The best strategy in sports betting is to bet more or less, to bet more or less per team, handicap wins, that is, victories with a difference of several goals, low winning odds, half-time betting, early or late goals. The Martingale (Strategy B) and Fibonacci Sequence (Strategy E) betting systems also started out strong, but the long losing streaks quickly increased the required bet, leading to losing everything. If you feel like you're losing control over your gaming experience, call 1-800-GAMBLER (NJ, PA, WV), 1-800-9-WITH-IT (IN), 1-800-BETS-OFF (IA), 1-800-522-4700 (NV), 1-800-522-4700 (CO, TN), 1-855-2CALLGA (IL), 1-800-270-7117 (MI). Proportional betting systems require betting a portion of your funds and then increasing your bets by that same percentage after each win.
The exponential growth of betting to cover losses will eventually bankrupt all players who use this system, since no one has unlimited funds. You don't need to be an expert to bet on sports successfully, but you do need the right strategies. The following graphic shows the profit of 500 bets for all five betting systems (with a 55% chance of winning each bet). This makes sense, since proportional betting has a natural mathematical advantage over other betting systems.
Betting strategies or systems (also known as “betting formulas”) work by providing bettors with instructions to follow to maximize profits and reduce losses. This method has drawbacks similar to those of the Martingale system, but it reduces how quickly the bet increases if you have a losing streak, in addition to reducing the speed with which you win. Some consider the martingale betting strategy to be safe, as a player with unlimited funds will eventually win. In addition, every casino or sportsbook has a betting limit on the amount they accept, which will almost certainly be reached before the player wins.
The Martingale system makes you double your bet after each loss, so that the first win recovers all previous losses plus a profit equal to the original bet.