I have seen many web reviews of the sports betting system “Sports Betting Champ”, available at. The system claims a very impressive 97% strike rate on baseball and basketball, and he has his statistics from the previous four years to show that. After purchasing the system, you also get sent the picks via email so that, while you know how to derive the picks, you don’t actually have to do the legwork yourself.
I went ahead and spent the $197 for this system to check it out. The system is based on betting on a team winning at leas one game of a three game series, but there are very specific factors for a series to qualify. The betting is a progression-based system, where if you lose the first bet of the series, your next bet is designed to win all your previous money back, plus your original profit.
The problem with this type of betting is that your profits can easily be wiped out by one loss (in this case a series sweep), which will happen about 3% of the time (i.e., the team you are betting on will lose the series to a sweep)
I have been using this system since June 27. My actual results during this period have actually results in a small loss, but I have come to realize that it is due to my betting method, which I have since adjusted. Also, since I have been using the system, there has been one “loss”, though there has been a total of three for the entire season (i.e., the team being bet on was swept)
Since June 27, there have been 15 qualifying bets bets, one of which is currently in progress. Of the 14 “completed” ones (which include the three “loses”) I have bet a total $371.71, resulting (thus far) in a loss of $14.84. The current betting series on on the third game of the series, so if I win, I will only be down $4.84.
Now, I had mentioned earlier that this had to do with my betting strategy. What I originally started out doing was betting a maximum amount of $10 as my first bet, and accepting whatever the return is from the odds given. I have since back tested my results, but aiming for a $10 profit and making the bet amount be determined by the odds offered. From those 14 “complete” bets, and even taking into account the three “losses”, I would have bet a total of $342.67 resulting in a profit of $28.18. So that is how I have been betting since I figured that out.
All in all, I would class this betting system as “neutral”, since it does appear to be profitable but has the potential to wipe out massive profits with one “loss”. I will keep everyone updated on the progress with this system.
Please feel free to share any thoughts you may have, or your own experiences with it.