I guess all of you already knows those legends about people who have invented and used sports betting systems so they can avoid loses and obtain great profits in the end. Well, in today?s hi-tech world where sports betting marketplace is continually growing and making larger and larger profit annually, it really is nearly impossible to think that many people still live from betting.
Many have said that maybe it?s due to the sports betting systems they normally use that they still continue to bet for the hope of winning bucks. The truth of the matter is, there’s really no particular system that can promise you 100% profit and no risk of getting broke.
Nevertheless, many bettors believe there are still certain sports betting systems that actually work pretty well for a lot of people. These sports betting systems, although functional to some degree, however, imposes bigger risk for the players. Here are few of them:
Martingale System
Martingale System is fundamentally the best known sports betting system in the world. It has nothing to do with picking the winner because the whole story of this system is in picking the correct stakes. Well, as outlined by some resources, the Martingale System of sports betting is based on the probability of losing infinite times in a row. It is applied by starting with one bet, and starting again if you win. However, should you lose, you double your bet, and each time you lose, you double your last lost bet. As believed, this may eventually makes you win the betting so when you win you’d probably recover all of your lost bets plus one unit profit against your initial wager. The most important sentence with regards to Martingale is “double you stake after you loose and begin again whenever you win”.
Parlay System
Parlay System is probably the most well-known sports betting systems that are widely used in horse racing. Experts have said that unlike other sports betting systems, the Parlay System has the effect of pyramiding your profit. Pyramiding is actually a parlay wager whereby the initial wager plus its winnings are played on successive wagers. Following the principles of pyramiding, what is basically involved in the Parlay System of sports betting is that you make a bet and if you win you re-invest the winnings for the next bet.
So in horse racing, for instance, you simply let it ride. Also, unlike other sports betting systems, the Parlay System offers the least amount of risk of all wagers for the reason that the bettors are merely interested in either a win, place or show selection or a combination of the three.
Paroli System
Of all the well-known sports betting systems, the Paroli System is said to be the exact opposite of Martingale. Well, the real difference lies on the idea that on Paroli, you start with one bet and increase the bet when you win as opposed to you lose. The benefit of this one of the very popular sports betting systems is that you do not need a large bankroll. The system lets the profit run and cut short the losses.