Aspect | Description |
---|---|
Risk Level | High |
Best For | Players with a large bankroll |
Key Concept | Doubling the bet after each loss |
This is one of the most famous betting systems, based on doubling your bet after each loss. Works well with nearly all crypto casino games, including roulette, slots, and even Plinko crypto games.
The idea is that when you eventually win, you recover all previous losses and make a profit equal to your initial bet. But be wary, as you’ll need access to a substantial bankroll. You are also likely to hit the maximum stake limits fast, in case of consecutive losses.
Let me use a hypothetical example to show you how this strategy can work out while placing consecutive bets, with a starting stake of $10.
Bet Number | Amount | Spin Outcome | Profit from Win | Cumulative Profit/Loss |
---|---|---|---|---|
1 | $10 | Loss | $0 | -$10 |
2 | $20 | Loss | $0 | -$30 |
3 | $40 | Win | $80 | $10 |
In the example above, I spent a total of $70 in wagers. Assuming an even-money bet, my $40 wins me a $40 payout, which results in a total return of $80. My overall profit is $10 ($80 - $70).