Many mathematicians have tried and failed to create the perfect betting strategy. Each 

betting system has its shortcomings no matter how badly someone tries to convince you 

that their strategy is guaranteed. But does this mean that all betting strategies are total 

junk? No, some strategies do have merit and provide short or even long-term results. The 

catch is figuring out which betting systems are worth using and using it for maximum 


Let’s discuss some wagering game strategies that are available at King Billy. Some of these 

systems only work on specific games like baccarat or roulette, while others can apply to 

any casino game. 


The Martingale betting strategy is:- 

  • Easy to operate 
  • This system will theoretically provide a profit every time. 

The Martingale calls on you to double bets after every loss. The goal is to always win back your 

losses and earn a small profit in the process. The strategy makes the gambler double the 

bet after every loss, so that the first win would recover all previous losses plus win a profit 

equal to the original of hitting either red or black is close to 50%. Since a gambler with 

infinite wealth will, almost surely, eventually flip heads, the martingale betting strategy 

was seen as sure thing by those who advocated it. For a chance of winning, the martingale 

should be a good option. 


This is probably the most easily overlooked aspect of gambling and the most sensible. Bankroll 

management is what guarantees your longevity, and will help maintain your winning once 

you start accomplishing consistent wins. It is something anyone can do effectively. Never 

invest more than you are willing to lose when it comes to casino games. It should be noted 

that one can accomplish a whole lot by setting a loss and win limit, setting time limits and 

also playing slower – because the slower you play the less you are liken to lose. 

By calculating your win percentage, you can effectively manage your bankroll. Keep a record of 

your win-loss ratio for each gambling interval, for instance one week, month or year. This 

will give you a good idea of what games, dealers, teams or even casino that benefits you 

the most. It might seem tedious, but objectively, it is the best way to understand your 

win-loss ratio and catch yourself when you make mistakes. Even instinctive players 

encourage this system, in order to close any gaps in their game. It is worth the effort 

because it will ultimately improve your performance, and help you on your way to 

becoming a gambling millionaire. 


The keno game since its introduction is a lottery-based game. It has made quite a name for itself 

in the gambling world. Keno pay-outs are based on how many numbers you as a player 

have selected during the game as well as the number of numbers that are ‘hit’. This is then 

multiplied by the proportion of the wager you’ve placed to the ‘base rate’. Generally 

speaking, the more numbers a player chooses and the more spots that are hit, the greater 

the pay-out will be. However, as a player, you should bear in mind that pay-outs vary 

according to which casino you play at. However, when placing your bets, you should factor 

in the probability of winning. 


This strategy is fairly well known. Almost every basic strategy pundit tells you to only play in 

tournaments at some point in time. That is because if you just pay a flat fee up front but 

win the tournament the value of the prize could be substantially more than your buy in fee. 

Even slot game tournaments can be rewarding for the first, second, and third place players. 

What makes tournament play really interesting is that you can plan ahead for the buy in. this 

almost reduces your gambling to a predictable wager. Of course, you may want to gamble 

more than the tournaments allow so limiting yourself to only playing tournaments may not 

be practical. Joining tournaments allows you to gamble on two levels, and that additional 

risk may make the tournament experience more satisfying for you. 


Baccarat gives you three different betting options including the banker hand, player hand and tie 

bet. And the top system for playing baccarat involves making the banker bet every time. 

The reason why is because the banker hand only has a 1.06% house edge. Compare this to 

the player hand tie wager, which have 1.24% and 14.36% house edges respectively. 

Given that all you need to do is bet on the banker hand every time, baccarat is great for casual 

players who don’t want to deal with in-depth strategy. 


The Labouchere (a.k.a cancellation system) is an adverse progression betting strategy. You start 

this system by creating a unit size. And the simplest way to do this is by choosing the 

table’s minimum bet. The next step involves deciding how many units you want to win 

during the session. After deciding this, you create a string of numbers that adds up to your 

desired unit win. You then add the first and last number in the sequence to determine your 

bet. You cross off both of these numbers after a win. And you add the combined number to 

the end of your string after a loss. A very good thing about the Labouchere is that it gives 

you more freedom than most betting systems and so you decide your unit size, desired 

profit and how to achieve this profit. 

  1. PAROLI 

The Paroli betting strategy is to obtain three consecutive wins in a row, while doubling the wager 

with each win. It operates or runs on the foundation that both wins and losses come in 

steaks. To begin the progression, a single unit is wagered on an even money outcome, such 

as betting on Black at the roulette table. If the wager loses, one unit will be to bet again. 

The Paroli betting is one of a kind amazing gambling strategy if properly understood. 

  1. PARLAY 

A parlay bet is a single sports wager that involves two or more teams winning. The allure of 

this bet has always been a larger pay-out versus choosing a single team to win. The larger 

pay-outs for a parlay makes a great advantage since picking an individual winning side or 

total is difficult by itself thus picking more than one winner is even more difficult and 

should be rewarded with a bigger pay-out. Parlay bets in sports gambling are the most 

popular bet type in the world aside from the straight wagers. Of course, sports betting sites 

wouldn’t be offering these large pay-outs if they were making a profit. However, even 

though it is the most lucrative sports bets you can make but unless you employ some kind 

of parley strategy it can also be one of the toughest bets to actually cash-in on. A good 

benefit of parlay betting is that it’s an easy way to hedge your bets, without making high 

risk moves. Betting sports parlays is one of the few low risk, high reward types of betting in 

the sports book record. You just don’t want to wrap too much of your payroll into it. 

All these strategies given above will help to make your gaming experience fresh and 

interesting. Do give these strategies a try, you make fall in love with them because they are 

way different from the usual tips. 

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