# Sports Betting Tips

## The Martingale Betting System

No player can win regularly and make a profit without a good betting system in place. Nevertheless, money management is the key to a functional system. Below you will find a comprehensive guide to the Martingale betting system:

• Introduction

The Martingale theory is a very popular betting system, and for a very good reason: it can offer you a change to become wealthy. However, it may not be such a great idea for those who lack courage, because its roughness is directly proportional to its effectiveness. Every season a new betting system is created and its success intensely advertised. These betting systems can waste your money and result in serious financial losses. The Martingale betting system can hurt you too, of course, but this system has been around since the 18th century because it has a higher chance of success. If you manage to keep your betting stakes under control and go for bets with a positive expected value, this system can be very effective and fun.

• How does it work?

The concept of the Martingale betting system is simple and easy to understand. The bettor has to pick a stake and the amount he or she plans to win. Because this system is designed for even wagers, the change of success is considered to be fifty-fifty and the odds 2.00. If the bettor puts \$50 on a football game and the bet is lost, under the Martingale System the gambler must now place \$100 on the next game. However, you must have quite a big bankroll if you are using this method, because the betting stakes can escalate rapidly.

• Where can you use it?

Although the Martingale betting system can be used for numerous gambling games, it is very popular with the roulette. If players bets on red on an odd number and it doesn’t hit, they will double the wager on the next spot. For example, in the NHL Grand Salami, a wager is the total amount of points scored in a particular day in all games. If the NHL has a line of 43 goals and you wager \$5 on the over and it goes under, the next day you wager \$10. In case you win, you will recover the initial bet lost plus profit and you can return to the base amount.

• Bankroll and swings

When you use the Martingale, it is important to have a large bankroll. If you have a bankroll of 500 and put \$50 on a game, if you lose the next time you will have to put \$100 and if you lose again, \$200. But now you only have \$150 left in the bank and cannot wager \$400. Although there is a potential to make a substantial profit, you must be able to ride out the bad streaks.

• The Anti-Martingale system

The Anti-Martingale system is the opposite of the Martingale theory and works by decreasing the amount wagered after a loss and increasing it after a win. If you bet \$10 on your favorite team and they win, you will bet \$20. However, if they lose you only wager \$5 on the next game. This way you can limit the losses when the streak is running cold and win more money on a hot streak.