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Real Deal
02 Mar 10 10:46
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Date Joined: 24 Aug 08
| Topic/replies: 1,572 | Blogger: Real Deal's blog
I'm starting another Thread with a new idea.I have had several attempts at different ways of building up a bank & failed.This doesn't really hurt me to much as I am not losing a great deal & I am learning quite alot along the way.
I am convinced that it is easily possible given that you must be 100% disciplined in the excecution of it.That unfortunately is the big if & where 99% of us all fall foul.
I'll give you a scenario.I work self employed doing Taxi Work.I work through another company & I have 2 cars with them.If I go out & do some normal cabbying I just turn the data-head on & I get jobs etc.This is great in theory as you can come & go as you please.It's great because you can pick the busy times & log off when the footballs on or when ever you like.The other side is that I do Airports with my other car.This is a phone call at 6pm & get my jobs for the next day.In this situation I basically get my orders etc.
It doesn't matter how many Airports they give me,I havn't turned 1 down for years,Sometimes I can have 3 or 4 in 1 day,absolutely no problem,I can graft away forever.Now the other car,which is 9 months old has now become my Girlfriends runnaround because in the time I have had it,it hasn't done a single one normal Taxi job,not one.I'm paying treble insurance for private hire & although it does do Airports which cover it's costs etc.
My point in all of this is that I can take the Airports in my stride because I have too,the normal taxi work I can do or not do.The choice is mine.
The problem I have been having with this Challenge is that I havn't been setting out a really strict & conclusive set of rules.Any rules that I have set have been followed,but there hasn't been a proper set to follow.For example I have been making the odds bigger at the start just to get the bank up as quick as possible.Well that dooms me straight away.I have just done these figures for example & obviously there abit pie in the sky.It does show that with patience the big figures can be achieved relatively quickly.

Bet1/£20@ev=£40.Bank £10.Bet Bank£30.Res£10
Bet2/£30@ev=£60,Bank £15,Bet Bank£45,Res£25
Bet3/£45@ev=£90,Bank £22,Bet Bank£68.Res£47
Bet4/£68@EV=£136,Bank £34,Bet Bank£102,Res£81
Bet5/£102@ev=£204,Bank £50,Bet Bank£154,Res£131
Bet6/£154@ev=£308,Bank £76,Bet Bank£232,Res£207
Bet7£232@ev=£464,Bank £116,Bet Bank£348,Res£323
Bet8/£348@ev=£696,Bank £174,Bet Bank£522,Res£497
Bet9/£522@ev=£1044.Bank £260,Bet Bank£784,Res£757
Bet10/£784@ev=£1568,Bank £392,Bet Bank£1176,Res£1149
Bet11/£1176@ev=£2352,Bank £588,Bet Bank£1764,Res£1737
Bet12/£1764@ev=£3528,Bank £882,Bet Bank£2646,Res£2619
Bet13/£2646@ev=£5292,Bank £1324,Bet Bank£3968,Res£3943
Bet14/£3968@ev=£7936,Bank£1984,Bet Bank£5952,Res£5927.

I'll post this before my computer crashes & I'll get back on with the rest soon.

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Replies: 14
By:
Real Deal
When: 02 Mar 10 11:04
I'm going to sort this out today,one way or another.In the mean time I've just placed this bet with 365 to possibly get me up & running.
This was put on without the rules in place but if it fails then I'll just start again under orders.

Selections Time of bet: 02/03/2010 11:58:35
Event Date Event Selections Odds E/W Terms Result
1 02/03/2010 Turkey U21 v Slovakia U21
(Alternative Match Goals) Over 1.5 1.22 None To Run
2 02/03/2010 Genclerbirligi Youth v Orduspor Youth
(Alternative Match Goals) Over 0.5 1.083 None To Run
3 02/03/2010 Gaziantepspor Youth v Sivasspor Youth
(Alternative Match Goals) Over 2.5 1.083 None To Run
4 02/03/2010 Ankaraspor Youth v Hacettepe Youth
(Alternative Match Goals) Over 0.5 1.083 None To Run
5 02/03/2010 Konyaspor Youth v Kayserispor Youth
(Alternative Match Goals) Over 1.5 1.25 None To Run
6 02/03/2010 Caykur Rizespor Youth v Trabzonspor Youth
(Alternative Match Goals) Over 0.5 1.12 None To Run
Multiples
Bet Type No of Bets Unit Stake Stake To Win Returns
6 Folds 1 20.00 20.00 23.70

You never know I might have a winner while I'm setting my STRICT rules.
By:
Real Deal
When: 02 Mar 10 11:37
1/Start Bank=£20-00.
2/Bet All Betting Bank.
3/Then Reserve 50% of profit in Reserve Bank.
4/The selections must be within 20% of evens(I.E. 1.8-2.2)
5/The bet can be a single, multi,win or lay.
6/When a losing bet occurs,Take the losing stake amount from reserve bank & carry on the same.
7/If you lose the whole Reserve,then go back to the beginning & start again.
8/Any extra returns from slightly over the odds,to be put in the reserve bank.

Any new idea's for extra rules can be added whenever.

This is not a get rich & become a Pro punter challenge,it's just a new type of having a bet for me.Which hopefully will teach me a little more self discipline.Just a lttle is my goal.I'd settle for that.I'm a gambler,not a mathematition or serious form reader.
Anyone who want's to join in or comment are welcome.But as I said this is just for fun & not to be taken to seriously.Please remember Betfair isn't just about pro gamblers earning a crust,it's also for normal folk like myself having some fun punting etc.
By:
Northbouy
When: 02 Mar 10 11:46
wot about commission?
By:
dlarssonf
When: 02 Mar 10 11:57
the bit I don't understand is you say its just for fun yet have all this rules. Surely if you are betting for "fun" you would not be worried about reserve banks, price range etc?
By:
Real Deal
When: 02 Mar 10 11:58
Well said m8.That will be deducted after every bet where applicable etc.
By:
Real Deal
When: 02 Mar 10 12:01
I've been betting for 30 years & this approach is new to me & on that basis I find it great fun.You'll most probably see by my betting patterns that I aren't to serious about this.also 99% certain to fail.
You can pick up a few idea's on here & recording stuff also helps.
By:
dlarssonf
When: 02 Mar 10 12:03
fair enough mate and good luck
By:
Real Deal
When: 02 Mar 10 14:16
That one earlier had 1 loser,so here is officially the first.

Bet1/

BET RECEIPT
Bet Ref: SG21359656I
Selections

1 Brazil @ 1.44

2 Germany U21 @ 1.20

3 Northern Ireland U21 @ 1.20


Multiple Bets


1 x 20.00 Trebles
Stake: 20.00
Potential Winnings: 21.60


Total Stake: 20.00
By:
hammer83
When: 02 Mar 10 15:09
Gl real deal
By:
Real Deal
When: 02 Mar 10 15:11
Thanks Hammer.
By:
the morrow is yesterday's toda
When: 02 Mar 10 15:25
GL MATE.

not sure brazil are value at that price.
By:
Real Deal
When: 05 Mar 10 21:57
I lost 4 big bets for over £500-00,Layed Man City as Chelsea had nearly 2 seasons unbeaten at Stamford,Picked 8 short prices on Sunday,couldn't get logged on,so I went to ladbrokes,one team was 1.1 in shop when 1.2 on-line so I swapped it for Juventus which promptly killed my £100-00 acca.The other team won 3-0.Sulked mostly on Monday & then Germany U21's 2-1 up & perfectly good goal dissallowed drew 2-2,costing me £200 + £450-00 in 2 acca's.Having checked for dead black cats in the village etc,I'm ready to go again,as I'm working most of the day I have broken all my rules & it's on the theory that my challenge hasn't started yet as I havn't had a winner yet.I know that's stretching the whole basis,but I seem to have more luck at the moment with bigger odds bets.So I promise that if this wins I will start complying with my rules.I have mentioned earlier that I was a little undisciplined.

1 FC Koln v B Munich (Backing B Munich @ 1.46)
2 PAOK v Panthrakikos (Backing PAOK @ 1.13)
3 Livingston v Albion (Backing Livingston @ 1.31)
4 Norwich v Yeovil (Backing Norwich @ 1.36)
5 Leeds v Brentford (Backing Leeds @ 1.44)
6 Nottm Forest v Swansea (Laying Swansea @ 4.42)
7 Newcastle v Barnsley (Backing Newcastle @ 1.43)
8 Rochdale v Lincoln (Backing Rochdale @ 1.36)


8-Folds
Selections Odds Stake Potential win
1,2,3,4,5,6,7 and 8 11.06 £20.00 £201.20
Bet references: 13063430


Total Backer's Stake: £20.00
Your total potential win: £201.20
By:
Real Deal
When: 08 Mar 10 16:27
Another try,must be the worst thread on Betfair.Since posting on here I havn't had a decent bet up.Dont know whether I'm the curse or Betfair.

Bet Status: The following bets have been successfully placed.
3 Selections Chosen
1 Eskisehirspor v Galatasaray (Laying Eskisehirspor @ 4.74)
2 Helmond Sport v Fortuna Sittard (Backing Helmond Sport @ 1.46)
3 Valencia v Santander (Backing Valencia @ 1.56)


Trebles
Selections Odds Stake Potential win
1,2 and 3 2.9 £20.00 £38.00
Bet references: 13163019


Total Backer's Stake: £20.00
Your total potential win: £38.00
By:
Real Deal
When: 09 Mar 10 11:36
Right this is my last feeble attempt.It all seems easy when you are thinking these things up.If this fails then I'm rubbish & invite anyone to tease me etc.

Bet Status: The following bets have been successfully placed.
4 Selections Chosen
1 Sunderland v Bolton (Laying Sunderland @ 2.25)
2 Tranmere v Leeds (Laying Tranmere @ 4.63)
3 Arsenal v Porto (Laying Porto @ 6.87)
4 Fiorentina v B Munich (Laying Fiorentina @ 3.28)


4-Folds
Selections Odds Stake Potential win
1,2,3 and 4 3.87 £20.00 £57.40
Bet references: 13175974


Total Backer's Stake: £20.00
Your total potential win: £57.40


I've gone bigger odds again,but dont care.I'm in dont care anymore mode.
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