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Samba's Holiday Fund v1


Samba_SamPa

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I hope nobody minds, but I am going to jump on the 'EvilChris 8 Stage System' thingy :) Been reading through the relevant threads and it has me intrigued, so I have deposited £100 into my Ladbrokes account, and I am going to, as they say, have a bash, trying to win spends for the summer holiday. Depending on my success, or lack thereof, we could be dining out on steak every night... or maybe staying in with jam sarnies :lol The System: Starting bank of £100 is split into 50 sub-banks each containing £2.00

  • Place (50) 100% bets with each sub-bank at a selection with odds of (roughly) 2.00
  • Returns from winning bets are then split into 'x' sub-banks of £4.00, which are then again wagered on selections at 2.00.

  • This is continued until there is only 1 or 2 sub-banks remaining, at which point I either bank the profit and start a new 'run' or I continue until I'm in profit (or go bust!)
Here's how the staking works:
  • Stage 1 - Bets of £2.00 to win £4.00
  • Stage 2 - Bets of £4.00 to win £8.00
  • Stage 3 - Bets of £8.00 to win £16.00
  • Stage 4 - Bets of £16.00 to win £32.00
  • Stage 5 - Bets of £32.00 to win £64.00
  • Stage 6 - Bets of £64.00 to win £128.00
  • Stage 7 - Bets of £128.00 to win £256.00
  • Stage 8 - Bets of £256.00 to win £512.00

Rules:

  • All bets are placed through Ladbrokes
  • Although most selections will be no higher than odds of ~2.50, should a value selection be noticed at higher odds, I will go ahead and take it.
  • I will make bets on a variety of sports, basically whatever I am confident at the time

Thanks to Madnesstiger for the spreadsheet. I will be back soon with my first selection(s) :drums

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