NFL Betting Systems Explained
You can apply most systems to NFL betting, especially to even-money bets. As you know, these are not the majority of NFL wagers, so we will help you find a system that suits your betting style. There are three main types of betting systems, and by learning about them you will be able to navigate the online betting world with greater ease.
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Types of Betting Systems
Positive progression betting is the first type. The idea is that a gambler should increase the stake after a win. It relies on winning streaks, which makes the strategy somewhat flawed, especially if you use the technique known as “letting it ride.” You appear to risk only one bet, but in reality you are risking all of your winnings.
Negative progression betting works the opposite way. Here, you increase your stake after a loss. The premise is that if you double your bet after a loss and then win, you will break even. Accordingly, if you keep losing you keep doubling, and when a win finally comes you recover your previous losses.
However, this logic is flawed because it assumes you are bound to win eventually. You might run out of money long before you recoup your losses.
The insurance betting system is a safer approach. This type of system requires you to decrease your stake after each loss. In this way, a losing streak costs you less. Of course, you should also know when to quit if you hit a losing streak. Sometimes it is better to stop and return with a clear mind.
Progressive Betting Systems
Different progressions can be employed depending on your style and bankroll. Both negative and positive progressions exist, and within each category there is plenty of variety. Below you can see how diverse these systems can be despite sharing the same foundation.
NFL Betting Systems
Martingale System
Fibonacci System
D’Alembert System
Paroli System
Kelly Criterion
Making Your Own System
This also means that you need extensive knowledge of the NFL: statistics, analysis, history, and more. You must be a dedicated fan to accomplish this. Keeping up with all available information is not easy nowadays, so take that into account before you decide to create your own system.
Additionally, you need to find reliable websites for both day-to-day news and statistics. There are specialized sites for NFL stats, but not all are legitimate, so be careful. Naturally, you must also make sure that the sportsbook you choose is fully legitimate.
Now comes the actual creation of a system, and it starts with designing a formula or set of criteria. This is done by synthesizing everything you consider essential to the game and sports betting, and understanding the relationships between factors. After that, you can put your system into something more practical, like a spreadsheet, so you can track your results easily and see if they are consistent.
You can check whether your system works by testing it mathematically or by reviewing the data in your spreadsheet. You can make hypothetical bets to see how it performs, or place small real-money wagers to try it out. Keep in mind that betting based on an untested system carries extra risk.
In any case, you will have the chance to see whether your system has any flaws. Do not get discouraged if it does, as this is not an easy task. Simply keep refining it until it is perfect for you. There is no shame in abandoning an idea if it becomes too much of a challenge.