all the time. I have tried using the martingale betting system, there are times that I earn good profit and there are also times that I lose all the time until my capital run out. So, what I did is I am not thinking about winning all the time instead I enjoy betting.

Based on the OP

Quote
The Martingale Betting System is great for short term play, and is not recommended for long term strategy. Gamblers find that they often make great risks for little reward when employing this system.

It is also a Negative Progression Betting hence needing a huge amount of bankroll. We all thought it would work but as losing streaks keep on rolling, that would also increase the risk as your bets keep on getting bigger. I am using a strategy for a while but I do not know the name of it but reading the OPs post it is The Reverse D’Alembert System. You should also try it.
sr. member
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August 16, 2020, 05:26:27 AM
#12
Bettings will not work all the time. I have tried using the martingale betting system, there are times that I earn good profit and there are also times that I lose all the time until my capital run out. So, what I did is I am not thinking about winning all the time instead I enjoy betting.

Martingale will and can only work if your bankroll is big enough to substain the long streaks of losses. Which of course can happen in betting.

I tried the martingale myself, it worked good for a while but my bets were too big at one point.

I just bet units now, and bet bigger if I am more confident or less if its a high odd bet with not so much confidence.
hero member
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August 16, 2020, 05:07:59 AM
#11
Bettings will not work all the time. I have tried using the martingale betting system, there are times that I earn good profit and there are also times that I lose all the time until my capital run out. So, what I did is I am not thinking about winning all the time instead I enjoy betting.
sr. member
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August 16, 2020, 03:39:45 AM
#10
Does this kind of betting system actually works? Beacuase gamblers had been using their ways of betting and it had worked for them in a different dimensions without leaning considering on the betting system op laid out. I have never heard of these but it seems interesting if its applicable to most betting strategies.
No, I'm not the author, I just highlighted the main thing in the author's article and decided to share it here. Since I was not previously interested in any betting systems, this material seemed to me interesting to read. Also, the opinions of more experienced players on this matter are interesting. Smiley
You wouldn't have done a copy paste thing actually, but quite the article and provide source link as simple as that, thanks anyway for sharing this article with gamblers.
sr. member
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August 16, 2020, 03:30:29 AM
#9

No, I'm not the author, I just highlighted the main thing in the author's article and decided to share it here. Since I was not previously interested in any betting systems, this material seemed to me interesting to read. Also, the opinions of more experienced players on this matter are interesting. Smiley

I think it is better to rather quote the article than to copy paste it. Though you mentioned the main article link, that wouldn't mean that you somehow plagiarized it. I do suggest that you only indicate certain points and explain it with your own words or simply paraphrase everything in the article.

But with regards to the topic, I'm thinking of making an infographic poster out of this article to showcase such strategies.
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August 16, 2020, 01:45:17 AM
#8
The full List of Betting Strategies you can find here: http://sportstatist.com/betting-strategies/
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August 16, 2020, 12:56:18 AM
#7
It's a great read for sure. There are some aspects of it that I just learned that that is the name of the technique, like The Paroli Betting System. I entirely use this a lot in Baccarat, but I didn't know that it's what it was called. Some terms there I have seen with the Dicebot that I use in some sites as well.

I think the most essential part of the post, and you didn't include, OP. It's about the conclusion of whether or not Betting Systems work.

Always keep in mind that no betting system will work exactly as you want it to. If you do decide to try one of these approaches, always remember to exercise caution and have loads of fun while playing in the gaming spirit. Good Luck!!!

Luck is still the primary factor when gambling. Make sure to wager what you can afford to lose.
hero member
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August 16, 2020, 12:41:18 AM
#6
Betting systems are just ways players and gamblers term to styles that they can and want to understand. It can be described as something useful, but at the same time not really. It's a forceful approach to understanding something you usually don't understand. Still, they work to an extent but at the same time, it really just ends up with a total ratio of 50/50 in the end, with either win or loss. These strategies are mostly just ideas of when you should stop or when you should go after reaching a certain point, so you can guarantee some sort of profit after playing

Nonetheless, nice read. Most strategies have proven their effectiveness with time, and well, Martingale has been the one stuck with me for quite a long time already.
legendary
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August 15, 2020, 11:28:57 PM
#5

Betting systems, also referred to as betting strategies, are a structured approach to gambling at a casino with the intention of beating the odds and circumventing the house edge.

Source: https://blog.bc.game/betting-systems-do-they-work/

The intention is one thing and the result of that intention is another.

That article is the typical one written by casinos or someone who works for them, when the truth is summarized in a very simple way. Betting against the casino is betting against the odds.

All those systems are very useful to pay the casino a lot of rake.
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August 15, 2020, 11:12:10 PM
#4
I tried some of those betting systems mentioned above but I always set myself that the money that I am gambling will lose anytime. So if I win, I consider it as the bonus of my game. Even if some of them works if you know how to strategize, still it is not good reason to use somebody else's money or money for your basic needs. This is my opinion on this matter.  Tongue
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August 15, 2020, 07:07:11 PM
#3
Yeah not a bad read by any stretch and it's nice you copied the article in the thread.

These strategies are kinda proven not to work, but there are ways to effectively nullify the house edge in certain games with low edges to start with.

There are strategies for example where you use martingale but with a max bet at a certain amount higher than base bet*2^8 and returning back to base above that - but even that would lose you money.
legendary
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August 15, 2020, 06:50:11 PM
#2
are you the author of that blog article or just using it as reference?

by any chance, have you encounter about this article- the truth about betting system? somehow a good read also. the gist - those betting systems are not proven to work at all times. and we all know it. there are times that it will work but most of the time, they are not. try beating the odds and HE?
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August 15, 2020, 07:14:27 AM
#1
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