Best Sports Gambling Strategies
Posted : admin On 4/9/2022Betting guides and strategies aim to keep participants financially safe, help them to avoid being tricked into giving money away on risky bets, or to unreliable U.S. Online sports betting companies, and direct them straight to the best U.S. Sports gambling companies sites.
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Do you know what a ‘parlay’ means? Have you heard of Martingale staking? There are lots of online sports betting systems, and before you can start betting, you’ll need to understand the most common ones. There are systems for everything under the sun, but we’ll stick to the four major sports: baseball, basketball, football, and hockey.
We’ll teach you how to use online betting systems to develop a strategy and start making money! Our guide will also show you which system is best for betting wisely and recouping your losses.
What Is an Online Betting System?
These systems give bettors patterns to help them to increase earnings by giving strategies to win. Betting systems may also be known as ‘staking plans’ or ‘staking formulas’. Some work by betting more when you win, while others function well by decreasing wagers as you lose.
Negative Progression Systems
- Progressive Betting Systems. This is one instance where the use of the word system fits the definition perfectly. Progressive betting systems involve following a clear set of rules for adjusting the size of your wagers based on whether previous wagers won or lost.
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Negative progression systems sound big and fancy, but think about it like this: losing is always negative. In this case, you increase your stake each time you lose. You may be thinking, “Wait! Why would I increase my bet if I lose?” The idea is to make up for your loss with a win on the current bet. This method can be super successful, but be careful: If you start a losing streak, you may get in over your head.
This is a common strategy in casino games, but it’s often applied to the four major sports, too. Three sub-strategies include the Martingale, D’Alembert, and Labouchere plans.
Martingale Staking Plan
The Martingale System involves progressively betting more every time you lose. For example, you started with a $100 bet and lose, will then double your bet. You continue doubling each successive bet until you win ($100, $200, and so on.). By the time you arrive at the fifth bet, you’d be shelling out $1600, so the risk is high. The gain, however, could be quite rewarding.
D’Alembert Betting Theory
While similar to the Martingale strategy, the D’Alembert system works a little differently to increase your bets more slowly. The slower rise in stakes means that it’s less likely that your bets will become impossible to bankroll and won’t let you recover your losses as quickly as the Martingale, but it also mitigates risk.
This method assumes that there’s an equilibrium to be found in even money bets. Statistically speaking, you should always win the same number of bets you lose. Using this assumption, you choose a percentage of your total bankroll to use for each bet. You can select any percentage, but we recommend using 1-5% of your bankroll on every bet.
Say that you have a $1000 bankroll. At 2%, your first bet is $20. If you lose, you’ll increase your gamble by one base unit ($20), so it’s $40. Each time you lose, increase your bet by one base unit until you win. Every time you win, you’ll decrease your bet by one base unit.
Labouchere Betting System
The Labouchere splits your bet into several wager amounts. Think about it like you have a pile of M&Ms that you divvy up to avoid eating all at once.
Wager amounts are units totaling the value you’d like to win. So, if you’d like to win $100, you break this number into a bunch of smaller ones, like the following: $10, $20, $40, $20, $10. After placing your first wager, your potential winnings will need to be your first unit plus your last unit, or $20.
We’ll say you won your first wager and made the $20 required. You will cross off the $10 at the beginning and the $10 at the end. If you lost, you’d add the $20 you lost to the last $10. Add the $10 and $20 – the first and last units again. Your wager will be $30.
If you keep losing, you’ll keep adding your wager to the end. If you win, you’ll cross off both the first and last units.
Experts don’t really recommend this betting pattern if you’ve got a small bankroll. It can become costly quickly, which can leave you out of pocket and frustrated.
Insurance Betting System
This is exactly what it sounds like. Start with a bet, like $50. To keep numbers easy, we’ve chosen $5 as your unit. With each sequential bet you lose, simply reduce your bet by a unit ($45, $40, $35). As you can see, it’ll protect you from losses but won’t allow you to win your losses back.
Positive Progression Systems
Positive progression systems are the exact opposite of negative ones. Raise your stake for each win, rather than each loss. If you’re on a losing streak, this system probably won’t let you win back your losses. A few strategies that fall under this system are the Paroli and parlay systems. Be careful about using a progression system if you have a limited wallet.
Paroli Formula
The Paroli formula is used in ‘even wager betting’. Experts suggest that a 2% base stake is a good place to start. Double your bet each time you win and, after winning 3 times in a row, drop your bet back down to the base stake. If you lost, simply cut your bet to the base stake and use it until you win again.
Parlay System
In essence, a parlay is multiple wagers in one, and the system allows you to reinvest winnings from one wager to the next. To successfully use this method, you’ll need to choose the winning team for every option you’ve selected. This makes the odds higher and you’re definitely increasing your chances of losing, but winning makes the profits much sweeter.
Other Types of Sports Betting Systems
In the end, most systems boil down to fixed, variable, and proportionate systems like the Fibonacci, unit, and Oscar’s Grind.
Fixed systems are simply systems where you place a fixed amount on each wager. Variable staking, however, works the opposite way. You have to calculate your wagers based on a variety of criteria (eg. confidence level, odds).
Proportionate systems require betting a portion of your bankroll (or balance) and then increasing by that same percentage after each win. For example, if you had a $100 bankroll and bet 10%, you’d bet $10 the first time.
If you won, you’d add your winnings and find 10% of your new total for the next wager. For instance, if you won $20 you would add this to the $100. You then find 10% of $120, which is $12.
Fibonacci System
Using this methodology, you’ll increase your bets based on the Fibonacci sequence. Start by choosing your betting unit. We always recommend 2-3%.
The Fibonacci sequence starts with zero, but ignore that number and start with the second number (1). The sequence is as follows, 1, 1, 2, 3, 5, 8, 13, 21, 34 and so on. Chose a unit to use. We’ll use $5 to make the math easy. The Fibonacci numbers tell you how many units to use.
Your first bet is – $5 or 1 unit. You lose. Place your second bet, also $5 or 1 unit. You lose again. Place your third bet, $10 or 2 units. Now you win. Move down 1 unit to $5 or 1 unit.
The Unit System
As we’ve seen in other strategies, the unit system uses a range assigned by the bettor. These typically fall between 1 and 10, and are based on the confidence a bettor has in the wager. You reserve a 10 for that very rare wager that stands out. The 1 is for your most certain stakes. Each unit will be a percent of your wallet. Most often, each is valued at 1% of your balance.
Successful Betting Strategies
Choose staking formulas that are successful rather than complicated or trending. We’ve discussed the most common and widely used, but you should find one that works for you. It really comes down to choosing a system that’s easy to use and calculate, and sticking to that system. If you’re constantly switching things up, you’ll never learn what works best for you.
If you’re looking for even more success as a sports better, apply these simple sports betting strategies!
We often get asked what the best strategy is when it comes to betting sports? The answer is simple, you must be in it for the long term in order to maximize your success and profits. This does not mean it's not wise to sign up for daily or weekly packages, it just means that in our nearly 50 years of business, we've found our clients who sign up for our full-season packages in the beginning of each season always seem to have the most success. The reason for this is that a lot of the profits tend to come in early in the season when the lines are still soft.
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If you look at the charts in the overall stock market or real estate market, you will notice that over the long haul; in most cases, the value increases, but on the way up there are always some dips. The same holds true for sports betting, in that over the long haul most professional handicappers or advisors make money, but unfortunately there will be losing days and, in some occasions, losing weeks over the course of a season.
Most of our clients will use multiple handicappers (note: our individual handicapper pages are located on the top navigation bar under 'Expert Handicappers') throughout the course of a season. This is a good idea because, just like investing, it's always wise to diversify. One sports betting strategy that has enjoyed continued success is to sign up for two or more handicappers for the entire season, and then if you see that another handicapper has a major play like a 7- or 8-Unit play, you can always sign up for a one-day package from that handicapper just to get that top game.
When you look at the various subscription options for our sports picks, you will see that the longer you sign up for, the better the value. We talk all the time about money management and making sound decisions, and this is the best way to start. Using the long-term approach helps you get into a rhythm with your handicapper, and it's a much more convenient option.
Best Sports Bet Strategy
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Best Sports Gambling Strategies
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Best Gambling Strategies
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