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Wendz09
09 Jun 10 00:29
Joined:
Date Joined: 08 Jun 10
| Topic/replies: 31 | Blogger: Wendz09's blog
Forgive my stupidity, is this posible on betfair? Looking at trying this on the Worldcup market.

    Bank            Back @    Net Bank
1    £30.00            2.12    £60.42
2    £60.42            2.12    £121.69
3    £121.69            2.12    £245.08
4    £245.08            2.12    £493.58
5    £493.58            2.12    £994.07
6    £994.07            2.12    £2,002.06
7    £2,002.06    2.12    £4,032.16
8    £4,032.16    2.12    £8,120.77
9    £8,120.77    2.12    £16,355.22
10    £16,355.22    2.12    £32,939.42
11    £32,939.42    2.12    £66,339.99
12    £66,339.99    2.12    £133,608.73
13    £133,608.73    2.12    £269,087.99
14    £269,087.99    2.12    £541,943.21
15    £541,943.21    2.12    £1,091,473.63
Pause • Switch to Standard View £30 to £1m in 15 bets....
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Report Hull • June 9, 2010 12:32 AM BST
Easy mate, do it at least 4 times a year.
Report Wendz09 • June 9, 2010 12:35 AM BST
LOL...okay Hull thanks for your reply.
Report DFCIRONMAN • June 9, 2010 12:57 AM BST
Possible YES.......likely NOOOOOOOOOOOOOOOOOOOOOOOOOOO

What is the first GUESS please?
Report Wedged • June 9, 2010 1:11 AM BST
Think a chap called Shalke04 did it a few times, but he's calmed his staking down a bit now.
Report horshamfc • June 9, 2010 1:34 AM BST
Hmm no chance Laugh Try turning £20 into over £5,000 using 30 or less 1.20 bets then id be impressed still havnt seen anyone do it yet
Report DFCIRONMAN • June 9, 2010 1:40 AM BST
I suspect you FAIL on first hurdleDevilLaugh
Report Chebyshev • June 9, 2010 9:27 AM BST
The probability of that happening is 0.0013%

(2.12 = 47.17%, .4717^15 = 0.0000127)

Good luck!
Report 1.01 Layer • June 9, 2010 9:42 AM BST
Just suppose you have an amazing run, would you go all in with half a million for the final bet?
Report Wendz09 • June 9, 2010 11:24 AM BST
Guys thanks for your input, at 0.0013% it's a silly betting strategy but fortune favors the brave.

1st bet of £30 will be on the 15th (Ivory Coast v Portugal), i'm placing the full bank on the over 2.5 goals market.

If i'm lucky enough to get to half a million, i'll place it all on my next bet...I'm blanking out the value of my bank and treating it purely as £30 quid that i won't miss.

Obviously the longer a higher sum sits in my bank the more i'll think about spending it and that's why this all has to be done in 10 days! (Starting with 2 games on the 15th)
Report buzzer • June 9, 2010 11:37 AM BST
at what price? I haven't looked at that market but i'd want at least 2.7 on overs in that game if i was wagering now. Both teams capable of grinding out games and Drogba out for IC
Report Wendz09 • June 9, 2010 11:45 AM BST
I can get 2.42 now for +2.5 goals on the Ivory Coast and Portugal game. If i'm succesful i'll go for the +3.5 goals in the Brazil v North Korea game which follows at a price of 2.38 now. Both are currently above my 2.12 target.
Report 1.01 Layer • June 9, 2010 12:15 PM BST
Good luck!
Report h0rnets1988 • June 9, 2010 5:48 PM BST
SHould of started the thread next week
Report Wedged • June 9, 2010 5:53 PM BST
He means 'should have'
Report tonymontana • June 9, 2010 6:33 PM BST
Commision hasn't been factored in to the first post.
Report Wendz09 • June 9, 2010 7:58 PM BST
Thanks 1.01 Layer.

Tonymontana i've factored in 5% BF Commission in the figures shown.

Only thing that might hinder my success is the pot size available to bet in the latter stages (That's assuming i get that far ofcourse!)

I'll update this thread regularly from next week with progress for those of you that want to see how this plays out!
Report h0rnets1988 • June 10, 2010 12:19 AM BST
Doesnt matter about grammar etc on here, it wont last and pointless putting it up this early imo
Report tonymontana • June 10, 2010 1:18 AM BST
My one chance to look clever and I blew it
Report Wendz09 • June 11, 2010 12:04 PM BST
Okay, i've decided to start my climb inline with the start of the worldcup.

Bet 1 of 15:

Multiples = +1.5 goals on South Africa v Mexico and +1.5 goals on France v Uruguay

Stake - £30
Potential Win - £37.20 (Got odds of 2.24)

Wish me luck!
Report The Southerner • June 11, 2010 12:24 PM BST
i would personally operate 2/3 pools banking at set point enabling you to go again
Report Wendz09 • June 11, 2010 4:46 PM BST
WOOHOO...I'm half way there! (With winning bet 1 lol)
Report Eddie the eagle • June 11, 2010 5:36 PM BST
Wendz , you calculated the commission wrong.
Those 15 bets in your opening post would actually turn into £ 1.576.000. on 5 % commission.
  In reality you would lower your commission rate all the time during this challenge and you would probably have ended up with more than 1,6 million.
Report danny c • June 11, 2010 5:41 PM BST
firstly i dont mind these threads because there a good laugh so gl but i can assure you it wouldnt be as easy as you say to put half a million on your last bet and i can guarantee you wouldnt! but still think you should have gne for small targets , no hope with the ones uve set!
Report h0rnets1988 • June 11, 2010 5:42 PM BST
I agree danny actually at over a grand i wouldnt place a bet Laugh
Report h0rnets1988 • June 11, 2010 5:42 PM BST
Actually change that over 300 i wouldnt
Report danny c • June 12, 2010 1:37 AM BST
the end.
Report DFCIRONMAN • June 12, 2010 1:47 AM BST
Wendz09 Joined: 08 Jun 10
Replies: 13 09 Jun 10 00:29   


Forgive my stupidity, is this posible on betfair? Looking at trying this on the Worldcup market.
=======================================================


If ye canny string a sentence together .....ye have NO CHANCE of anything on BF..............

So many FLAWS on your opening post ....that NOOOOOOOOOOO was the only answer ....FOR YOU!Sad


I hope you LEARN "something" from the "stupidity" of your thread....................BUT......I doubt it!Sad


Can't wissh you GL on bets .....as LUCK generally has much to do with having an "edge"!
Report h0rnets1988 • June 12, 2010 2:17 AM BST
God dam it loads of threads gone bust in one day 3 at the top of my head
Report Wendz09 • June 12, 2010 11:40 AM BST
Oh well, i got excited too soon lol.

1st attempt gone bust...I'm inclined to have another go so ATTEMPT no. 2...

Bet 1 of 16:

Multiples = +1.5 goals on Argentina v Nigeria... +2.5 goals on England v USA.... +1.5 goals on South Korea v Greece

Stake - £9.99
A Doubles bet with a total Potential Win - £18.02

DFCIRONMAN i'm having 3 attempts at this so i expect you'll be critising me throughout the journey...well good to have you onboard! [;)]
Report stevies5_mufc • June 12, 2010 12:18 PM BST
Wendz09  you will always get criticised for these challenges mate, all i can say is best of luck.. tried it before numerous times and failed Laugh


but if you have a bad feeling about anything then i suggest just avoid it completely and to not rush...
Report easykc1 • June 14, 2010 2:02 AM BST
ok so your first bet is on the 15th..is this giro day?
Report Wendz09 • June 14, 2010 11:06 AM BST
Hi all, I've learn't my lesson over the past few days that this idea of 15 bets to £1m is absolutely bonkers! I'm giving up on this approach and advise anyone else trying to do it to do so.

Things i've learnt:

1. Do not go all in with your bank, once it's gone you're out of the game!

2. Bank half your winnings on a regular basis.

3. Stick to value bets offering odds between 1.3 and 2.12.

I've started a new thread "Slow growth of a £10..." and as i'm still learning i'd appreciate any constructive advice. We're all in this to try and make a small regular income. So goodluck all!
Report dlarssonf • June 14, 2010 11:53 AM BST
value can be found at any price, limiting yourself to odds of between 1.3 and 2.12 is a very silly thing to do
Report rod hull • June 14, 2010 3:45 PM BST
dlarssonf Joined: 05 Mar 08
Replies: 2614 14 Jun 10 11:53 
value can be found at any price, limiting yourself to odds of between 1.3 and 2.12 is a very silly thing to do


was just about to say the same thing. what if you find a 2.2 shot that should be 1.7?

no bet because it's at 2.2 and not 2.12? madness.
Report howardisawinker • June 14, 2010 9:33 PM BST
You've had a bit of bad luck, you're due a good run... why stop now? You can't have expected to make a million 1st try!
Report xXSKRAPIDXx • June 15, 2010 1:32 AM BST
im so glad ur betting on bf...gl or so lol
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