Betting Systems – Truth or Myth?
Are Successful Betting Systems Fact Or Just Fiction?
Betting systems are strategies designed to give you an advantage by varying your bet types and or bet sizes when playing the casino game of your choice. They have always been popular and, with the Internet to help get the word out, they have never been easier to learn about. The only question that remains is, “Do betting systems actually work?” Sadly, the answer is no – and here’s why.
At the core of any betting system is the idea that you can predict the future based on the past. Then, based on the predictions, you can change the type of bet you are making, or the size of your bets. For example, if the roulette wheel spins a given number two times in a row, these systems would either tell you that this particular number is more likely to win in general or, that it would be very unlikely for it to be spun for a third consecutive time.
The Gambler’s Fallacy
The only problem is that both of these predictions are based on the Gambler’s Fallacy. The truth is that each spin of the wheel or roll of the dice is an independent event that cannot be predicted! The house’s edge cannot be reduced by varying your bets. You are playing by their rules and every wager you make, no matter how big or small, will always be subject to their statistical advantage. If there was some simple system that could actually turn the tables, then everyone would be using it and casinos would go out of business in the blink of an eye.
The only thing that should entice you to take advantage of betting systems is entertainment. If you think you will have more fun playing with a set system, win or lose, then they may actually be useful. Knowing that they cannot possibly improve your chances, however, a prudent casino player should never actually spend money to buy any kind of betting system. The Internet is already littered with countless options and any money spent on a system will just (ironically) put you further away from your goal of actually coming out ahead in the long run.