Live Betting System
- With a system bet, you can win even if not all of your picks are correct. A system bet is made up of several combination and single bets. As soon as you have added at least 3 or more picks (up to 8) to the bet slip, you can place a system bet. To do so, click on the “System” tab at the top of the bet slip. The number of possible system bets.
- At root, live betting, also known as in-running, in-game, and in-progress betting, is when you bet on a game as it is taking place. The game starts off at certain odds. Based on what happens during the course of a game, the odds change. It gives you a chance to enhance your position or perhaps to take a different one.
In our series about betting strategies we take a good look into the most interesting and most successful possibilities of sports bets. This article is about system or yankee bets which have been added to almost every betting provider’s portfolio and have become a steady component of the sports betting scene. Have fun with reading a short introduction to system betting in the lines below. If you are interested in this topic, you can use our Livetipsportal systembet calculator too.
What is a system bet?
System bets have become more and more popular throughout the last years. The main reason for this is that, different to accubets, you can also win when you don’t get every game/event/leg correct. Needless to say, the risk is a little lower than at multibets but on the downside the same is for your potential profit. Bettors prefer to use system bets with (very) risky games. You can get some games wrong but still make profit because of the high odds.
Examples for system bet types
Live betting, sometimes called in-game betting or betting in running, is the ability for bettors to make additional wagers AFTER the game has already started. Sometimes these wagers are offered between quarters or periods, and in some cases, they are offered after every single play or drive. Live betting systems is a great way to build your bankroll faster. You can follow live systems on the wall by Mikki, Dmitry, Luka, Kum, Denis, GoalGalore, Rolando and many many other great experts! Zcode started to add Live scores on the top right corners of the page. Coming soon – zLive betting bot that will give you automated.
In the following paragraph we want to give you some examples and show you how the betting concept of system bets works and how you can calculate your winnings. Since there are almost endless possibilities for system bets like 2 out of 3, 4 out of 5, 7 out of 10, we focused on only 2 of the best-established systems.
2 out of 3 System Bet
German Bundesliga: If you place your bets on wins of Eintracht Frankfurt (Odd 2.0), Hertha BSC (Odd 2.1) and 1899 Hoffenheim (Odd 1.9) the following pairs come up:
Bet 1: Win Frankfurt (2.0) and Win Hertha BSC (2.1)
Bet 2: Win Frankfurt (2.0) and Win 1899 Hoffenheim (1.9)
Bet 3: Win Hertha BSC (2.1) and Win 1899 Hoffenheim (1.9)
Let’s say that Frankfurt and Hertha BSC win but 1899 Hoffenheim draws. That brings us to the following outcome:
Bet 1: Win Frankfurt (2.0) and Win Hertha BSC (2.1) -> won
Bet 2: Win Frankfurt (2.0) and Win 1899 Hoffenheim (1.9) -> lost
Bet 3: Win Hertha BSC (2.1) and Win 1899 Hoffenheim (1.9) -> lost
If we had 10 Euro stake at each bet, so all in all 30 Euro, our winnings would be 42 Euro (10 x 2.1 x 2.0) and our clear profit would be 10 Euro (42 Euro minus 30 Euro).
2 out of 4 system bet
This is another example of a common system betting strategy. In this case it is most profitable to bet on high risk games. You can bet on total underdogs and still, with a little bit of luck, make good money. You bet on Wins of Freiburg (Odd 3.6), Werder Bremen (Odd 3.3), FC Schalke (Odd 2.25) und Hamburger SV (Odd 3.15). These are your System Bets:
Bet 1: Win Freiburg (3.6) and Win Bremen (3.3)
Live Betting Casino
Bet 2: Win Freiburg (3.6) and Win Schalke (2.25)
Bet 3: Win Freiburg (3.6) and Win Hamburg (3.15)
Bet 4: Win Bremen (3.3) and Win Schalke (2.25)
Bet 5: Win Bremen (3.3) and Win Hamburg (3.15)
Bet 6: Win Hamburg (3.15) and Win Schalke (2.25)
A stake of 10 Euro on each bet would mean a 60 Euro overall stake. If it happens to Win Freiburg and Bremen you win Bet 1, which would yield 108.90 Euro (10 x 3.6 x 3.3). If Schalke takes home the 3 points as well you would win Bet 1, Bet 2 and Bet 4 and your winnings would be 274.05 Euro (10 x 3.6 x 3.3 + 10 x 3.6 x 2.25 + 10 x 3.3 x 2.25).
2 out of 3 system bets really pay off when you bet on underdogs at high odds and get a little lucky with those games.
Can you make money with system bets?
On the one hand, since you minimize your risk, your chances of winning rise by a lot. On the other hand this strategy is only lucrative if the quotas are high and the stake is good enough. But with a little bit of fortune and a good guess of underdog wins you can rake in some good cash.
Another possibility is to add another “bank” to your system bet. You would include a leg that you are very sure to happen. But this “bank” shortens your system bet and makes out of a “2 out of 4”-bet a “2 out of 3”-bet. The advantage is that you can enhance your overall odd at your system bet. The disadvantage is, that if you lose your “bank” the whole system bet is lost.
Which sports are best for system bets?
System-bets are well-established at every sport – there is no real restriction. Nevertheless, system bets are especially interesting with football bets where the underdog often takes the win. If you take a look at the German Bundesliga there are many teams on the same level and sometimes the supposed underdogs are up for a pleasant surprise.
There are some sports bettors who swear by sports betting systems and others who simply feel that they’re a waste of time and money. The best advice that can be given on this subject is that you should try them out and see how they work.
This article will briefly discuss the two basic types of betting schemes and also give you some important tips. First let’s consider the differences between free vs. paid options.
Letsbid - Live Betting Management System
Free Systems
There are a few sports betting systems that are free. These are called the Kelly Criterion, the Martingale System and Arbitrage Betting. Although they’re quite different from one another, they share a few elements:
- None of them involve the use of software.
- Each is a money management plan.
- None of them tell you which team to bet.
- None of them should be blindly followed.
Briefly, the Kelly Criterion is a formula designed to tell you how much you should wager on a team. The Martingale is a wagering method based on minimizing loses. Arbitrage Betting involves the opportunistic exploitation of moneylines by wagering on competing teams that are playing one another in the same game.
There are many wagering setups that are on sale on the Internet. All are software-based and each one claims to be extremely accurate. They often incorporate some version of the Martingale while analyzing data, matchups and other elements of each contest.
Five Tips
If you’re thinking of getting into this type of betting, here are some useful tips:
- Read as much as you can about each scheme, including independent reviews.
- Try it out for a while without actually wagering, carefully tracking your results.
- Never rely entirely on it and always keep your analytical mind in the game.
- If you’re buying a software-based setup, make sure it has continual updates.
- If you purchase one, make sure to include the cost of it in your expense as this cost affects your profit margin.
Remember that none of them are perfect but many of them can be useful. Sports betting is a highly competitive field, which means you need every edge you can get.
Sports bettors have various options. For live bettors, though, betting systems are usually designed for bets that offer even odds and most live sports betting props do not carry such odds.
Live Sports Betting Online
Here’s our Sports Betting Tips page.
Considerations
Martingale, Labrouchere, D’Alembert and Fibonacci are the best known betting methods. Each of these requires bettors either increase the number of units or decrease the number of units they bet based on whether they’ve won or lost their last bet. Along with the fact that all are designed to be used with wagers that carry even odds, none have been found to be effective and mathematicians have debunked all.
The Kelly Criterion would be useful, though. It was developed by American John Kelly, and it takes into consideration the size of your bankroll and the amount of risk involved in your wager. Thus, you may use it for any type of bet. But with live odds changing after every score or play and anywhere from six to more than 15 different bets to play at a time, it would be difficult to utilize the Kelly Criterion effectively.
5% Solution
One safe solution is to follow the basic 5% rule. That is, you never risk more than 5% of your bankroll on any given wager and you often bet less than that amount. The more risky the bet, the less cash you use. This makes the most sense, especially because a lot can happen quickly with live betting. Here are the steps to take when setting your bets with this system
5% Process and Your Bankroll
First, you need to decide how much of your total bankroll you’re will to spend on an event. Let’s say you have $1,000 total. If you were going to make a regular wager on the game, our rule dictates that the most you should put down would be $50. Is that the amount of cash you should use for the number of live sports bets you’re going to place on this game?
If it is, then our system is in jeopardy. We were going to apply the 5% rule to all of our bets, but the minimum wager online is usually between $5.00 and $10.00. A $5.00 bet represents 10% of our stake for the game. You could use more than 5% of your entire bankroll for the game, or you may decide to utilize the $50 by breaking it down into minimum wager units of $5.00 each.
The second option would give you 10 units for this one game. This solution is safer than using more of your overall bank, since it’s preserving a major chunk of your cash reserve and you’ve limited yourself to a total of $50.00 for the entire event.
Determining Live Bets
Using your $50 on one game, you may wager in the following manner:
- Until you have doubled your $50, bet one unit at a time.
- Do not make multiple wagers.
- Wager on bets that offer the lowest or next to lowest odds.
- Once you double your bankroll, you may make one bet that uses two units.
- Once you double your bankroll you may make one wager on a high payout bet.
- If you lose both go back to single unit wagering.
- If you win either, apply the 5% rule to the game. You should have enough cash to do so.
- If you lose the entire $50, that’s it. You are out of the game. Stop gambling.
One other choice you may want to make, but many bettors don’t, is to automatically preserve some of your winnings. As an example, if you’re up $50, you put that cash on the side and don’t bet with it. That way the worst you can do is break even. Or if you’re ahead by $100, put that amount back into your bank. That way, no matter what happens you’re ahead of the game.
Whenever you’re betting, it’s very important that you control your wagering. If you don’t you can lose a lot very quickly and either be out of the game or risking more by tapping into your reserve cash. Use the 5% rule to rule over your bankroll and to bet safely.