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Gambling Money Management Systems

The best money management advice that I came across with is "never gamble with the money tat you can't afford to lose."

But, let's say you're already in a casino or you're logged into your favorite online sports book...

Betting systems based on raising and lowering your bets are oftentimes referred to as money management gambling systems. These money management systems generally fall into two categories:

  • negative betting progression
  • positive betting progression

There has been much debate about whether or not a positive progression system will increase your profits when you gamble. Many math experts say that in the long run it will not make you any more money than if you had bet the same amount each time. However since you are only playing for a limited amount of time a positive progression may win you more if you catch a lucky winning streak.

You can use a positive progression when you are playing any casino game but it works best in the game of Craps. There are many times when a shooter will have a long roll and you can use a progression to increase your winnings.

A positive progression cannot hurt you because you are only increasing your bet after a win. If you feel that you want to try a betting system, this is the one to use. The secret to successfully using a positive progression is to make sure you collect enough winning to make a small profit before you start to raise your bets. Many players will raise their bets before they have locked up a profit and when they lose they have not won any money. Make sure to collect a few winning bets first.