Sports Betting Champ - How Does it Work?

I've been using the Sports Betting Champ systemExample: [A] bet win
since May 2009. In the last 4 months I have built up anUsing a real bet that was sent to me early in the
impressive 37-0 winning streak. That's right 37season we will see how to place the bet. Following a
consecutive series bet wins! In total this has allowedpick via email, on the 29/05/09 a bet was placed upon
me to accumulate over 8,000 GBP (approx $13,000)Toronto to beat Boston. We have already decided
tax free profit...from doing no work whatsoever. Thethat we want to win $50 upon this bet. The best odds
picks are sent to you via email and you simply placeI could get for this bet was 1.85. To work out the
the bet. What could be easier?required stake, we apply the following calculation:
Whilst I can't tell you the exact details of the system,- desired profit/odds -1 = required stake
due to confidentiality upon sign up, I can tell you the- In this case it would work out as follows:
basics of how it works.- $50 (desired profit) /(odds -1) 0.86 = (required stake)
First you need to understand that the system works$58.13
primarily within the NBA and MLB. There is also scopeTo make life a little easier, let's say $60 is the required
to use the system within the NFL but with muchstake. So we put $60 upon Toronto to beat Boston at
greater risk and less impressive results. It would be myodds of 1.86. Toronto do the business, beating Boston
advice to refrain from using the system within the NFL.6-3!! We win!!
Essentially, Sports Betting Champ works upon a series- So $60 @ 1.86 = $111.60
bet system and involves what is known asOur total return from a stake of $50 would be $111.60.
progressive betting. Understand that progressiveTo determine our profit, we need to subtract our stake
betting involves chasing any lost money and as suchfrom our return.
stakes can become quite high.- Return - stake = profit
You decide how much you want to win upon a series- $111.60 - $60.00 = $51.50
bet. Let's say for arguments sake you want to win- Our profit is $51.50
$50 on each series bet. You receive your pick fromWe call this the [A] bet because it was won on our
John Morrison via email and it will detail which team tofirst attempt.
place your money on. Depending upon whether theBut what happens if the [A] bet loses? Well in this
team is the favourite to win will determine whethercase we need to place a [B] bet that will still earn our
your money is placed upon the MoneyLine (to win) ororiginal desired profit, but will also recoup the lost stake
upon a handicap (normally +1.5 runs).placed at the [A] bet stage.
Take a look at the example below