4 Proven Betting Systems That Work in 2024


 Proven Betting Systems That Work

I remember when I first started searching for a proven betting system googling the term “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.

But after researching a bit longer, testing out hundreds of betting systems and strategies. I actually found a few betting systems that did actually work and started to make consistent money from sports betting.

Proven Betting Results


In this article let’s go over four betting systems that can actually make you a long term profit..

Which continue to be profitable in the year 2024!


Proven Betting System 1 – Arbitrage Betting

Sports Arbitrage betting is something that I still use on the occasion as part of my portfolio

Arbitrage betting involves covering every outcome of an event. In order to guarantee a profit no matter the outcome.

Here is an example of a number of arbitrage bets found using the software Oddsmonkey.

Besiktas Arbitrage Bet


For example if we take one of the arbitrage bets above.

There is a 2.36% arbitrage bet between Antalyspor and Besiktas in the Turkish cup.

We can can back Antalyspor at odds of 2.6 with both Unibet and BetMGM. There is a lay bet available at the betting exchange Smarkets at odds of 2.54 (I lay bet means we act as a bookmaker and lay someone else bet.)

For every £100 risked across both outcomes a profit of £2.36 could be guaranteed.

Arbitrage Bet example

Although this may seem like a small amount, you can use larger stakes to make a bigger profit. Also there are multiple arbitrage opportunities every day and these small tax free profits can soon add up.

It is a simple betting system that once you understand fully, can be used again and again.

Negatives of arbitrage betting?

3 Proven Betting Systems That Work


The only issue with arbitrage betting is that it has a limited life cycle.

Bookmakers will eventually 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.

Check Out The Utimate Guide To Arbitrage Betting For More Information On Sports Arbitrage


Proven Betting System 2 – Value Betting

Value betting is similar to arbitrage betting as it involves exploiting the soft bookmakers.

A value bet involves looking for odds that are out of line with the sharp Asian Bookmakers or betting exchanges.

Given that the odds at sharp bookmakers and betting exchanges are quite efficient in big markets. The betting exchanges and sharp Asian bookmakers often offer close to the true odds of an event.

Sometimes when there is odds movement on these events soft bookmakers will be slow to move their odds.

Consistently betting on odds above the Asian bookmakers and betting exchanges has proven to be extremely profitable.

3 Proven Betting Systems That Work

Image courtesy of Trademate Sports.

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.

A lot of bookmakers will also offer value accumulators often on a weekly basis as part of odds boosts or special promotions.

Negatives of value betting?

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.

However if you plan to make money from sports betting. Getting banned from soft bookmakers is going to happen whichever way you choose to make money from them.

Click Here To Read The Utimate Guide To Value Betting For More Information On Value Betting


Proven Betting System 3 – Matched 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. Another massive advantage of matched betting is that profits are tax free.

This betting system involves taking advantage of bookmaker offers to guarantee a profit much like arbitrage betting.

The big advantage that matched betting has over arbitrage is that is a lot less obvious and harder for bookmaker’s employed traders to spot. Regular sports bettors will also be using free bets which means that as a matched bettor you don’t look massively different from everyone else.

I have covered matched betting in a lot more detail in this article below. It is an ideal starting point for anyone that is looking to start making money from sports betting.

3 Proven Betting Systems That Work

Negatives of matched betting?

There isn’t many downsides to matched betting. Bookmakers will stop giving you promotions eventually. But as discussed before this is what happens when you become a profitable sports bettor.

So there you have 3 proven betting systems that are currently working in 2024. Which should also prove 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.

Proven Betting System 4 – Betting On Team News

One proven betting strategy that you might not know is reacting quickly to team news.

Odds can rapidly change on the basis of team news.

If you have a good knowledge of the teams that are playing, then you will often be able to secure yourself a value bet.

Here is a good example of how odds can change when a teams lineup is announced.

In this example I have highlighted the point at which team news was announced.

This was a Europa League between Arsenal and Standard Liege.

Arsenal announced a weaker side then expected, from this news the odds on Arsenal drifted quite significantly before the game started.

If you were familiar with the teams and reacted to the information you would have been able to secure yourself a value bet on Standard Liege.

Due to the fact that Arsenal’s odds were drifting so the odds on the draw and Standard Liege would have to shorten.

This is a really effective strategy and if you have access to betting exchanges you can secure yourself a profit before the game even starts.

Here is a video which explain this strategy in more detail.

The Sports Betting Strategies That Made Over 150K Profit

As mentioned throughout this article, there are proven sports betting strategies that make money over the long term. The best approach that I have found is to use the simple low risk strategies first and as your bankroll/confidence increases.

Then you can scale up to use more advanced strategies.

  1. Matched Betting
  2. Arbitrage
  3. Value Betting
  4. Casino Offers

Are the key betting systems to get started with. Oddsmonkey is a service that covers all of these methods with guides and provides software to help you pinpoint the best opportunities.

Click Here Now To Start Your Free Trial

Oddsmonkey Profits

Betting The Underdog In Football – A Winning System?

Betting the underdog in football can it be a winning system?

In a past article I have written about the favourite longshot biasAnd why you shouldn’t discount short odds as having no value. As often there can be excellent value found at the shorter odds ranges.

However what about underdogs, Is there money to be made backing underdogs?

Betting The Underdog In Football
Bradford City beating Chelsea 4-2 at Stamford Bridge

Value Can Be Found At Any Odds Range

There have been numerous studies which have shown that if you go around blindly backing underdogs in football. You are going to lose a lot more money then if you went around blindly backing favourites.

However this does not mean there is no value to be found in betting on underdogs.

Value can be found in any odds range. Whether those odds are 1.01 or 1000. Either of those odds could have value dependent on the situation.

For example lets say in some alternate universe Barcelona were playing my Sunday league team in a competitive game. For some reason bookies priced Barcelona at 1.01.

In this situation I would know there was close to a 0% chance my side would beat Barcelona.

For a variety of reasons.

  • Pete’s dodgy knees
  • Half of the team would have been on the lash Friday night
  • Completely outclassed in every imaginable area of football

So odds of 1.01 on Barcelona would be great value.

Then in another alternate universe Floyd Mayweather was going to fight Conor Mcgregor (oh wait that’s actually happening.)

With bookmakers giving Mcgregor odds of 50.00.

Given Mcgregor has a punchers chance, comes from a combat sport and is a good athlete. Most people would agree that odds of 50.00 would be value in this situation. (Odds of 5.5 not so much)

Betting Underdog

League 2 Football Betting System

A blog that I mentioned in my best sports betting blogs article called Green All Over. Has highlighted a simple underdog betting system in English football. Which has provided just over a 9% return on investment over the last five seasons. 

Betting The Underdog In Football
Picture courtesy of green-all-over.blogspot.co.uk

This underdog betting strategy shows that by betting League Two sides playing away. At the maximum closing odds available. Would have yielded a 9.32% profit since 2012-2013. Using the closing odds at Pinnacle this betting system would have also recorded a profit of 3.77%

Pro Footy Tips

Pro Footy Tips is a tipster that is also showing that there is money to be made from backing underdogs in football. A return on investment of 16.25% is quoted to have been made from 638 bets. (At the time of writing)

Betting The Underdog In Football

Having trialed and tested various betting gods tipsters. I would believe these results to be accurate.

These results have been achieved backing average odds of 4.8. This is another indication that there is value to be found from backing underdogs in football.

What should you be aware of when backing underdogs?

  • Longer losing runs

When you are backing at higher odds its possible you might encounter some long losing runs. As you will be betting on outcomes with lower probabilities it is not uncommon to lose 20 or 30 bets in row. The higher the odds ranges you are backing the more likely a long losing run could occur.

Betting The Underdog In Football

Just to highlight this. You can see from the above image that Pro Footy Tips lost 19 out of 20 selections. From January 24th to February the 14th 2017. But still has a really impressive return on investment and makes profit long term.

  • Bigger bankroll or lower staking

Because you are backing at higher odds where losing runs are more frequent. You will need to make sure your bankroll can sustain these periods. This means that you would either need to stake lower amounts or have a larger bankroll. Compared to a betting system where you would be backing favourites.

  • Use The Betting Exchanges

In most cases you will find the best price on underdogs is at the betting exchanges. If you want to make long term profits from betting you always want to make sure you get the best odds possible. When looking at underdogs you should always check the betting exchanges. 

Betting The Underdog In Football

Betting The Underdog In Football

In conclusion you can see that it is possible to make money backing underdogs in football.

Much like every other aspect of gambling whether its sports betting, sports trading or poker. If you put in the research, find a sufficient edge and use a proper staking plan. Long term profits are possible.