Best Strategies For Sports Betting
I remember when I first started searching for a proven betting system googling the term “betting systems.”
There was all sorts of progressive staking systems, martingale systems, stop at a winner systems, progressive laying systems. The fact was though that none of these betting systems held up to any long term analysis and would normally blow your bank if you followed them for long enough.
But after researching a bit longer I found a few betting systems that did actually work.
Here are four betting systems that I have used over the years.
Which continue to be profitable in the year 2021.
Proven Betting System 1 – Arbitrage Betting
One of the best and most basic live sports betting strategies is to wager on the heavy favorite that trails in a game but still has a good opportunity to win straight up. Bettors backing the favorite may have had. Sport Betting Systems Alternatively, you can choose to focus on the numbers rather than the game itself. Sticking with a sports betting system is a great way of doing this. If you want alternative bookmaker. A betting unit refers to the amount you are placing in play on a game. In order to accurately measure your results — and to properly manage your bankroll — many successful sports bettors subscribe to. However you do require the best methods. With SD’s sports betting strategies guide, you can understand the betting approaches utilized by the pros. Discover to buy the most effective lines and true techniques to obtain a side on the public and your sportsbook.
Sports Arbitrage betting is something that I still use on the occasion as part of my portfolio. Arbitrage betting involves covering every outcome of an event. In order to guarantee a profit no matter the outcome.
Here is an example of a number of arbitrage bets found using the software rebelbetting.
For example if we take one of the arbitrage bets above.
There is a 3.7% arbitrage bet between The New Saints and Bala in the Welsh division.
In the draw no bet market The New Saints could be backed at 1.53 with Marathonbet and Bala could be backed at 3.2 with William Hill.
For every £100 risked across both outcomes a profit of £3.7 could be guaranteed.
With arbitrage betting you can make several of these bets every day and gradually build up your bankroll with almost zero risk.
It is a system that once you understand can be used again and again.
Negatives of arbitrage betting?
The only issue with arbitrage betting is that it has a limited life cycle. Bookmakers will eventually limit arbitrage bettors accounts once they see that they are not going to be profitable customers.
Arbitrage betting is a great way to build up a betting or trading bankroll. Before you move on to betting or trading with exchanges and Asian bookmakers.
Proven Betting System 2 – Value Betting
Value betting is similar to arbitrage betting as it involves exploiting the soft bookmakers. A value bet involves looking for odds that are out of line with the sharp Asian Bookmakers or betting exchanges.
Given that the odds at sharp bookmakers and betting exchanges are quite efficient in big markets. The betting exchanges and sharp Asian bookmakers often offer close to the true odds of an event. Sometimes when there is odds movement on these events soft bookmakers will be slow to move their odds.
Consistently betting on odds above the Asian bookmakers and betting exchanges has proven to be profitable.
Image courtesy ofTrademate Sports.
The advantage that value betting has over arbitrage betting is that you generate a much higher turnover and use lower stakes which may make your accounts last longer then conventional arbitrage betting.
A lot of bookmakers will also offer value accumulators often on a weekly basis as part of odds boosts or special promotions.
Negatives of value betting?
Again the only downside to consistently taking value bets is that soft bookmakers will eventually see that you are able to make money from them and will limit or close your account.
However if you plan to make money from sports betting. Getting banned from soft bookmakers is going to happen whichever way you choose to make money from them.
Proven Betting System 3 – Matched Betting
The popularity of matched betting has exploded in the last few years and with good reason.
Matched betting is probably one the best and easiest ways to generate a good second income online. It involves taking advantage of bookmaker offers to guarantee a profit much like arbitrage.
The big advantage that matched betting has over arbitrage is that is a lot less obvious and harder for bookmaker’s employed traders to spot.
I have covered matched betting in a lot more detail in this article below.
Negatives of matched betting?
There isn’t many downsides to matched betting. Bookmakers will stop giving you promotions eventually. But as discussed before this is what happens when you become a profitable sports bettor.
So there you have 3 proven betting systems that are currently working in 2020. Which should also prove be profitable in the long term.
Each of these betting systems involve exploiting soft bookmakers.
This is really the best way to start making money from the sports betting markets and allows you to build up a nice trading bankroll or good second income.
Proven Betting System 4 – Betting On Team News
One proven betting strategy that you might not know is reacting quickly to team news.
Odds can rapidly change on the basis of team news.
If you have a good knowledge of the teams that are playing, then you will often be able to secure yourself a value bet.
Here is a good example of how odds can change when a teams lineup is announced.
In this example I have highlighted the point at which team news was announced.
This was a Europa League between Arsenal and Standard Liege.
Arsenal announced a weaker side then expected, from this news the odds on Arsenal drifted quite significantly before the game started.
If you were familiar with the teams and reacted to the information you would have been able to secure yourself a value bet on Standard Liege. Due to the fact that Arsenal’s odds were drifting so the odds on the draw and Standard Liege would have to shorten.
This is a really effective strategy and if you have access to betting exchanges you can secure yourself a profit before the game even starts.
Here are two videos which explain this strategy in more detail.
Watch this video on YouTube
Which betting systems have you found to work best?
Are there any that are missing from this list?
Let me know in the comments below.
Related
What are the best strategies for betting on the NFL? What are some tips to make you a better NFL handicapper? How can you win more wagering betting on the NFL? We’ll aim to answer all of those questions in this article, with help from expert sports bettor J.J. Apricena.
Setting Yourself Up with a Yearly Goal
You’ve heard the phrase “keep it simple, stupid.” Here we’re going to talk about how to “keep it realistic.” Set a realistic betting goal for the NFL season. Apricena suggests to keep things to the regular season and to work toward a goal of winning 20 units.
Before you go thinking that 20 units isn’t enough, you should hear out the example that Apricena runs through because it gives you a good idea of what realistic means.
There are 256 games to bet on during the NFL regular season. Let’s say you bet on half of those, so you’ve got action on 128 games. If your goal is to hit 60%, that’s 77 wins and 51 losses against the spread (ATS). If you’re betting in units of $1,000, you’re going to win $77,000 and lose $56,100 (betting $1,100 to win one $1,000 units). That’s a difference of $20,900, so nearly 21 units won on the season. That’s a really good result and something to be proud of. Don’t believe people when they tell you that 60% isn’t a high enough win rate or winning 20 units in a season is too low. Remember, keep it realistic.
- Use Promo Code: SHARPSIDE
- Available In 31 States!
- Fun, Fast Prop Picks
Be Comfortable with Your NFL Betting
For Apricena, his NFL-betting comfort zone means betting five games each week. That’s what he suggests for you. Although one can certainly tailor a comfort level to his own individual needs and wants, but Apricena stresses that you should not bet more than five games per week.
Apricena finds what he believes to be the best five edges on the weekly slate and bets on those games. Four of the games, Apricena bets one unit on each. For the fifth game, he bets two units. That means Apricena is betting six units per week over the course of 17 weeks for a total of 102 units wagered. Apricena says that his goal is to go 60% on the single-unit plays and 65% on the double-unit plays, putting more emphasis on games that have two units bet on them.
Overall, between setting yourself up with a yearly goal and correctly assessing your comfort level, it’s important to have a plan when betting an NFL season and to stick to that plan. Think big picture and don’t live week to week.
Use Two-Sided Lines When Handicapping the NFL
According to Apricena, it’s important to set a line for both sides of a game. He goes over some examples of how to do this and ultimately tells us that if we’re not using the logic of developing two-sides lines then we are selling ourselves short when it comes to handicapping. You should be able to come up with enough adequate reasons to bet the opposite side of a game. If you can’t, then just avoid the game altogether.
Use the Media To Your Advantage
We see it time and time again. The media hypes one team and dumps on another, and those narratives, the headlines, drive public sentiment. This is information that you can and should use to your advantage.
One good example of how hype can be driven by media is through HBO’s ‘Hard Knocks’ series. Every season that ‘Hard Knocks’ is produced, the team that is featured gets a lot of extra love. It’s the show’s goal to be exciting and entertaining and get your amped up for football season. That’s media-driven hype that is supposed to make you feel better about a team than you should. Recognize situations like these and act accordingly.
Using the media to your advantage when betting sports is heightened exponentially when betting on the NFL. The NFL is the league that gets the most coverage, by far, so there is a greater volume of media driving positive or negative storylines. The NFL has a rather short season in terms of volumes of games, so it can be very volatile. Don’t add to this volatility by perceiving things irrationally.
Slow and Steady Wins the Race
You’ve likely heard the story about the tortoise and the hare, right? Just like in that race, the race on the NFL betting scene can be won with a slow and steady approach to it. With as much attention as the NFL gets every single week during the season, both from a fan and public perspective and from a media perspective, it’s easily to let yourself swing like a pendulum, as Apricena says it, weekly. You’re high on a team one week, then the next week you’re out on them, but then the week after that you’re back in.
In a week-to-week league with a 17-week regular season, there is going to be a lot of variance. Understand that. Accept that. Once you do, you can recognize that you should gradually adjust your perception of each team rather than sway one way or another dramatically. Approaching your NFL handicapping with a slow and steady approach will put you in a better position to win.
Build Your Own Power Rankings
It’s important to have your own power rankings for the NFL, just as was suggested by Apricena when it comes to betting on college football. The reason is that you want a way to be able to judge between good, mediocre, and bad teams. Having a ranking system allows you to better compare teams against one another.
When it comes to power rankings, there are plenty of lists out there already, but it’s important to do your own. If you want to use another list as your foundation, that’s fine, but it’s important to work through a process of developing your own system to rank the teams and adjust them accordingly. Remember, adjust your rankings gradually rather than dramatically.
With your own power ranking system in place, you can use these rankings to compare the lines Vegas or another sportsbook is providing. This is how you will best find your edges.
Don’t Get Lazy
Like anything you want to succeed with in life, you’re not going to want to get lazy in the process. That’s the entire process from start to finish. Work hard and do not get lazy. Don’t just wake up on Sunday morning, run over the games, and fire in some bets. Start your process earlier in the week by adjusting your power rankings from the week before, then start looking at injury reports from every team to see who is in, who is out, and who could be affected. Read the news and follow the media to see where the public narrative is being driven. Check in with teams and lines on a daily basis.
All of these things matter. It’s not easy betting on the NFL. It’s the sport and league that gets the most attention from a betting perspective, so sportsbooks won’t be getting lazy because that’s how they get hammered. You also don’t want to get lazy. They say luck with when preparation meets opportunity, so prepare yourself as best you can to be in the best position possible in order to take advantage of an opportunity.
Don’t Chase Your Losses
This is something that applies to every sport, not just the NFL, but it’s a practice that is even more important when it comes to betting on the NFL. The uniqueness of the weekly NFL schedule has games regularly on Sunday night and Monday night. If you’re sticking to betting five games a week, as Apricena suggests, don’t chase on Sunday or Monday night if those games weren’t already ones you pegged as good value.
It’s easy to go 1-4 during the day on Sunday and then try want to chase your losses on Sunday night. Remember to stick to the process you laid out ahead of time. Sticking to the process over the course of the season will help you best reach your goal.
Teasers, Parlays, and Buying Points
Betting Strategies List
When it comes to the NFL, there are tons and tons of bets you can make each week. There are also a wide variety of types of bets you can make. You’ll often hear of people talking about teasers, parlays, or buying points.
When it comes to buying points, the simple rule is to just not do it. If buying points was advantageous for the NFL bettor, the sportsbooks would likely not allow it. You’re paying up for a better number, but you’re paying to much.
Professional Sports Gambling Strategies
For teasers, Apricena suggests that if you do it, you stick to key numbers and two teams and only do it rarely.
Best Way To Sports Bet
Parlays, as Apricena refers to them, are the ultimate temptation. He also refers to parlays as “thorns in a bankroll.” If you want to make money betting sports longterm, don’t bet parlays. The prices you’re getting don’t line up to what they should really be and you’re going to be losing in the long run.