3 Proven Betting Systems That Work
I remember when I first looked into betting and trading and googled “betting systems.”
There was all sorts of progressive staking systems, martingale systems, stop at a winner systems, progressive laying systems. The fact was though that none of these betting systems held up to any long term analysis and would normally blow your bank if you followed them for long enough.
There are however three betting systems that I have used over the years that are profitable in the long term.
Arbitrage betting is something that I still use on the occasion as part of my portfolio. Arbitrage betting is covering every outcome of an event to guarantee a small profit on your stake.
Here is an example from bmbets.
This is an example of a 3.3% arbitrage between Pinnacle and Marathonbet. In this example a total of £150 is staked for a profit of £4 on the over/under 2.5 market.
The only issue with arbitrage betting is that it has a limited life cycle as bookmakers will limit arbitrage bettors accounts once they see that they are not going to be profitable customers.
Arbitrage betting is a great way to build up a betting or trading bankroll before you move on to betting or trading with exchanges and Asian bookmakers.
Value betting is similar in a way to arbitrage betting as it involves exploiting the soft bookmakers. A value bet involves looking for odds that are out of line with the Asian Bookmakers or betting exchanges.
I have written about value betting previously in some detail which you can read below.
Again the only downside to consistently taking value bets is that soft bookmakers will eventually see that you are able to make money from them and will limit or close your account.
The advantage that value betting has over arbitrage betting is that you generate a much higher turnover and use lower stakes which may make your accounts last longer then conventional arbitrage betting.
The popularity of matched betting has exploded in the last few years and with good reason.. Matched betting is probably one the best and easiest ways to generate a good second income online. It involves taking advantage of bookmaker offers to guarantee a profit much like arbitrage.
The big advantage that matched betting has over arbitrage is that is a lot less obvious and harder for bookmaker employed traders to spot.
I have covered matched betting previously in more detail in this article below.
So there you have 3 proven betting systems that work and will be profitable in the long term.
Each of these betting systems involve exploiting soft bookmakers. This is really the best way to start making money from the sports betting markets and allows you to build up a nice trading bankroll or good second income.