The recognition of Sports Betting has exploded over the past number of years. This is mainly due to the accessibility of online betting agencies, and also improved communications that enable us to keep in tune with events at any sporting contest on earth, either on tv or even the web.

In the past, sports betting was limited to horse and dog racing, where your selection had to beat numerous other competitors that you can win. It was all too easy to get a run of losses that might deplete your funds, regardless if you bet on the favourites. It was impossible for outsiders to make a successful living out of racing.

Today you are able to bet on events where there are only two competitors. This causes it to be much harder to hit that losing streak. Furthermore, sports events are happening all around the world, at all times of the day and night, so you may use this system before or after work. You can stick with the favourite sports that you know so well, for example NBA, NFL, great soccer online and tennis, where huge sums of cash are wagered. You can win as much as you like through sports betting online without drawing any focus on yourself, unlike in casinos in which you are thrown out if you keep winning.

Most systems focus on the process of picking a winner. However, the outcome of a sporting event depends upon numerous variables, so it’s impossible for a basic system to reliably predict winners. You will notice that even experts within the individual sports are so often wrong. Solely those those with in-depth statistical analysis have the knowledge to reliably predict winners.

Therefore, rather than searching for a system that picks the winners, we focus on the actual staking process. This method is a progressive betting system, which could generate consistent gains, even when you only have fairly average wins. Because of this, we select sports with only two outcomes. Because of this, your selection will be within an event with only 2 competitors/teams, and you must decide what your target win amount will be.

If you begin with a target win of $30, pick a team in an NBA game, and calculate how much you’ll need to wager in order to win your target based upon the odds available. If the odds are 6/4, in which case you will have to bet $20. If your team wins, you’ve got achieved your target. On the flip side, if your team loses, you are down by $20. This amount has to be added to your original target, so your new target for the next bet will be $50 (original $30 target plus $20 loss). So as you are able to see, when you pick a winner, whether it is within the first game or after the fourth, you achieve your target win.

This really is a good approach to come out in front even when you’ve got picked more losers than winners. As you have to increase your betting amounts after a loss, your target amount should be a small portion of your funds (no more than 5%), so it increases slightly with every win.

How does it lose? Simple – while you have seen, your bet increases each time you lose. If you have a run of losers, it’s going to wipe out your funds. Again, this is why you should bet a small number of your funds, on sports with only two outcomes, so the chances of losing all your funds are virtually eradicated.