New Posts For Thread: Your views on this system, please?https://community.betfair.com/general_betting/go/thread/view/94082/28290925/your-views-on-this-system-pleaseHello guys!I just want your insight on something that looks quite attractive to me in terms of betting over the long-term. What are your views on the following?If I start with an initial bet of USD 100 and place ONLY one single bet (mostly live) at tIf somebody has round about a 9-10% chance of losing on a bet, why on earth do they think they'd be able to win 80 in a row?https://community.betfair.com/general_betting/go/thread/view/94082/28290925/your-views-on-this-system-please?post_id=507052163#507052163If somebody has round about a 9-10% chance of losing on a bet, why on earth do they think they'd be able to win 80 in a row?Thu, 22 Sep 2011 09:42:10 -0500Set yourself a much smaller target and only play up half the winnings each time.At least that way when it does fail (which it will) you'll still have something to show for it.https://community.betfair.com/general_betting/go/thread/view/94082/28290925/your-views-on-this-system-please?post_id=507046357#507046357Set yourself a much smaller target and only play up half the winnings each time.At least that way when it does fail (which it will) you'll still have something to show for it.Thu, 22 Sep 2011 06:58:25 -0500Give up with this idea before you even start would be my advice.I guarantee if you were already doing this challenge you would of backed real madrid or barcelona and lost all you're moneyBarcelona have already failed to win 3 times this season when ohttps://community.betfair.com/general_betting/go/thread/view/94082/28290925/your-views-on-this-system-please?post_id=507043717#507043717Give up with this idea before you even start would be my advice.I guarantee if you were already doing this challenge you would of backed real madrid or barcelona and lost all you're moneyBarcelona have already failed to win 3 times this season when oThu, 22 Sep 2011 05:07:04 -0500But what’s the probability of the 1.10 odds not winninghttps://community.betfair.com/general_betting/go/thread/view/94082/28290925/your-views-on-this-system-please?post_id=507043341#507043341But what’s the probability of the 1.10 odds not winningThu, 22 Sep 2011 04:46:43 -0500Thnx, Mr Anderson!https://community.betfair.com/general_betting/go/thread/view/94082/28290925/your-views-on-this-system-please?post_id=507041959#507041959Thnx, Mr Anderson!Thu, 22 Sep 2011 03:39:21 -0500Have a look at the "Over 0.5 Goals Challenge" in the Fottball Betting thread. It is imho impossible to get a 80 days run but why not work with a little bit money management and spread the risk. Another thing could be to match more than 20k on one marhttps://community.betfair.com/general_betting/go/thread/view/94082/28290925/your-views-on-this-system-please?post_id=507041949#507041949Have a look at the "Over 0.5 Goals Challenge" in the Fottball Betting thread. It is imho impossible to get a 80 days run but why not work with a little bit money management and spread the risk. Another thing could be to match more than 20k on one marThu, 22 Sep 2011 03:38:45 -0500Backing at 1.1 is only a good idea if the probability of winning the bet is greater than 91.075-91.324% depending on your commission level. Discipline is all good and well, but the real key besides luck is being able to judge when the probability ishttps://community.betfair.com/general_betting/go/thread/view/94082/28290925/your-views-on-this-system-please?post_id=507041497#507041497Backing at 1.1 is only a good idea if the probability of winning the bet is greater than 91.075-91.324% depending on your commission level. Discipline is all good and well, but the real key besides luck is being able to judge when the probability isThu, 22 Sep 2011 03:12:31 -0500Got my percentages wrong, hold on...https://community.betfair.com/general_betting/go/thread/view/94082/28290925/your-views-on-this-system-please?post_id=507041273#507041273Got my percentages wrong, hold on...Thu, 22 Sep 2011 02:59:45 -0500You're forgetting about commission. It takes more than 80 bets to reach 200k.You're probably forgetting about the premium charge too. If you have played on enough markets over the years it will probably come into effect before you have reached your thttps://community.betfair.com/general_betting/go/thread/view/94082/28290925/your-views-on-this-system-please?post_id=507041179#507041179You're forgetting about commission. It takes more than 80 bets to reach 200k.You're probably forgetting about the premium charge too. If you have played on enough markets over the years it will probably come into effect before you have reached your tThu, 22 Sep 2011 02:53:07 -0500Yes, far-fetched is an understatement.https://community.betfair.com/general_betting/go/thread/view/94082/28290925/your-views-on-this-system-please?post_id=507041131#507041131Yes, far-fetched is an understatement.Thu, 22 Sep 2011 02:49:20 -0500