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The Truth About Betting Systems
By Ryan D. -
Every gambler knows someone who plays to a system. But serious blackjack and poker players don't use systems because they're overrated. Skill counts a great deal in both of these games and it tends to balance out the chance factor over any significant period. People who bet on the horses are always using systems, yet the house edge in horse racing is far greater than in the of roulette - and the edge is too great in roulette, too. The bookies rake in between 15 percent and 25 percent on the horses, which takes any advantage away from you. Even so, some knowledge of horses can help you at the track … but there is no information you can apply in roulette or craps. These are totally games of luck. None the less, gamblers do try to formulate betting systems to overcome the house edge in these games.
There are countless systems in use - doubling-up (also called the Martingale system), in which bets are increased progressively; doubling-up plus 1; raising, lowering and cancellation; and a myriad of subtle variations on these systems. A common factor they all share is this: they don't work. Eventually you'll lose because only one factor makes the difference in the long run, and that's the house advantage. Using a system just delays the inevitable.
The only winning strategy for craps or roulette is to get a lucky win and then make a hasty departure. If you hang around, that house edge is going to sneak up on you eventually. In the majority of systems you have to raise your first bet until you've recovered what you lost. Maybe this would work if we were betting on the toss of a coin. Suppose you wager $10 on heads but the toss comes out tails. You would merely need to bet "double or nothing" over and over again until heads did eventually win. We'll assume there's no top limit on the betting in this of heads or tails and you could bet a million dollars if necessary as you sought to break even. Casinos do impose betting limits, however. A drawn-out succession of reds would break you if you were playing
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