Creating a betting system is a must for sports gamblers who are serious about winning money. Anyone can luck into the occasional win, but consistency is key for sports bettors.
The best way to be consistent in the way you approach sports betting is to utilize a betting strategy.
There are plenty of well-known sports betting strategies, or betting systems, floating around the gambling world. But, just because they work for other people doesn’t mean they can lead you to profit.
For this reason, many successful sports gamblers create systems that are uniquely theirs. Doing so requires a great deal of trial and error if you want one you can rely on.
If you have the time, energy, and resources, it might be in your best interest to get started creating a system. If that’s the case, here are 7 questions to ask when creating a sports betting system.
1 ‒ What Exactly is a Betting System?
Before you start creating a betting system, it’s worth knowing what exactly you’re getting into.
A betting system is merely a gambler’s approach to systematically maximizing their bankroll. In simpler terms, it’s your sports betting strategy.
Betting systems are utilized by many sharp sports bettors. Conversely, a vast majority of the gambling public is inconsistent and blindly throws money at sports bets.
I, like other sports bettors, use these systems to remove the human element and emotion from the equation. Additionally, sports betting strategies can keep bettors honest with themselves and consistent.
2 ‒ What Are the Benefits?
There are many benefits to using a sports betting system. If done correctly, you can start making money routinely and avoid costly mistakes.
Let’s break down some of the benefits for the skeptics that remain.
Sports bettors who use sports betting systems, even for a limited time, become more well-rounded gamblers. These strategies force you to dive deeper into odds, lines, statistics, and analytics.
Instead of being a casual, somewhat detached sports bettor, systems force you to engage.
Becoming a more engaged sports gambler will make you more aware of the things that impact the games you’re wagering on.
If there’s no method to your madness, then there’s no way of knowing why you’re winning or losing bets. In other words, when you’re winning, there’s no real way to know why things are working in your favor.
When you’re losing, it’s hard to determine what you need to change.
Betting systems can help you monitor your performance closely and make slight adjustments rather than major alterations. In other words, betting systems help gamblers resolve problems quickly and can lead to lasting success.
3 ‒ Do I Really Need to Create One?
Before you break down and start creating a betting system, it’s important to figure out if you actually need one.
Creating a betting system isn’t something that you can do in a few hours. The process is long, complex, and doesn’t have a guaranteed end date.
Some sports bettors take months, even years to create the “perfect” betting system. I use the word perfect loosely here because there isn’t a strategy that guarantees perfection.
Figuring out whether or not you need a system comes down to a few things.
- Is the amount of time and energy you’ll spend creating one worth it?
- Are you going to gamble enough to take advantage of a system?
- Does your past performance merit a betting system?
- Do you have enough money in your bankroll to create a system?
Betting systems are an investment of both time and money. If you’re simply a casual gambler who places the occasional bet for fun, you might not need a system.
But, if you want to bet regularly in hopes of winning money, then you should consider using a system.
4 ‒ What Sports Am I Going to Bet On?
Once you decide you do want to create a betting system, you need to figure out what sports you’ll be betting on.
Figuring this out is crucial for a couple of reasons. If you’re the type of gambler who bets on a combination of sports, then your system needs to be multi-faceted and flexible.
However, some aspects of a betting system are better suited for certain types of sports.
However, those of you who prefer to only place a few bets per day or week might be better suited to gamble on football.
Asking these important questions can save you a ton of time and help you avoid making simple mistakes. Not all betting systems are created equal, and each sport demands different things from a system.
5 ‒ Should I Adopt a Popular System?
If you’ve been betting on sports for a while, you’ve likely heard about some of the more popular betting systems. The most well-known of these have been used by countless gamblers before you, and are worth looking into.
- Martingale System: a system that involves progressively increasing your bet after every loss
- Labouchere System: requires bettors to spread their bankroll around into multiple bets in an effort to win an amount of money you previously agreed to
- Positive Progression: increasing the size of your bet after each win
- Paroli System: Doubling your bet after every wager you win
As you can see, there are several different types of systems that operate in a variety of ways. However, not one of these systems can guarantee that you’ll win over 50% of your bets.
Still, some new sports gamblers are convinced to give one of these popular gambling strategies a shot. Unfortunately for them, many of these strategies require a pretty large bankroll and aren’t intended for casual, first-time gamblers.
6 ‒ What Winning Percentage Should I Be Happy With?
As a general rule, sports gamblers should be content with a 52% winning percentage and ecstatic with anything over 53%. This should guarantee that you are breaking even, as long as you’re placing the same amount of money on each wager.
This math might not seem like it adds up, but it’s worth noting that most sportsbooks and gambling sites charge a small percentage (known as a vig). So if you were to win half of your bets, you’re going to be bleeding a little bit of money.
Having said all that, it’s important to set your expectations before you start gambling. Unless you’re a naturally gifted sports bettor, you’re not going to win more than 50% of your bets right off the bat.
It’s going to take some time before your betting system starts to work. Your primary goal should be to monitor slight improvements with each passing week.
Eventually, you should get closer and closer to winning half of your bets. Hopefully, you’ll get to the point where you’re betting for a profit.
If you fail to achieve success at some point, it might benefit you to alter your approach and tinker with your system.
7 ‒ When Should I Tinker With My System?
At some point, you’re likely going to hit a brick wall and your progress will plateau. This happens to the best of us, and you have to figure out the best way to push forward.
Figuring out the correct move can be confusing. Additionally, the wrong decision can be catastrophic to your returns.
Over the past few years, I’ve learned that minor changes are much more effective than drastic ones. But, if things start going downhill fast, it might be hard to resist the urge to change everything about your system.
When your system is failing, it’s worth scaling your bets back and putting less money on the line. You might just be facing some bad luck.
When you’re creating a sports betting system, it’s important to ask yourself a few questions.
First of all, a betting system is simply a strategy sports gamblers use in an attempt to earn consistent profits. If you gamble regularly and want to increase your chances of winning money, it’s worth creating a system.
Casual bettors who only place 1 or 2 wagers a week might not need to invest all the time it takes to create a strong system.
A good betting system takes time to create, so don’t be discouraged if you don’t see immediate results. Minor adjustments are often much more beneficial than sweeping changes to your betting strategy.