Betting Systems & Strategies 2021
You would know that sports betting is a major branch of online gambling. If there is one thing that comes as close to online casinos in terms of popularity, that would be sports betting sites. And with betting, comes betting strategies.
In this post, we have compiled the best sports betting systems that you can use in your betting. These strategies are guaranteed to increase your possibility of winning a bet at your favorite sport.
The best bookmakers for Betting Systems in Nigeria
What is Betting Systems?
Before educating you on those amazing sports betting strategies, we would like you to know what are they.
In a nutshell, betting strategies are invented to help you increase your odds of winning. If you go out and expect to win every bet you make in Nigeria, it will be a massive disappointment for you. What you can do is follow some basic strategies to give your betting habit a structure.
If you are interested in the history of sports betting in general, you will be delighted to know that even the ancient Greeks liked to bet. They are also the ones who invented the Olympics. This indicates the Greek’s love for sports. And it did not take long to divert the love toward sports betting.
And the best bettors during that time also followed betting systems. So, we can confidently say that betting strategies are as old as sports betting itself.
Why Do You Need Betting Systems and Strategies?
It’s a very good question to ask. At the end of the day, sports betting is supposed to be a fun activity, right? Why would anyone need to understand and study strategies to have fun?
While you have every right to ask those questions, let us look at it from a different perspective. Betting on sports is fun. But if you know you have a bigger chance to win some money, doesn’t it become even more fun?
To understand why learning about betting strategies is so important, we can take a look at an example.
Suppose, you have just started to explore sports betting. You made an account at your favorite sportsbook in Nigeria. And we can pretty confidently say that football is your favorite sport as a Nigerian!
So, you go in there and find out that there’s a match between Uruguay and Spain. And you can make bets on them. At this point, you don’t have a clear understanding of how sports odds or any betting systems work.
You would generally go with your favorite team. And as you don’t know any other bets, your instinct would make you bet on the outright. It’s a bet where you place bets on the winner.
If you win, that’s incredibly lucky for you! If you don’t, you lose the bet and the money. And your favorite team lost! It’s going to be a sad day for you, won’t it?
So, what you can do is learn some betting systems. This way, you’ll be able to bet on more than the outrights. You can go in deeper into the match and make decisions like whether to put money on the highest goal scorer or not!
Betting systems also allow you to understand how fun sports betting can become. So, without keeping you waiting, let’s start with the finest betting systems you can apply to any sport, especially football.
One at a Time is How You Should Roll
To make the most out of sports betting, you need to master the art of the betting systems. And betting strategies will vary from sport to sport. As a beginner, it would be hard for you to keep track of everything.
What you can do is take one sport. Football for example. If you have an immense interest in football, learn everything there is about it. Learn about your favorite teams. How do they like to play? What are their strengths? How does the coach handle each opponent?
When you have a deeper understanding of the sport and the aspects that matter, you can do wonders with sports betting.
If we take our previous example, if you know how Uruguay and Spain differ from one another as a team, you can utilize the points spread or even an accumulator bet to maximize your winnings. And when you pair complex moves like arbitrage betting in one sport, you dramatically increase your chances of winning.
Fading the Public is Where the Fun Lies
Fade the public is another classic example of sports betting systems. In this bet, you do nothing but go against the clear favorite. The reason for you to do this is that it pays significantly better than going with the flow.
When a football team has a huge supporter count, the bookmakers will automatically put handicaps to balance out the discrepancy between odds. If they didn’t use handicaps, the odds of the favorite team would go through the roof!
This is where the betting strategies come into play. When you learn to utilize something like Fade the Public, you can increase your winnings by a huge margin. This is not a guaranteed bet. Nothing is in the world of sports betting.
But, when you take one sport at a time make the effort to know it inside out, you know facts that the majority of the audience does not. So, when a team is a crowd favorite, you might know information that others don’t.
For example, in a LaLiga match between Real Madrid and Sevilla FC, Real Madrid is the favorite. So, the odds would be higher for RM. But you know from your research that there is a good chance Real Madrid may not perform as well as the crowd expects.
That’s when you apply for Fade the Public. You fade them with your surprising bet and hopefully take a lot of cash home.
Use Only 2% of Your Bankroll
This strategy might look contradictory, but you should manage your bankroll this way to increase your potential to win. The betting system simply dictates that you use up to 2% of your total bankroll for one bet.
It’s very normal for you to go ahead and put everything you have into a match between Nigeria and Germany. But placing bets out of emotions is one of the surefire ways to burn through all of your money.
So, stick to the 2% rule. Make multiple bets instead. Use some to fade the public. Use some for arbitrage betting. Use some for point spread. Most modern sportsbooks in Nigeria allow accumulator bets so you can easily maximize your possibility.
For example, if you have a total bankroll of N50,000, 2% of it would be N1,000. So, don’t place over N1,000 for Nigeria to win. Use the money for other bets. We know it’s more time-consuming than you would have thought. But it makes your betting experience even more fun and thrilling.
Don’t Forget the Points Spread in Sports Betting Strategies
A point spread is quite a complicated bet and people tend to stay away from it. But when you understand it clearly, you gain an edge over regular punters. You become the knowledgeable Nigerian who can effectively utilize a point spread.
In a point spread bet, the betting strategies don’t rely on only one market. Rather, it takes the match and breaks it up into pieces to increase your chance of winning more.
We have to include the concept of odds here. In a match between Nigeria and Germany, there will be odds for both teams. If you see something like -1.5 (-115) in Germany and +1.5 (-115) in Nigeria, it’s normal to scratch your head a little.
It is the decimal odds you are looking at and it is the most commonly used one in Nigeria. The minus sign (-) you see before Germany indicates that it is the favorite. And it also means that more people will bet in the favor of Germany.
The 1.5 is the indication of many goals each team has to score for your bet to win. The reason it is a fraction rather than an integer is to not create a tie. If the sportsbook says Nigeria will score 2 goals and it scores 2 goals, who wins the bet? The sportsbook or you?
That is why it is a fraction. Now, let us say you pick Nigeria. For your point spread to work, Nigeria must be in the range of 1 goal to Germany if it loses. If the match result says Germany 3-2 Nigeria, although Germany owns the outright bets, your point spread worked. Because Nigeria’s loss is under than 1.5 goals threshold.
The same goes for Germany as well. If you place your bets on Germany, it must win by at least 2 goals for your point spread to win.
It is a little more complicated than most punters in Nigeria would be comfortable with. And that is why you should learn it and use it to your advantage.
Martingale System for Covering Your Losses
In the Martingale system for sports betting, you double your stakes every time you lose. It might seem like a recipe for suicide to you, but hear us out first!
For Martingale betting systems to work effectively, you need to blend the 2% rule here as well. You have to dissect your bankroll into 50 or 100 pieces and consider them as units. You can only spend 1 unit for each bet. When that bet fails, you place 2 units for your next run. This way, the losses incurred on the previous bets are covered.
Let us understand with our N50,000 bankroll. If you divide it into 100 equal units, each unit has N500. That is your maximum limit for 1 bet.
In our Nigeria vs Germany match, if you want to incorporate the Martingale system, you have to start with N500. This type of betting system works best with tournaments. Because when your bet on Nigeria fails, you must wager 2 units on the next match. And that would be N1,000 in value.
Fibonacci Betting Strategies for the Math Lovers
This betting strategy is entirely dependent on mathematics. It is one of the finest betting systems to apply when you have a big bankroll. Similar to Martingale, you divide your bankroll into 50 or 100 equal pieces and consider them as units.
And you simply follow the Fibonacci pattern. It goes like 0, 1, 1, 2, 3, 5, 8, 13, 21, 33, and so on. When you lose the first bet on Nigeria, you place the same bet again. Lose again and go for 2 units. Lose again and increase your bet. It goes on until you win the bet. And all of your previous losses will automatically be covered.
The Goliath Bets
If the name sounds interesting to you, keep on reading. It is one of the dramatic bets that can increase your chances of winning by a lot. It is one of those betting strategies derived from the accumulator bet. It is nothing but an eight-fold accumulator.
You might be only selecting eight, you are effectively making 247 ways for you to win. And that is where it is different from Accumulators. You must divide your bankroll into very small pieces. Otherwise, you run the risk of running out of money before you complete the Goliath.
Each of the 247 outcomes will take one unit of your bankroll. So, you have a great chance of winning back your money, even though you may not make a profit. The bets cover every possible outcome of the selections. The more of your predictions go right, the more you can expect to win.
Arbitrage Betting is for Winners
If you want to take the thrill of sports betting even further and become a professional, you must check out arbitrage betting. It is also known as Back and Lay a bet in many sportsbooks in Nigeria.
In this bet, you place the opposite bets on the event. Some online bookmakers like Betfair will allow you to legally place arbitrage bets on your favorite event. If your choice of sportsbook does not, you can always go for another bookmaker.
The upside of this type of bet is that you are guaranteed to win your money back, no matter what the outcome is. It works best with sports that have only 2 outcomes.
For example, let us take our Nigeria vs Germany match again. To do arbitrage betting, you go into one sportsbook and compile your bet slip in favor of Germany. Next, you go into another sportsbook and place the same bets, but in favor of Nigeria.
So, as you can see, no matter who wins the match, you get your money back. And if you are lucky, there will be a difference between the odds offered by both sportsbooks. You can expect to make some profits there as well.
The Kelly Criterion is Probably the Most Precise
If you do not like to solve equations, this might not be the right bet for you. But if you want a surefire way to win money with sports betting systems, the Kelly Criterion might be your best option.
In this betting strategy, you solve a mathematical equation to understand how many units of your bankroll you should spend on the bet.
The equation for Kelly Criterion is (BP-Q)/B.
B stands for the decimal odd. For example, 2.5 on Nigeria.
P stands for the probability of Winning while
Q is the indication of the probability of losing.
Let us solve one example to understand the system fully. If Nigeria has a 40% chance to win the match, we can denote it by 0.4. So, our P is 0.4 which automatically makes Q to be 0.6 following the law of probability.
When we put everything into the equation, it goes like (2.5×04-0.6)/2.5. Solving it results in 0.16. So, if 1 unit of your bankroll is N1,000, you should only spend N160 for the bet.
And that is the Kelly Criterion for you.
FAQ on Betting Systems
Nothing is guaranteed in the world of sports betting. You can hope for your chances to win. But you need your share of luck to win a bet.
You should always start slow. Understand arbitrage betting to reduce the risk of losing. As you move forward, try point spread. When you become confident, you can go ahead and try the more complex ones like the Kelly Criterion or Martingale Strategy.
A lot. For any of the betting systems to work, you must understand how your candidates perform under all kinds of weather. It might influence your bet slip to the point where you win a huge amount.
Final Thoughts on the Sports Betting Systems and Strategies
Nigeria has shown its love for sports betting over and over again. As a Nigerian, you must feel the urge to try your luck on your favorite sports. Before you do, why not learn some betting systems to improve your luck!