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A betting strategy (also known as betting system) is a structured approach to gambling, in the attempt to produce a profit. To be successful, the system must change the house edge into a player advantage — which is impossible for pure games of probability with fixed odds, akin to a perpetual motion machine. [ 1 ]
The simplest of these strategies was designed for a game in which the gambler wins the stake if a coin comes up heads and loses if it comes up tails. The strategy had the gambler double the bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake.
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Around 2005, copy trading and mirror trading emerged as forms of automated algorithmic trading. These systems allowed traders to share their trading histories and strategies, which other traders could replicate in their accounts. One of the first companies to offer an auto-trading platform was Tradency in 2005 with its "Mirror Trader" software.
Gambling bots are disliked by many professional gamblers, as a human player obviously cannot compete, as a bot is directly linked to the site and processes odds faster than any human player. In addition, bots never get nervous or suffer from misgivings about their bets and thus achieve results efficiently and in short periods of time.
Originally, martingale referred to a class of betting strategies that was popular in 18th-century France. [1] [2] The simplest of these strategies was designed for a game in which the gambler wins their stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler double their bet after every loss so that ...
Thai style (Jackpot) – Always roll two dice, but only cover one tile matching one of the dice or their sum. For example, if the dice show a 2 and a 3 you may cover one of 2, 3, or 5. The best strategy is to use the combined score for a high tile (7,8,9), if possible, otherwise choose the lowest tile. The success rate for this strategy is 7. ...
In the simplest variant, bettors place stakes on a board with six numbered spaces, labelled 1 through 6, inclusive. They receive a 1:1 payout if the number bet on appears once, a 2:1 payout if the number appears twice, and a 3:1 payout if the number is rolled all 3 times. [ 3 ]
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