# Sports Betting Systems

I suppose almost everyone already knows those legends about people that have invented and used sports betting systems for them to avoid loses and obtain great profits in the end. Well, in today?s high tech world where sports betting marketplace is continually growing and making bigger and bigger profit every year, it is almost impossible to think that many people still live from betting.

Many have said that maybe it?s because of the sports betting systems they use that they can still carry on and bet for the hope of winning bucks. The truth of the matter is, there is really no particular system that can promise you 100% profit with no risk of getting broke.

Nevertheless, many bettors believe that there are still certain sports betting systems that actually work pretty well for a number of people. These sports betting systems, although functional to some extent, however, imposes bigger risk for the players. Here are handful of them:

Martingale System

Martingale System is basically the most widely known sports betting system in the world. It has nothing related to picking the winner because the whole story of this system is in picking the correct stakes. Well, according to some resources, the Martingale System of sports betting is based on the odds of losing infinite times repeatedly. It is applied by beginning with one bet, and starting again if you win. However, should you lose, you double your bet, and each time you lose, you double your last lost bet. As believed, this may eventually enables you to win the betting so when you win you’d probably recover all your lost bets plus one unit profit against your initial wager. The most critical sentence with regards to Martingale is “double you stake when you loose and begin again when you win”.

Parlay System

Parlay System is one of the most well-known sports betting systems which might be commonly used in horse racing. Experts have said that unlike other sports betting systems, the Parlay System has the effect of pyramiding your profit. Pyramiding is really a parlay wager whereby the original wager plus its winnings are played on successive wagers. Following the principles of pyramiding, what’s basically involved in the Parlay System of sports betting is that you simply make a bet and when you win you re-invest the winnings on the next bet.

So in horse racing, for instance, you simply let it ride. Also, unlike the other sports betting systems, the Parlay System offers the least degree of risk of all wagers for the reason that the bettors are merely interested in either a win, place or show selection or maybe a combination of the three.

Paroli System

Of all the well-known sports betting systems, the Paroli System is said to be the opposite of Martingale. Well, the difference lies on the idea that on Paroli, you start with one bet and increase the bet whenever you win as opposed to you lose. The main advantage of this one of the very popular sports betting systems is that you do not need a large bankroll. The system lets the profit run and cut short the losses.