Question by : I need to find a good betting guide for the world cup?
Im new to sports betting and would like to learn how to do bet arbitrage, does anyone know of a good betting guide, or a betting system I can use? If you know of something that works, please share!
Answer by Eddie K
It’s much too late now, but I had developed a modified Martingale system for chasing draws. Most draws are priced better than 2/1 (+200 in American notation, 3.00 in European notation), so it doesn’t take much too much of an increased wager after each missed bet. This is precisely the reason why it is less risky than the standard Martingale chase.
Here’s how it works.
For the first match, bet 1.00 unit on the draw. If the match is drawn, then you win the bet and start over at 1.00 for the next match. If the match is not drawn, increase your next bet.
For the second match, bet a slightly increased amount on the draw. The exact amount is calculated by the price. If the price was 5/2 (+250 US, 3.50 EU), the next bet would be 1.20 units. If the match is drawn, then you win the bet and start over at 1.00 for the next match.
For the third match, bet a slightly increased amount on the draw. If the price is 9/4 (+225 US, 3.25 EU), the next bet would be 1.87 units. And so on.
The idea is that you blindly bet the draw in each match. For each time you lose, you progressively increase the bet, aiming to make up all previous losses and a small profit. Eventually, that draw will come and you will get everything back. Once you get the draw, then start the process over at square one.
The only trouble is if you run out of draws. But history has shown there are still plenty of draws to come. Since 1978, every World Cup has had at least twelve draws and all but one in that time period have had at least sixteen draws.
The problem is that you can’t really start the chase now. With the simultaneous game 3’s coming up for each teams, calculating the correct bet amount is tricky.
Know better? Leave your own answer in the comments!