Betting strategies are common in all casino games as players try to look for reason amongst the chaos of chance. This isn’t always successful, and some of the strategies make no sense at all.
However, there are a few strategies that many experienced gamblers swear by, all of which are based on Outside Bets, as these are the closest to 50/50 bets as you can get.
The most popular betting strategy is also one of the simplest. The idea is that you double your bet size when you lose and keep on doing this until you win. For instance, if you bet $10 and lose, then you would bet $20.
If you lose again and again, going from $40 to $80 and $160, then you would keep increasing it until you win. If you hit a win at $160, that win would be enough to cover all of your previous losses, at which point you would return to $10 and start the process again.
The good thing about this strategy is that you’ll get your money back eventually if you win, and if you stick with Outside Bets, as the strategy dictates, that will happen. However, it’s far from perfect.
What happens if you keep losing and then run into a betting limit? The game hits a cap, prevents you from going any further, and as a result, the strategy won’t work. In fact, many proponents of this strategy believe that Roulette betting caps were introduced just to prevent people from using this strategy.
The Paroli system is also known as the Reverse Martingale, which pretty much tells you all you need to know. Instead of doubling your bet every time you lose, this system requires you to double your bet when you win, thus taking advantage of winning streaks and not trying to recoup money after losing streaks.
This system has many of the same risks and issues, but it isn’t as restricted by Roulette betting caps, especially if you’re a small or medium stake player. In this instance, it’s highly unlikely that you will have a winning streak large enough to hit the betting cap and even if you do, the profit you will have accumulated will be more than enough for you to reset your stake.
The D’Alembert strategy is also similar to the Martingale strategy in that it increases your bets after every loss. However, unlike the aforementioned strategy, the increases are much smaller, thus decreasing the risk.
For example, while a loss of $1 in the Martingale strategy might initiate a bet of $2 and then $4, in the D’Alembert strategy it will elicit a bet of $2 and then $3. What’s more, once you secure a win, it requires that you reduce your stake by the same amount.
For example, if you increase by $1 and lose the first few bets, before winning the next few, your stakes might look like this:
- $1 = Loss
- $2 = Loss
- $3 = Loss
- $4 = Win
- $3 = Win
- $2 = Win
Another loss would send the stake back up to $3, another win would drop it down to its original amount. This system is not as susceptible to Roulette bet limits and it’s also more accessible for inexperienced and small stake players.
