The Martingale
The Martingale is widely used by players of casinos. You can also use it for sports betting?
What is a Martingale?
The Martingale system is very old. Created for players of casinos, the Martingale is easy to understand: if the bet / and loser s, you can gradually increase the amount of your bet to recover all of your losses and made a profit in the first bet. After finishing the long awaited earnings, return your strategy from the start and began to bet the initial figure.
The following formula calculates the amount of the bet optimal
Bet = (P + G) / (Q-1)
Legend: P =
a total amount of accumulated losses
desired gain G = Q = Quote decimal
What are the risks the Martingale?
The real limit of the martingale is its practical application. In the event of a negative number, the amount of bets soon becomes significant. In a classic Martingale, after a string of five losing bets with odds of 2, the amount of the sixth game comes to pay to 32 times the original bet!
Moreover, the martingale is not in itself a means of achieving long term gains. The only way to achieve this is to calculate the probabilities more accurate than those of the bookmakers.
KELLY THE FORMULA The formula Kelly: What?
Kelly's formula allows you to identify the optimal amount to play according to the portion of your bet and the odds that you made. Bet more would involve an unnecessary risk, but would not bet a lower yield.
The best bet is expressed as a percentage of the total amount you wish to allocate to sports betting.
How can you calculate your bets with the formula of Kelly? To calculate the amount
of your bet, you need to know the amount given by the bookmaker (Q) and accurately determine the probability that your prediction (P) turns out to be a winner. The formula is as follows: Sum
% stake in the bet-your budget = (Q x P-1) / (Q-1)
Warning! This system will become profitable only if you can calculate a more accurate probability of the one identified by the bookmaker! If your calculations are wrong, this strategy can accelerate your losses.
Formula Kelly: Our advice
limits the maximum amount of your bets to avoid losing too important. Set a ceiling (For example, 1 to 5% of your budget) or multiply the percentage calculated using the formula of Kelly for a coefficient between 0 and 5.
imposes limits. Even if you push your beliefs to bet more money, you just stick to the points calculated with this system. Kelly's formula has proven its long-term!
Always remember that the only purpose of the Kelly formula is able to predict the outcome of an event more accurately the bookmakers! Do not worry, you're in safe hands with SportyTrader!
SURE BET
and earn a sure bet you can! What
a Sure Bet? When
between the shares offered by the different sports betting sites, there is a big difference for the same event, you have the possibility to realize a sure gain, whatever the outcome of the event. How? It's easy, just bet on all possible outcomes of an event, when the result of the following formula is correct:
1/quota 1/quota 1 + 2 + ... + n 1/quota < 1
Locate a Sure Bet?
is very difficult, almost impossible, to find yourself a sure bet, given that the allowances are changed and the number of events and bookmakers is high.
Various services on the internet offering programs comparison of the shares (free services) or the Mail Alert service to alert each time there is an opportunity for Sure Bet (paid service).
odds-comparison programs are valuable tools for the best betting odds, if you have accounts at several sports betting sites. But do not expect to use them to identify arbitrage: the bookmakers quickly rebalance their shares when they are offset!
The only services that allow you to actually realize those are a Sure Bet Mail Alert. This will immediately send an e-mail as soon identify a Sure Bet. It sent several hundred per day. The best
Mail Alert Service on the Internet is, In our opinion, to Oddsandbets, which also offers free trial offer.
Sure Bet: our advice
To ensure that the investment will prove profitable in the Mail Alert and achieve real gains, you must: Possess
substantial accounts at several sportsbooks.
connected to the Internet, have an ADSL connection and make your transactions immediately!
Check the maximum that you can place bets with bookmakers prior to each Sure Bet.
Check the bookmakers' rules: There are differences on the rules for certain sports, especially tennis.
