Bet strategies are the formulas you can use to maximise your wins and minimise your losses on your favourite casino games. Some strategies encourage players to bet more when they win while others encourage players to bet less when they are losing. 

In this article, we will talk about five popular betting strategies and choose the best one.

Five Popular Betting Strategies

Bet it all

In this strategy, players choose to go “big or go home”. You must bet your entire balance on every bet you place. 

If you win, you win big while if you lose, you lose everything. 

Martingale system

The Martingale system is where players double their bet after each loss. The goal of this bet is for the first win to recover all your previous losses and a profit equal to your initial bet. 

It works well for an unlimited bankroll. However, no player has an unlimited bankroll which means you eventually get bankrupted.

On the other hand, all casinos or sportsbooks have betting limits which most players will eventually reach before making any wins. 

Fixed amount betting

Players using fixed-amount betting must place a fixed amount on each bet. The benefit of this strategy is that players do not lose their entire balance quickly.

However, while your losses are slow, you lose eventually. 

Proportional betting

Proportional betting is where a player places bets on a specific percentage of their bankroll. After each win, the player increases their bet by that specific percentage.

The benefit of this system is winnings increase faster than in the fixed amount strategy while losses slow down as well. 

Fibonacci betting

Fibonacci betting follows the Fibonacci sequence of numbers. The sequence is 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144,…

Using this betting strategy means the first two numbers will be either 1 and 1 or 0 and 1 depending on where you choose to start in the sequence. The subsequent number is the total of the previous two. 

While it has similar setbacks as the Martingale system, the rate at which losses and wins increase reduces. 

Verdict 

The most profitable bet among the five is the proportional betting system. This is because it has a natural mathematical advantage over the other methods. Additionally, it is easy to use and simple to calculate. 

This means players who want to make the best of their bankroll while betting online should consider the proportional betting system.