- Hedge betting involves betting on a different outcome from your original bet to guarantee yourself a profit regardless of the outcome. You can do this if the line you bet on moves enough to make it profitable, or if you bet a parlay that is winning going into a final leg on Sunday or Monday night.
- This project evaluates the performance of betting systems using as many real-life elements as possible. Starting with a gambling record of more than 600 bets that were actually placed at an online sports gambling website, a Monte Carlo simulation is carried out to compare different bet selection strategies and staking plans.
Is betting on football profitable is a question we get asked a lot. Like in all forms of betting, some punters will make a profit, but even more will make a loss. Of those that make a profit, some will make a profit from luck, though luck tends to run out eventually.
We all know that there's no such thing as a 'never lose' football betting system, but there have to be some which make money, right?
Having used dozens of sports betting systems over the years, I can honestly say that most of them will not make a long-term profit.
However, if you have reasonable expectations and you're prepared to put a little effort in, you can find proven football betting systems which are worth following.
In this article I will explain the best way to get started with betting, why following tipsters is often a bad idea and why you should consider trading on a betting exchange instead.
Make Money from Matched Betting
Everyone should take advantage of matched betting offers - no exceptions!
Is matched betting worth it? Definitely! It's the easiest money you will ever make in your lifetime and if you don't have many online bookmaker accounts already, you will easily clear £1,000 tax-free.
Very simply, you will open a series of bookie accounts and be given bonuses for doing so. You will then be shown how to be turn those bonuses into guaranteed tax-free cash. It's literally as easy as that.
There are dozens and dozens of bookmakers to take advantage of, then they will start sending you additional 'reload' offers and all sorts of incentives. Most of these can be cashed out too and a matched betting blog will show you exactly how to do it each time.
One of the best matched betting sites is Bonus Bagging. Mike will tell you which bookie to join, how much bonus you will receive and then he will explain exactly how to cash it out. You don't need to know anything about sports betting, just follow the simple instructions.
During our review, we made £341.41 profit in one month!
This is the next step after Bonus Bagging. You will take advantage of all sorts of bookie offers, reloads, casino incentives, etc and make more tax-free profit. There are also low risk opportunities which don't always win, but you will make a fantastic profit from them overall.
This time, our reviewer made £391.12 profit just by following the simple instructions. Each offer took 10-15 minutes and averaged £9.54 profit. That's a fantastic tax-free hourly rate!
Profit Expectation
Once you have built your betting bank, it's time to put all that money to work.
However, whereas you were making guaranteed profits before from matched betting, you're not going to be able to do that ongoing. Bookies will start to limit your accounts, restrict you from taking advantage of their offers and you need to find new sources of profit.
The biggest trap that new bettors fall into is going after huge winners. Bookies are experts at setting the right prices and then trimming them a bit more so that they're sure to make a profit overall. In order to beat them you need to be clever enough to spot pricing errors, patient enough to wait for them to show up and then confident enough to ride out losing runs. It's not at all easy!
You have probably placed a football betting accumulator at some point. The selections all look sound and nothing could possibly go wrong... until that home 'banker' ends 1-1 and your whole acca is let down.
Bookies make more profit from accumulator bets than anything else, so you need to get smart.
Accumulator Generator is a system which will help you to win accumulator bets more frequently. It's worth taking advantage of while you still have some bookie accounts available to bet with.
Our reviewer made £601.05 profit in just one month!
Make Money from Matched Betting
Everyone should take advantage of matched betting offers - no exceptions!
Is matched betting worth it? Definitely! It's the easiest money you will ever make in your lifetime and if you don't have many online bookmaker accounts already, you will easily clear £1,000 tax-free.
Very simply, you will open a series of bookie accounts and be given bonuses for doing so. You will then be shown how to be turn those bonuses into guaranteed tax-free cash. It's literally as easy as that.
There are dozens and dozens of bookmakers to take advantage of, then they will start sending you additional 'reload' offers and all sorts of incentives. Most of these can be cashed out too and a matched betting blog will show you exactly how to do it each time.
One of the best matched betting sites is Bonus Bagging. Mike will tell you which bookie to join, how much bonus you will receive and then he will explain exactly how to cash it out. You don't need to know anything about sports betting, just follow the simple instructions.
During our review, we made £341.41 profit in one month!
This is the next step after Bonus Bagging. You will take advantage of all sorts of bookie offers, reloads, casino incentives, etc and make more tax-free profit. There are also low risk opportunities which don't always win, but you will make a fantastic profit from them overall.
This time, our reviewer made £391.12 profit just by following the simple instructions. Each offer took 10-15 minutes and averaged £9.54 profit. That's a fantastic tax-free hourly rate!
Profit Expectation
Once you have built your betting bank, it's time to put all that money to work.
However, whereas you were making guaranteed profits before from matched betting, you're not going to be able to do that ongoing. Bookies will start to limit your accounts, restrict you from taking advantage of their offers and you need to find new sources of profit.
The biggest trap that new bettors fall into is going after huge winners. Bookies are experts at setting the right prices and then trimming them a bit more so that they're sure to make a profit overall. In order to beat them you need to be clever enough to spot pricing errors, patient enough to wait for them to show up and then confident enough to ride out losing runs. It's not at all easy!
You have probably placed a football betting accumulator at some point. The selections all look sound and nothing could possibly go wrong... until that home 'banker' ends 1-1 and your whole acca is let down.
Bookies make more profit from accumulator bets than anything else, so you need to get smart.
Accumulator Generator is a system which will help you to win accumulator bets more frequently. It's worth taking advantage of while you still have some bookie accounts available to bet with.
Our reviewer made £601.05 profit in just one month!
Betting tipsters either make a profit or a loss and both of those can be bad news for followers.
Quite obviously, losing tips result in followers losing money. But how on earth could there be a problem with winning tips?
Well, in order to make a profit from betting long-term you must bet with value. It doesn't matter if the next 10 tips win or lose, as long as they have value then there will be a profit over many months.
Here's the problem: once word gets out about a winning tipster and follower numbers increase, value is eroded as more people scramble for the best prices and nobody makes as much profit as before. The tipster loses his/her magic touch despite not changing a thing.
The only way to prevent this from happening is for tipsters to limit the number of their followers. We have had to do this with our Trade Your Bets site which is closed to new members almost all of the time. However, you can join our waiting list and we'll let you know when places become available. If only all tipsters understood the risk and did this!
Best Way to Make Money on Betfair
Have you considered that betting might not be the way forward?
It's safe to say that there are far more people trading football for a living than betting. I wouldn't say it's easy and there's a lot to learn but, once you have some experience of using Betfair football trading strategies, a whole new world of opportunity opens up.
Think about it... when betting, you're going up against a bookmaker and the overround (profit margin) that they build into their books. However, with Betfair trading, you're pitting your wits against other real people and even taking on the role of the bookmaker from time to time.
You've never seen a poor bookie, so I'm sure you can understand how powerful it can be to become one!
There are a number of Goal Profits members who now consider themselves to be full-time football traders. It didn't fall into their lap overnight - it never does - but they improved with practice and now enjoy trading football as their job, without the risk of relying on tipsters.
If they can do it, why couldn't you?
Looking for a useful second income or aiming higher with a full-time career?
Goal Profits members get everything they need to trade profitably and professionally:
- Exclusive Team Stats and a Live Stats Module that make trading very quick and easy.
- Profitable trading strategies with daily selections.
- Additional tools that highlight trading opportunities quickly and effectively.
- Updated training resources to help beginners learn trading from the ground up, improving understanding and results.
- Inplay support from professional football traders in our exclusive chat room/forum and by email.
- Unparalleled (yes... really!) customer support by live chat and email.
We're now offering a fantastic opportunity for you to finally achieve what you want from trading using all the above tools - and with the help of the most successful Betfair community around...
If, after a week, you think it's not for you - cancel your subscription and we'll part ways with no further fees
Full membership costs as little as £1 per day - click here for all membership options
One of the questions we get asked most often here at Honest Betting Reviews is 'What is the most profitable betting system?'
Having reviewed dozens of systems, it is not an easy question to answer. There are hundreds of betting systems out there, but very few of them are actually profitable in the long-term.
Others will make a profit, but get your bookie accounts shut down and therefore being of limited use.
So the key thing is to find systems that are profitable in the long run and are viable to use either with the bookies or on the exchanges.
With that in mind, we have look below at the top five most profitable betting systems, starting with number five and working our way down to the number one most profitable betting system.
Before that though, a look at the recommended bookmakers for these betting systems.
Best Bookmakers for Betting Systems
With so many bookies these days, you are spoiled for choice in terms of which one to go for.
Generally speaking,Betfairwill tend to offer the best value across all the markets, althoughBet 365also offer good odds most of the time.
Top 5 Most Profitable Betting Systems
Right, without further ado, on to our Top 5 Most Profitable Betting Systems, starting with number five:
5. In-Play Scanner
If you are looking for a potentially profitable system for football betting, you could consider using a tool like the In-Play Scanner, which monitors all in-running games and gives them a ranking based on how likely it is for there to be a goal. So when a ranking hits a certain level (say 70), it indicates a high chance of there being a goal scored shortly.
The benefit to this strategy of course is that you will get better odds for waiting for the game to go in-running. The odds on over 1.5 goals will move quite dramatically from the kick-off as the minutes tick by, thus offering a great value opportunity.
This strategy can be highly effective. Indeed, we ran a trial of a system that used these in-play stats and made £632 profit over the three month trial.
A very profitable system and one that comes highly recommended. You can check out the In-Play Scanner here.
4. Each Way Sniper
Making consistent profits from betting on the horses is tough but one of the systems that manages it is Each Way Sniper. It is based on the excellent value you can get from betting on each-way selections when there is a strong favourite in a race.
Included in the system is software that automatically shows you selections for upcoming races and how much you could win, together with the odds and the bookie to bet with, plus a calculator to work out your stake. So pretty much all the work is done for you, it is just a case of placing the bets. You can generally make £5 – £10 per bet and there are normally multiple opportunities each day.
The beauty of Each Way Sniper is that it's risk-free, so you can't lose when using it. The only thing to bear in mind is that bookies don't like it when you place each way bets on outsiders in races with a strong odds-on favourite, so you have to be careful which races you use it in.
As a method for making some additional cash risk-free though, this is a great system and well worth the investment.
3. Banker Bets
In third place in our list is a superb and consistent betting system for football matches. It is – as you may have guessed from the name – about backing odds-on shots, known in the trade as 'bankers.'
However, where as most people end up losing when they try to follow so-called 'bankers,' the man who devised Banker Bets, John Baker, has come up with a unique way of finding value in these bets. We ran an initial three month trial and have been following the bets for over 2 years now.
What we love about Banker Bet is that it has established itself over the long-term as a successful service. Since being established in 2014, it has made over 315% profit, with an average yearly return of 131% bank growth.
And that is just to level stakes. If you had used a compounding approach of staking 10% of your bank on each selection, you would have experienced bank growth of over 560%. So if you'd started with a bank of £2,000, you would have over £11,200 now.
Now compare that to your average bank that barely pays around 1% interest per year and you can see we have something special here. Plus the overall strike rate of Banker Bets is over 80%, meaning the vast majority of your bets are winners and there have been some phenomenal winning streaks of 22 and 24 winning bets in a row.
Banker Bets is one of our favourite betting systems and definitely one of the most profitable. Add it to your betting portfolio as soon as you can.
2. Little Acorns
One of the main things we look for in assessing the profitability of a betting system is its long-term results. And there are few systems that can beat Little Acorns for a long-term record of profitability.
Since having started in 2009, the system has made an astonishing 955 points profit, which means even betting at just £10 stakes, you would have made close to £10,000 from following the system. We understand there are people who have built up their banks though and are now wagering close to £100 stakes, so making considerably more. It is no wonder this system has won multiple awards.
It is a system that takes between 10 and 20 minutes per day to find the selections and there are quite a low number of bets, with often just one bet per day and sometime none. So it lives up to its name – this is a system that you build up profits from gradually over time until you have a sizable bank – or a giant oak in their parlance.
Little Acorns is an amazingly profitable system that has stood the test of time.
1. Profit Maximiser
The most profitable betting system pound for pound is undoubtedly Profit Maximiser. This is mainly because when using it, you are not risking anything, or very little, to make a profit.
Profit Maximiser is the original – and in our opinion still the best – matched betting product. What it does is take all the bookies free bet and bonuses and bring them together in one place, with clear instructions and training videos on how to do these offers so that you don't lost any money.
Football Betting Cards
Plus there are hundreds of other offers for casino, games and bingo to do so you can make up to £1,000 per month using these offers. We made £2,469 profit during our trial of profit Maximiser.
It does take time to learn and to do the offers, but as long as you are prepared to devote time to it, then it is well worth it.
There are some lucky people who have made massive wins from using Profit Maximiser, including wins of £205,550 and £58,839.60 just recently from casino games.
That is not typical of course and not every member is going to have wins like those. But it shows what is possible and that in addition to the regular income you can derive from using Profit Maximiser, you also have the chance of winning big.
A fantastic betting system and still our favourite after testing dozens of systems. The good news is that at the moment you can get a 14 day trial for just £1 here, so you can see for yourself what all the fuss is about.
Conclusion
There are hundreds of betting systems out there and the plain fact is that most of them are rubbish. Very few actually work and make you money in the long term.
Thankfully though there are a few that work and which are actually profitable. We have listed our top 5 above, which are all great betting systems that have proved themselves under live trial conditions.
Nfl Football Betting Lines
The main thing to bear in mind with any system is that it won't make you rich over night, but the potential is there to make solid, steady profits from them that you can build up over time to become a decent second income.