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martingale strategy






Martingale Strategy



This is a progressive betting system that looks to lower losses by doubling your stakes on the next bet. It arguably produces the best results among the various strategies. Its simply doubling stakes on losing bets i.e If you bet £10 on a horse and lose, you would bet £20 on the next race. If this loses you would bet £40 on the following race and so on. If the third bet wins, it would cover earlier losses with a small profit. This system can be flawed, because in a losing streak it would be necessary to stake large amounts to recover losses.

Fibonacci Strategy



This system is similar to the Martingale Strategy but instead of wins, it is used to bet on draws. It runs sequentially ie 0, 1, 2, 3, 5, 8, 13, 21, 34 and so on and its based on adding the two preceding numbers together. The idea would be to place a £1 bet on a football match. If it lost you would raise your stake to £2 in the next match. If this loses you would make a bet of £3, then £5 and so on. This strategy would only be used for odds on draw results over 2.618. This works because the odds on drawn matches can prove to be quite attractive.

Over/Under Bet



This method is used to bet on how many goals there are in a game e.g. More or less than 2.5 goals, 3.5 goals, 4.5 goals. If you think its going to be a low scoring game, for example you could bet on under 2.5 goals or under 3.5 goals. On high scoring games, you could bet on over 4.5 for example. These type of bets are largely used on football but some Bookies will provide them for other sports as well.

Half time/Full Time



With a half time bet, you are betting on the result at half time as well as full time (as the name suggests). If you think team A will be winning at half time but will lose the game, this type of wager gives you the opportunity to place a bet on both outcomes. Obviously, both results would have to be predicted successfully for a bet to win.

Double Chance Betting


With this strategy, you can bet on two outcomes of a game. This is ideal for football betting as there are three possible outcomes - Win, lose, draw. On the majority of bets, there is only one outcome. The downside with this type of bet is the fact that the odds will generally be lower than with a straight win bet, but it will give you a greater chance of success.

Wincast and Scorecast Bets


Scorecast bets are similar to Double Chance bets as you are betting on two separate events during one game eg First Goalscorer and Correct Score. It would only be a winner if both events were predicted correctly eg Liverpool to win 2-1 and Mo Salah to score. The difference with a Wincast bet would be a Liverpool win, irrespective of the score and Salah to score. The odds on the these bets can prove to be attractive but there is a reason for this and you will often find one or both bets losing. With this strategy, you can bet on two outcomes of a game. This is ideal for football betting as there are three possible outcomes - Win, lose, draw. On the majority of bets, there is only one outcome. The downside with this type of bet is the fact that the odds will generally be lower than with a straight win bet, but it will give you a greater chance of success.

Fixed Wager


Possibly the simplest strategy, which basically follows the principle that you should bet the same amount regardless of how much you might win or lose. Many Bettors find this totally unexciting because there's little chance of getting a decent sized win. Its a case of persisting with what you know and not giving up easily. If you stick with this strategy, you will see results eventually. Its a case of sticking with the formula.





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