General Betting
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03 Jan 10
14:59
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Replies: 49
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only by loan sharks
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yes
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got some spare cash, going traveling in a couple years, just playing around with excel and 0.6% a day from 1k will pay £165k+ in 900days
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sounds great in theory
just 1 loss will send most spinning and chasing. can only lead to another big loss |
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not if you see the bigger picture and only use a max stake of 5%
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why not 0.7%?
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because im not greedy
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that 5% steak can be lost
what next? lower your final target? gamblers just dont work like that good luck if you can be that disciplined |
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i find having multiple banks with multiple targets/challenges will (if successful) will discourage any chasing
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will you b backing or laying to reach your 0.6%
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master of multys 03 Jan 16:44
because im not greedy :D better make it 0.5% then just to be safe ;) |
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ironically i just lowered it to 0.05% but with a bank of 2k and it still pays £140k
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ibrox 03 Jan 16:54
will you b backing or laying to reach your 0.6% doing research on games which look to be unders and greening out mainly |
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why not just ask daddy for 100k?
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why must every thread i post on you resort to chidish slurs you **g wh0ring douche bag
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Even 0.1 is not possible.
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Even if you find some sort of edge that will give you a consistent return, how on earth do you think you are going to get your £100k+ matched towards the end of the 30 month period?
The reality is that if you do have an edge on here, you will find that it is pretty easy to make returns of much more than 1% per day, but on relatively small sums (under £5k), but very difficult to scale these activities up. |
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..... well 5% of 100k is only 5k so i wouldnt need to get 100k matched but i see your point
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33% favs win thats 33% that trade shorter.
70% favs place which usually means trade shorter so why not back to lay fav,get the maths right and you may be on a winner. 0.06% and risking less |
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got some spare cash, going traveling in a couple years, just playing around with excel and 0.6% a day from 1k will pay £165k+ in 900days
If you only use 5% of the bank each time, then you obviously won't get to £165k as you claim. |
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Sorry, ignore that last comment. For some reason I assumed you meant 0.6% / day of stake (not bank).
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you are forgiven..............this time ;)
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master of multys 03 Jan 16:15
got some spare cash, going traveling in a couple years, just playing around with excel and 0.6% a day from 1k will pay £165k+ in 900days I think your math is off there. 1000*1.006^900= 217862.58 My average since June 2006 is 0.3% per active day. |
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investor i took into consideration 5% commission, out of interest what is the size of your bank as of right now?
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master of multys 03 Jan 19:00 investor i took into consideration 5% commission, out of interest what is the size of your bank as of right now? Oh ok. It's only 5% if you win every bet though. And even then you'll be paying 20%+ because of PC! Quite big ;) |
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yeah as you made your 1st post i thought if i got to 'x' amount premium charges will have o be taken into account to sadly
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LOL investor "quite big" haha good answer
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how do u plan on recouping losses?? staking plan?
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master of multys 03 Jan 17:04
why must every thread i post on you resort to chidish slurs you **g wh0ring douche bag :D you used your whole forum bank on that post :0 |
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For me its doable in 3 months
for you its undoable |
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easily doable for first month etc... it is when you have a larger bank and trying to adjust to achieving 0.6% of the larger balance
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in terms of compounding there is a big difference between 0.5% and 0.7% you should check it you'll be amazed
and of course this percentages can be much bigger in the beginning but as they get bigger the market itself will correct your greed or your daily percentage objectives, thats why when amounts at risk pass a certain point people usually turn to stock or currency exchanges, this is the little league compared to those exchanges |
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i dont understand why making 1k from 100k is any more difficult then making £1 from £100.....
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master of multys 04 Jan 15:20
i dont understand why making 1k from 100k is any more difficult then making £1 from £100..... Then I don't think you can have a very carefully thought out betting strategy. The only way you can make consistent profits on here is to find value bets. And, unfortunately, the amount of these that you can find is strictly limited. - I could show you - for just about any in-running football match trading on here - how to use £500 to make, say, a 3% return, because at some point in the game, bets will appear on the exchange that represent good enough value. But to make the same percentage return with, say, £5000 would only be possible on certain high liquidity games. |
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To think that you could make any kind of profit everyday for 900 days running would be somewhat optimistic.
Wishing you the very best of luck! |
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DREAMER
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DaveEdwards 04 Jan 16:04
To think that you could make any kind of profit everyday for 900 day i dont really m8 just saw the rewards from making such a small amount daily could result in a large amount.... |
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PIP99 04 Jan 16:06
DREAMER great contribution, you sound like a degenerate gambler |
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OK mate, I wasn't really taking the p... well maybe a little bit!
It is good to have a goal to work towards. First thing you need to do is find an edge. You'll only do that by doing your homework. Don't be afraid to read book after book after book, test idea after idea after idea. As someone said somewhere or another if you discover something that you think looks good and it turns out to be rubbish, at least you've learned something to drop and concentrate elsewhere. Whatever your area of interest get on Amazon and order books on the subject (or get them at the library, you'd be surprised what they can get for you). See what other people are up to. If you like what you read investigate it. If you don't just discard it. Good luck. |