What is a point based betting system?Betting, simplified
A points system is a common occurrence in betting where YOU decide how much a point is. Tipsters will often tell you how many points they think you should bet – such as a 2 point win. The beauty of this is that you decide what value each point has when you begin. A lot of people start with a 100 point base so if you had started with, as an example, £100, you would simply divide this by 100 to get the value of your point – £1.00.
How much would my bets cost?
A brief explanation is laid out in the table below. The purpose is to show how much, in total, your outlay would be if you were using £10 stakes, for example, on a bet.
|Stake||£5 points||£10 points||£20 points|
|0.5 points each way||£5.00||£10.00||£20.00|
|1 point each way||£10.00||£20.00||£40.00|
|2 points each way||£20.00||£40.00||£80.00|
It is imperative that you decide how many points you will use before you start betting if you decide to use a points system. By changing your point value half way through the month will hugely distort your profit/loss as you could win, say, 10 bets whilst using £0.50 points. If you then lose 10 bets with £2.50 points you will ultimately not be in profit for that month.
We would recommend that nce your betting bank increases by 50% of the starting points, you increase your point value by 50%.
Once your 100 point bank becomes 150 points, you increase your point value by 50%, so £5 becomes £7.50, £10 becomes £15 and so on.
Depending on the tipster that you follow (if any) examples of bets that you may see are outlined below:
KAUTO STAR – GOLD CUP 6/1 – 1 POINT WIN
If you were using £10 per point you would place £10 win.
£20 per point £20 win.
£50 per point £50 win.
KAUTO STAR – GOLD CUP 6/1 – 0.5 POINTS E/W
If were using £10 per point you would need to place a £5 E/W bet.
£20 per point a £10 E/W bet.
£50 per point a £25 E/W bet.
KAUTO STAR – GOLD CUP 6/1 – 1 POINT E/W
If were using £10 per point you would need to place a £10 E/W bet.
£20 per point a £20 E/W bet.
£50 per point a £50 E/W bet.