A betting strategy involving adjusting bet sizes based on past results. The concept involves adjusting the size of your wagers depending on whether you win or lose in an attempt to maximise profits during winning streaks and minimise losses during losing streaks. There are two main types of progression betting strategies: Positive and negative progression.
With Positive Progression, players increase their bet size after a win, aiming to capitalise on winning streaks. The idea is to maximise profits when the player is on a roll. One common example of positive progression is the Paroli system, where a player might double their bet after each win, resetting to the original bet size after a predetermined number of consecutive wins or after a loss.
Negative Progression involves increasing the bet size after a loss. The reasoning is to recover previous losses with a single subsequent win. A well-known example of negative progression is the Martingale system, where a player doubles their bet after every loss, hoping that an eventual win will cover all previous losses and produce a profit equal to the original bet. While this method can be effective in the short term, it carries significant risk, as a prolonged losing streak can lead to substantial financial loss or hit table limits, preventing further doubling of bets.
Both types of progression betting strategies come with risks and assumptions about streaks and bankroll capacity. It’s critical for players to understand that no betting system can overcome the inherent house edge in casino games. While progression strategies can help manage play, they do not alter the fundamental probabilities of the games.
