General Betting
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©Schalke 04© 1 from 7 betting system
©Schalke 04© 1 from 7 betting system
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Replies: 2,895
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do you have any more banks?
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oh no - was fun while it lasted and at least you only lost half your bank this time
 horse racing head to head??? wow all the best with your next challenge - i'm sure I'll come home from work and see 100 posts here bagging your efforts, chin up  |
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FFS
chasing a clutch change in the horses. You changed your system |
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Hard luck, Schalkey. You had a great run with this one.
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Do you still not see the fundamental error with staking some bets at £1 and others at £800? How many more failed attempts will it take?
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one thing we should acknowledge about Schalke is his impressive use of emoticons.
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He will be gone a while and come back claiming his profitable past on here
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©Schalke 04© 1 from 7 betting system
Schalke 04 26 Feb 14 14:27 Joined: 10 Apr 05 | Topic/replies: 17,311 | Blogger: Schalke 04's blog Not done this for a while or any little challenges ... so, going to do this one which has been the most successful for me over the last 2 years. |
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schalke, I'm sure you would have been in profit it you just did level stakes and didn't get involved in very risky match bets on the horses.
The other problem is you do have a tendency to go on tilt from time to time. |
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?
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This one made a loss of just under £100 ... I am starting again, howeer I shall be doing it on facebook ... easier to use
See you there ... I shall learn from this one and eliminate horse racing from my selections |
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Come find me if you want to follow it on facebook, this time I will purely be concentrating on the sports I know best >>> Schalke 04 - Turn £133.40 into £1million - Sports Betting
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only reason it only lost £100 is because you did not put the full 1240 on the 7th losing selection
Bet 1 - £1.55 / Bet 2 - £4.65 / Bet 3 - £13.95 / Bet 4 - £43.50 / Bet 5 - £137 / Bet 6 - £412 / Bet 7 - £1240 |
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rotflmfao. Now you are on the cricket forum with your 10 pence bets?
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he need to sdjust his staking method, any easy way would be to go back to square one after 4 losing bets and slowly recover losses
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No. Quite simply put, you are dealing with 3 things.
Taking random bets based on short odds only, meaning no edge, and always betting more on losers than you are on winners. Thirdly, you are paying fees (commission etc) on your winning bets. So not only at level stakes would you be behind due to fees, you are guaranteeing losing money because added to that, you are always losing more on losing bets, than you are on winning bets. 2900 posts, 8 months, and he wiped out all profits plus an extra 25% in a couple of hours. Without an edge, or a market reading ability, this simply does not work, hence why he is starting again, thinking this time simply adding an 8th bet instead of 7, will be the answer. The guy has been doing this for around a decade, and keeps wiping out his bank. Does that not tell you something? |
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"only lost 100...." etc.
No. It lost all the gains, as well. Not to mention the time. It seems when punters win money, they never consider it their own and look at it as someone elses so when they give it back/lose it, it does not appear as a "loss" in the ledger of the mind. |
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Time is a very important commidity to me. When I lose I am often more annoyed about the amount of time I've wasted rather than the money I've lost. Then I calculate how long it will take me to regain my losses and get more pissed off
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