If you want to be a professional sports gambler you have to learn how the betting system works and how to use it in your favor. Once you figure out how everything runs you need to develop a steady strategy in order to make sure that you will have a regular income. You also need some investment tips in order to learn how to manage your money wisely. You may think that by now, you know all about how to manage your income but if you want to be a professional better you need to deepen your financial knowledge. Today we are going to discuss the Martingale betting system in order to help you earn a regular income from sports bets.
The Martingale Betting System Picture
Although this theory is very efficient, it is also very brutal so it should not be played by beginner gamblers who cannot control their emotions and who are influenced by subjective factors. At the moment, there are a lot of betting theories which promise to make all sports enthusiasts rich. Unlike these shallow and risky theories, the Martingale betting system has been around since the 18th century, therefore it already has a proved efficiency which isn’t influences by the new sports seasons.
The Martingale theory is a chase strategy. As a better, you first need to pick your stakes as well as the amount of money that you want to win. For example, if all games had 2.00 odds and you wanted to bet $10, your goal would be to win $20 dollars. If the team that you bet on, loses the game, then you need to double the bet on their next game. As you can imagine, aside from a calm and reasonable mind, you also need to have a big bankroll.
The Martingale theory can be used for a wide variety of sports and games. The most popular game where this theory is applicable is the roulette when the players bet on red or on odd number. If they lose the first bet, they continue to make the same bet with double stakes. In the world of sports, the Martingale theory works very well in the grand salami of the NHL. If you are unfamiliar with the NHL, you need to know that the grand salami is the total number of points that will be scored in a certain day. Lets assume that the odds for all games are 2.00. If the NHL has a line of 43 points in a day then you wager $5 on the over. If you win you make a profit of $5. If you lose, you double your bet and continue until you win. By doubling your bet, you are making sure that the win which will eventually come will not only cover your previous loss but it will also bring you a small profit.
As we mentioned above, in order to successfully apply this theory you need to be calm and have enough money to support your bets until you win. If you don’t have enough money, you will lose your temper if you lose a lot of bets in a row. The problem with this system is that you start with a small amount of money in order to make a reasonable profit. However, at one point, you may find yourself betting 100 times more than the initial bet. Such a situation can cause a lot of gamblers to lose their cool and give up on the system. So you see, it is essential to have a big bankroll in order to afford to use this system. Betting your life savings is never a good option.
People who have a faint heart but want to try out a progressive betting system should try the Anti-Martingale system. It works in a similar way as the Martingale theory, the only difference being that when you lose you decrease your bets by half and when you win you double them. Therefore, when you have an unlucky period, you will keep your loss under control whereas when you are winning you will make more and more money.