A betting strategy, i.e. betting system is a legitimate way for players to optimize their bankroll management, and consequently increase their chances of profiting.
Numerous betting systems have been invented throughout the years, as players are constantly looking for ways to get ahead. However, when it comes to the concepts they are based on, these bankroll strategies tend to distinguish between positive and negative progression betting.
Positive progression betting systems are those build on the presumption that players should increase their bet size after every win and decrease it after a loss. The main idea behind positive progression betting is that the money you made on the winning bet are worth the risk because of the huge reward potential.
Negative progression betting systems, on the other hand, require players to do the opposite – to increase their bet sizes after a loss, and decrease them after a win. In most practical cases, bet sizes after a win are kept the same or returned to the original amount rather than progressively reduced. Either way, they are in line with the general presumption of this betting system type – the more you risk, the higher the reward.
These betting systems come in both formats illustrated above, and the most popular and largely used ones include the following:
The Martingale System
This is an instance of the latter, negative progression format, as it requires players to double their bet amount after each loss. While maintaining such a practice would require a massive bankroll, the idea is that players would be able to make up for it and even turn a profit with the winning bet that should end the losing streak.
Fixed Betting
This betting system does not belong to either format, as there is no progression.
Namely, fixed betting strategies require players to set up a basic bet size and stick to it for all their bets, regardless of their diverse odds and payouts.
Due to its simplicity, it is commonly used by novices, or players looking to reduce risk to a minimum.
If you want to test it in practise you can visit netbet.co.uk or similar betting sites.
D’Alembert Betting System
This betting system is yet another negative progression, only it requires players to increase their bets after losses by the fundamental unit they have determined at the start of the session, and reduce it by the same amount after a win. This means that, should players start off with $5, the three following losses would see the bet size rise to $10, $15 and $20, respectively.
Fibonacci Betting System
The Fibonacci system is based on the corresponding math sequence of numbers, starting with 0 and 1, and progressing with each following number being the sum of the two previous ones: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144…
This system implies that players pick a basic unit bet, normally $1, and increase it according to the sequence after each loss. Since it is a negative progression, it is understandable that wins would see players keep the bet size or even reduce it by two numbers backwards.
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