General Betting
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In Schalke 04's footsteps
In Schalke 04's footsteps
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Replies: 181
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maybe, but looking at the mix of sports he has bet on, thought he was just another guesser.
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Nah, Eddie is a pro.
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He has admitted that he's picking random events but he still may be pitching offers at the favourable end of the spread to achieve value. Eddie is no guesser but this is clearly just a bit of fun for him (and us).
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a working girl, now i would believe that.
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Th 5 bank system is now a little fecked up due to not being fully matched on bet 31 and because the follow up bet 31 B lost.
For the next bet, I've just used the amount needed to come out of this run with a small profit should it win and I would then be back to using bank 1. If it loses, I will have finished the first 3 banks and also used 2048 from bank 4. Bank 1: 420 Bank 2: 1.26 k Bank 3: 3.78 k Bank 4: 11.34 k Bank 5: 25.2 k 24. Laid Scotland Street(08.22 Pinj) to win @ 2.87 for a liability of 420 Won 25. Simon to beat Benneteau inrunning. 420 @ 1.83 Lost 26. Laid the draw in Bani Suweif-AIAI(Egyption football) @ 3.18 for a liability of 1260 Won 27. Laid The Cockney Mackem(15.50 Taun) to place @ 2.8 for a liability of 420 Lost 28. Laid the draw in Panaitolikos-OFI(Greek football) @ 3.25 for a liability of 1260 Won 29. Reykjavik to beat Fram(Icelandic football). 420 @ 1.66 Lost 30. Sp Lisbon to beat Moreirense inrunning. 1260 @ 1.51 Lost 31. Miami Heat to beat LA Lakers. Not fully matched. 1830,25 @ 1.49 Won 31 B. Dolgopolov to beat Tomic inrunning. 2300 @ 1.42 Lost 32. B Munich to beat Mgladbach. 4400 @ 1.76 Banked : 1912.85 |
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Northbouy, the reason I wasn't fully matched in bet 31 was because I took whatever was available @ 1.49 when I place my bet roughly 2 hours before the match started. The unmatched part was left there first in the queue and I thought it would be matched before the start as most money up to this point was matched @ 1.5.
I didn't checck the market again until 10 - 15 minutes prior to the off and found that only a small amount more had been matched. The spread was now 1.47 - 1.48. I moved the rest down to 1.48 , but prices dropped further down to 1.46 - 1.47. I then moved it down to 1.47, but prices kept on dropping. At one pont a few minutes before the off the spread was 1.44 - 1.45. I decided not to chase the price any further and hoped it would come back during the last minutes before the off. I think the spread was 1.45 - 1.46 at the suspend and I hadn't made it a keep bet. As soon as the inrunning market opened it seemed to be plenty of money wanting to back, but much smaller amount wanting to lay. I didn't have pictures from the match so I decided not to just put the money up and let some fast picture guy get all the value. So I just turned off the computer and went to bed. |
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fair enough, i am just busting your chops.
I want to see you make a success of this, but we all know that this staking plan has been a failure in the past. I am hoping you can make it work, but Schalke tried it numerous times and although probably didnt get value when he needed to, regardless of that, its not that uncommon to have 5 outs at these sorts of odds. |
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It is basically a gamble rather than a money making ploy whether taking value or not altough it stands a bit more chance of success if Eddie is getting value.
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I know this could go bust at any point, but I actually did like it when Schalke tried this particular one a couple of years ago.
I never liked his 1.01, 1.02 , 1.03 ... challenges, but on this one he actually at least doubled and from memory almost tripled his money before it failed. I know a few of the regulars on here will choke when they read this, but I actually belive a compulsive or recrational gambler has a better chance of making some real money from gambling using this or other similar systems rather than using one of the more acknowledged staking systems. |
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not many recreational gamblers I know have 40K set aside for 'fun'
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On first thought I like the system, but if you really turn over a large volume you simple end up making more profit.
So the big disadvantages here are clearly: - Only one bet at a time. - Betsizes are smallish compared to your full bank. - Looks easy to do in theory, but will require some huge decisions, because a big amount of the bank might be risked on small edges (or none at all). If you really want to double your bank you probably end up doing it faster if you simply go with a more aggressive staking plan, like 3%-5% on < 1.5 shots, rather than this system. Ok you need to be able to pick value, if you are not than this system might be better but not otherwise  |
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As a system it's rubbish, as a bit of fun it's great!
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Northbouy, you can do it with whatever amount/bank you want. Schalcke o4 did this one with a starting bank of £ 40 ! He had to place most of his bets with online bookmakers though as most of his bets were under the minimum £ 2 on here.
nooave1 and catflaqpo, I never said this was a system for anyone thinking or knowing they have an edge. I just think it's something compulsive and recrational gamblers could use to increase their chances of making money from gambling. |
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well Schalke was right about one thing, with a system like this results matter, and at the moment you ain't getting results.
the strange thing is, that you were still in profit prior to the last bet you had, and now you are in deficit. |
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and another thing.... you were virtually level before your last bet, but you have busted 2 banks. This means you now have 40K to use on your last 3 banks. When you started out you had 40K to use on 5 banks. Your odds of success from this point are quite reduced with just 3 banks rather than 5, with this suicidal staking, but you already know that. good luck with your bank 4.
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Mr Martin Gale has left the building. (No shirt on his back, and his pockets inside out.)
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I'm sure he will be back. Solid bet may be Wozniacki TB Jankovic at 1.5~?
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I've started backing Chelsea inrunning. 2 k so far.
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3700 now @ 1.7 average.
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you trying to get the rest of bank 4 on too?
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5.8 k now 2 1.72 average.
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@ 1.72 average
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Why weren't these bets listed before you placed them?
Unfortunately in these kinds of threads, it's always the way as soon as things turn tits up. |
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Filled up now. 10500 @ 1.76 average.
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Bank 1: 420 Bank 2: 1.26 k Bank 3: 3.78 k Bank 4: 11.34 k Bank 5: 25.2 k
24. Laid Scotland Street(08.22 Pinj) to win @ 2.87 for a liability of 420 Won 25. Simon to beat Benneteau inrunning. 420 @ 1.83 Lost 26. Laid the draw in Bani Suweif-AIAI(Egyption football) @ 3.18 for a liability of 1260 Won 27. Laid The Cockney Mackem(15.50 Taun) to place @ 2.8 for a liability of 420 Lost 28. Laid the draw in Panaitolikos-OFI(Greek football) @ 3.25 for a liability of 1260 Won 29. Reykjavik to beat Fram(Icelandic football). 420 @ 1.66 Lost 30. Sp Lisbon to beat Moreirense inrunning. 1260 @ 1.51 Lost 31. Miami Heat to beat LA Lakers. Not fully matched. 1830,25 @ 1.49 Won 31 B. Dolgopolov to beat Tomic inrunning. 2300 @ 1.42 Lost 32. B Munich to beat Mgladbach. 4400 @ 1.76 Lost 33. Chelse to beat Norwich inrunning. 10500 @ 1.76 Banked : 1912.85 |
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BTO, I'm not sure what you mean ?
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Eddie are you actually staking these amounts?.. I thought it was a bit of fun.
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Yes, all bets are on.
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tough way to win 200, staking 16K
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Weren't you worried that Chelsea came in pre off and were the same price 20minutes in as at the start? Seems poor value to me?
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 I knew you were a big gambler Eddie but I didn't know you'd donate 40k for something like this.What is 40k as a % of your bank..? |
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You can't win unless you're getting value, no matter how you stake.
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Yeah but you never truly know if you're getting value. It does matter how you stake because you might get value but go bust from overstaking before you see your money.
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You know you're getting value if you can win at level stakes over a decent set of bets.
It matters how you stake of course, but it doesn't matter if you aren't getting value. Sooner or later you have to go bust. |
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Bank 1: 420 Bank 2: 1.26 k Bank 3: 3.78 k Bank 4: 11.34 k Bank 5: 25.2 k
24. Laid Scotland Street(08.22 Pinj) to win @ 2.87 for a liability of 420 Won 25. Simon to beat Benneteau inrunning. 420 @ 1.83 Lost 26. Laid the draw in Bani Suweif-AIAI(Egyption football) @ 3.18 for a liability of 1260 Won 27. Laid The Cockney Mackem(15.50 Taun) to place @ 2.8 for a liability of 420 Lost 28. Laid the draw in Panaitolikos-OFI(Greek football) @ 3.25 for a liability of 1260 Won 29. Reykjavik to beat Fram(Icelandic football). 420 @ 1.66 Lost 30. Sp Lisbon to beat Moreirense inrunning. 1260 @ 1.51 Lost 31. Miami Heat to beat LA Lakers. Not fully matched. 1830,25 @ 1.49 Won 31 B. Dolgopolov to beat Tomic inrunning. 2300 @ 1.42 Lost 32. B Munich to beat Mgladbach. 4400 @ 1.76 Lost 33. Chelse to beat Norwich inrunning. 10500 @ 1.76 Lost 34. Everton to beat Blackburn. 25900 @ 1.66 Banked : 1912.85 Every last penny is now on, so bank busted unless Everton win. Even if Everton wins, this last run will show a small loss. iIf Everton win I will take whatever needede from the banked amount to cover that small loss. |
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GL. |
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TheInvestor2, I did them inrunning because I tried to back them at 1.66 pre off, but as you said, they came in and I missed out. I was a bit pi$$ed off at that time as I could have taken all I wanted @ 1.65.
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Thank you CrowsEye.
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dare anyone ask for a screen shot
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