Sports Betting Programs

I guess almost everyone have heard those legends about people who have invented and used sports betting systems for them to avoid loses and obtain great profits in the long run. Well, in today?s hi-tech world where sports betting industry is continually growing and making bigger and bigger profit every year, it is almost impossible to believe that numerous people still live from betting.

Many have asserted maybe it?s because of the sports betting systems they use that they can still carry on and bet with the hope of winning bucks win every time. The fact 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 work pretty well for a number of people. These sports betting systems, although functional to some extent, however, imposes bigger risk to the players. Here are handful 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 the system is in picking the correct stakes. Well, according to 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, if 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’d probably recover all your lost bets plus one unit profit against your initial wager. The most important sentence with regards to Martingale is “double you stake when you loose and begin again whenever you win”.

Parlay System

Parlay System is probably 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 more helpful hints. Pyramiding is actually a parlay wager whereby the original wager plus its winnings are played on successive wagers. Following the principles of pyramiding, what’s basically involved in the Parlay System of sports betting is that you make a bet and when you win you re-invest the winnings on the next bet.

So in horse racing, for example, you merely 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 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 said to be the opposite of Martingale. Well, the difference lies on the notion that on Paroli, you start with one bet and raise the bet when you win as opposed to you lose. The main advantage of this particular one of the very popular sports betting systems is that you simply do not require a sizable bankroll. The system lets the profit run and cut short the losses.