One of the factors that can influence the outcome of your program is that many bookmakers set maximum stake limits which can keep you from placing your full wager, so make sure that there in no max limit with any of the bookies that you are dealing with.
Following the philosophy of pyramiding, what happens in this system is that you place a bet and if you come out a winner you re-invest the winnings on the next wager. So in horse racing, for example, you simply let it ride. Also, unlike the other betting systems, the Parlay System offers a lower amount of risk of all bettors for because they only need be concerned with a win, place or show selection or a combination thereof.
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On the other hand if you were to lose then you would wager twice what your original bet was. According to proponents of the system, this strategy will eventually enable you to win the bets you place and when you win you would recover all your lost bets plus one unit profit against your initial wager.
So, having established that using a good Selection System is an absolute must if you want to make money from sports betting, how does the average Bettor actually go about making his/her betting selections? My research shows me that, in the main (ignoring the extremes), there are generally two approaches taken:
- The more conservative group looks at the "Short Odds" calls, and plays safe by selecting only those matches where they themselves feel very confident about the outcome.
- The more adventurous group analyses the matches and odds on offer, and then makes selections based on their own gut feeling about how the matches will turn out, making sure that the odds match their concept of a "value" bet.
