 Craps
Betting Systems
1-3-2-6
Similar
to the Paroli system, 1-3-2-6 is based on the premise that you can
win four times in a row.
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.
If the fourth bet wins, there would be a total of $120, of which
$100 is net profit. Now all the bet with the profit is taken down
and you start the system all over again at $10.
If you lose the first bet, your loss is $10. The second level loss
is $20. At the third level, a loss will give you a net profit of
$20. At the fourth level, a loss leaves you breaking even. Each
time you lose, you start all over again at $10.
The
attraction of this system is that you risk $20 at a chance of making
$100 net profit. This means you can lose five times, and with one
win get your money back.
D'Alenbert
A
hybrid of Martingale and Insurance betting 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.
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Fibonacci
Progression
A
Fibonacci progression steps as follows: 0, 1, 1, 2, 3, 5, 8, 13,
21, 34, 55, etc. - where each number is a sum of the previous two
numbers. The basic idea is to get two wins in a row.
For each loss, step up one in the progression. For each win, repeat
the current bet. If you win again, start the progression over. If
you lose, advance one step.
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Labouchere
The
Labouchere system is also known as the 'Cancellation' system. There
are several variations, but in its simplest form, you write down
a series or a set of numbers, such as 1, 2, 3, 4, 5, 6. The series
can be any length and does not have to be sequential. 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 the example above, that would
be 1 and 6, totaling 7 units.
When
you win, cross off those two numbers and bet the next two outside
numbers. In the case of our example, 2 and 5. If you win again you
bet on the next two remaining numbers 3 and 4, and if you win that
too, you would have made a 'coup' or completed one game. Then restart
the system.
If
you lose, add that one number to the end of the series. Say you
lost your first bet of 7 units (1+6). Then you add number 7 to the
end of the series to look like this: 1, 2, 3, 4, 5, 6, 7 and your
next bet would equal 8 units (1+7). If you won the first bet but
lost the second 2 and 5, then the series of numbers would look like
this: 2, 3, 4, 5, 7.
If
you work it out, you will see that when the series is completed
or when you make a 'coup', there is always a profit. The negative
side of this system is that you could end up betting large sums
of money even if your initial bet is small.
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Martingale
The
Martingale betting system is a very old and extremely simple system.
It is based on the probability that one won't lose an infinite number
of times in a row and is usually applied to even money bets.
Start
with a one unit bet. If you win, bet the same amount again. If you
lose, double your bet. Each time you lose, double your last lost
bet. Eventually, the odds say you will win. When you win you would
recover all your lost bets plus one unit profit against your initial
wager.
Although
infallible in theory, the Martingale system requires a large bankroll,
has a very low return and is a very risky one because of the maximum
bet limits imposed by the casinos.
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Parlay
This
Parlay is similar to the Paroli system and os designed to, in effect,
pyramid your profits. Pyramiding is a parlay wager whereby the original
wager plus its winnings are played on successive wagers. Commonly
used in horse racing betting, you make a bet and if you win you
re-invest the winnings on the next bet or Let It Ride as it were.
It
is one of the oldest methods of wagering and was originally derived
from the same premise that banking systems use to compound interest.
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Paroli
The
Paroli system is somewhat 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 must 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 it does not require a large bankroll.
It lets the profit ride and cuts short the losses.
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Pass/Don't
Pass Progression
Start
with 26 units. Bet one unit on either Pass Line or Don't Pass Line.
If this bet is won, parlay it and wager both bet and win, or two
units. This is the heart of the system: one MUST back bet or parlay
the win.
If
you win a second time, you will be ahead 3 units.
Now
start again. The betting progression is as follows: 1, 1, 1, 2,
2, 3, 4, 5, 7 for 26 total units.
Sample play:
Bet
A (1 unit): Lost
Bet B (1unit): Lost
Bet C (1 unit): Lost
Bet D (2 units): Won
Bet E parlay (2 units plus 2 units just won): Won
You're
now ahead by two units (28 units total). Start over again with a
one unit bet. You have a total of nine consecutive chances before
you limit your losses.
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