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dimebar8
03 Mar 12 20:06
Joined:
Date Joined: 26 Oct 10
| Topic/replies: 8,797 | Blogger: dimebar8's blog
After seeing plenty of threads popping up along the lines of "£50 to riches" I started a little side project a few days ago with a £50 start bank to see how far and how successful it can be over a month period, just to start anyway, I believe it's sustainable.

90% of bets are in-play but carefully thought about, a couple are "all in" but the majority are only around 20% to 50% of bank (so it's not an "all in every time - £50 to £50k" attempt)

I'm looking for a sustainable but fairly profitable way for new comers or strugglers with low banks to actually grow them sensibly and also just want 1 place to keep a nice record and history of my results from the £50 start bank.

I will start posting my bets as I make them soon but for now will just post my daily results from the P/L history pages.

I did try to make it as a blog but you cannot add replies to a blog just a new blog topic each time (maybe i haven't looked correctly) so I'm doing it this way instead,
It's more kind of my own personal journal for now, I don't mind if people doing something similar adding replies etc but keep it nice, simple and short without spamming too much Tongue Out

I'm up to Day 9 so far...
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Report dimebar8 March 10, 2012 3:07 AM GMT
yeah basically if morelia equalise within 60 mins we will get a free bet on them to go on to win although i'm happy to leave it in as it's only £2 for £5.50 return
Report dimebar8 March 10, 2012 3:12 AM GMT
Deceive... not knocking your bet either as backing a team ahead @ over 2 always has some value to it just don't wanna do it on this match.

for me was either lay toluca for a higher stake or back morelia for a lower stake
Report Deceive March 10, 2012 3:15 AM GMT
yeah, kinda regret it now, they look shakey ahha.
Report dimebar8 March 10, 2012 3:20 AM GMT
you can see why i didn't want to back them but while morelia don't find the net it's good for you. Rojas is bit of an animal though lol
Report Deceive March 10, 2012 3:22 AM GMT
Yeah I know, got the chance to cash out but I don't know aha, might give it a bit more time.
Report aixau March 10, 2012 3:23 AM GMT
cleveland won in okc by 6 points, nba is f*cking unpredictable
Report aixau March 10, 2012 3:26 AM GMT
60' and no morelia goal
Report Deceive March 10, 2012 3:27 AM GMT
yeah I know..
Report dimebar8 March 10, 2012 3:31 AM GMT
aixau... will only lose less than 1% of bank if morelia don't win. no problemo senor.
Report aixau March 10, 2012 3:33 AM GMT
but so will i, that's what concerns me, ahah
Report aixau March 10, 2012 3:37 AM GMT
i'm off to bed. you should do it too dimebar, a lot of football tomorrow ;) night
Report dimebar8 March 10, 2012 3:40 AM GMT
yeah will do soon... night. morelia hit post twice this half little buggers
Report Deceive March 10, 2012 3:48 AM GMT
backed u/3.5 @1.9, hopefully that comes in.
Report dimebar8 March 10, 2012 3:52 AM GMT
you keep your toluca bet on too?
Report Deceive March 10, 2012 3:53 AM GMT
yeah.
Report Deceive March 10, 2012 4:02 AM GMT
thank **** that's over.
Report dimebar8 March 10, 2012 4:02 AM GMT
£10 under 2.5 @ 1.23 cf america game 93 mins
Report dimebar8 March 10, 2012 4:03 AM GMT
just to recover the £2 on morelia lol then bed
Report Deceive March 10, 2012 4:03 AM GMT
i put £5 on haha.
Report dimebar8 March 10, 2012 4:04 AM GMT
well done deceive on the toluca and unders nice double whammy
Report Deceive March 10, 2012 4:04 AM GMT
yeah makes a change, usually I always lose haha. I'm so unlucky.
Report Deceive March 10, 2012 4:06 AM GMT
+7 extra time, wth.
Report Deceive March 10, 2012 4:07 AM GMT
nice little £2 for nothing there though.
Report dimebar8 March 10, 2012 4:07 AM GMT
finished...

by the way deceive if you want streams just save these sites:

--
firstrowsports.eu
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vipbox.tv
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fromsport.com
--
Report Deceive March 10, 2012 4:07 AM GMT
okay, nice one, i've favourite them in a sec!
Report Deceive March 10, 2012 4:11 AM GMT
night anyways, i'm off.
Report dimebar8 March 10, 2012 4:12 AM GMT
Day 16 so far:
Football / Racing v Nacional (Uru) : Match Odds     09-Mar-12 22:15     10-Mar-12 00:12    2.28
Football / Libertad v Olimpia : Match Odds     09-Mar-12 23:00     10-Mar-12 00:53    2.08
Football / Estudiantes v Lanus : Match Odds     10-Mar-12 00:30     10-Mar-12 02:20    5.03
Football / M Morelia v Toluca : Match Odds     10-Mar-12 02:10     10-Mar-12 04:02    -2.00
Football / Tijuana v CF America : Over/Under 2.5 goals     10-Mar-12 02:10     10-Mar-12 04:06    2.19

will attempt to sleep now to actually be awake for the games i want to be involved in for once this week lol night
Report dimebar8 March 10, 2012 5:27 AM GMT
£5 Kobe @ 1.95 (1-0 20 mins)
Report dimebar8 March 10, 2012 7:56 AM GMT
£4.62 @ 1.32 melbourne heart (1-0 63 mins)
Report dimebar8 March 10, 2012 9:46 AM GMT
£20 sydney fc @ 1.37 (1-0 ht)
Report dimebar8 March 10, 2012 11:09 AM GMT
seeing as my next bet won't be for a while... thought i'd just give an update of the progress overall from day 1.

Here are the daily end banks from day 1 to day 15.

Day 1 £53.09
Day 2 £58.76
Day 3 £74.28
Day 4 £86.05
Day 5 £103.86
Day 6 £114.68
Day 7 £159.29
Day 8 £182.18
Day 9 £222.89
Day 10 £271.88
Day 11 £284.15
Day 12 £300
Day 13 £300.57
Day 14 £252.10
Day 15 £292.61

Day 16 bank currently at £309.23 hoping to finish the day around the £340 mark
Report dimebar8 March 10, 2012 11:34 AM GMT
£7.04 @ 1.21 FC Tokyo (1-0 73 mins)
Report mrmooney March 10, 2012 12:11 PM GMT
i need some advice i am trying to do what you are doing but i cant keep building i get up to about £25 up and then have some losing bets and back to square 1, loadsa equalisers in last 5 mins is it just bad luck or poor judgement on my side?
Report mrmooney March 10, 2012 12:20 PM GMT
i have been waiting untill the roughly 60 minutes then backing that there wont be two more goals  mainly
Report dimebar8 March 10, 2012 12:25 PM GMT
what you just blindly bet on any given game? do you not even watch them to get a feel and read of the match? seems like you're just gambling on a probability of there being less than 3 goals but the odds will be very low after 60 minutes, 3 goals aren't that rare in the last 30 minutes of games. you know the odds you are taking are so low that the amount of times 3 goals are scored will always outweigh your profit on the wins when they aren't.
Report dimebar8 March 10, 2012 12:26 PM GMT
small multiple for later:

4 Selections Chosen
1    B Munich v Hoffenheim (Backing  B Munich @ 1.28)
2    Mgladbach v Freiburg (Backing  Mgladbach @ 1.51)
3    Huddersfield v Rochdale (Backing  Huddersfield @ 1.55)
4    Augsburg v Dortmund (Backing  Dortmund @ 1.41)

4-Folds
    Selections    Odds*    Stake    Potential win
    1,2,3 and 4    4.27    £2.00    £6.54
Report mrmooney March 10, 2012 12:29 PM GMT
what wouild you suggest i change to the way i am betting?
Report aixau March 10, 2012 12:31 PM GMT
look at stats, try to know the teams you are betting on, probably will help
Report dimebar8 March 10, 2012 12:47 PM GMT
afternoon aixau Tongue Out

Bolton QPR coming up in a minute...

mrmooney i have no idea of the bets you've placed game wise etc but i suggest if you want to build it up from a small amount just try find some games where the good big teams are playing sh1t teams and just have a pre-match gamble.
Stick some money on Bayern Munich @ 2:30 there's a suggestion Devil it'll most likely backfire now but i'm going with them anyway
Report dimebar8 March 10, 2012 1:06 PM GMT
would like to bet on shakhtar but 1-0 and 1.06... would have to risk 33% just for £6
Report aixau March 10, 2012 1:09 PM GMT
gonna start watching bolton now. do you think qpr are gonna win? have seen a lot of opinions in they're favour
Report aixau March 10, 2012 1:22 PM GMT
1-0 bolton
Report dimebar8 March 10, 2012 1:28 PM GMT
no i went for Bolton, it's in the qpr bolton thread early on :P greened my personal bet but seeing as i think they'll win:

£6.21 @ 1.52 (1-0 41 mins)
Report dimebar8 March 10, 2012 1:30 PM GMT
it is a risky bet but just think Bolton will pull it off today
Report aixau March 10, 2012 1:30 PM GMT
they need it and from what i'm seeing they are trying hard
Report dimebar8 March 10, 2012 1:31 PM GMT
i like Hearts too it's 1-1 HT will wait n hope they score not too late then back if they do
Report dimebar8 March 10, 2012 1:35 PM GMT
and i wish shakhtar weren't 1.06 didn't even see they were playing then see the goal pop up on my score feed... it's pretty much 99.9% certain they'll win but i'm not wanting to go big on anything at the mo
Report dimebar8 March 10, 2012 1:37 PM GMT
and there's the hearts goal
Report dimebar8 March 10, 2012 1:39 PM GMT
£30 hearts @ 1.26 (2-1 50 mins)
Report dimebar8 March 10, 2012 1:52 PM GMT
1-1 bolton. loss is covered with hearts for a small + over the 2 though
Report dimebar8 March 10, 2012 2:13 PM GMT
lol 2-2 hearts
Report aixau March 10, 2012 2:15 PM GMT
jesus, seriously, i had almost 50% of my bank there
Report dimebar8 March 10, 2012 2:32 PM GMT
bolton 2-1

why'd you risk 50% i only put 10% and that was out of this bank, no likey Sad

going to take a risk on bayern...

£120 @ 1.35 (waiting to be matched after a few minutes)
Report aixau March 10, 2012 2:32 PM GMT
and bolton 2-1 now, i should be having a laugh
Report aixau March 10, 2012 2:33 PM GMT
at first i went slow but then it was close to the end and the price was still good so i went bigger and then.. goal
Report dimebar8 March 10, 2012 2:37 PM GMT
bastids wasn't matched and 1-0 lol
Report aixau March 10, 2012 2:38 PM GMT
they came out really stong
Report aixau March 10, 2012 2:43 PM GMT
penalty, probably 2-0
Report aixau March 10, 2012 2:43 PM GMT
there you go
Report dimebar8 March 10, 2012 2:48 PM GMT
£79.28 Leverkusen (1-0 17 mins)
Report aixau March 10, 2012 2:49 PM GMT
how much is that on %?
Report dimebar8 March 10, 2012 2:51 PM GMT
39.6%

it adds a £10 profit onto the hearts loss, it's not advised as it's a chase really but i'm happy with it
Report dimebar8 March 10, 2012 2:53 PM GMT
really wanted the bayern game... should have just took starting price... 3-0 grr

do have the multiple going aswell
Report aixau March 10, 2012 2:55 PM GMT
i took the bayern game @ 1.43
Report dimebar8 March 10, 2012 2:55 PM GMT
also leverkusen got their bottoms handed to them by barca the other day but they are chasing a place in europe so will want the win
Report aixau March 10, 2012 2:58 PM GMT
what do you think about west ham and southampton? any of them gonna fail today? sound like easy matches, but since it's the championship..
Report dimebar8 March 10, 2012 2:59 PM GMT
west ham buggered it up last time so blacklisted for me lol
Report aixau March 10, 2012 3:00 PM GMT
aren't doncaster like 23rd or something in the championship?
Report dimebar8 March 10, 2012 3:02 PM GMT
yeah it's just west ham's recent performances are a little ropey, they will prob win comfortably though i'm just focusing on this 1 for now
Report dimebar8 March 10, 2012 3:03 PM GMT
1-1... poorest goal ever too lol
Report aixau March 10, 2012 3:04 PM GMT
i saw it
Report aixau March 10, 2012 3:05 PM GMT
bayern 4-0 in 30', on fire
Report aixau March 10, 2012 3:07 PM GMT
5, it's gonna be one of those games for hoffenheim
Report dimebar8 March 10, 2012 3:08 PM GMT
yeah i'd been waiting up all morning n day for the bayern game... if they could have held on for like 5 more minutes then started scoring it would have been nice
Report dimebar8 March 10, 2012 3:09 PM GMT
i have a couple personal doubles and a triple with them in though but i wanted the single on that game for this
Report aixau March 10, 2012 3:11 PM GMT
west ham 1-0, think i'm in on them
Report aixau March 10, 2012 3:15 PM GMT
wolfsburg 2-1, sorry mate :/
Report dimebar8 March 10, 2012 3:20 PM GMT
lol was cruising then you come on n jinx everything Devil

put the £200 on wet spam @ 1.16 and will just hope leverkusen sort it out 2nd half.

i blame bayern for being too eager... those few minutes were crucial. we'll see what things are looking like in 1 hour will either be up alot or down abit or down alot.
Report aixau March 10, 2012 3:21 PM GMT
the whole 200 on west ham?
Report aixau March 10, 2012 3:58 PM GMT
dimebar, any thoughts on 1.23 dnb on huddersfield? 1-1 HT
Report aixau March 10, 2012 4:36 PM GMT
1-1 doncaster :| im gonna give this up
Report mrmooney March 10, 2012 4:46 PM GMT
done west ham and huddersfield cant believe my luck!
Report meadway March 10, 2012 5:29 PM GMT
dimebar you done your bank on west ham? Sad
Report dimebar8 March 11, 2012 3:45 AM GMT
Not my own bank but this projects bank yeah... basically i had my heart set on the bayern game with my price @ 1.35 and that was the only game i was going on until the evening.
I wanted my bet to be matched, watch the game until i was happy to leave it, then come off and get some sleep. I set my bet to be matched @ 1.35, they scored the 1st goal @ 1.32 or 1.33 very early in the game so i missed it.

I then went against everything i've learnt over the years and done exactly what you're not supposed to do. I threw discipline out the window n went and risked on 2 games i wouldn't have even bothered giving a look at all because i missed my 1st choice selection. 

There was a few factors to why... I'd been up all night so i was very tired and un-focused, i was too set in my mind on hitting the profit target from the bayern game before i come off that i just looked for a quick bet which was the worst possible thing to do. 
I even said i'd blacklisted west ham because of them being so ropey lately but i still went and put the whole remains on them because they scored a goal so early I then come off and went to sleep without even watching or monitoring the game expecting to wake up to see 2-0 3-0 or just any west ham win result.

All i'm saying here is this way of betting and type of bets isn't the reason it failed it was just 2 poor bets, selections and stakes by me.
It is a good way to build up a bank and if i'd just taken bayern munich at start price or got matched at my price i set by bayern holding out literally another 2 or 3 minutes before they scored the first goal everything would be in order and the bank would be at it's highest level.
I should have come off n went to bed after i missed out on the bayern game but I didn't and then stupidly tied up the whole of the remaining bank on 2 very bad choices.

In a way though, all that aside... i'm quite relieved it's over because it was starting to consume so much of my time and thoughts just constantly monitoring all the games looking for opportunities and having to keep posting this thread all day every day... it's like a burden's been lifted as I was doing and monitoring my own personal bets alongside this pretty much constantly.
And apart from the last 2 bets of the thread it shows how if you don't do the stupid, you can actually build a bank fairly nicely from a small start and also shows what happens when you do the stupid. It also beautifully illustrates that discipline is one of, if not, the most important factor in betting for long term profit and stability.

Sorry to the followers for disappointing you all... thread deceased.
Report meadway March 11, 2012 2:31 PM GMT
dimebar it was a good thread and you definitely showed how easy it is to build a bank with discipline. overall it was a good thread mate.
Report aixau March 11, 2012 2:53 PM GMT
best of lucks ;)
Report DirkDiggler March 11, 2012 2:59 PM GMT
gOOD THREAD AND EVERYONE HAS BEEN DOWN THE 'LOST DISCIPLINE ROAD' before.

Try again and learn for the exprience, you just can't win every day and you're going to miss selections - and take some days OFF FROM GAMBLING EVERY NOW AND THEN, just say ok Friday, i'm not even loading up Betfair. i'm going down the pub/playing tennis/go for a walk/take the little woman out etc
Report nearlygotup March 11, 2012 3:17 PM GMT
dimebar8 ive enjoyed followingv your thread generally your placement has been good  dirkdigger has sumed it up v well hope you are sucessful with this oneWink
Report loadedgimp March 12, 2012 7:44 PM GMT
Dam dimebar, sorry to hear you went bust mate.  You did really well on here.  Was just looking for this thread to post up my St Gallen back at 1.15 when 0-1 (now 0-2).  Massive shame as this thread was truly golden but it has to happen eventually.
I found the main problem backing teams 1-0 up is you have it in your mind and don't pay attention to the game (the United game against Bilbao was a good example - Bilbao destroying United but they went 1-0 up and I still backed United) and I realised it was a bad bet afterwards and took the weekend off.
Good effort though dime - being at 6 times your starting stake is no easy feat.  I would be tempted to continue this thread but it's a lot of time and effort to post all your bets up so I will continue to do so casually - only the solid picks will go on here.
Good luck all.
Report last-one-let-me-down March 12, 2012 9:04 PM GMT
Dimebar have just looged on to the forum looking for tonights opinions and am sad to see what happened.We have all been there. I liked this thread as there was a lack of ego combined with good solid reasoning as to why chose your bets. I guess we have the usual (1 goal challenge 0-10k)threads to look forward to now.Great!
Report dimebar8 March 12, 2012 9:11 PM GMT
guys calm down i'm not bust... just busted the little bank i put in for this thread so can't continue it as it went to zero Tongue Out the thread is alot of effort though. Was thinking of just doing another easy 1, £600 per month by winning just £20 per day in around 2 to 4 bets, less hassle n less time needed.
Report last-one-let-me-down March 12, 2012 9:19 PM GMT
i have cancelled the dimebar funraising concert.
Report dimebar8 March 12, 2012 9:21 PM GMT
lol i will start a new one sometime tomorrow, will start nice n low again... just aim for a few simple £5 profit bets per day to start get to £600 and work it up instead of taking on so many per day, go for quality not quantity Devil
Report dimebar8 March 12, 2012 9:32 PM GMT
and thanks for the nice words guys Love it's good to see a positive crowd instead of all the ego-driven bullcrap as you know this isn't about being a good tipster or status or any of that bullcrap.
It's purely about making some money and growing a balance... get those extra funds to pay bills, have a bit more in your pocket, after a couple months even have enough to treat yourself to a nice deserved holiday. Definately won't be stupid on the next one and we shall prevail, this is SPARTAAAAAAAA Laugh sorry felt like i had to finish with something inspiring Cool
Report jwcw March 12, 2012 9:37 PM GMT
Was a good thread mate showed lots of people how a little discipline can build a nice profit.
Report I.quit.my.country March 12, 2012 11:17 PM GMT
To the op : what edge dó you have?

It just shows how you Can build a small bank gambling. Then you start to Think, wow i have an edge.

Then bang! And you get Found out.

Hope This helps more than the other posters.
Report dimebar8 March 13, 2012 12:45 AM GMT
Firstly it's not a sudden "wow, i have an edge" and there was no "bang! i've been found out" i've been gambling years and done all the "systems" you can think of... this wasn't something i needed to do for me i went past the building of the bank stage a long time ago after failing plenty of times over the years i'm just showing how you can get up from a small start. 
And the only reason it didn't carry on was because i went against what i was doing for the previous 16 days and went all in on something i even considered a bad bet and that's it, my fault, if it were my own bank and thats all i had i wouldn't have placed the all in bet but because the £50 investment i started this with was only 1.11% of my bank and it was taking over my routine n interfering with my concentration for my own bets i just went for it without caring too much if the all in come in or not, it's not an ego or pride thing for me. 
I could have easily carried on if i really wanted it to carry on, i'm not being egotistical there either and no it wasn't more helpful really because i've been down all the roads before but you just clearly stated in your comment what the whole point of the thread was and what it did... show how to build the bank.  And the "edge" these type of bets have over other bets is that almost all the bets are in a winning position with the favourable team/outcome possibility of success high in our favour.

Your post would be helpful to someone new to all this, don't mean to sound condescending at all either but seems you made a few assumptions with your reply as if I'd just found some new thing i've been making regular profits doing these, alongside other bets, for a fair while.
Report Shazza93 March 13, 2012 7:25 AM GMT
Sad
Report scara_manga March 13, 2012 9:01 AM GMT
Firstly , bad luck

Secondly Can I recommend 2 things in your next bank build thread?

1- you never full bank it
2 -at certain times you withdraw some profit .

This teaches your followers 2 important rules that they need to be successful.

Even If everyone had withdrawn £50 during this before it went bust your followers would actually have has some money from it whatever happens.

Anyway just trying to be helpful and good luck with your next one .
Report Jinkie March 13, 2012 9:09 AM GMT
Excellent thread.

The way it ended is probably the most important lesson it can teach people.
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