A Guide to Progressive Online Betting Systems
A Guide to Progressive Online Betting Systems
Betting is becoming one of the best means of making quick money. While it can either go in favor or against an individual, the involvement of progressive online betting systems keeps them engaged in online betting for hours.
Behind the popularity of progressive online betting systems, there’re two important factors. First, they are simple to operate. Plus, such betting systems allow bettors to explore a wide range of possibilities. That said, it is imperative to understand how it works to extract the maximum benefit from its involvement in Online Betting. This post will outline the important aspects of progressive online betting systems and their functionalities.
Online Betting Systems: The Fundamental Theory Behind It
Contrary to popular perception, figuring out how online betting systems work is no rocket science. It is all about managing the stakes based on the outcomes in the previous bets. The manner of doing it depends on the results of those bets.
When you consider the overall progression of your bets in the previous rounds, there can be two possibilities: it may be either a positive progression or a negative one. However, the interesting fact is that both the progressions share an inversely proportional relationship with each other.
In the case of positive progression, your stakes increase upon a victory and decrease upon a loss. On the other hand, negative progression translates into an increase in stakes in the event of a loss, and a decrease in stakes in the event of a victory.
Players of casino games use progressive online betting systems to make quick decisions. These systems are even more popular among gamblers who play roulette. Those who play roulette may either use these systems to put their money on odd or even money bets.
While progressive online betting systems are extensively used in these games, there is no hard-and-fast-rule regarding the use of these systems for any particular game. These days, it is commonplace to find players of all kinds of gambling games using these betting systems.
Positive Progression: What It Means?
As the name suggests, a positive progression emphasizes a positive approach. Between the two forms of progression, it is simple to understand and use. Under it, you promote your stake whenever you win a bet. In the event of a loss, you reduce it. Many experts opine that it is less damaging in comparison to a negative progression.
The theory of positive progression revolves around the idea of increasing your profits when you are on a roll and cut down your losses when you lose a bet. It helps you strike the right balance between the amount of money you earn and the one you lose in betting.
If you consider this theory, you would find it logical. Why? The answer is simple. If you increase your stakes when you are on a winning streak, you will be able to amass a hefty sum of money in the subsequent rounds. On the other hand, when you lose, the approach of positive progression directs to decrease the amount of money you would put on gambling. Thus, it prevents the possibility of a huge loss.
Alongside these details, you need to bear another important thing in mind. While the concept of positive progression encourages you to make wise gambling decisions when you are either winning or losing your bets, it does not influence the outcome.
That is to say, you can only adopt this approach to guide yourself in taking a final call regarding the amount of money you would want to put on gambling. If you adhere to it under the impression that it will influence the outcome of your betting rounds, then you need to think again. It does not enable you to win gambling rounds directly.
The Paroli System constitutes one of the classic examples of this way of planning your gambling decisions. Under this system, you begin with a base stake. Every time you notch up a victory, you go on adding more to the base stake and increase the amount of money you would want to bet in the next round. Likewise, you stick with the value of your base stake whenever you suffer a defeat.
Suppose you start gambling with a base stake of $10. You increase the wager if the outcome in a round is black. If it is red or black or you end up landing on zero, you keep the value of stake at $10 for next wager without making any change to it.
What happens if you get black in five rounds on the trot? It is simple: you go on increasing the stake for each round by $10. That is to say, you follow the following progression:
Spin 1: Stake $10
Spin 2: Stake $20
Spin 3: Stake $30
Spin 4: Stake $40
Spin 5: Stake $50
You can add $10 to the total in the case of Spin 1. In the next steps, you can add $10 to the amount of money you win in the form of wager. Thus, the total becomes $30, $60, $100, and $150, respectively. Compare what happens if you just add $10 to each round instead of adding it to the amount of stake; you would only win $50. Thus, the system yields you an additional $100.
On the other hand, if you are on a losing streak, your losses would stay put $50 because you would lose $10 per round. Thus, a mini winning streak gives you a huge profit, whereas a mini losing streak keeps your losses in control.
If the wheel spins to show a streak of blacks, then you can anticipate a greater margin of profit that can even exceed your expectations. Then again, it can also show up reds consecutively limiting your profit and using up the overall money you have set aside for gambling.
Ideally, you would want to see a series of blacks instead of a series of reds. You know that the former will boost your earnings, and the latter will diminish it. But that said, anything can happen in a round of gambling. You can never say that things will go according to your plan.
Thus, you need an even-handed approach at the time of using the theory of positive progression. Putting all your apples in one basket can ultimately prove to be a recipe for disaster, thereby ripping you off completely. Therefore, you may want to err on the side of caution.
Negative Progression: What It Means?
Negative progression is diagonally opposite to positive progression. As a rule, it defies the conventional approach.
Generally, you would want to throw more money at betting if you are on a winning streak. And you would want to do just the opposite when you are on a losing streak. But the approach of negative progression directs you to think and do otherwise.
In layman’s language, it asks you to increase your stake every time you lose a bet and decrease it when you win it. Due to this principle of negative progression, the majority of bettors exercise caution while using it to make their betting decision.
Though this point of view seems to be out and out negative on the surface, there are some positives to it as well. It encourages you to embrace the thought that even when you are on a losing streak, you will end up victorious. In other words, it indirectly points towards the fact that you should end up on a winning note in the end and that its stakes will be more than the ones associated with your losses.
Some gamblers feel the temptation to go with negative progression as they find it fully logical on the surface. They do so as they view it as the ultimate principle to get back to winning ways. However, contrary to what it seems at the outset, it is based on a principle that has a serious shortcoming.
Negative progression guides an individual through so they can get back to the path of their victory. But it does not guarantee that an individual will definitely achieve this outcome if he/she follows this approach.
For instance, if you end up with eight rounds featuring red, you may believe that the next one will be black. It may or may not happen. Just as you think the next one will be black, it may not be the case. You may end up with red in the next and subsequent rounds instead.
There is something called gambler’s fallacy that prevents gamblers from hinging their bets on negative progression. But there is no certainty regarding outcomes in any gambling game. So, it is imperative to exercise caution while making use of this theory.
Gambler’s fallacy is the false belief that the results of random events can have a bearing on the outcomes of future events. Gambling is synonymous with addiction. Sometimes, overconfidence prompts gamblers to become reckless and make decisions based on it.
The approach of gambler’s fallacy has caused several gamblers to go broke in the past. It is not wise to keep increasing the stakes, even as you are losing, under the impression that things will be different in the subsequent rounds. Although it can work at times, it can also end up proving a gambler foolhardy.
Does Negative Progression Amount to Any Profit?
The answer is “yes”. If you have started thinking that it will never prove to be profitable to you, you are wrong. Here again, you have to start believing in the luck factor.
When you start relying on your luck, there is a greater likelihood of following the wrong sequence of events, either knowingly or inadvertently. As a result, you may lose money without even knowing about it. It generally happens as you start increasing stakes even in the face of repeated losses due to your anticipation of victory.
If you do not reform your ways even after losing one after the other rounds, you may soon run out of money. After this, you would not have enough money in hand to play any other round. Though casinos impose a maximum betting limit on bettors, you may want to limit yourself from putting excess money if you are not sure about winning a round of gambling.
Online betting systems can prove to be important tools for making gambling decisions. But they do not affect or impact the result(s) of round(s) of gambling. Positive progression and negative progression are the two fundamental concepts used by online betting systems. At the time of making use of any one of the two concepts, the onus is on bettors or gamblers to make informed decisions. They must take time and think twice before taking the final call on their actions.