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General Betting

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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

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Replies: 36
By:
Hull
When: 09 Jun 10 00:32
Easy mate, do it at least 4 times a year.
By:
Wendz09
When: 09 Jun 10 00:35
LOL...okay Hull thanks for your reply.
By:
DFCIRONMAN
When: 09 Jun 10 00:57
Possible YES.......likely NOOOOOOOOOOOOOOOOOOOOOOOOOOO

What is the first GUESS please?
By:
Wedged
When: 09 Jun 10 01:11
Think a chap called Shalke04 did it a few times, but he's calmed his staking down a bit now.
By:
horshamfc
When: 09 Jun 10 01:34
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
By:
DFCIRONMAN
When: 09 Jun 10 01:40
I suspect you FAIL on first hurdleDevilLaugh
By:
Chebyshev
When: 09 Jun 10 09:27
The probability of that happening is 0.0013%

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

Good luck!
By:
1.01 Layer
When: 09 Jun 10 09:42
Just suppose you have an amazing run, would you go all in with half a million for the final bet?
By:
Wendz09
When: 09 Jun 10 11:24
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)
By:
buzzer
When: 09 Jun 10 11:37
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
By:
Wendz09
When: 09 Jun 10 11:45
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.
By:
1.01 Layer
When: 09 Jun 10 12:15
Good luck!
By:
h0rnets1988
When: 09 Jun 10 17:48
SHould of started the thread next week
By:
Wedged
When: 09 Jun 10 17:53
He means 'should have'
By:
tonymontana
When: 09 Jun 10 18:33
Commision hasn't been factored in to the first post.
By:
Wendz09
When: 09 Jun 10 19:58
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!
By:
h0rnets1988
When: 10 Jun 10 00:19
Doesnt matter about grammar etc on here, it wont last and pointless putting it up this early imo
By:
tonymontana
When: 10 Jun 10 01:18
My one chance to look clever and I blew it
By:
Wendz09
When: 11 Jun 10 12:04
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!
By:
The Southerner
When: 11 Jun 10 12:24
i would personally operate 2/3 pools banking at set point enabling you to go again
By:
Wendz09
When: 11 Jun 10 16:46
WOOHOO...I'm half way there! (With winning bet 1 lol)
By:
Eddie the eagle
When: 11 Jun 10 17:36
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.
By:
danny c
When: 11 Jun 10 17:41
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!
By:
h0rnets1988
When: 11 Jun 10 17:42
I agree danny actually at over a grand i wouldnt place a bet Laugh
By:
h0rnets1988
When: 11 Jun 10 17:42
Actually change that over 300 i wouldnt
By:
danny c
When: 12 Jun 10 01:37
the end.
By:
DFCIRONMAN
When: 12 Jun 10 01:47
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"!
By:
h0rnets1988
When: 12 Jun 10 02:17
God dam it loads of threads gone bust in one day 3 at the top of my head
By:
Wendz09
When: 12 Jun 10 11:40
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! [;)]
By:
stevies5_mufc
When: 12 Jun 10 12:18
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...
By:
easykc1
When: 14 Jun 10 02:02
ok so your first bet is on the 15th..is this giro day?
By:
Wendz09
When: 14 Jun 10 11:06
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!
By:
dlarssonf
When: 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
By:
rod hull
When: 14 Jun 10 15:45
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.
By:
howardisawinker
When: 14 Jun 10 21:33
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!
By:
xXSKRAPIDXx
When: 15 Jun 10 01:32
im so glad ur betting on bf...gl or so lol
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