In sports, betting systems refer to a set of events that, combined for a particular game for a specific sport, represents a profitable betting scenario.  The goal of the is to give the bettor an edge.

Sports books uses betting systems in order to set more accurate odds.  That’s an important point:  oddsmakers are continually adjusting their betting systems regularly to better the odds, which results in a system that may have been profitable in the past to have now become obsolete after adjustments are made.

Very short-lived betting systems are called trends.  Generally, an angle is considered to be the smallest unit in the makeup of a betting system.  An angle is a single event that estimates a selection to have a higher likelihood of winning.  Angles used in conjunction with other angles and trends produce the betting system.

The analysis of spread betting is a fascinating and ever-growing subject.  There are many different kinds of betting systems used, ranging from the simplistic to the more involved.  From a statistical standpoint, one point scoring (used in baseball, hockey and soccer, for example) can be analyzed using the Poisson or Skellam methods, which rely on probability theory that is based on complex algorithms, but by no means does it end there.  In fact, there are many betting systems out there, some based on heady math, others following a more personalized approach, which are sworn to be tried-and-true by their creators, avid sports bettors.

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It’s impossible to list all of the betting systems currently in existence, however, know that they usually fall under three major categories:

  • Positive Progression Betting – essentially this means that every time you win, you increase your bet.  Obviously based on the understanding that there isn’t a large bankroll to begin with since said bankroll is funded by your wins), this is one of the most popular types of betting today.This is one of the most popular types of betting nowadays. The general idea is that you start with small bets, moving on to bigger bets as you win.
  • Insurance Betting – This is the flip side of Positive Progression Betting Systems.  Instead of increasing your bet when you win, you decrease your bet when you lose.  This is probably the safest type of betting system, which is why experts call this technique “playing it safe”.
  • Negative Progression Betting – This is essentially a combination of the two betting systems above.  As its name implies, it works like this:  if you’re in the negative (meaning if you are losing), your bet progresses (meaning your bet increases).  This technique is popularly used to help reverse a losing streak and get back what you’ve lost.   One of the drawbacks of this system is that it is quite risky and usually requires a larger bankroll.

Positive progression, insurance betting and negative progression betting provide the backbone of most betting techniques used today.  Now that you know a little more about them, hopefully you will find the right betting system that works for you.