The following is a brief introduction to the world of spread betting and the bets that can be placed. When news broke that Facebook were going to allow users to place bets on Facebook groups, shares and clicks, I got interested. I know of other people who use Facebook and other social networks to make money from spread betting and I wanted to know how this compares to using a system based on favourites or other methods.
In case you don’t know, the vast majority of spread betters using some sort of favourite or system lose the majority of the time. That means that it is the only real way to make money from spread betting, if you are betting on the outcomes of things that others think will happen. When the market goes the wrong way, many of these systems can get wiped out.
There are advantages and disadvantages to spread betting, but the main thing to remember is that it is a gamble. Even if the chances are very high, it can still be very risky business as you never know if you will win or lose.
That is why I tried out a scheme called Nagapoker Betting. With Matched Betting, you do not particularly care who wins or loses, as long as you both match the same bet. If you bet 100 dollars on Team A with a bookie and then bet 100 dollars on Team B with a bookie, you have invested both sets of money in this system. When you win, you get to keep both bets. If you lose, you only lose the money you bet.
By doing this, you have a very good chance of making money especially if the system you choose is very popular. Popularity is a good reason to do Matched Betting. People trust the system because the system has been known to work well for a number of people before. That means that you are likely to be betting on something that others have already done, which means you have a good chance of winning money.
For example, I knew a guy who used to bet on foreign soccer matches. He had a system that would tell him whenever there were any lightning strikes on a certain day, he could bet a certain amount on the match that the lightning would not hit. The system was something like this:
- Bet 1 Dollar on Team A
- Bet 2 Dollars on Team B
- If Team A wins
- Bet 3 Dollars on Team B
- If Team B wins
- Bet 4 Dollars on Team A
- If Team B wins
- Bet 5 Dollars on Team B
- If Team A wins
- Bet 6 Dollars on Team B
- If Team B wins
- Bet 7 Dollars on Team A
- If Team B wins
- If Team 8 Dollars on Team A
- If Team B wins
- If Team 9 Dollars on Team A
- If Team B wins
- If Team 10 Dollars on Team A
- If Team A wins
- If Team B wins
- If Team 11 Dollars on Team A
- If Team B wins
- If Team 12 Dollars on Team A
- If Team B wins
- If Team 13 Dollars on Team A
- If Team 14 Dollars on Team A
- If Team B wins
- If Team 15 Dollars on Team A
- If Team 16 Dollars on Team A
- … and so on
You can see at the end of the list that if Team A wins you will win money, but if Team B wins then you will also win money.
The beauty of this system is that you can get a big payout almost every time, but you have to be a certain member or visitor to join up. The catch is that you have to be very careful and follow the system carefully. I learned a lot about this system through being a member and visiting the website over the years.
If you see any conflicts or problems with the system, email support and they will aim out within a few days. Like I said before, if you use it, you must be prepared to either stop or stop your betting streaks. Stopping a betting streak is pretty hard to do. There is no exact science that will tell you how to turn on your brain to stop gambling, but with practice you can limit yourself to a single match and make sure you haven’t bet more money than you can stand to lose.
If you let the addiction get out of control, you will slowly lose your money and confidence completely. It is hard to believe that I have been gambling for over 10 years and still have not stopped betting on sports. I wish I had someone to tell me how to stop making stupid bets.