As you may have guessed, I'm not being entirely serious with that headline, but in this article there is actually a sports betting "system" that I could honestly claim has gone 360-0.
The idea for the article came when I was cleaning out the spam in the forum, and happened to see an ad for somebody selling a 42-1 sports betting system for the bargain price of $179. (If you want to save $179 but still learn what the system is, read the article. It will tell you.)
Naturally, there is a moral to this story, which is beware of system sellers. To find out why, read Buying Sports Gambling Systems in the Experienced Bettors Only section of the site.
Comments
Moody,
Ya most systems are crap and these systems should not be purchased. What matters is the picks for the system. Martingale is dangerous but If you cap the number of games and play it safe it can show profit. The key is to protect your bankroll. I was always against martingale style betting but then I saw a controlled progression system with underdogs at http://www.mrmartingale.com and decided to try it with $25/unit bets with a bankroll of about $2000. I have been following it for the last six months…and yes it did fail once but the way he picks underdog games, he doubles the bankroll with in 4 to 5 weeks with average profit of 20 units each week. The only time you lose is when you lose six in a row, and when this happens they advice you to start over instead of going to the 7th progression because the rate of doubling the bankroll is much higher just by repeating the procedure. You just have to be lucky not to lose that 6 in a row on your first month! The key to that system is underdog odds and the way the units are set in the table. You can read it at the mrmartingale.com website for free. He charges only for the picks, but you can use your own picks.
Moody is right about the system. There are no such thing as foolproof system. Martingale system will end in disaster no matter what.
Sports betting is a marathon and for best results you must stick to reliable sports betting handicappers who can show the results history of all their past picks. I use only a few services and one of the most reliable one is http://www.bettingresource.com They have archives of every single play from the past. They don’t blindly play games based on system. They follow proper money management and cap their games.
Funny thing is that most people underestimate bettingresource because their ROI for their weekly picks is about 10% since the launched their service in 2005. Most bettors think that this is very low because they want to get rich overnight. But the professional bettors know that 10% is a solid Roi in the long run and it is very hard to maintain. You can actually make living from sports betting if you can maintain 10%.
These days on the internet we see scamdicappers and marketers claiming 65 to 95% win rate and over 40% ROI which is impossible in the long run, so because people overlook reliable, honest tipster service like bettingresource.
Systems don’t work people! Stick to well known, reliable handicappers such as bettingresource and you will do well.
Allen, as usual, is correct in that no system is foolproof. But a system doesn’t have to be foolproof in order profit.
I use the DIY systems at http://www.diysportsbetting.com, especially for baseball. Better than being foolproof, they are consistent and low risk.
If you want a foolproof system, good luck with that.
Instead find a system that wins you a little as you go along. Your gonna lose some games, but that doesn’t mean you have to lose money.
I’ve been reading about The Las Vegas Nightmare which supposedly uses the same kind of algorithms that wall street traders use to identify opportunities. Anybody tried it? Where is the best place to get reliable picks?
I heard the Las Vegas Nightmare was a scam. The picks terrible, and constant sales attempts to get better picks.
I have looked at Mr. Martingale system. High risk, but better than a straight doubling system. A loss is 77 units.
The DIY systems I have seen because a friend bought them. They look pretty good. He has won a little bit with the baseball system but has not played the NFL or NBA yet.
There systems that win, but no systems that don’t lose a bet.
Bunch of idiot trying to sell scams!!! And the say the word FREE! IDIOTS!
Also a good website: http://www.professionalsportsbettingtips.com
Kind of mrmatringale. Very profitable so far in NCAAF