- February 03,2023
- -
- Jake Woodward
10 Top Sports Betting Strategies
In betting, as in life, the best-laid plans can fall through. But still, all of us have dreams and ambitions. You can’t walk through life simply hoping everything will turn out ok. Things can’t be left to chance. To win, you need a good strategy. That brings us to our topic of the day - betting strategies - yes, some people like to abandon all plans and leave things to chance. But people who understand betting and know how to make money from it don’t do anything without a strategy. To help you earn some money from your hobby and take things to the next level, we’re here to show you the top ten sports betting strategies.
Hedging
You can bet on both teams in a single game to minimize the risk of losing. You can place a large bet on the favorite and a modest one on the underdog. If you win, you’ll be able to cover your loss and make a profit.
The Heinz System
The system in the second spot had its name after John Heinz. It involves choosing 57 different bets across six sections and winning small. While you won’t win a massive amount of money immediately, the winnings will compound, and eventually, you’ll have a good profit.
Late-Game Betting
Did you forget to place a bet on your favorite team? No worries, late-game stakes are for people like you. Place at the end of the third quarter on points either team will have at the end of the game.
Kelly Criterion Betting
The Kelly Criterion betting system, developed by John Kelly nearly seven decades ago, helps players determine how much of their bankroll they should bet on each selection. The system considers the odds of a single bet and your win probability.
Martingale Betting
Every time you lose money on a bet, you want to recoup it. With the Martingale system, you take your losses and turn them into a profit every time you lose a chance. Let’s say you make a $10 bet and lose. Next time, you’ll bet $20. If you lose that, you bet $40. At some point, you’ll win it big and recoup.
Round Robin Betting
Round robin betting involves placing several bets on different selections in one event. Let’s say you’re betting on tennis. Then, you might bet on each tennis player to win a single set. If you lose a bet on one location, you can make money back the next.
All-In On 1.20 Odds
Do you like going in all-in on bets? Then, it would be best to look at low-odds bets. This strategy requires you to pick bets with 1.20 odds or slightly higher. The point is to minimize risk while investing large amounts of money.
1-3-2-6 System
As the name of this strategy suggests, the 1-3-2-6 system involves placing bets in a sequence of 1-3-2-6. If you’ve lost a $10 chance, the next should be $30; if you win that, the next bet should be $20. The last bet, if you lose, should be $60.
D’Alembert System
D’Alembert is one the most famous names in the world of mathematics. The system named after him requires players to increase their stakes after every loss. But the approach isn’t aggressive, with every bet begging slightly larger than the previous one.
Dutching
Last but not least, we have the dutching strategy. The betting system involves backing multiple outcomes in a single event. By covering different works in a sporting event, the player lessens the risk of losing money.
Closing Thoughts
You know, ten is a good round number. That’s why we’ve looked at ten popular betting systems. But this is far from everything a young bettor needs to know. Many systems, tactics, and strategies will help you win most bets. Ok, nothing guarantees a win. We have to admit that. But still, if you’re betting without a strategy, you won’t get far. You’ll lose your money, interest, and passion for betting. And you can’t let that happen. Use one or multiple strategies to nurture your career correctly.
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