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Thursday, July 9, 2009

Betting System: Let It Ride


The Let it Ride also called “Parlay” betting system is one of the oldest forms of wagering, it was originally derived from the same concepts used by the banks to compound interest. This System is believed to cover some of the flaws of the Martingale Betting System. This a positive betting system similar to the Paroli Betting System

It has the effect of ‘pyramiding’ your profit. Pyramiding is a parlay wager where the original bet plus your original winnings are played on successive bets. Start this by betting any amount and if this initial bet wins and you decide to go for a three win streak. Add all the winnings into the bet and once you win three in a row, return to the original wager. The other time that you would return to your original bet is if you lose at any point. Wait for another win before trying to "let it ride" again. Don't try to employ this betting strategy in the middle of a losing streak. This is one of the dumbest things you could do. Let It Ride Betting System is commonly used in horse race betting, but it can be also used successfully in the game of blackjack.

The Let It Ride Betting System works well with almost all bet management and game strategies.The good thing about this system is it doesnt require a huge bankroll to successfully and take advantage of win streaks. This Betting System offers the less amount of risk of all wagers since the player is only concerned with either a win, place or show selection or a combination of the three.

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