4:05 AM
Bingo King
Everybody makes a bet now and then. For millions of people now and then is every time a sports game is played. For 95% of those people, it will be a losing proposition.
The rest are those who use their heads about betting. Rather than placing a wager on their favorite teams every game, they bet on situations identified by their betting systems as having a higher probability of winning.
That's what a betting system is. A way for the user of the system to gain an advantage in the probabilities of the outcome of a game. It's an organized way to go about finding winning situations and betting them.
Some systems are sold online for as much as $197 and claim to win 97% of the bets. But they all use progressive betting for a three game series to get that winning percentage.
How big of an advantage are they really. Lets look at some numbers to get a clear picture.
If you are looking at a coin toss, you have a 97% chance of winning if you use five progressions. That is, double the bet for four losses. The online betting systems use a progression of three. That is, double the bet for two losses.
If you had a system that could win 2 out of 3 games, that is 66%, you would have a 97% chance of winning on a three bet progression. So the series of games averages out to a 66% chance the team will win any given game in the 97% systems.
Anybody who is looking to make money betting on sports has to have a system to find increased probabilities for a win and to control the betting strategy.
If you want to be successful as a sports bettor, you DO need a system. Maybe not a $197 miracle bet, but something that will win consistently over the course of the season.
The rest are those who use their heads about betting. Rather than placing a wager on their favorite teams every game, they bet on situations identified by their betting systems as having a higher probability of winning.
That's what a betting system is. A way for the user of the system to gain an advantage in the probabilities of the outcome of a game. It's an organized way to go about finding winning situations and betting them.
Some systems are sold online for as much as $197 and claim to win 97% of the bets. But they all use progressive betting for a three game series to get that winning percentage.
How big of an advantage are they really. Lets look at some numbers to get a clear picture.
If you are looking at a coin toss, you have a 97% chance of winning if you use five progressions. That is, double the bet for four losses. The online betting systems use a progression of three. That is, double the bet for two losses.
If you had a system that could win 2 out of 3 games, that is 66%, you would have a 97% chance of winning on a three bet progression. So the series of games averages out to a 66% chance the team will win any given game in the 97% systems.
Anybody who is looking to make money betting on sports has to have a system to find increased probabilities for a win and to control the betting strategy.
If you want to be successful as a sports bettor, you DO need a system. Maybe not a $197 miracle bet, but something that will win consistently over the course of the season.
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