Many mathematicians have tried and many of them have failed in formulating the best betting strategy. Each and every betting system has its pitfalls. This is regardless of how convincing power someone has to promote that theirs can guarantee your win.
Play Smart not Hard
But is this an indication that all of the betting strategies are useless? Basically no; there are some that have merit and offer long term or short term results, depending on how it will be used. The catch however is, finding out which among the betting systems are truly worth your time and money.
One of the betting strategies discussed below is something that you might want to give a shot, especially if you are playing games similar to roulette or baccarat.
Bet Less than 2% of Your Bankroll
A typical scenario among casual gamers is walking into the casino with some money say like 100 dollars and betting between 5 to 15 dollars. This sounds harmless, if you gamble with an expendable income. The thing is, you are more likely to run dry eventually.
A good move is to bet only 2% of your bankroll or better yet, less of it. Professional amateur sports bettors are doing this in order to lower their short term risk.