Online bookmakers offer tons of different sports betting options. One of the most engaging and interesting ones are the system bets. Many players avoid them totally because at first glance they seem extremely complicated. However, that’s not the case at all. Just a little bit of research can help with understanding these types of bets.
With just some basic knowledge about system bets, you will see that they offer a lot of value. Playing this bet type instead of a regular betslip filled with singles can be the difference between winning nothing and winning a lot. Read our review below, to learn exactly how system bets work.
What is a System Bet?
System bets are very popular with “Professional gamblers”. The reason for this is because this bet type allows a player to get a certain return even if some of his betting outcomes are wrong. This happens thanks to the way the bet is built, all the events that you insert in a slip will be played in many different combinations, depending on the number of predictions you intend to play.
There are a number of different types of system, depending on the number of events included on the ticket. These are: Trixie, Yankee, Super Yankee, Heinz, Super Heinz, Goliath, Lucky, Patent and Alphabet. Keep in mind that the actual system bet you will play depends on the number of events you are planning to include in your betslip. For instance, a trixie is a bet where you have three events. Goliath, on the other hand, is a bet where you have 8 events and 247 outcomes.
However, it’s important to note that the bigger the system bet, the bigger the minimum stake has to be. We know it all seems complicated right now but we will explain everything in detail below.
System Bets Compared to Other Bet Types
When you decide to bet on a certain outcome of an event, that’s called a single bet. If you include several events on one betslip, you get two possible ways of betting on them. The first one is known as a multiplier, where the odds from all the events you picked get multiplied and you place a stake on that. If one of the outcomes doesn’t go your way, you lose the whole bet. The system bet, on the other hand, gives you a chance to win some money even if you get one of the events wrong.
However, the stakes you need to put on a system bet are higher and the maximum win will be lower. For instance, lets imagine you want to put a bet on 5 events each with 1.70 odds. The multiplier bet in this example would be around the total odds of 14.00. If we put $26 on this bet, the possible win would be $369. However, even if you get only one outcome wrong, you will lose the bet.
On the other hand, a 5 event system bet has a possible of 26 combinations. Most bookmakers require that the minimum bet on each combination must be at least $1. So, for this example, we are placing $26 just like on the multiplier. The only difference is that the highest possible win would be just $134. That’s much lower than the $369 that can be won above. However, if you get one outcome wrong, you will still win $45 which is much better than zero.
How Does it Work?
It definitelly still seems complicated; however, placing a system bet is very easy once you decide to do it. You can find tons of online calculators, that can tell you exactly how much a certain bet will get you. You just enter the number of events you intend to play and the calculator will tell you how many possible outcomes there are. Then, all you need to do is place your stake. The minimum stake you can place on a system bet will depend on the number of events you include on your betslip.
Nevertheless, you don’t have to put only the minimum stakes. You can calculate under which stakes, the bet can offer you the best value. Then you can calculate how much you will win if one outcome doesn’t go your way. The idea is to make the system bet payout at least the amount you staked, in case you get one outcome wrong. That way, even if you get one wrong, you will at least be at a zero instead of a loss.
System Betting in Football
System bets are utilized the best when they are played under higher odds. For that reason, football is the most logical choice. Football matches are unpredictable and random so no outcome is guaranteed. For that reason, the odds for football games have the highest odds. System bets take advantage of those high odds to at least cover your stakes when you get one outcome wrong.
For example, if you want to place a Yankee bet, which is a system bet with 4 events. There are 11 possible outcomes in such a bet so most likely, the minimum wagering amount will be $11. You need to pick events under such odds that if it happens that you get one outcome wrong, the bet would at least payout the $11 you staked.
System bets can be used in all the sports that are offered at a certain bookmaker. However, sports where over/under bets are preferred are not the best options. The reason is simple, those bets always have odds of around 1.80/1.90 which is not always enough for a system bet. This means that sports like Tennis, Basketball, etc. can be used but they are not the best option.
To try out how system bets work in practice, head over to our Bitcoin Sportsbook.