Currently, sports betting is one of the most popular forms of gambling in the entire world. However, in the last couple of years, sports betting has been seen more as a form of entertainment than as a form of gambling. That might actually be the reason why it has become so popular in all parts of the world.

Millions of people all over the world place bets worth several billion dollars every day and it is no wonder that sports betting industry has become one of the biggest and the most powerful entertainment or gambling industries in the world.

It has always been a part of human nature to try to find easiest ways of doing something. Because of that, it is no wonder that many people have tried to come up with certain strategies that might help them to beat the bookies and to win significant sums of money.

Some of those strategies have turned out to be successful to a certain degree while some others have proven to be acomplete failure.

In this piece, we will be bringing you information about some of the most famous betting strategies that people came up with during the years as well as information or rather pieces of advice on how to beat the bookies in their own game.

Betting Systems

One of the most important issues when it comes to sports betting is understanding the essential features of the sports that you are about to bet on and to understand all the offers that betting sites are providing. Besides that, it is very important for every person who is about to place a bet onacertain sporting event to have a system for money managing in order to have at least some organization. Otherwise, your betting strategies or systems will fall apart very soon and you will be lost in the betting experience.

Even though it might be very appealing to just place certain amounts of bets without thinking about it and just go for it many have called that method of betting a road to disaster. Many bettors who have turned out to be successful have said that having the right betting system is crucial for success in betting.

Because of that, betting systems have been known to provide bettors with the possibility to win as much as possible in the situations when the conditions are going into their favor and to reduce the amounts of loss when the conditions are not going their way.

Over the years, many betting systems have proven to have little to no value when it comes to sports betting. However, other betting systems have proven to have a least some value in the real world and in the next part of this piece we will be dealing with some of the most popular betting systems in the entire world.

1. Martingale System

The first betting system that we will be mentioning is the system called Martingale. This system sounds very good in theory and in theory, it should work in themajority of cases. However, when this system gets used in the real world and on real sports events, it falters and it fails to present the results.

This betting system is very popular in certain casino games such as Blackjack but sports betting industry has also been using it, especially in the situations where a bettor is able to win even money for the amount that he or she has bet.

When it comes to sports betting, or more specifically, football betting, the Martingale system can be used in the situations when the bettors are presented with the possibility of placing 1/1 or even money bets. In order to use this betting system, a bettor has to be able to find 20 even money offers or 20 matches that will be played during one month and across some region such as Europe.

In this situation, each game will start after the end of the previous one which will give you an opportunity to place bets on each and single match. The Martingale system requires a bettor to double the amount of his or her previous bet whenever they make a bet that fails.

In essence, if you would bet let’s say $5 on a certain even money offer and if it happens that you fail you will have to bet $10 on your next even money offer. This type of placing bets will have to continue all the way until you finally place a bet that turns out to be true.

Every time you lose a bet you will have to double the value of your bets in order to cover for all looses. In the end, the goal of this betting system is to win theamount of money that will be able to cover previous losses. However, there is one big problem with Martingale betting system. For many bettors, this betting system is simply not achievable. A huge majority of bettors simple do not have funds that would enable them to place these kinds of bets.

Besides that, this betting system did not produce a lot of good results so it might not be the best selection when it comes to choosing the right betting systems that might suit your needs. Additionally, many betting sites all over the world have something called wager limits which limits the amount of money that you can bet.

Because of that, it is possible that many bettors will hit that limit before they actually make any profit and once they do, there is no point in continuing as the profits from the successful bet will not be able to cover all the loses of the previously failed bets.

2. Labouchere System

Another system that is, in essence, very similar to the Martingale system is called the Labouchere System. This is also a betting system that has been based on some mathematical principles and it is often used in the even money bets, especially when it comes to the football betting. This is a little bit complicated betting system and it requires more attention, more devotion, and more skills in order to see the benefits of this betting system.

Before you actually start using this betting system, you need to be able tospecify the number of units that you want to win. In this case, a unit is the amount of your initial bet. Let’s say that your goal is to win $50, you would have to break that amount into units of $5 for example.

After you have decided on how much you would like to win, you will have to write the following sequence of now on a piece of paper: 1 1 1 1 1 1 1 1 1 1. In this sequence, each digit represents one $5 unit which is equal to $50 that you have previously determined as your goal of the bets.

Once you have done that, it is time to determine how much money you will be betting on certain matches. You will do that by taking the far right number and add it together with the far left number. In that way, you will get the amount that you should bet on a single match.

In case that this bet turns out to be successful, you just cross-off the far right and far left numbers and continue to do so with the next numbers in the sequences. However, if it happens that you bet was not successful, then you add those two numbers together and place that number on the right side of the previously mentioned sequence.

Just like it is the case with any other betting strategy, winning and especially losing will have asignificant impact on your bankroll that is available to you for this kind of betting. On occasions, you will be in situations where you bankroll will not be able to cover those bets.

If it happens that you are not able to cover the units on the left side you will have to risk that amount. In case you win that bet, you should cross-off that digit on the left side. However, if you lose that bet, you then add that number to the right side of the number sequence.

In case that you are not able to cover any of the bets, then you should bet any amount and in case that you win, you should subtract the amount that you have won from the number that is located on the left side of the sequence. However, if that bet turns out to be a failure, that means that the game has ended for you and that you should quit the system or quit the game.

Just like Martingale betting system, Labouchere betting system can be a very expensive betting system and because of that many bettors do not have the opportunity to use this system. The math behind this system is solid but the big question is whether or not a bettor has enough funds to follow through everything that is required in order to cover all the loses.

3. The Kelly Criterion

One of the most popular betting systems in the entire world, and more importantly, one of the most successful betting systems in the world is called The Kelly Criterion. For bettors from all over the world, this betting system has proven to be very successful, especially when it comes to betting on football matches.

Comparing the Kelly Criterion to Martingale or Labouchere betting systems, it needs to be said that the Kelly Criterion is by far the most effective and the most successful betting system. In essence, the Kelly Criterion is the system for managing money while placing bets. This betting system determines the perfect amount of money for certain bet based on the value that has been offered.

For money management, the most important issue is to optimize the winning potential with the possibility of certain risk. The Kelly Criterion’s main task is to find the right amount of money that you should bet on certain matches in order to fulfill the previously mentioned conditions.

The entire Kelly Criterion betting system is based on the following formula BR% = (P*B) – 1 / odds – 1. In this formula, P is a mark for theprobability of bettor winning and it is expressed in decimal format while the B is a mark for the odds that have been anoffer and the BR% is the percentage of the bankroll that a bettor should bet on a certain match.

Once you apply this formula to the information that you have, you will get the amount of money that you should bet. Sometimes, it is possible that the number you get will be negative and that means that you should avoid that bet for all causes.

In theory, this system is completely mistake free. However, we know that things that work in theory do not have to work the same in reality. This betting system depends on a lot on the bettor’s ability to estimate chances that a certain team has for winning. Because of that, the analytical skills are very important for this betting strategy as well.

4. Fixed Wager

One of the more popular betting systems that are affordable for many bettors is the one called the Fixed Wager. This is a relatively simple betting system and it does not require any mathematical formulas or mathematical calculations in order to get the right amount of money that you should bet on the certain match. This might be the reason why this betting strategy has been so popular among the bettors from all over the world.

The essence of this betting system is to bet the same exact amount of money for each bet and never to give up on that strategy no matter how much money you win while placing those bets. With this betting strategy, you will significantly reduce the chances of losing your entire betting amount or rather your entire stake.

However, one of the possible negative aspects of this betting strategy is the fact that the same amounts of bets will also limit the number of your winnings and that this amount will not grow quickly. However, considering that this betting system is popular the most among small bettors who do not have the luxury of betting big amounts, the small and a slow rise in winnings is very much acceptable as long as it is a winning

5. Fibonacci betting system

One of the more popular betting systems among the football bettors is called Fibonacci betting system and considering the name of the system, it can be concluded that this system is also based on the mathematical formula. The essence of the Fibonacci betting system is to bet on draw results and continue to do so until you finally make a successful bet.

However, this betting system has two rules that each bettor using this system needs to follow. The first rule of the Fibonacci betting system is to bet on draws in football games that have the probability of draw result higher than 2.618. Using this system on the games where theprobability for draw result is below the previously mentioned mark has no point and it is guaranteed that it will end up in losing money.

The second and probably the most important rule when it comes to this betting system is to place the bets that will be corresponding with the numbers that can be found in the Fibonacci sequence of numbers (1, 1, 2, 3, 5, 8, 13, 21, 34, etc.). By using this betting system, bettors constantly increase the amount of their bets following the Fibonacci sequence.

In that case, any winning that you achieve will cover all the previous loses. Once again, this betting system seems very plausible in theory. However, it is much more difficult to successfully apply this betting system in reality, especially for bettors who do not have thebig bankroll for betting.

While placing the bets following the Fibonacci sequence, a bettor might find himself very quickly in a situation where he is placing huge bets which is not something that many bettors can afford. Besides that, just like it was the case with some of the previously mentioned betting systems, the Fibonacci betting system become very problematic in situations where there is a limit on wagers.

When you finally hit that wagering limit and if you fail to make a successful bet, you will end up losing money without having an opportunity to recover the loses by increasing the amount of your bet and placing successful bets.

Turning the Odds in Your Favor

Every bettor is aware of the fact that the possibility of making a profit by betting on football matches is not that high. However, there have been occasions when bettors managed to achieve big profit by simply placing bets on football matches. One of the ways in which bettors have tried to achieve that profit is by taking the advantage of the bonuses that many betting sites provide for their players.

Not that long ago, these betting bonuses provided bettors with the real opportunity to win big amounts without having to use their own money in order to place bets. However, those times have changed and betting sites have made changes to the bonuses that they are offering and those changes have made the possibility of winning big with bonuses almost impossible.

Despite that, the bonuses that majority of betting websites provide are still agood instrument that bettors can use to win certain amounts and to use them to your advantage. These days, sportsbooks will provide different types of bonuses but the most common type of bonus is the welcome bonus that sportsbooks give to new bettors when they make their first deposit.

However, every bonus that sportsbooks provide has certain wagering and rollover requirements that a bettor will have to follow in order to withdraw the amount from their accounts. Those requirements will most often specify the number of bets that a bettor will have to place before he or she actually gets the opportunity to withdraw any amount.

With that kind of requirements, it is possible that bettors will lose the entire amount of the bonus without having any opportunity to enjoy that bonus. Besides that, it is very possible that in those efforts to play through the requirements, a bettor will also lose a certain amount of the deposit that he or she has made before receiving the bonus.

Besides that, sportsbooks will often provide bettors with another type of bonuses and that is free bets. This might be one of the best betting bonuses currently in the market because it enables bettors to place free bets without having to use their own money to do so. If that bet turns out to be successful, the winning will be added to his betting account and if that bet turns out to be a failure he will not lose any money because he did not bet his own money.

Beat the Bookies in 10 Simple Steps

Sports betting, just like gambling, in general, is a very risky business. However, many people find entertainment in sports betting as well as their opportunity to win significant amounts of money. In the following part of this piece, we will be introducing you to simple steps that you can use in order to become more successful bettor and to win bigger sums of money while betting.

1. Be Familiar with the Sport that You are Betting on

It goes without saying that there is no point in placing bets on sports that you have no idea about. Because of that, it is very important for every bettor to be well aware of the sports that he or she is betting on. A bettor needs to be aware of the best teams or individual players in that sports in order to make a successful bet.

Otherwise, the bet he or she made will fall through and they will have no chances of winning. Being familiar with the sports that you are betting is no different than knowing your work profession. There is no point in applying for a work position that you know nothing about.

2. Be Aware of the Fact that Favorite can lose Sometimes

The world of sports is full of surprises and surprising results. Because of that, you need to be aware of the fact that more than often, favorites lose their matches and underdogs manage to win surprising everyone. Because of that, there is no point in blindly following favorites in your bets and it will happen, more than often, that you will be losing money by betting on favorites all the time.

Favorites’ loses often happen in individual sports and that is something that every bettor should be aware of. Because of that, it is very important for every bettor to take every piece of information that he can find into consideration before actually making the bet.

3. Use different Sportsbooks

Sticking to only one betting sites is not something that bettor should do. It is completely acceptable to be loyal to certain betting sites because of the offer and the fact that you had a success with that sportsbook. However, there are many sportsbooks that provide many different advantages for the bettors. Because of that, bettors need to be able to use different sportsbooks in order to optimize their chances for winning.

Different sportsbooks will provide different betting bonuses and that is also one of the reasons why bettors should consider using different sportsbooks in order to place their bets. Bonuses are abig opportunity for all bettors to profit from betting and they should take this issue into serious consideration.

4. The smaller number of selection means better chances of winning

It goes without saying that the more betting selections you include into your bet, there are less possibility that you will be making a profit. Because of that, the smaller number of betting selections provide bettors with the opportunity to have better chances of making that bet a successful one.

It is much better to find a couple of valuable betting selection and to bet on them then to have a big number of betting selection whose odds are so small that you can barely make a profit if that bet turns out to be successful. Besides that, more betting selections means that there are more things that can go wrong and that can make your bet a failure.

5. Avoid odds-on Offers

Sometimes, bettors might be in temptation to bet with odds-on prices. However, that can often prove to be a very bad move as you might never get the value that you wanted from your bet. Having small odds on some matches is tempting for some bettors and that is why they bet on those matches because they believe that those bets are safe bets.

However, small odds are very risky business as they often do not represent the true situation that might be happening in the field or on the court. Besides that, there is very little value in betting on small odds because they will not bring a lot of profit for the bettor and it is very possible that he will be losing the money that he bet in those cases.

6. Focus your Efforts on less obvious Markets

Bettors often make a mistake of betting on the most popular markets such as who will be the winner of the match and how many goals there will be in a game. However, focusing your efforts on a little less famous or obvious betting markets can bring a lot of benefits.

Because of that, betting on, for example, a player who is a very good form to score a goal in that match, might be a very good thing for bettors who are looking to make a profit. Besides that, there is a huge number of betting markets that do not get a lot of attention and that can bring a lot of profit for the bettors. Because of that, a bettor needs to be able to find the right value in the right betting market.

7. Use rationality while Betting

Emotional betting is one of the biggest reasons why people lose money while betting. Let’s say you have a favorite team and you do not want to bet again that team even though there are indicators that suggest otherwise. In that case, you are making emotional bets and that is never a good thing.

You need to be able to look at the match without emotion and to rationally take into account all pieces of information that might help you to make the right decision. Follow the logical line of thinking when it comes to betting and you will know that you are on the right track for making a profit of your bets.

8. Be familiar with the Betting Markets

Betting on the winner of thecertain game or a match is not the only thing that betting sites offer. There is a huge selection of betting markets that a bettor can choose from. However, he or she needs to understand those betting markets before deciding to bet on them.

Sometimes those betting markets can be complicated to understand and if bettorsfail to understand the essence of the market, he will end up losing the bets. Besides that, many sportsbooks provide very similar betting markets and because of that, a bettor should carefully read what the market is and what kind of bet he is placing.

9. Choose the Right Time

Finding the right time might not be the most crucial aspects of betting but it can make a huge difference when it comes to the profit. Sportsbooks might provide better odds at acertain time and because of that, a bettor should be aware of when to place the bets.

Sportsbooks will often provide much better odds right before the start of some big sports event or a game and that is the right time for bettor to grab the opportunity and place bets that will bring him or her a much bigger profit than it would be the case before those special odds.

10. Focus on Less Popular Sports

The number of sports that sportsbooks feature in their markets is huge which means that it is quite possible that there are sports that they are not so well familiar with. In those cases, great opportunity for a bettor would be to be familiar with those sports because in that way he or she will be able to get better value for their bets.

Sometimes it really pays off to have information about sports than not so many people are familiar with. In betting, those information can bring a lot of benefits for bettors, especially when it comes to the amount of money that they can win because the odds are much better on those matches than on matches of some popular sports.