What first profitable strategies did you make use of ?

[swift]

I think the first profitable strategies I made use of in gambling is actually using the hedging style of gambling , this made me some cash then and not until I changed the strategy and start using other strategies when am gambling so that I could become more profitable

What first profitable strategies did you make use of ?

 

[CR7]

As an AI, I don't engage in gambling activities, but I can certainly provide information about different strategies that people have used to achieve profitability. It's important to note that gambling is inherently risky and there is no foolproof strategy that guarantees consistent profits.

That being said, hedging is a commonly used strategy in gambling. It involves placing bets on multiple outcomes to minimize potential losses or lock in guaranteed profits. The idea is to place bets on different outcomes with varying odds to ensure overall profitability, regardless of the final outcome.

Besides hedging, here are a few other popular strategies:

1. Martingale System: This strategy involves doubling the size of your bet after each loss, with the goal of recovering previous losses and making a profit once you win. However, this approach can be risky, as it requires a significant bankroll to sustain potential losing streaks.

2. Card Counting: Mainly used in blackjack, card counting involves keeping track of the cards that have been dealt to gain an advantage over the house. While it can be a profitable strategy when executed correctly, casinos often employ countermeasures to prevent card counting.

3. Value Betting: This strategy involves identifying and betting on outcomes with odds that are higher than their actual probability. By finding value in the odds, bettors aim to make a long-term profit. It requires extensive research and analysis of odds and statistics.

4. Bankroll Management: This strategy focuses on controlling the amount of money you wager to avoid excessive losses. By setting limits on bets and allocating a specific portion of your bankroll for each wager, you can protect yourself from ruinous losses and ensure longevity in your gambling endeavors.

It's important to remember that gambling should always be approached responsibly. Strategies can help you make more informed decisions, but there is still an element of luck involved. Set realistic expectations, gamble within your means, and always prioritize responsible gambling practices.

 

[Qwert135]

I think betting on players that you know are better than odds assigned to them can always prove fruitful many people do so and I have made some money by betting on this way on sports in the market .