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 With horse betting, or any kind of betting, anything apart from flat betting is in fact some sort of progression...but the niche in this short article is (as it should be) a bit controversial: Raising bets after losses แทงบอลออนไลน์

"Gamblers Ruin" is a term (not quite as scary because it sounds) used to denote a loss of betting bankroll. Though that's something that ought to be avoided at all cost - it certainly isn't actually the "ruin" of the horse bettor - but it'll put him out of the game until a brand new betting bankroll has been scraped together.

The surest solution to "Gamblers Ruin" could be the infamous "Martingale" way of doubling up after each loss. A gambler staying with among the even money bets in - say Roulette - will simply be operating at in regards to a 1.5 percent disadvantage. If that player has a huge bankroll and starts with a minimum bet, he may be able to create a true "Martingale" betting method work for days, weeks, even months - who knows?

Eventually, however, a vicious and prolonged losing streak should come along that may take the gambler past his ability to help make the next bet - either because his bankroll has been severely depleted, or because he doesn't have the nerve to help make the next bet.

Example: Say his minimum starting bet is $5.00 - and he encounters a losing streak of 15 in a row. Listed below are the mandatory bets for doubling through to each loss:

5 - 10 - 20 - 40 -80 - 160 - 320 - 640 - 1280 - 2560 - 5120 - 10,240 - 20,480 - 40,960 - 81,920

...and bet number 16 would call for $163,840 - just to obtain back his original $5.00 bet and end up getting a paltry $5.00 in profit!!

The insanity of it's obvious.

In horse race betting, an extended losing streak of 15 races is not too rare for win-betting - especially if you're pursuing higher paying horses.

Now, in the event that you played only select 4-5, 1-1, and 6-5 types to approximate the even money roulette bets, a 15 race streak might never happen. Even a 10 race losing streak will be extremely rare - but, my gosh, after chasing a 10 race losing streak down while doubling up just to obtain back a little profit on your own original bet?

Your ROI will be pitiful!

A new player could, however, scale in the past from the "doubling up" betting mode. Variations on the following have now been put forth before - the idea is this:

Locate a horse bet that's 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 before 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 create his next "bridge jumper" sized bet - trying simply to just GET BACK TO EVEN!

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

That pretty much limits the approach to position, and show betting.

Let's say you've a good handicapping method that hits 32% winners at an average $7.60 mutuel. You're carrying a good ROI of around +21%.

That same horse betting might be likely hitting win or place (pay to place) about 60% of the time. The area bet would pay maybe $3.80 on average. Here your ROI will 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 an advancement that would likely pump up that ROI enough that he could grind out a very good horse race betting income - if he cared to take action...

Here's how:
Let's believe that with a 60% winning race average, losing streaks of 2 and 3 will be fairly common - streaks of 4 and 5 would occur only occasionally - and losing streaks of 6 or maybe more will be rare.

The race bettor would start his progression only after 3 consecutive losses had been incurred. Then, it will be very unlikely that he would encounter another 4 losses in succession (i.e. 7 straight losses).

Because most wins (recoveries in the betting progression) will happen soon after starting the progression series - we could escalate our bet series rapidly initially, and begin to taper back only after we know we're in one particular "blue moon" losing streaks of more than 8 races - if that occurs.

This could be the betting progression that would begin after the next loss:

2 units, 4 units, 6 units, 8 units, 9 units, 10 units, 11units, 12 units.

- Once you hit the second payoff anywhere in the series - you drop back one.
- Then you drop back one on each win.
- If you miss again before "clearing" the series - you begin back up the series from that point.

Once you "clear" the series - that's you are profitable by no less than three units (the accumulated loss at the point once the series began), you get back to one unit betting.

These is an illustration place bet series:

Lets assume a foundation betting unit of $20.00

Bet #1 = 1 unit / win pays $3.60
Bet #2 = 1 unit / win pays $4.20
Bet #3 = 1 unit / loss
Bet #4 = 1 unit / loss (remember we're flat betting until 3

losses in a row)
Bet #5 = 1 unit / loss
Bet #6 = 2 units / loss (progression has begun here)
Bet #7 = 4 units / win pays $3.00
Bet #8 = 6 units / win pays $3.00
Bet #9 = 4 units / win pays $3.80
Bet #10 = 1 unit / win pays $5.00

That is 6 wins in 10 plays , 60%, which can be our projection. The typical payoff was $3.76 - which can be slightly below the $3.80 projection.

Flat betting - that series might have had this outcome:
- 10 x $20.00 = $200.00 total race bets
- back out were returns of: $36.00, $42.00, $30.00, $30.00, $38.00 and $50 for a complete of $226.00
- a net of $26.00  แทงบอลออนไลน์
- ROI = +13%

With the progression applied, results were:
- bet 23 units = $460.00 total race bets
- back out were returns of: $36.00, $42.00, $120.00, $180.00, $152.00 and $50 for a complete of $580.00
- a net of $120.00
- ROI = + 26%

You may ask, "Why play this place progression and put more of my bankroll at an increased risk when I possibly could just play the horses to win - flat bet a bit more and rake in a regular +21% ROI?"

Good question.

We're not particularly recommending this approach of play - it's riskier. Only some of you may be tempted to give it a whirl.

If the bet series ran out in a "blue moon" negative streak, the player would stand to reduce:

- 2 units, 4 units, 6 units,8 units, 9 units, 10 units, 11units, 12 units - or 62 units. At $20.00 this could be $1,240.00

For that increased risk, the horse race bettor would probably get a great increase in main point here ROI long-term (it happened to double in the example given above) - and he'd spread money into the area pool - thus helping protect his win mutuels from the aftereffect of their own wagers.

This might then also be another addition to the "portfolio."

Again - running this kind of horse betting progression carries a higher risk - we don't recommend it for everyone.

For those of you who could be interested - the caveat is:

You must be very sure of the consistency of one's horse betting hit percentage. This sort of confidence is misplaced in the event that you don't have actual betting results for say, at the very least five hundred horse races!

For more on successful betting approaches, see: horse betting

HorseRacingGold.com provides you with all the information you'll need to hone and sharpen your horse betting, and horse แทงบอลออนไลน์handicapping skills in to a profitable and consistent method of the game.