Most players have a system in place for their betting, whether they are at the blackjack table, in the poker room, or at the slot machines. Gamblers want to know they are working their bankroll the best way possible. Several people have developed betting systems over the years. These systems often use a combination of strategy and math to determine when and how much a player bets. More often then not, betting systems like these do not work in the long run, but some do. Betting systems can be broken down in to three types.
The Three Types of Betting Systems
The Positive Progression
A positive progression, or let it ride, betting system is based on riding out a winning streak. It is a simple “go big or go home” theory. In a positive progression, a player will start out with smaller bets, then once the player starts to win they will increase their bet until they loose again. Once the player looses they will go back to their original bet or start to decrease their bets in increments depending on the positive progression betting system they are following. A positive progression is a good way to bet as it much safer then other betting systems.
The Negative Progression
click here to see most Popular PagesA negative progression betting system works the exact opposite of a positive progression betting system. A player will start with a minimum bet, often of their choosing. If the player wins, they will keep their bet the same. If the player looses, they will increase their bet. Negative progression systems work on the theory that the game must turn around, and when it does the player’s higher bet will work out in their favor. However, the game does not always turn around and player’s can loose big this way.
The Insurance System
The insurance betting system is often considered the safe bet in the casino. With an insurance betting system, a player will start with a high bet. If the player wins, then they will lower their bet. This guarantees that the player will keep some of their winnings regardless of the next hand. Since the odds are at least one round will be a winner, the insurance betting system can be a safer bet. However, if the player hits a loosing streak they can run through their bankroll quickly by betting those high bets.
