Jump to content
** March Poker League Result : =1st Bridscott, =1st Like2Fish, 3rd avongirl **
Download the PL Forum App!
** Cheltenham Tipster Competition Result : 1st Old codger, 2nd sirspread, 3rd Bathtime For Rupert **

1% 'Steady Drip'

Hodgey

By Hodgey
in Glory Hunters

 Share

Recommended Posts

Hodgey

Hodgey

Posted
Posted

Here’s a bit of longterm (hopefully :lol ) fun. I’m sure some of you are aware that if you could add 1% to your start bank every day, after a year your bank would have multiplied by a factor of 36! E.g start bank of £20 equates to £755! Now then, how hard can it be to pick a 1.01 shot?!? :tongue2 (Please read that tongue in cheek as I know that 1.01 shots do go down) Basically I'm gonna give it a go! First bet tonight. Lay Liverpool 0-2, odds of 90 (1.01124) Stake £19.58 to win 21p! (Hmm, odds have shortened to 80 since I layed my bet! Potentially cost me 3p in winnings! :lol ) :hope :loon

Link to comment
Share on other sites
  • Replies 937
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Popular Days

DC

DC

Posted
Posted

Re: 1% 'Steady Drip' Good luck with this. :ok In someways to start with £20 is a good idea because you'll never lose anymore than this throughout your thread. However, when you start putting the £100 bets on the line, mentally it will feel much more than losing only £20. Let's hope you suceed! It sounds easy but it's not. Getting 365 winners in a row is a tough one. Do you HAVE to have a bet every day? DC

Link to comment
Share on other sites
Datapunter

Datapunter

Posted
Posted

Re: 1% 'Steady Drip'

Hi Hodgey, where you bet the laybet for 20 pt? on betfair the minimal target usually is 4 pts cheers :cheers
to place a bet on Betfair below minimal here's what you do: 1) place a bet of 4 @ 1.01 2) change the stake on the bet to 4.01 you now have 2 bets, one of 4 @ 1.01 and one of 0.01 @ 1.01 3) cancel the bet of 4 @ 1.01 4) change the odds on the 0.01 bet to whatever odds you want Voila you have a bet with stake of 0.01 Same for laying only start by laying @ 1000.00 then change that bet.
Link to comment
Share on other sites
Hodgey

Hodgey

Posted
  • Author
Posted

Re: 1% 'Steady Drip' Thanks for all your interest fella's. :ok

It's an extremely risky strategy' date=' Hodgey, but good luck with it;)[/quote'] Agreed it's a risky strategy in that the whole bankroll goes on each bet. However as mentioned, the most I will lose is £20. Although, as has also been mentioned, if and that's a big if :lol , I reach the stage where I'm putting on £000's then maybe I will view it differently. Projected bank at 30 days: £27; 90 days: £49; 180 days: £120. Did you decide not to go ahead with it? Were you going to back 1.01 shots (E.g. in running plays or Roger Federer against Tim Henman! :lol ) or lay big prices like me? Feel free to add it in this thread if you fancy having a go. The 365 days was really just an arbitrary figure plucked out to coincide with a year. There will most probably be days where I don't bet (like today) but at busy times (weekends) theoretically there could be 4 or 5 bets a day with all the staggered KO times. Thanks for clearing that up DP. Although when I saw your name on my thread I thought I was in for a :spank telling me of all the pitfalls! :lol
Link to comment
Share on other sites
Datapunter

Datapunter

Posted
Posted

Re: 1% 'Steady Drip' There are no pitfalls, it's all or nothing, that simple. At odds of 1.01 you will get a loser within 1000 bets, i just hope it comes after the 365 days and not before. If you want a serious reply then i'd say this is a complete waste of time, but it's your time and as long as you have fun along the way... good luck :ok If anyone thought Martingale was bad... here's Hodgey :clap ;)

Link to comment
Share on other sites
Hodgey

Hodgey

Posted
  • Author
Posted

Re: 1% 'Steady Drip' 2-3 :eek Bit closer than I expected, especially after an hour! :loon Bank now £20.47 :lol Bet 3: Lay Egypt v Congo 0-2 Odds of 90 (1.01124) Stake of £19.58 to win 22p! :hope :loon Give it a go McGin - a complete waste of time but a bit of fun none the less. :ok

Link to comment
Share on other sites
cains

cains

Posted
Posted

Re: 1% 'Steady Drip' Good luck with this one... After your first post i deceided to give it a go my self to help my betfair account to grow a bit, or just go bankrupt. :dude I layed blackburn 2-0 man united.. @30 So i have deceided to take greater risk than you.. But i ALWAYS miss when i back correct score, so this must be the way ahead. ;) yesterday i layed unquted scores in herenveen vs ajax.. Any team with 4 goals, and it would have been a looser.. Glad they didnt make another one in 90min.. But @7.6 it was layed at.... Agree with data that it could be waste of time with @1.01 but good luck with it.. :ok

Link to comment
Share on other sites
Hodgey

Hodgey

Posted
  • Author
Posted

Re: 1% 'Steady Drip' Gooooooooooooal (well actually 2!) Egypt. :D Another winner! :nana Bank now stands at £20.68! :lol Cheers for you good wishes cains. And good luck with your ventures - 7.6 is waaaay too risky for me! :eek

Agree with data that it could be waste of time with @1.01 but good luck with it.. :ok
Never ;) The bank will be at £21 in no time! :hope :rollin
Link to comment
Share on other sites
Tonyvdb

Tonyvdb

Posted
Posted

Re: 1% 'Steady Drip'

to place a bet on Betfair below minimal here's what you do: 1) place a bet of 4 @ 1.01 2) change the stake on the bet to 4.01 you now have 2 bets, one of 4 @ 1.01 and one of 0.01 @ 1.01 3) cancel the bet of 4 @ 1.01 4) change the odds on the 0.01 bet to whatever odds you want Voila you have a bet with stake of 0.01 Same for laying only start by laying @ 1000.00 then change that bet.
I don't get it ... (especially the part 'you now have 2 bets') How do you do it exactly?
Link to comment
Share on other sites
Hodgey

Hodgey

Posted
  • Author
Posted

Re: 1% 'Steady Drip'

How about splitting the pot when you get to £100 (or some other figure) build it up then split again - when the loser eventually hits you won't have lost all the previous work and may well have a few nice runs going.
Yes good idea. I had thought about that, but £100 is still miles off. Cross that bridge if (when:ok ) we come to it..... :hope
I dare say that I'm wrong & someone will post the maths to prove it but isn't 1.01 1/100 & therefore isn't it a loser within 100 bets?
I thought that too when DP posted it but didn't want to question the mighty one's logic! :$ :lol
I don't get it ... (especially the part 'you now have 2 bets') How do you do it exactly?
Follow DP's instructions and it does exactly what it says on the tin. :ok
Link to comment
Share on other sites
Tonyvdb

Tonyvdb

Posted
Posted

Re: 1% 'Steady Drip' This is the part I don't get : 2) change the stake on the bet to 4.01 you now have 2 bets, one of 4 @ 1.01 and one of 0.01 @ 1.01 OK, I put a 4€-bet @ 1.01 When I change the stake to 4.01€, I don't have two bets, but one bet of 4.01€ ... What do I have to do exactly to have 2 bets, a 0.01 and a 4.00 ?

Link to comment
Share on other sites
Hodgey

Hodgey

Posted
  • Author
Posted

Re: 1% 'Steady Drip'

OK, I put a 4€-bet @ 1.01 When I change the stake to 4.01€, I don't have two bets, but one bet of 4.01€ ... What do I have to do exactly to have 2 bets, a 0.01 and a 4.00 ?
Hmmm.... :unsure Press submit?
Link to comment
Share on other sites
Hodgey

Hodgey

Posted
  • Author
Posted

Re: 1% 'Steady Drip'

I think I found it : you actually have to do the bet' date=' but look out it is unmatched, otherwise you can not cancel it ...[/quote'] That's right Tony - press submit! :loon But if you put it in at 1.01 it don't matter if it's unmatched or not - I mean who in their right mind would back 1.01 shots anyway! :lol ;)
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing
×
×
  • Create New...