# Sports Betting Programs

I guess almost everyone have heard those legends about people who have invented and used sports betting systems for them to avoid loses and get great profits in the long run. Well, in today?s hi-tech world where sports betting industry is continually growing and making larger and larger profit annually, it is nearly impossible to think that numerous people still live from betting.

Many have asserted maybe it?s due to the sports betting systems they normally use that they still carry on and bet for the hope of winning bucks. The fact is, there is really no particular system that will promise you 100% profit and no risk of getting broke.

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

Martingale System

Martingale System is fundamentally the best known sports betting system on earth. It has nothing related to picking the winner as the whole story of the system is in picking the right stakes. Well, according to some resources, the Martingale System of sports betting draws on the odds of losing infinite times in a row. It is applied by starting with one bet, and starting again in the event you win. However, if you lose, you double your bet, and each time you lose, you double your last lost bet. As believed, this may eventually makes you win the betting so when you win you’d probably recover all of your lost bets plus one unit profit against your initial wager. The most important sentence when it comes to Martingale is “double you stake after you loose and start again when you win”.

Parlay System

Parlay System is probably the most well-known sports betting systems that are widely used in horse racing. Experts have said that unlike the other sports betting systems, the Parlay System provides the effect of pyramiding your profit. Pyramiding is actually 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 merely let it ride. Also, unlike the other sports betting systems, the Parlay System affords 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 a combination of the three.

Paroli System

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