Online Casinos USA

Blackjack Betting Strategies.

Blackjack has always been a casino favorite among many in online casinos as well as land based casinos. Players along the way have long debated whether the game is a game of skill or a game of pure luck, some feel the game can be beaten however, it stands firm that in Blackjack the house will always have the edge. Several different betting strategies have been invented to try and give the player an upper hand and walk away from the casino with some extra cash.

The Martingale Betting System
The Martingale Betting System has traces as far back as 18th century France and is known as one of the simplest betting strategies. The Martingale Betting System is the most popular form of betting systems not only for Blackjack but for Roulette and other popular casino games. This betting system will work for some players making them rich, and leaving others poor. Many argue that this strategy only works if the player hits a winning streak of course as you could imagine, just as easy as it is to hit a winning streak, it’s just that easy to hit a losing streak. The system works like this; The player will make their first bet at the table’s minimum amount, if they lose, they will then double their bet, if they lose again the bet is doubled again this continues until the player wins, once the player wins they start back at the bottom with the table minimum and work their way up!

For example:
You bet $5 and you lose.
Your next bet is $10. If you lose:
Your next bet is $20. If you lose:
Your next bet is $40. If you lose:
Your next bet is $80. If you lose:
Your next bet is $160. If you lose:
Your next bet is $320. If you lose:
Your next bet is $640, which exceeds the maximum bet for the table.

Here is where the system does not work. Players could potentially hit a losing streak where they will continuously lose money, once they hit the table maximum which could be somewhere in the $500.00 range, they would be out all of that money. One of the major downsides to using the method is the fact that the player will need a large bank roll in order to continuously double bets.

The Paroli Betting Strategy

The Paroli Betting Strategy works on a positive progressive betting system which is the complete opposite of the Martingale Strategy which is a negative progression system. In this system the player will double their bets each time they win vs. each time they lose. With this betting system, the advantage is that the player does not need to have a large bank roll compared to other betting systems.

The Parlay Betting Strategy

The Parlay Betting System is also known as the Let It Ride Blackjack betting system is also a positive progression betting strategy very similar to the Paroli betting system. This betting system is also one of the oldest and has been said to have assisted banks in the way they compound interest. The system plays off of pyramiding the player’s profit which means the wager the original bet plus the original winnings and this is what makes the future bets. To start using this system players will make a bet of any size, when the player wins this bet, they will use the original bet + profit to make the next bet.