What Happened When You Tried a Betting System From the Internet?

FadeThePublic

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The internet betting system is a specific category of self-deception that every serious bettor has passed through on the way to understanding what betting actually is.

The appeal is specific and identifiable.

The system provides a plan. Following the plan feels more disciplined than making individual selections. The plan removes the uncertainty of having opinions. The historical data showing the system's success is right there.

The three systems I tried before I understood what I was doing.

The Martingale: double your stake after every loss. Theoretically you must eventually win and recover everything. I ran it for six weeks. Hit a losing run of nine consecutive bets. The tenth bet was larger than my entire starting bankroll.

The home underdog system: backing all home underdogs at prices above 3/1. Three months. Marginally positive then a stretch that eliminated the gains and more.

The high-scoring leagues approach: backing over 2.5 goals in matches between high-scoring teams in high-scoring leagues. Seemed logical. Produced precisely random results.

All three had something in common: they didn't change the house edge. They rearranged when I won and lost without changing whether I won more than I lost.
 
the martingale...

yes...

the specific appeal at a bad time: the system told me exactly what to do next... no judgment required... just follow the sequence...

the judgment that had been causing problems was removed...

losing run of seven... the next bet was £128...

i had £200 in the account...

placed it anyway...

lost...

the mathematical elegance of the martingale: yes, if you have infinite money and there are no table limits, you eventually recover...

the practical implementation with finite money and a run of bad results: you either hit the bankroll limit or the operator's maximum stake before the recovery arrives...

the internet article about the martingale that i read didn't prominently feature the "infinite money" requirement...
 
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