Sports Betting Programs

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

Many have said that maybe it?s due to the sports betting systems they normally use that they still carry on and bet for the hope of winning bucks. The truth of the matter is, there’s really no particular system that can promise you 100% profit with no risk of getting broke.

Nevertheless, many bettors believe that you can still find certain sports betting systems that actually work pretty well for a lot of people. These sports betting systems, although functional to some extent, however, imposes bigger risk to the players. Here are few of them:

Martingale System

Martingale System is fundamentally the most widely known sports betting system in the world. It has nothing to do with picking the winner because the whole story of this system is in picking the right stakes. Well, as outlined by some resources, the Martingale System of sports betting is based on the odds of losing infinite times in a row. It is applied by beginning 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 will eventually enables you to win the betting so when you win you’d probably recover all of your lost bets plus one unit profit against your initial wager. The most critical sentence when it comes to Martingale is “double you stake when you loose and start again when 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 said that unlike other sports betting systems, the Parlay System has the effect of pyramiding your profit. 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 when you win you re-invest the winnings for the next bet.

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

Paroli System

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