Online Casinos - Different Money Management Types

Find Top Online Casinos rated and reviewed based on casino payouts, fairness of odds, game selection, and customer support.

Different Money Management Types

Before you get into all the different actual named money management systems that you can use when playing at online casinos, you should review and get to understand the three major types of betting systems. The following three types of betting systems will help you understand the concepts of the named money management systems.

Positive Progression Betting Systems:

Any money management system that is of this type will have you increase your wager after winning a hand or round. You may even already be familiar with the coined phrase 'let it ride'. This refers to positive progression betting systems. Many online casino players find this to be a favorite type of betting system simply because they don't need to have a big bank-roll to use this type of betting system. If you are the type of online casino player that wants to take full advantage of streaks (winning, not losing streaks) this is the type of betting system for you.

Negative Progression Betting Systems:

Negative progression betting systems will have you increase the amount of your wager when you lose a hand or round. Because you will have to increase the amount of your wager after a loss, you will need to have more money to play with (larger bank-roll). The idea here is to impose a positive and winning situation out of a losing streak. As you are probably already thinking, these types of betting systems can be of considerable risk. In fact, many people playing at online casinos will agree. While these types of betting systems are exciting when they come out right, try to steer clear of them.

Insurance betting systems:

Insurance type of betting systems will have you lower the amount of your wager after you win a hand or round. BY using this type of betting system, you will be playing it on the safe side. Best used after a higher starting wager or after you have won short progressive wins.

There you have it, now that you have taken into consideration the different types of betting systems, when you read the different named money management systems, you will understand them even better.