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Utilizing Bitcoin Gambling Strategies and Systems for Profitability
Bitcoin gambling is quickly becoming more popular than traditional online gambling. Faster transaction speeds, anonymity and better transparency are some of the reasons why new players prefer gambling with Bitcoin and why veteran gamblers are gradually migrating to crypto casinos.
Despite all the risks associated with it, gambling is fun and entertaining, which is how the majority of players see it. For the rest, though, gambling is all about making a profit.
In case you happen to be one of the latter and are looking for a way to earn money from gambling, you should know that having a gambling strategy or a system in place is essential, especially if you gamble frequently.
The good news? Weâve got just that for you.
To help you get started, weâve prepared some of the most popular strategies used by experienced casino players. We will show you their pros and cons, help you pick a strategy that suits you the most, and even give you a few tips on how to manage your bankroll and gamble responsibly.
Understanding Bitcoin Gambling Strategies and Systems
Bitcoin gambling strategies are designed to maximize playersâ chances of winning in various games of chance and are most often used when betting on sports or playing casino games.
Unlike some strategies that are based entirely on luck and wonât get you far in life, skill-based strategies utilize risk management principles, probability, statistical analysis, and many other models and principles that make them much more reliable than luck-based strategies.
However, before you get ahead of yourself, make sure to remember that no gambling strategy is foolproof. Even though skill-based strategies are backed up by math and probability, luck still plays a major role in casino games, and you should prepare yourself for both wins and losses.
While a good tried and tested gambling strategy may help you make a profit and minimize your losses, gambling is inherently unpredictable, and no strategy will help you win all the time, so be wary of systems that promise you riches.
Despite that, no strategy is the same and some strategies are used more often than seasoned punters and gamblers simply for performing better than the rest.
Popular Bitcoin Gambling Strategies
Believe it or not, there are dozens of betting strategies you can use for playing in a casino or sports betting. However, before you decide on which strategy you should use, there are several different aspects you should consider.
First things first, you should know that most strategies are designed for specific games. For example, the Martingale strategy is most often used in roulette or blackjack, while strategies like value betting are popular among sports bettors and poker players.
Granted, while you may use any strategy however you see fit, chances are the strategy wonât be as effective.
Similarly, you should keep in mind that some strategies are better suited for smaller budgets while others require you to have a hefty bankroll in order to make the most of the strategy and push through a series of unfortunate bad beats.
With that in mind, here are some of the most popular strategies often used by gamblers.
DâAlembert Strategy
DâAlembert strategy is ideal for even money wagers. Because of that, DâAlembertâs strategy is most often used at the roulette table.
The idea behind DâAlembertâs strategy is that red should come up around the same number of times as black during a roulette session, so you should either finish the run dead even or make a profit. In theory, at least.
To use DâAlembertâs strategy, and many other betting strategies, the first thing you should do is determine your base unit size. The unit size depends entirely on your budget, and it can be $1, $5, $50, or any other amount. It can also be a percentage of your entire bankroll.
Once you have your unit size, the next step is to simply begin a cycle and stake one unit when placing a bet.
In case you made a losing wager, you should increase your next bet by another unit. For example, if your unit size is $5, you should bet $10 the next time. If you lose again, you should add another unit size to your previous bet, meaning your next bet should be $15.
If you win, you should decrease your current wager by one unit size. If your previous wager was $15, the next time you bet you should stake $10.
Thatâs itâthatâs all there is to DâAlembertâs betting strategy.
Paroli Strategy
Paroli betting system is most often used in roulette and blackjack. The idea behind this system is that wins and losses should, technically, come in streaks, and the goal of Paroliâs betting strategy is to land three consecutive wins in a row, all whilst doubling the wager whenever you land a win.
As is the case with DâAlembertâs strategy, you should begin the cycle by betting a single unit on an even money outcome, such as black or red at the roulette table.
In case you make a losing wager, simply make another bet and stake a single unit.
If case your first wager is a winning one, you should double your current wager, meaning you should bet two units.
If your second wager is a losing one, you should revert to betting a single unit. However, in case you land a winning wager, you should double your current wager once more, meaning you should bet four units.
After your third wager, you should reset the progress and begin a new cycle by betting a single unit, regardless of whether you won or lost the previous bet.
Martingale Strategy
The Martingale system is another even money betting strategy, making it ideal for roulette betting.
The idea behind this strategy is to double your initial wager each time you lose a bet. By continuously doubling your initial bet, you should recover any previous losses once you land a winning bet, and also make a small profit.
To use Martingaleâs strategy, you should start your cycle by betting a single unit on either red or black.
In case you lose your wager, double your bet. For example, if you bet $1 and lost, you should bet $2 next. In case you lose again, bet $4, then $8, then $16, and so forth. You should keep doubling your wager whenever you lose a bet.
Once you land a winning bet, reset the cycle and bet a single unit once again, which would be $1 in this example.
Assessing the Pros and Cons of Bitcoin Gambling Strategies
As we mentioned earlier, no betting strategy is foolproof, and even though these strategies make perfect sense in theory, the reality may be much more different.
For example, the Paroli system has minimal risk to it, since youâre increasing bet size with every win and the money you win from betting, rather than dipping into your own bankroll. It can also net you maximum profits if you manage to land three consecutive wins.
Unfortunately, that is not always the case, and you may lose a lot of money trying to land three consecutive wins and decide to call it quits.
On the other hand, Martingale is easy to learn and even easier to apply. It can help you recover from early losses, but at the same time, it is also significantly riskier than the Paroli system. Not only that, but it can quickly deplete your bankroll with just a few bad beats.
When it comes to DâAlembertâs strategy, this system is fairly balancedâit is a tad riskier than Paroliâs strategy but not as aggressive as Martingaleâs system.
However, the DâAlembert system doesnât improve your odds at the table, meaning you will be facing the same house edge as usual, and you might struggle to make a profit in the long run.
Each of these strategies has its own pros and cons, and which one you should use depends on your bankroll and your play style.
The good news is that there are plenty of other strategies out there, and if you would like to explore your options, some of the most popular ones include strategies like the Andrucci system, Fibonacciâs strategy, value betting, Oscarâs Grind, and Labouchereâs system.
Developing a Personalized Bitcoin Gambling Strategy
Once you have a good understanding of some of the most popular and effective gambling strategies, it will become significantly easier to pick a gambling strategy that suits your bankroll and play style the most.
Of course, you donât have to stick to a single strategy. If a particular system is not working out for you, you can evaluate your previous records and select a new strategy that might be a better fit.
Similarly, you can also find inspiration from one or even a few strategies we included and develop a personalized strategy that caters to your needs.
To do that, the first step is to identify your personal goals. After that, you should take personal preference, bankroll, play style, and risk tolerance into consideration and develop a strategy that is unique to you and quite possibly even more effective than the strategies we provided.
Tips for Implementing Bitcoin Gambling Strategies
Apart from the strategies we mentioned, there are several other aspects you should master that will help you make a profit in the long run, one of which is bankroll management.
So, what is bankroll management exactly, and how does it work? More importantly, why is it important for gambling?
Bankroll refers to all the money you set aside for gambling, and it can be a weekly or a monthly amount. Many of the strategies require you to bet flat unit sizes or small percentages of your entire bankrollâthe amount you should wager per bet depends on how aggressive your playing style is, and your budget.
As far as bankroll management goes, think of it as a long-term strategy designed to help you minimize your losses, resulting in an overall profit. Simply put, it is how you manage the money you use for gambling.
In addition to bankroll management, you should carefully select the game you want to play at a casinoâpick a game with favorable odds and a low house edge.
Of course, make sure to understand the rules inside and out, so that you can make the most of any strategy you decide to use.
Lastly, make sure that you are gambling responsibly. Even though leading online operators regularly advocate for responsible gambling, a good chunk of that responsibility falls onto players as well.
In other words, bankroll management is only as good as your discipline. Strategy or not, bad streaks happen to everyone, so you should try your best to always stay levelheaded. Instead of betting with emotion, make sure that every bet you make is practical and well-calculated.
The Wrap Up
Gambling strategies are a must-have for anyone serious about gambling and any players who plan to make a profit from gambling.
While we have mentioned only a handful of strategies in our guide, you should remember that you are not limited to a single strategy. Instead of sticking to one strategy, you can always mix things up a little and find a strategy that works the best for you, your playstyle, and your bankroll.
The most important thing is to make sure you always stick to your budget. Gambling is inherently risky and everybody loses, even seasoned gamblers. No matter how effective your strategy is, you are always at risk of suffering a bad streak and losing money.
Therefore, it is extremely important that you gamble responsiblyâbet only with the money you can afford to lose, donât chase your losses and make sure you stop and take a short break if gambling is affecting you negatively.
Gambling in the USA
BMM INNOVATION GROUP SHOWCASES ITS SUPPORT FOR TRIBAL SOVEREIGNTY AT INDIAN GAMING CONFERENCE & EXPO MARCH 31 – APRIL 3 AT SAN DIEGO CONVENTION CENTER
Company to sponsor, attend, and speak at the San Diego, California show.
BMM Innovation Group (âBMM,â âBIG Group,â or âBIGâ), a technology conglomerate focused on product compliance testing, cybersecurity solutions, and virtual training for the global gaming industry, today announced its sponsorship and participation in the Indian Gaming Associationâs (âIGAâ) annual IGA Conference & Expo, March 31-April 3 at the San Diego Convention Center.
With over three decades of experience supporting Tribal gaming, BIG will be on-site as sponsors, speakers, and attendees to reinforce the Companyâs steadfast commitment to Tribal sovereignty and self-regulation.
Proud Partners in Tribal Progress
The BIG Groupâs Chairman, President, and Chief Executive Officer Martin Storm said, âBMM proudly partners with Tribal governments, Tribal casinos, and Tribal gaming equipment and technology suppliers to advance Tribal sovereignty, self-determination, and economic development. We are honored to continue supporting the growth and integrity of Tribal gaming through our trusted product compliance services, world-class training and virtual education, and our cybersecurity solutions to protect Tribal enterprises.â
BMMâs long-standing relationships with Tribal gaming suppliers and regulators are at the heart of its mission. As active members of IGA and other key Tribal organizations, BIG is committed to elevating Tribal voices and ensuring Tribal interests remain at the forefront of industry growth.
BIG Group Shares Thought Leadership on Conference Panels and Trainings
- In addition to sponsoring and attending, the BIG Groupâs expert thought leaders will speak and provide in-person training at the conference:
- Tuesday, April 1 at 9 am: Innovation vs. Regulation: Keep Pace with Emerging Gaming Technologies â Sean Mason, Senior Director of Tribal Services
- Tuesday, April 1 at 4 pm: Gaming and Cyber Risk Best Practices â Mitigate Risk and Sleep Better at Night â Heather Lee, Senior Director of Sales for BIG Cyber
- Wednesday, April 2 at 9 am: Level III Commissioner Certification Training â Peter Nikiper, Director of Technical Compliance
Unmatched Expertise in Product Compliance and Certification
As a trusted testing laboratory for Tribal gaming jurisdictions across North America, BMMâs focus is fairness, integrity, and security in every gaming environment. IGA attendees are invited to connect with BMM experts to learn more about the Companyâs comprehensive product compliance programs.
Education & Training for Long-Term Success
BIG continues to empower Tribal gaming employees through exclusive education and training programs, including free access to RG24seven Virtual Training. These knowledge-sharing initiatives are designed to support responsible gaming, regulatory compliance, and the long-term sustainability of Tribal gaming operations.
Cybersecurity Solutions Tailored for Tribal Gaming
The BIG Group is focused on bolstering cybersecurity defenses for Tribal enterprises through its BIG Cyber services, which includes penetration testing, vulnerability assessments, PCI:DSS evaluations, and a host of managed security services featuring CYREBROâs Security Operations Center, KnowBe4âs security awareness training, and Maxxsureâs risk management platform.
Internet Vikings, a licensed in-state hosting provider for the U.S. iGaming and online sports betting industry, is announcing that itâs supporting Plannatech, a large B2B Provider, now stepping into the B2C space, in its expansion within the United States through an agreement to provide VMware cloud hosting solutions in Arizona.
Plannatech, leveraging the well-established Betcris brand from the America’s sports betting industry, has selected Internet Vikings for its structured setup processes, stable hosting environment, and technical expertise. This agreement ensures that the B2C iGaming and sportsbook operator benefits from a highly secure and reliable infrastructure, with Internet Vikingsâ responsive support playing a crucial role in maintaining smooth operations.
âThis is our 2nd state with Internet Vikings, who has been an absolute pleasure working with in providing the solid hosting infrastructure we need as we now expand into Arizona this time as the Operator,â said Adam Bjorn, CEO at Plannatech.
âWe value our partnership with Plannatech and extending our VMware cloud hosting solutions to Arizona was the perfect next step as they bring new strategic offerings to the U.S. market,â said Rickard Vikström, CEO and Founder of Internet Vikings.
The Arizona sports betting market has seen impressive growth rates, with total handle reaching $791.2M in October 2024. While several operators have struggled to gain traction, Plannatech, utilizing the Betcris brand, is taking a strategic approach and leveraging its extensive experience in competitive markets. By choosing Internet Vikings as their hosting partner, Plannatech ensures a strong, compliant, and resilient digital presence as they expand their U.S. operations.
Looking Back: Growth & Achievements
FBMDS is celebrating five years of expansion and innovation. How would you describe the brandâs journey during this time?
Our journey over the past five years has been one of bold moves, strategic growth, and relentless innovation. As part of the FBMÂź Group, we began as pioneers in Video Bingo, but our vision extended far beyond that. We have focused on delivering profitable products to our clients and engaging gaming experiences to players. By expanding into multiple gaming categories and strengthening our global presence in key markets like Mexico and Brazil, we have redefined what a localized, player-centric gaming experience should be.
What were the key milestones that shaped FBMDSâ success over the past five years?
Several milestones have defined our success. First, our solidification as a market leader in Video Bingo and Lotto Games, setting the gold standard with best-seller products like Multi Mega, Power Pick Lotto, and Champion IV. Our leadership in Video Bingo is reinforced by unique features like the jackpot system, Magic Ball, and attractive paytables, all of which drive engagement and retention.
Second, our presence at international trade shows has played a crucial role in strengthening relationships with key partners and clients while reinforcing our brand positioning, as seen in events like G2E Las Vegas 2024. Lastly, our rapid expansion in the LATAM region, particularly in Mexico and Brazil, has solidified FBMDS as a trusted and respected brand in a highly competitive landscape.
What has been the most significant challenge, and how did FBMDS overcome it?
The online gaming industry is highly competitive, and differentiation is key. Our challenge was to deliver games that not only stood out but also ensured profitability for operators and engaging experiences for players. We tackled this by investing in customization, localization, and innovationâensuring that every product aligns with the preferences of specific markets. Our ability to adapt game mechanics, themes, and retention strategies has positioned us ahead of the competition, creating unique gaming experiences that drive business success.
Product Evolution & Market Leadership
FBMDS has built a strong reputation in Video Bingo. How has this segment evolved, and what makes FBMDS a leader in this category?
Video Bingo is our DNA, and we have continuously pushed its evolution by refining gameplay mechanics, introducing engaging themes, and incorporating advanced technology to enhance user experience. Our commitment to differentiation sets us apart: our jackpot feature, the Magic Ball, and attractive paytables are tailored to maximize player engagement and operator profitability. Customization is at the heart of our strategy, ensuring our games resonate with local markets and drive long-term success.
Among FBMDSâ product portfolio, do you have a personal favorite? Why?
Itâs hard to pick just one, but Iâd highlight our Video Bingo games because they represent our legacy and continued leadership in the industry. We believe Video Bingo is an essential asset for any online casino, as it offers a nostalgic yet modern experience, combining interactive features with high retention rates. Our jackpot system enhances player excitement, while innovative game mechanics keep engagement levels high. In addition, our crash games showcase our adaptability and innovation, delivering high-quality visuals and dynamic gameplay. These two categories reflect our strategic pillars: player engagement and profitable gaming solutions for operators.
Future Outlook & Expansion Plans
Looking ahead, whatâs the vision for FBMDSâ next five years?
We are just getting started. Our vision is to expand our influence by continuously delivering innovative and engaging gaming experiences that drive profitability for operators. While we maintain our leadership in Video Bingo, we are also focused on strengthening our position in other gaming verticals. We will continue investing in localized, player-driven innovation, ensuring that every product we launch enhances both player experience and operator success.
Brazil is a key market with huge potential. How does FBMDS plan to strengthen its presence in this region?
Brazil is a strategic priority for us. With regulatory developments and increasing demand for online gaming, we see tremendous opportunities to expand. Our approach is centered on offering tailored gaming experiences that resonate with Brazilian players, ensuring our products align with their cultural and gaming preferences. Additionally, we are forging strategic partnerships with operators to facilitate seamless and impactful expansion in the region, ensuring that our games drive engagement and profitability for our partners.
Innovation & Whatâs Next
Can you share any insights about upcoming products or features that FBMDS is working on?
Absolutely. We are developing a new generation of Video Bingo games featuring advanced jackpot systems, enhanced gameplay mechanics, and even more engaging features tailored to player preferences. Our goal is to create experiences that keep players entertained while maximizing operator revenue. In addition, we are working on new slots and bonus structures designed to drive engagement and profitability, ensuring that FBMDS remains at the forefront of gaming innovation.
What can operators and players expect from FBMDS in the near future?
A: More expansion, more innovation, and an even stronger, more diverse gaming portfolio. Players can expect cutting-edge experiences featuring interactive and rewarding mechanics, while operators will benefit from flexible, high-performance gaming solutions designed to optimize engagement and profitability. We are committed to maintaining our leadership in Video Bingo while continuously evolving to meet market demands.
Final Thoughts
After five years of continuous growth, what message would you like to share with FBMDSâ partners and players?
First and foremost, a heartfelt thank you to our players, partners, and the entire FBMDS team. Your trust and support have been instrumental in our journey. As we move forward, we remain committed to delivering exceptional gaming experiences, driving profitability for our partners, and continuously pushing the boundaries of innovation. The best is yet to come!
If you had to describe FBMDSâ journey in one word, what would it be?
Transformational.
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