It takes more than just sheer luck to be a long-term sports betting winner. As well as having good bankroll management, including smart sports betting systems can also maximize your potential profits. 

Sure, knowing the latest sports betting odds can help you, but being aware of sports betting systems can also help you out too! But, what are sports betting systems, and what do you need to know? 

Read on to find out all about sports betting systems and how they can help you to maximize your sports betting potential.

What Are Sports Betting Systems?

System-based sports betting is what we call a strategy that is put in place for making bets. These systems can vary a lot in their goals and aggression. Some may offer the potential for high earnings, using rising bets on winning streaks, but others have a stronger focus on minimizing any losses. 

Some will include the use of tiered systems that are based on confidence. There are many more conservative options, and some can even focus on the steady hand of betting a consistent amount, no matter your confidence level. 

Every system is viable, however, the choice you make on what system you will use depends on your bets, and your overall gambling objectives. 

Most Common Sports Betting Systems

There are various ways you could approach sports-based wagering. Each way will have its objectives and guidelines, no matter if your goals are to lose as little as possible, win as much as possible, or just be able to keep playing without busting. 

Whatever the case, there are different options for each of these goals, let’s take a look at some of the most popular sports betting systems there are.

Negative Progress

These two words tend not to go together, however, in this type of strategy, they work very well together. If you were to be betting on FanDuel picks or another sports betting website then this involves the increase of your wager with losses. 

This allows for a possible profit no matter if you have a losing record. 

A big caveat with this type of strategy is that a long losing streak will hurt a lot more in comparison to other strategies, nonetheless, plenty of people still choose to use this strategy.

Martingale Systems

This is a risky strategy that involves slowly betting more money every time you lose. It sounds chaotic, but it does work for some people. If you were to bet $100, and you lost, then your next bet would be $200, and the following one would be $400. 

If you end up hitting, then you’re up, even though you only won one of the bets. 

This is a trend that tends to hold up strongly, if you lost the $400 wager, your next wager would be $800, and if you hit that one, you would still have an increase of $100, even though you lost the rest. 

It can work for you with time, but it is also very risky, and it is best to have a large bankroll to play with in this instance. 

The D’Alembert Theory

This is not dissimilar to the above strategy, however, it utilizes units instead of doubling. This goes well with using a confidence betting system, these picks are usually given a three-staged scale, working 1%, 2%, or 3% of the bankroll, depending on confidence. 

So, if your bankroll is $1,000, and you bet a wager worth 2% then this is 420, If you lost this, then increase by the same unit, so it would be 4% and $40. 

This doubles the bet, and each time you lose you double the unit. It works like the Martingale strategy but just uses units instead.

The Labouchere System

This strategy is known as the cancellation system, and it is rather complex and is recommended only for bettors who have a hefty bankroll. It involves you writing down the specific amount you wish to win and then breaking this up into many bets. 

So, if you wanted to win $200, then you could break this down into $20, $50, $20, $50, $30, and $30. Then, you bet these outside numbers together, and if you win, you cross the numbers out. However, if you lose you add up the total loss at the end. 

The Insurance System

Instead of just aggressively pushing forward when you face losses, this is a system that functions to protect you when you’re just not having a good day. If you had a first bet of $50, and you do not hit, then your successive bet would instead be $40 or even $45. 

You choose a unit, and this can protect you from losing large amounts. It is also a great option for those who are exceptionally wary of addiction as it will prevent you from chasing your losses. 

That being said, it is also a limiter in your potential to win.

Overall

There are many more strategies, however, you should take a look at all the options and pick which works best for you, it depends on the type of bettor you are and your confidence in your wagers.