System Betting Slips
Have you ever wanted to know what are System Betting Slips exactly? Why is System Betting Slips so important for you and are underdog bets worthwhile? Yes, if you choose the right system.
Anyone who decides on this betting strategy has to have a lot of staking power and must not despair if one or the other betting tip goes wrong. However, it’s important to know that betting on outsiders is not unreservedly recommended for every sport’s bettor.
First, you need a lot of experience to be able to make money with it. Second, one must not shy away from the risk. The next thing to know is about what needs to be considered with outsider bets, how best to plan them, how to find them, and how to win with them.
Table of content:
- System Betting Slips
- When to consider underdog betting?
- When is a quota high – and when is it low?
- Which markets are good for betting on underdogs?
- When is it worth betting on underdogs?
When to consider underdog betting?
Most weather bettors would prefer to play on favorites. Why? Because they think that this is the easiest way to take in profits. But the truth is, favorites can fumble and outsider tips can work against it. In the case that favorite bets fall over, you will need longer with low odds to get the lost money back.
There are blatant outsiders who have betting odds of over 5.00. These odds are actually risk tips that are not worth playing. In fact, the probability of occurrence is less than 20%, hence making the risk of making this bet, disproportionately high.
But there are also underdogs who have betting odds of around 3.00. Here, the probability that this team wins increases to a third. With odds of 2.50, there is a 40% probability that the event will occur. This is where we can take the risk.
To bet on the underdog, it is worth waiting until shortly before the start of the event. This is because most bets are placed on favorites. Therefore, the bookmakers lower their odds – conversely, this means that the betting odds for the outsider increase. In this case, waiting literally pays off.
Understanding Odds Conversion in Sports Betting
When is a quota high – and when is it low?
When do we even speak of a high betting odds – and when of a low one? A high betting rate can be seen as such from 2.00. Then the profit probability drops to below 50% – the win will probably not go to this team. In addition, you have to add the profit margins of the bookies, which are around 6% on average.
If you see betting odds of 2.00 with a betting provider with an odds key of 94%, you know that he is expecting a 47.2% probability. From a low rate, usually one speaks of betting odds below 1.40. If we stick to a payout key of 6%, then a rate of 1.40 has a probability of around 67%, i.e. almost two thirds.
In 2 out of 3 cases this bet will work – this is a high probability. You shouldn’t hint at lower betting odds because the risk is no longer outweighed by the profit.
Live Betting on Outsiders at Betting Exchanges
Which markets are good for betting on underdogs?
As is generally the case, outcome bets are the preferred choice for this type of bets . However, underdog bets can be wonderfully hedged, for example with a draw. These can be double chance bets with 1 / X or X / 2 – depending on whether the underdog is playing at home or away.
You can also place a draw no bet. In this case, you will get your stake back if the game ends in a draw. But if the underdog prevails, you really get the cream. This type of bet is best if you are a slight outsider. Asian handicaps are also popular, and you can protect yourself against them.
Bets Under 1.5 Goals: Meaning and When to Play it
When is it worth betting on underdogs?
If you love risk, you should definitely try outsider betting. If you stick with it long enough and find the right bets, you can make a lot of money here. As our – very conservative – calculation example above has shown, not every outsider bet has to pay off to make a profit in the end. With a rate of 4.0, only 3 out of 10 bets have to be correct, with a rate of 5.0 you already make a profit from the 2nd correct tip.
