Betting Pools

Betting pools

 
betting pools
betting pools
 
Betting Shop. Another typical pastime of many British people. Betting shops are frequently found in many towns and cities. Bet shops often have Betting pools that can vary in many ways.
 

A betting pool, sports lottery, sweep, or office pool if done at work, is a form of gambling, specifically a variant of parimutuel betting influenced by lotteries, where gamblers pay a fixed price into a pool (from which taxes and a house “take” or “vig” are removed), and then make a selection on an outcome, usually related to sport. In an informal game, the vig is usually quite small or non-existent.

The pool is evenly divided between those that have made the correct selection. There are no odds involved; each winner’s payoff depends simply on the number of gamblers and the number of winners. (True parimutuel betting, which was historically referred to as pool betting, involves both odds calculations and variable wager amounts.)

Betting pools are not connected merely to sports, as there are topics such as deaths and births which people can bet on. Death pools usually involve well-known individuals, such as celebrities and sports figures, which the participants predict will die within a certain period of time, with more points being assigned to individuals who are under the age of 80 years or appear to be in generally good health. On the other hand, birth pools involve individuals picking specific dates in which someone, who can be either a celebrity or friend, gives birth.

 

History of betting pools

Contestants predict the outcome of sporting events that take place at a later time. The concept was introduced in 1923 by Littlewoods Pools where it was known as Uri and based on football matches.

Sports Betting Globally

Today in England, sports lotteries are more commonly referred to as football pools. American sports lotteries often do not require contestants to purchase a lottery ticket or make an initial wager. Hockey pools are common in North America and footy tipping in Australia.

In the United States, the most popular type of betting pool is the March Madness pools. Leading up to the NCAA Men’s Division I Basketball Championship, contestants will fill out brackets that predict who will win. It is estimated that 58 million Americans participate in the contest every year. Mainstream media outlets such as ESPN, CBS, and Fox Sports host tournaments online where contestants can enter for free. Employers have also noticed a change in the behavior of employees during this time.

They have seen an increase in the number of sick days used, extended lunch breaks, and even the rescheduling of conference calls to allow for more tournament watching. There are also many handicappers and pundits which offer advice for winning your bracket. Another popular type of betting pool is the college football bowl game. Millions of people bet on the winners of all 39 bowl games, as of the 2014-15 football season, every year.

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Wikipedia

Progressive parlay – how to do it

Progressive parlay – how to do it

progreesive parlay
progressive parlay

A progressive parlay is a joint wager on numerous occasions, for instance, group sports or horse races. Usually, a parlay involves a joint wager on four to twelve different occasions. Need to all the chosen bets win, the wagerer gets a fairly big payment, because of the sizable chances against this taking place. Unlike a regular parlay, if some of the individual bets lose, however mainly wins, the gambler still wins, although with a much smaller sized payment. Numerous sites utilize a schedule where the bettor can lose one bet on a 4-6 occasion progressive parlay, can lose up to 2 bets on a 7-9 occasion progressive parlay, and approximately 3 bets on a 10-12 event progressive parlay.

The term has actually likewise been utilized for a long series of wagers on live roulette or other gambling games, where the gambler attempts to rely on a “stream of luck”.

Techniques

A number of techniques have been suggested by gambling consultants when betting on parlays or progressive parlays, one of them being to choose interrelated outcomes. If the wagerer uses a parlay to wager on the very first group along with an under bet against the point total, he stands to get 2.6 systems ($260 if $100 is bet) on an initial investment of 1 system (the most typical system in betting is $100 although any amount can be substituted as a unit) compared to a payment of just 1.82 systems ($182) if the bets are made individually of each other. By turning 12 private occasions into four 3 event parlays, the wagerer decreases the number of systems he is running the risk of from 12 to 4 while concurrently increasing his potential payout if all occasions are correctly selected.

Schedule

Several sites use a schedule where the gambler can lose one bet on a 4-6 occasion progressive parlay, can lose up to two bets on a 7-9 occasion progressive parlay, and up to 3 bets on a 10-12 event progressive spread.

Several strategies have been suggested by gambling specialists when betting on the spread, one of them being to select interrelated outcomes. If the gambler uses a parlay to wager on the very first group along with an under bet against the point total, he stands to acquire 2.6 units ($260 if $100 is bet) on an original investment of 1 system (the most typical unit in betting is $100 although any amount can be substituted as a system) compared to a payment of simply 1.82 systems ($182) if the bets are made individually of each other.

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System S-1-6-6 explained

System S-1-6-6 explained

Here we will explain how the System S-1-6-6 we use alot in our betting ventures works.

System S-1-6-6 explained
System S-1-6-6 explained

If you play all doubles of 6 matches you will end up with 15 rows or plays. This system downsices this to 6 rows or plays. Meaning you save 9 rows when you deliver this system. Of course if all 6 games is corrcetly played you will end up losing 9 plays however you win if one or two games are wrongly predicted.

So insted of betting 15 lines i will usually bet nine lines and put in a safe game for better money. This way i don’t lose if i win. With triples of 7 you had to have 35 lines to play.

The system is played like this:

You need a safe game called: Safe

Next you need 6 matches you belive in: A, B, C, D, E, F

Then you put the games corresponding to the letters in the boxes and find out witch 6 lines to play. It sounds easy and it also is easy.

Here is how the system looks in neutral setup:

 

Safe Safe Safe Safe Safe Safe
A B        
A   C      
  B C      
      D E  
      D   F
        E F

As you can see the three first games are played with each other and the same with the last three. This way you will win with only 3 correctly predicted.  2 in 5 with 2 correctly predicted.

This system is so easy to use and very cheap also. You can scale up to your own security limit with your bets. Normally the bookies start with a few cents per bet however, i recommend about $1 ->.

However we will repeat ourself: DO NOT bet with money you can not afford to lose! DO NOT borrow money for gambling purposes!

Stay safe and have a great weekend with many great games and the possibillity to earn some money.

Source:https://www.bcasinoreview.com

The 1-3-2-6 System

XPBET BETTING SYSTEMS

The 1-3-2-6 System

The 1-3-2-6 system is quite similar to another positive progression betting system known as the Paroli. Both involve increasing stakes after a win and both involve a cycle of wagers that’s completed at a fixed point. The only real difference is the actual staking sequence.

According to MobileBettingSite.com, there are not many systems that are easier to understand than the 1-3-2-6, and its simplicity is almost certainly a big part of its appeal for many gamblers. There are also a couple of other advantages that contribute to its popularity.

Of course, like any betting system, there are disadvantages too. We explore the positive and the negative aspects of the 1-3-2-6 below, along with the details of how it’s used.

The 1-3-2-6 System
The 1-3-2-6 System

How To Use the 1-3-2-6 System

Like so many betting systems, the 1-3-2-6 system is designed to be used for wagers that pay out at even money, like the red or black wager in roulette. It is, in fact, very commonly used at the roulette table and at certain other casino games including baccarat, craps, and blackjack. There are also online casino games where you can gamble real money, you can get a Slotocash casino bonus from www.EasyMobileCasino.com and start playing. It does not really matter what you choose to use it for, providing you are placing wagers at even money.

As we already stated, this is a very simple system. All you have to do is adjust your stakes based on a few straightforward rules. First, you have to decide how much you want your betting unit to be. If you have a set amount of money that you are prepared to lose in a session, then a good guideline is to set your betting unit at between 2% and 5% of that.

Test

If you were sitting down to play with $500 for example, then $10 would be a decent figure. One betting unit is how much you stake on your first wager of any sequence. Every time you lose a bet, then the sequence ends and you start a new one, again staking one betting unit on your next wager.

When you win a wager, then you adjust your stake in according with the sequence 1-3-2-6. So if you win your first bet of $10 you increase your stake to $30 (3 betting units) for the next one. If you win that too then you stake $20 on your next wager. Win that one and you then stake $60.

Should you win your fourth consecutive bet then the sequence is complete and you start again with one betting unit. Remember, if you lose at any time you also reset your stake back to one betting unit.

That’s essentially all there is to the 1-3-2-6 system. Providing you can remember the simple set of rules, then you should have no problem using this system if you choose to.

Possible Outcomes of the 1-3-2-6 system

Because this system features such a short cycle, there are only a few possible outcomes. These are as follows.

  • Lose the first wager (total loss of 1 betting unit)
  • Win the first wager, lose the second one (total loss of 2 betting units)
  • If you Win the first two wagers, lose the third one (total win of 2 betting units)
  • Win the first three wagers, lose the fourth one (break-even)
  • Win all four wagers (total win of 12 units)

As you can see, out of the five possible outcomes of a single cycle only two of them are losing. The two losing outcomes are if you lose the first or the second wager. Therefore, every time you win the first two wagers you cannot lose on that cycle.

This might make it seem like the 1-3-2-6 system is more likely to win you money than it is to lose you money. Sadly this isn’t true. While this system does have some advantages, guaranteeing a win isn’t one of them.

Advantages and Disadvantages of the 1-3-2-6 system

Perhaps the biggest advantage of the 1-3-2-6 system is that it’s so simple to learn. If you really want to use a betting system but don’t want anything too complicated, then this one is a good option. There’s also no increasing your stakes when you lose, so you should be able to avoid losing money too quickly, particularly if you are sensible about the size of your betting unit.

Another notable advantage is that by stopping the cycle after four consecutive wins, and then going back to staking one unit, you can basically lock in some profit from a small winning streak. There’s every chance that you’ll win four times in a row on multiple occasions during a session, and if you are lucky your winnings from doing so will be greater than any losses from losing wagers.

The system isn’t without its drawbacks though; the most important being that it does precisely nothing to actually overcome the house edge that exists in all casino games. There’s no betting system that does. Although it can help you keep your discipline by giving you a set of staking rules to follow, ultimately you are still relying on some luck to win. If you get the wrong sequence of results, then you’ll lose.

The 1-3-2-6 system isn’t a bad betting systems to use, as far as the ones that are out there, providing you accept it for what it is. It doesn’t guarantee that you’ll win, but that’s not to say it can’t help you make the most out of your good luck when you get it.

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