System bets are one of the most exciting betting types, which is ideal for punters who love placing accumulator wagers. This betting type lowers the risk associated with sports betting while increasing your chances of winning on a betting platform.
Additionally, almost all bookmakers now provide system bets, which have become a consistent element in sports betting.
Betmok spoke with Jimmy Daytona, a betting expert at BetZillion, about this type of betting and the best ways to win system bets.
What Is a System Bet?
System bets are the kind of wagers with a combination of selections where you don’t need all of your choices to win for your stake to be successful. In other words, bettors must wager on three or more sporting events to place a system bet.
There is a similarity between a system bet and an accumulator bet with just one key difference. The difference is that you don’t need all of your sports selections to win to turn a profit, unlike an accumulator wager. Instead, it takes a few combinations to be successful for you to get something out of your bets.
A system bet has variations like 2/3, 2/4, 3/5, 4/6, etc. Every potential combination, regardless of the bet type, is made from individual tips and is listed on your betting ticket as a wagering series.
In addition, any reputable sportsbook allows you to place system bets. You should also look for bookmakers that offer the best odds, as betting odds greatly impact your earnings. Check this video to know more:
Examples of System Bets
As an illustration, let’s examine the 2/3 system bet.
Before placing any wagers on the ⅔ system bet, you must first select three separate sporting events.
Let’s examine three separate matches in the MLS.
- Tip A: Philadelphia Union at 1.70 odds to defeat FC Cincinnati
- Tip B: Odds favouring New York City FC at 1.50 to defeat Inter Miami CF
- Tip C: 2.50 odds for Chicago Fire FC to win against Toronto FC
The three tips are to create all 2-combined bets that are feasible; the bookmaker will display a total of three betting series on the ticket. As a result, your wagering series will appear on your betting ticket as AB, BC, and AC.
- Combination 1: Philadelphia Union * New York City FC
- Combination 2: New York City FC * Chicago Fire FC
- Combination 3: Philadelphia Union * Chicago Fire FC
One of the three combined bets must win to make a profit, meaning that two of the three tips must be accurate.
You should also understand that you must wager the same amount on each betting series. So, if you stake $20 on each set of bets from the example, your total stake amount will be $60.
$20 wager on AB = 20 x 1.70 x 1.50 = $51
$20 wager on BC = 20 x 1.50 x 2.50 = $75
$20 wager on AC =20 x 1.70 x 2.50 = $85
Total wager = $60
The total for the three betting series is $211. Your net profit on this system bet will be your total winning – your wager, i.e. $211 – $60 = $151
Let’s say your Tip B ends in a loss; then the bookmaker records AB and BC as a loss, with AC as the only winning combination.
The earnings for this system bet is $85. Your profit will be $85 – $60 = $25
Additionally, in a 2/4 system bet, you must first select four separate sporting events. The four selections are to create all 2-combined feasible wagers that the bookmaker will display in your system bet slip. So you’ll have your combination in this format; AB, AC, AD, BC, BD, CD. The same procedure applies to 3/5, 4/6, and all other system bet variations.
How to Place a System Bet?
Placing a system bet isn’t so different from setting a single or multi-wager. It is a straightforward process. Follow the step-by-step guide below to put a system bet.
1. Create an Account
The first step to placing a system bet is to create an account with a bookmaker of your choice. Most bookmakers allow you to wager on system bets; all you need to do is provide your details during registration to create an account and log into the site.
2. Deposit Funds into your Account
You will surely need to deposit funds in your bet account using the payment options provided by the bookmaker. This way, you can stake your funds on your selections.
3. Choose Your Preferred Sports and Market
The next thing after depositing funds into your account is to locate the sports section of the bookmaker to select your games. On each game, you’ll choose the betting option you want; Match Result, Totals, Over/Unders, etc.
4. Choose Your Preferred System Bet
System bets have several variations. Choose the one you’re comfortable with. It can be 2/4, 3/5, 4/6, etc.
5. Enter the Stake Amount and Place your Bet
The final step to placing system bets after selecting your games and choosing your preferred system is to enter the amount you want to wager in the space provided by the bookmaker and click on “Place bet or Submit” to confirm your bet.
System Bet Strategies
While system bets can be a good type of bet, it doesn’t guarantee that you’d always win your bet. However, there are strategies you can employ to enable you to win more than you’d lose.
What are the strategies?
Conduct a Thorough Research
Conducting thorough research on each sporting event you intend to bet on will increase your chances of placing successful system bets. So, this is a strategy you need to take seriously.
Wager on Sports you’re Familiar with
Make sure you place bets on sports you’re most knowledgeable with. Only wager on sports you are familiar with. If a bookmaker doesn’t have the sports you intend to bet in, you can explore other bookmakers that offer the chance to wager system bets.
Start with a Little Stake
It’s recommended to start your system bet journey with a little stake and up your stake when you fully understand how it works. You can add part of your bankroll when you start making profits.
Advantages and Disadvantages of System Bets
Wagering on a system bet offers quite many benefits as well as disadvantages. Let’s briefly highlight the advantages and downsides of using a system wager.
Pros
- Low risk is involved when wagering on system bets compared to Accumulator bets.
- It has a decent likelihood of success.
- With just two accurate predictions, you can make a profitable earning.
- Allows bettors to use various betting options.
- You can apply it to various sports.
Cons of System Bets
- System bets can be difficult for newbies.
- A substantial wagering budget is sometimes necessary to earn a profit.
Conclusion
System bets are one of the easiest bets with a high winning percentage that bettors can jump on. It comes in different variations to help bettors make profits. However, this betting type can be challenging if you’re a newbie. Nevertheless, this guide’s betting strategies and examples can help you understand the whole concept.