A true Martingale system for sports ;D

[Phildo]

Thank you guys for your feedback. So based on what is said here, I think to better not risk this high amount of BTC to try this system.
I had just an idea and wanted to share, to see reactions 

So final word is not worthy.

Any "system" to succeed with sports betting is going to require research into the stats/games and figuring out which bets are good and which bets are bad. Or finding ways to arbitrage (very difficult) so that you will make money on all possible outcomes.

Just look at what would have happened if you tried this with Crystal Palace over the last 8 games? you would have lost a lot of money.

Bookies design the bets to be +ev for them, which means they are -ev for us. You can't beat that with any system.

[WhatTheGox]

Hi guys

First of all I am a girl who like sports betting. I have been thinking a lot of how to implement the Martingale system in sports betting in real life.
I am going to show you my idea , which is quite simple, but is appealing only to very disciplined and experienced players.

Its easy, first you pick a team which has been always middle of table in standings or a bit lower, but not too much.
You start betting with 0.01 BTC and double this sum every time until you win. Odds of course must 2 or more to achieve this.
1 Bet-0.01
2 Bet-0.02
3 Bet-0.04
4 Bet-0.08
5 Bet-0.16
6 Bet-0.32
7 Bet-0.64
8-Bet-1.32

About 3 BTC needed for this if you play 8 matches, and 1.4 BTC if you try the seven match martingale system.
In 8 times playing at home ground the middle team should win at list 1 time to make sure you make profit. Profit varies at which number of bet the team wins.

I want to try this with Premier League, or lower English divisions as they have very good odds 

This is only a suggestion, I am not responsible if you lose a lot of money, not my fault in anyway, you decide what to do with your Bitcoins.

You want to try and pick bets you can have an edge on rather than looking to just bet ones which fit your odds correctly.  If you can find some ratio where you can bet martingale style but have an edge you will win just like the house does against you in dice.  Overall just make sure you dont invest what you cant afford to lose imo.

[zeaderza]

Martingale strategy is a fail system.You cant win in long-term with martingale strategy.
Is very hard to make money with gambling.

[mtnsaa]

Martingale strategy is a fail system.You cant win in long-term with martingale strategy.
Is very hard to make money with gambling.

Sports betting is basically the same as regular betting, the odds are placed by the house, they are not giving odds where you can actually win money in the long term, they are not in the business of losing money. Of course it can work in the short term since the random aspect of sports can strike at any time and an upset can happen any day or you could be REALLY good at predicting (there are actual professional sports gamblers that use math, especially in baseball and sports like that analyzing numbers only).

[BitcoinSupremo]

Arbitrage was well known a few years ago, people checking different odds from different bookmakers, so they tried to make money whatever the outcome. I know these guys exist yet, but is almost impossible to do this now, as you have to be a member of at least 100 betting sites and also pay them the fee for telling you what match to combine through different bookmakers so you can win, no matter the outcome.

I would love if such service is offered here in this forum, although I highly doubt it, no one has the time and facilities do to this these days in my opinion.

[mtnsaa]

Arbitrage was well known a few years ago, people checking different odds from different bookmakers, so they tried to make money whatever the outcome. I know these guys exist yet, but is almost impossible to do this now, as you have to be a member of at least 100 betting sites and also pay them the fee for telling you what match to combine through different bookmakers so you can win, no matter the outcome.

I would love if such service is offered here in this forum, although I highly doubt it, no one has the time and facilities do to this these days in my opinion.

Although arbitrage sounds amazing in theory is very hard to do, you have to calculate lots of odds at the same time if you are really looking to find one and be quick to place your bet, a single odd changing will screw you up. And you also have to take huge risks if you think an odd will adjust in the next hours, it's like predicting odds really, for example if you know a certain important player won't be able to play or is doubtful, this could massively impact the odds either way and you can "create" the arbitrage if you foresee that before it happened.

Bottomline is, arbitrage is not too much about gambling, if you have a system and work your ass off you will make money but it's hard as any other job, and it has some risks. Gambling on the other hand unless you are a math level genius you won't be able to profit in the long term (in sports I mean, see FanDuel or DraftKings).

[Phildo]

Arbitrage was well known a few years ago, people checking different odds from different bookmakers, so they tried to make money whatever the outcome. I know these guys exist yet, but is almost impossible to do this now, as you have to be a member of at least 100 betting sites and also pay them the fee for telling you what match to combine through different bookmakers so you can win, no matter the outcome.

I would love if such service is offered here in this forum, although I highly doubt it, no one has the time and facilities do to this these days in my opinion.

It will be very difficult to make a living doing ONLY arbitrage, and difficult to make both bets at the same time. But you can find opportunities if you make lots of bets over time. For instance, if you bet Panthers +475 to win the Super Bowl or Broncos +600 before the playoffs started, or at even greater odds before or throughout the season you coudl guarantee yourself some cash tonight.

But to do that would involve making good bets back then, which takes effort, not some sort of easy system.

[mtnsaa]

Arbitrage was well known a few years ago, people checking different odds from different bookmakers, so they tried to make money whatever the outcome. I know these guys exist yet, but is almost impossible to do this now, as you have to be a member of at least 100 betting sites and also pay them the fee for telling you what match to combine through different bookmakers so you can win, no matter the outcome.

I would love if such service is offered here in this forum, although I highly doubt it, no one has the time and facilities do to this these days in my opinion.

It will be very difficult to make a living doing ONLY arbitrage, and difficult to make both bets at the same time. But you can find opportunities if you make lots of bets over time. For instance, if you bet Panthers +475 to win the Super Bowl or Broncos +600 before the playoffs started, or at even greater odds before or throughout the season you coudl guarantee yourself some cash tonight.

But to do that would involve making good bets back then, which takes effort, not some sort of easy system.

Predicting the Super Bowl finalists is not arbitrage, arbitrage is not about predicting the outcome of a game or a tournament, is more about predicting the odds that will be given and wait and find the arbitrage. The easiest way is to find the arbitrage already there but in my experience it's very hard and the window closes fast if that was the case.

[yugo23]

it's really hard to achieve 8 winning streak with X2 odds or more
in my opinion players should use the normal marinagle in sports betting , no need to keep doubling when you win cause it's so hard to achieve 8 streak
but at the end it's all about the experience , if you found it good then go for it

It seems to me you have misunderstood her plan. She was suggesting people to "double the bet size until they win" rather than "double the bet size when they win", so it is pretty much the normal martingale.

ahh I thought she was suggesting to double the bet when you win till you achieve that amount
so basically this is just martinagle , not A True Martinagle System 

Same here!

Which means I don't understand really the point of the post. It's just a martingale system!
Not bad hey, but just extremely classical ^^

[BTCBinary]

Seems to be a nice model to be applied to sports trading.

Perfect to be used in a soccer match where a week team plays at home with a strong team

[futurebit640]

Increasing it by *2 seems to be a thing for those with big bankrolls. Also, there aren't sure profits to be gained in a sports bet. This is one method to lose your money fast than any other gambling methods there is. If it works for you then great, but most of the time it wouldn't.

From calculation perspective it looks good but in reality very difficult to get always winning team odds more than 2 or at least 2 or one may need to wait very very long time to get this done. In my opinion this concept will not work in sports. If you want to make money in sports than don't really look to double your money immediately instead looks for the most probable winning team to bet.

[Mars110]

Hmzz, your ideas very interesting and pretty good. But it was all not everything will work out well, because sometimes these predictions make a great defeat, I also think, sometimes a team that not entered the top 10 in the standings will win by a team that entered the top 10. Because they also have the passion to become a champion in a match. So your idea is less precise.

[Cyaren]

I think Martingale works a lot more well in sports betting than in real life. But seriously nothing is guaranteed and anyone can bust easily over this method.

[TriggerX]

It's probably not going to work as the odds of betting on dice are almost the same. It seems like a decent idea if you are into sports and watch alot of it, so the odds might be slightly in your favour. If anyone plans on doing this, good luck to you!

[Erza]

Martingale strategy is a fail system.You cant win in long-term with martingale strategy.
Is very hard to make money with gambling.

It is not fail though, you just need to set your balance and your bet amount well to get some good profit. Without make a good setting on these I believe there is no one could make good outcome

[BitcoinSupremo]

I see we have not understood each other, I know Chelsea have lost many of their matches this season, but have they lost 8 consecutive games playing at home ? I think no although not sure.

For those who thing this is a big bankroll, can start out little by little not from 0.01 BTC, but from 0.001 BTC this way more chances of trying this method, but this one needs a lot of patience, that rarely is to be found on gamblers.

[TipZ]

No infinite bankroll =  no martingale...

[relq]

Wow i never see a girl like sports betting. I think martingale system is good for sports. It's not like dice who have provably fair. and on sports it's really fair.

[BitcoinSupremo]

Wow i never see a girl like sports betting. I think martingale system is good for sports. It's not like dice who have provably fair. and on sports it's really fair.

And you haven't seen enough. Today I think making my premier start with a girly tipster thread

[RealPhotoshoper]

No infinite bankroll =  no martingale...

Many people believed like that, martingale only works on infinite bankroll which it's means the strategy would not work at all in the end.
So do I, no matter what kind games you gambled , using martingale needed a very large bankroll with very low base bet.