4rabet: A way to improve your betting skills

As you can see, some betting systems are more profitable than others, but they can also make you lose money faster.

4rabet lists five systems – which letter do you think each description corresponds to?

Strategy 1: Give it a try every time
Bet all your money every time. The advantage is that you can get huge profits quickly. shortcoming? If you lose once, you will lose all your funds and exit the game.

Strategy 2: Fixed Bet
Bet a fixed amount every time and it won’t change no matter how much you win. In this example, the stake is $100. If your win rate is 55% and the odds are 2, this method means you significantly reduce the chance of losing your entire bet. Unfortunately, this means your winnings can only increase in a “slow and steady” manner.

Strategy 3: Martingale
After any failure, double your bet and use the winnings from your next bet to make up for your previous losses. This way your winnings increase faster than the fixed stake method (because you double your bet to make up for your previous losses). However, if there is a losing streak, you still have to keep doubling down to make up for your previous losses, and you will soon be betting a lot of money.

Strategy 4: Fibonacci
Increase bets in Fibonacci order and use winnings from the next bet to make up for previous losses. This method has similar disadvantages to the Martingale sports betting method, but it reduces the rate at which bets increase on a losing streak (and therefore, the rate at which winnings are won).

Strategy 5: Proportional Betting
Bet a bankroll proportional to your edge. In this simulation we use
Kelly criterion formula
Calculate proportional bets. With this method, the bet is equal to the edge divided by the odds. In this example, the advantage is 10% and the odds are 1 to 1, so 10 / 1 equals 10.

Therefore, the stake is 10% of $1000: $100. If the bet is successful, the next bet will be increased to $110, which is 10% of the total bankroll of 1100. This means winnings increase faster than on a fixed stakes system and are lost at a reduced rate.