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The Tools You Need for Successful Sports Betting

You don’t need to be a rocket scientist to bet on sports successfully, but you do need the right strategies. With SBD’s comprehensive guide, you too can master the betting strategies used by the pros.

Learn to shop for the best lines and make the most of time-tested strategies to get an edge on the public and your sportsbook. Sports betting is hard, and we want to see you get the best possible return on your investment. With these tips n’ tricks, you’ll be betting like a sharp in no time. Let’s talk strategy!

Top Strategies

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IGOTTHELOCKS: Using Expert Insight as Your Winning Edge

Overview: The “IGOTTHELOCK” strategy involves leveraging expert analysis and A.I. genersted picks to make informed betting decisions. This strategy focuses on using professional insights to identify value and edges in betting markets, which may not be apparent to the general betting public.

 

Value Betting

Overview: Value betting involves identifying bets where the odds a bookmaker offers are more favorable than the true probability of the event occurring. This strategy focuses on getting the “best value” for each bet rather than simply predicting the outcome. Example: If you calculate that a team has a 50% chance to win, but the bookmaker offers odds of +120 (implying a 45.5% probability), there is value in this bet because the odds are more favorable than the true likelihood.

All-in Betting

Overview: An aggressive strategy where you bet your entire bankroll on a single bet. This is a high-risk approach that can yield high rewards but also has a significant chance of causing total loss. Example: If you have a $1000 bankroll, and you place it all on a single event with even odds (+100), you either end up with $2000 or $0 based on the outcome of that event.

Percentage Betting

Overview: Similar to proportional betting but with a set percentage of the bankroll dedicated to each bet regardless of fluctuations in bankroll size. Example: If you decide to risk 5% per bet from a $1000 bankroll, each bet would be $50. Regardless of whether your bankroll increases or decreases, you continue to bet $50.

Dutching Betting

Overview: Betting on multiple outcomes in an event to ensure the same amount of money is won regardless of which bet wins. This requires calculating the correct stake to place on each outcome. Example: In a horse race with three runners, you bet on all three in such a way that no matter which horse wins, you receive the same return.

Hedging

Overview: Placing bets on opposing outcomes to either guarantee a profit or minimize potential loss. This is commonly used in markets with two possible outcomes. Example: If you have a $100 bet on a team to win a championship at +500, and they reach the final, you might bet $200 on their opponent at -150 to ensure you profit regardless of the outcome.

Ladder Betting

Overview: A system where you incrementally increase your stake with each bet when you win, but return to the original stake on a loss. Example: Start with a $10 bet, and if you win, increase the next bet to $20. If you win again, increase to $40, and so forth. If you lose, return to the initial $10 bet.

Chase System (Martingale Modified)

Overview: A modified version of the Martingale system that involves chasing losses with a cap on the number of bets or total amount to be recouped. It’s less aggressive and more controlled. Example: If you lose a $10 bet, your next bet would be $20. If you lose again, the next bet would be $40, and you stop the progression after three bets.

Parlay Betting

Overview: Combining multiple bets into one, which results in higher potential payouts. All selections must win for the parlay to be successful. Example: Betting on four football games to all end as wins. If all four win, the payout is significantly higher than individual bets, but if any one of them loses, the entire parlay is lost.

System Betting

Overview: Similar to parlay betting but with the flexibility of not needing all bets to win to gain a return. This approach covers multiple betting combinations. Example: A Trixie bet consists of four bets involving three selections in different events. The bet includes three doubles and one treble. Two of the three selections must win to gain a return.

Prop and Futures Betting

Overview: Focusing on proposition bets (specific outcomes within events) and futures (long-term outcomes such as season champions). Example: Betting on a player to score the first touchdown in a game or betting on a team to win the Super Bowl at the start of the season.