The Best Sports Betting Strategies

Every punter has a certain betting style that they believe will bring them success and big payouts. Some come up with their own systems while others rely on well-known betting strategies. Either way, their end goal is making a profit while following the most suitable technique.

However, reaching this objective requires testing out numerous betting strategies before finding the right one. Luckily for you, we made sure to gather and present the best and most used betting system in the world. Check them out and pick the one that suits your gambling style the most.

What to Consider Before Picking a Betting Strategy?

Before we start revealing the most used betting strategies, we at BestBet will show you how to pick the right system. As such, we'll present several key factors that you need to consider before choosing a betting technique. You can check them out below:

Risk tolerance: Each betting strategy has its own risk level. High-risk systems can offer bigger payouts, but they can also drain your budget in a matter of minutes or hours. As for low-risk strategies, they’ll minimise your losses, but they’ll also lower your potential gains.
Determine your bankroll: Set a spending budget that you’re comfortable using for sports betting. Then, based on your available funds, you should decide which betting strategy to use.
Type of sport and betting market: Every sport has different rules and comes with several unique betting markets. Check which betting strategy works best for your preferred sport and market before using it.
Understanding the strategy: You must learn the strategy’s basics before using it. Study every single detail and understand how the system works. Don’t just blindly follow a betting strategy. Also, make sure to select and use a technique that you won’t struggle with.
Odds and value: You'll find different odds on each betting market of every sporting event. If the strategy requires multiple selections, then you'll lower the risk with lower odds matches. But, if it asks for a single event, then you may consider a betting option with bigger odds.
Experience: There are certain more complex betting strategies that require advanced knowledge. So, if you’re a less-experienced punter, then you should stick to more basic systems.

The Most Commonly Used Betting Strategies

You can stumble upon numerous different types of betting systems while browsing online. But there are several wagering techniques that attract the most attention among punters. At this stage, we'll present the best and most popular sports betting strategies that you can consider using today.

Martingale Betting Strategy

This is a classic betting system that’s very easy to understand. It’s actually a progressive betting strategy that requires doubling your wager after a losing bet. You keep doing that until you get a winning bet.

For instance, if you place a £10 bet and lose, your next wager must be £20. Now, if you also lose your second bet, then you have to double again, which will get a stake of £40. Once you win a bet, your following wager will once again be £10.

The Martingale betting system allows you to cover your losses and collect a decent payout. But be careful, as you may end up losing a lot of money if several bets fail to provide a payout.

Fibonacci Betting Strategy

Another highly used negative progressive betting strategy that's very similar to the previous one. This one requires following the Fibonacci sequence after losing a sports bet.

In case you didn't know, the featured sequence goes as follows: 1, 1, 2, 3, 5, 8, 13, 21, and so on. Basically, you need to add the last two bet amounts to figure out the next stake. Your first two bets are always the same, as you can see in the sequence.

Now, let’s say your last two bets are £30 and £50. This means that your following wager must be £80. If you end up winning a bet, then you get back to your first stake. This betting strategy can be very rewarding, but it can also make you lose a lot of money. So, prepare a larger budget if you want to use it.

Paroli Betting Strategy

Next up, we have the Paroli betting system, which is actually a positive progressive strategy. It’s the opposite of the Martingale technique, meaning you need to double your stake after a winning wager.

For example, if you bet £10 and lose, the following bet will once again be £10. But, if you end up winning the bet, your next wager will have to be £20. Should you win your second bet, your third wager will be £40. Once you lose, make sure to go back to your first stake of £10.

The main idea of this betting strategy is to capitalise during a winning streak and minimise your exposure on a losing run. Remember that this system won’t improve your long-term winning chances.

Arbitrage Betting System

Arbitrage betting is a unique wagering tactic that some may know as Sure Bets. It requires joining two online bookmakers and looking for sports events that have differences in the odds. Try finding betting markets with two outcomes that have different odds at both bookmakers.

For instance, wagering on who will win an NBA match. Here, you need to bet on one team at the first bookmaker and back the other at the second one. We recommend using an arbitrage betting calculator. It will show you which bet to place at each sportsbook and the amount you need to use.

When done right, the arbitrage betting system will get you a profit, regardless of which team wins the match. Try finding events with a bigger odds difference so you can maximise your payouts.

Flat Betting Technique

This is probably the simplest sports betting strategy out there. If you decide to use it, you need to place the same bet amount over and over again. You apply it regardless of whether you lose or win a stake. The type of sport, betting market, and odds are also irrelevant.

Flat betting is perfect for beginners as it doesn't require following a complex system of tracking odds and stake amounts. You won't end up spending all of your available funds in a short time with this strategy. This allows you to have better control over your budget.

Many punters use the Flat betting system as a way to minimise their risk while maintaining good discipline. However, this technique won’t maximise your payouts during a winning streak.

D'Alembert Betting System

The D'Alembert betting strategy is a more conservative system that has some similarities with Martingale. With it, punters must increase their bets by one unit following a loss. But, they also need to decrease it by one unit after a winning bet.

For example, let’s say you want to increase and decrease a bet by £5. So, if your first stake is £15 and you end up losing, your second wager will be £20. Now, if you bet £15 and win, your next stake will be £10.

This is a less-aggressive progressive strategy with a lower risk compared to the Martingale betting system. But, this also means that you need to spend more time betting in order to collect a decent payout. Also, it’s not as profitable in the long run as it is in the short term.

Tips on How to Use a Betting Strategy

Before concluding, we at BestBet would like to provide a couple of useful tips and tricks. They can help you maximise your winning chances and minimise your losses while using a betting strategy. Here’s what you need to know:

Don’t go over your budget: Always set a spending limit and respect it at all times. This will guard you from overspending whenever your betting strategy doesn’t provide positive results. It’s crucial not to go after your losses.
Use betting bonuses: Claiming bonuses gives you extra credits for you to spend while using a betting strategy. This way, you may end up collecting additional payouts.
Practice the strategy: If you don't know if a system really works, then you should practice without placing a bet. Apply the strategy to one or multiple selections and write it down on paper. Do it a couple of times, and if the system works, you can start using it with real money.
Stick to the system: Consistency is super important when using a betting strategy. Emotional betting and lack of discipline can easily lead to financial troubles.

Final Words – What Is the Best Betting Strategy?

Betting strategies can be very useful as they can help you maximise your chances of winning. There are numerous systems to pick from, and each has a unique approach. But, when looking for the best strategy, know that each punter has their own favourite.

Some like high-risk and high-reward systems, while others prefer less risk with smaller, more frequent payouts. However, no betting system can guarantee steady profits. So, keep that in mind and always gamble responsibly.