Progression Betting

With horse betting, or any kind of ثبت نام مل بت, anything other than flat betting is in fact a kind of progression . . . but the subject in this article is (as it should be) a bit controversial: Raising bets after losses.

“Gamblers Ruin” is a term (not quite as scary as it sounds) used to denote a loss of betting bankroll. Though that is something that should be avoided at all cost – it really isn’t actually the “ruin” of the horse bettor – but it will put him out of the game until a new betting bankroll has been scraped together.

The surest way to “Gamblers Ruin” is the infamous “Martingale” method of doubling up after each loss. A gambler sticking to one of the even money bets in – say Roulette – will only be operating at about a 1.5 percent disadvantage. If that player has a huge bankroll and starts with a minimum bet, he might be able to make a true “Martingale” betting method work for days, weeks, even months – who knows?

Sooner or later, however, a vicious and prolonged losing streak will come along which will take the gambler past his ability to make the next bet – either because his bankroll has been severely depleted, or because he doesn’t have the nerve to make the next bet.

Find a horse bet that has a good winning percentage – say 35% or higher. Flat bet it until an average length losing streak has been encountered – say 5 races – and only then start the betting progression. You then run the progression until you have “cleared” the series – i.e. recovered losses and gained a profit.

But those visions keep coming back – of the Martingale maniac sweating blood as he steps up to make his next “bridge jumper” sized bet – trying only to just GET BACK TO EVEN!

As a safety factor, a winning (hit / strike rate) percentage that exceeds 40% (even 50%) is better. You should feel confident that this percentage is solid before undertaking the kind of progression outlined below.

Let’s say you have a good handicapping method that hits 32% winners at an average $7.60 mutuel. You’re carrying a great ROI of around +21%. That same horse betting might be expected to hit win or place (pay to place) about 60% of the time. The place bet would pay maybe $3.80 on average. Here your ROI would be figured this way: 60 winning bets in 100 pay you $3.80 – so $228 returned on $200 bet = +14% ROI.

No great bragging rights there – but a bettor could apply a progression that would likely pump up that ROI enough that he could grind out a pretty good horse race betting income – if he cared to do so .

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