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Doubling stakes to win £150k fast

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Replies: 205
By:
SHAPESHIFTER
When: 03 Jun 11 22:23
er, that was supposed to read "best of luck"
By:
SHAPESHIFTER
When: 04 Jun 11 10:34
Further note

Friday night math (wine factor).  475 was at 2.3 at the time so obviously post was on quick math.
By:
SHAPESHIFTER
When: 04 Jun 11 10:36
Also, not massive numbers but 400 and 425+ have come in so perhaps some see the potential of getting past 400.
By:
Plechy
When: 04 Jun 11 11:26
Thanks for the comments. I decided to bail out and retrieve my full £320 stake, plus a £15 profit in the process.

They will probably reach 450 but it's too risky. The original bet was placed on the basis that two of Strauss, Cook, Trott or Cook would score 100 and the other two at least 50 each, with the reamining six contributing the rest.

I dodged a silver bullet with yesterday afternoon's session of 177 and don't want to put my luck this morning.
By:
Plechy
When: 04 Jun 11 11:26
*push
By:
ocean0201
When: 04 Jun 11 13:17
england reached 486 but good decision to bail out
By:
Plechy
When: 04 Jun 11 15:10
Yeah, seriously no regrets. You have to be philosophical about these things - it's like greening-up only to see your original bet land.

Prior and Broad were playing Russian roulette from the word go this morning and it was too risky. Prior got lucky several times and on another day could easily have been out in the first few overs of the day.

As it was they lost 8 wickets, and who would have bet much on Tremlett and Finn scoring the runs they did?
By:
SHAPESHIFTER
When: 04 Jun 11 16:17
A great example of using the exchanges [;)]
By:
Plechy
When: 04 Jun 11 18:49
Gave serious consideration to making Bet 5 a back of Montenegro to beat Bulgaria at home tonight @ 2.32, but resisted and have layed Bulgaria at 3.9 for £50 instead.
By:
fbsdjf
When: 05 Jun 11 10:31
Ask yourself this.

If the £320 bet on the cricket had been for £20 would you have greened out. My guess is no. You would have let it run.

I think you've hit your emotional staking level. You should bank £300 and start again with £20.
By:
mythical prince
When: 14 Jun 11 05:57
is this a wind-up?
By:
Plechy
When: 17 Aug 11 14:36
Time to resume...

Grateful to have won a fair bit in recent weeks (with smaller stakes) backing England against inept India, so time to go in bigger...

Bet 5: England v India - 4th Test @ The Oval, Aug 18-22, 2011. England to win, £320 @ 2.58.
By:
ocean0201
When: 17 Aug 11 16:04
risky bet this one plechy, england have trott and tremlett missing, anderson may not play as well.. rain can also play a part.. india will try to salvage some pride by trying to take something out of this.. draw maybe a better bet..

gl
By:
MrHunt
When: 17 Aug 11 19:14
when/if you get to bet 13 where will you get 80k at evens?
By:
Plechy
When: 17 Aug 11 21:57
ocean0201 - Trott and Tremlett missed the last Test too. With or without Anderson, England still too strong for a knackered India team that evidently doesn't want to be here.

Weather? Four days will be enough to get the job done.

India haven't scored 300 in any innings in Tests on this tour, nor have they batted beyond 100 overs.

They don't have the bowlers to take 20 England wickets either.

This was one bet I barely hesitated over. Just a bit miffed that the price has now drifted to 2.7.

MrHunt - now wouldn't that be a nice problem to worry about!
By:
ocean0201
When: 18 Aug 11 16:38
Weather? Four days will be enough to get the job done.

no play looks likely today so hope you were right about the 4 days...  england win is out to 3.55 and draw at 1.47
By:
Plechy
When: 18 Aug 11 19:26
ocean0201 - Yeah, tell me about it! Weather set to improve to allow enough play over the next 4 days, though. Indeed, I've since laid some of the draw price as its shrunk and now face a £500 loss if it ends in a draw.

Rain, rain go away...
By:
ocean0201
When: 19 Aug 11 17:23
a good day of cricket so far.. england on top...  price on draw still holding though..
By:
ocean0201
When: 22 Aug 11 21:00
well done plechy.. the rain stayed away and india lost 7 wickets for 21.. gl for  your next bet
By:
Plechy
When: 24 Aug 11 20:52
Cheers ocean0201.

Must admit, I'd written it off as a loser at lunch on the fifth day, with Tendulkar and Mishra looking well set. Was driving on the M1 and turned TMS off on the radio and stuck in a CD, vowing not to bother retuning to TMS after the lunch break. Fully expected to hear the dreaded draw confirmed when I reached my destination.

Then, well into the afternoion, the missus phoned to say it was raining Indian wickets.

Just shows you how the wheel of fortune can spin.
By:
JackQueen
When: 24 Aug 11 21:04
Interesting.
By:
MrHunt
When: 24 Aug 11 21:22
is tattoo getting nervous?...his monthly bonus cud be up the swanee..
By:
ocean0201
When: 24 Aug 11 23:32
Whats next bet plechy, plenty of tennis this weekend and US tennis as well
By:
dbrfcno1
When: 03 Sep 11 20:26
i have only read to the (stop laughing) bit
By:
dbrfcno1
When: 03 Sep 11 20:52
just read the full thread good luck with it mate i will keep an eye on it
By:
Marketfeeder
When: 05 Sep 11 14:11
Hi Pletchy,

Facinating thread, I'm going to give it ago although I'm slightly less amitious and when I get to £24,480 I'll stop as that's enough for me. What do you guys think of starting at £1,280 then you'll only have to win 4 bets to make your living, but obvioulsy you don't get too many goes at it.
By:
dbrfcno1
When: 05 Sep 11 17:06
good luck marketfeeder. 4 bets sounds easy but i aint sure
By:
Plechy
When: 05 Sep 11 22:46
Thanks for the feedback and support.

Not at all sure what bet 6 will be. They reckon you shouldn't go looking too far for it, and that the best bets 'come to you'. No rush.

As the stakes are raised, I guess it's most likely to come in either cricket or tennis, longer events that could offer laying opportunities if the bet looks in danger of going pear-shaped, as opposed to anything in the 90 minute football markets.

It's interesting how psychology plays its part as you make progress. There seem to be a million obvious even money bets out there when you are only staking the first £20 but a stab with £640 leads to much greater scrutiny and you find yourself finding numerous reasons why NOT to have the bet you were considering. Which is no bad thing, I suppose.
By:
paulme
When: 05 Sep 11 22:57
glad to see you still going with this Plechy.

can you just list each bet so far and what the bank is for a quick summary please?
By:
Plechy
When: 05 Sep 11 23:19
paulme - here you go.


BET 1, May 9
Fulham v Liverpool. Back Next Goal Liverpool, £20 @ 2.16. Lost.
-----------------------------------------------------------------
BET 1, May 10
Man City v Spurs. Back Man City win, £20 @ 2.00.
City won 1-0.

BET 2, May 15
Wigan v West Ham. Back Wigan win, £40 @ 2.08.
Wigan won 3-2.

BET 3, May 16
Swansea v Nottm Forest. Back Swansea win, £80 @ 2.00.
Swansea won 3-1.

BET 4, May 28
Barcelona v Man Utd. Back Barca to win in 90 mins, £160 @ 2.06.
Barcelona won 3-1.

BET 5, June 3-7
England v Sri Lanka, 2nd Test @ Lord's. Back England to score 450 or more first innings runs, £320 @ 2.00.
***Bet 5 abandoned. Layed England 1st inns runs for £15 profit to retrieve original £320 stake and get out of bet. Of course, they went on to score 486!

BET 5, August 18-22
England v India, 4th Test @ The Oval. Back England to win, £320 @ 2.58.
England win by an innings and eight runs.

So bank for this now stands at approx £640.
By:
BlindProbe
When: 05 Sep 11 23:26
Saw this thread just before your last bet on the cricket, I love it, 5 bets since May certainly shows you have the patience and discipline for thread to succeed. Will keep an eye on it, best of luck, hope you reach your target.
By:
paulme
When: 05 Sep 11 23:30
good luck with bet 6 plechy. let the bet find you Blush
By:
Marketfeeder
When: 06 Sep 11 09:08
My attempt failed at the first with Charlton drawing last night.

Here's my question, you can research all you want, find all the form and stats and find a real value bet and it can still lose. Is there any real difference in just arbitarily picking any even money bets and hoping for a good run.

Because things you think are nailed on do lose (if not we'd all be millionaires) so is there any actual differece, your just dependant on a lucky run.

Not having a go, I think it's a great idea and I hope you do it Plechy. I'm starting to think that 10 even money shots mite be difficult, 20 1.5's mite be easier.
By:
Plechy
When: 06 Sep 11 10:32
Blindprobe: 'Patience & Discipline' is what many on here swear by as the only means to long-term success in betting. However, I must be honest and admit that, aside from this attempt, I have also been having plenty of other bets (including many at odds-on) and naturally some of them have lost, so I don't want to come across as some expert. Far from it.

Marketfeeder: It goes without saying that luck plays an important part in all betting, otherwise, as you say, we'd all be millionaires. And the killer is, bad luck will wreck a clear odds-on 'banker' as much as an even money shot. I take your point about targeting 20 x 1.5 bets but you are just as likely to be tripped up by one of them as you would backing half as many at 2.00 or more.

Football is my favourite sport but, as I've found to some cost over the years, not always the best for winning bets! You mentioned Charlton drawing 1-1 at home with Sheff Wed last night, in which they hardly justified their 1.77 SP. Charlton have made a good start to the season while Sheff Wed had not won away, so the home side were rightly well fancied. But, as someone who watches quite a lot of League One football live at the ground, I can vouch for these teams' sudden bouts of ineptitude and unpredictability - not just from one game to the next, but minute by minute! So I have now decided to steer clear of any teams below the Premier League in terms of single bets.

My latest theory is to revolve most of my football betting activity around four top European teams - Man Utd and Man City, plus Barcelona and Real Madrid. I realise they offer very short pre-match prices and are rarely value as single match bets, but this season I believe they will fit my criterion nicely for bets involving over 2.5 goals and laying correct scores in-play.

What appeals is that those four teams have a number of different players who are realistically capable of scoring at any time, almost from out of nothing, and create more chances per game than any other teams (Arsenal may join this category when at full strength).

Just my thoughts. As I say, I'm certainly no expert.
By:
ocean0201
When: 06 Sep 11 12:59
with such challenges, luck is the biggest factor... when you are going all-in success matters as much as value..
By:
Marketfeeder
When: 06 Sep 11 13:50
Ok for everyone who says it can't be done, how about laying even money shots and then doubling it till you get a loser. Yea you'd need a good bank but chances are you won't have to go too deep into it. Would aroung 10k be safe enough?
By:
3DUCKEGGS
When: 07 Sep 11 16:54
Plechy,

You have not had a bet (I presume your doing other normal betting on separate bank though) since Aug 18th that's a lot of discipline!  Good luck with this wish you all the best.
By:
Cardinal Scott
When: 07 Sep 11 22:10
Plechy you are an Incurable Optimist this is admirable but try flipping a coin and having it land on heads (or tails) 14 times in a row.  This is the scale of your challenge!
By:
Cardinal Scott
When: 07 Sep 11 22:10
Plechy you are an Incurable Optimist this is admirable but try flipping a coin and having it land on heads (or tails) 14 times in a row.  This is the scale of your challenge!
By:
SHAPESHIFTER
When: 07 Sep 11 23:03
Every dog has their day.....

http://contests.covers.com/SportsContests/Survivor/leaderboard.aspx
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