I suppose almost everyone have heard those legends about people that have invented and used sports betting systems so they can avoid loses and get great profits in the end. Well, in today?s hi-tech world where sports betting industry is continually growing and making bigger and bigger profit annually, it is almost impossible to think that many people still live from betting bet on it.
Many have said that maybe it?s due to the sports betting systems they use that they can still carry on and bet with the hope of winning bucks. The truth of the matter is, there is really no particular system that will promise you 100% profit and no risk of getting broke.
Nevertheless, many bettors believe you can still find certain sports betting systems that 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 handful of them:
Martingale System
Martingale System is basically the best known sports betting system on earth. It has nothing to do with picking the winner because the whole story of the system is in picking the right stakes. Well, as outlined by some resources, the Martingale System of sports betting is based on the probability of losing infinite times repeatedly. It is applied by beginning with one bet, and starting again in the event you win. However, should you lose, you double your bet, and every time you lose, you double your last lost bet. As believed, this will eventually makes you win the betting so when you win you would recover all of your lost bets plus one unit profit against your initial wager. The most important sentence when it comes to Martingale is “double you stake after you loose and start again whenever you win”.
Parlay System
Parlay System is probably the most well-known sports betting systems which might be widely used in horse racing. Experts have said that unlike the other sports betting systems, the Parlay System provides the effect of pyramiding your profit. Pyramiding is actually a parlay wager whereby the original 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 simply make a bet and when you win you re-invest the winnings on 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 degree of risk of all wagers given that the bettors are merely concerned with either a win, place or show selection or a combination of the three bonuses.
Paroli System
Of all the well-known sports betting systems, the Paroli System is said to be the 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 particular one of the very popular sports betting systems is that you do not need a sizable bankroll. The system lets the profit run and cut short the losses.
