betting system

  • 1Martingale (betting system) — For the generalised mathematical concept, see martingale (probability theory). Originally, martingale referred to a class of betting strategies popular in 18th century France. The simplest of these strategies was designed for a game in which the… …

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  • 2Betting strategy — A betting strategy or betting system is a structured approach to gambling, with a predefined set of actions for bet sizing and timing. Betting strategies are typical in any activity in which money is risked but where the participant has little… …

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  • 3Betting exchange — The term betting exchange is used to describe a form of bookmaking in which the operator offsets its risk perfectly through technology, such that the effect to the customer is that customers are seen to bet between themselves. Coined because of… …

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  • 4system — A method of betting, usually mathematically based, used by a punter or bettor to try to get an advantage …

    Equestrian sports dictionary

  • 5Due Column betting — (also: due column betting ) is a type of fixed profit betting strategy whereby a bettor increases the amount he wagers on a single proposition after each successive loss. According to this system, the bettor determines a target profit before he… …

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  • 6Parimutuel betting — (from the French language: pari mutuel , mutual betting) is a betting system in which all bets of a particular type are placed together in a pool; taxes and a house take or vig are removed, and payoff odds are calculated by sharing the pool among …

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  • 7Sports betting systems — refers to a set of events that when combined for a particular game for a particular sport represents a profitable betting scenario. Since sports betting involves humans, there is no deterministic edge to the house or the gambler. Systems… …

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  • 8Labouchère system — The Labouchère system, also called the cancellation system, is a gambling strategy used in roulette. The user of such a strategy decides before playing how much money they want to win, and writes down a list of positive numbers that sum to the… …

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  • 9spot-betting — /ˈspɒt bɛtɪŋ/ (say spot beting) noun a betting system in which bets are placed on particular outcomes within a sporting event, such as, in a cricket match, a particular delivery or the number of runs scored in a specified over …

  • 10over-round system — /oʊvə ˈraʊnd sɪstəm/ (say ohvuh rownd sistuhm) noun (in horseracing) a betting system where all runners in a race are backed to ensure a small percentage win, no matter which horse wins …