Home > May, 2010

As a sports bettor, the number one goal is to make money. Unfortunately, finding the right sports betting strategy to accomplish this goal is sometimes more difficult than it appears. If you ask a bunch of sports gamblers which is the best strategy to use, no one can ever agree. Some say it’s the flat bet and others swear by a progression system. Today I’m going to take a closer look at the pros and cons of actual flat betting, which means making the same size wagers each and every game.

The Pros of Flat Betting

Although there numerous pros to making the same size wagers each and every bet, some of the most important are the fact that you’re limiting your risk. As opposed to the progression system where you are increasing your bets after a loss, flat betting allows you to keep constant amount and protects your bankroll. Unless you go on a really bad losing streak, your bankroll should never fluctuate too much either way.

The Cons of Flat Betting

One of the main cons or negatives about flat betting that I hear a lot, is the fact that the your bankroll doesn’t increase as quickly as it would with a progression system. Although you never lose too much, it also takes quite a while to show some serious profits. A really good handicapper can win at a rate of 55% to 57%, so with win rates like this you will definitely be in profit, but it might just take some time.

This sports betting strategy is really for someone who is looking for long-term results and not a quick gain. If you stick with this strategy over time you should see some nice increases month after month and year after year. Good luck!

24
May

Martingale System For Sports Betting

Archived in the category: sportsbetting
Posted by: admin - 1 Comment

The martingale’s method of sports betting is the most popular systems available today. The popularity of the system lies on the simplicity of the system and one can understand the system very easily. Few people use it for gambling on games like blackjack and roulette. Lot of casual betters try using the martingale system for sports betting to yield better results.

The concept is very simple; one has to keep doubling the stake every time he/ she loses. And finally if the individual wins one will be compensated for all the other previous looses. By using this system one will also have considerable amount of profit. It is essentially the wagering progression method. If one bet is lost double the stake amount in the forthcoming bets. This will help the individual recoup the past loses and acquire profit as well if he/ she win a bet.

There are few differences in the system when it comes to sports betting and casino gambling. This is due to the games such as blackjack requires even money bets. The sports wagering covers a wide range of bets and odds.If one wants to use the system they will have to pay the vigorish and if the individual is already an good handicapper then the chances of winning is almost fifty percent. A good example of the martingale sports betting system is the when an individual bet on the game with 12 dollars to win 10 dollar and they lose the bet. Add 12 dollar and 10 dollar and get 22 dollar. Then divide the 22 dollars by.8333 and the result would be 26.40 dollars. Bet 26.40 as the amount for bet two and if the second bet is won by the individual then 26.40 dollars can be got back along with the profit. Then all that has to be done is to calculate how much the next bet would be. And so it is said that this system is little different from the traditional sports betting methods.

If you’ve been searching for information before making the decision to purchase The Sports Betting Champ by John Morrison, here is some info you might want to know.

Before I bought this program I was both skeptical and excited. A good friend of mine was making some really crazy betting decisions. He is generally what I’d call a “tight-wad” and a “sissy” so he rarely bets against the odds. After looking at his ticket receipt for $2,500, I knew something was up…he rarely goes over $1,500.

After a few beers, he finally confessed he’d been reading a sports betting book he got online which turned out to be John Morrison’s Sports Betting Champ. A few days later he emailed me the website. Without thoroughly reading what it was all about, I rushed and purchased the program…I’m a pretty impatient guy what can I say?

I’ve thoroughly read this ebook and although I am very satisfied, there are some things you might want to know…so here is my Sports Betting Champ review.

First of all, you probably know this because it is as clear as day on the Sports Betting Champ website, but I scrolled down so quickly I didn’t notice. This system only applies to the top three major sports leagues here in the United States…the NFL, NBA and MLB.
Fortunately I do not go too far off of these sports, but for some reason I thought it was a sports betting system that could be applied to each and every sport.

Secondly, I got this ebook in January, so I didn’t trust it enough to claim it as one of my sports betting strategies and actually bet cash on this years NFL season using the system, however, I was able to check out the stats towards a few of the last games and they were surprisingly accurate. Although it was a bit late, I was able to apply it to a few games toward the end of the NBA season. It seemed to me that this system favors baseball and basketball more than football…but that could be due to the fact that I was new at the formulas and calculations.

Baseball is my least favorite sport, but for some reason, the MLB stats make the most sense to me. My friend said he thinks this is due to me being unbiased with baseball since I am not as familiar with the teams and players as I am with football and basketball. This does make sense because it is hard at times to bet against odds you are not used to and going against a strategy you are comfortable with…but I guess that’s what a gamble is all about right?

The last thing is after purchasing the system for $197, you are referred to a sports book recommended by John Morrison that I was not a member of, so I had to dig into my pocket again to put some cash down. It was a little frustrating because I had some cash in a few online sports books that I have been dealing with for years, so I thought I’d be able to use that credit to practice the Sports Betting Champ system to avoid taking any risks.

At first I was a little bothered by this because I am not a fan of “change” especially when it comes to my money, but it actually turned out to be a legitimate company and they are very clear and responsive to the questions I had, so everything turned out o.k.

All in all, although I haven’t gained full confidence in using this system (I’m a bit old fashioned), I do think it works, I’ve applied the system a total of 4 times and I am 3-1…and my loss is due to my own stubbornness, so based on my experience, it has worked for me. To make this program even more simple, you will receive emails before games that give you the info you will need to make a winning bet. I’ve been betting for many years now and I have yet to receive this kind of information even from handicappers, so I am very happy with the what I’ve learned especially for such a low price. There is a money back guarantee…which is one thing you don’t hear often when it comes to making a bet…just for that reason alone, this is a risk worth taking.

The Sports Betting Champ System is a professional game betting system that is created and developed by a professional in the sports betting industry. John Morrison, a Cornell graduate and holding a PhD in Statistics, has spent the last twenty eight years perfecting a betting system that gives a guarantee of more than a ninety percent win rate.

For professional bettors or for everyone who has spent several years in the industry of handicapping as well as professional betting, it is normal that there are a lot of skeptical comments with regards to the systems effectiveness and reliability. It is often believed that any betting system that claims a win rate of over seventy percent and would do so for a long period of time is often times lying.

The Sports Betting Champ System however, is different as there are professional bettors who have dutifully monitored the system and it has consistently been hitting win rates not going below the ninety percent mark. The system allows its users to wager or place bets under strict sets of criteria which in turn allows them to win at exceptionally high percentages and rates. Unlike other handicapping systems or software, where the users would receive handicapping tips and games on a daily basis, the sports betting champ only allows you to one or even two picks every week.

Although it may appear that the odds on each game that the system gives out are on the lower average, by following the system’s formulas as designed and outlined by John Morrison, it would be easy for you to win most of all the bets that you have placed and even come out way ahead by a huge margin. When you go out and come across systems and offers like this there is usually a catch that comes with it. But that is not the case with john Morrison’s system. There are a lot of people who are searching for loopholes and negative presses about the sports betting champ and so far there has not been one that has created even the tiniest ripple of doubt from its supporters and current users.

It is important to understand that this particular system will not allow you to place bets on every single game within the NFL and MBL season. It will however, analyze the game statistics for you and would give you a list of picks that are low risk and would give you a higher percentage of winning. It can do this by utilizing a special kind of criteria.

All in all, Sports betting champ has indeed made its mark and has proved to be a great professional betting system and a great investment for professional bettors to make. Not to mention that there is a one hundred percent money back guarantee if you find out or decide later that this is not something that would work very well for you.

Do you like gambling? If so, have you won many times and loads of cash? If not, then you might want to consider quitting. Or get yourself involved in sports betting. Sports betting is the process of betting money on many popular sporting events. Instead of gambling in Casinos or any illegal gambling games there are, why not go for sports betting odds? Depending on which country you live in, sports betting can either be legal or illegal. If you find out, or already know that sports betting is legal in your place, then you really must try sports betting.

But before you place your bets on your favorite team or athlete, you must first understand sports betting odds. Understanding sports betting odds is obviously very critical in any sports betting event. The odds decide whether the team or the athlete you want to bet on is the favorite or the underdog. This then defines the amount of money that you’ll win or whenever you choose the right bet. So if you have not understand sports betting odds, then you better read on.

In the real world, odds are simply the chance of an event from occurring. Chances are usually expressed in percentage. If you would toss a coin, there is a 50% chance that it would land on heads and a 50% chance that it would land on tails. If you roll a six-sided dice, there is a 1/6 or 16.66% chance that the number that you want to see would appear. When every possible outcome is summed up, it would result to a 100%.

In sports betting, odds are expressed in a different manner than chances. The bookmakers make this odds to show the chances of a wanted outcome to happen. There are three ways to express sports betting odds. One is the decimal odds which is widely used in Europe expect in UK. UK uses fractional odds. In the US, where sports betting is almost illegal in every state, they use their own US odds.

To convert the percentage chances to decimal odds, you simply use this formula:

decimal odds = 100/ %chance

If there is a 25% chance that a boxer can win a match, then 100/20 = 4. 4 is the decimal odd of the boxer winning the match. If you would bet on that boxer, and the boxer won it, then you will receive £4 for every £1 that you used on the bet. If you bet £20, then you will win £80.

Using the same example, the fractional odd would be 3/1. It would mean that for every one time you win, you will lose three times. For every £1 you bet, you will also win £3. In addition, you will also get back the £1 that you used to bet.

If you would us US odds, or money line odds, then a 4 decimal odd or a 3/1 odd would be equivalent to +300US. Money line odds are divided to positive and negative. The negative odds would mean that there is a bigger money at stake to win 100 units. Positive money odds represents the money that you will win if you bet 100 units.