Best Betting Systems
Before applying these betting systems to your game, we recommend first having the right approach to gambling online, including understanding its dangers.
Because of the house edge, the best value and equity bets you get are those where your probability and pay out odds are closest. You will never get a ‘fair bet’ where those 2 odds are the same, so to apply the best casino strategy for maximizing profit, we have to go for the ones that are the closest.
That is why there are several systems devised around even bets (although in reality you will never get an actually even bet.)
The main differentiating factor is how you change your bet size, which is in essence what these systems are about.
Best Betting Systems To Win At Casino Games
True Odds versus Payout Odds
This concept must first be understood (or revisited, if you’ve read our other articles) before we dive into our betting systems and see how to win money at casinos.
True odds are basically the actual statistical probability that something might happen. For example, in a coin flip, it’s 50:50, and since it’s an equal chance of either heads or tails, a fair deal would be to win 1 euro for every euro you bet.
In short, you want payout odds that match the true odds.
Now imagine if there was a whole room full of people betting on coin flips. Some keep doubling their bets to try and recoup losing streaks, some might run away after losing, others may end up fighting. In short, there is no regulation.
Along comes one guy and says, ‘I will regulate all bets through me, and ensure that everyone gets paid correctly, and that all the games are fair. In return, I will take 1% of all winnings. The payout odds are now 100:99.’
Since 1% doesn’t seem like much, and everyone agrees because they want to play. That is the basic concept of a casino (the house) and the house edge (the 1%),
Although 1% is small, in the long run, (plus other measures) it essentially ensures the house never loses. This tiny advantage is the reason for the creation of theories, strategies and books being written, all to answer the question of how or can you beat the house.
So can you win money at the casino? The short answer is yes, but as we’ve said before, it requires a combination of strategy and the right mindset.
The best casino strategy to do this starts with this next principle.
Look for the coin flip bets
All the best betting systems revolve around 2 principles: 1) looking for coin flip bets, meaning, bets where the payout odds are closest to the true odds, usually as close to 1:1 as you can get (seeing as the casinos will almost never offer you true 1:1 payout odds).
Then, the second principle is 2) how can you change your bet size to get an advantage?
Continuing the scenario of a room full of coin flippers. In the long run, statistically, you would be losing 1% to the casino since the true odds of the coin flip is 50:50.
That is only so IF your bet size is constantly the same.
The smart players know this and have devised systems to win in the long term, even despite the 1% house edge. These systems are almost always devised around changing their bet size.
These systems are (in theory) so powerful that casinos have had to adapt by adding things like betting caps to ensure that they still maintain their house edge.
However, there is still strong potential for profitability from using these systems. The first step is to look for the coin flip bets, or rather, the bets that are closest to 50:50 in terms of true odds and payout odds, or the bets with the lowest difference between true odds and payout odds.
So, let’s look at some of these systems and see how they can help you win at casino games.
Flat Betting
The first method actually goes against our principle of changing bet sizes. As it sounds, just bet the same amount every time and use good old’ common sense to make money.
In baccarat, if the player has won 6 times, change to the banker and stick it through for a small win streak.
In blackjack? Apply our strategies and hit/stand when you’re supposed to.
Use flat betting to hit a good streak, and leave. Apply bankroll control and other limits to make sure you do not lose too much in one session, or at all in the long run.
We recommend this best for Blackjack.
Martingale System
Assuming that you can’t lose forever (unless you do it on purpose), the Martingale system acts on the premise of controlling your bet amounts to never lose (overall).
So, if you always just double down on your bet every time you lose, you will recover everything you’ve lost when you eventually win, and hence, you will theoretically never lose IF there are no bet caps and you have infinite bankroll.
As we’ve also warned before, betting caps and the lack of infinite bankroll means if you apply the Martingale system long enough, you will lose.
An Example
Let’s say you’re playing with 5 euro bets. You lose the bet and now you’re -5 euros. So, you double your bet to 10 euros. You lose again and now you’re -15 euros.
What do you do? You guessed it: double again!
Now you’re betting 20 euros. You lose. You’re -35 euros now. Double it again and bet 40 euros. You lose again, now 4 times in a row, and you’re -75 euros.
Double it up! You’re betting 80 euros now. You lose, 5 times in a row now and you’re -155 euros. Double. It. Again. 160 euros on a single hand.
You lose! 6 times in a row now. -315 euros in the hole now. Let’s double it again. 320 euros on a single hand. Yeap. Lost again. 7 times in a row. How much worse can it get? You’re -635 euros now.
You double it again. 640 euros on a single hand. But 8th time’s the charm! You win the hand. You win 640 euros, which brings your total to +5 euros.
So, you can see how the martingale blackjack system works, and why casinos would guard against it.
If you had no limit on your bankroll and there were no betting caps on the tables, the Martingale system would work. And if you’re thinking ‘how many times can i lose in a row?’ Know that losing streaks of over 10 are rare but not outlandish.
1-3-2-6 Betting System
This betting system aims at maximizing profits from winning streaks while minimizing losses. According to the system, you adjust your bet size depending on whether you win or lose your bet.
The 1,3,2, and 6 refers to the size of the bet, with added multipliers. We will call them units, with 1 unit being what you’ve decided for your standard bet. So, for example, if you’re playing 10 euros a hand, 1 unit = 10 euros.
Here’s a breakdown of how it would play out:
- Start with 1 Unit:
- The first bet is 1 unit. This is your base bet, and if you lose this bet, your loss is minimal—just 1 unit.
- If you win, you move on to the next stage.
- Increase to 3 Units:
- After winning the first bet, you increase your bet to 3 units.
- If you lose this bet, your total loss is only 2 units (the 3 units bet minus the 1 unit won in the first round).
- If you win, you’ve now secured a profit of 4 units (1 unit from the first bet and 3 units from this bet), and you proceed to the next stage.
- Decrease to 2 Units:
- In this stage, you reduce your bet to 2 units.
- If you lose this bet, you still have a net gain of 2 units (4 units from the first two stages minus 2 units lost here).
- If you win, your total profit is now 6 units (4 units from the first two stages plus 2 units from this stage), and you move on to the final stage.
- Increase to 6 Units:
- The final bet in the sequence is 6 units.
- If you win this bet, your total profit is 12 units (6 units from this bet plus the 6 units from the previous stages).
- If you lose, your total profit from the sequence is still 0, meaning you break even.
The Protective Aspect
This betting system protects your bankroll by ensuring that you only bet large amounts after securing initial wins, which means:
- Minimized Losses: If you lose at any stage, your overall loss is limited because you’ve only progressed to the next stage after a win, plus you’ve bet with money that you’ve won.
- Locking in Profits: By reducing the bet to 2 units after winning 4 units, you secure some profits, protecting you against losing everything from a single bad bet.
- Breaking Even: If you make it to the final stage and lose, you break even. You don’t profit, but you also don’t lose money from the sequence.
Advantages and Disadvantages
Advantages:
- Profit Maximization: The system is designed to take advantage of winning streaks, maximizing profits during these periods.
- Limited Risk: Losses are minimized by only increasing bets after winning.
- Easy to Use: The system is straightforward and easy to remember.
Disadvantages:
- Reliance on Winning Streaks: The system only works well if you encounter a winning streak. Without it, you may not progress through the sequence.
- Fixed Profit Cap: The maximum profit per sequence is capped (12 units in a full cycle), which might be limiting for some players.
- No Impact on House Edge: Like all betting systems, the 1-3-2-6 system doesn’t change the underlying house edge of the game.
Fibonacci System
The Fibonacci Betting Strategy applies the same principle of increasing your bet when you lose, however, not at the rate of doubling. Instead, your bet sizing when losing should follow the Fibonacci number sequence: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, …
However, when you win, instead of going back to your original base bet like in the Martingale system, simply reduce your bet size by going 2 numbers back in the system.
Fibonacci Betting System Example:
Bet 1 euro.
1, 1, 2, 3, 5, 8, 13, 21, 34
If you lose, bet 1 euro again.
1, 1, 2, 3, 5, 8, 13, 21, 34
If you lose, bet 2 euros.
1, 1, 2, 3, 5, 8, 13, 21, 34
If you lose again, bet 3 euros.
1, 1, 2, 3, 5, 8, 13, 21, 34
If you lose again, bet 5 euros.
1, 1, 2, 3, 5, 8, 13, 21, 34
If and when you win, go back 2 numbers to a 2 euro bet.
1, 1, 2, 3, 5, 8, 13, 21, 34
If you’re betting at a base of more than 1 euro, simply apply the Fibonacci numbers as multipliers rather than actual bet amounts.
The REVERSE Martingale Betting Strategy/Paroli System
The kryptonite of the Martingale System is a losing streak long enough to either empty your bankroll or hit the betting cap.
So how about your winning streaks? The Reverse Martingale system recommends that you increase your bet whenever you win, so you can maximize your winning streaks.
It can be summed up in a single rule: Double after a win, then return to the starting amount after a loss.
Both systems are great for short runs, especially if you have a strong bankroll.
Conclusion
If these strategies are so sound, why do casinos still exist? Shouldn’t they all be broke?
If you’ve read through our guides, you’ll see that we constantly stress the long-term mentality, and things like betting discipline and bankroll control.
When hit with losses, players become humans and succumb to emotionally driven mistakes, and casinos (even the best online casinos and best betting sites) do everything they can to capitalize on this.
From shiny layouts to making betting easy, to adding betting options to letting you bet on everything you can imagine, casinos make money off your mistakes, and the biggest ones are emotionally driven.
The question has never been can you win money in online casinos, but rather, how to win at online casino games. We’ve told you how to avoid the logical, statistically driven mistakes, but the last part of the puzzle is avoiding the emotional ones, which we’ve also stressed a lot. It’s now in your hands (ha-ha)!
You have the tools, now it’s time to make your own luck!
Author
Says Quah
Boasting over 10 years of experience in the creative industry, Says’ true passion has always been seeking the balance between the thrill and danger of gambling…
Read more about Says here!