Gambling and Betting Systems

Online Betting

Gambling and betting systems have existed for as long as gambling has been around. A betting system is either bogus or clever depending on whether it is based on a sufficiently deep understanding of the given game so that there is some method to the madness.

Gambling systems, even bogus ones, are always interesting to hear about, because they say something about how people perceive (or misperceive) probability.

Beating the Bookies

Let's face it, the reality is that beating the bookie is not easy its tough! It is kind of a scandal. Online bookies collect the money, then drop the odds seconds before the race starts, leaving you and the rest of the punters, out of pocket, even if you did pick the winner!

Margins are tight enough without giving away your hard earned cash to UK bookmakers or self appointed guru's for "insider information" with no proof or guarantee the horse will actually win.

It's easy to run up a £100 phone bill calling a tipster every day for one or two winners a week.

This situation sounds very familiar. Statistically around 30 to 40 percent of all favourites usually win, yet most of the online bookies we've reviewed rake in more cash than most of the punters put together. They just don't care if the favourites win or lose - free bet offer or not.

Make Money from Free Bets

There are however ways to make money from free bets in the form of gambling systems.

These require you to spend countless hours in front of a computer waiting for the result of one race before rushing to get on the next with only minutes or seconds between the two.

You need extraordinary skills or previous experience of placing a bet on football. While this isn't about dumb luck, the horse you pick or the outcome of a football match is almost irrelevant!