The Most Popular Sports Betting Systems

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There are a number of different sports betting systems available to you. Here are some of the most popular types of sports betting systems. 

  • The parlay system exercises huge attraction for the gambler. It offers a peek at the opportunity to recover the losses and get rich within a short amount of time. The parlay system includes multiple bets. You first pick one game and bet on a winner. At the same time, you pick more successive games and bet on their outcomes also. If you win the first bet, you total winning will be placed as a wager on your next bet. If the second one wins, the total proceedings will be placed on the next bet and so on. So, obviously, if you have managed to pick winners for all your bets, you stand to win a substantial sum of money. Hence the parlay system is a favorite way in which the losing bettor tries to recover his losses. However, the bigger payoff is associated with bigger risk. The risk in the parlay system is that if even one of your bets does not come off, you lose the entire wager. You can place a maximum of twelve bets in a single parlay. Serious gamblers are generally not in favor of the parlay system. Long experience has taught them that slow and steady is the way to go. However, it continues to be highly popular among the impulsive bettors.
  • A variation on the above theme is the progressive parlay system. In this case also, you may make multiple bets, the maximum being twelve. Here you will receive some payment even if one of your wagers does not work out. However, in case all your hunches prove right, your payout will be less than the parlay system.
  • Another popular betting sports system is the Martingale system. Here you look at a wide variety of statistical factors before you pick the winning team. Once you have placed a wager, you will see whether it wins or loses. Whatever it does, the next bet that you place will be the double of the previous ones. While the chances of making a large amount of money over a comparatively short period of time are quite good, you must keep in mind that the opposite also holds true. A simple mathematical calculation will show that if you continue to back losers, your bankroll will diminish very fast. Though the Martingale system have been around for a long period of time and have been used successfully many times, the serious gamblers consider it to be quite a risky system. If you cannot pick your odds very well, then this is one of the quickest ways to lose your shirt.
  • Finally, another very popular type of sports betting system is the Paroli system. It is probably the most favored systems of the gamblers. It works in a somewhat opposite principal to the Martingale system. Here, once you have won a bet, you double your next wager. But if you have lost the bet you should cut your losses. The Paroli system is supposed to be a rational system of money management and you are less likely to lose all your money.

Remember, whatever sports betting system you choose, you are gambling. By definition, this will always include an element of risk and uncertainty.

Sports Betting Systems

The different Types of bets

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If you wish to elevate gambling to an art form and not merely keep it for occasional recreation, you will need a sound betting sports system. In fact, you cannot hope to win over the long term if you are not using a betting sports system. You may adapt any of the tried and tested systems available in the market, or you can evolve your own betting sports system as you gain more experience. 

Before you try to devise your own betting sports system, you need to be familiar with the common types of bets that are placed and their comparative advantages. These are as follows:

  • The simplest type of bet is called a single. Here, you need a single unqualified result to win your bet.
  • The successive bets are called a double, a treble and an accumulator. In these cases, you need to win at two, three and four or more number of selections to win the bet.
  • The most attractive but at the same time, the most elusive type of bet are the parlays. Here you make multiple bets, from four till twelve. You get paid only if you manage to win all your bets. If you lose even a single event, your entire wager is lost. On the other hand, if you manage to win all the bets, there is a substantial return. Most sports betting systems do not favor parlays and deems them too risky. However, they continue to be popular among the unwary public.
  • A variation on the above is progressive parlay. Here, the amount of wager increases with each successive amount. However, if you lose one bet, you are still paid some amount.
  • There are different types of multiple bets. These include a trixie, a treble, a Yankee, Lucky 15, Lucky 31, a Canadian, a Heinz, Lucky 63, a Super Heinz and a Goliath. Here you bet on different numbers of games in different games and states. You need to familiarize yourself with all these details if you aim to develop your own sports betting system.
  • One of the most popular types of bets is hedge betting. It is a way of limiting your losses. Here you bet on the different outcomes so that you always have a good chance of winning. Study the odds very well. You can then place your wager on a team to win. At the same time you can bet on the same team to lose. In order to emerge the winner, no matter what the result of the game is, you need to study the odds and the forms of the teams and other factors influencing the game in detail. If you manage to read the odds correctly, you will emerge the winner, no matter what the result is. Just calculate the odds accurately to maximize tour winnings.

You need to know the detailed working of these common types of bets. You can then use them in different combinations to devise sports betting system that works the best for you.

The Basic Types of Betting Sports Systems

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Betting sports systems refers to a combination of various factors which are used to analyze the performance of a team and predict the results. If you can do so with sufficient accuracy and place your bets accordingly, you will be able to emerge a winner. 

The basic types of betting sports systems are as follows:

  • The most common type of betting sports system is the progression system of betting. Here you first take note of your total bankroll. You bet about 2% to 3% of it. If you are very confident of the outcome you can bet up to 5% of your total fund. If you win, you continue with betting 2% or 3% of your increased bankroll. But, if you lose, you bet slightly larger amount. This is because if you win, you will be able to recoup your losses. In addition you will be able to make a profit. The progression system is a popular type of sports betting system because in a sport, there are only a few thing that can happen. This means the possible numbers of results are not many. The odds of picking a winner are quite good. If you adapt this system, keep in mind that the volume of your wager will gradually increase if you continue to lose. So it is better to study the odds very carefully and do your researches well before you start betting in this way.
  • Another common betting sports system is just the opposite of the one described above. It is known as the regression system of betting. Here, you start with betting a large amount of money in the first wager. If you win, you keep aside a portion of the money as your profit. Once you have locked in the profit, you should bet lesser amount than your first wager to gradually enhance your bankroll. However, if you happen to lose the first wager, you will have to bet even more amount later in order to recoup your losses. If you are very sure of winning, the regression system of sports betting is the best way to build up your profit. Remember that the regression system of sports betting is quite risky. You may lose a substantial sum at the first go.
  • A variation of the above system is the multiple regressions. You consider the various factors like win to lose ratio, the personal records of the players and the coach, injuries, local factors of importance like the weather, record of the teams over the past seasons, whether games at home ground offers any more advantages than those far away etc. Once you have put together these multiple factors, have confidence in your analysis and bet a large sum on the team you think will win.
  • Another common type of sports betting system revolves round the statistical anomalies. When you break down the results of each game from the simple win or lose formula to smaller components, you will be able to pick out many statistical anomalies. These involve the performance of the individual players, the influence of outside factors like weather, several psychological and situational factors and even the public opinion. In this type of betting sports system, a number of idiosyncratic factors are considered to make the wagers.

Tips to choose a bookmaker

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It is not only sufficient to choose the betting sports system with which you are most comfortable, you need to exercise great caution while choosing your bookmaker also. If you are new to the game, you should be careful not to fall prey to the unscrupulous persons who are operating in this area. Moreover, the operations of some bookmakers offer greater advantages to the bettor. You should know all the facts before making your wager. 

  • When you are first choosing a bookmaker, it is best to go to a well known name. If you are interested in the betting sports system, you must be aware of the major bookmaking operations as they advertise or are discussed on reputed magazines and newspapers. So, do not try someone completely unknown.
  • Before deciding to patronize a particular bookmaker, you should check out the deposit and the withdrawal system practiced by them. Like most reputable establishments, your chosen bookmaker should accept major credit cards. In order to keep track of your expenses, it is advisable to keep one credit card exclusively for use in betting sports.
  • The large bookmakers do not charge a high amount of fees for services rendered; rather, they depend upon their betting systems to generate profit. So, try to find the bookmaker who charges the least as service fees.  
  • You should first check how much is being charged for withdrawal. Many bookmakers allow the first withdrawal to be made for free. You should choose one of them. Also, look out for bookmakers who allow you to make at least one tax free withdrawal per month.
  • When you have become an enthusiast of the betting sports system, it is natural that you will want to bet on a vast variety of games and sports. So, you must have a bookmaker who offer you wagers on all the games and sports that you wish to bet on. Avoid bookmakers who restrict their operations to only a few games and sports. Similarly, if a bookmaker offers wagers only for the most well known games and ignores all others, you might reconsider using them. If the bookmaker is providing bets for Premiership and Calcio, but not for Division 2 and Segundo, they are not suitable for you. At the same time, you should also avoid those bookmakers who are not providing betting opportunities for the biggest and the most well known games. The final word is you should choose a bookmaker who will give you the widest number of choices.
  • The amount of starting deposit is yet another factor to consider. The average is $ 20. If a bookmaker is charging a much greater amount, your money will be blocked needlessly.
  • It is better to choose a bookmaker who allows you to make single bets. There are some who do not allow this, so verify before you make your choice.
  • If you need additional information about the bookmaker you have chosen, you can refer to the ranks assigned to them in the SBR Ranking (sports book review ranking). They give grades from A+ to F. this should give you an idea about the reputation of the bookmaker.

The bookmaker is a crucial part of the overall sports betting system. So, take your time and do your research well before you make your decision.

Tips to Avoid Common Betting Mistakes

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Whether you are new to betting sports system or a veteran, you are very likely to fall victim to some common pitfalls – “Common Betting Mistakes“. Here are some tips to avoid these common mistakes. But there is one most important rule. You must manage your money carefully. Do not get carried away by the flow of the game so much that you forget prudence and common sense. That way lies ruin. Once you have a firm hold on your money, here are the other mistakes which you must avoid. 

  • There is a popular way to control your money and to ensure that you never go broke when you are exploring a betting sports system. It is called the Kelly criterion after John L. Kelly who devised it. According to it, you should always bet a fixed percentage of your total fund. Suppose you have earmarked $5000 for betting. You should bet 5% of it. If you win, the next bet will be 5% of $5250 but if you lose, it will be 5% of what is left in your hands. The advantage is you will always retain some cash in hand.
  • The most common error is betting on a game without doing proper research, or on impulse or merely for entertainment. You may want to bet on a game about which you know little simply because you are watching it with your friends on TV. Well, you can place such bets once in a while for recreation, but they should be kept to a minimum and not take up serious money.
  • Place more faith on analysis of the team performance and research than on gut feelings.
  • There is no surety in a betting sports system. Past trends are not always a true precursor to the future. Similarly, psychological motivation has sometimes been overplayed. A team which has lost a previous match may be highly motivated to win the next one, but this hardly implies that the winning team is any less motivated to repeat its triumph. It is better to study current forms and performances to make your decision.
  • You may be tempted to place bets against teams which are performing badly, especially if they are playing against well known teams. However there is little profit to be made here. The bookmakers are quite aware of the trend and generally adjust their lines accordingly.
  • Online betting has removed much of the hassle from betting sports system. This ease of betting by a couple of clicks on the mouse tends to offer so much ease and convenience that you are sometimes lured in to making ill judged bets. Do not place impulse bets just because the process is easy. That will be an easy way to lose money.
  • While parlays offer a chance of high payouts, they are not risk free. Use parleys sparingly and only after considerable research.
  • Pick your teams well. It is not enough to analyze trends and forms. Chances are if a team is performing well in a season, it will probably continue to win more games.
  • Do not bet on too many games but also being over cautious and not betting on lesser known teams can cost you in the long run.

These are some of the common mistakes that anybody who is using the betting sports system can make. Be cool headed, logical and keep a tight control over your money if you want to work the system and triumph over it.

The Dos and the Don’ts of Betting Sports System

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There are certain well defined dos and don’ts in the betting sports system. If you are a newcomer to the game, you should familiarize yourself with these basic tenets in order to emerge victorious in the long run.

The dos of betting sports system 

  1. Keep a close watch on your money. This is the golden rule, one which will prevent you from going broke. While sports betting, you must remember that it is a long term prospect and it requires patience. Do not lose your all on one or a few bets. Professional gamblers typically do not bet more than 2% or 3% of their total fund. You can bet a maximum of 5% if you are very sure of the results. It may seem a tame and boring way of increasing your bankroll, but it works out the best in the long run.
  2. Always do your research before placing your wager. You may use a professional handicapper, but even then, it is best to do your own long term research and analysis.
  3. Bet only where you are truly expecting a positive outcome. You do not have to prove your love of the game by betting on every event.
  4. Bet with your head, not with your heart. Forget your old school and college allegiances and analyze the data carefully before placing your bet.
  5. Do place a few well selected bets rather than a number of small bets. There is no noticeable advantage in the latter course of action and you will face a lot of needless worries.
  6. Exercise caution and prudence while choosing your bookmaker. Check out the reviews and the terms and conditions before bestowing your patronage.
  7. Avoid the most common betting pitfalls. Above all, do be careful of odds that seem too good. They generally are. So beware of trap games.

The don’ts of betting sports system

  1. The most important taboo of the betting sports system is betting when you are not in the right mind. Fortunes have been lost while betting under the influence of alcohol. So, stay sober and stay solvent.
  2. Never chase a loss. When you are having a run of bad luck, you may become impatient and also alarmed at the dwindling size of your bankroll. In such a situation, if a game seems predictable, many people place a large bet to try to recoup their losses. This is actually a recipe for disaster. Veteran bettors know that that way lies ruin. Rather you need patience to recover your losses.
  3. Never bet on impulse. A night out with friends may seem to be an ideal opportunity to indulge in some lighthearted gambling, but keep such instances to a few. They have a nasty habit of building up your loss.
  4. While doing your research, do not place disproportional emphasis on a fluke or the most recent result. One win does not make a team a champion; nor does one loss make it the loser. Take into account the cumulative results and the forms of the players to make your choice.
  5. Though parlays offer attractive opportunities to get rich quick, it is best to avoid them.
  6. Do not bet haphazardly. Either develop your own betting sports system or copy someone else’s, but stick to it while making your wagers.

These are a few ground rules which will help you to enjoy financial success at sports betting.

The Most Favorite Betting Sports

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You can theoretically bet on anything in the world. You can even bet who is going to win the presidential election and who will be the next hottest item at the box office. However, the most serious betting occurs in various sports.  

How do you choose which sports to bet on? Betting is done on every type of sports, be it horse racing or formula one race, on hockey, basketball, football, baseball and even cricket. Gamblers choose that sports to bet which he enjoys and understands. You must keep in mind that unless you want to experience gambler’s ruin, you should never wager your money without understanding the ins and outs of the game you have chosen. So the popularity of a game for betting depends on the personal preferences of the bettor. 

That said, some games see a much larger amount of money riding on them. Here is a glimpse at the major sports targeted at which, gamblers have tried to evolve their unique betting sports system over the years.

  • One of the most popular betting sports is the American and the European football. The numbers of matches played are not very high. There is wide publicity regarding the form and the performances of each of the players and the coaches. You have to calculate comparatively small number of odds and the possible outcomes are also few. You will have to study less and devote less time to research. A large amount of money often change hands based on the results of the football matches.
  • The baseball betting system is even more popular. The American baseball attracts attention of the people from every walk of life. A large number of games are played every season. If you are a professional gambler and are building up your database to devise your very own successful sports betting system, you need to study a lot of materials. Suppose after your study, you conclude that if a team meets n number of criteria, you are going to bet on its winning. As a large number of games are played, more and more teams are likely to meet your prescribed n number of criteria, and the chances of your winning are more. Also, because a large number of games are played every season, you are allowed a number of opportunities to recoup your losses if you happen to make a bad judgment.
  • Another very popular sports is the American basketball. The factors are somewhat similar to those of baseball. Here also, a large number of games are played, allowing the serious bettor to build up an exhaustive database. You can then play accordingly and again, you have a fair chance of winning an even number of bets.

We have considered the three top favorite sports for betting, depending on the vast sums of money that change hands surrounding them. However, systematic betting is done on many other sports and the amount of money involved is gradually increasing as online betting makes the procedure extremely easy. Golf, car racing and cricket are other popular games where more and more betting is being done.

The Process of Sports Betting

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When you decide to bet on sports on a regular basis, you should follow certain steps. These are the basic rules which are very helpful to a newcomer, but even if you have been betting for a long time, you cannot afford to ignore these basic rules.

  1. Before you begin your explorations of the betting sports system, you need to familiarize yourself with the terms and jargons commonly used. This will help you to follow the news and make decision quickly.
  2. You should know about all the different types of bets which you can place. There are many types. Some have low risk but also low possibility of gain. Others are high risk. Again, in some cases the risks are well distributed. Whatever the type of bet that you choose, it is important that you make an informed decision. So familiarize yourself with the different types of bets o offered before making your choice.
  3. The next step is one of the most important in general betting sports systems. This is learning to read the odds. It may seem to be a daunting task at first but people have been doing it for hundreds of years. Here are the most widely used odds;
  • Against the spread odds – In these cases, you not only bet which team will win a game but also by how many points. If it is simply a question of picking the winner, it is not very difficult as you just choose the team which is performing constantly well. But in case of ATS odds you have to wager by how many points the team must win. Suppose you have picked that the team must win by 10 points. If it wins by 9 points, you lose your wager. You only win if the team wins by 10 points or more.
  • Money line odds – These are much simpler. You just bet on a team of your choice to win. This is generally applied to games where the margin of points is too small to make ATS odds possible. Golf, car racing, hockey etc are common sports. Typically you have to bet more if you are betting on the favorite, but you have to bet less when backing the underdog.
  • Total (over/under) odds – Instead of picking the winning team, you bet whether the total number of points in a game will go above or below a certain limit.
  • Apart from these, there are other less known odds like the fractional odds and the decimal odds. You can learn them when you have become a little more familiar with the betting sports system,

4.  Once you have learned to read the odds, choose your bookmaker.     You should exercise certain precautions while making your choice. Check out the systems of deposits and withdrawal practiced by the bookmaker. You should also clarify other points like whether they cover a wide variety of games and sports and the amount of deposits they demand. Above all, choose a reputed and well known bookmaker.

5.   Do your research well. Analyze trends and current forms to make an informed choice.

6.   Placing your bet is the next and the easiest step. In today’s world of online betting, placing your bet is only a matter of a few clicks.

7. Do not chase a losing bet; i.e. do not try to recoup all your losses by placing a single large impulsive bet. Managing your money in a level headed way is the most important step in sports betting.

The above is the procedure of utilizing the betting sports system. However, this is merely the outline. You need to carry out far more in depth study before you try sports betting in a serious way.

Betting Sports system – The common terms that you should know

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When you have become the part of the world of betting sports system, you should know the common terms which are used by the bookmakers and the bettors.  Here is a list of selected terms, but it is not exhaustive. If you are interested in sports betting, you will probably come across these terms with regularity.

  • The most common betting term is of course bet, or wager or action. All of them imply risking money on the result of a sporting event. You put some money on the chances of winning of a team of your choice. If your guess pays off, you make some amount of money.
  • Certain terms are used to denote different amounts of money in the system of sports betting. For example, a buck means $100, a nickel implies $500, a dime means $1000, etc.
  • The person or organization with which you place your bet is called a bookmaker or a bookie.
  • When you bet only on games where you think you have an obvious or large advantage, it is known as a cherry pick.
  • On the other hand, if you lose a bet which you were almost sure to win due to some chance circumstances, it is known as a bad beat.
  • Before placing your bet, you should familiarize yourself with the different types of bets that are commonly prevalent in the sports betting. These include parlays, against the spread, hedge bets, teasers, round robins, proposition bets, accumulator, flag etc. They each refer to some types of wager.
  • When you lose a bet, you have to pay a commission to the bookmaker. This is known as vigorish (vig) or juice.
  • Perhaps the most common term in sports betting is odds. These refer to money line or point spread of a game. The money line is a bet made straight on the winner (and not against the spread). The point spread is the line placed on a game by the odds maker.
  •  Another term which you may hear in the circuit of sports betting is shill. This is a person who acts as an intermediary. He promotes the business of a book maker in return for money.
  • You will come across several other terms in sports betting. There is the dog or the underdog. This refers to a team which is almost certain to lose a game. Then there is the board where the bets are listed. You will often hear of an edge in betting. This refers to any slight advantage which a bettor may have while placing a bet. When you carry out in depth research before placing your bet, you are creating a handicap. When you become a knowledgeable bettor, you will be known as a sharp. On the other hand, if you keep losing in spite of having all the information you will be known as a square.
  • Of course, the all time favorite term of the bettors is system. These are some mathematical calculations which will offer you the best odds of picking a winner.

As you become more and more familiar with the betting sports system, you will come across several other terms and slang common in the circuit. You should familiarize with as many of them as possible to take advantage of sports betting.