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Why not ... another £1K to £100K challenge
Why not ... another £1K to £100K challenge
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Replies: 72
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I meant to say "at least SOME bets are sensible"
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Mmm ... this morning hasn't been very good at all .... lost a lot
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You're far too reckless Undern, I fear it'll all be gone today. I hope not. Good luck.  |
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Agreed DB, when you're winning like Udern was then you're a genius, when it all falls to pieces you're a mug.
He reminds me of a poker player who plays a short stack better than he does a large stack. Which is why he needs to bank some money when he gets to a certain amount and start again imo. He's a likeable and honest bloke and I do wish him the best of luck. |
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Yep us Aussies are a likeable lot
 ...Yep I did lose a lot on the cricket ... (if I was watching I would have traded towards the end) .... lost a lot on one of the Aussie football matches trying to get a big win on under goals markets .... yet they kept scoring .... then lost some more on the West Ham game .... trying not to lose too much this afternoon in the rugby. |
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Give an update :) - Im following this.
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Yep I did lose a lot on the cricket ...
I just knew. I was listening to it this morning, and my first thought was that this could be the end of this challenge. |
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Not the end of the challeneg Darlo ... lost £1400 in the cricket and a lot more in the Aussie footy. Was down to around the £5K mark.
Lets just say my lay of Scotland has helped me get back into this challenge ... |
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... and despite doing some greening up in the Fed tennis match ... touch wood .... Fed will get me ahead ...
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I will update fully later ... this is today's current p&l.
Aussie: Cricket: -£1,438.00 | Greyhound Racing: -£273.99 | Horse Racing: £1,188.77 | Soccer: -£2,104.97 Total P&L: -£2,628.19 UK: Greyhound Racing: £50.34 | Horse Racing: £970.40 | Rugby Union: £1,937.20 | Soccer: -£1,103.52 | Tennis: £1,215.00 Total P&L: £3,069.42 Nice lay of Scotland in the rugby .... greened up a bit and bet on tennis when Fed was around 3.4 ish at beginning of the match ... greened some of that as well. Not sure about betting on the Welsh match .... the sensible part says no while the other part of me .... says why not. |
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Why the **** I bet when I have stayed up all night and extre
 mely tired ... |
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Mmmm .... now I am a fairly intelligent guy and even I think (like in past attempts) been utterly stupid in some of my betting.
It has all come crashing down .... bank now down to £750 from a high of around £10.5K from memory .... I blame the change in BF system for withdrawals as three times I withdrew £5K only to turn around and cancel the withdrawal. Oh I also blame the English who play **** at every sport going, not to mention Tottenham and a few other wasted bets I did during a day/night of betting madness. So I am going to finish this challenge with a loss of £250 .... oh what could have been .... least it was a memorable one though for once I wish I start one of these and actually do it sensibly. |
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You're blaming BF because you didn't have the discipline to let a £5K deposit go through???
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I blame the change in BF system for withdrawals as three times I withdrew £5K only to turn around and cancel the withdrawal
I hadn't noticed the thread but, bloody Undern, that is, again, another time you need to read your own posts and put it with other quotes on a plackard above your computer and read it every thirty minutes. It still blows my mind when I see people burn two years of groceries in a day. Your ability to win is not the question mark (though, again, there are dogs negative). The question marks are around your ability to avoid loss. |
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There's nothing noble in kicking a man when he's down, and it's pretty much certain that undern will be his own harshest critic at the moment, but I think there is something interesting that can be drawn from this episode.
You can't learn discipline - it's either something you've got or something you've not. For all that someone might look like they're efficiently trading the markets and making impressive (seriously impressive in undern's case) levels of profit, if they're still a gambler at heart it will all ultimately end up going wrong. If you're going to make this game pay you must have discipline - it's the boring backbone to any successful strategy. Turning 1k into 10k in about a week is no mean feat: draw down, start again, repeat ten more times and there's your 100k in less than three months. Sounds easy, but I wonder if being disciplined precludes such rapid bank growth, i.e. does discipline inherently lead to a more conservative approach? |
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@McNulty: I think having true discipline in the first place would seriously restrict those winnings in the first place. It's alright saying if I'd had discipline I wouldn't have lost £2k (enter your own amount in here) on that bet, when in reality, you wouldn't have won £500, £500, £500, £500 beforehand perhaps because discipline may have made you red out on one of those wins in the first place.
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Undern couldn't bet the way he does if he had discipline. He raises his bets when he loses. Sometimes he gets mostly wins and so doesn't need to bet big at any stage. Those days, he compliments himself on his sensible betting. But when he starts losing (and he always has lots of reasons for why he bet 'badly' - he was tired, somebody upset him, friends came round for dinner etc.), he just puts down bigger bets. He usually gets away with this several times. And then it goes wrong. Very wrong.
He isn't just a simple gambler though. I've seen Undern do numerous challenges like this, and he clearly has some skill in there. As I've said here and on a couple of his other threads, if he looked to treble a £1K pot before taking out the money and starting again, he'd (theoretically) do well overall. However, I think he has a huge huge problem with money control. Three times he tried to withdraw £5K, and each time he couldn't stop himself from halting the withdrawal. He's got to learn to control that. Deep down, though, I think there's very little chance he can do that. |
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And yes, Darlo's right. Telling Undern to find true discipline would be like coaching Diego Costa or Roy Keane to play without aggression. You won't change them. And if you do, you'll obliterate what's there.
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One of the first lesson's I learnt with Betfair and discipline was when my son got to the age of 2 or so and had a minder X amount of days per week.
I quickly learnt that the minute I stood up and went to pick him up in the afternoon, the day was done. Any time I came home with him and even if he was off happy playinl, I didn't go on. Why? He would come down the hall or call me or simply want to hang with his dad. There is always another horse race and football match. And if mine came across as kicking a man when he is down, not my intention. Simply as I have said before; undern, I wish you would read your own posts or atleast withdraw some of the money and "enjoy it" to remind yourself (something we are all guilty of on some level or the other at one time) that those figures on the screen are actually real money and not just figures on a ledger. |
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The "cancel Withdrawal" that most/all of the bookies use nowadays is pretty shameful imo.
I'm sorry the challenge failed for you Undern, yet again there was big highs and lows. Good luck to you. Some very wise words posted above too. |
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The "cancel Withdrawal" that most/all of the bookies use nowadays is pretty shameful imo.
Agree. Bookmakers must hire psychologists to come up with these ideas. |
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Shameful yes. But if you can't even exercise enough self-control to stop yourself from using the cancel withdrawal option, you probably shouldn't even be loose on the markets! Just hit the withdrawal command, and go and turn off the computer for a bit!
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Challenge Update:
I must admit I do like to do these challenges in my own way .... with varying amounts of stupidity thrown in. However I assure you I do take some of the betting very seriously and I do have a number of strategies/signals I am looking for however as you have all alluded to I do let myself down. Like Shapeshifter mentions I do need to remind myself it is real money I am winning and losing ... trust me it is real money .... I'm afraid the temptation to simply cancel the withdrawal is too tempting during my up and down times.Betting is a mind-game and it is terribly hard to continue with a challenge when you know you have just made then lost a nice bit of cash .... only to go back to square. However to keep some interest in my life outside of work I will continue the challenge. I had a reasonable last day of betting so will keep it going and see where the chips land. I will do the profit reports for the last couple of days based on a close/open at midnight. I will try and play sensibly but I won't guarantee it. Even today I did a couple of hit and hope bets ... then again this latest big up and down might have altered some brain cells in me. Starting Bank: £1000 20/02/2015 £1536 21/02/2015 £4003 22/02/2015 £5884 23/02/2015 £7550 24/02/2015 £5137 25/02/2015 £6282 26/02/2015 £8690 27/02/2015 £9336 28/02/2015 £8405 01/03/2015 £ 699 02/03/2015 £1614 28/2/2015: Aussie: Cricket: -£1,438.00 | Greyhound Racing: -£273.99 | Horse Racing: £1,188.77 | Soccer: -£2,104.97 Total P&L: -£2,628.19 UK: Greyhound Racing: -£3,444.41 | Horse Racing: £849.36 | Rugby Union: £3,885.48 | Soccer: -£1,103.52 | Tennis: £1,510.25 Total P&L: £1,697.16 01/3/2015: Aussie: Cricket: -£1,748.40 | Horse Racing: -£753.89 Total P&L: -£2,502.29 UK: Horse Racing: £37.73 | Rugby Union: -£1,000.90 | Soccer: -£4,455.60 | Tennis: £214.70 Total P&L: -£5,204.07 02/03/2015: UK: Greyhound Racing: £141.44 | Horse Racing: £662.50 | Snooker: £177.68 | Soccer: -£66.20 Total P&L: £915.42 Cricket Showing 1 - 1 of 1 markets Market Start time Settled date Profit/loss (£) Cricket / Australia v New Zealand : Match Odds 28-Feb-15 01:00 28-Feb-15 06:31 -1,438.00 Greyhound Racing Showing 1 - 1 of 1 markets Market Start time Settled date Profit/loss (£) Greyhound Racing / Rich (AUS) 28th Feb : R4 535m Mdn 28-Feb-15 09:18 28-Feb-15 09:19 -273.99 Horse Racing Showing 1 - 5 of 5 markets Market Start time Settled date Profit/loss (£) Horse Racing / Geel (AUS) 28th Feb : R5 2570m Trot S 28-Feb-15 09:30 28-Feb-15 09:44 24.38 Horse Racing / Asct (AUS) 28th Feb : R8 1400m Hcap 28-Feb-15 09:25 28-Feb-15 09:27 50.27 Horse Racing / ASpr (AUS) 28th Feb : R5 1400m Hcap 28-Feb-15 08:42 28-Feb-15 08:46 -88.80 Horse Racing / Asct (AUS) 28th Feb : R6 1200m Hcap 28-Feb-15 08:12 28-Feb-15 08:18 962.30 Horse Racing / Geel (AUS) 28th Feb : R2 2570m Trot S 28-Feb-15 07:58 28-Feb-15 08:06 240.62 Soccer Showing 1 - 7 of 7 markets Market Start time Settled date Profit/loss (£) Soccer / Perth v Brisbane : Over/Under 4.5 Goals 28-Feb-15 10:30 28-Feb-15 12:36 332.38 Soccer / Perth v Brisbane : Over/Under 1.5 Goals 28-Feb-15 10:30 28-Feb-15 12:02 477.73 Soccer / Western Sydney v Sydney : Over/Under 7.5 Goals 28-Feb-15 08:30 28-Feb-15 10:33 -1,487.00 Soccer / Western Sydney v Sydney : Over/Under 6.5 Goals 28-Feb-15 08:30 28-Feb-15 10:14 745.22 Soccer / Western Sydney v Sydney : Over/Under 5.5 Goals 28-Feb-15 08:30 28-Feb-15 09:52 -1,324.25 Soccer / Western Sydney v Sydney : Over/Under 4.5 Goals 28-Feb-15 08:30 28-Feb-15 09:23 -200.09 Soccer / Western Sydney v Sydney : Over/Under 3.5 Goals 28-Feb-15 08:30 28-Feb-15 09:14 -648.96 Greyhound Racing Showing 1 - 11 of 11 markets Market Start time Settled date Profit/loss (£) Greyhound Racing / Newc 28th Feb : A3 480m 28-Feb-15 21:48 28-Feb-15 21:51 -1,016.55 Greyhound Racing / Crayfd 28th Feb : To Be Placed 28-Feb-15 21:40 28-Feb-15 21:45 570.09 Greyhound Racing / Newc 28th Feb : HC 640m 28-Feb-15 21:32 28-Feb-15 21:39 -986.00 Greyhound Racing / Crayfd 28th Feb : H2 380m 28-Feb-15 21:24 28-Feb-15 21:30 -1,035.66 Greyhound Racing / Newc 28th Feb : A2 480m 28-Feb-15 21:15 28-Feb-15 21:19 486.00 Greyhound Racing / Crayfd 28th Feb : A5 380m 28-Feb-15 20:50 28-Feb-15 20:57 97.20 Greyhound Racing / Crayfd 28th Feb : A6 380m 28-Feb-15 20:34 28-Feb-15 20:42 -1,050.02 Greyhound Racing / Crayfd 28th Feb : S7 540m 28-Feb-15 20:18 28-Feb-15 20:24 243.00 Greyhound Racing / Newc 28th Feb : HC 480m 28-Feb-15 19:54 28-Feb-15 19:59 -900.01 Greyhound Racing / Crayfd 28th Feb : A4 380m 28-Feb-15 19:46 28-Feb-15 19:53 97.20 Greyhound Racing / Crayfd 28th Feb : A7 380m 28-Feb-15 10:38 28-Feb-15 10:41 50.34 Horse Racing Showing 1 - 17 of 17 markets Market Start time Settled date Profit/loss (£) Horse Racing / Meydan (UAE) 28th Feb : 1m6f Grp3 28-Feb-15 17:40 28-Feb-15 17:47 72.90 Horse Racing / Kelso 28th Feb : 3m2f Hunt Chs 28-Feb-15 17:20 28-Feb-15 17:29 -112.00 Horse Racing / Donc 28th Feb : 2m NHF 28-Feb-15 16:50 28-Feb-15 17:09 -310.35 Horse Racing / Meydan (UAE) 28th Feb : 1m2f Hcap 28-Feb-15 17:05 28-Feb-15 17:09 121.50 Horse Racing / Kelso 28th Feb : 2m6f Hcap Hrd 28-Feb-15 16:45 28-Feb-15 16:56 106.91 Horse Racing / Newb 28th Feb : 2m Nov Hcap Hrd 28-Feb-15 16:00 28-Feb-15 16:07 48.60 Horse Racing / Ling 28th Feb : 2m Cond Stks 28-Feb-15 15:30 28-Feb-15 15:36 680.40 Horse Racing / Newb 28th Feb : 2m4f Grd3 Hcap Chs 28-Feb-15 15:25 28-Feb-15 15:32 -319.00 Horse Racing / Donc 28th Feb : 3m Hcap Hrd 28-Feb-15 15:10 28-Feb-15 15:19 72.90 Horse Racing / Kelso 28th Feb : 2m2f Grd2 Nov Hrd 28-Feb-15 15:00 28-Feb-15 15:06 243.00 Horse Racing / Ling 28th Feb : 1m Hcap 28-Feb-15 14:55 28-Feb-15 15:00 72.90 Horse Racing / Newb 28th Feb : 2m Hcap Hrd 28-Feb-15 14:50 28-Feb-15 14:57 -165.00 Horse Racing / Meydan (UAE) 28th Feb : 1m Hcap 28-Feb-15 14:45 28-Feb-15 14:47 33.05 Horse Racing / Donc 28th Feb : 3m Listed Nov Hrd 28-Feb-15 14:35 28-Feb-15 14:43 48.60 Horse Racing / Newb 28th Feb : 3m2f Hcap Chs 28-Feb-15 14:15 28-Feb-15 14:24 12.15 Horse Racing / Leop 28th Feb : 2m2f Hrd 28-Feb-15 14:05 28-Feb-15 14:12 48.60 Horse Racing / Ling 28th Feb : 1m Mdn Stks 28-Feb-15 13:50 28-Feb-15 13:55 194.20 Rugby Union Showing 1 - 2 of 2 markets Market Start time Settled date Profit/loss (£) Rugby Union / France v Wales : Match Odds 28-Feb-15 17:00 28-Feb-15 18:45 1,948.28 Rugby Union / Scotland v Italy : Match Odds 28-Feb-15 14:30 28-Feb-15 16:16 1,937.20 Soccer Showing 1 - 4 of 4 markets Market Start time Settled date Profit/loss (£) Soccer / West Ham v C Palace : Match Odds 28-Feb-15 12:45 28-Feb-15 14:38 -2,723.26 Soccer / West Ham v C Palace : Over/Under 4.5 Goals 28-Feb-15 12:45 28-Feb-15 14:38 -470.53 Soccer / West Ham v C Palace : Over/Under 3.5 Goals 28-Feb-15 12:45 28-Feb-15 14:18 1,088.08 Soccer / West Ham v C Palace : Over/Under 2.5 Goals 28-Feb-15 12:45 28-Feb-15 14:05 1,002.19 Tennis Showing 1 - 2 of 2 markets Market Start time Settled date Profit/loss (£) Tennis / Nadal v Berlocq : Set 01 Winner 28-Feb-15 19:58 28-Feb-15 21:17 295.25 Tennis / N Djokovic v Federer : Match Odds 28-Feb-15 15:01 28-Feb-15 16:38 1,215.00 Cricket Showing 1 - 2 of 2 markets Market Start time Settled date Profit/loss (£) Cricket / Pakistan v Zimbabwe : Match Odds 01-Mar-15 03:30 01-Mar-15 11:36 648.32 Cricket / England v Sri Lanka : Match Odds 28-Feb-15 22:00 01-Mar-15 05:34 -2,396.72 Horse Racing Showing 1 - 3 of 3 markets Market Start time Settled date Profit/loss (£) Horse Racing / Armi (AUS) 1st Mar : R6 1900m Hcap 01-Mar-15 05:03 01-Mar-15 05:06 120.45 Horse Racing / SCst (AUS) 1st Mar : R5 1000m CL1 01-Mar-15 04:54 01-Mar-15 04:57 74.36 Horse Racing / Mngl (AUS) 1st Mar : R7 3009m Pace M 01-Mar-15 04:42 01-Mar-15 04:50 -948.70 Horse Racing Showing 1 - 7 of 7 markets Market Start time Settled date Profit/loss (£) Horse Racing / Sedge 1st Mar : 2m1f NHF 01-Mar-15 17:10 01-Mar-15 17:18 -384.64 Horse Racing / Hunt 1st Mar : 2m NHF 01-Mar-15 17:00 01-Mar-15 17:04 -240.00 Horse Racing / Navan 1st Mar : 2m1f Hcap Chs 01-Mar-15 16:50 01-Mar-15 16:56 97.30 Horse Racing / Sedge 1st Mar : 2m1f Hcap Hrd 01-Mar-15 16:40 01-Mar-15 16:46 243.25 Horse Racing / Navan 1st Mar : 3m Hcap Chs 01-Mar-15 16:20 01-Mar-15 16:33 41.59 Horse Racing / Sedge 1st Mar : 2m6f Hcap Chs 01-Mar-15 16:10 01-Mar-15 16:17 97.30 Horse Racing / Sedge 1st Mar : 2m4f Nov Hrd 01-Mar-15 14:10 01-Mar-15 14:16 182.93 Rugby Union Showing 1 - 1 of 1 markets Market Start time Settled date Profit/loss (£) Rugby Union / Ireland v England : Match Odds 01-Mar-15 15:00 01-Mar-15 16:41 -1,000.90 Soccer Showing 1 - 8 of 8 markets Market Start time Settled date Profit/loss (£) Soccer / Boca Juniors v Atletico Rafaela : Match Odds 01-Mar-15 21:15 01-Mar-15 23:10 3.99 Soccer / Monaco v Paris St-G : Match Odds 01-Mar-15 20:00 01-Mar-15 21:54 47.19 Soccer / Inter v Fiorentina : Over/Under 1.5 Goals 01-Mar-15 17:15 01-Mar-15 19:11 -250.00 Soccer / W Bremen v Wolfsburg : Over/Under 8.5 Goals 01-Mar-15 16:30 01-Mar-15 18:22 -384.35 Soccer / Chelsea v Tottenham : Over/Under 2.5 Goals 01-Mar-15 16:00 01-Mar-15 17:53 -2,381.83 Soccer / Chelsea v Tottenham : Match Odds 01-Mar-15 16:00 01-Mar-15 17:53 -2,050.60 Soccer / Arsenal v Everton : Match Odds 01-Mar-15 14:05 01-Mar-15 16:00 -1,296.00 Soccer / Liverpool v Man City : Match Odds 01-Mar-15 12:00 01-Mar-15 13:52 1,856.00 Tennis Showing 1 - 2 of 2 markets Market Start time Settled date Profit/loss (£) Tennis / Nadal v J Monaco : Match Odds 01-Mar-15 20:07 01-Mar-15 21:14 -38.02 Tennis / Nishikori v D Ferrer : Match Odds 01-Mar-15 03:06 01-Mar-15 04:59 252.72 Greyhound Racing Showing 1 - 8 of 8 markets Market Start time Settled date Profit/loss (£) Greyhound Racing / Romfd 2nd Mar : A2 400m 02-Mar-15 21:02 02-Mar-15 21:05 12.12 Greyhound Racing / Nott 2nd Mar : A1 500m 02-Mar-15 19:48 02-Mar-15 19:51 55.15 Greyhound Racing / Romfd 2nd Mar : A6 400m 02-Mar-15 19:43 02-Mar-15 19:45 194.60 Greyhound Racing / Yarm 2nd Mar : A4 462m 02-Mar-15 19:37 02-Mar-15 19:40 -248.01 Greyhound Racing / Nott 2nd Mar : A2 500m 02-Mar-15 19:32 02-Mar-15 19:35 31.73 Greyhound Racing / Yarm 2nd Mar : A1 462m 02-Mar-15 19:22 02-Mar-15 19:26 26.27 Greyhound Racing / Nott 2nd Mar : A3 500m 02-Mar-15 19:01 02-Mar-15 19:05 20.94 Greyhound Racing / Sheff 2nd Mar : A4 500m 02-Mar-15 17:33 02-Mar-15 17:36 48.64 Horse Racing Showing 1 - 8 of 8 markets Market Start time Settled date Profit/loss (£) Horse Racing / SunP (US) 2nd Mar : R4 7f Claim 02-Mar-15 20:45 02-Mar-15 21:02 48.65 Horse Racing / SunP (US) 2nd Mar : R2 2f Allw 02-Mar-15 20:20 02-Mar-15 20:38 16.54 Horse Racing / Wolv 2nd Mar : 1m1f Mdn Stks 02-Mar-15 17:40 02-Mar-15 17:44 24.32 Horse Racing / Wolv 2nd Mar : 1m1f Hcap 02-Mar-15 17:10 02-Mar-15 17:14 204.33 Horse Racing / Sthl 2nd Mar : 2m Hcap Hrd 02-Mar-15 16:50 02-Mar-15 16:58 233.52 Horse Racing / Wolv 2nd Mar : 1m1f Hcap 02-Mar-15 16:40 02-Mar-15 16:49 63.24 Horse Racing / Fake 2nd Mar : 3m Hcap Hrd 02-Mar-15 16:30 02-Mar-15 16:39 29.09 Horse Racing / Sthl 2nd Mar : 3m Hcap Hrd 02-Mar-15 16:20 02-Mar-15 16:28 42.81 Snooker Showing 1 - 2 of 2 markets Market Start time Settled date Profit/loss (£) Snooker / M Williams v Walker : Match Odds 02-Mar-15 22:00 02-Mar-15 23:01 53.17 Snooker / Bond v Dale : Match Odds 02-Mar-15 19:00 02-Mar-15 20:15 124.51 Soccer Showing 1 - 3 of 3 markets Market Start time Settled date Profit/loss (£) Soccer / Roma v Juventus : Match Odds 02-Mar-15 20:00 02-Mar-15 21:52 24.52 Soccer / Roma v Juventus : Over/Under 0.5 Goals 02-Mar-15 20:00 02-Mar-15 21:23 241.60 Soccer / Liverpool U21 v Chelsea U21 : Over/Under 2.5 Goals 02-Mar-15 19:00 02-Mar-15 20:51 -332.32 |
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Back in now. Mmm so I stayed up after the update and did a bit more betting only to waste £700 or so on a footy match hoping for goals ... yep no goals ... got to bed around 1am ... up early, now tired and mentally fatigued. So the bank is now down to £1K mark ... well actually £1012 but whose counting
. I am not continuing with this challenge ... gave it a shot but ultimately I can't seem to push on and to be honest it (as I pointed out in my last post) is mentally taxing when you have won so much in a short space of time to then have to do it again because like it not with these challenges you hit a high figure then if you go back a step or two (or 50) you only feel like you are again moving forward once you get past that original high. I am sure some know what I am on about. Anyway again I had a fun (in a twisted sort of way) time and I may come back when I feel ready to take the challenge on again in public ... all the best to one and all. |
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GL. Maybe 1k to 10 k would have been more realistic?
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Cheers stewarty b. I still hang around on BF betting (although not as much as I used to) so I may do mini-challenges or perhaps like you say £1K to £10K etc. Just read about someone trying a £10 challenge ... but my problem is that I greening up where needed so hard to put something up and then have to explain I actually greened up on the bet. TBH just feel mentally tired from the last week or so ... so best to let it go.
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Shirley 1-10 withdraw 8 then 2-20 etc ,you may not have Discipline Undern but with a right plan you could well be very profitable ,you certainly have the bottle ,which is something that is deffo needed ,trying to get the lot in one go is
your downfall ,g luck if you try again  |
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Lunatic
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Interesting comment
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Don't call me Shirley
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Shirley not ...
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