cv1000 Posted January 2, 2012 Share Posted January 2, 2012 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? Quote Link to comment Share on other sites More sharing options...
Cramer Posted January 3, 2012 Share Posted January 3, 2012 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;) Quote Link to comment Share on other sites More sharing options...
cv1000 Posted January 3, 2012 Author Share Posted January 3, 2012 Re: £50,000 in a year system You need to do your maths properly Quote Link to comment Share on other sites More sharing options...
Cramer Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system :sad Care to enlighten me? It's late and I've been drinking Quote Link to comment Share on other sites More sharing options...
cv1000 Posted January 3, 2012 Author Share Posted January 3, 2012 Re: £50,000 in a year system I'm also doing this on 365 Quote Link to comment Share on other sites More sharing options...
Cramer Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system Fine you'll need to hit at least 787 and given the horrific odds bookmakers off at this sort of price I sugest you have no chance. Quote Link to comment Share on other sites More sharing options...
cv1000 Posted January 3, 2012 Author Share Posted January 3, 2012 Re: £50,000 in a year system Lol, getting annoyed because you still can't do maths? :rollin Quote Link to comment Share on other sites More sharing options...
Cramer Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system I really don't think that's it;) Quote Link to comment Share on other sites More sharing options...
ScottyXS Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system Lol' date=' getting annoyed because you still can't do maths? :rollin[/quote'] 787? He just did. That sounds right to me. As does this. Good luck :ok Quote Link to comment Share on other sites More sharing options...
cv1000 Posted January 3, 2012 Author Share Posted January 3, 2012 Re: £50,000 in a year system Really? Can nobody seriously do maths around here? Quote Link to comment Share on other sites More sharing options...
Cramer Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system I suggest you check your own maths and re-read your first post:ok Quote Link to comment Share on other sites More sharing options...
LFC_Kuyt18 Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system Care to enlighten us cv1000? Whichever way you calculate this, you need a large number of consecutive winning bets, and the chances of you pulling this off are very unlikely, however, like Scotty, I wish you the best of luck :ok Quote Link to comment Share on other sites More sharing options...
UsManyDead Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system 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? Nothing is impossible until you prove it. (or so it's the saying) Anyway taking into consideration what you try to do, I think that the chance of you getting these many matches in a row it is so low that you should stop thinking about. What really disturbed me about you was the fact than even if someone helped you (cause you asked for help) you started mocking him. If you already have the numbers and the chance why are you here asking for help??? This is no way you should act on a forum where people are trying to help you. I can wish you good luck, but you'll need all the luck in the world to turn 20$ in 50000$. Quote Link to comment Share on other sites More sharing options...
cv1000 Posted January 3, 2012 Author Share Posted January 3, 2012 Re: £50,000 in a year system I never asked for help at all. He replied to my first post in a sarcastic, ignorant manner so I decided to reply the same way. Quote Link to comment Share on other sites More sharing options...
Cramer Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system That wasn't sarcastic or ignorant it was realistic:lol Best of luck with your maths:ok Quote Link to comment Share on other sites More sharing options...
cv1000 Posted January 3, 2012 Author Share Posted January 3, 2012 Re: £50,000 in a year system But it's alright because he's 'been drinking' because you know, that's what people do when they get drunk, go on betting forums :/ Quote Link to comment Share on other sites More sharing options...
Tollemache Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system Nah he gave a pretty no-frills assessment of your strategy I thought - just worked out the chances of it succeeding and then pointed out that they were low. Which they are. I don't see where sarcasm came into it but I can just about make out the part where you got VERY defensive at having your idea questioned. A better response might have been to point out why you think your idea will work, perhaps using some maths of your own. Still time to do that I reckon. Quote Link to comment Share on other sites More sharing options...
Cramer Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system lol get on with it pal I'm off to do some hardcore maths:ok Quote Link to comment Share on other sites More sharing options...
cv1000 Posted January 3, 2012 Author Share Posted January 3, 2012 Re: £50,000 in a year system You're pretty ignorant if you think I don't know that the odds are low, hence why I asked if people even think it is possible.... Quote Link to comment Share on other sites More sharing options...
aldric Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system You're pretty ignorant if you think I don't know that the odds are low' date=' hence why I asked if people even think it is possible....[/quote'] Of course its POSSIBLE, but its not going to happen especially using bet365 they will never accept bets of that size. 19 posts so far on this pointless thread. Quote Link to comment Share on other sites More sharing options...
Skittle Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system This could be interesting, but maybe not for long. Quote Link to comment Share on other sites More sharing options...
polishMagic Posted January 3, 2012 Share Posted January 3, 2012 Re: £50,000 in a year system it's not really impossible if you wait long enough and are lucky enough... it's what?? just 3 bets with the odds around 1,3 a month isn't it Quote Link to comment Share on other sites More sharing options...
twinny Posted January 4, 2012 Share Posted January 4, 2012 Re: £50,000 in a year system good luck with this:hope Quote Link to comment Share on other sites More sharing options...
MickyG Posted January 7, 2012 Share Posted January 7, 2012 Re: £50,000 in a year system Scotty and Cramer are correct, it will take 787 bets @ 1.01 to get to £49,845.94, but you would struggle to get that sort of bet matched in one on Bet365 when you get into the £10,000's (maybe even lower as they can be shitty with their max limit). To win 787 in a row would take 263 days with 3 bets a day, pretty soon you would have to increase the amount of bets due to the max limit on Bet365. Therefore I would suggest using Betfair as you would get larger amount matched. This would give you a 32 day buffer for "days off". But you may find yourself totally consumed with gambling by the end of it, as you will end up betting on every thing you see with odds @ 1.01 just to try keep you on target. The odds of hitting a loser eventually would stack up pretty high the more bets you will be placing. Plus going all in every time for such a small amount does not appeal to me, as if you spent 200 days (600 bets) to get to £7754.13 and then hit a loser - I would be totally gutted that I spent so much time and energy for nothing. So I would think about banking at certain stages - even if it is a couple of hundred quid put to one side. At least you will have something to show for it. Quote Link to comment Share on other sites More sharing options...
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