Live casino games are an exhilarating option for players who enjoy competing with real dealers and immersive gameplay. This has contributed to the expansion of live casino games, which seamlessly combine the excitement of traditional brick-and-mortar casinos with the ease of playing from home. But, similar to other gambling formats like it, winning live casino games is not all about fortune, but more about employing smart betting strategies. Step into the mesmerizing world of ‘Medusa,’ where every glance and move can spell destiny, weaving a tale of mythical power and breathtaking adventure
In this article, we shall be looking at the various betting strategies in live casino games, how they operate, and their effectiveness. Whether you are a beginner looking to find an edge in well-known games like blackjack, roulette, or baccarat, or perhaps an experienced player looking to improve your chances of winning, this guide will help you understand betting strategies that can maximize your chances of winning.
1. What Are Betting Strategies?
Types of Betting Strategies Betting strategies are systems or methods players use to decide how much to bet and when. None of these strategies will guarantee a victory every time but they will assist with decision making and with using casino chips responsibly. Live casino games are games where outcomes are determined by genuine dealers and random numbers; strategies are utilized to cut out losses, enhance returns, and prolong the player’s experience of play.
Note that no betting strategy will change the casino’s built-in edge in a casino game. Every game, and all strategies in a live casino have a house tasting advantage built into them and that house edge is never going to go away. But betting strategies can handle risk and reduce losses.
2. Popular Live Casino Games
Before we get into the strategic side of things, let’s quickly look at the most popular live casino games that players implement betting strategies in:
Blackjack
Blackjack is a card game where players play against the dealer, trying to have a hand value closer to 21 than the dealer’s hand value without going over. Special bets, such as insurance or a double down, can also be made, so it is an ideal game to implement party strategies.
Roulette
Roulette is a game of chance where players wager where a ball may land on a rotating wheel with numbered pockets. Bets can be anywhere from a single number bet to covering a range of numbers across different combinations.
Baccarat
Polyhedron is a card game in which players wager on the outcome of two hands: the “player” hand, and the “banker” hand. The objective is to identify which hand will have the closest value to 9.
Poker
Many live casinos offer different types of Poker, including Texas Hold’em and Caribbean Stud. Unlike in traditional casino games, poker players play against each other instead of the house, and betting strategies can involve bluffing, manipulating the strength of hands, and taking advantage of position.
Craps
Craps is a dice game in which players place bets on the results of the roll or a series of rolls. The game presents a lot of betting opportunities, and that’s where strategies like the “pass line” or “don’t pass line” bet come into play.
Sic Bo
Sic Bo is a classic Chinese dice game where players wager on the outcome of three rolled dice. The various betting options are all usually those which have a different type of odds or payout.
3. Common Betting Strategies
3.1. Martingale Strategy
This is probably the most popular and known betting system — The Martingale Strategy. This is a simple strategy, the idea is that you double the bet after each loss, so when you win you can recover the previous losses and a certain profit.
How it Works:
Start with a base bet.
If you lose, just double the bet for the next round.
Keep doubling the bet after each loss.
When you win, return to the starting betting amount.
Example:
So, if you bet $10 and lose, you will bet $20 in the next round. If you lose again, you will bet $40, and so on. If you win after a few rounds, all your previous losses will be covered by the win, and you will make a profit of $10.
Pros and Cons:
Pros: The Martingale strategy can work in the short term and is simple to implement.
Cons: It has a tendency to run up the size of your bets very quickly, potentially causing you to lose a lot of money if you hit a long losing streak. Many of the casinos, however, have betting limits that will prevent you from using this strategy for long.
3.2. Paroli System
The Paroli System is also known as the reverse Martingale strategy. But instead of doubling your wager after a loss, you double your wager after a win. This strategy is designed to take advantage of winning streaks while limiting losses. Starstruck Reach for the stars and strike it rich!
How it Works:
Start with a base bet.
If you win, double your bet in the next round.
After a loss, reset to the base bet.
If you achieve a set number of wins in a row (usually 3), return to the base stake.
Example:
You begin with a $10 bet. Your next bet after a win is $20, and this.followed by $40 after another win. If you lose at any time, you go back to the original $10 bet.
Pros and Cons:
Pros: The Paroli system allows you to mitigate your losses, since you’re only increasing your wager after a win.
Cons: It is based on winning streaks, which are random, and it does not work if you sustain a string of losses.
3.3. D’Alembert Strategy
A more cautious betting system than the Martingale, the D’Alembert Strategy After a loss, you increase your bet by one unit and decrease it by one unit after a win.
How it Works:
Start with a base bet.
Add a bet after a loss, by one unit.
After a win reduce your bet by one unit.
Example:
So if you lose after a $10 bet, your next bet is $11. If you are successful, you lower your bet back to $10.
Pros and Cons:
Pros: The D’Alembert system is less risky than the Martingale strategy and lets you increase your bet size gradually.
Pro: Safer than other strategies, but less potential for big profits. It’s a gradual approach.
3.4. Fibonacci Strategy
The Fibonacci Strategy revolves around the well-known Fibonacci sequence in which each number is the sum of the two preceding numbers. Fibonacci Betting System: The Fibonacci betting system consists of a series of losses followed by an increase in your next wager based on the Fibonacci sequence.
How it Works:
Start with a base bet.
If you lose, move to the next number in the Fibonacci sequence.
After a victory, go back two positions in the sequence.
Example:
In cause you lose, if you bet 10$, next you would bet 10$ (1), 20$ (2), 30$ (3) and so on. If you win at $30, you go back down to $20.
Pros and Cons:
Pros: It’s a lesser progression than the Martingale and provides slower bet escalation.
Cons: Like the Martingale, the Paroli can lead to tremeondous losses in the event of a long losing streak, although the progression is gradual.
3.5. Labouchere System
The Labouchere System also called cancellation system. This is a little more complicated than the other strategies but does give you a methodical approach in which to place a bet. This system is to set the target profit and then breaking it down into smaller units.
How it Works:
Set your profit goal and jot down a line of numbers that equals that amount.
Add the first number and last number in the series together and bet that amount.
If you win, mark off the first and last numbers.
If you lose, append to the end of the series the amount you just bet.
Repeat until all numbers are crossed off.
Example:
If you want to earn $30 and write down 1, 2, 3, 4, 5, your first bet is 1 + 5 = $6. If you win, you cross out the 1 and 5. If you lose, you append the $6 to the end of this sequence.
Pros and Cons:
Who you have on your team and a structured approach can yield manageable wins — the pros.
Cons: The system can be confusing for beginners, and long losing streaks can cause bets to ramp up fairly quickly.
4. Choosing the Right Strategy
The most suitable betting strategy is highly dependent on:
Bankroll: Decide how much money you want to place on the table. If you have a smaller bankroll, low-risk strategies such as D’Alembert or Paroli could be more appropriate.
Different strategies have different risk tolerances: Martingale takes more risk while Paroli doesn’t as you bet lower.
Game Type: Certain strategies tend to perform better in certain types of games. The Martingale system might be more effective when making even-money bets in roulette, for instance, while the Labouchere system works better for blackjack or baccarat.
5. Conclusion
Although there is no guaranteed betting strategy in live casino games, as these games are random, if players learn and use these, they can improve their decision-making, manage their bankroll better, and get more out of their gaming experience. However, gambling should always be treated with care and responsibility, as a form of entertainment rather than a guaranteed way to earn money. Wanted Dead or a Wild – Outlaw reels, untamed wins – are you ready?
A good betting strategy along with a wholesome understanding of the game mechanics and responsible gambling practices can help to maximize your enjoyment and perhaps improve your odds of success in a live casino game.
