Betting Systems - Is There A System For Betting Sports?
Sports bettors are always on the lookout for the next great betting system. Betting on sports can prove to be a difficult task that requires lots and lots of time and research to make quality, winning picks. Finding a system that takes the hard work out of the equation is what most bettors will look for. The harsh reality is; there is no easy or fool proof way to win at sports betting. Even if you come up with a solid betting system, you will still need to do your research to find that system. It could take hours; weeks or even years to come up with a betting system is proven to work.
By the end of this article, you should have a better understanding of what betting systems are available and how they work. They are hundreds, if not thousands of systems that people tout all over the web trying to make a quick buck, so you need to know what consists of a quality system.
Here are some of the methods that some successful bettors have credited for helping them to make smarter wagers. While none of these are proven, they can boost your confidence and awareness of what to do, and when to do it. Knowing what these mean and how to follow/implement them into your own systems will be key going forward.
Following Line Movements + Betting With or Against The Consensus Pick
One of the most commonly used methods for betting on sports is to follow the consensus. Using the consensus basically give information on all the games available for wagering and which side of bet is getting more action. The trends will show you in a percentage how many people are placing bets on a specific line. For example: If the game in question was the Eagles vs. Ravens, a betting trend would tell you exactly how many people have bet on each team. Let’s say 80% were betting on the Eagles to win and 20% on the Ravens.
If a team is getting a vast majority of the bets, the bookies will often adjust the lines to make it more in their favor for future bettors and to sway people to betting on the other team. This can lead to juicy lines that can be very valuable to sports bettors. You need to spend some time and have patience when waiting to see the consensus picks as you will be placing bets just hours or less before the game. You have to stay up on the lines and constantly pay attention to them as they can change at any given moment. The work will pay off however, as you can almost always find a good bet if you’re patient and vigilant.
Arbitrage Betting - Hedging Your Bets
This system is considered to be fool-proof, but has a low return on your investment. The idea behind arbitrage betting is to place bets at two different bookies on the same game. The catch is, you will be placing bets on both sides of the game. Let’s say the Eagles are playing the Ravens again. The line is: Philadelphia Eagles (-7) vs. Baltimore Ravens (+7). This simply means the Eagles are favored by seven points. If you placed a bet on the Eagles, they are going to need to win by at least seven points for you to break even; eight points or more for the win.
Using the arbitrage system, you would place a bet on the Eagles at one online sporsbooks, then a bet on the Ravens at another bookmaker. The concept is simple, but it’s how you execute this plan is what matters. The key is to find different odds at bookies that will mathematically make you a winner by placing a bet on both sides. If bookie A has a line that pays the favorite $180 and the dog $200. Bookie B has a line that pays the favorite only $150, but the dog pays out $250. You would then place a bet on the dog at bookie 2 and the favorite at bookie 1. You would be placing the same amount on each bet and would win money regardless of the outcome of the game.
Let’s say you had to place a $75 bet at bookie A to win the $180 on the favorite. At bookie B you need to place the same $75 to win with the dog. If the favorite wins at Bookie A, you would net a profit of $105. If the dog wins at bookie B, you would net a profit of $175. Your total wager for both bets is $150. If the favorite wins, you would lose the $75 wager at bookie B, but gain $180 at bookie A. By doing some simple math, we still earn a profit of $30 regardless of the outcome.
This is purely an example only used to demonstrate the method behind this madness. To effectively use the arbitrage betting system, you need to constantly shop for good lines at multiple bookies. It can be a sure thing if you pay close attention to the lines and trends of a game. But, it can also be time consuming and show little rewards. There is software that you can purchase to take all the work out of your hands and alert you when good lines pop up, which makes the arbitrage system much more attractive.
Should I Be Paying For Picks?
There are many, so-called professional sports bettors who want to sell you their system for a one time, or monthly fee. You need to be wary of what you’re buying as most of the time it's a bunch of baloney. Usually, these wanna-be "pros" simply give half of their bettors one side of the bet and the other half the other side of the bet. If you think you're going to be talking to "Ace Rothstein" (fictional) or "Jimmy The Greek", think again. While there are some good ones out there that have quite a bit of success with their predictions, they are the in the minority and weeding through the garbage is a bit of a hassle.
It’s best to formulate your own plan and go your own way with sports betting. That isn’t to say you shouldn’t be frequenting betting forums to pick on some good advice and maybe get a good line. But, doing the homework yourself and coming up with a solid system on your own, will be your best bet.
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