Are you an individual who likes to engage in some regular sports betting? You find yourself placing a wager or two every Sunday in football season, for example, or betting on your favorite baseball team once in every four games. If that describes you, or your general habits when it comes to wagering on sports, odds are that at some point you have thought about making some real money placing bets.
The problem with betting on sports is that just as with any kind of gambling, it entails a certain amount of risk. A knowledgeable sports fan has a better shot at winning money than a person playing the slots at a casino, but there are still enough variables to make regular wagering on sports a risky business. In order to minimize losses and maximize wins, most people use what are known as sports betting systems.
A definition
A betting system is any method you use regularly when you are placing money down on an event. It doesn’t matter whether we are talking about wagering on Blackjack or on the Cowboys’ game, or even if it works or doesn’t, a system is any set of rules you use consistently when placing bets.
In sports betting, systems generally follow rules which are dictated by statistics. An example of a betting system in sports is a person who always bets on the home team to win. Coming to a decision on who to bet on, through a system, is known as “handicapping”.
Knowing a good system
As we mentioned above, you could lose consistently using one set of rules when betting, and it would still be known as a system. What you need to do is find a “good” system.
What exactly is a good system? Well, in sports betting, it means finding a set of rules to live by that result in you winning the bets you place more than 50% of the time. In other words, if the rules you use in your system mean that you win 51% of the time, it is a winning system and therefore good. 51% may not look like a lot on paper, but it means that you are coming out ahead at the end of each season, more than most sports bettors can say.
Coming up with a good sports betting system
Of course, finding a good system to use when betting on sports is a bit tricky. Remember, the sports books are just as interested in statistics and numbers as the average sports fan is. That means they are probably aware of a lot of the systems being used out there (the home game situation is another good example). In order to even the action and ensure their take, they adjust lines accordingly.
That means that the best system to use when you bet on sports is one that you come up with yourself. It might involve a whole bunch of different rules; you only bet on teams playing at home, outside of their division, after they have lost as favorites, for example.
The main thing to remember is that as long as your system is working for you, and is based on numbers and on common sense, it is a good system. But, if you start to lose more often than you win (and that will happen eventually with any system) it is time to re-adjust so that you are winning again.
A final note
One thing that commonly happens with sports betting is that those wagering confuse a “trend” with a system. A team has won five in a row, and so they attract more attention from the betting public. The problem with a trend is that it can end instantly; in fact, the odds say that the end of a trend is a mathematic certainty. The more people who bet on trends, the better it is for the sports books. Eventually, all losses will be recouped as the odds go up and up until finally the trend ends one night to the sound of people pouring money out of their wallets!
So, stay away from trends when you are making your sports betting system. The bookmakers, and worse the general public, are just as aware of them as you are. Stick to your own system and avoid these bad value bets!
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