Betting System Simplified

bettingBetting is about passion, about belief and taking calculated risks. It’s an adventure like any other and there is no point getting into the rights and wrongs of it like some people do. It’s existed for centuries now and it will continue to do so in one form or another. Today online betting is quite common because it has brought all the thrills and fun of betting into your homes at your fingertips. You don’t have to be reckless and foolhardy when it comes to betting but can be smart about it and win the sweepstakes while you indulge in your passion. But for that you need to understand the basics of Betting System.

Many of us who haven’t placed a wager in our lives before are still curious about it. What makes us wary is the fact that we don’t know much about it and believe that it’s all about chance. That might be true to an extent but there’s a lot more to it than lady luck.

Horse races are glamorous and the rich and famous take immense pride in going for the best races, derbies. It’s a matter of prestige attending these races not to mention quick big bucks you can make. But it helps knowing how different Racing Systems work before getting into it.

A simple principle of Betting System is that you have to beat the odds maker to earn your reward. You could be laying your bet on a sports game or a race, on an election result or film awards; whatever you choose the aim is to bet with passion and make a killing in the process.

There are different kinds of bets you can place and the end result will depend on the bet you place. Betting System can be tricky for starters that’s why it’s advisable to start slow and get a hang of the system before placing large bets.

Common types of bets in Betting System are:

Straight or single bet is where odds are placed on a result. You can pick your winner and if you pick right you win. It’s pretty simple and often preferred by new entrants.
Then there is the point spread bet where there is a favorite and the underdog. The bet is placed on the favorite beating the underdog by a specific score line. It means even if the underdog is beaten you can win if he doesn’t lose by the predicted margin. It can make things very interesting and lively but you have to be careful with these bets.
Moneyline bet works in exactly the opposite way and can be complicated for learners so best left for a later stage.
Total bets are best to even out your chances with the odd-maker because it is placed on the total goals or points scored in the match. You don’t have to pick a winner and narrow your chances.
Accumulator bets are for those who are seasoned with experience; you can bet on more than one game at a time and your winnings from first result will carry forward into the next game and so on.
As you see, betting is not that complicated after all, just takes some getting used to.

January 9, 2014: posted in Understanding The Odds No Comments

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