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Gambling is intrinsic to humanity. And with it, comes the inherent illusion of control it gives us. People like to feel like they can exert skill over something that is purely based on luck. Case in point – chance-based games like Roulette and Baccarat. With both games, it’s pretty obvious that you have a 50/50 chance of getting either red/black, even/odd, or Player/Banker in Baccarat. Not much more effort should go into that than calling heads or tails, right? Still, since we’ve been playing these games, people have been trying to come up with a strategy that can help them predict and influence an outcome that is 100% random and based on luck. Hence, the betting systems that many gamblers use even today.

Types of Betting Systems

Generally, betting systems can be divided into positive progression systems and negative progression systems. With the former, you’re supposed to increase your wager when you win and decrease it when you lose, while with the latter it’s the opposite – increase your stake when you’re losing and decrease it when you’re winning. If such logic seems a bit flawed to you – then you’re right. There’s no proof that they will work, in fact – just the opposite. These myths of keeping to only one outcome and increasing or decreasing your stakes have been debunked on numerous occasions. Yet, people use them because that’s simply how gambling psychology works and because these systems are really easy to use. Let’s have a look at some of the most popular ones used in Baccarat.

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Martingale

One of the oldest betting systems, the Martingale is a negative progression system used in chance-based games like roulette, baccarat, and craps. In essence, it postulates that players should bet the same amount again after they win and double their bet after they lose.

For example, you bet $5 and you win – then you bet $5 again. However, if you lose, you need to bet $10. You lose again – you bet $20. The idea is that when you eventually win, and actually every time you win, you will be up $5 despite your previous losses. Here’s an example. You’ve bet $5 but after four consecutive losses, you win. You’ve won $160 but you’ve already lost $155 from your previous bets (the initial $5 + $10 + $20 + $40 + $80 from your last winning bet.) So, in theory, it sounds like you can never lose and that you’ll always be up your initial bet. In reality, however, things are different. Imagine betting $5 and having a streak of thirteen consecutive losses, then your next bet would have to be $40,960. Let’s assume you do have that kind of money. If you lose again (more likely than you think) you will have to bet up $81,920 and that’s above the limit of most houses.

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Which leads us to the main point – when you play Martingale, in the long run you will either run out of money or the casino betting limits will cut your strategy short even if you’re willing to place ridiculously high bets. Systems like Martingale could work for short gambling sessions and fewer betting rounds. Although Baccarat with its low house edge seems like a good option to try the system, it’s not recommended that you try it while playing online, especially Mini Baccarat or Speed Baccarat. Online rounds go much faster than playing at a land-based casino, and the chances of getting your bets back using Martingale are bigger if you spend less time playing – about an hour – before you max out and in just an hour, you could play 120 rounds of Baccarat.

Paroli

Unlike the Martingale system, Paroli is a positive betting progression which is more than 400 years old and was originally developed for a card game called Basset. The name of the system is derived from the Latin word Par which means “one that is equal”. It can be used for all kinds of table and card games that include even odd bets like roulette, baccarat, craps, Sic Bo, Pai Gow poker, and even blackjack with some alterations. Like with other progressions, there’s no guarantee that it will make you a winner, but its simplicity has made it very popular with gamblers.

For this system, you need to have a fixed stake to begin with. The fixed stake is how much you bet at the beginning of each progression. It can be any amount you wish but it’s a good idea that it’s not too high compared to the total amount you’re prepared to wager. About 2% of this would be ideal. In a nutshell, the system works like this: losses follow flat betting, i.e. you don’t change your bet after you lose and you start doubling the bet when you win. Some players double only during three consecutive wins while others like to bet as many progressions as the wins.

The Paroli betting system offers some potential for consistent albeit small wins and unlike the negative progressions, the chance for huge losses is not that big. In theory, if you successfully double your bet on three successive wins, your bet will be multiplied seven times. However, there’s really no guarantee that you will win due to the unpredictable outcome of these games. If you end up on a streak of losses, you will lose. Plain and simple. Like all other betting systems, the Paroli system doesn’t influence the house edge and can be used merely as a way to manage your bankroll.

Labouchere

The Labouchere betting system, also known as “Cancellation System”, “Cross-out”, “Labby”, “American Progression” or “Split Martingale” is a negative progression which is very popular and widely used by gamblers, despite its complexity. Like the Martingale betting system, the Labouchere is aimed at recovering losses but instead of recovering all previous losses with one single win, it’s supposed to make up for the lost bets with multiple smaller wins instead. It was designed by Henry Labouchere who developed it to be used at the roulette table, particularly the outside even odds bets like red/black or odd/even. However, it can be applied to other even-odds games like baccarat, blackjack, and in sports betting as well.

The cycle of the progression begins with the player writing down a sequence of numbers. For the first bet, add the first and the last number, If it’s a winning bet, cross the numbers of the sequence and bet the first and last from the remaining numbers. If you lose, add another number. The cycle is completed when you have crossed off all numbers. For example, if you write down 1 – 2 – 3 – 4 – 5, you first bet would be 6 (1 + 5). If you win, cross 1 and 5 off, and bet six again (2 + 4). If you lose, add another number. These rules apply after every wager. Cross numbers off when you win, add numbers when you win.

The main concept of the progression is that no matter how long the sequence, even if you have more losing than winning bets, you will make a profit equal to the total value of the first numbers you wrote down. The progression has the advantage that it’s flexible and allows you to adjust the initial sequence which lets you control the risk and the reward. If you can afford a huge bankroll, you can start with a longer sequence and make a bigger profit if you get to the end of the chain. However, there is always the risk of going on a long losing streak, especially if you play for longer, which will increase your bets until you finish your bankroll or are capped off by the house betting limits. You can avoid this by adding zeros to the sequence.

Fibonacci

The Fibonacci system is very popular with roulette players and it can also be applied to baccarat or any other game with even odd bets. It’s a negative progression system but due to its less aggressive bet increase, it offers a more flexible approach. It’s not that as straightforward but it’s also not that complicated.

It’s centered on the sequence of numbers known as the Fibonacci sequence where each number is the sum of the previous two. The sequence is 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377 and can go on as far as needed. It can also begin with a zero but when used in betting systems, it always starts with 1. It’s called nature’s number system and plays an important role in mathematics and nature.

How Do You Play Baccarat

When it comes to casino games, it’s applied for the outside even odds at roulette and other games like baccarat, craps, and blackjack. When using this strategy at the baccarat table, you start with betting one unit because the first number of the Fibonacci sequence is 1. If you lose, you move on to the next number in the sequence, so you bet one unit again. If you lose again, the next bet will be two units and so on until you win. When you win, you move two numbers, reduce the bet size by moving back two numbers. If you win on the first bet, simply start the progression anew, betting one unit. A unit represents an amount of money you’ve decided to be your bet in advance. This can be any amount but it’s best if you stick to 1 or 2 percent of the total you’re willing to risk losing.

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