Thursday, October 9, 2008

FLAT BETTING SYSTEM

Betting the same fixed amount on each play is known as Flat Betting. With this simple strategy you establish a bet size, say $100, and you bet this same amount each time whether you win or lose. Of course this flat bet size could be too large or too small in proportion to your bankroll if your stake grows from $1000 to $5000, or shrinks back down to $500! On the upside, the Flat Bet is very conservative, although its fixed amount bet constrains bankroll growth and makes it difficult to have a really outstanding year. On the downside, a severe string of losses can completely decimate a Flat Betting bankroll as the bet size becomes increasingly over-sized relative to a shrinking bankroll! It is widely believed that professional gamblers bet flat. The reasons for their choice might be the following:

Stakes are adjusted, if adjusted at all, according to odds (probabilities), not the recent history.
Stakes are usually small comparing to the gambling fund, thus the mental pressure is not so tough, and the prospect of bankruptcy is not so preeminent.
The profit shifts nice and easy, roller coaster ride excluded. Many take this to be a very healthy feature.
Ideal for flat beting are spreads and unders/overs in US Sports.

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