Ways to Compensate for Losses. Expert Commentaries

One of the biggest mistakes made almost by all the punters is chasing losses. Unfortunately, losses are inevitable, and bettors must calmly react on them. Instead, some gamblers start increasing their stakes in order to compensate for the money lost. In fact, it is a usual reaction on failure, but it must be blocked by those people who want to successively deal with betting. The fact is that constant attempts to cover the losses will finally lead to even bigger ones.

This situation is the violation of general principles in betting. Every bettor knows that he must set certain bankroll for every day or week. This bankroll shows the amount of money that may be spent, not a penny more. However, blinded by unexpected loss, gamblers spend much more money or even the entire bankroll, which leads to serious financial and other problems in their life.

Martingale System

The statistical data show that this is a really popular problem because more and more people use the Martingale system that was designed specially to compensate for losses. The system is very simple, which makes it extremely popular among beginner gamblers who want to obtain enormous benefits making the smallest efforts.

The system says that it is possible to cover any losses just doubling your next stake. For instance, your first stake is $0.5. If it loses, the next one will be $1. If it also loses, the third stake will be $2. Then, you are to stake $4, $8, $16, and so on. Let us imagine that a $16 stake appears to be successive. In this case, you cover all the previous losses (0.5+1+2+4+8 = 15.5) and obtain some profits from the rest of the stake i.e. $0.5.

So, this strategy seems rather easy and attractive. However, this scenario means that you must have $31.5 in order to follow the strategy. Not every gambler can afford to stake this amount. Were the latter stake unsuccessful, you would have to double it and place other $32. So, one can say that the Martingale system is suitable for those gamblers who have enormous bankroll and place miserly stakes. To tell the truth, such bettors do not exist.

Progression d`Alembert and Flat Betting

The Martingale system being failing, there are other systems in order to limit bettors and generate some benefits. Flat betting is one of them. Under it, you are supposed to place the same stakes regardless of the previous results until you win enough money or expend the whole bankroll for the day.

Another variation is the Progression d`Alembert. The initial stake of this system is a unit. For us, it will be $2. If it loses, you must increase the next stake by one unit and place $4. The next stake will be $6 and so on. But, when your bet wins, you are to decrease the next stake by a unit until you reach the initial one. In comparison with the Martingale system, the Progression does not involve enormous amounts of money, which makes it attractive and safer.