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Table Of Contents
Part 1 – Fundamentals of Sports Betting Systems
Chapter 01 – Sports Betting System Fundamentals . . . . . . . . . . . . . . . . . . . . . . . . . . . pg 03
Chapter 02 – Proper Bankroll Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg 07
Part 2 – Sports Betting Systems
Chapter 03 – NBA Betting System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg 12
Chapter 04 – MLB Betting System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg 15
Chapter 05 – NFL Betting System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg 19
Chapter 06 – Favored Team Football System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg 21
Chapter 07 – NBA, NCAAB, NFL and NCAFL Betting System . . . . . . . . . . . . . . . . . . . . . . . . pg 22
Chapter 08 – the 4 Goal Betting System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg 23
Chapter 09 – Spread Betting Soccer System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg 25
Chapter 10 – Basketball Parlay Chase Two Teams . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg 27
Chapter 12 – Resources for Sports Betting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pg 29
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Chapter 01 – Sports Betting System Fundamentals
“Sports betting” is the activity of predicting the outcome of sports games by making a wager on the results of a sporting event. The legality of sports betting tends to vary from country to country. In the United States, for example, “sports betting” is only legal in casinos in Nevada, while in many European countries sports gambling is legal though highly regulated. Sports betting is generally regarded as a hobby for fans of sports, increasing their interest in particular sporting events which can benefit the teams, the leagues and the players by creating higher attendance levels to the actual games, and larger television audiences.
Aside from the simplest wages, most sports betting is done through a book maker. There are legal sports bookmakers all over the world, and in the United States they can be found in Las Vegas. There are also opportunities for online sports betting, although there is some ambiguity attached seeing as the bookmakers or “bookies” are generally operating outside of the country and there are some unresolved legal issues surrounding whether foreign bookmakers should accept bets from the United States.
Bookmakers earn commission known as the vigorish by regarding the money at risk as less than the amount of the bet that was placed A common line is a $110 bet placed on a fair coin, paying $210 to win and $0 to lose. On this line, it will cost the bettor $220 in order to bet both sides of the same coin at the same time, but the combined bet will always pay out $210. The $10 loss is constituted by the vigorish.
Bookmakers traditionally offer two different types of wagers on the winner of a sporting event, straight up or money line bets, and point spread wagers. Money lines and straight up bet prices are generally used to set the odds on events such as association football, hockey and baseball, individual vs. individual matches like boxing, and so on.
For these sports, straight up odds are usually offered by bookmakers in Europe and Asia. These bets are quoted based on a payout for a single unit, such as a 2 to 1 favorite for example, that would be listed at a price of 1.50, whereas an underdog that returns twice the amount wagered would be listed at the price of 3.00.
American bookmakers are much more likely to use money lines, which tend to be quoted in terms of the amount that is required to win $100 on a favorite, or the amount that is paid for a $100 bet that is placed on an underdog. The amount that is won in a bet like this is the net amount over and above the amount of the initial bet. If a person happens to win $200 dollars on a bet of $100 dollars, then the bookmaker will actually pay $300 to the winner, which is the $200 dollars plus the initial bet amount of $100.
Bookmakers may use a dime line with money lines as a way to calculate the vigorish that they will receive on any wager that is losing.
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