Betting strategies – Bet Stacking
With bet stacking, you are making a lot of small bets instead of putting all your eggs in one basket. While it might be temping to put your entire bankroll on that one “super mega sure” bet and hope to quickly reap a huge reward, this is not a suitable method for punters that aim to be long-term profitable over time. When you make one or a few large bets, you open yourself up to huge swings.
A popular method among bet stackers is to bet a predetermined fraction of the bankroll in proportion to the player’s edge. Another popular methods is to use progressive betting systems such as Fibonacci and Martingale . These systems both allow the player to earn money quickly but also increase the risk of heavy losses. Punters who use a progressive betting system lose big when the luck isn’t on their side.
We do not recommend using progressive betting systems. They might look good on paper but will sooner or later become very expensive to use. Sooner or later you will hit a loosing streak that is long enough to break your bankroll. In our simulation we have found that a player who places 500 consequential bets using a progressive method will loose his entire bankroll more than 90% of the times. ( Based on 20 simulations)
Progressive betting can be tempting since it allows for quicker gains but it will not work in the long run. A serious gambler should look for more stable gains. These stable gains can be achieved by using fixed betting. Fixed bets will however not give you the same results as proportional betting which often gives the best result over time provided that you calculated the players edge correctly. The proportional betting strategy only works when you bet on event where the odds are in your favor. We recommend never to bet on events where the odds are not in your favor.
You might find better luck with another betting strategy based on your particular style of choosing events to bet on. We recommend that you run your own split bankroll tests to see which strategy works best for you.
All or Nothing
You bet your entire bankroll on every single event. This allows you to earn money quickly but it only takes one loss to lose it all. We do no recommend this strategy.
You bet a small fraction of your bankroll each bet and you always bet the same amount every time. This strategy can work very well and dramatically reduces the risk of losing your entire bankroll. We recommend this method to all punters who find it hard to correctly calculate the players edge.
When you use this betting strategy you base the size of your bet based on the players edge. There are many different versions of this system and you yourself will have to decide by which factor the players edge is going to affect your bet. Device a model for progressive betting and stick to it. Test new models with small wagers before you adopt them on your main bankroll.
The Martingale betting system
With the martingale betting system, you double your wager after each loss. The martingale betting system is usually utilized for betting situations where you get paid 1:1, such as betting on red on the roulette table. The idea is that when you win, the win will be large enough to cover your earlier losses. The system is risky though, because even a few losing bets in a row will bring your wagers up to large amounts. Your bankroll might very well disappear before you get that saving win.
Let’s say your first bet is €10 and you go on long losing streak from the start. Your betting will then look like this: €10 – €20 – €40 – €80 – €160 – €320 – €640 – €1280 – €2560 – €5120 – €10,240 – €20,480 – €40,960.
The Fibonacci betting system
The fibonacci betting system is based on the finbonacci number sequence.
This is a list of the first twenty numbers in this sequence, starting at zero.
The next number in this sequence is always the sum of the two previous numbers (except at the very beginning, where you go from 0 to 1).
The fibonacci number sequence can be observed in many biological settings, such as the fruit sprouts of a pineapple, the flowering of an artichoke and the arrangement of a pine cone’s bracts.
With the fibonacci betting system, you increase the bet after each loss, but you don’t double it as with martingale. Instead, you multiply the base unit with the next number in the fibonacci number sequence. Therefore, your next bet after a losing bet will the equal to the sum of your two previous bets.
Let’s say your base unit is €10 and you go on long losing streak from the start. Your betting will then look like this: €10 – €10 – €20 – €30 – €50 – €80 – €130 – €210 – €340 – €550 – €890 – €1440 – €2330.
>As you can see, the increase is not as sharp is with martingale, but the bets still get big pretty quickly when you’re on a losing streak.