People contact me all the time regarding different sports betting systems and if you are like some, you may not like the idea of using a sports betting progression system. Well I’m here today to share with you the truth about these types of systems and hopefully change your thoughts on these programs because if they are done correctly they can be very profitable for you.
Let’s first start off by explaining what a progression system is. Basically it’s a betting series where after each loss, you next bet is designed to make up for the lost amount on the previous wager and still show profit when it wins. In the casino industry this can also be known as the martingale system, where for games like Roulette or Black Jack you double your wager every time you lose in hopes of hitting at least one win during that betting series to show profit.
Isn’t the Martingale System Dangerous?
Well to be quite honest it can be. Before you know it you could be risking thousands of dollars to win a small amount of profit, but if it’s controlled and used with your sports bets it really can be the best way for you to be successful instead of betting the same amount on each game. I personally bet a few systems that use a 3 game progression series and one that uses a five game progression with great success.
Here are a Few Things That You Can Do to Eliminate the Risk:
Find a Profitable System – The first thing you want to do is find a sports betting program that has proven itself over time and not just in the short term. Anyone can get hot and go on winning streak, but delivering great results over an extended period of time is another thing.
Limit Your Bankroll Risk – If you are following a winning system, then the next thing is to determine how much to bet. A lot of times people are betting way too much which causes one loss to wipe them out. I personally shoot for between winning 2%-4% per series.
Plan for a Loss – It’s inevitable, but no matter how good a program is that you are using it will eventually lose at some point. The key is to prepare yourself and your bankroll for it. If you are using a 3 game progression at regular odds of -110, then you can determine that each loss is worth approximately 8 wins. Now that you know that, you can limit the risk that you have per betting series. I personally do not like to go past 30% of total bankroll per sequence.
Just remember that if you plan ahead and manage your funds correctly then you will find that using a progression betting system can and usually is much more profitable then flat betting all of your games. Good Luck!
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