CAN SYSTEMS BE USED TO BEAT ONLINE CASINOS?
Published: January 2, 2014
Since the dawn of gambling, bettors have tried to employ various betting systems in the hopes of giving them an odds advantage over the house, or even better yet, to make it virtually impossible for them to lose.
Now logic would dictate that such systems simply couldn't exist; at least not those ones that guarantee winnings. But that doesn't stop people from believing in them and putting their faith in them, with often disastrous results. One of the most prominent systems, and one that some people still try to sell as a valid system (often dressed up in unique ways and pawned off as a totally new system) is the Nightengale system.
The theory behind the Nightengale is that when you lose a bet, you increase the size of the next bet just enough that your winnings would make up for the previous loss, and repeat this process until you finally win. The problem with this system is two-fold. Firstly, it would take a massive bankroll to cover the potential run of straight losses you can realistically occur. And all it would take is reaching that breaking point one time to wipe you out. Secondly, for the amount of stress and effort the system uses, even when it's going well and you have a session where you don't reach the breaking point, your profit tends to be miniscule, with long stretches devout to simply making back your losses.
Other systems tend to be even more complicated, but the results are ultimately the same as they tend to rely on what's called the gambler's fallacy; which is to watch for patterns and try to exploit them by betting on what "should" statistically be coming. Except that the odds of what "should" be coming haven't changed, no matter how many times in a row the ball has landed on red in roulette.
While there's no harm in educating yourself on what other bettors are doing and how they're trying to beat the system, don't get your hopes up that there's a miracle money-making system out there; and certainly don't pay to be another guinea pig for it.
Added: September 14, 2021