Half-Bankroll Betting Strategy
There are plenty of betting strategies that people use to try and even the playing field against the house, with some of them being pretty effective… while others just aren’t. One of the effective systems that people use is the half-bankroll strategy.
The half bankroll strategy is based on the idea that the longer you play the more you will lose, so in response, the shorter you play should mean the better your chances of winning big.
The half bankroll sports betting strategy is considered a better alternative to the full bankroll strategy because the latter requires you to bet your whole bankroll on one bet. The strategy is a boom or bust strategy, because you either double your entire bankroll in one play, or lose the entire thing at once. Winning surely is nice, because you get to double your starting cash without having to play for a long time, especially since there are no guarantees that you would be able to double your stake if you had played longer. On the flip side, if you lose all your stake money at once, you won’t have any more cash to bet with, unless you use funds that weren’t designated for betting, which is never a good idea.
With half bankroll betting, you can still make a lot of money quickly, and don’t have to worry about losing your entire betting stake in one hand. The premise of the strategy is to bet half of your stake money on one hand, if you win, you have your original stake money back, as well as the half you didn’t spend, and if you lose, you will still have half of your stake money left over.
In some cases, people use half bankroll betting in different variations. One of the most popular variations is splitting your entire stake money into two, then splitting the half that you want to use to bet into two as well. This allows you to place two big bets instead of one, that way if you lose one of the bets you still have your full stake money left, and if you win both, you get your full stake money and a half. Even if you lose both, you still have half of your stake money left. This system makes betting a lot more interesting and it is also less risky than betting your whole stake on one play.
To help you understand the system better, here is a breakdown of the four possible outcomes when placing two bets using the half bankroll system.
Scenario 1: Win, Win: You double your money.
Scenario 2: Lose, Lose: You lost all your money.
Scenario 3: Win, Lose: You break even.
Scenario 4: Lose, Win: You break even.
What this tells us is that you are more likely to break even than to lose all your money. If you are going to use the half bankroll system, but you intend to quit if you lose your first play, the possible scenarios are:
Scenario 1: Win, Win: You doubled your money. This has a 24.3% chance of happening.
Scenario 2: Win, Lose: You will break even. This has a 25% chance of happening.
Scenario 3: Lose: You will lose half of your money. This has a 50.7% chance of happening.
The probability of you losing is greater than the probability of winning, but the fact remains that the worst case scenario will only cost you half of your betting stake.
If you plan to use the half betting system and intend to quit if you win your first hand, the possible scenarios are:
Scenario 1: Win: This means that you are up by half. This has a 49.3% chance of happening.
Scenario 2: Lose, Win: You are going to break even. This has a 25% chance of happening.
Scenario 3: Lose, Lose: You will lose everything. This has a 25.7% chance of happening.
This betting situation provides you with a better chance of winning your bet, but you only win half of the stake money back, and if you lose, you lose everything.
This is how the half bankroll betting system works, as previously mentioned, it has been a successful strategy for a lot of people, but like every other betting strategy, there is nothing guaranteed.