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10 Percent Strategy

This is a simple strategy that anyone can use, and is effective.


This strategy is recommended for players with the following characteristics.

* Players looking for a simpler betting strategy

* Players that have difficulty in deciding


What is the 10 percent strategy?

Overview

Always bet 10% of your betting budget.


Method

  1. Choose a game with two choices for a bet and a payout of 1 time the bet amount, for example the Red/Black bet in roulette.
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  2. Decide on your betting budget. Here, we will use a budget of $100, so 10% of that is $10.
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  3. Bet the $10 on either red or black.
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  4. If you lose, your budget decreases to $90, so your next bet will be 10% of that which is $9.
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  5. If you lose again, your budget decreases to $81, so your next bet will be 10% of that which is $8.10, but round this up to $9.
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  6. Repeat steps 4 to 5.
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  7. If you had won on your first bet, your budget would be $110, so your next bet will be 10% of that which is $11.
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  8. If you win, your budget will be $121, so your next bet will be 10% of that which is $12.10, but round this up to $13.
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  9. Repeat steps 7 to 8.


You can use this for any bets when the probabily of winning each bet is half/half.
Just make sure to bet 10% of your betting budget every time. You can bet freely on whichever bet placement.


Budget
Bet Amount
64
7
72
8
81
9
90
9
100 (Starting Point)
10
110
11
121
13
134
14
148
15


The merits and demerits of this strategy




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