ofcourseitwas Posted March 1, 2010 Share Posted March 1, 2010 Hello all, I am a 24 year-old American college student studying abroad in northern Germany. Rather than return home in 2 months, I will take a big risk to pursue my dream of living in Europe... I will track my progress both here and on my blog at www.collegegamble.blogspot.com The Gamble As an adamant football (soccer) supporter, I have been betting on matches for several years. I recently developed an algorithm for choosing which teams to back. I am reasonably confident in its accuracy and will attempt to make enough profit every month to fund an independent lifestyle as I explore Europe (living out of hotel rooms). As of May 2010 my apartment lease in Germany will be up! In hopes of keeping my dream alive I recently made two investments: 1. 8,000$ bankroll (on credit) to bet over the next 2 months. 2. An 800$ return flight should I lose it all. I will either be successful in my pursuit or return home emptyhanded. THERE WILL BE THOSE WHO CALL THIS FOOLISH. BUT TO THEM I SAY... YOU ARE ONLY YOUNG ONCE! Bet Structure With a bankroll of 8,000$, I have deposited into several bookmakers. Some funds have been reserved if better odds are available through another bookmaker. Selections will be on either back or lay, and the odds will be on average around 1.15-1.20 I will bet 10% of the current bank on each selection.* *I changed the bet structure to 10% after the 3rd bet to make this easier to follow. Quote Link to comment Share on other sites More sharing options...
jazzmorris Posted March 1, 2010 Share Posted March 1, 2010 Re: The Crazy College Gamble Good luck with it my friend :ok Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted March 1, 2010 Author Share Posted March 1, 2010 Re: The Crazy College Gamble thanks jazz. I appreciate the support :) First bet placed for tomorrow: Game: Notts County vs Macclesfield Odds: 1.17 (Paddy Power) Stake: 800$ Potential Profit: 136$ Quote Link to comment Share on other sites More sharing options...
shadowvkc Posted March 1, 2010 Share Posted March 1, 2010 Re: The Crazy College Gamble Goodluck man.. i would be on edge allll day betting $800 on 1 game mind :lol Quote Link to comment Share on other sites More sharing options...
lcfcmick Posted March 1, 2010 Share Posted March 1, 2010 Re: The Crazy College Gamble all the best :hope Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted March 1, 2010 Author Share Posted March 1, 2010 Re: The Crazy College Gamble Goodluck man.. i would be on edge allll day betting $800 on 1 game mind :lol ahhh yes. but they say that 'fortune favors the brave'. hopefully that mantra will pay off.... Quote Link to comment Share on other sites More sharing options...
shadowvkc Posted March 1, 2010 Share Posted March 1, 2010 Re: The Crazy College Gamble 'fortune favors the brave'. Yes quite true... but some would say it's a little foolish maxing out credit cards to fund your betting. You say you have a decent job to pay back the money, but what you are forgetting is the interest. If this goes tits up, your going to be paying back $8,000 for a long long time! Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted March 1, 2010 Author Share Posted March 1, 2010 Re: The Crazy College Gamble Yes quite true... but some would say it's a little foolish maxing out credit cards to fund your betting. You say you have a decent job to pay back the money, but what you are forgetting is the interest. If this goes tits up, your going to be paying back $8,000 for a long long time! I am well aware. It is not the wisest choice. Many would even say 'this is whats wrong with Americans'. But i really do have a good job and could pay it off within a year... but I know it's crazy....hence the thread's title! you're only young once.... Quote Link to comment Share on other sites More sharing options...
stewartd14 Posted March 1, 2010 Share Posted March 1, 2010 Re: The Crazy College Gamble thanks jazz. I appreciate the support :) First bet placed for tomorrow: Game: Notts County vs Macclesfield Odds: 1.17 (Paddy Power) Stake: 800$ Potential Profit: 136$ Whats the bet ? Good luck with this ... however brave or stupid it may be :loon Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted March 1, 2010 Author Share Posted March 1, 2010 Re: The Crazy College Gamble Whats the bet ? Good luck with this ... however brave or stupid it may be :loon lol forgot that part! and people please stop telling me what I already know. It is obviously an incredibly risky venture. Anyways, here's the bet: First bet placed for tomorrow: Game: Notts County vs Macclesfield Pick: back Notts County (Draw no Bet) Odds: 1.17 (Paddy Power) Stake: 800$ Potential Profit: 136$ Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted March 1, 2010 Author Share Posted March 1, 2010 Quote Link to comment Share on other sites More sharing options...
Denman Posted March 1, 2010 Share Posted March 1, 2010 Re: The Crazy College Gamble I'm not a fan of backing at low odds because you need a lot of winners to counter-act a potential loser or two. I also don't agree with credit culture and people borrowing money which isn't need. That being said I still look forward to following your progress, I'm sure it be entertaining which ever way it turns out. Best of luck. :) Quote Link to comment Share on other sites More sharing options...
Skittle Posted March 2, 2010 Share Posted March 2, 2010 Re: The Crazy College Gamble Looks a fair shout for the first bet. Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted March 2, 2010 Author Share Posted March 2, 2010 Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted March 2, 2010 Author Share Posted March 2, 2010 Re: The Crazy College Gamble sorry if the 1X is not clear enough, but double chance on Libertad to win or draw Quote Link to comment Share on other sites More sharing options...
Denman Posted March 3, 2010 Share Posted March 3, 2010 Re: The Crazy College Gamble I'm on Libertad in this game @ 1.45, they really should win. :hope Quote Link to comment Share on other sites More sharing options...
shadowvkc Posted March 3, 2010 Share Posted March 3, 2010 Re: The Crazy College Gamble What are the results for this?? Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted March 4, 2010 Author Share Posted March 4, 2010 Re: The Crazy College Gamble looks like the Libertad match was postponed til next week on the 10th. PaddyPower refunded my bet. Quote Link to comment Share on other sites More sharing options...
aldric Posted March 4, 2010 Share Posted March 4, 2010 Re: The Crazy College Gamble Whats going on with this thread? It's the only one that when I click on it the first post only is displayed.. to see the others I have to press reply. Good luck mate :ok Quote Link to comment Share on other sites More sharing options...
shadowvkc Posted March 4, 2010 Share Posted March 4, 2010 Re: The Crazy College Gamble Yea I find that when I try viewing it in Safari.. but in firefox its fine?? Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted March 5, 2010 Author Share Posted March 5, 2010 Re: The Crazy College Gamble Yea I find that when I try viewing it in Safari.. but in firefox its fine?? I know! I've had to give up trying to post spreadsheets because Internet Explorer will only show the first post. It works fine with Firefox. Anyone know who I can ask to get this fixed? Quote Link to comment Share on other sites More sharing options...
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