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Mathematical Sports Betting Strategies

Mathematical Sports Betting Strategies
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Betting systems are strategies that have been developed over time by bettors. Strategies are a shortcut in an attempt to maximize winnings and reduce losses. No matter which sport you choose to bet on, there are calculated and measurable ways by which punters can identify and pursue only the most profitable odds. Over the years, several different betting systems have been created that each explores a new approach to placing wagers. Some instruct bettors to bet more when they win and to reduce the bet when under a loss. Professional bettors know exactly in which situations to apply a specific betting system. It’s a skill that serves them well when up against a usually uninformed betting public.

 

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Mathematical Sports Betting

Here we take a look at some of the best mathematical sports betting strategies employed by successful punters across the globe:

1. Fixed profit betting strategy

A fixed profit betting strategy is a relatively simple mathematical sports betting concept. It instructs a bettor to increase his net profit by a fixed amount on each consecutive bet. The equation used to calculate this is Profit (Odds on the Outcome-1). This approach ensures that a bettor doesn’t lose his entire bankroll too quickly and sustains profits in the long run. For this strategy to work, bettors must fix on a yield of 3-5% of the whole bankroll.

2. Martingale System

The Martingale system proposes that for every loss the bettor incurs, he must increase his stake by double. This way, he may recuperate any losses from the previous hand as soon as possible. Although this system theoretically sounds like a sure thing, not every bettor has an unlimited bankroll. So in the event of a losing streak, the punter is sure to exhaust his funds before he can recover. Also, most virtual sportsbooks feature a betting limit which will prevent a bettor from excessive spending.

3. Proportional Betting

With proportional betting, a punter’s winnings multiply much quicker, while losses slow down. This incredibly effective betting strategy is more popular than the fixed amount betting system among bettors. This system assigns a fixed percentage from your bankroll and then increasing each bet by the same rate after each win.

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4. Maria Staking Plan

This is a financial strategy that divides the possible bets into three groups depending on the odds of any game.

  • If the odds on the outcome of a game is lower than 3.5, then this system instructs the punter to bet 1% of their bankroll.
  • If the odds are between 3.5 to 7.4, then the bettor must place 0.6% of his bankroll.
  • Similarly, if the odds range between 7.5 and 11, the stake must be placed at 0.4% of the bankroll.
  • In case the odds are above 11, the Maria Staking plan insists that you do not take that bet.

One unique feature of this strategy is that at the end of each day, the final bank size is recalculated depending on the results. So if the bankroll at the end of the day has increased, then the amount on each bet rises even though the percentage value remains the same.

5. Miller’s Betting System

This financial staking formula was developed by American gambler John R. Miller. Miller is also the author of a book called ‘Professional Gambler’. This betting system is only applied to events with odds ranging from 1.85 to 1.91. The probability is more or less evenly split at 50/50. Miller calculated that, ideally, the odds would be set at 2.0. However, the bookmakers bake a margin into the odds for themselves. So the formula needed to account for this margin as well to be efficient.

This strategy encourages the bettor to bet a fixed amount of 1% of his bankroll on the initial stake and then increase the bet after each event until it reaches 25%.

6. The Method of Tank Attack

The method of tank attack is used on odds up to 1.5 and is extremely popular among bettors. The game bank of the bettor is divided into several equal parts or ‘tanks.’ Bettors make subsequent bets for that particular cycle from these tanks. The bettor then goes on to calculate the number of steps or bets with each tank. It also helps to calculate how much in earnings you expect to receive from each tank. By dividing funds into tanks, bettors are safeguarded from the losses of one tank by the other. The game can progress further until the bettor’s goals for that cycle are met.

FAQ: Mathematical Sports Betting Strategies

 

  • Is it possible to achieve a decent stable income on sports betting?

  • How do professional gamblers win on sports betting?

    Professional gamblers win sports wagers by adopting sports betting strategies, gaining years of experience in sporting events and games, and sticking to a consistently profitable system that minimizes risk. Amateur gamblers become professionals when they’re able to hit a better strike rate more consistently. Professional gamblers also tend to be specialists in a few sports or leagues, such as the EPL in football or the NBA in basketball. By specializing in a few betting markets, punters can accurately predict profitable wagers every week.

  • Which has better odds, lottery or sports betting?

    Punters often compare different betting avenues to find the most profitable types of wagers. The most popular betting options punters have access to include sports betting and betting on the lottery. Within both lottery betting and sports betting, punters have access to different types of betting markets. The betting markets on sports wagers are more extensive than the lottery. The odds of winning the main jackpot for most lottery wagers are one to over a million, giving punters almost no chance of winning. The side jackpots have more reasonable odds of 1 to 30, giving punters a slight chance of winning a small amount. Sports wagers can range from 1 to 1 odds on regular bets to 1000 to 1 odds on Acca wagers.

  • Where can I find the best gambling strategy?

    Punters can find different sports betting strategies specifically adapted for different types of sporting events on the Rescuebet platform. Punters on Rescuebet gain access to multiple sports betting systems in various formats that are easy to understand, implement and adopt. For example, punters can read, watch, listen or interact with videos, podcasts, blogs, articles, tutorials, tv, and more on the Rescuebet platform. Punters can learn how to use the D’Alembert strategy, the reverse Paroli strategy, the Fibonacci strategy, the proportional betting strategy, the tank-attack strategy, and more.

  • Can knowledge in big data help you win football bets more?

    Knowledge in statistical software and big data gives punters a unique edge in making football predictions. Football is one of the sporting events where future performance depends on the past results of teams. Utilizing match information such as recent form, past performance, head-to-head results, average goals scored, upcoming fixtures, etc., punters can predict match results to a certain degree of accuracy. One widespread betting software punters use includes R, which helps punters analyze multiple data points to make betting predictions and season results.

  • What is the best football trading strategy?

    Punters have access to multiple football trading strategies. No single strategy is better than other strategies at all times. Depending on the situation and punter, some strategies are better suited, while others could be detrimental to a wager. A punter needs to understand the different types of betting strategies and when to use a particular strategy. They classify football strategies into high-risk, medium-risk, and low-risk strategies.

  • How exactly can I use the four generic strategies?

    The four generic football betting strategies include bet sizing, selecting the betting market, the match to wager on, and result betting. Utilizing these four basic steps can help a punter advance to more complex betting strategies.

    1. Bet sizing is utilizing a fixed or variable percentage of the total betting funds to make wagers.

    2. Selecting the right betting market enables a punter to make a wager most efficiently while also ensuring success on the bet.

    3. Punters have access to multiple games across different leagues and countries to wager on. Some games are easier to predict, and others are harder.

    4. Punters can make wagers on the expected result of the game or other betting markets such as top scorer, clean sheet, tournament winner, most assists, handicap market, etc.