Quote from: romero121 on May 08, 2019, 06:29:14 PM

Luck might have played a big role, but from a gamblers view luck as well knowledge to develop strategies is a must.

In addition to the quoted statement, there are actually methods that can help you in a betting game. In fact, it is said that "the amount you bet is more important than what you bet on."

In that context, there are betting systems that provides greater returns than other methods. There are actually five betting systems according to Pinnacle. These are Bet everything, Martingale, Fixed wager, Proportional Betting, and Fibonacci. But out of these systems, there are two that stood out as the best strategyMartingale, and Fibonacci.

The former states, "Bet double your stake after any failed bet, to cover your losses with the next bets winnings. This gives a quicker increase than fixed wagers (as youre doubling up to cover any losses). If you experience sequential losses, however, the required stakes continue to double, and youll very soon be betting large amounts to cover your losses." The latter, on the other hand, states, "Increase your stake in a Fibonacci sequence, to your losses with the next bets winnings. This method has similar drawbacks to Martingale method in sports betting, but it reduces how quickly the stake increases if youre on a losing streak (and therefore also reduces the rate at which you win)."

In short, "increase your stake in a Fibonacci sequence, to your losses with the next bets winnings. This method has similar drawbacks to Martingale method in sports betting, but it reduces how quickly the stake increases if youre on a losing streak (and therefore also reduces the rate at which you win)."

With that said, one can depend on luck while gambling but knowing effective strategies and combining it with your fortune will surely lead you to gain more returns so that one won't call gambling as a way to lose.

Source: https://www.pinnacle.com/en/betting-articles/Betting-Strategy/staking-one-method-to-improve-your-betting/2962VHE9W3JPJ7X7