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The 2008 - 1.01/.02/.03/.04/.05 Challenge

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By:
callataxi
When: 13 Feb 08 21:37
Schalke 04 13 Feb 21:51


Mu Mu, I get a buzz and thats all that matters. I am doing this for me, no-one else




well stop typing it up on here then!!! why cant u just write it down on some paper or do it on a private spreadsheet then.
By:
Little one
When: 13 Feb 08 22:06
I'm new top the forum but like all of you m keen to find the ellusive money making system.

This idea seems spot on - though lots of patience needed.

Why give Shalke so much hassle - if you don't like it, don't read it and for heavens sake don't bother posting on the thread.

Good luck mate.
By:
jimny
When: 13 Feb 08 22:15
Agree with little one, he's not doing any harm to anybody so why pick on him and insult him...

Wouldn't be the kind of bets that I'd make but each to their own, and so long as the guy is happy and having fun so be it :)
By:
Robbie_Box
When: 13 Feb 08 22:22
What would happen if everyone used the forum for keeping a log of their bets?... it would be carnage
By:
Little one
When: 13 Feb 08 22:32
Reckon i'd think a little more carefully about what I put in and what I didn't. Tonights dive into the forum is simply to stop me betting when pi$$ed, which seems to be my weakness.
By:
jimny
When: 13 Feb 08 22:40
Carnage...Well I'd rather have that kind of "carnage" than the thousands of pointless/stupid threads that are posted on these forums every day...

;)
By:
xxlandofsmilesxx
When: 14 Feb 08 02:33
Mr Profit you can see the old challenges here http://www.fred77.co.uk/betfair-forum-archive.php?m=20&u=schalke+04&s=&f=32

Some are classics :-)
By:
Mr Profit
When: 14 Feb 08 09:58
xxlandofsmilesxx,
forget about his challenges look at this,


Has anyones relatives died today?[/b] [b]
Schalke 04 01 Jan 13:27
?

is there something wrong with him ?
imo i think he needs help, what kind of person would post this ?
By:
Double_Underscore
When: 14 Feb 08 13:16
Schalke 04 13 Feb 21:51
Mu Mu, I get a buzz and thats all that matters. I am doing this for me, no-one else

Just not true though is it, you HAVE to do it on the GB forum because when your posts weren't getting any replies on the competitions forum apart from your own you HAD to come back to GB.
By:
takethestand
When: 14 Feb 08 17:28
Is it worth maxing out two credit cards?

Schalke 04 13 Feb 01:16


STAKE - 20,000

RETURN - 1,400

---------------------------------------------------------------------------------------

BET: B.Munich to qualify v Aberdeen









Good luck m8 :^0
By:
Schalke 04
When: 14 Feb 08 18:19
Aguero 13 Feb 21:54


Schalke 04 13 Feb 21:38
Not really a bust 1.01, stupid to back it if only one goal in it

thats what you said in the football forum about a 1.01 being bused by an Anderlecht goal in the 95th minute. Yet you layed panathinaikos when 0-0 after 89 minutes?

explain.


It was 89:50 on the clock, not 89 .... 1 min added time and Rangers has posession. Pana didn't even get forward, well worth the bet.
By:
Bradders
When: 14 Feb 08 18:22
20k on credit cards? Classed as a cash advance by the credit cards. 1.5% charge by Betfair. 5% commission.

Probably end up with about 50p after all the charges :-)
By:
Schalke 04
When: 14 Feb 08 18:23
Exactly, thats why I never done it .... one said it was 3% to do it and charged everyday until it's paid back, not worth it.
By:
Bradders
When: 14 Feb 08 18:25
Yeah interest would rack up at a higher rate than normal until you repaid it. Using credit cards to gamble is pure madness, good on ya for swerving that!!
By:
Schalke 04
When: 14 Feb 08 18:27
I used to use them all the time when they classed betting as just a normal purchase ...
By:
Schalke 04
When: 14 Feb 08 18:42
next bet: NOT AU - Aberdeen v B.Munich @ 1.04 - 144 to win 5.70 while 2-2 @ 85:45
By:
Schalke 04
When: 14 Feb 08 18:49
cont .......

7. S.Hendry to bt M.Holt @ 1.05 (1.06) - 223 to win 12.71 - WON
8. Under 1.5 goals - 1H - Brann v Everton @ 1.01 - 71.75 to win 0.68 - WON
9. Under 4.5 goals - W.Bremen v Braga @ 1.02 - 235 to win 4.47 - WON
10. Lay Panathanaikos v Rangers @ 1.04/.05 - 208.50 to win 9.74 - WON
11. NOT AU - Aberdeen v B.Munich @ 1.04 - 144 to win 5.70 - WON

Next bet: 253 ----- Banked: 6.49 ----- Total Profit Loss if next bet loses: -193.51

Total 2008 Profit / Loss: 0

Schalke 04
By:
Schalke 04
When: 14 Feb 08 19:17
next bet: T.Jenkins to bt P.Taylor @ 1.05 - 250 to win 11.88 while 7-3 up
By:
Schalke 04
When: 14 Feb 08 19:26
cont .......

8. Under 1.5 goals - 1H - Brann v Everton @ 1.01 - 71.75 to win 0.68 - WON
9. Under 4.5 goals - W.Bremen v Braga @ 1.02 - 235 to win 4.47 - WON
10. Lay Panathanaikos v Rangers @ 1.04/.05 - 208.50 to win 9.74 - WON
11. NOT AU - Aberdeen v B.Munich @ 1.04 - 144 to win 5.70 - WON
12. T.Jenkins to bt P.Taylor @ 1.05 - 250 to win 11.88 - WON

Next bet: 264 ----- Banked: 7.37 ----- Total Profit Loss if next bet loses: -192.63

Total 2008 Profit / Loss: 0

Schalke 04
By:
Schalke 04
When: 14 Feb 08 20:03
next bet: Barneveld or draw v Manley @ 1.05/.06 - 255 to win 14.25 while 6-3 up
By:
Schalke 04
When: 14 Feb 08 20:05
latest: Barneveld 6-4 Manley
By:
takethestand
When: 14 Feb 08 20:07
made tonight bud

well done

of course.....nobody loses on betfair ;)
By:
Schalke 04
When: 14 Feb 08 20:07
cont .......

9. Under 4.5 goals - W.Bremen v Braga @ 1.02 - 235 to win 4.47 - WON
10. Lay Panathanaikos v Rangers @ 1.04/.05 - 208.50 to win 9.74 - WON
11. NOT AU - Aberdeen v B.Munich @ 1.04 - 144 to win 5.70 - WON
12. T.Jenkins to bt P.Taylor @ 1.05 - 250 to win 11.88 - WON
13. Barneveld or draw v Manley @ 1.05/.06 - 255 to win 14.25 - WON

Next bet: 278 ----- Banked: 7.62 ----- Total Profit Loss if next bet loses: -192.38

Total 2008 Profit / Loss: 0

Schalke 04
By:
Schalke 04
When: 14 Feb 08 20:33
next bet: Under 2.5 goals - Rosenborg v Fiorentina @ 1.01 - 270 to win 2.57 while 0-1 @ 88:55
By:
Schalke 04
When: 14 Feb 08 20:39
cont .......

10. Lay Panathanaikos v Rangers @ 1.04/.05 - 208.50 to win 9.74 - WON
11. NOT AU - Aberdeen v B.Munich @ 1.04 - 144 to win 5.70 - WON
12. T.Jenkins to bt P.Taylor @ 1.05 - 250 to win 11.88 - WON
13. Barneveld or draw v Manley @ 1.05/.06 - 255 to win 14.25 - WON
14. Under 2.5 goals - Rosenborg v Fiorentina @ 1.01 - 270 to win 2.57 - WON

Next bet: 280 ----- Banked: 8.19 ----- Total Profit Loss if next bet loses: -191.82

Total 2008 Profit / Loss: 0

Schalke 04
By:
Schalke 04
When: 14 Feb 08 20:50
next bet: NOT AU - S.Prague v Tottenham @ 1.01 - 213.60 to win 2.28 while 1-2 @ 87:50
By:
Schalke 04
When: 14 Feb 08 20:52
90' ----- 1-2
By:
stampystamp.
When: 14 Feb 08 20:54
what does not au mean?
By:
Schalke 04
When: 14 Feb 08 20:56
cont .......

11. NOT AU - Aberdeen v B.Munich @ 1.04 - 144 to win 5.70 - WON
12. T.Jenkins to bt P.Taylor @ 1.05 - 250 to win 11.88 - WON
13. Barneveld or draw v Manley @ 1.05/.06 - 255 to win 14.25 - WON
14. Under 2.5 goals - Rosenborg v Fiorentina @ 1.01 - 270 to win 2.57 - WON
15. NOT AU - S.Prague v Tottenham @ 1.01 - 213.60 to win 2.28 - WON

Next bet: 282 ----- Banked: 8.47 ----- Total Profit Loss if next bet loses: -191.53

Total 2008 Profit / Loss: 0

Schalke 04
By:
Schalke 04
When: 14 Feb 08 20:56
AU = Any Unquoted
By:
hickman
When: 14 Feb 08 22:29
Shalke!

welcome back mate - regardless of what anyone says, or profits/losses of your systems, your challenges are always interesting to say the least, i shall be watching this one carefully after keeping track of your previous challenges.

i should ask though - you've tried many systems in the past with x amount of money - is this money that you've simply earned from your job? or is it gambling winnings?

i get the feeling that a lot of this is for personal kicks and much of it is funded by a consistent profit-making betting system that you're reluctant to tell anyone, and rightly so..
By:
General Midwinter
When: 15 Feb 08 00:06
Hi Shalke

Could you explain your banking strategy in this thread?

Reason I ask is that you seem to be banking about 1% of profits, but at that rate it will take you over 120 bets to 'secure' your original 200. This assumes average odds of 1.02. The actual number of bets required will be greater as you would have to get action on 2000 per bet at this level.

Why not bank nothing for 37 bets (which doubles your stake at 1.02) then bank the 200?

Start again with 'their' 200 banking, say, 25 - 50% thereafter.

When the inevitable short odds bet gets beaten your initial stake is secure and you will have banked some useful profits (hopefully!).

Using your current strategy you will have only banked about 20 in 37 bets, so the effect on your 'risk of ruin' is very small.

Best of luck as always.
By:
hickman
When: 15 Feb 08 00:23
some decent points there GM, which i'd agree with.

when the stakes get beaten the loss is going to be big, and having banked just 20 pounds after 37 bets it makes it hardly worth banking anything at all.
By:
Schalke 04
When: 15 Feb 08 00:31
hickman 14 Feb 23:29

Shalke!

welcome back mate - regardless of what anyone says, or profits/losses of your systems, your challenges are always interesting to say the least, i shall be watching this one carefully after keeping track of your previous challenges.

i should ask though - you've tried many systems in the past with x amount of money - is this money that you've simply earned from your job? or is it gambling winnings?

i get the feeling that a lot of this is for personal kicks and much of it is funded by a consistent profit-making betting system that you're reluctant to tell anyone, and rightly so..


Just some extra money had lying about .... all my previous profits are spent. Although I do have a good system if you can call it that that makes me some extra.
By:
Schalke 04
When: 15 Feb 08 00:35
General Midwinter 15 Feb 01:06


Hi Shalke

Could you explain your banking strategy in this thread?

Reason I ask is that you seem to be banking about 1% of profits, but at that rate it will take you over 120 bets to 'secure' your original 200. This assumes average odds of 1.02. The actual number of bets required will be greater as you would have to get action on 2000 per bet at this level.

Why not bank nothing for 37 bets (which doubles your stake at 1.02) then bank the 200?

Start again with 'their' 200 banking, say, 25 - 50% thereafter.

When the inevitable short odds bet gets beaten your initial stake is secure and you will have banked some useful profits (hopefully!).

Using your current strategy you will have only banked about 20 in 37 bets, so the effect on your 'risk of ruin' is very small.

Best of luck as always.


Well, just to point out that what you said is exactly the way I do this ..... At the moment I bank all the pence, simply as it get in the way when placing bets. So if I win 4.60 I will just bank the 60p and carry the 4. Once my current bank reaches 400 then I simply bank the 200 and that me broken even.

Thats the way I have always done it, don't know if you have followed it before.

Once I have broken even I then bank 50% of everything made after that....so I start with 200, get it to 400 and then start again, after that I will turn the 200 into into 300, then bank 50 and start again with 250, then just keep going that way .....
By:
General Midwinter
When: 15 Feb 08 00:39
Well, it's just my $0.02. There must be a way to optimise the return vs. risk of ruin for these bets, but I may not have the math skills to determine this, and a lot will depend on the degree of risk that the bettor considers acceptable.

I do understand that a staking plan cannot overcome a losing strategy if these bets are not value in the long term - trouble is that at these odds you need a very large number of bets to determine if Shalke has a genuine edge.

I suspect that a lot of the time he has, but I think that he needs to protect his bank better from the odd freak result / bad decision.
By:
General Midwinter
When: 15 Feb 08 00:42
Thats the way I have always done it, don't know if you have followed it before.

I've followed all your threads with great interest.
By:
Schalke 04
When: 15 Feb 08 00:43
Around 30-40 bets is all thats needed, getting 100 in a row is very very easy ..... a run of 100 would easily win back 2 or 3 losses.#

So, I am looking for at least a run of 100 every 4 attempts
By:
Schalke 04
When: 15 Feb 08 00:44
Thats just 15 bets so far and 93 profit, it gets bigger the longer it goes ......
By:
General Midwinter
When: 15 Feb 08 00:49
So, I am looking for at least a run of 100 every 4 attempts

Sounds about right - good luck for 2008.
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