Favorite Betting System
The favorites betting system focuses on home favorites with a winning percentage of.470 of greater during the course of the season. If the team has lost three consecutive games at home as a favorite. Betting The Favourites For A Profit. I was reading through an old racing magazine last week and came a cross a ‘system’ that concerned betting favourites in an exacta bet and the person who wrote the peice. If we only bet favorites, we will win one race out of three on average. That means, betting two dollars at even money (1-1) we would spend $6.00 in wagers and lose $4.00 of it before getting $4.00 in return.
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When it comes to sports betting lines, you probably are wondering what the lingo of lines, odds, and spreads really mean. Understanding what these terms mean is essential to making proper picks on your favorite teams. For the most part these rules apply to all the main sports such as football, basketball, soccer, and hockey. But there are some key differences when betting against the big leagues like the NFL, NBA, and MLB.
How to Place Bet on Favorites for a Living The best way to profit from place betting is to compound the returns from a betting system with a very high strike rate (around 90%). This place betting system is. 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.
Super Bowl and Stanley Cup Betting Odds
A betting line is another terminology for point spread, which is tied to the outcome of the event. It is a forecasted prediction of how many points an anticipated stronger team will win by against a weaker team. In the betting world the stronger team is referred to as the favorite, and the weaker team is referred to as the underdog. These collectively are referred to as spreads.
NHL, Baseball, WNBA Playoffs Betting Picks
In a point spread, you have to bet against the forecasted outcome one way or the other, you cannot just pick a team to win lose or it without laying down a lot of money or it would be too easy to beat a highly likely winner. Instead if a team is predicted to win by 7 points, the spread would be -7 towards that team. You then must place on a bet on whether you think the favorite would beat the underdog by at least 7 points, or if you think the underdog could cover and lose by less than 7 or win. Sometimes a game is considered highly contested and balanced that you might have what is called a pick-em where you simple pick which team will win. Point spreads are common in the NFL.
NBA Point Spreads and NCAA Lines Reviewed
After point spreads are established, you can then look at the moneyline bet. This is generally correlated to the point spread except it shows how money you can win based on your wager. Some sports do not use a point spread but rather just stick to a moneyline bet. For example, a team that was a -7 favorite would likely have a moneyline negative as well, say -200. That means, you would have to bet $100 to win $200. Alternatively there is a plus bet that goes with the underdog, say at 250. That means if you bet 100 and the underdog wins, you can win $250. Moneyline bets generally involve a higher wager to make money as opposed to point spreads. Moneyline picks are the most common wager instrument in the major sports of NBA, MLB, hockey, and soccer.
Nascar, PGA Golf and MMA UFC Betting Lines
In unique situations, where a game has a lot of prestige such as the NFL super bowl , NBA playoffs, or the Stanley Cup, you can bet on prop bets which are bets on specific things that could happen during a game. This is a play strictly based on odds of something happen against it not happening. An example might be whether a field goal would be the first type of score in the football game. At any time as people are betting one way or the other, the odds will adjust as people make picks one way or the other.
Premier League, British Open Championship and College Football Odds Every Week
Opening lines generally come out a week before an event but for major events like the Superbowl, it might be out for two weeks once the matchup is established. Football events opening lines generally come out on a Tuesday after all the previous weeks games have been played and is usually the sport most heavily used to gamble on. Basketball and MLB have games more frequently and usually the opening line might only exist for the day of an event.
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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
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.
Lay The Favorite Betting System
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.
Favorite Betting System
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
Free Sports Betting Systems
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.
Favorite Betting System Chart
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.
Favorite Betting System Free
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
Show Betting 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!