Many sports bettors use a variety of sports betting systems. Often such systems are utilized in order to make up for losses or to expand profits more quickly than one normally can. Many sports betting systems relate to even odds bets and were initially developed to increase profits and reduce losses when playing table games such as roulette. They have since been adapted to sports betting.
Sports Betting System Articles
- Anti-Martingale System
- Contra d’Alembert System
- d’Alembert System
- Kelly Criterion System
- Labouchere System
- Regression and Progression System
- Reverse Labouchere System
Defining a Sports Betting System
A sports betting system, which should never be confused with a strategy, is a method of betting that involves wagering specific betting units in a sequence. Systems often take as their foundation the idea that over time, all wins and losses eventually even out. Although this idea is based on the law of averages, and many sports bettors consider it fact, it is flawed.
Positives of Such Systems
Sports betting systems offer sports bettors a very specific method to follow. Systems that limit risk are the best. However, many betting systems increase risk for the sports bettor, which is never a good idea.
Negatives of Betting Systems
Sports betting systems tend to negate choice in terms of betting units. This presents difficulties because one of the strengths of a good sports bettor is his ability to know precisely how much he should wager on a specific game.
Also, many sports betting systems are designed for pure games of chance. The idea is that little thought is put into wagering on a table game such as roulette, because there is no way to handicap it. Whatever bet hits will pay, and no amount of work will increase your chances of winning.
Kelly Criterion
The Kelly Criterion is one of the few sports betting systems that allows sports bettors to designate the amount of their wager based on the risk involved. Many sports bettors, investors, and business owners use the Kelly Criterion. It offers everyone a very solid betting methodology.
Strategy Versus Systems
Never confuse strategy and systems. Strategy implies that sports bettors can analyze elements and situations that will help them make smart bets. A betting system is designed to make sure that bettors don’t think, but instead simply place their wagers. Sports bettors are always best served by solid strategies rather than confining systems.
Common Sense
It is important that all sports bettors use common sense when wagering on a game. Betting systems often negate common sense as they dictate what you should bet and when. This can put unnecessary risk and strain on your bankroll.
Make sure that you always maintain control of your bankroll, and that you wager on games by appropriating the number of betting units that make the most sense. Blindly adhering to a system will hurt you sooner rather than later. Always be a smart sports bettor.