Sports Betting Programs

I guess all of you have heard those legends about people that have invented and used sports betting systems so they can avoid loses and obtain great profits in the long run. Well, in today?s high tech world where sports betting marketplace is continually growing and making larger and larger profit every year, it is almost 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 betting arbs bucks. The fact is, there’s really no particular system that can promise you 100% profit with no risk of getting broke.

Nevertheless, many bettors believe there are still certain sports betting systems that work pretty well for a number of people. These sports betting systems, although functional to some extent, however, imposes bigger risk for the players. Here are handful of them:

Martingale System

Martingale System is fundamentally the most widely known sports betting system on earth. It has nothing to do with picking the winner as the whole story of this method is in picking the correct stakes. Well, according to some resources, the Martingale System of sports betting is based on the odds of losing infinite times repeatedly. It is applied by beginning 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 and 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 when you loose and start again whenever you win”.

Parlay System

Parlay System is one of the most well-known sports betting systems that are commonly used in horse racing. Experts have asserted unlike the other sports betting systems, the Parlay System provides the effect of pyramiding your profit your domain name. 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 on the next bet.

So in horse racing, for instance, you merely let it ride. Also, unlike other sports betting systems, the Parlay System offers the least amount of risk of all wagers given that the bettors are only concerned with either a win, place or show selection or a combination of the three.

Paroli System

Of all the so-called well-known sports betting systems, the Paroli System is considered to be the exact opposite of Martingale. Well, the real difference lies on the notion that on Paroli, you start with one bet and increase the bet when you win rather than you lose. The main advantage of this one of the very popular sports betting systems is that you do not require a large bankroll. The system lets the profit run and cut short the losses.