Archive for the ‘Betting systems’ Category

  • Reverse Labouchere

    Thursday, July 1st, 2010

    The Labouchere system can also be played as a positive progression betting system, this is known as playing the reverse Labouchere. In this version after a win, instead of deleting numbers from the line the player adds the previous bet amount to the end of the line. You continue building up your Labouchere line until [...]

  • Labouchère system

    Sunday, May 2nd, 2010

    The Labouchère system, also called the cancellation system or split martingale, is a gambling strategy used in roulette. The user of such a strategy decides before playing how much money they want to win, and writes down a list of positive numbers that sum to the predetermined amount. With each bet, the player stakes an [...]

  • Horse racing systems

    Tuesday, March 9th, 2010

    Horse racing betting systems are based on a number of criteria, some of which include analysis of the horses’ form. Often horse racing systems are based on financial systems such as hedging (betting on multiple outcomes in a race) and arbitrage (lay the horse a low price and back it at a high price). Other [...]

  • Independent events for betting strategies

    Tuesday, February 16th, 2010

    The following betting strategies apply to games which operate on independent events. For such games, the odds of a particular outcome are identical for every bet played. No such strategy can beat the house edge (if any) in the long run, and all of them trade off many small wins for a big loss or [...]

  • Betting strategy

    Wednesday, January 13th, 2010

    A betting strategy or betting system is a structured approach to gambling intended to counter the inherent bias held by the house in casino and card games and by bookmakers in horseracing and sports betting. A successful strategy should increase the odds of winning in order to produce long term profits from a pursuit which [...]