Archive for February 15th, 2007

Real Madrid offered Man Utds Ronaldo for nowt!

UK and European Football newsA summary of the latest football news headlines from Globet Sports International. 

 

Real Madrid offered Man Utd’s Ronaldo for nowt!
Manchester United star Ronaldo is a summer target for Real, but he so easily could have been snapped up for next-to-nothing by the Spanish giants in 2003. Martins revealed: “I was in Madrid in 2003 to complete my coaching badges. Back then, the coaches at Real Madrid already knew about Cristiano and asked me about signing him from Sporting Lisbon.

“I recommended it. (But) I do not know why they didn’t follow through and sign him.” Luis Martins also revealed Ronaldo has a burning desire to play in Spain. He told Marca: “We keep in contact by means of e-mails, although I have not spoken with him in person since he was preparing for the World Cup in Germany last summer.  “Cristiano has always told me the same thing: that he wants to succeed in Spain, which he considers the best League in the world. And he is not going to stop until he achieves it.”

Middlesbrough linked with Reggina’s Bianchi
Reggina ace Rolando Bianchi, wanted by AC Milan and Spartak Moscow, is being linked with Boro for the summer market. The 24 year-old is enjoying the best season of his career and is inside the final two years of his Reggina deal.

Andrade rep: Chelsea want him
Pedro Duque told AS: “The cycle of Andrade at Deportivo is now finished. This is the opinion of all the parties concerned. In fact, the club has told us such both in a direct and indirect way.

“It’s true Chelsea wants him and I know that Inter also like him. When he was injured a big club came in for him and now that he is fit even more clubs are calling. The priority for Jorge is to stay in Spain because he knows the Liga and it is the best.”

Inter Milan ponder £6M bid for Arsenal’s Eboue
Inter directors Marco Branca and Lele Oriali have been won over by Eboue’s success at the Gunners after first being alerted to the 23 year-old’s potential almost five years ago while with Beveren.

Hapoel Tel Aviv wants Rangers captain Baz banned
After last night’s 2-1 win in Israel it emerged the hosts intend to lodge a formal protest alleging that Ferguson struck Hapoel substitute Tal Chen in the face with an elbow five minutes from the end.

“We are not happy with the incident,” said Levin, “and we will be making a protest to UEFA to ask them to look at the television evidence which shows Ferguson elbowing our player.”  Harry Been, the vastly-experienced Dutch FA official, was the UEFA delegate at last night’s match, and Rangers now face an anxious wait to see if Ferguson will face any recriminations from the European governing body.

Add comment February 15th, 2007

Martingale: Betting secret or a recipe for disaster ?

Betting Systems - Part 1 At BookieLabRat.com we get a lot of questions from punters about Betting Systems.

Please note that our general stance on betting systems is that “Nearly all betting systems are equally worthless“.

So what’s a Betting System?
It’s just a method of betting, usually mathematically based, used by a punter to try for an advantage.

There are lots of betting systems, all involving a staking pattern that ranges from common sense through to ridculously complex or just ultra-high risk. Many systems are almost ‘betting folklore’ rather than sane methods to improve your returns. 

Betting System Basics Part 1: Today’s article is going to cover a couple of related systems: Martingale, Grand Martingale and Anti Martingale or Paroli.

We’ll look at Kelly’s Criteria, Flat Betting, Plateau, Fibonacci, Cancellation or Labouchere Betting and other systems another day.

THE MARTINGALE BETTING SYSTEM
The Martingale system is probably the best known betting system and is fairly simple. It focuses on losing streaks and is usually applied to ‘even money’ bets.

To apply the Martingale system, you double your previous bet each time you lose, and continue to do so until you win. The theory behind this is that when you do eventually win you will have covered all of your previous bets and have made one betting unit as profit.

So… if you start with one bet and win, you start again with one bet. If you lose, however, you double your bet. Each time you lose, you double your last lost bet. The theory goes that eventually you are bound to win. When you win you will recover all your lost bets plus one unit profit against your initial wager.

Although this system sounds good in theory, it can require a large bankroll and have a very low return. It can also be high risk due to the maximum bet limits imposed by the sportsbook or bookie. If you run out of money or reach the bookie’s limit, you can lose a lot with no chance whatsoever to recover your losses.

GRAND MARTINGALE
Obviously a derivative of the Martingale Betting System, the only thing grand about this system in our view is the way in which you’ll lose your money! This system is a more aggressive form of Martingale where you double your last bet and add one more unit.

ANTI-MARTINGALE or PAROLI Betting System
This system is all about winning streaks rather than losing streaks. In the Paroli system you start with one bet and you double-up your bet when you win rather than when you lose.

You need to decide in advance how far you’ll let the bet build before you take it down to the initial starting bet. As a variation some punters rather than doubling the bet, will add half again to the previously winning bet stake, after each win.

The advantage of this system over Martingale is that you don’t need such a large bankroll. It in theory lets the profit run and cuts short the losses. In theory ….

OUR VIEW

All three of these systems are plainly flawed as they suggest increasing stakes simply based on your previous wins and/or losses and pay no attention to the likelihood of winning this time.

If you follow any of these three systems you’ll simply end up staking and risking more than you are comfortable doing … none of them are recommended.

More on other Betting Systems to come soon…

Mike

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