Most Popular Betting Systems Explained

If you’re new to the world of betting, gambling and playing the odds, chances are you’ve never heard some of the terms thrown loosely about on casino floors, or in the online chats. While employing a betting system is never a sure thing, there are plenty of popular options you can review and choose between if you’re thinking of trying something.

Martingale System

Considered by many to be the oldest and one of the most popular betting system around, the Martingale system relies on you doubling up on every loss, and putting more money in, in the hopes that you win it back and then some. It can be used in a variety of casino games and is popular among blackjack and baccarat players.

You figure out what your base bet will be, and if you win, then you return to the base bet for your next bet. However, if you lose, you double the amount you put in – on the chance that you can win back what you lost. If you win after this, you return to your base bet again – but if you lose once more, you once again double your bet. This can be risky, and can lead to players wasting their entire bankroll trying to win back that which they lost originally.

The Paroli System

Considered by some to be the opposite of the Martingale System, the Paroli System relies on players increasing their bets on wins and decreasing back to the base bet after a loss. It’s wise to set a target on when to pull back after a streak of wins ahead of time, to avoid playing on past that point. This system is very popular amongst card players, and it relies on the player increasing their bet only after winning two hands in a row.

Fibonacci Strategy

The Fibonacci strategy is based on the golden ratio and relies on the premise that every new number equals the sum of the previous two numbers. When used as a betting system, the player will sequentially increase their wager after a loss according to this principle. As it stands, each lost bet will move you up one number in the Fibonacci sequence while a win will see you moving down two in the sequence.

Proportional betting 

This strategy is employed by many professionals and it is achieved by balancing your bankroll, winning streak and flexibility. It has no defined ratios other than what players themselves wish to employ, but a good rule of thumb is to not put in more than 5% of the total value of the pot – as this achieves a good balance between betting too much – or too little.

1-3-2-6 betting system

Another popular betting system, the 1-3-2-6 betting system follows the premise that you can win your money back over a series of even bets, in games such as craps, baccarat, blackjack, roulette, et al. Using your base bet and winnings in increments of 1 and then 3 – removing any winnings to ensure your base bet is back to double for 2 and finally ensuring your base bet is now x6. If you were lucky enough to win each time during this, you’ll go back to 1 again for your next bet. If you lose, you’ll automatically start at your base bet of 1 again.

While ultimately, betting systems don’t guarantee you anything, and are likely to fail in the long run due to the house edge, they can be fun to try out every once in a while,  as long as you quit while you’re ahead.