Betting strategies or betting systems are approaches to gambling intended to increase the odds of winning.
Independent Events
The following betting strategies have been recorded as being applied to games which operate on independent events. For such games, the odds of a particular outcome are identical for every bet played. No such strategy can [...]

American mathematician Dr. Edward O. Thorp is considered the father of card counting. His 1962 book Beat the Dealer (ISBN 0394703103) outlined various betting and playing strategies for optimal blackjack play. Although mathematically sound, some of the techniques described no longer apply as casinos took counter-measures (such as no longer dealing [...]

Originally, martingale referred to a class of betting strategies popular in 18th century France. The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler double [...]

Card counting is a card game strategy used to determine when a player has a probability advantage. The term is used almost exclusively to refer to the tracking of the ratio of high cards to low cards in blackjack, although theoretically card counting can be used in some other card games.
How card [...]

Albert Einstein is reputed to have stated, “You cannot beat a roulette table unless you steal money from it.”
And yet, the numerous even money bets in roulette have inspired many players over the years to attempt to beat the game by using one or more variations of a Martingale betting strategy, wherein [...]