Casino Staking Strategies
Casino staking strategies are approaches to betting that are intended to help an online casino gambling fan to make a profit if a winning bet is made within a short period of time. They do not in any way change the odds of winning a game, but they can help a player to generate a profit if they are used sensibly and only on a short series of bets. In this article we will look at two potentially useful casino staking strategies that you might like to consider trying at some point in the future…
The Triple Jump
This staking strategy is designed to generate a profit if you manage to get one winning even-money bet out of a maximum of three. All you do is bet 1 point on the first even money shot. If it wins, you take the 1 point profit and quit betting. If the first bet loses, you stake 2 points on the second bet. If it wins then you take the 2 points profit (giving you 1 point profit overall) and quit betting. If it loses, you stake 4 points on the third bet. If this wins then you will have made 1 point profit overall (4 points minus the 3 lost on previous bets). If this third bet loses then you should take the overall loss on the chin (7 points in total) rather than continuing to bet.
Your ‘points’ can be whatever size you wish. For example, if you wanted to bet in £1 points then this strategy would require bets of £1, £2 and £4 (total risk = £7). Or, if you wanted to bet in £5 points, your bets would be worth £5, £10 and £20 (total risk = £35).
The Pentagon
This casino staking strategy is similar to The Triple Jump strategy, but it succeeds with just one winning bet from a maximum of five. Again, the idea is to place gradually increasing bets, and to stop betting as soon as you have encountered a winner or had five consecutive losers. The staking progression used here is 1, 1, 2, 5, 10 and it should only be used on even money shots (such as red or black at a roulette wheel).
The maximum possible loss here is 19 points. This is much bigger potential loss than the Triple Jump, but of course you do have five chances of winning instead of just three. If a winner occurs on the first, fourth, fifth or sixth bet then you will make a profit of 1 point. If a winner occurs on the second or third bet then you will break even (and in that case you could start afresh if you wanted to do so). Five consecutive losers would of course leave you with a 19 point loss.
Although the idea of having three or five consecutive losers when betting on even money shots might sound unlucky, such losing runs can and do occur quite regularly. It is therefore essential that anyone employing a casino staking strategy such as the ones outlined here should be fully prepared to lose every now and again.
Our advice is to paper trade both of these strategies the next time you visit the roulette wheel or blackjack table at your favourite online casino. Simply keep track of the results you experience when betting to level stakes (that is, betting the same amount on each event) and then you can retrospectively see how the Triple Jump or Pentagon casino staking strategies would have fared in the same situation. Of course, if you are participating in an online casino tournament where you have a fixed potential loss (your buy-in) you could choose to use either of these strategies to play more aggressively than those using level stakes.
Oh, and before we forget, have a merry Christmas!
27/05/2010 18:13:15