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п»ї4 Proven Betting Systems That Work in 2021.
I remember when I first started searching for a proven betting system googling the term “ betting systems .”
There was all sorts of progressive staking systems , martingale systems, stop at a winner systems, progressive laying systems. The fact was though that none of these betting systems held up to any long term analysis and would normally blow your bank if you followed them for long enough.
But after researching a bit longer I found a few betting systems that did actually work.
Here are four betting systems that I have used over the years.
Which continue to be profitable in the year 2021.
Proven Betting System 1 – Arbitrage Betting.
Table of Contents.
Sports Arbitrage betting is something that I still use on the occasion as part of my portfolio . Arbitrage betting involves covering every outcome of an event. In order to guarantee a profit no matter the outcome.
Here is an example of a number of arbitrage bets found using the software rebelbetting.
For example if we take one of the arbitrage bets above.
There is a 3.7% arbitrage bet between The New Saints and Bala in the Welsh division.
In the draw no bet market The New Saints could be backed at 1.53 with Marathonbet and Bala could be backed at 3.2 with William Hill.
For every ВЈ100 risked across both outcomes a profit of ВЈ3.7 could be guaranteed.
With arbitrage betting you can make several of these bets every day and gradually build up your bankroll with almost zero risk.
It is a system that once you understand can be used again and again.
Negatives of arbitrage betting?
The only issue with arbitrage betting is that it has a limited life cycle. Bookmakers will eventually limit arbitrage bettors accounts once they see that they are not going to be profitable customers.
Arbitrage betting is a great way to build up a betting or trading bankroll. Before you move on to betting or trading with exchanges and Asian bookmakers.
Proven Betting System 2 – Value Betting.
Value betting is similar to arbitrage betting as it involves exploiting the soft bookmakers. A value bet involves looking for odds that are out of line with the sharp Asian Bookmakers or betting exchanges.
Given that the odds at sharp bookmakers and betting exchanges are quite efficient in big markets. The betting exchanges and sharp Asian bookmakers often offer close to the true odds of an event. Sometimes when there is odds movement on these events soft bookmakers will be slow to move their odds.
Consistently betting on odds above the Asian bookmakers and betting exchanges has proven to be profitable.
The advantage that value betting has over arbitrage betting is that you generate a much higher turnover and use lower stakes which may make your accounts last longer then conventional arbitrage betting.
A lot of bookmakers will also offer value accumulators often on a weekly basis as part of odds boosts or special promotions.
Negatives of value betting?
Again the only downside to consistently taking value bets is that soft bookmakers will eventually see that you are able to make money from them and will limit or close your account.
However if you plan to make money from sports betting. Getting banned from soft bookmakers is going to happen whichever way you choose to make money from them.
Proven Betting System 3 – Matched Betting.
The popularity of matched betting has exploded in the last few years and with good reason.
Matched betting is probably one the best and easiest ways to generate a good second income online. It involves taking advantage of bookmaker offers to guarantee a profit much like arbitrage.
The big advantage that matched betting has over arbitrage is that is a lot less obvious and harder for bookmaker’s employed traders to spot.
I have covered matched betting in a lot more detail in this article below.
Negatives of matched betting?
There isn’t many downsides to matched betting. Bookmakers will stop giving you promotions eventually. But as discussed before this is what happens when you become a profitable sports bettor.
So there you have 3 proven betting systems that are currently working in 2020. Which should also prove be profitable in the long term.
Each of these betting systems involve exploiting soft bookmakers.
This is really the best way to start making money from the sports betting markets and allows you to build up a nice trading bankroll or good second income.
Proven Betting System 4 – Betting On Team News.
One proven betting strategy that you might know is reacting quickly to team news.
Odds can rapidly change on the basis of team news, if you have a good knowledge of the teams that are playing.
Then you will often be able to secure yourself a value bet.
Here is a good example of how odds can change when a teams lineup is announced.
In this example I have highlighted the point at which team news was announced.
This was a Europa League between Arsenal and Standard Liege.
Arsenal announced a weaker side then expected, from this news the odds on Arsenal drifted quite significantly before the game started.
If you were familiar with the teams and reacted to the information you would have been able to secure yourself a value bet on Standard Liege. Due to the fact that Arsenal’s odds were drifting so the odds on the draw and Standard Liege would have to shorten.
This is a really effective strategy and if you have access to betting exchanges you can often secure yourself a profit before the game even starts.
Here are two videos which explain this strategy in more detail.
Which betting systems have you found to work best?
Are there any that are missing from this list?


The Race To Legalize Online Sports Betting In NY: Cuomo Vs. State Democrats.
With New York facing a $15 billion budget shortfall from the coronavirus pandemic, online sports betting is viewed as one possible way to inject much-needed money into the state. New Jersey legalized online wagers in 2018, and earlier this month, Governor Andrew Cuomo included an online professional sports betting plan in his executive budget proposal that he claimed would raise $500 million in revenue for the state.
But many logistical hurdles remain. Cuomo’s proposal for legalization runs counter to what the Democratic supermajority in the state legislature is pitching. Some authorities are questioning the legality of the whole enterprise. And there are lingering concerns about gambling and addiction, particularly with the number of people sequestered at home and the opportunities that could be suddenly available to lose significant amounts of cash.
“I don’t see the governor’s proposal as workable in New York,” said Assemblyman Gary Pretlow, the chairman of the Committee on Racing and Wagering.
Right now, you can place horse racing bets on your smartphone through an app run by the not-for-profit corporation that oversees horse racing in New York’s three major tracks. Mobile betting for professional sports could theoretically function in a similar way. Currently, the servers for horse betting are located at the racetracks.
In both Cuomo and the legislature's proposals, the servers for mobile sports betting would be situated at places where bets are already taken, like casinos. The major overriding question is how many operators, or “skins,” as they are called in the industry, there will be, and who will get to profit.
Under Cuomo’s proposal, which still needs to be fleshed out further, the New York State Gaming Commission would be directed to solicit bids for a small number of mobile sports wagering operators. The system would be akin to how the state-run lottery functions, with possibly only one or a small number of operators overseeing sports betting. A single operator runs online sports betting in New Hampshire, Oregon, Rhode Island and the District of Columbia. Overall, sports betting is now legal in more than two dozen states.
Robert Mujica, Cuomo’s budget director, said earlier this month that the advantage of the state proposal would be the ability to maximize tax revenue. “The fundamental question is: if you want to support the bottom line for casinos or New York’s students. And the governor’s proposal chooses students,” Mujica told the Wall Street Journal . (An identical statement was sent to Gothamist from Freeman Klopott, a budget spokesman for Cuomo.)
It’s not clear yet what Cuomo’s tax rate would be for his online betting model, though Mujica has asserted that it would be enough to raise $500 million a year. The state legislative proposal, co-sponsored by Pretlow and the chairman of the State Senate’s Racing and Wagering Committee, Joseph Addabbo, puts the number closer to $100 million annually.
At first glance, that would seem to make Cuomo’s proposal the better one, given the potential for serious state budget cuts without new forms of revenue. But lawmakers and some gambling industry insiders aren’t so sure. In New Jersey, which is generally viewed as a success given the number of people who place bets, there are as many as 17 legal online sportsbooks.
New York’s legislature is looking to take a similar approach, believing their proposal has a better opportunity for growth—more operators can lead to more options for consumers and more interest in placing bets. Addabbo calls his legislation “inclusive,” because it would also allow for Native American casinos, casinos on state property, and off-track betting sites to participate.
“Competition bodes better for our residents and will drive up revenues than being a narrow state-run lottery kind of system,” Addabbo argued. “New York finds itself in a very odd position not being a leader. We are outside looking in. New York right now is a three-wheeled car limping along in the right lane. New Jersey and Pennsylvania are speeding by us.”
Bennett Liebman is a government lawyer in residence at Albany Law School who previously advised Cuomo as the deputy secretary for Gaming and Racing. He said the difference between the two models is a question of what is being prioritized: more tax revenue, or a better model, long-term, for consumers and gambling interests?
“It all depends on what you want in your market. If you want what the governor is seeking, which the draft is very general, you are looking for maximum tax revenue, you will give it to one or two groups and you are going to tax them at a very high rate,” Liebman said. “If you are looking to create a robust market to help out casinos and consumers, then you go with, or you are more inclined to go with, the legislative plan.”
Liebman called the Cuomo administration’s $500 million revenue figure for online sports betting “very, very high,” and predicted a few operators would dominate the space in New York, like DraftKings and FanDuel have done in New Jersey. Casinos, racetracks, and online gambling in total generated a little more than $300 million in tax revenue for New Jersey in 2020.
Even if New York reached Cuomo’s projections—let alone the far smaller figure from the state legislature—online sports betting would represent only a minuscule fraction of a state budget that was $177 billion last year. One question hanging over the debate is whether the united front fighting for mobile sports betting in New York—the currently existing casinos, and operators like DraftKings and FanDuel—would crumble if only a small number of them were selected to make money from sports betting.
According to a constitutional amendment passed in 2013, sports wagering in New York is currently allowed only in physical portions of its four existing commercial casinos and other facilities operated by Indian tribes. Cuomo and supporters of online sports betting believe their proposal will meet the requirements of the state constitution by locating the servers for the betting websites at the physical casinos.
Neil Murray, an Albany attorney who has sued to oppose gambling in the state, said there was a “legitimate, serious question” about the constitutionality of online sports betting.
“The problem right now is the constitutional amendment that was passed several years ago does carve out exceptions for gambling at casinos. The operative word is ‘at’ and what does that mean?”
Murray argued the way the amendment was proposed—an economic stimulus for destination casinos that would prevent the proliferation of gambling statewide—contradicts the arguments made for mobile sports betting today. “If you allow online gambling and people can gamble from their living rooms, then of course that destroys the whole purpose on which gambling was authorized on a limited basis to begin with,” he said. “Everybody is counting on collective amnesia.”
Pretlow, the state assemblyman, contended that his bill met the requirements of the state constitution but Cuomo’s would not if it chose to operate like the state lottery. The lottery is regarded as a game of pure chance with no skill involved, allowing it to circumvent a longtime prohibition on gambling in the state.
“The lottery has to be 100 percent chance. The lottery is not gambling,” Pretlow said. “It’s flip a coin, heads or tails, nothing in the middle. I think if the lottery were to handle sports betting, it would lead to a constitutional question.”


Washington State Gambling Commission Prepping For Sport Betting Rule Making.
WSGC will also ask for forgiveness or an extension on $6 million loan.
Late Friday afternoon, the Washington State Gambling Commission voted 3-0 to open the legal sports betting rule-making process and agreed to move forward with a request to the state legislature to forgive or extend repayment of a $6 million loan that is part of the new sports betting law.
Neither decision signals any immediate movement on sports betting; rather, gambling commission staff is setting the table so that it is ready to move when the first tribal compact that includes sports betting is complete. That likely won’t happen for another few months, at which point the gambling commission will start the rule-making process in earnest.
Washington lawmakers legalized tribal-only sports betting in March, limited to betting on premises at brick-and-mortar sportsbooks. But unlike in some states, there are no firm deadlines in the bill. As examples, Colorado’s sports betting law required that the state be prepared for systems go by May 1, 2020, while Virginia’s new law calls for rules to be approved by Sept. 15. Virginia lawmakers legalized sports betting a month later than Washington lawmakers did.
Compacting first, rules second.
And while the WSGC has been doing what it can to prepare for sports betting, the state and its tribes must complete the compacting process to add sports betting as an authorized activity before the commission can roll out proposed rules or begin the licensing process.
“The first step is to get this clarified in compact negotiations,” said WSGC Legal and Legislative Manager Brian Considine during the meeting, which was held virtually. “If the agreement is to issue licenses and write regulations, then we will be ready. At three months or so, if we’re in a good place (with compact negotiations) to start moving forward with rules, then we can do so.”
The gambling board is already in negotiations with four tribes, and it will have to negotiate with each tribe individually, come to an agreement, and then have that agreement signed off on by the state legislature, the governor, and the U.S. Dept. of the Interior.
Considine said rules would cover everything from licensing to integrity, but that at this early stage, he couldn’t say exactly how or even when proposed rules would be rolled out.
“In Colorado, Indiana, Pennsylvania, and others, they do take that first step with licensing so they can start knowing who is going to come into the space, and regulations second,” Considine said. “I’m not saying that’s how it will happen, but that’s what other states have done.”
In fact, the Virginia Lottery did just that, rolling out proposed regulations that covered licensing, consumer protections, voluntary self-exclusion and a sports bettors’ bill of rights just last week, with a second round of proposed rules to follow in August.
Washington’s $6 million question.
A second key sports betting item on the agenda dealt with the $6 million loan that the state legislature awarded to the WSGC in March. The loan was added as an emergency provision to the law and was supposed to be used to give the commission a leg up on quashing illegal sports betting.
Sec. 14. The sum of six million dollars is appropriated from the general fund—state for the fiscal year ending June 30, 2020, and is provided solely for expenditure into the gambling revolving account. The gambling commission may expend from the gambling revolving account from moneys attributable to the appropriation in this section solely for enforcement actions in the illicit market for sports wagering. The appropriation in this section constitutes a loan from the general fund to the gambling revolving account that must be repaid with net interest by June 30, 2021.
But sports betting became law before the coronavirus became a major issue in the U.S., professional sports shut down, and stay-at-home orders or restrictions were put in place. When the loan was issued, the intent was that it could be paid back using proceeds from sports betting, such as licensing fees. But with the overall slowdown in the economy, the gambling board, like nearly every other government agency in the U.S., is experiencing a shortfall.
Gambling Commission CFO Chris Stanley outlined a plan to request an extension on paying back the loan to 2022 or ask for complete forgiveness. Ex-officio board member Sen. Steve Conway strongly recommended asking for an even longer extension — into 2023 or 2024 — rather than going back to the legislature a second or third time. In the end, the board agreed that having the loan forgiven would be the goal, but failing that, it would ask the legislature for an extension.
“I am a proponent of asking for forgiveness, and it is up to Brian (Considine) to bring that home,” said board chairman Bud Sizemore. “If he cannot do that, then we ask for another year or two. I don’t want to give up on the idea of additional enforcement.”
The board tabled several other capital projects, including replacing its IT system, in favor of managing the sports betting loan.


Which Betting Strategy is the Most Profitable?
In gambling, the amount you bet is just as important as what you bet on. In this article, we simulated five popular betting strategies to try and determine which is the best.
Every serious blackjack player knows that proper playing strategy must be followed in order to keep the house’s edge to a minimum. But staking strategy (i.e. how much to bet on each hand) can be just as important and make the difference between winning and losing in the long run.
The Secret of Success.
Mathematician John Kelly Jr. created a staking formula that many professional gamblers follow to this day. Kelly states, “Playing strategy is maybe a third to a quarter … of what you’re going to get out of it. Betting strategy may be two thirds or three quarters”.
Below, we mapped the success of five popular betting systems over a series of 500 bets:
The above graph shows the profits from 500 simulated bets for the five betting systems, with a 55% probability of winning each bet. The initial bet for each system was $100 (except for the bet everything method, which initially bet $1000). Each system started with a $1000 balance, and the simulation ran for each method until the 500th bet or until their balance was zero).
The five betting systems are explained below:
Betting Strategy A: Bet It All, Every Time.
Bet your entire balance on each bet. The advantage is that if you win, you win big. The downside, of course, is when you lose, you’re out of money.
Betting Strategy B: Martingale.
The Martingale system has you double your bet after every loss, so that the first win would recover all previous losses plus a profit equal to the original bet. Since a gambler with unlimited bankroll will, almost surely, eventually win, the Martingale betting strategy is seen as a sure thing by some.
Of course, no one has an unlimited bankroll, and the exponential growth of the bets in order to cover losses will eventually bankrupt gamblers who use this system.
Betting Strategy C: Fixed Betting.
This system requires you bet a fixed amount for each bet. In this example, it is $100. With a 55% probability of winning, this method means you won’t lose your entire balance quickly. It also means any chance of winning will also be slow and steady.
Betting Strategy D: Proportional Betting.
With this strategy, you bet a fraction of your balance in proportion to your edge. In this case, we used the Kelly equation for proportional betting. Here your bet would be your edge divided by the odds. In this example, since the edge is 10% and the odds are evens, 10 / 1 is 10.
So 10% of the $1000 balance, i.e. $100, should be bet each time. If that bet wins, the next bet would increase to $110, 10% of the new $1100 wallet. This means winnings increase quicker than in the fixed-wager system, and losses slow down.
Betting Strategy E: Fibonacci.
With this strategy, you increase your bet in a Fibonacci sequence, to your losses with the next bet’s winnings. The Fibonacci sequence are numbers in the following sequence:
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144,…
By definition, the first two numbers in the Fibonacci sequence are either 1 and 1, or 0 and 1, depending on the chosen starting point of the sequence, and each subsequent number is the sum of the previous two.
This method has similar drawbacks to the Martingale system, but it reduces how quickly the bet increases if you’re on a losing streak,as well as reducing the rate at which you win.
Which Is the Most Profitable Betting Method?
Clearly, Strategy D, the proportional betting system , provides the greatest returns, earning $18,275 after 500 bets. This is not too surprising, since proportional betting appears to have a natural advantage over the others systems.
Say you’re down to your last $100, you’d be betting $10, and decreasing each time, keeping you in the game for much longer than a fixed betting system, where your last $100 would be your last bet.
The only system other than proportional betting to avoid losses was fixed betting (Strategy C), earning $6,400 after 500 bets.
Strategy A, bet it all, generates big gains after the first bet, earning as much in one risk than the others do in the first seven. However, this strategy is eliminated on just the second round. The chance of making it through 500 rounds at 55% is practically impossible – although you would have earned $67 billion by bet 27.
The Martingale (Strategy and Fibonacci(Strategy E) betting systems also start strongly, but any big sequence of losses quickly increases the required stake.
In our simulation of betting online, we lost 11 times in a row at round 83. These losses completely wiped out both Fibonacci and Martingale’s stakes. In fact, at the 11-in-a-row loss, the Martingale bettor had to bet $403,000 to recoup his losses.
That was impossible, since his maximum balance was only $6,300. For Fibonacci, the maximum bet was $33,500, with his balance reaching its maximum at $4,100 before busting out.
The 11-bet losing streak also affected proportional betting (Strategy D) greatly, reducing its winnings from $7,359 to $2,286 – lower than that of fixed betting (Strategy C). This shows how well fixed betting protects your winnings and thus ranks as one of our best betting tips.
Which Betting Strategy Should I Choose?
It’s important to keep in mind that our simulation is based on the huge assumptions that we know both the edge (10% in our case) and that the edge is in our favor. This is not likely, and without it, the results for all betting strategies would change significantly.
If you liked this simulation, check out some more betting tips:




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