Spend anytime looking for sport betting systems and you will see some outlandish claims about sky rocketing your bankroll fast. Do these sport betting systems really work in the long run or are they just as risky and costly to your back pocket as impulsive betting?
If you are like people that loves to bet on your favorite sports you probably daydream about the day you can become a professional sports bettor. The reality is that making a living out of sports betting is indeed possible when you approach things with the right mind set and with proven sport betting systems.
First you need to assess how much you are willing to gamble, a bankroll that will fund your betting career. How much money you have is not important when you are starting, you goal should be increasing your bankroll overtime so patience is critical. Your bankroll should be money that you can afford to put aside and used solely for betting and your sport betting systems.
You will hear a lot about unit sizes, bet size ratios and other fundamental betting principles related to your bankroll. Typically most will advocate wagering 1-2% of your bankroll on any bet. While this works, the professional sports bettors take things one step further.
Professional sports bettors are not the luckiest people in the world. There is nothing magical about their abilities to make money over time.
What separates the professionals is their sports betting systems that are based on money management systems. Most people will spend almost all their time deciding on who to bet and why instead of how to bet. These money management systems are purely mathematical.
This is why the pros are able to still make money on a series of bets only picking 40% winners for example. How is that possible? They use betting progressions and strategies that allows them to minimize their risk of loss over a series of bets but also maximize their profits.
An example of sports betting system based on betting progressions is the 2/6 Straight Bet. The 2/6 Straight bet is a series of 6 bets with predetermined amounts betting 1-2 games at a time. Once you win two consecutive bets you begin from your first bet amount. In the 2/6 progression you can win only 33% of your bets and still make a profit! Your bankroll is broken into quarters so if an unbelievable losing streak occurs you still have 75% of your bankroll.
This is how the professionals do it, the 2/6 is one example of a sports betting systems used daily by the pros. Personally I have 6-7 betting progressions that I use that have yet to fail me. When you approach it as purely mathematical, things change very quickly and you will see exactly why only 2-3% of bettors make insane profits.