In the beginning of modern time, Guest Post Roman Empire, first settlers, betting in sport was established almost long as the sport itself sportsbet. The first bet was among the fans sitting next to each other at some event and placing some bets on their team to win. You also know that when in your home, you bet with your better half, usually it’s not a money bet. Anyway, that is just an example of how much the betting is in our blood and DNA. Generations and generations have put their bets in the past since the beginning of time. In Gladiator fights we first saw the organized betting, and also the first fixed fights. That is the only thing that can make us annoyed or rich, which depends on the information you may have on fixed games or fights. That is the reality of modern sports and we must accept it.
If you want to make some money in sports betting, there are some things you must know first before you sail into this risky adventure. Score tracking nowadays doesn’t mean a lot, you have to put all the factors in your calculation for the right bet. Teams play games, players will win or lose because of many factors. You must not rely only on the numbers, the home field can also bring the difference, and one injured player can make the difference between losing and winning. We all saw how Argentina lost in soccer this year, even with Lionel Messi. Numbers can be a very tricky thing. The only thing we can conclude from this is that you need a good strategy to place your bets, cover your losses and win some money in the process. Let’s take a look at a couple of betting strategies, shall we?
Martingale Sports betting strategy
This system is the long term investment, with low and in most cases steady income. This is the essence of this strategy if you bet on small odds there is the small win. The Martingale Sports betting system is good for beginners because it teaches us how to protect our initial investment and slowly, safely multiply it in time. Also popular as grandpa strategy, and boring one because it teaches us that in 1$ invested we should be happy to get 1.20$. Totally without any excitement of betting and expectations of the win of your favorite team, or the odd you have to put money to. But if you have patience, try it. Maybe in a couple of years, you become a millionaire if your initial investment is 10,000$ who knows what will happen.
Kelly criterion
This system for betting can also be applied in sports betting. Kelly criterion system is for people who know their math. But also built on odds and percent’s in winning, but it’s much easier for people who know math and excel. Kelly formula for excel can be downloaded on the internet with only a simple search in your browser and the betting can start. This system also includes Full Kelly and Half Kelly approach. Percent of seeing your bankroll get lower with Full Kelly is around 33%, and with Half Kelly is 11%. Anyway, you should consider this if you are even average in math, and you love calculations before placing your bet. I don’t love math so I will stay away from Kelly criterion.