Sports Betting Centre

Sunday 12 October 2014

Horse Racing Tips and the Merits of Sports Betting Systems

Anybody who has seriously considered sports betting as a means of earning a living will have toyed with the idea of adopting a betting system.

A "system", in effect, is anything that entails taking a methodical approach to placing bets as opposed to the "leap in and hope" way of the more random, occasional bettor. This may involve limiting stakes to a certain percentage of one's bank, backing and laying or indeed a combination of strategies. At one time or another they have all been tried, with varying degrees of success.

At the extreme end of the scale there is the ill-conceived Martingale system, which works on the principle that as it is indisputable that you will always win eventually, all you need to do is to keep increasing your stake each time to incorporate all the losses previously incurred during the cycle. What happens in practice is that you win a small amount most of the time, then lose it all and a little bit more besides when you eventually hit a sequence of losses - as you inevitably will - that either leaves you with insufficient funds with which to place the enormous bet you will need to place to recover all your losing stakes, or requires you to place a wager of such a size that no book will accept it.

It always pays to remember that even when you have flipped twenty heads in a row, the chances of the next flip showing a tail are still only fifty-fifty!

Of course a carefully calculated approach to sports betting can be helpful. Some may say it is essential to long-term success that you are able to keep a cool head and to avoid the temptation to be reckless on the back of a hunch, an approach that can often does result in all one's previous hard work being negated.

RELIABLE INFORMATION

But the key to it all is to understand that whichever betting system you use needs to work in harmony with well-researched, reliable information from a trusted and capable source. When one bears in mind that the odds are already stacked against the bettor by virtue of the fact that the bookmaker retains a house edge and doesn't offer the "real" price, it is necessary to ensure that you have good data upon which to base your selections through your system of choice. Remember, no matter how clever or scientific your system may be it can never work unless at least some of the horse racing tips or other information that you act upon actually proves successful.

Thus the secret of success in sports betting, whichever system you choose, is to avail yourself of the services of a good tipster with a proven record of success.

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