Casino Blog

France will begin issuing authorisation for online betting operators from the second half of 2009 after agreeing with the European Union to open up the market, Budget Minister Eric Woerth said on Friday.
The comments follow a meeting between Woerth and Internal Markets Commissioner Charlie McCreevy this week to discuss proposals that would avert court action against France by the EU over restrictions on online gambling.
Brussels has given France a final warning to change its gaming rules or be taken to the European Court of Justice. (more…)

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* Negative progression betting systems: You increase the bet when you lose. Require more capital and usually employed to force a winning outcome following a losing streak. (Nerve-wracking, very painful when you lose. Avoid these systems if you can.)

* Positive progression betting systems: You increase the bet when you win. Kind of ‘let-it-ride’. Require less capital and usually employed to take advantage of winning streaks. (No sweat, easy ride.)

* Insurance betting systems: You decrease the amount of your bet when you win, usually following a high initial bet or following short ‘let-it-ride’ progressive wins. (Play it safe. A good compromise.)

My favourite is the positive and yours?

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The 1-3-2-6 system is a positive progression system, similar to the Paroli System.

The name of this system says it all. It is similar to the Paroli system. Your initial bet is 1 unit, the second 3 units, the third 2 units and the fourth 6 units. Let’s assume that each unit is $10 and the odds are 1:1 – even money.

The first bet is $10. When winning, $10 is added to the $20 on the table making the second bet $30. When winning again on the second bet, there would be $60 on the table. Of this you take down $40 and the third bet is now $20. If the third bet wins, you will have $40 on the table to which you add $20 making a total of $60 for the fourth bet. (more…)

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It is a negative progression system, also called the ‘Cancellation System’.

There are many variations. In its simplest form, you write down a series or a set of numbers; say, 1 2 3 4 5 6. The series can be short or long and not necessarily sequential such as 1 1 1 3 3 5 7. The choice of a particular series depends on the type of game you want to apply it to and the odds of the bet.

Each number represents the amount in units or chips to bet. You bet the first and last of these numbers. In this example 1 and 6, which totals 7 units. (more…)

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The Parlay Betting System is a positive progression system, similar to the Paroli System.

It has the effect of ‘pyramiding’ your profit. Pyramiding is a parlay wager whereby the original wager plus its winnings are played on successive wagers.

It is commonly used in horse racing betting. Basically you make a bet and if you win you re-invest the winnings on the next bet. You ‘let it ride’.

This method of play is by no means risk free, but it offers the least amount of risk of all wagers since the player is only concerned with either a win, place or show selection or a combination of the three.

It is one of the oldest methods of wagering and was originally derived from the same premise that banking systems use to compound interest.

Hope to hear from you!

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Hello world!

One more casino betting system to explore.

The Paroli Betting System is a positive progression system, the opposite of the Martingale System.

This system is in a way the opposite of the Martingale system. You start with one bet and you increase your bet when you win rather than when you lose.

However, you will need to plan a betting procedure whereby you know how far you will let the bet build before you take it down to the initial starting bet and how much to raise after each win. This obviously depends on the type of game played and the odds of the bet.

The advantage of this system is that you do not require a large bankroll. It lets the profit run and cuts short the losses.

* Positive progression betting systems: You increase the bet when you win. Kind of ‘let-it-ride’. Require less capital and usually employed to take advantage of winning streaks. (No sweat, easy ride.)

I hope there will be a brave player to try it!

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This is a mixture of Martingale and Insurance systems. Bets are raised one unit after each losing bet and lowered one unit after each winning bet. The sequence and amount raised or lowered can be varied to suit particular games and odds.

* Negative progression betting systems: You increase the bet when you lose. Require more capital and usually employed to force a winning outcome following a losing streak. (Nerve-wracking, very painful when you lose. Avoid these systems if you can.)

* Insurance betting systems: You decrease the amount of your bet when you win, usually following a high initial bet or following short ‘let-it-ride’ progressive wins. (Play it safe. A good compromise.)

Tell me when you try it!

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There are many casino winning systems to examine. One of my friends checked all of them. Unfortunately, none of them have given him the results that they promised. If there was a system to beat the casinos on a consistent basis, someone would have figured it out by now, and the casinos would be out of business. He has developed a system to win more consistently at the casinos, based on his previous wins, and his most successful nights at the casino. Here is his most successful winning system. Follow it and I believe you will experience more wins in a shorter period of time.

1) Winning is a long term objective

If you try winning too much money in a short period of time, you’ll bet too much, and end up losing it all. Any winning strategy requires patience, smart betting, and a long term focus.

2) Don’t gamble too much

You’ll soon discover that if you gamble too much, and you don’t win, your money will quickly disappear within a few bets. (more…)

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Ok, let us see what is a hedge bet: Actually it is two offsetting bets made to win a small profit or to minimize the loss of a big bet. While hedge betting is not to the player’s advantage it can be used to grind out a small profit or be used to let you play longer on a small bankroll. The most popular use of hedge betting is at the craps table.

A player will put down a passline bet and then make a $1 bet on the any craps in case one of the craps numbers is thrown. In this case if the shooter throws 2 -3 or 12 the players loses his $5 passline bet but collects $7 for the any craps bet. If the shooter throws any other number the $1 any craps bet is lost. While this may sound like a good bet it actually is not and if you hedge every passline bet you will be an over all loser. The any craps bet has a house edge of 11.11%

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I’m sure, most players in the regular casinos and online casinos are looking for a kind of system to help them win. Many of them stumble upon or hear about a surefire system that involves doubling their bets after each loss. They think sooner or later they have to win. This name of this system is the Martingale system and it has been around for years. It has also been the ruin of many players. Here is how it works. You make a bet and if you lose you double your bet. If you lose again you double your bet. You keep doing this until you win and then go back to your original bet.

Try to imaging you are playing on a 5$ table. You start with $5 bet. If yu loose, your next bet will be $10. If you loose, your next bet will be $20 and so on. It would only take eight losses to exceed the table maximum bet. It doesn’t matter how many times you double up your bet. You will up you will only win five dollars if you eventually hit. This takes into account all your progressions up to that point. Even if you could exceed the $500 maximum bet, on the eighth bet you are risking $640 to win $5. You have already invested $635 for your previous seven bets. If you lose that one you are out $1,275. Can you imagine risking over a thousand dollars for a chance to win five dollars? The casinos know that if someone had unlimited resources they would eventually win. That is why the set maximum bets at the table. For example, $500 limit.

Some people who try the Martingale system have an initial success with it. They might win consistently for many sessions and swear the system is fool proof. Sooner or later reality will kick in and they will discover the flaw in the system.

But remeber: Anything can happen in a casino including losing several bets in a row. There are still many players however that are just hearing about the Martingale system and are convinced that they can’t lose with it. Here is an easy way to see for yourself.

No betting system will change the overall casino edge and the Martingale system can be disastrous when things go bad. Please don’t be one who is fooled by this system.

Your comments are welcome!

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