Betting Strategy A: Bet It All
This system involves you betting your entire balance on every bet. The advantage is that if you win, you win big. Conversely, if you lose, you lose it all.
Betting Strategy B: Martingale System
The Martingale system has you double your bet after every loss, so that the first win would recover all previous losses plus a profit equal to the original bet. For example, say you started with a $100 bet and lose. You would then double your bet and continue doubling each bet until you finally win ($100, $200, and so on.). By the time you reach your fifth bet, you’d be risking $1,600. The Martingale betting strategy is seen as a sure thing by some since a gambler with an unlimited bankroll will eventually win.
The exponential growth of the bets in order to cover losses will eventually bankrupt all gamblers who use this system since no one has an unlimited bankroll. Also, every casino or sportsbook has a betting limit on the amount they will accept that will almost certainly be reached before the gambler wins.
Betting Strategy C: Fixed Amount Betting
This system requires you to bet a fixed amount on each bet. In our case, it is $100. With a 55% probability of winning, this method means you won’t lose your entire balance quickly but it also means your chance of losing will be slow but certain.
Betting Strategy D: Proportional Betting
Proportional betting systems require betting a portion of your bankroll and then increasing your bets by that same percentage after each win.
For example, if you had a $1000 bankroll and bet 10%, you’d bet $100 the first time. If you won, you’d add your winnings and find 10% of your new total for the next wager. For instance, if you won $200 you would add this to the $1,000. You then calculate 10% of $1200, which is $120.
This means winnings increase quicker than in the fixed-wager system, and losses slow down.
Betting Strategy E: Fibonacci Sequence
Using this methodology, you’ll increase your bets in a Fibonacci sequence. The Fibonacci sequence are numbers in the following sequence:
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144,…
By definition, the first two numbers in the Fibonacci sequence are either 1 and 1, or 0 and 1, depending on the chosen starting point of the sequence, and each subsequent number is the sum of the previous two.
As an example, lets say your first bet is $100 or 1 unit. You lose. You then place your second bet, also $100 or 1 unit. You lose again. Place your third bet, $200 or 2 units. Now you win. So you move down 1 unit to $100 or 1 unit.
This method has similar drawbacks to the Martingale system, but it reduces how quickly the bet increases if you’re on a losing streak,as well as reducing the rate at which you win.
Which Is the Most Profitable Betting Method?
And the winner is…
Strategy D: Proportional Betting – $19,275
Strategy C: Fixed Amount Betting – $6,600
Strategy E: Fibonacci Sequence – $0 (busted on bet 81)
Strategy B: Martingale System – $0 (busted on bet 81)
Strategy A: Bet it All – $0 (busted on bet 2)