Some professional gamblers spend grueling hours trying to adhere to a number of betting strategies that work. Their every move is dictated by them as they believe that, in this way, they’ll be one step closer to winning money. However, some of them fail to realize that strategies need to turn the house edge into players’ favor if they want them to be successful. And quite frankly, this is impossible to achieve while enjoying many casino games.
Nevertheless, we’ll look into some of the systems gambling aficionados employ during their visit to either land-based or online casinos.
Sports Betting Strategies: Handicapping and Superfecta
Handicapping is perhaps one of the most famous betting systems. It is so versatile that you can use it in, for instance, baseball or NBA. Basically, this sports betting strategy can be applied in any competitive sports. This is because, more often than not, bettors perceive one team to be of superior quality than the opposing one. So, to counter this, sportsbooks have started using a handicap betting. This wager equalizes the chances of winning.
What’s more, it levels the playing field by striving to minimize all the perceived differences two teams might have. So, it uses a positive and negative goal handicap. In principle, the underdog receives the positive handicap whereas the experienced team is assigned with the negative. This is done in order to boost the odds of the former team. For instance, let’s say that the New England Patriots are up against the Tennessee Titans.
For obvious reasons, the former are given a negative goal handicap -4 points. In contrast, the latter receives the positive one, that is +4 points, in this sporting event. In this example, the Patriots need to prevail over the Titans by 5 points at least. And if the end result is 20–17 in favor of the Patriots, then the winners would be the Titans on the handicap market. Namely, according to this system, the game was won by the Titans — 20–21. It’s not difficult to see why some perceive it as the best football strategy out there.
The superfecta is a prominent betting system in horse racing. As per the rules, you’d actually need to guess the first four places correctly. Your picks need to be in the correct sequence. And here we thought that trifecta (choosing the first three finishers in the right order) is difficult! If you’re successful in this endeavor, then you’ll receive a large payoff.
Additionally, the payout depends on the wagered amount, and there are no limits. It is determined by the pari-mutuel system. Basically, you’re not wagering against a bookmaker — you’re going against all the other bettors who’ve decided to participate in the same event. All bets go into a pool and in the end, those who win share the money.
As we previously mentioned, the amount you can get is exorbitant. For instance, if you had wagered $1 during the 2009 Kentucky Derby, then you would have gone home with $276,503 — making it clear why this is a go-to horse racing betting strategy for winning money.
Blackjack and Roulette: The Martingale System
Most gambling enthusiasts are well aware of the Martingale system. But what most of them fail to see is that they don’t need to apply it only on even bets. Yes, this is a strategy that works best in roulette, but there’s no reason why you couldn’t employ it in other games, like blackjack.
In roulette, you can adopt it for the even money bets as they provide 50–50 chances. So, use it when you decide to place real money on the following sections: red/black, even/odd, or high/low. The main goal is to double your wager after a losing round. For instance, our imaginary player places $5 on even numbers, but contrary to their wishes, the ball lands on the odd pocket. If they want to return their money, the Martingale teaches them to double this bet. Thus, they chip in $10. If they were to win during the next round, then they would just return to the initial bet.
As we previously mentioned, one can apply this betting strategy in blackjack as well. However, in this casino game, the Martingale is for those who like living on the edge and whose bank account seems to be limitless. The main reason is that you can easily lose 8 hands in a row while playing this game. And let’s say that you’re sitting at a $5 table. By the 9th wager, you’d need to bet $1,280. Unless you’re a kind of player that adores high stakes, we’d suggest avoiding this in blackjack.
Baccarat and Craps: The D’Alembert Strategy
The D’Alembert found its way into baccarat and craps. Similarly to the above-mentioned system, this is the strategy that works when there are 50–50 chances. If you want to use it in baccarat, then it’s suitable for its Player/Banker wagers. According to this system, your next bet is always based on the outcome of the previous one. It’s less aggressive than the Martingale, and you’d face minimum loses.
So, before you start playing, you need to decide what your base unit would be. Bear in mind that, in case of losing, you’ll raise the next bet by this unit. Let’s say that you wager $5, and the first round doesn’t end well for you. You should then double your bet and decrease it by one unit following each win. The logic here is that the results would even themselves out after some time. In baccarat, your first bet should be 5% of your bankroll.
There’s no reason why you can’t use it as a craps betting strategy as well. Here, you might want to employ it while using the pass and don’t pass wagers. Just bear in mind that no one can promise that this will be effective.
Poker: Bet Sizing
You can go far in poker if you know when to raise and bet. In other words, if you’re wagering too little, then players who have a good hand might infer that you have bad cards. This will encourage them to attempt to beat your hand. In contrast, if you bet too much, then you might lose a substantial amount of money if your opponent has a better combination than you. So, you should find the middle ground and learn about the betting system many use to win money — bet sizing.
Let’s say that you’ve decided to play Texas Hold’em; you should decide how much you’ll wager during preflop and postflop:
- Preflop: During this stage, experts say that you should wager the amount 3 or 4 times higher than the big blind. If you don’t, then those with lower cards will enter the game cheaply, and you won’t make a preflop raise. The objective here is to decrease the number of players who’ll go into the flop. So, start with a 3 to 4 BB raise.
- Postflop: As for the postflop, there’s an agreement that you should bet anywhere from ½ to ¾ of the pot. Hence, you should always be aware of how much money is in the pot. Of course, one thing that determines whether you’ll wager ½ or ¾ of the pot is the hand in front of you. But some believe that this bet size might dissuade those who wish to call from doing so.