You must have heard of sports betting systems. These are nothing but sets of repeated rules or practices which bettors use to make their picks. So, whether you are betting on NFL games or UFC wrestlers, you need to make use of a betting system. While is appears to be simple, betting systems can be more complex than you thought. In such systems, you need to use many difficult formulas and mathematical calculations to pick out winners.
What are Benefits of Using Betting Systems?
When using a sports betting system, you need to know that it can have a whole lot of rules or limited parameters depending on what its creator feels is needed. Such parameters will include things which can affect a game’s outcome like game location, player statistics, past team wins and losses, weather, etc. If you start betting without a proper betting system in place, you may run into losses or make unexpected wins. And it takes great self-control not to chase losses or try winning big. This is why all seasoned bettors use betting systems. A good betting system will maximize your wins, minimize your losses, and establish checks-and-balances for your bankroll. Besides, professional bettors keep upgrading their betting system in order to make these more effective.
How do Betting Systems Work?
Negative Progression Systems: This is based upon the principle that losing a bet is negative. So, you increase stakes when you lose; the idea is to compensate for losses by winning the current bet. This betting system may be successful but needs to be used carefully. If you happen to be on a losing streak, the system can leave you in financial trouble. It has 3 sub-strategies:
- Martingale Staking Plan: This involves betting progressively each time you lose. So if you lose a bet, you can double it and continue doing so until you finally win. Gains can be high but so are the risks.
- D’Alembert Betting Theory: This is like the Martingale plan except that bets are increased comparatively slowly. Slow rise indicates that it can minimize risks but it will not be able to recover losses as fast as the Martingale strategy.
- Labouchere Betting System: This betting system divides your bet into many wager amounts; this way they are not exhausted all at the same time. To win $ 100, you need to split this into smaller amounts like $20s, $10s, and $40. Potential winnings after the first wager are the sum of the first and last units.
Positive Progression Systems: These are where you raise stakes after every win. So, when you are losing continuously, it will not allow you to recover your losses.
- Paroli Formula: This is for “even wager” betting. Experts recommend starting off with a 2% base stake which you may double every time you win. When you have won thrice in a row, you can drop the bet down to the original stake.
- Parlay System: This refers to many wagers in one where you can reinvest your earnings from one wager into another.
Others forms of betting system are variable, fixed and proportionate systems. Fixed ones are those where you have a fixed amount for every wager; variable is just the opposite. You make wagers depending on different criteria. Proportionate systems demand betting part of the bankroll and increasing by the same percentage when you win. Every betting system works in specific situations; you need to find which suits your betting style.