Amazines Free Article Archive
www.amazines.com - Friday, December 14, 2018
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133272)
 Advice (160773)
 Affiliate Programs (34733)
 Art and Culture (73641)
 Automotive (145550)
 Blogs (75006)
 Boating (9841)
 Books (17129)
 Buddhism (4122)
 Business (1328035)
 Business News (426289)
 Business Opportunities (366242)
 Camping (10949)
 Career (72751)
 Christianity (15837)
 Collecting (11636)
 Communication (115049)
 Computers (241940)
 Construction (38970)
 Consumer (49645)
 Cooking (17058)
 Copywriting (6567)
 Crafts (18210)
 Cuisine (7535)
 Current Affairs (20373)
 Dating (45769)
 EBooks (19684)
 E-Commerce (48190)
 Education (185126)
 Electronics (83431)
 Email (6389)
 Entertainment (159786)
 Environment (28928)
 Ezine (3038)
 Ezine Publishing (5443)
 Ezine Sites (1552)
 Family & Parenting (110881)
 Fashion & Cosmetics (196378)
 Female Entrepreneurs (11840)
 Feng Shui (130)
 Finance & Investment (310216)
 Fitness (105822)
 Food & Beverages (62819)
 Free Web Resources (7936)
 Gambling (30211)
 Gardening (25064)
 Government (10517)
 Health (629047)
 Hinduism (2160)
 Hobbies (44026)
 Home Business (91542)
 Home Improvement (251226)
 Home Repair (46099)
 Humor (4805)
 Import - Export (5444)
 Insurance (45093)
 Interior Design (29541)
 International Property (3485)
 Internet (190953)
 Internet Marketing (146282)
 Investment (22822)
 Islam (1168)
 Judaism (1357)
 Law (80450)
 Link Popularity (4592)
 Manufacturing (20809)
 Marketing (98728)
 MLM (14136)
 Motivation (18211)
 Music (26997)
 New to the Internet (9475)
 Non-Profit Organizations (4048)
 Online Shopping (129604)
 Organizing (7797)
 Party Ideas (11854)
 Pets (38083)
 Poetry (2234)
 Press Release (12667)
 Public Speaking (5620)
 Publishing (7522)
 Quotes (2407)
 Real Estate (126602)
 Recreation & Leisure (95239)
 Relationships (87432)
 Research (16153)
 Sales (80293)
 Science & Technology (110125)
 Search Engines (23445)
 Self Improvement (153070)
 Seniors (6221)
 Sexuality (35935)
 Small Business (49277)
 Software (82919)
 Spiritual (23460)
 Sports (116459)
 Tax (7658)
 Telecommuting (34074)
 Travel & Tourism (306921)
 UK Property Investment (3117)
 Video Games (13420)
 Web Traffic (11723)
 Website Design (56784)
 Website Promotion (36556)
 World News (1000+)
 Writing (35758)
Author Spotlight
MOBILE STYLES

Mobile Styles, the leading on-demand Beauty & Health app in the U.S. delivers talented professionals...more
INNES DONALDSON

Offering freelance SEO and content writing services plus much more to businesses across the UK and i...more
INNES DONALDSON

Fresco Creative offer freelance SEO and Online Marketing solutions to businesses large and small acr...more
ROBERT HOWARD

The Word of God is as, “Sweet as Honey”. God has Taken Me Through a Whole Lot of Things...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more


Financial sports betting strategies by Alex Greene





Financial sports betting strategies by
Article Posted: 12/02/2017
Article Views: 976
Articles Written: 19
Word Count: 912
Article Votes: 0
AddThis Social Bookmark Button

Financial sports betting strategies


 
Gambling,Sports,Entertainment
Financial management at sports betting is designed for reducing the risks and increasing the profit. If you bankroll management is chaotic, it is impossible to gain stable profit from bookmakers. Financial management is the management of the bet sizes and bankroll. Correct and organized actions allow avoiding great losses and providing stable profit.

Flat betting

Flat betting is a fixed bet size. Only definite sum of money or gaming bank % is used for one event. For example, $100 or 5% of balance. Advantage – reliability and minimal risk of losing all money. Disadvantage – to gain a profit you need 60-80% passability, depending on an average coefficient.

Fixed profit

The essence is in getting the defined winning from one wager. The sum is calculated due to the fixed profit – 3-5% from a gaming bank. Make a bet in such a way that a profit from one wager remains unchangeable. For example, with coefficient 1.75 the size is 6.6% and with coefficient 3.75 – 2%. Calculation formula – S=W/(k-1), where: S – sum; W – expected profit (winning percentage); k – coefficient. Don’t use quotations that are lower than 1.3 and higher than 5.0 as the probability (taking in account margin) is distributed unevenly. There exist a high risk to lose the bank but it will take some time.

Bankroll percentage

Bankroll percentage is one variant of Flat betting. Its difference is that the bet size will change after the win or loss. The percentage is taking not from initial bankroll but from the current. For example, instead of 5% from $1000 that were initially, but 5% from the current bankroll, let us assume $1100. The balance increases and the bet size increases and vice versa.

Martingale betting system

Martingale strategy is the doubling of a bet after a loss (is used with coefficient 2.0). Advantage – you are sure to gain some profit at the end of a session. Disadvantage – bankroll is thrown away in a series of losses; the lack of money for next step.

Anti-Martingale betting system

The bet is decreased after a loss. The minimal passability for a stable earning – 75% under the coefficient 1.75. It is impossible to thrown away the bankroll that is why freshers should use it. The disadvantage – long-term winning series that will surely break up and, possibly, on maximal sum of money.

Dutch betting system

While using Dutch betting system not only the bet size but coefficient is immediately increased after loss. When you win, the series continue. Dutch betting system is useless. The higher the quotations are the lower the chances for a bet to pass are. Failures can happen when the probability percentage for an event is 50-70%. After 5 losses it is silly to risk with 20-30% of a bankroll under the coefficient 7.0. Several sessions can be still profitable but you won’t be able to earn every time, using this system.

Oscar's Grind System

Oscar's Grind System means you gain a profit in one unit during every session. The sum of a unit is determined independently – either a fixed size or bankroll percentage. The bet is increased with one unit after a winning and will be the same with a loss. The session is closed with two successful wagers.

Kelly criterion

The essence of the Kelly criterion is in determining the sum of every wager using the following formula (k*V-1)/(k-1)=C, where: k – coefficient; V – probability; C – sum of a wager. Its effectiveness depends on correct evaluation of the outcome’s probability thanks to the analysis but not to bookmakers’ quotations. Here is an example of calculation.

The D’Alembert system

The essence of this betting strategy is simple: while a win the bet is increased with a sum of first base staking unit; while a loss the bet is decreased with a sum of first base staking unit; minimal coefficient – 2,0. Winning example: 1st wager – 1% bankroll, 2nd wager – 2%, 3rd wager – 3% and so on.

Alternative or anti- D’Alembert betting system

While losing the wagers are reduced with a chosen size and vice versa. You should remember that the sum of a first base staking unit should be large enough in order to be decreased on several steps.

Miller's financial management

The Miller’s strategy is a combination of Flat and Bankroll percentage. The author of this system proposes to bet 1% bankroll until the bankroll will increase up to 25%. For example, if bankroll size is $10 000 the bet size is $100 till the balance will reach $12 500. After this step the sum will be $125 (1% from 12 500). It is good for equally probable outcomes (50% & 50%). Minimal passability is 53%.

The Up the Stairs betting system

The essence of the Up the Stairs betting system is in beginning the betting series using one sum and to finish it at fixed amounts. The whole winning is used for the next wager. An example: wager ?1 – $100 coeff. 1.32 – winning 132; wager ?2 – $132 coeff. 1.5 – winning 198; wager ?3 – $198 coeff. 1.6 – winning 316. The session lasts either till the loss or the winning of fixed sum.

Summary

Financial systems don’t help to choose the correct bet but allow us not to lose the whole bankroll in one day. Good bankroll management is more important for a stable profit than high passability or ‘tasty” coefficients.

Related Articles - sports betting strategies, betting strategies, best betting strategies, sports betting, free betting tips,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance

World News


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
NANETTE VICTORIA

Nanette Victoria Spiritual Coach and Intuitive Guide (over 27 years experience) Spiritual Ministe...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
JAVIER VBOIX

For the time being just a newbie in the Insurance Industry but a quick learner, soon-to-be expert Ja...more
SANDY FISCHEL

Sandy Fischel is the marketing director at And Above All YOGA, a wholly owned division of The Fische...more
CHRISTOPHER EVANS

Christopher is based in the U.K. and is the author and founder of Critical Eye. ...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2018, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license