£50,000 in a year system

[cv1000]

Hi, So I will be looking to make £50,000 from a starting bank of £20 during 2012. I will begin on the 9th January and aim to finish on the 1st November so actually under a year. Basically I will be trying to make 3% of my bank each day betting at stakes of 1.01 a time. I will lower this toward the end to allow me to bet at the huge stakes that would need to be wagered. Think this is possible?

[Cramer]

Re: £50,000 in a year system Assume you are doing this on Betfair and paying 4% commission you would need to hit 819 1.01's going all in every time. As you said you won't be risking it all towards the end you'll need even more, so probably more like 1000. Add to that I've got no idea if you've got an edge in selecting 1.01's but I imagine you don't. Obviously you have a chance, it's probably something like 1 in 50000 of pulling it off;)