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Betting Strategies and Systems

Elvis Elvis

A betting strategy or system is a structured approach to gambling intended to counter the inherent bias held by the bookmakers in sports betting. A successful strategy should increase the odds of winning in order to produce long term profits from a pursuit which under normal circumstances will only ever result in a long term loss.

All betting systems are predicated on statistical analysis, seeking to exploit the rare circumstances when the odds are in the favor of the player.Though the basis of all risk is fundamentally the same, betting systems vary in relation to the rules and circumstances of each particular game.

Betting strategies and systems have existed for as long as gambling has. A betting system is either bogus or clever depending upon whether it is based on a sufficiently deep understanding of the given game so that there is some method to the madness.  

Betting Strategies and Systems

There are three main different categories of betting systems:

  • Positive progression betting : your bet is increased each time you win. This betting technique is pretty popular, as no large bankroll is necessary to begin with.
  • Insurance betting systems: your bet is decreased each time you lose. It is by far the safest of betting system, hence experts referring to this technique as ‘playing it safe’.
  • Negative progression betting: this technique boosts the bet when you lose. It is largely used in order to reverse a losing tendency streak. However, it requires a bigger bankroll and is rather risky.

A list of the most commonly used betting systems follows. Although many will find this information useful, it is important to bear in mind that none of the techniques described below are perfectly reliable. One of the reasons for that is that all betting strategies and systems are constrained by mathematics and probabilities, meaning that there is no sure-fire technique that should be used at all times.

Common Betting Systems

The 1-3-2-6 System
The D’Alembert System
The Labouchere System
The Martingale System
The Parlay System
The Paroli Sytem
The Regression System