If you want to survive in the game of sports betting, Game Betting Sites in Pretoria then you have to use effective money management. I recommend that you follow these guidelines at all times.
- Only invest what you can realistically afford to lose. Best Football Betting Websites you have to remember that you really do not need to start with al a lot of money. I got started with only $100 dollars and I followed the system and my money has doubled over and over again over the course of years.
- Do not make your initial bet too high. Only invest 5% of your total bankroll for a flat betting system (in which you bet the same amount each time) and no more than 2% for a progressive system. You need to be patient here and allow your systems to do their slow and steady work.
- Increase your initial bets when your bankroll has increased by 25%. This will increase your earning power, Game Betting Sites just remember to stick to the suggested percentages in #2.
- Remember to Diversify your portfolio. If you have a total bankroll of $1000 and 4 systems that you would like to use, then each system should be allotted $250 and you have to keep those amounts separate.
You have to be disciplined in your use of your systems and in your money management strategy. It can be difficult especially you are doing exceptionally well or if you are losing badly. You may be tempted to deviate from the systems or the money management guidelines in either of those situations. But do not, Best Online Betting Offers just remain diligent and the rewards are sure to follow.
Game Betting Sites in Pretoria?
In this article, we'll explain 6 popular betting systems that you can experiment with in your online casino gaming experience. Truth be told, these timeless, tried and true betting systems originated in the world of offline betting, but they apply equally as well to online casino gambling, no matter what the game, no matter what the betting structure.
Before You Begin: For most of these systems, you will need to decide what your betting unit will be ahead of time (such as the minimum allowable bet at the game and online casino in question).
1-3-2-6 Betting System
This is what's called a Positive Progression system, meaning that as you win, your bets increase. The foundation of this online casino betting system is the premise that a player can win any game a maximum of 4 times in a row before theyll probably lose. Here's how the system works: - Bet 1 unit each betting round until you win a round;
- After you win a round, bet 3 units on the next (second) round;
- If you win a second round in a row, bet 2 units on the next (third) round;
- If you win a third round in a row, bet 6 units on the next (fourth) round;
- Then, no matter what happens (win or lose) return to the beginning of the pattern, betting 1 unit per round until you win one, etc. The risk-reward scenario with the 1-2-3-6 betting system is simple. You can win as much as 6 times your original bet after 4 rounds of play while only putting 2 units of your own at risk. The worst case scenario with the 1-2-3-6 betting system is that you lose 6 consecutive times in the second round. No matter, though. You can make it all up by winning 4 times in a row. The Martingale System
This is a Negative Progression system, meaning that as you lose, your bets increase. The foundation of this online casino betting system is the premise that a player cannot possibly lose an infinite number of times without ever winning a single round. Therefore, what the Martingale system is designed to help you do is offset all of your accumulated losses with a single win. Whether you consider it cynical, realistic, or both, this system works best in cases when the online casino game is paying out a 1 to 1 payout ratio on each bet. Heres how it works: - First, place whatever bet youve decided to start with;
- If you win, bet the same amount again, but if you lose, bet double the amount;
- If you lose again, you double your bet again. The downside to the Martingale system is that you need a large bankroll to start out with as well as the resolve to keep increasing your bets as your losses compound. Not just anyone can pull this online casino betting system off. In the rarest of cases, you may, after enough losses, reach the online casinos betting maximum and then not be able to raise your bet further or offset your losses with one win. The DAlenbert System
This is another Negative Progression system. Its also considered an Insurance System in that, as you win, the size of your bets increase. Heres how it works: - Each time you lose, you raise your bets by one unit;
- Each time you win, you lower your bets by one unit; This system also requires a large enough online casino bankroll to pull it off. By adding the insurance system to the negative progression system, youre hedging your increasing losses by pulling some profits off the table each time you win. The Labouchere Betting System (a.k.a. The Cancellation System)
This system, another Negative Progression, is somewhat more complicated than those listed so far. Depending on the odds in whatever online casino game youre playing, youll come up with some sequence of numbers -- of any length you wish -- and not necessarily sequential. Each number in your sequence is a multiple of your predetermined betting unit (7 therefore is 7 times your betting unit; 5 is 5x, etc.) Heres how it works: - Your first bet should be the sum of the first and last numbers in your sequence;
- If you win, cross out those two numbers you just added together (the two outermost in your sequence) and bet the sum of the next two;
- If you win again, cross out those two outermost numbers and repeat the process
- If you continue winning until you have no more numbers in the sequence to add together, you simply start from the beginning with the entire, original sequence. However:
- If you lose, you add to the end of the sequence, the sum that you had just used, thus creating a new sequence;
- Crossing out no numbers at all (because you didnt win yet), add the first number in the sequence to the new last number that number and use that new sum as your multiple; The supposed benefit of this complicated betting method is that anytime you have to start over with the original sequence, you come out with a profit. The drawback is that you can accumulate enormous losses before you ever win (if you ever win). Your success at the Labouchere system really depends on selecting the right sequence. The Paroli System (a.k.a. The Anti-Martingale System)
This is another Positive Progression system. More than simply selecting a unit of betting, with the Paroli system you also need to determine two other criteria before you begin: 1. A cap: The uppermost amount at which you will stop increasing your wager and return to your starting unit; 2. A multiple: How much youll increase your bet every time you win (1 unit, 2 units, 3 units, etc.) You should base these factors on the odds of the online casino game you happen to be playing. The appeal of the Paroli System is that you can play at the online casino for a while with a small bankroll. You cut your losses and let your profits ride. The Parlay System
This is another Positive Progression system. Similar to the Paroli System, the effect of the Parlay system is to pyramid your profits, meaning that every time you win you wager both your winnings and the amount of your initial bet as your next bet. The reward of the Parlay system can be huge. The risk is that you can lose it all in a single bad online casino beat.
Betting on Horse Racing: From Traditional to Technological
This is the third instalment in a series of articles on profitable betting through sensible money management. So far, I have discussed the importance of getting value when you bet, to maximise the returns you achieve when your selections win. In the most recent article you should have learned to keep your stakes in proportion to the size of your betting bank. Today I want to examine a common mistake that often gets punters into serious trouble chasing your losses. I dont think there can be many of us who have not at some time, decided to get back what we just lost by betting a little bigger on the next race. It is sometimes known as progressive staking. Lets take a simple scenario: you bet £10 on Red Rum, and he loses. What do you do? Perhaps you continue with your selection methods and come up with another pick in the next race Best Mate. The price is 6/4F But, rather than putting another £10 bet on Best Mate, you decide to chase your loss from the last race. You add another £7 to your stake so that when Best Mate wins you will pick up an extra £10.50 to recover the bet you lost on Red Rum. Good plan? Could be, after all Best Mate is a sure fire winner, right? May be. May be not! What happens if Best Mate loses? You are now £27 in the hole. But you still have a plan. Your next selection is a dead cert winner at Even money. You place your usual £10 stake plus an extra £27 to cover your losses so far. No need to worry. When this one comes in, you will have re-couped your losses and have a £10 profit to show as well. Lets take a step back here. You are staking £37 to win a £10 profit. Think about it you are effectively getting odds of only around 1 to 4 odds-on about a horse that is Even money in the market. That is terrible value! You may escape this time and your horse may well win. But what if, heaven forbid, your red-hot even money favourite fails to win? After just three bets, you are down to the tune of £64 when your normal stake is just a tenner! Long losing runs do occur, more frequently than you might think, and even with short-priced selections. If you spent a day in a casino at the roulette tables, and analysed how many times you witnessed a run of 7 or 8 consecutive red numbers, I would not be at all surprised if you saw this happen four or five times in a single day. Here we have pretty much a 50/50 bet, even money, that the roulette ball will land in either a red or a black slot. Yet I was amazed to learn that the longest run of the same colour (reported) was THIRTY-NINE consecutive reds!! Imagine if you were betting on black, and saying to yourself each time no worries, its got to be black next time . Surely? But lets go back to the more common occurrence of a losing run of 7 even money bets. We will be betting on the red. We place a £1 bet on the first spin. Its black. We chase our loss by doubling up and next bet £2. If we were to carry on in this manner, after 6 spins we would be betting £64 to win our original £1 I sincerely hope my point is getting across. By chasing your losses you can very quickly see your stakes climbing to preposterous levels, to win your original, relatively small stake. The risk is way out of proportion compared to the potential reward. One last example to really ram the point home. The Racing Post runs a tipster competition. All the leading racing journalists are involved, representing the nations newspapers and horse racing publications. These are experts at tipping horses. Take a look at the results table any day, and see for yourself the longest losing run. Remember, these are the experts. I looked today, and Racing Post PostData has suffered this season a losing run of twenty-seven. Twenty-seven consecutive losers from an expert tipster! And believe me, he is not on his own, just the worst offender this season so far. There is an old saying Dont throw good money after bad. If your selections dont make a profit from simple level stakes betting, dont try and make them profitable by throwing more money at them. You may survive with a profit for a while, but this approach is a disaster waiting to happen. Sooner or later you WILL blow your entire bank chasing a disproportionately small profit. If your selections dont make a profit from simple level stakes betting, change your system.